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eToro vs FxPro: Comparison and Analysis

Trying to figure out whether to use eToro or FxPro? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of eToro and FxPro side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
76% of retail CFD accounts lose money
eToro review
Open Account
72.87% of retail investor accounts lose money
FxPro review

Overall Ratings


Rated
77
Rated
80

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • eToro
  • FxPro

Security 95
Security 95

Cost 70
Cost 58

Trading 67
Trading 76

Education 64
Education 83

Company Info


Foundation
2007
2006
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, chi(t/s), cz, dan, de, es, fi, fr, ne, nor, pol, rom, ru, swe, thai, viet, mal, it
en, ar, chi(t/s), cro, cz, dan, de, es, est, fi, fr, hu, lit, nor, po, pol, ru, ko, ind, viet, mal, it, sw, ur

Leverage


Non-EU Leverage ?
30:1
500:1
European Leverage ?
30:1
30:1
Australian Leverage ?
30:1
30:1
US Leverage ?
1:1
0
Canadian Leverage ?
N/A
0

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
CIRO ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
5529
3896000
SimilarWeb - Total Visits
22900
552472
Facebook Likes
4691
725969
Twitter Likes
120000
13120000
Instagram Likes
88000
4120000

Deposit and Withdrawal


Minimum Deposit ?
100 USD
Minimum Withdraw ?
30
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
Rapid Transfer
UnionPay
Deposit Waiting Time ?
up to 5 business days
up to 10 minutes
Withdraw Waiting Time ?
up to 5 business days
1 business day
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
USD
AUD, EUR, GBP, USD, CHF, JPY, PLN
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
5.0
6.18
Natural Gas ?
15.0
5.40
Silver ?
5.0
2.07
Platinum ?
35.0
1.50
Copper ?
4.0
Soybeans ?
50
1.37
Corn ?
130
0.96
Gold ?
45.0
20.31

Forex Fixed Spreads


EUR/GBP Spread
1.6
EUR/USD Spread
1.5
USD/JPY Spread
1.6
GBP/USD Spread
1.8
USD/CHF Spread
1.8
AUD/USD Spread
USD/CAD Spread
1.6
NZD/USD Spread

Forex Variable Spreads


EUR/USD Average Spread
1
0.45
USD/JPY Average Spread
1
0.53
USD/CHF Average Spread
1.5
0.85
GBP/USD Average Spread
2
1.02
USD/CAD Average Spread
1.5
0.88
AUD/USD Average Spread
1.0
0.87
NZD/USD Average Spread
2.5
1
EUR/GBP Average Spread
2
0.85

Fees on Stocks


Apple
0.0
0.62
Facebook
0.0
0.44
Alphabet
0.0
Snapchat
0.0
BP
0.0
Tesco
0.0
0.67
Barclays
0.0
1.50
Lloyds
0.0
0.20

Fees on Indices


FTSE100
1.5
1.22
S&P500
0.75
0.74
Dow Jones
3.24
Nasdaq
2.4
1.59
CAC40
1
1.62
DAX30
2
1.64
Nikkei 225
10
11.22
Euro Stoxx 50
3
1.87

Fees on Cryptocurrencies


Bitcoin
1,00%
1
Ethereum
1,00%
3.5
Ripple
1,00%
0.02
Litecoin
1,00%
0.9
Bitcoin Cash
1,00%
50.0
Dash
1,00%
0
Monero
1,00%
0
Neo
1,00%
0

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, de, es, fr, it
en, ar, cz, de, es, fr, hu, po, pol, rom, ru, sk, tur, ko, ind, viet, it, chi
Watchlist Mobile ?

Available Markets


Forex Pairs ?
47
75
Crypto ?
47
75
Commodities ?
47
17
Stocks ?
957
156
Indices ?
13
24
ETF ?
145
Futures ?
20
Options ?
Bonds ?
Metal ?
4
7
Agricultural ?
3
7
Energies ?
2
3
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
19
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?
Crypto, ETF, Stocks

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
10$
variable
Maximum Trade Size ?
20% of the equity
variable

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
67
51
Number Chart Drawing Tools ?
14
31
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, ru
en, ar, cz, de, es, fr, hu, po, pol, ru, thai, ko, ind, viet, mal, it, ur, chi

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

eToro vs FxPro: A Comparison Summary

When it comes to choosing a broker, there are many factors to consider. In this comparison summary, we will take a look at eToro and FxPro, two popular brokers in the market, and examine their features, services, and fees.

Security

Both eToro and FxPro have strong security measures in place and are regulated by reputable authorities such as CySEC, ASIC, and FCA. However, eToro is registered with FinCEN, which makes it eligible for US traders, giving it an edge over FxPro in this regard. Both brokers have a security rating of 95.

Demo Accounts

eToro offers an unlimited demo account with $100,000 in virtual funds. The virtual funds can be restored by contacting customer support. FxPro offers a demo account with a duration of 180 days and $100,000 in virtual funds, which can be restored directly from the FxPro Direct dashboard. eToro has an advantage over FxPro in terms of the duration of its demo account.

Account Opening

The minimum deposit for eToro is $200 for most countries, while FxPro requires a minimum deposit of $100. eToro only offers USD as the account currency, which may not be ideal for those depositing in currencies other than the US Dollar. FxPro offers a wider range of account currencies, including USD, EUR, GBP, CHF, PLN, AUD, JPY, and ZAR. Both brokers offer various types of accounts, including Islamic and Professional accounts.

Social-Copy Trading

eToro is the best player in the market for offering copy and social trading. It provides a proprietary platform that enables traders to copy the trades of other successful traders. FxPro does not offer any social or copy trading features, making eToro the clear winner in this category.

Markets

eToro offers a wider range of markets, including Forex, Commodities, Indices, Crypto assets, Stocks, ETFs, and Futures and Options. It also offers both CFDs and real assets for Crypto, Stocks, and ETFs, making it suitable for both short-term and long-term investments. FxPro offers Forex, Commodities, Indices, Crypto assets, Stocks, and Futures and Options, but only as CFDs, which may not be suitable for long-term investments. eToro has an edge over FxPro in terms of the variety of markets and investment options it offers.

Trading Fees

eToro offers variable spreads starting from 1 pip on Forex, which is above the market average. However, it offers zero-commission real stocks and ETFs for CySEC, FCA, and ASIC traders, with the possibility to start investing with just $10. However, other commissions may still apply. FxPro offers both variable and fixed spreads, with variable spreads starting from 0.1 pips on Forex, which is lower than the market average. However, its fixed spreads start from 1.6 pips on Forex, which is higher than the market average. In terms of trading fees, it’s a tie between the two brokers, as each has its own strengths.

Platforms

eToro offers a proprietary platform that is available via web and mobile devices. It is user-friendly and specialised in copy and social trading. FxPro offers a range of platforms, including FxPro EDGE via WebTrader and FxPro Mobile App, MetaTrader 4 (MT4) available via WebTrader, Desktop, and Mobile, MetaTrader 5 (MT5) available via WebTrader, Desktop, and Mobile, and cTrader available via WebTrader, Desktop, and Mobile. Both brokers offer a range of platforms, but eToro’s proprietary platform is more specialised in copy and social trading, which gives it an advantage over FxPro in terms of user experience.

Education/Customer Care

eToro provides high-quality education material, including blog articles, fintech guides, trading videos, webinars, and seminars. Its customer care is easy to contact via email and live chat. FxPro’s education material is limited, with only basic video tutorials and PDF guides available for beginners, and very few resources for professionals. However, its customer care is available in over 30 languages and can be contacted via phone, email, and live chat.

Conclusion

In summary, both eToro and FxPro have their strengths and weaknesses. eToro has an edge in terms of social and copy trading, unlimited demo account duration, a wider range of markets, and specialised proprietary platforms. On the other hand, FxPro has an advantage in terms of account opening, a wider range of account currencies, lower variable spreads, and a wider range of trading platforms. It’s important to consider your specific needs and preferences when choosing between these two brokers.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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