eToro vs GMG Markets Comparison

Last updated May 30, 2025
eToro LogoeToro
3.8/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
VS
GMG Markets LogoGMG Markets
3.9/5
RegisterTrading CFDs carries high risks. You may lose all invested funds

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

Comparison Table of eToro and GMG Markets

BrokereToroGMG Markets
Rating
3.8/5
3.9/5
Foundation Year20062015
Regulated in CountriesSeychelles, United Kingdom, Cyprus, Australia, United StatesUnited Kingdom
Minimum Deposit
  • 200 USD
  • 200 USD
Spreadfrom 1 pointsfrom 0 points
Max Leverage1:301:30
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
Trading Platforms
  • eToro
  • MetaTrader 5
RevieweToro Review GMG Markets Review

eToro may be suitable for beginners looking for a simple platform and interested in copying the trades of successful traders.

GMG Markets suits active Forex traders and scalpers who value FCA regulation, MT5, and low spreads; however, it may feel restrictive for investors and stock enthusiasts.

eToro Review

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

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:

GMG Markets Review

GMG Markets Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices
Trading Platforms
MetaTrader 5
compare GMG Markets trading accounts

GMG Markets is a niche broker primarily designed for active FX traders, scalpers, and algorithmic traders who only need two well-optimized accounts. The MT5 platform provides a comprehensive toolkit for both manual and automated trading, Autochartist supplements basic technical analysis, and 24/5 support responds swiftly and effectively.

This broker is ideal for those who appreciate transparent fees, swift fund withdrawals, and FCA regulation but do not require an extensive product lineup or copy trading services. Novice traders can test the live markets and undergo basic training via webinars, whereas professionals can access leverage up to 1:100 under Pro status. Investors, diversification enthusiasts, or those needing a multitude of platforms and services might be better served by more versatile providers.

Pros and Cons of GMG Markets

Pros

  1. Robust regulation — FCA license, segregated accounts, FSCS protection.
  2. Transparent fee structure — Standard account with zero commission, Raw account with zero spreads and fixed fee.
  3. MT5 + Autochartist — comprehensive desktop, web, and mobile platforms, algorithm support, integrated chart pattern scanner.
  4. VPS hosting — complimentary with required monthly turnover.
  5. 24/5 tech support — chat, phone, and e-mail typically respond within minutes.

Cons

  1. Limited instrument selection — only Forex, a few indices, and commodities.
  2. Single platform offering — no MT4, cTrader, TradingView, or proprietary web terminal.
  3. Minimum deposit of $200 — higher than brokers offering cent/micro accounts.
  4. No e-wallets or cryptocurrencies available for transactions.
  5. Investor services are lacking — no copy trading, PAMM, contests, or comprehensive fundamental analysis.

Reliability

BrokereToroGMG Markets
Reliability
5/5
5/5
Foundation Year20062015
Regulated in CountriesSeychelles, United Kingdom, Cyprus, Australia, United StatesUnited Kingdom
Regulators

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).

GMG Markets

Since 2016 under FCA oversight, GMG Markets holds client funds in segregated accounts and qualifies for FSCS protection.

Pros

  1. FCA License — Tier-1 regulator
  2. Funds segregation + FSCS compensation up to £85,000
  3. STP/NDD model without dealer intervention

Cons

  1. Single jurisdiction (FCA), no additional licenses

Account Opening

BrokereToroGMG Markets
Account Opening
4/5
4.5/5
Minimum Deposit
  • 200 USD
  • 200 USD

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.

GMG Markets

GMG Markets onboarding is quick and efficient: registration takes 5–7 minutes, with verification under 1 business day. However, a $200 deposit and extensive KYC may deter beginners.

Pros

  1. Online registration in 5–7 minutes
  2. Document verification within 1 day

Cons

  1. Minimum deposit of $200
  2. Detailed KYC form

Account Types

BrokereToroGMG Markets
Account Types
2.8/5
3.8/5
Trading Accounts
  • Standard
  • RAW Spread
Minimum Deposit
  • 200 USD
  • 200 USD
Spreadfrom 1 pointsfrom 0 points
Max Leverage1:301:30
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
Trading Platforms
  • eToro
  • MetaTrader 5
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

  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.

GMG Markets

Only two main accounts — Standard and Raw Spread — cater to basic requirements, but the absence of cent or fixed-spread accounts, copy trading, PAMM, and contest services limits variety.

Pros

  1. Commission-free Standard, and zero-spread Raw account
  2. Islamic account and spread-betting options for niche segments
  3. Complimentary VPS with required turnover

Cons

  1. No cent/fixed-spread account
  2. Lack of copy trading, PAMM, contests

Commissions

BrokereToroGMG Markets
Commissions
3.5/5
3.5/5
Spreadfrom 1 pointsfrom 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

  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.

GMG Markets

GMG Markets offers a transparent fee structure: one account includes all charges within the spread, while another charges a small fee with a minimal spread. Deposits and withdrawals are free, no inactivity fee is applied, though swaps are slightly above average.

Pros

  1. No inactivity fees
  2. Free deposits and withdrawals

Cons

  1. Swaps are above average

Deposit and Withdrawal

BrokereToroGMG Markets
Rating
3.5/5
4/5
Account Funding Methods
  • PayPal
  • Neteller
  • Skrill
  • Klarna
  • Rapid Transfer
  • Sofort
  • Swift
  • Visa
  • Mastercard
  • Trustly
  • POLi
  • Bank Transfer
  • Visa
  • Mastercard

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.

GMG Markets

Card and bank transfers are swift and fee-free, but the absence of e-wallets and cryptocurrencies limits options.

Pros

  1. Commission-free transactions
  2. Instant card funding

Cons

  1. No e-wallets
  2. No cryptocurrencies

Markets and Products

BrokereToroGMG Markets
Markets and Products
4.5/5
2.5/5
Forex4764
Precious Metals713
Energy Carriers23
Soft Commodities4-
Indices1317
Stocks2500-
ETF250-
Cryptocurrency112-

eToro

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

GMG Markets

The instrument range is limited: primarily currency pairs, indices, and commodities; with no stocks, cryptocurrencies, or a broad commodity selection, diversification falls short compared to competitors.

Pros

  1. 64 currency pairs
  2. Major indices and metals

Cons

  1. No CFDs on stocks
  2. No cryptocurrencies
  3. Limited commodity selection

Trading Platforms

BrokereToroGMG Markets
Rating
3.5/5
3.5/5
Trading Platforms
  • eToro
  • MetaTrader 5

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.

GMG Markets

The sole available platform, MT5, offers rich functionality, but the lack of alternatives reduces flexibility.

Pros

  1. Fully featured MT5
  2. Desktop, web, and mobile applications

Cons

  1. No MT4, cTrader, TradingView
  2. Essentially a single platform option

Analytics

BrokereToroGMG Markets
Rating
4/5
3/5

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.

GMG Markets

Autochartist and a daily news feed provide basic analysis, but the lack of proprietary research and in-depth fundamental analysis diminishes overall utility.

Pros

  1. Complimentary Autochartist
  2. Market news

Cons

  1. No proprietary research
  2. Weak fundamental analysis

Education

BrokereToroGMG Markets
Rating
4.8/5
4/5

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.

GMG Markets

The foundational materials (webinars, articles, videos) are sufficient for beginners, but for in-depth learning and advanced coursework, external resources may be needed.

Pros

  1. Regular free webinars
  2. Novice-oriented article base
  3. Recordings available 24/7

Cons

  1. No advanced courses
  2. No podcasts or multilingual programs

Customer Support

BrokereToroGMG Markets
Rating
2/5
4.5/5
Email Support
  • customerservice@etoro.com
  • info@gmgmarkets.co.uk
Hotline Phones
  • 1800778439
  • +4402038653306
Social Media

eToro

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

GMG Markets

The broker provides 24/5 support via chat, phone, and e-mail, with responses typically within minutes.

Pros

  1. Online chat and phone support 24/5
  2. Rapid response
  3. Competent representatives

Cons

  1. No weekend support
  2. Delays during peak demand

Comparisons of eToro and GMG Markets with other brokers

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.