eToro
ETX Capital
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Overview
eToro was founded in 2007 and is headquartered in Cyprus, UK, while ETX Capital was established in 2002 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. eToro serves 20,000,000+ clients worldwide; ETX Capital has 10,000+. The minimum deposit is $50 at eToro and $100 at ETX Capital.
eToro
ETX Capital
| Feature | eToro | ETX Capital |
|---|---|---|
| Min. Deposit | $50 | $100 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA) |
| Founded | 2007 | 2002 |
| Country | Cyprus, UK | UK |
| Clients | 20,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between eToro and ETX Capital, directly affecting your bottom line as a trader. ETX Capital has a lower barrier to entry with a minimum deposit of $100 (vs $50 at eToro). eToro charges withdrawal fees while ETX Capital does not, a notable advantage for frequent withdrawers. eToro applies inactivity fees on dormant accounts; ETX Capital does not. Overall, eToro scores higher on fees in our assessment.
| Feature | eToro | ETX Capital |
|---|---|---|
| Min. Deposit | $50 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
eToro offers MT4, MT5, cTrader, a proprietary platform, while ETX Capital supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. eToro supports social and copy trading features, which ETX Capital does not offer. eToro edges ahead on platform breadth and functionality in our scoring.
| Feature | eToro | ETX Capital |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | web trader, tablet & mobile apps | MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how eToro and ETX Capital 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 | eToro | ETX Capital |
|---|---|---|
| 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. eToro accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while ETX Capital supports 3 (bank transfer, credit/debit card, Neteller). eToro uniquely supports PayPal and Skrill among the two brokers. eToro scores higher on deposit and withdrawal flexibility.
| Feature | eToro | ETX Capital |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| 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 eToro and ETX Capital offer live chat support. Both provide phone support. Email support is available at both brokers. eToro supports 5 languages and ETX Capital supports 7, giving ETX Capital broader global reach. Both brokers are comparable on support quality.
| Feature | eToro | ETX Capital |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Spanish, French, and Italian | English, French, Spanish, German, Polish, Czech, Greek and Mandarin |