easyMarkets
eToro
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Overview
easyMarkets was founded in 2003 and is headquartered in Cyprus, Australia, while eToro was established in 2007 and is based in Cyprus, UK. easyMarkets holds licences including Cyprus Securities and Exchange Commission (CySEC), while eToro is regulated by Financial Conduct Authority (FCA) among others. easyMarkets serves 142,500+ clients worldwide; eToro has 20,000,000+. The minimum deposit is $100 at easyMarkets and $50 at eToro.
easyMarkets
eToro
| Feature | easyMarkets | eToro |
|---|---|---|
| Min. Deposit | $100 | $50 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2003 | 2007 |
| Country | Cyprus, Australia | Cyprus, UK |
| Clients | 142,500+ | 20,000,000+ |
Fees
Fees are a critical factor when choosing between easyMarkets and eToro, directly affecting your bottom line as a trader. easyMarkets has a lower barrier to entry with a minimum deposit of $100 (vs $50 at eToro). eToro charges withdrawal fees while easyMarkets does not, giving easyMarkets an edge for frequent withdrawers. eToro applies inactivity fees on dormant accounts; easyMarkets does not. Overall, eToro scores higher on fees in our assessment.
| Feature | easyMarkets | eToro |
|---|---|---|
| Min. Deposit | $100 | $50 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
easyMarkets offers MT4, MT5, cTrader, a proprietary platform, while eToro supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | easyMarkets | 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, Web Trader, 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 easyMarkets 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. The two brokers are evenly matched on educational content.
| Feature | easyMarkets | eToro |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. easyMarkets accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while eToro supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). eToro uniquely supports PayPal among the two brokers. eToro scores higher on deposit and withdrawal flexibility.
| Feature | easyMarkets | eToro |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | 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 easyMarkets and eToro offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 5 languages. Both brokers are comparable on support quality.
| Feature | easyMarkets | eToro |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Arabic, Chinese, Spanish and Polish | English, German, Spanish, French, and Italian |