eToro versus ActivTrades
The seven-plugin update for MT4/MT5 at ActivTrades provides traders with a competitive edge. The cutting-edge proprietary trading platform at ActivTrades features market sentiment, hedging, and quality trading charts. Advanced algorithmic traders can connect to the superb ActivTrades technology infrastructure via API, and ActivTrades also has a dedicated institutional division.
eToro caters to 25M+ active traders, primarily via its CopyTrader, CopyPortfolios, and in-house managed thematic investment portfolios. It is a leader in social trading and home to one of the most active trading communities. The eToro Academy, eToro Plus, and the Bull Club provide beginners with a high-quality educational portal. The eToro club rewards active traders.
We have conducted an in-depth review of ActivTrades and eToro to determine which presents the better overall choice and which traders will benefit the most at either broker.
- Features and Platforms
- Available Markets
- Typical Spreads and Fees
- Security and Trust
- eToro versus ActivTrades - Verdict
 |  | |
Headquarters | United Kingdom | Israel |
Regulators | N/A | ASIC, CySEC, FCA, FSA |
Tier 1 Regulator(s)? | ||
Owned by Public Company? | ||
Year Established | 2001 | 2007 |
Execution Type(s) | Market Maker | Market Maker |
Minimum Deposit | $0 | $50 - $10,000 |
Negative Balance Protection | ||
Trading Platform(s) | Other, MetaTrader 4, MetaTrader 5, Trading View+ | Proprietary platform |
Average Trading Cost EUR/USD | $10.00 | 1.0 pips |
Average Trading Cost GBP/USD | $14.00 | 2.2 pips |
Average Trading Cost WTI Crude Oil | $0.06 | $0.05 |
Average Trading Cost Gold | $42.00 | $0.45 |
Retail Loss Rate | 83.00% | 74% |
Minimum Raw Spreads | Not applicable | 0.8 pips |
Minimum Standard Spreads | 0.5 pips | 1.3 pips |
Minimum Commission for Forex | Commission-free | $0.00 |
Islamic Account | ||
Signals | ||
US Persons Accepted? | ||
Managed Accounts | ||
| Get Started | Get Started |
Features & Platform
| | |
MT4 | ||
MT5 | ||
MT4/MT5 Add-Ons | N/A | |
cTrader | ||
Proprietary Platform | ||
Automated Trading | ||
Social/Copy Trading | N/A | |
DOM? | ||
Guaranteed Stop Loss | ||
Scalping | ||
Hedging | ||
One-Click Trading | ||
OCO Orders | ||
Interest on Margin | ||
| Get Started | Get Started |
ActivTrades provides one-on-one training sessions, while eToro continues its expansion into the cryptocurrency sector with the launch of an NFT fund.
Available Markets
| | |
Currency Pairs | N/A | |
Cryptocurrencies | N/A | |
Commodities | ||
Crude Oil | ||
Gold | ||
Metals | ||
Equity Indices | ||
Stocks (non-CFDs) | N/A | |
Bonds | N/A | |
ETFs | ||
Options | ||
Futures | ||
Synthetics | ||
| Get Started | Get Started |
Both brokers maintain a balanced choice of trading instruments, where ActivTrades lists 1,000+ assets versus 3,300+ at eToro. The currency selection is average at both, but eToro provides a broad choice of cryptocurrencies. eToro also takes the lead with its equity and ETFs asset selection and provides direct share dealing for long-term investors.
Typical Spreads and Fees
| | |
Average Trading Cost EUR/USD | $10.00 | 1.0 pips |
Average Trading Cost GBP/USD | $14.00 | 2.2 pips |
Average Trading Cost WTI Crude Oil | $0.06 | $0.05 |
Average Trading Cost Gold | $42.00 | $0.45 |
Average Trading Cost Bitcoin | $101.00 | $574 |
Minimum Raw Spreads | Not applicable | 0.8 pips |
Minimum Standard Spreads | 0.5 pips | 1.3 pips |
Minimum Commission for Forex | Commission-free | $0.00 |
Deposit Fee | N/A | |
Withdrawal Fee | N/A | |
Inactivity Fee | N/A | $10 monthly after 12 monthd |
| Get Started | Get Started |
ActivTrades and eToro maintain a commission-free Forex cost structure, where the former shows minimum costs of $5.00 per lot versus 10.00 at the latter. Unleveraged buy-only equity trading remains commission-free at eToro, while CFD trading costs are 10% cheaper than ActivTrades, where high-volume traders can lower fees via a rebate program.
Security and Trust
| | |
Country of the Regulator | Brazil, The Bahamas, Luxembourg, Portugal, United Kingdom | Australia, Cyprus, Seychelles, United Kingdom |
Name of the Regulator | N/A | ASIC, CySEC, FCA, FSA |
Regulatory License Number | 434413, 199667 B, 433, undisclosed, undisclosed | 491139, 109/10, 583263, SD076 |
Regulatory Tier | 1, 4, 1, 1, 2 | N/A |
| Get Started | Get Started |
ActivTrades
| Country of the Regulator | Name of the Regulator | License Number |
UK | Financial Conduct Authority | 434413 |
Bahamas | Securities Commission of The Bahamas | 199667 B |
Luxembourg | Commission de Surveillance du Secteur Financier | B232167 |
Italy | Commissione Nazionale per le Società e la Borsa | 198 |
Bulgaria | Financial Supervision Commission | Undisclosed |
eToro
| Country of the Regulator | Name of the Regulator | License Number |
US | US Securities and Exchange Commission (SEC) | Undisclosed |
Cyprus | Cyprus Securities Exchange Commission | 109/10 |
UK | Financial Conduct Authority | 583263 |
Australia | Australian Securities and Investments Commission | 491139 |
Seychelles | Financial Services Authority | SD076 |
Both brokers offer traders negative balance protection, segregate client deposits from corporate funds, and provide $1,000,000 in third-party insurance protection. ActivTrades and eToro are well regulated and fully compliant with their five regulators. Security and trust at bother brokers are good, and ActivTrades and eToro earned a reliable reputation.
eToro vs ActivTrades – Verdict
ActivTrades
| Pros | Cons |
| Upgraded MT4/MT5 trading platforms and a cutting-edge proprietary alternative | Limited choice of cryptocurrencies |
| Excellent order execution due to superior technology infrastructure | |
| Outstanding educational resources for beginners | |
| Interest payments on free margin and volume-based cash rebate program |
eToro
| Pros | Cons |
| Copy-trading with a community numbering almost 25 million traders | Higher minimum deposit requirement but within a reasonable range |
| User-friendly web-based trading platform and mobile app | |
| Quality educational offering for beginner traders via videos | |
| Balanced asset selection with a focus on equity CFDs and ETFs |
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Algorithmic trading is unavailable at eToro, where ActivTrades maintains an excellent environment consisting of highly competitive trading costs, deep liquidity, superior order execution, high leverage, and upgraded trading platforms. However, eToro is an overall better choice of broker amid its social and copy trading services, broader selection of trading instruments, and better educational resources for beginners.
You might also be interested in reviewing the below broker comparisons:
- eToro vs Trading212
- eToro vs ZuluTrade
- eToro vs Fidelity
- ActivTrades vs XTB
- ActivTrades vs Admirals
- ActivTrades vs IC Markets
FAQs
Which broker is better than eToro?
It depends on individual trader requirements, what might be most notable in such a calculation is that eToro does not support algorithmic trading, scalpers, and high-frequency strategies.
is eToro copy trading profitable?
While eToro copy trading can yield profits, 75%+ of retail traders incur losses, and many traders copy losing traders at eToro.
Can I trade Forex with eToro?
Yes, eToro provides a selection of currency pairs for Forex traders.
How much does eToro charge to withdraw?
eToro levies an internal $5 fee plus third-party payment processor costs.
Is eToro good for long-term investment?
eToro offers commission-free, unleveraged, direct share investments, making it a viable choice for long-term investments.
Can I use eToro in the UK?
eToro is available in the UK and caters to UK traders from its UK subsidiary, authorized and regulated by the FCA.
Is ActivTrades regulated?
ActivTrades complies with five regulators and maintains a clean regulatory and operational record.
Is ActivTrades an ECN?
No, ActivTrades is a market maker and not an ECN broker.
Who owns ActivTrades?
ActivTrades is a private company, and the ownership structure is private. Alex Pusco is the founder and Chairman of the Board of Directors.