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 | CNMV, CONSOB, FCA, FSC Mauritius, SCB | 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, Proprietary platform, Trading View+ | Proprietary platform |
Average Trading Cost EUR/USD | $10.00 | N/A |
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 | ||
Visit Website | Visit Website Your investment value may change. Capital is at risk. |
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 | ||
Visit Website | Visit Website Your investment value may change. Capital is at risk. |
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 | ||
Visit Website | Visit Website Your investment value may change. Capital is at risk. |
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 | N/A |
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 |
Visit Website | Visit Website Your investment value may change. Capital is at risk. |
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, Italy, Mauritius, Portugal, United Kingdom | Australia, Cyprus, Seychelles, United Kingdom |
Name of the Regulator | CNMV, CONSOB, FCA, FSC Mauritius, SCB | ASIC, CySEC, FCA, FSA |
Regulatory License Number | 434413, 199667 B, 43.050.917/0001-03, 433, 198, GB24203277 | 491139, 109/10, 583263, SD076 |
Regulatory Tier | 4, 1, 1, 1, 4, 2 | N/A |
Visit Website | Visit Website Your investment value may change. Capital is at risk. |
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.
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