Broker comparison

AvaTrade vs eToro Comparison

Compare trading conditions, commissions and platforms of Forex brokers AvaTrade and eToro. Find out which broker is best for you.

VS summaryScores and ranking at a glance
AvaTradeHigher ranked
Rating
4.7/5
Rank
#1
Register

Trading CFDs carries high risks. You may lose all invested funds

eToro
Rating
3.8/5
Rank
#57
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated
Author · Editor

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - AvaTrade or eToro?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

AvaTrade ranks higher in the editorial ranking.
AvaTrade
Rating: 4.7/5Rank: #1
eToro
Rating: 3.8/5Rank: #57

AvaTrade

Minimum deposit · USD
100 USD
Different platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • AvaTradeGO
Different markets
  • Bonds

eToro

Minimum deposit · USD
200 USD
Different platforms
  • eToro
Different markets
None listed

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of AvaTrade and eToro

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 7 of 7 parametersShowing 7 of 7 parameters

Overview: comparison of AvaTrade, eToro
BrokerAvaTradeeToro
Foundation Year
2006
2006
Regulated in Countries
Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada
Seychelles, United Kingdom, Cyprus, Australia, United States
Minimum Deposit
  • 100 CHF
  • 100 EUR
  • 100 GBP
  • 100 USD
  • 200 USD
Spread
from 0.6 points
from 1 points
Max Leverage
1:400
1:30
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • AvaTradeGO
  • eToro
Review

AvaTrade Review

AvaTrade Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5WebTraderAvaTradeGO

AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.

Pros and Cons of AvaTrade

Pros

  1. A wide selection of financial assets.
  2. Innovative trading platforms.
  3. Highly rated educational resources.

Cons

  1. Limited trading account options.
  2. Account inactivity fee.

AvaTrade is in the top 10 of the following ratings:

eToro Review

eToro Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
eToro

eToro stands out from other brokers due to its unique combination of trading services and social features, making it particularly attractive to traders interested in innovative approaches to investing. Narrow spreads and the ability to buy securities in fractions simplify access to different assets, while the social network allows users to share strategies and copy trades of successful traders, which is a big plus for beginners and those looking for new investment ideas. The simple and intuitive interface makes the platform accessible even for those who are just starting their trading journey.

eToro is best suited for beginner traders who are looking to capitalize on the social aspects of trading and do not require complex individual trading account settings. The platform is also ideal for those looking for an active community to share ideas and strategies.

Pros and Cons of eToro

Pros

  1. A social network for traders.
  2. Good selection of trading instruments.
  3. Fractional shares purchasing.
  4. Narrow spreads.

Cons

  1. Only one trading account is available.
  2. eToro has its own trading platform, but there is no alternative to it.
  3. Poor customer support performance.
  4. Delays and hidden fees during fund withdrawal.

eToro is in the top 10 of the following ratings:

Reliability

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 4 of 4 parametersShowing 4 of 4 parameters

Reliability: comparison of AvaTrade, eToro
BrokerAvaTradeeToro
Reliability
5/5
5/5
Foundation Year
2006
2006
Regulated in Countries
Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada
Seychelles, United Kingdom, Cyprus, Australia, United States
Regulators

AvaTrade

AvaTrade is regulated in various countries by several leading financial regulators, providing high reliability.

eToro

eToro - надежный брокер с регулированием в нескольких странах.

Pros

  1. Регулируется уважаемыми организациями (CySEC, FCA, ASIC, SEC).
  2. Глобальное присутствие и разнообразие рынков.
  3. Лицензии на разные виды деятельности (включая криптовалюту в США).

Account Opening

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 2 of 2 parametersShowing 2 of 2 parameters

Account Opening: comparison of AvaTrade, eToro
BrokerAvaTradeeToro
Account Opening
5/5
4/5
Minimum Deposit
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 CHF
  • 200 USD

AvaTrade

The broker offers clients from different countries a straightforward, convenient, and quick account opening process.

eToro

Открытие счета в eToro является удобным и простым процессом.

Pros

  1. Возможность быстрой регистрации через Google.
  2. Понятная и прозрачная процедура верификации.

Cons

  1. Высокий минимальный депозит для некоторых стран.
  2. Верификация может занять до 3 дней.

Account Types

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 9 of 9 parametersShowing 9 of 9 parameters

Account Types: comparison of AvaTrade, eToro
BrokerAvaTradeeToro
Account Types
3.5/5
2.8/5
Trading Accounts
  • CFD
  • —
Minimum Deposit
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 CHF
  • 200 USD
Spread
from 0.6 points
from 1 points
Max Leverage
1:400
1:30
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • AvaTradeGO
  • eToro
Demo Account
Yes
Yes
Swap-free Account
Yes
Yes

AvaTrade

AvaTrade has a decent trading account, but the absence of some critical options may not satisfy all trader needs.

Pros

  1. A free demo account is available.
  2. An Islamic account option is provided.
  3. The ability to copy trades.

Cons

  1. Lack of market execution of orders.
  2. No cent accounts.
  3. No fixed spread accounts.

eToro

eToro предлагает базовый набор типов счетов, что подойдет для большинства трейдеров, но может не удовлетворить специфические потребности некоторых категорий.

Pros

  1. Присутствие демо-счета для обучения.
  2. Исламский счет для соблюдения принципов Шариата.
  3. Механизм копирования сделок.

Cons

  1. Нет счетов с фиксированным спредом.
  2. Отсутствие центовых счетов.
  3. Не предлагаются ECN или STP счета для прямого доступа к межбанковскому рынку.

Commissions

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 4 of 4 parametersShowing 4 of 4 parameters

Commissions: comparison of AvaTrade, eToro
BrokerAvaTradeeToro
Commissions
4.5/5
3.5/5
Spread
from 0.6 points
from 1 points
Average Spread (EURUSD)
0.9
—
Commission
No data
No data

AvaTrade

AvaTrade offers relatively low commissions with its competitive spreads and no charges for deposits/withdrawals.

Pros

  1. Low spreads.
  2. No deposit/withdrawal fees.

Cons

  1. Inactivity fee.

eToro

Для торговли eToro предлагает выгодные условия, но трейдерам также следует учитывать не торговые комиссии.

Pros

  1. Узкие спреды.

Cons

  1. Ежемесячная плата за неактивность.
  2. Есть комиссия за вывод средств.
  3. Невыгодные условия по сравнению с другими брокерами и криптобиржами.

Deposit and Withdrawal

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 2 of 2 parametersShowing 2 of 2 parameters

Deposit and Withdrawal: comparison of AvaTrade, eToro
BrokerAvaTradeeToro
Rating
4.2/5
3.5/5
Account Funding Methods
  • Neteller
  • Skrill
  • PayPal
  • Google Pay
  • Bank Transfer
  • Visa
  • Mastercard
  • Maestro
  • JCB
  • PayPal
  • Neteller
  • Skrill
  • Klarna
  • Rapid Transfer
  • Sofort
  • Swift
  • Visa
  • Mastercard
  • Trustly
  • POLi

AvaTrade

AvaTrade provides flexible and accessible methods for depositing and withdrawing funds, though processing times can be extended.

Pros

  1. Multiple methods for deposit and withdrawal.
  2. No commission on deposits and withdrawals.
  3. AvaTrade covers up to $100 of the bank transfer fee.

Cons

  1. Long processing time for bank transfers.

eToro

eToro предлагает разнообразные способы пополнения и вывода, но включает комиссии за некоторые операции и валютные конвертации.

Pros

  1. Много платежных систем для пополнения и вывода средств.
  2. Отсутствие комиссии за пополнение для многих платежных систем.

Cons

  1. Комиссия за вывод средств составляет 5 USD.
  2. Дополнительные затраты на конвертацию валют.

Markets and Products

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 10 of 10 parametersShowing 10 of 10 parameters

Markets and Products: comparison of AvaTrade, eToro
BrokerAvaTradeeToro
Markets and Products
5/5
4.5/5
Forex
53
47
Precious Metals
7
7
Energy Carriers
5
2
Soft Commodities
7
4
Indices
46
13
Stocks
614
2500
ETF
61
250
Bonds
2
-
Cryptocurrency
20
112

AvaTrade

AvaTrade offers various financial instruments, including currency pairs, CFDs, stocks, ETFs, bonds, cryptocurrencies, etc.

eToro

eToro предлагает доступ к широкому спектру финансовых инструментов, включая акции, ETF, форекс, CFD и криптовалюты, но не обеспечивает полную прозрачность для некоторых операций.

Trading Platforms

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 2 of 2 parametersShowing 2 of 2 parameters

Trading Platforms: comparison of AvaTrade, eToro
BrokerAvaTradeeToro
Rating
5/5
3.5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • AvaTradeGO
  • eToro

AvaTrade

AvaTrade provides various trading platforms: MetaTrader 4 and 5, WebTrader, and AvaTradeGO, giving traders flexibility in choosing the right tool for their trading strategies.

eToro

Платформы eToro обладают удобным интерфейсом и базовыми торговыми функциями, но имеют ограничения в аналитических инструментах.

Pros

  1. Платформы доступны в веб-версии и как мобильное приложение.
  2. Интегрированные функции управления счетом и торговли.
  3. Возможность копирования сделок.

Cons

  1. Ограниченный набор индикаторов.
  2. Возможные расхождения котировок.
  3. Отсутствие дополнительных торговых платформ.

Analytics

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 1 of 1 parametersShowing 1 of 1 parameters

Analytics: comparison of AvaTrade, eToro
BrokerAvaTradeeToro
Rating
5/5
4/5

AvaTrade

The broker provides good market analysis tools.

Pros

  1. Collaboration with Trading Central.
  2. Economic calendar.
  3. Trader's calculator.

eToro

Брокер предлагает удобные инструменты технического анализа и торговые идеи.

Pros

  1. Интерактивный график.
  2. Торговые идеи.

Cons

  1. Низкое качество новостного потока.
  2. Ограниченные рекомендации аналитиков.

Education

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 1 of 1 parametersShowing 1 of 1 parameters

Education: comparison of AvaTrade, eToro
BrokerAvaTradeeToro
Rating
5/5
4.8/5

AvaTrade

AvaTrade offers quality video tutorials and articles for traders of all levels.

Pros

  1. Quality materials.
  2. Educational resources available on the AvaTrade site.

eToro

eToro предлагает широкий набор обучающих материалов, но в основном на английском языке.

Pros

  1. Широкий спектр обучающих материалов.
  2. Ежедневный обзор рынка.
  3. Подробное руководство по финтех-индустрии.

Cons

  1. Большинство материалов доступны только на английском языке.

Customer Support

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 4 of 4 parametersShowing 4 of 4 parameters

Customer Support: comparison of AvaTrade, eToro
BrokerAvaTradeeToro
Rating
5/5
2/5
Email Support
Hotline Phones
Social Media

AvaTrade

The broker's technical support offers various channels of communication and 24/7 availability.

eToro

eToro предлагает несколько каналов связи с поддержкой, что является плюсом. Однако отзывы пользователей указывают на отсутствие оперативности и эффективности в работе службы поддержки.

Comparisons of AvaTrade and eToro with other brokers

Conclusion

When choosing between AvaTrade and eToro, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: AvaTrade or eToro?

AvaTrade ranks higher than eToro in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: AvaTrade or eToro?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — AvaTrade or eToro?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with AvaTrade and eToro?

AvaTrade: MetaTrader 4, MetaTrader 5, WebTrader, AvaTradeGO. eToro: eToro. See the “Platforms” section for details and selection tips.

What markets can you trade with AvaTrade and eToro?

AvaTrade: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. eToro: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by AvaTrade and eToro?

AvaTrade: CFD. eToro: —. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by AvaTrade and eToro?

AvaTrade: Neteller, Skrill, PayPal, Google Pay, Bank Transfer, Visa, Mastercard, Maestro, JCB. eToro: PayPal, Neteller, Skrill, Klarna, Rapid Transfer, Sofort, Swift, Visa, Mastercard, Trustly, POLi. Check method-specific fees/settlement times.

Which broker is safer — AvaTrade or eToro — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.