{"id":4085,"date":"2023-02-16T07:37:04","date_gmt":"2023-02-16T07:37:04","guid":{"rendered":"https:\/\/www.publicfinanceinternational.org\/?p=4085"},"modified":"2024-03-26T13:36:46","modified_gmt":"2024-03-26T13:36:46","slug":"etoro-vs-forex-com","status":"publish","type":"post","link":"https:\/\/www.publicfinanceinternational.org\/etoro-vs-forex-com\/","title":{"rendered":"eToro vs Forex.com"},"content":{"rendered":"\n

We will compare eToro to Forex.com on this page. This comparison goes over the pros and cons of both Forex.com and eToro.<\/p>\n\n\n\n
Forex.com<\/th>eToro<\/th><\/tr><\/thead>
\"forex.com
Forex.com is a leading forex, metals, gold and silver, indices, shared and commodities trading platform. Forex.com is regulated in the US, UK, and Canada. The parent organization behind forex.com is GAIN Global Markets INC.<\/td>		\"comparison
eToro is a social\/copy trading platform, offering a wide range of markets. They are regulated in top-tier jurisdictions.
Read Full Review<\/a>

Open Account<\/span><\/a><\/div>

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider.<\/strong> You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Your capital is at risk. Other fees apply. For more information, visit etoro.com\/trading\/fees.
eToro USA LLC does not offer CFDs, only real Crypto assets available.<\/td><\/tr>
Year founded:<\/strong><\/td><\/tr>
2006<\/td>2006<\/td><\/tr>
Regulated by:<\/strong><\/td><\/tr>
CFTC, FCA, ASIC,FSA, IIROC, CIMA, SFC, MAS<\/td>FinCEN, FCA, MiFID, CySec, ASIC<\/td><\/tr>
Headquarters:<\/strong><\/td><\/tr>
Bedminster, New Jersey, United States (GAIN Capital)<\/td>London UK, Limassol Cyprus, Sydney Australia, USA<\/td><\/tr>
Is a Bank:<\/strong><\/td><\/tr>
No <\/td>No <\/td><\/tr>
Demo Account:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Minimum Deposit:<\/strong><\/td><\/tr>
$100<\/td>$50 – $10,000<\/td><\/tr>
Minimum Trade:<\/strong><\/td><\/tr>
varies<\/td>$25 – $1,000<\/td><\/tr>
Islamic Account:<\/strong><\/td><\/tr>
No<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Social\/Copy Trading:<\/strong><\/td><\/tr>
No<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Spread Betting:<\/strong><\/td><\/tr>
No<\/td>No <\/td><\/tr>
Excluded countries:<\/strong><\/td><\/tr>
N\/A<\/td>133<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Types of Products And Markets Available<\/h2>\n\n\n\n

When it comes to the financial markets available, eToro is better. eToro offers more markets and real stocks with 0% commission. <\/p>\n\n\n\n

Forex.com only offers CFD trading. It is great for metals and Forex CFD trading, but doesn't offer real stocks like eToro.<\/p>\n\n\n\n

Visit eToro<\/a> – {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider.<\/strong><\/p>\n\n\n\n
Forex.com<\/th>eToro<\/th><\/tr><\/thead>
Markets Available:<\/strong><\/td><\/tr>
Forex, Indices, Stocks, Commodities, Gold and Metals, Cryptocurrency, Oil<\/td>Stocks (real), Commodities (CFD), Indices (CFD), Currencies (CFD), Cryptoassets (real and CFD)<\/td><\/tr>
CFDs <\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f
2386<\/td><\/tr>
Forex Pairs<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f
49<\/td><\/tr>
Stocks<\/strong><\/td><\/tr>
Yes (CFD Only)<\/td>Yes \u2714\ufe0f
2106 <\/td><\/tr>
Cryptocurrencies<\/strong><\/td><\/tr>
Yes (CFD)<\/td>Yes \u2714\ufe0f
16<\/td><\/tr>
Commodities<\/strong><\/td><\/tr>
Yes (CFD)<\/td>Yes \u2714\ufe0f
31<\/td><\/tr>
ETFs<\/strong><\/td><\/tr>
Yes<\/td>No<\/td><\/tr>
Options<\/strong><\/td><\/tr>
No<\/td>No \u274c<\/td><\/tr>
EFPs<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Mutual Funds<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Robo Portfolios<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Trading Platforms<\/h2>\n\n\n\n

Forex.com offers a Web, Mobile and Desktop platform. Their Web Trader is great and highly customizable. They also offer the popular MetaTrader 4 integration and a good mobile trading app.<\/p>\n\n\n\n

eToro's platform is well thought out and will suffice most traders needs. Their mobile app is great for beginner to intermediate traders. <\/p>\n\n\n\n

eToro is better for intermediate investors, while Forex.com is better for advanced Forex traders.<\/p>\n\n\n\n

Visit eToro<\/a> here –  {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider<\/strong><\/p>\n\n\n\n
Forex.com<\/th>eToro<\/th><\/tr><\/thead>
Proprietary Platform:<\/strong><\/td><\/tr>
Yes<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Desktop Platform:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>No \u274c<\/td><\/tr>
Mobile App:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f
iOS, Android<\/td>		Yes \u2714\ufe0f
iOS, Android<\/td><\/tr>
Web Trading Platform:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
MetaTrader:<\/strong><\/td><\/tr>
Yes<\/td>No<\/td><\/tr>
cTrader:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Mirror Trader:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Zulu Trade:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Dupli Trade:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Fees<\/h2>\n\n\n\n

eToro offers 0% commissions on real stocks, however has high Forex fees. Forex.com has low Forex fees, no withdrawal fees, low stock index CFD fees, but falls short on stock CFD fees and inactivity fees.<\/p>\n\n\n\n

Overall we pick eToro compared to Forex.com.<\/p>\n\n\n\n
Forex.com<\/th>eToro<\/th><\/tr><\/thead>
Trading Fees:<\/strong><\/td><\/tr>
Yes
Varies<\/td>		Yes
0% Commission on stocks
Spread Varies<\/td><\/tr>
Deposit Fees:<\/strong><\/td><\/tr>
No <\/td>No <\/td><\/tr>
Withdrawal Fees:<\/strong><\/td><\/tr>
$0<\/td>$5 (Bank Transfer)
$5 (Credit Cards, eWallets)<\/td><\/tr>
Overnight Funding:<\/strong><\/td><\/tr>
Yes<\/td>Yes <\/td><\/tr>
Inactivity Fee:<\/strong><\/td><\/tr>
Yes*
\u20ac15
*after 1 year of no trading activity<\/td>		Yes
$10\/month<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Customer Support<\/h2>\n\n\n\n

Customer support is better at Forex.com than eToro. They offer phone and live chat 24\/5 support, but their email response time is slow. This makes better than eToro that is known to have slow customer service.<\/p>\n\n\n\n
Forex.com<\/th>eToro<\/th><\/tr><\/thead>
eMail:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Online Chat:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Phone Support:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>No<\/td><\/tr>
Languages:<\/strong><\/td><\/tr>
Multiple<\/td>15<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Account Funding<\/h2>\n\n\n\n

Account funding is good at both brokers, however eToro has more deposit options. Forex.com has a $100 minimum deposit while eToro initial deposit depends on the account type you pick. <\/p>\n\n\n\n
Forex.com<\/th>eToro<\/th><\/tr><\/thead>
Deposit Methods:<\/strong><\/td><\/tr>
Credit Cards, Wire Transfer<\/td>Visa, MasterCard, Skrill, Neteller<\/td><\/tr>
Deposit Fee:<\/strong><\/td><\/tr>
No<\/td>No <\/td><\/tr>
Minimum Deposit:<\/strong><\/td><\/tr>
$100<\/td>$50 – $10,000<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Education<\/h2>\n\n\n\n

Forex.com has quality educational videos, educational articles, a demo account, platforms tutorials, but no webinars. eToro has just basic educational videos available, so Forex.com is the better option.<\/p>\n\n\n\n
Forex.com<\/th>eToro<\/th><\/tr><\/thead>
Video Tutorials:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Webinars:<\/strong><\/td><\/tr>
No<\/td>Yes \u2714\ufe0f<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Verdict<\/h2>\n\n\n\n

Is eToro better than Forex.com? <\/p>\n\n\n\n

We found that eToro is better than Forex.com. eToro offers a better trading experience overall. Forex.com is better for Forex Trading, while eToro is the better broker overall.<\/p>\n\n\n\n

Read more eToro Comparisons:<\/p>\n\n\n\n