eToro
Markets.com
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Overview
eToro was founded in 2007 and is headquartered in Cyprus, UK, while Markets.com was established in 2008 and is based in Cyprus. eToro holds licences including Financial Conduct Authority (FCA), while Markets.com is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. eToro serves 20,000,000+ clients worldwide; Markets.com has 10,000+. The minimum deposit is $50 at eToro and $250 at Markets.com.
eToro
Markets.com
| Feature | eToro | Markets.com |
|---|---|---|
| Min. Deposit | $50 | $250 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) |
| Founded | 2007 | 2008 |
| Country | Cyprus, UK | Cyprus |
| Clients | 20,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between eToro and Markets.com, directly affecting your bottom line as a trader. Markets.com has a lower barrier to entry with a minimum deposit of $250 (vs $50 at eToro). eToro charges withdrawal fees while Markets.com does not, a notable advantage for frequent withdrawers. eToro applies inactivity fees on dormant accounts; Markets.com does not. Overall, eToro scores higher on fees in our assessment.
| Feature | eToro | Markets.com |
|---|---|---|
| Min. Deposit | $50 | $250 |
| 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 Markets.com supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. eToro edges ahead on platform breadth and functionality in our scoring.
| Feature | eToro | Markets.com |
|---|---|---|
| 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, MT5, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how eToro and Markets.com compare. eToro runs regular live webinars; Markets.com does not. Both provide video tutorials. eToro publishes daily market commentary; Markets.com does not. Both integrate third-party research tools. eToro maintains an archive of past webinars for on-demand viewing. eToro scores higher overall in education and research.
| Feature | eToro | Markets.com |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| 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 Markets.com supports 3 (bank transfer, credit/debit card, PayPal). eToro uniquely supports Skrill and Neteller among the two brokers. eToro scores higher on deposit and withdrawal flexibility.
| Feature | eToro | Markets.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both eToro and Markets.com offer live chat support. Both provide phone support. Email support is available at both brokers. eToro supports 5 languages and Markets.com supports 14, giving Markets.com broader global reach. Both brokers are comparable on support quality.
| Feature | eToro | Markets.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Spanish, French, and Italian | Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Norwegian, Polish, Romanian, Russian, Spanish, and Turkish |