eToro
FXTM
VS
Higher Rated
eToro
Capital at risk · T&Cs apply
When comparing eToro and FXTM, traders will find distinct offerings that cater to different trading needs. eToro, with its industry-leading social and copy trading features, appeals to beginners and those interested in real stock ownership, benefiting from its regulation in major markets like the US, UK, and EU. On the other hand, FXTM is ideal for cost-conscious traders seeking low minimum deposits and advanced trading platforms like MT4 and MT5, although it primarily attracts those outside the US due to its geographic limitations. The key difference lies in eToro's focus on a user-friendly experience and diverse markets, while FXTM offers competitive spreads and higher leverage options.
eToro
FXTM
| eToro | FXTM | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.6/5 |
| Min. Deposit | $50 | $10 ✓ |
| Spread from | 1 pips | 0.1 pips ✓ |
| Max Leverage | 1:30 | 1:2000 ✓ |
| Regulation | FCA, CySEC, ASIC ✓ | FCA, CySEC, FSCA |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5 |
eToro is the better choice overall, scoring 4.0/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FXTM offers lower spreads (0.1 pips).
See full side-by-side comparison beloweToro
WinnerFXTM
eToro
FXTM
Lower fees
eToro
4.0/5
Choose eToro if you want…
FXTM
3.6/5
Choose FXTM if you want…
eToro scores higher overall on our independent rating system. eToro holds a 4.0/5 rating vs FXTM's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
eToro offers spreads from 1 pips, while FXTM starts at 0.1 pips. Check the fees section above for a full breakdown.
eToro requires a minimum deposit of $50. FXTM requires $10.
eToro is regulated by FCA, CySEC, ASIC, SEC, while FXTM holds licences from FCA, CySEC, FSCA.
eToro supports Proprietary Web, Proprietary Mobile. FXTM supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.