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eToro vs ZuluTrade: Comparison and Analysis

Trying to figure out whether to use eToro or ZuluTrade? 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 ZuluTrade 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
77% of retail investor accounts lose money
eToro review
Open Account
(Your capital is at risk when trading CFDs)
ZuluTrade review

Overall Ratings


Rated
77
Rated
75

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

  • eToro
  • ZuluTrade

Security 95
Security 94

Cost 70
Cost 68

Trading 68
Trading 69

Education 64
Education 46

Company Info


Foundation
2007
2008
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, bul, cz, de, es, fi, fr, gre, heb, hu, ne, nor, po, pol, ru, slo, swe, thai, ko, viet, mal, it, chi

Leverage


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

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
IIROC ?
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
77010
SimilarWeb - Total Visits
22900
577040
Facebook Likes
4691
230460
Twitter Likes
120000
3294
Instagram Likes
88000

Deposit and Withdrawal


Minimum Deposit ?
10 USD
100 USD
Minimum Withdraw ?
50
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
UnionPay, Rapid Transfer, Sofort
Sofort, iDeal, EPS, DirectPay, Przelewy24, Qiwi
Deposit Waiting Time ?
up to 10 minutes
instant
Withdraw Waiting Time ?
1 business day
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
EUR, USD
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
3.5
Natural Gas ?
10.0
4.2
Silver ?
5.0
4.4
Platinum ?
35.0
Copper ?
2.0
1.5
Soybeans ?
Corn ?
Gold ?
45.0
34.0

Forex Fixed Spreads


EUR/GBP Spread
EUR/USD Spread
USD/JPY Spread
GBP/USD Spread
USD/CHF Spread
AUD/USD Spread
USD/CAD Spread
NZD/USD Spread

Forex Variable Spreads


EUR/USD Average Spread
1
0.3
USD/JPY Average Spread
1
0.4
USD/CHF Average Spread
1.5
0.6
GBP/USD Average Spread
2
0.7
USD/CAD Average Spread
1.5
0.5
AUD/USD Average Spread
1.0
0.4
NZD/USD Average Spread
2.5
0.6
EUR/GBP Average Spread
2
0.5

Fees on Stocks


Apple
0.0
Facebook
0.0
Alphabet
0.0
Snapchat
0.0
BP
0.0
Tesco
0.0
Barclays
0.0
Lloyds
0.0

Fees on Indices


FTSE100
150
1.0
S&P500
75
5.0
Dow Jones
4.0
Nasdaq
100
2.0
CAC40
200
1.4
DAX30
200
1.0
Nikkei 225
1000
10.0
Euro Stoxx 50
300
1.5

Fees on Cryptocurrencies


Bitcoin
1,00%
1
Ethereum
1,00%
1.8
Ripple
1,00%
5.4
Litecoin
1,00%
1.3
Bitcoin Cash
1,00%
4.6
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, de, es, fr, gre, heb, ru, ko, it, chi
Watchlist Mobile ?

Available Markets


Forex Pairs ?
47
36
Crypto ?
47
36
Commodities ?
47
6
Stocks ?
957
Indices ?
13
12
ETF ?
145
Futures ?
Options ?
Bonds ?
Metal ?
4
3
Agricultural ?
3
Energies ?
2
3
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
19
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?
Crypto, ETF, Penny Stocks, 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$
0.01 lots
Maximum Trade Size ?
20% of the equity
100 lots

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

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 ZuluTrade: A Comprehensive Comparison of Two Brokers

When it comes to online trading, choosing the right broker is crucial. In this comparison, we will analyse two well-known brokers, eToro and ZuluTrade, based on several factors to help traders make an informed decision.

Security

Both eToro and ZuluTrade are regulated by reputable financial authorities. ZuluTrade is regulated by HCMC, CySEC, JFSA, FSC of Mauritius, FSCA, while eToro is regulated by CySEC, ASIC, and FCA. However, eToro has an edge with its registration in the USA with FinCEN, which makes it eligible for US traders. In terms of security rating, eToro has a slightly higher score of 95 compared to ZuluTrade’s 94.

Demo Account

ZuluTrade and eToro offer unlimited demo accounts. ZuluTrade’s demo account has customizable virtual funds of up to $1,000,000 and can be replenished by contacting customer support. eToro’s demo account has virtual funds of $100,000 and can also be restored by contacting customer support.

Account Opening

ZuluTrade’s minimum deposit is $100, and the account currency mirrors the broker you choose to connect with. Payment methods depend on the broker you choose. eToro’s minimum deposit is $200 for most countries ($50 for some), and the account currency is only in USD. Payment methods include wire transfers, credit/debit cards, and eWallets. eToro offers several account types, including Standard, Islamic, Corporate, and Professional accounts for advanced traders.

Social-Copy Trading

Both eToro and ZuluTrade offer social and copy trading features. However, eToro is considered the best player in this category, with its proprietary platform specialised in copy and social trading. ZuluTrade also offers quality copy trading features with a vast number of filters and trading order types.

Markets

eToro has a wider range of markets available for trading, with 49 forex pairs, 35 commodities, 20 indices, 174 crypto assets, 1050+ stocks, 290+ ETFs, and 4 futures and options. eToro offers crypto, stocks, and ETFs as CFDs and as real assets, making it an excellent option for both short-term and long-term investments. ZuluTrade offers 50+ forex pairs, 3 commodities, 7 indices, and 4 crypto assets, but the markets available for trading depend on the broker you choose to link with your ZuluTrade account.

Trading Fees

Broker-related fees such as spreads and commissions depend on the broker you choose to link with your ZuluTrade account. AAAFX, which owns ZuluTrade, offers variable spreads starting from 0.3 pip on forex. eToro offers variable spreads, with the minimum spread starting from 1 pip on forex, which is above the market average. However, eToro offers zero-commission real stocks and ETFs for CySEC, FCA, and ASIC traders, with the possibility to start investing with just $10.

Platforms

Both eToro and ZuluTrade offer proprietary platforms specialised in social and copy trading. ZuluTrade can also be integrated with MT4 accounts from supported brokers. eToro’s platform is user-friendly, available via web and mobile devices, and provides a seamless copy and social trading experience.

Education/Customer Care

Both eToro and ZuluTrade provide educational resources, including user guides, video tutorials, market analysis, trading insights, webinars, and seminars. Customer support is available 24/7 via email and live chat. However, note that customer support availability and quality may vary between brokers integrated with the ZuluTrade platform.

Conclusion

In conclusion, eToro and ZuluTrade are both excellent brokers with unique features and benefits. ZuluTrade offers quality copy and social trading features with a vast number of filters and trading order types, while eToro is considered the best player in this category with its proprietary platform specialised in copy and social trading. When it comes to the markets available for trading, eToro has a wider range of options, including crypto, stocks, and ETFs as CFDs and as real assets. eToro also offers several account types and zero-commission real stocks and ETFs for CySEC, FCA, and ASIC traders. However, ZuluTrade has a lower minimum deposit requirement, and its demo account has customizable virtual funds of up to $1,000,000. Both brokers offer excellent educational resources and customer support.

Ultimately, the choice between eToro and ZuluTrade depends on the trader’s individual needs and preferences. Traders should consider the factors mentioned above, such as security, account opening, social-copy trading, markets, trading fees, platforms, education/customer care, and more before making a decision. It is recommended that traders research and compare several brokers before selecting the best one for their trading needs.

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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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