Scores, winners and data below compare these brokers as CFD/FX brokers (leveraged trading on forex, indices, commodities and crypto), using the data of eToro's Cyprus entity and Interactive Brokers' Ireland entity. Scores, winners and data below compare these brokers as stock brokers (real shares and ETFs you own outright), using the data of eToro's Cyprus entity and Interactive Brokers' Ireland entity.
eToro
61% of retail CFD accounts lose money. Below content does not apply to US users.
Interactive Brokers
57.9% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders eToro and Interactive Brokers are best suited to, based on what each one actually offers in .Interactive Brokers is better than eToro for day traders, scalpers and futures traders. Both are a good fit for long-term investors, professional traders and high-volume traders.
| Overall score | eToro 83 -3 85 | Interactive Brokers 86 Best 85 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise eToro and the ones that supervise Interactive Brokers.eToro and Interactive Brokers are both regulated by top-tier authorities, eToro by CySEC, ASIC (Australia) and the SEC (United States) and Interactive Brokers by CBI Ireland, ASIC (Australia) and the SEC (United States).
| Section score | eToro 100 100 | Interactive Brokers 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | CySEC (Cyprus) | CBI (Ireland) |
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that eToro and Interactive Brokers have in place to protect your money in .eToro and Interactive Brokers both offer segregated client funds and an investor compensation scheme.
| Section score | eToro 94 -1 94 -1 | Interactive Brokers 95 95 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2007 | 1978 |
| Parent company i | eToro Group Ltd. | IBG LLC |
| CEO i | Yoni Assia | Milan Galik |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | J.P. Morgan, Deutsche Bank, Coutts | Agricultural Bank of China, Australia and New Zealand Banking Group, Banco Santander, Bank Hapoalim, Bank of China, Barclays Bank Ireland, Barclays Bank, Euroclear Bank, HSBC Bank, HSBC Continental Europe, ING Bank, ING Belgium, ING Bank Slaski, J.P. Morgan SE, J.P. Morgan Chase Bank, Mizuho Bank, MUFG Bank, NatWest Bank, Oversea Chinese Banking Corporation, Raiffeisen Bank International, Raiffeisen Bank Zrt, Raiffeisenbank a.s., Royal Bank of Canada, Skandinaviska Enskilda Bank, Societe Generale, Standard Chartered Bank, The Hongkong and Shanghai Banking Corporation, UBS Switzerland, United Overseas Bank, Wells Fargo Bank |
| Brand power | ||
| Number of customers worldwide i | 4,280,000 | 3,337,000 |
| Annual revenue i | USD 1,340,000,000 | USD 6,205,000,000 |
| Monthly website search traffic i | 13.2M monthly visits | |
Costs
What we compare A comparison of what it costs to trade with eToro and with Interactive Brokers in , both on each trade and on holding the account.Interactive Brokers is better than eToro for CFD/FX costs, as Interactive Brokers is cheaper on EUR/USD, at 3.33 USD per lot (against eToro's 11.6 USD). Neither eToro nor Interactive Brokers charges inactivity fees or account maintenance fees.
eToro is better than Interactive Brokers for real stock costs, given that eToro charges lower US stock fees, at 2 USD (against Interactive Brokers' 2.1 USD), does not charge ETF fees (against Interactive Brokers' 6.96 USD), and does not charge real-time market data fees, unlike Interactive Brokers. Neither eToro nor Interactive Brokers charges inactivity fees or account maintenance fees.
| Section score | eToro 52 -33 79 Best | Interactive Brokers 85 Best 74 -5 |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | USD 4.65About this value. This is the forex commission per lot at Interactive Brokers Ireland Limited (CBI). At Interactive Brokers' other companies: USD 4.65 (the UK, Canada), USD 2 (Australia). | |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 11.6 | USD 3.325 |
| S&P 500 fees (CFD) i | 1.08 points | |
| Gold fees (CFD) i | 0.88 points | |
| Bitcoin fees (CFD) i | USD 1,585.8 | |
| US stocks fees (CFD) i | USD 0.005 | |
| Fees on stocks | ||
| Stock fee type i | Commission | Commission, Percentage |
| US stocks fees (real) i | USD 2 | USD 2.1 |
| ETF fees (real) i | Free | USD 6.96 |
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | USD 0.85 | |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | USD 0.65 | |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with eToro and with Interactive Brokers in , and of how many instruments each one gives access to.Interactive Brokers is better than eToro for CFD/FX markets, given that Interactive Brokers gives access to 15,000 tradable symbols (against eToro's 5,461), lets you own bonds, funds and forex outright, which eToro does not, and offers futures on bonds, commodities, crypto, forex and indices, which eToro does not. Both eToro and Interactive Brokers offer CFDs on commodities, crypto, forex, indices and stocks, and let you own crypto, ETFs and stocks outright.
Interactive Brokers is better than eToro for real stock markets, as Interactive Brokers lets you own bonds, funds and forex outright, which eToro does not, gives access to 15,000 tradable symbols (against eToro's 5,461), and offers futures on bonds, commodities, crypto, forex and indices, which eToro does not. Both eToro and Interactive Brokers let you own crypto, ETFs and stocks outright, and offer CFDs on commodities, crypto, forex, indices and stocks.
| Section score | eToro 85 -15 55 -45 | Interactive Brokers 100 Best 100 Best |
|---|---|---|
| Total tradable symbols i | 5,461 | 15,000 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, ETF, Forex, Indices, Stocks | Commodities, Crypto, Forex, Indices, Stocks |
| Futures i | Bonds, Commodities, Crypto, Forex, Indices | |
| Options i | Bonds, Commodities, Crypto, ETF, Forex, Indices, Stocks | |
| Assets you can own i | Crypto, ETF, Stocks | Bonds, Crypto, ETF, Funds, Forex, Stocks |
Platform
What we compare A comparison of the trading platforms that eToro and Interactive Brokers make available to their clients in .eToro is better than Interactive Brokers for platforms, as eToro offers social trading and copy trading, which Interactive Brokers does not. Both eToro and Interactive Brokers offer a proprietary platform and one-click trading.
| Section score | eToro 84 Best 84 Best | Interactive Brokers 80 -4 80 -4 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of eToro and Interactive Brokers in , and of what each one lets you do from your phone.eToro is better than Interactive Brokers for mobile trading, given that eToro offers a social trading app, a copy trading app and mobile trading signals, which Interactive Brokers does not. Both eToro and Interactive Brokers offer a proprietary mobile app and mobile price alerts.
| Section score | eToro 87 Best 87 Best | Interactive Brokers 80 -7 80 -7 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that eToro and Interactive Brokers allow on their platforms in .Interactive Brokers is better than eToro for CFD/FX trading features, given that Interactive Brokers offers tier-1 liquidity providers, which eToro does not, and allows for scalping and high-frequency trading. Both eToro and Interactive Brokers offer negative balance protection and trailing stops.
eToro and Interactive Brokers are close on real stock trading features, as both offer trailing stops and fractional shares. Interactive Brokers goes a step further, as it has a smaller minimum trade size on stocks, at 1 USD (against eToro's 10 USD), and offers tier-1 liquidity providers.
| Section score | eToro 68 -13 85 | Interactive Brokers 81 Best 85 |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | NDD |
| Average execution time i | ||
| Slippage occurrence i | ||
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1About this value. This is the major fx pairs leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 400:1 (other accepted countries), 30:1 (the UK, Australia). | 30:1About this value. This is the major fx pairs leverage at Interactive Brokers Ireland Limited (CBI). At Interactive Brokers' other companies: 30:1 (the UK, Australia), 50:1 (Canada). |
| Minor/Exotic FX pairs leverage i | 20:1About this value. This is the minor/exotic fx pairs leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 50:1 (other accepted countries), 20:1 (the UK, Australia). | 20:1About this value. This is the minor/exotic fx pairs leverage at Interactive Brokers Ireland Limited (CBI). At Interactive Brokers' other companies: 20:1 (the UK, Australia), 33:1 (Canada). |
| Major indices leverage i | 20:1About this value. This is the major indices leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 100:1 (other accepted countries), 20:1 (the UK, Australia). | 20:1 |
| Minor indices leverage i | 10:1 | 10:1 |
| Gold leverage i | 20:1About this value. This is the gold leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 100:1 (other accepted countries), 20:1 (the UK, Australia). | 20:1 |
| Commodities leverage i | 10:1About this value. This is the commodities leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 100:1 (other accepted countries), 10:1 (the UK, Australia). | 10:1 |
| Equities leverage i | 5:1About this value. This is the equities leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 10:1 (other accepted countries), 5:1 (the UK, Australia). | 5:1About this value. This is the equities leverage at Interactive Brokers Ireland Limited (CBI). At Interactive Brokers' other companies: 5:1 (the UK, Australia), 3:1 (Canada). |
| Cryptocurrency leverage i | 2:1About this value. This is the cryptocurrency leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 5:1 (other accepted countries), 2:1 (Australia). | 2:1 |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | USD 10 | USD 1 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at eToro and at Interactive Brokers in , and of who each one is meant for.Interactive Brokers is better than eToro for CFD/FX account types, because Interactive Brokers offers an Islamic account, a micro account and a swap-free account, which eToro does not. eToro and Interactive Brokers both offer a demo account and a professional traders account.
eToro is better than Interactive Brokers for real stock account types, given that eToro offers a corporate account, a margin investing account and an unlimited demo account, which Interactive Brokers does not. Both eToro and Interactive Brokers offer a stock investing account and a demo account.
| Section score | eToro 48 -6 74 Best | Interactive Brokers 54 Best 53 -21 |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with eToro and with Interactive Brokers in .eToro and Interactive Brokers are equally good for account opening, as eToro supports e-wallets, which Interactive Brokers does not, and offers debit cards. On the other hand, Interactive Brokers does not require a minimum deposit (against eToro's 50 USD), and offers 17 account base currencies (against eToro's 3). eToro and Interactive Brokers both offer credit cards and wire transfers.
| Section score | eToro 64 -1 64 -1 | Interactive Brokers 65 65 |
|---|---|---|
| Minimum deposit i | USD 50About this value. This is the minimum deposit at eToro (Europe) Ltd (CySEC). At eToro's other companies: USD 100 (other accepted countries), USD 50 (the UK, Australia, the US). | USD 0 |
| Minimum withdrawal i | USD 30 | USD 0 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPalAbout this value. This is the ewallets at eToro (Europe) Ltd (CySEC). It is different at eToro's companies in other accepted countries and Australia. | |
| Local payment methods i | ||
| Account base currencies i | USD, EUR, DKKAbout this value. This is the account base currencies at eToro (Europe) Ltd (CySEC). It is different at eToro's companies in other accepted countries, the US, the UK and Australia. | AUD, CAD, CHF, CNY, CZK, EUR, GBP, HKD, HUF, JPY, MXN, NOK, NZD, RUB, SEK, SGD, USDAbout this value. This is the account base currencies at Interactive Brokers Ireland Limited (CBI). It is different at Interactive Brokers' companies in Australia. |
| Deposit waiting time i | up to 5 business days | up to 1 business days |
| Withdrawal waiting time i | up to 7 business days | up to 1 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of eToro and Interactive Brokers in , in how it can be reached and how fast it answers.eToro is better than Interactive Brokers for customer care, given that eToro offers a dedicated account manager and priority support, which Interactive Brokers does not. Both eToro and Interactive Brokers offer live chat and email support.
| Section score | eToro 69 Best 69 Best | Interactive Brokers 58 -11 58 -11 |
|---|---|---|
| Number of languages supported i | 7 | 8 |
| Website languages i | Arabic, German, English, French, Italian, Spanish, Chinese | German, English, French, Italian, Japanese, Russian, Spanish, Chinese |
| Website available in English i | ||
| Customer support languages i | Arabic, German, English, French, Italian, Romanian, Spanish | German, English, French, Italian, Japanese, Russian, Spanish, Chinese |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that eToro and Interactive Brokers provide to their clients in .eToro is better than Interactive Brokers for learning, given that eToro offers daily market commentary, which Interactive Brokers does not. Both eToro and Interactive Brokers offer education for advanced traders and webinars.
| Section score | eToro 100 Best 100 Best | Interactive Brokers 92 -8 92 -8 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
eToro vs Interactive Brokers: which one should you choose?
eToro
CFD/FX Choose eToro if you want an online CFD broker with copy and social trading.
Stocks Choose eToro if you want a stock brokerage service with copy and social trading.
Open Account 61% of retail CFD accounts lose money. Below content does not apply to US users.
Interactive Brokers
CFD/FX Choose Interactive Brokers if you want a CFD/forex broker with low trading costs and TradingView.
Stocks Choose Interactive Brokers if you want a broker for securities investing with TradingView and reliable order execution.
Open Account 57.9% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include eToro or Interactive Brokers, each scored with the same data and method as this page.
