eToro vs FXOpen Comparison: Which Is Better for Traders?
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 - eToro or FXOpen?
Our pick: FXOpen
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - FXOpen looks preferable to eToro.
FXOpen scored 4.3/5 and ranks 29 in our all Forex brokers list, whereas eToro has 3.8/5 and ranks 52.
This is not financial advice. See the full comparison below.
Who is eToro suitable for?
eToro may be suitable for beginners looking for a simple platform and interested in copying the trades of successful traders.
Who is FXOpen suitable for?
Broker FXOpen is suitable for professional traders and scalping enthusiasts but may not be ideal for beginners due to the lack of training.
Comparison Table of eToro and FXOpen
| Broker | eToro | FXOpen |
|---|---|---|
| Rating | 3.8/5 | 4.3/5 |
| Foundation Year | 2006 | 2004 |
| Regulated in Countries | Seychelles, United Kingdom, Cyprus, Australia, United States | United Kingdom, Cyprus, Australia |
| Minimum Deposit |
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| Spread | from 1 points | from 0 points |
| Max Leverage | 1:30 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | eToro Review | FXOpen Review |
eToro Review
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
- A social network for traders.
- Good selection of trading instruments.
- Fractional shares purchasing.
- Narrow spreads.
Cons
- Only one trading account is available.
- eToro has its own trading platform, but there is no alternative to it.
- Poor customer support performance.
- Delays and hidden fees during fund withdrawal.
eToro is in the top 10 of the following ratings:
FXOpen Review
FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.
FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.
Pros and Cons of FXOpen
Pros
- Wide range of trading assets.
- Low spreads and commissions.
- Support for various trading platforms.
Cons
- Lack of educational materials.
FXOpen is in the top 10 of the following ratings:
Reliability
| Broker | eToro | FXOpen |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2006 | 2004 |
| Regulated in Countries | Seychelles, United Kingdom, Cyprus, Australia, United States | United Kingdom, Cyprus, Australia |
| Regulators | SFSA SFSA FCA FCA CySEC CySEC ASIC ASIC SEC SEC | - FCA FCA CySEC CySEC ASIC ASIC |
eToro
eToro - надежный брокер с регулированием в нескольких странах.
Pros
- Регулируется уважаемыми организациями (CySEC, FCA, ASIC, SEC).
- Глобальное присутствие и разнообразие рынков.
- Лицензии на разные виды деятельности (включая криптовалюту в США).
FXOpen
FxOpen is a reliable and regulated broker, licensed in many countries, ensuring the safety of funds and a high standard of services.
Account Opening
| Broker | eToro | FXOpen |
|---|---|---|
| Account Opening | 4/5 | 5/5 |
| Minimum Deposit |
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|
eToro
Открытие счета в eToro является удобным и простым процессом.
Pros
- Возможность быстрой регистрации через Google.
- Понятная и прозрачная процедура верификации.
Cons
- Высокий минимальный депозит для некоторых стран.
- Верификация может занять до 3 дней.
FXOpen
FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.
Account Types
| Broker | eToro | FXOpen |
|---|---|---|
| Account Types | 2.8/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 1 points | from 0 points |
| Max Leverage | 1:30 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
eToro
eToro предлагает базовый набор типов счетов, что подойдет для большинства трейдеров, но может не удовлетворить специфические потребности некоторых категорий.
Pros
- Присутствие демо-счета для обучения.
- Исламский счет для соблюдения принципов Шариата.
- Механизм копирования сделок.
Cons
- Нет счетов с фиксированным спредом.
- Отсутствие центовых счетов.
- Не предлагаются ECN или STP счета для прямого доступа к межбанковскому рынку.
FXOpen
FxOpen offers a wide selection of trading accounts and additional services.
Commissions
| Broker | eToro | FXOpen |
|---|---|---|
| Commissions | 3.5/5 | 3/5 |
| Spread | from 1 points | from 0 points |
| Average Spread (EURUSD) | 1.2 | |
| Commission per Lot | $3.5 |
eToro
Для торговли eToro предлагает выгодные условия, но трейдерам также следует учитывать не торговые комиссии.
Pros
- Узкие спреды.
Cons
- Ежемесячная плата за неактивность.
- Есть комиссия за вывод средств.
- Невыгодные условия по сравнению с другими брокерами и криптобиржами.
FXOpen
FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.
Deposit and Withdrawal
| Broker | eToro | FXOpen |
|---|---|---|
| Rating | 3.5/5 | 4.2/5 |
| Account Funding Methods |
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eToro
eToro предлагает разнообразные способы пополнения и вывода, но включает комиссии за некоторые операции и валютные конвертации.
Pros
- Много платежных систем для пополнения и вывода средств.
- Отсутствие комиссии за пополнение для многих платежных систем.
Cons
- Комиссия за вывод средств составляет 5 USD.
- Дополнительные затраты на конвертацию валют.
FXOpen
FxOpen offers a variety of deposit and withdrawal methods.
Pros
- A large selection of payment systems and cryptocurrencies.
- Fast processing of withdrawal requests.
Cons
- No bank transfer option.
- High commissions for credit cards from the provider.
Markets and Products
| Broker | eToro | FXOpen |
|---|---|---|
| Markets and Products | 4.5/5 | 4.6/5 |
| Forex | 47 | 66 |
| Precious Metals | 7 | 3 |
| Energy Carriers | 2 | 3 |
| Soft Commodities | 4 | - |
| Indices | 13 | 12 |
| Stocks | 2500 | 553 |
| ETF | 250 | 56 |
| Cryptocurrency | 112 | 41 |
eToro
eToro предлагает доступ к широкому спектру финансовых инструментов, включая акции, ETF, форекс, CFD и криптовалюты, но не обеспечивает полную прозрачность для некоторых операций.
FXOpen
FxOpen offers a good selection of assets but without soft commodities.
Trading Platforms
| Broker | eToro | FXOpen |
|---|---|---|
| Rating | 3.5/5 | 5/5 |
| Trading Platforms |
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eToro
Платформы eToro обладают удобным интерфейсом и базовыми торговыми функциями, но имеют ограничения в аналитических инструментах.
Pros
- Платформы доступны в веб-версии и как мобильное приложение.
- Интегрированные функции управления счетом и торговли.
- Возможность копирования сделок.
Cons
- Ограниченный набор индикаторов.
- Возможные расхождения котировок.
- Отсутствие дополнительных торговых платформ.
FXOpen
FXOpen offers a wide range of trading platforms, catering to different types of traders.
Analytics
| Broker | eToro | FXOpen |
|---|---|---|
| Rating | 4/5 | 4/5 |
eToro
Брокер предлагает удобные инструменты технического анализа и торговые идеи.
Pros
- Интерактивный график.
- Торговые идеи.
Cons
- Низкое качество новостного потока.
- Ограниченные рекомендации аналитиков.
FXOpen
FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.
Education
| Broker | eToro | FXOpen |
|---|---|---|
| Rating | 4.8/5 | 2/5 |
eToro
eToro предлагает широкий набор обучающих материалов, но в основном на английском языке.
Pros
- Широкий спектр обучающих материалов.
- Ежедневный обзор рынка.
- Подробное руководство по финтех-индустрии.
Cons
- Большинство материалов доступны только на английском языке.
FXOpen
FXOpen invests little in trader education, offering only basic articles and a glossary of terms.
Customer Support
| Broker | eToro | FXOpen |
|---|---|---|
| Rating | 2/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
LinkedIn
Twitter
YouTube
Facebook
Telegram
Whatsapp
InstagrameToro
eToro предлагает несколько каналов связи с поддержкой, что является плюсом. Однако отзывы пользователей указывают на отсутствие оперативности и эффективности в работе службы поддержки.
FXOpen
FXOpen offers reliable support, and a variety of communication channels adds flexibility.
Comparisons of eToro and FXOpen with other brokers
Conclusion
FXOpen stands out as the better overall pick, while eToro trails on aggregate criteria.
FXOpen scored 4.3/5 and ranks 29 in our rating; eToro has 3.8/5 and ranks 52.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: eToro or FXOpen?
FXOpen comes out ahead by overall rank (score 4.3/5, position 29) versus eToro (score 3.8/5, position 52).
Which broker is better for beginners: eToro or FXOpen?
FXOpen is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — eToro or FXOpen?
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 eToro and FXOpen?
eToro: eToro. FXOpen: MetaTrader 4, MetaTrader 5, TickTrader, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with eToro and FXOpen?
eToro: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. FXOpen: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by eToro and FXOpen?
eToro: —. FXOpen: STP, ECN, Micro, Crypto. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by eToro and FXOpen?
eToro: PayPal, Neteller, Skrill, Klarna, Rapid Transfer, Sofort, Swift, Visa, Mastercard, Trustly, POLi. FXOpen: WebMoney, Volet, FasaPay, Visa, Mastercard, JCB, Discover. Check method-specific fees/settlement times.
Which broker is safer — eToro or FXOpen — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
