eToro vs Headway Comparison
Compare trading conditions, commissions and platforms of Forex brokers eToro and Headway. Find out which broker is best for you.
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 Headway?
Our pick: Headway
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Headway looks preferable to eToro.
Headway scored 4.4/5 and ranks 20 in our all Forex brokers list, whereas eToro has 3.8/5 and ranks 61.
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 Headway suitable for?
Headway is suitable for beginners and retail traders who value a low entry threshold, tight spreads, Copytrade, and access to Forex, stocks, and cryptocurrencies.
Comparison Table of eToro and Headway
| Broker | eToro | Headway |
|---|---|---|
| Rating | 3.8/5 | 4.4/5 |
| Foundation Year | 2006 | 2021 |
| Regulated in Countries | Seychelles, United Kingdom, Cyprus, Australia, United States | South Africa |
| Minimum Deposit |
|
|
| Spread | from 1 points | from 0 points |
| Max Leverage | 1:30 | 1:2000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | eToro Review | Headway 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:
Headway Review
Headway is a broker with accessible starting conditions, a low minimum deposit, competitive fees, and a fairly wide range of instruments. Its strengths include a Cent account from $1, tight spreads, low commission on the Pro account, support for MT4/MT5, the availability of Copytrade, and convenient ways to deposit and withdraw funds. At the same time, the broker still lags behind larger competitors in the strength of regulation, depth of analytics, and overall reputation, since it is a young company with an FSCA license.
Headway is best suited for beginner traders who need a low entry threshold, as well as retail traders looking for low-cost trading in Forex, stocks, and cryptocurrencies. The broker may also be interesting for those who want to use copy trading or start with a small amount of capital. However, traders who prioritize the strongest possible regulation, advanced analytics, and the widest possible product lineup may find Headway less suitable.
Pros and Cons of Headway
Pros
- Low entry threshold: a Cent account is available with a deposit from $1.
- Tight spreads and low trading commissions.
- Cent, Standard, and Pro accounts are available, as well as a demo account and an Islamic account.
- Wide range of instruments, especially stocks, cryptocurrencies, and Forex.
- Many deposit and withdrawal methods with no broker-side fees.
Cons
- Regulation is limited to an FSCA license, with no Tier-1 jurisdictions.
- A young company with a relatively short operating history.
- Analytics and education are only at a basic level.
- According to reviews, the quality of customer support is not always consistent.
Reliability
| Broker | eToro | Headway |
|---|---|---|
| Reliability | 5/5 | 4/5 |
| Foundation Year | 2006 | 2021 |
| Regulated in Countries | Seychelles, United Kingdom, Cyprus, Australia, United States | South Africa |
| Regulators |
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).
Headway
Headway is a moderately reliable broker with an FSCA license, but in terms of regulatory strength and reputation it lags behind companies with Tier-1 licenses and a longer operating history.
Pros
- Has an active FSCA license
- The legal entity is clearly disclosed
Cons
- No strong Tier-1 regulation
- A young company without a long track record
Account Opening
| Broker | eToro | Headway |
|---|---|---|
| Account Opening | 4/5 | 5/5 |
| Minimum Deposit |
|
|
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.
Headway
Opening an account with Headway is convenient and fairly fast. The registration procedure is simple, the interface is clear, and the overall process meets the expectations of most modern traders.
Pros
- Simple registration
- User-friendly interface
- Quick start
Account Types
| Broker | eToro | Headway |
|---|---|---|
| Account Types | 2.8/5 | 5/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 1 points | from 0 points |
| Max Leverage | 1:30 | 1:2000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| 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.
Headway
Headway offers a fairly diverse range of accounts that suits beginners, retail traders, and more experienced users.
Pros
- Cent, Standard, and Pro are available
- A demo account is available
- Copytrade and an Islamic account are available
Commissions
| Broker | eToro | Headway |
|---|---|---|
| Commissions | 3.5/5 | 4.5/5 |
| Spread | from 1 points | from 0 points |
| Average Spread (EURUSD) | 0.8 | |
| Commission | per 1 lot$1.50 |
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.
Headway
Headway's fees are low: the broker offers tight spreads, very low commission on the Pro account, and fee-free withdrawals, although swaps remain average for the market.
Pros
- Tight spreads
- Low commission on Pro
- No withdrawal fee
Cons
- Swaps are average for the market
Deposit and Withdrawal
| Broker | eToro | Headway |
|---|---|---|
| Rating | 3.5/5 | 4.5/5 |
| Account Funding Methods |
|
|
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.
Headway
Deposits and withdrawals at Headway are well organized: many payment methods are available, the broker does not charge fees, and transactions are processed fairly quickly.
Pros
- Wide selection of methods
- No broker fees
- Fast processing of transactions
Cons
- The set of methods depends on the country
- A verified account is required for cards
- External network/payment-system fees may apply
Markets and Products
| Broker | eToro | Headway |
|---|---|---|
| Markets and Products | 4.5/5 | 4.5/5 |
| Forex | 47 | 56 |
| Precious Metals | 7 | 3 |
| Energy Carriers | 2 | 3 |
| Soft Commodities | 4 | - |
| Indices | 13 | 32 |
| Stocks | 2500 | 292 |
| ETF | 250 | - |
| Cryptocurrency | 112 | 58 |
eToro
eToro предлагает доступ к широкому спектру финансовых инструментов, включая акции, ETF, форекс, CFD и криптовалюты, но не обеспечивает полную прозрачность для некоторых операций.
Headway
Headway offers a fairly wide range of markets and instruments, especially stocks, cryptocurrencies, and Forex. However, the lineup is not fully comprehensive: the broker does not provide CFDs on soft commodities.
Pros
- Wide selection of stocks
- Many cryptocurrencies
- Synthetic instruments are available
Cons
- No CFDs on soft commodities
- Limited metals and energy instruments
Trading Platforms
| Broker | eToro | Headway |
|---|---|---|
| Rating | 3.5/5 | 4.5/5 |
| Trading Platforms |
|
|
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.
Headway
Headway offers a convenient and functional set of platforms based on MT4 and MT5, complemented by web versions and its own mobile app. The selection is solid, though it lacks some niche professional alternatives.
Pros
- MetaTrader 4 and 5 are available
- Web versions are available
- There is a mobile app
Cons
- No cTrader or TradingView
Analytics
| Broker | eToro | Headway |
|---|---|---|
| Rating | 4/5 | 3.5/5 |
eToro
Брокер предлагает удобные инструменты технического анализа и торговые идеи.
Pros
- Интерактивный график.
- Торговые идеи.
Cons
- Низкое качество новостного потока.
- Ограниченные рекомендации аналитиков.
Headway
Headway's analytics are basic: an economic calendar, news, and a blog are available, but it lacks expert forecasts, signals, and additional tools for full analytical support.
Pros
- An economic calendar is available
- News and a blog are available
Cons
- Little expert analysis
- No trading signals
- No Autochartist or calculators
Education
| Broker | eToro | Headway |
|---|---|---|
| Rating | 4.8/5 | 3.5/5 |
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.
Headway
Headway's education is primarily suited to beginners: there is a basic course and a blog, but in depth and variety the section falls short of brokers with a more developed educational ecosystem.
Pros
- A beginners' course is available
- Supplemented by the blog
Cons
- Few learning formats
- No webinars or video tutorials
- Materials are basic
Customer Support
| Broker | eToro | Headway |
|---|---|---|
| Rating | 2/5 | 4/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media |
LinkedIn
Twitter
YouTube
Instagram
Facebook
Telegram
TikTokeToro
eToro предлагает несколько каналов связи с поддержкой, что является плюсом. Однако отзывы пользователей указывают на отсутствие оперативности и эффективности в работе службы поддержки.
Headway
Headway's customer support looks accessible and convenient: there are many contact channels and support operates 24/7, but according to reviews, service quality is not always consistent.
Pros
- Many contact channels
- Online chat available
- 24/7 support
Cons
- Mixed customer reviews
- Response quality is not always consistent
- Not all issues are resolved equally quickly
Comparisons of eToro and Headway with other brokers
Conclusion
Headway stands out as the better overall pick, while eToro trails on aggregate criteria.
Headway scored 4.4/5 and ranks 20 in our rating; eToro has 3.8/5 and ranks 61.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: eToro or Headway?
Headway comes out ahead by overall rank (score 4.4/5, position 20) versus eToro (score 3.8/5, position 61).
Which broker is better for beginners: eToro or Headway?
Headway 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 Headway?
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 Headway?
eToro: eToro. Headway: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with eToro and Headway?
eToro: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. Headway: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by eToro and Headway?
eToro: —. Headway: Cent, Standard, Pro. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by eToro and Headway?
eToro: PayPal, Neteller, Skrill, Klarna, Rapid Transfer, Sofort, Swift, Visa, Mastercard, Trustly, POLi. Headway: Online wallets, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — eToro or Headway — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
