afx group
eToro
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Overview
afx group was founded in 2013 and is headquartered in Geneva, while eToro was established in 2007 and is based in Cyprus, UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. afx group serves 14,000,000+ clients worldwide; eToro has 20,000,000+. The minimum deposit is $250 at afx group and $50 at eToro.
afx group
eToro
| Feature | afx group | eToro |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F220 | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2013 | 2007 |
| Country | Geneva | Cyprus, UK |
| Clients | 14,000,000+ | 20,000,000+ |
Fees
Fees are a critical factor when choosing between afx group and eToro, directly affecting your bottom line as a trader. afx group has a lower barrier to entry with a minimum deposit of $250 (vs $50 at eToro). eToro charges withdrawal fees while afx group does not, giving afx group an edge for frequent withdrawers. eToro applies inactivity fees on dormant accounts; afx group does not. Overall, eToro scores higher on fees in our assessment.
| Feature | afx group | eToro |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
afx group offers MT4, MT5, cTrader, while eToro supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. eToro supports social and copy trading features, which afx group does not offer. eToro edges ahead on platform breadth and functionality in our scoring.
| Feature | afx group | eToro |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | web trader, tablet & mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how afx group and eToro compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. eToro scores higher overall in education and research.
| Feature | afx group | eToro |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. afx group accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while eToro supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | afx group | eToro |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both afx group and eToro offer live chat support. Both provide phone support. Email support is available at both brokers. afx group supports 8 languages and eToro supports 5, giving afx group broader global reach. Both brokers are comparable on support quality.
| Feature | afx group | eToro |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, German, Spanish, French, and Italian |