eToro Visit

68% of retail CFD accounts lose money

Vs.

AvaTrade Visit

71% of retail CFD accounts lose money.

eToro Vs. AvaTrade - Compare and Choose the Right One

Updated Oct 21 2021

Visit

68% of retail CFD accounts lose money

Visit

71% of retail CFD accounts lose money

Overview

eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.

AvaTrade is a top-tier multinational broker with more than 7 financial regulators specialising in FX and options trading with their own proprietary platforms.

Best For
  • New traders looking to use the copy trading feature
  • Experienced traders looking to monetise their skills by gaining followers
  • Passive investors looking to buy and hold shares with no commissions
  • New traders looking for a more advanced forex and options platform
  • Experienced traders looking to take advantage of their fixed spreads
  • Experienced traders looking to trade FX options
Trust
Our signature verification badge. This broker is safe to use.
Our signature verification badge. This broker is safe to use.
The Good
  • Social and Copy trading capabilities
  • Trading real shares and cryptocurrencies
  • AvaProtect feature for negative trades payback
  • Great variety of platforms (proprietary ones, MT4 & MT5)
  • Smooth platform experiences and easy account management
  • Custom Options trading platform
The Bad
  • Copy Trading statistics are not clear enough
  • Lack of advanced order placement controls
  • Lack of variety in stocks, ETFs and bonds
  • Expensive inactivity fees
  • No multi-chart tools
  • High trade minimums in all assets except forex
Status
Operational Operational
Recent News
N/A N/A
Key Data
Account Opening Time
1 day minimum (may take longer) 1 day
Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

Financial Regulators
Cyprus Securities and Exchange Commission
Financial Conduct Authority
Australian Securities and Investments Commission
Financial Services Authority Seychelles
Central Bank of Ireland
Financial Futures Association of Japan
Australian Securities and Investments Commission
Investment Industry Regulatory Organization of Canada
Cyprus Securities and Exchange Commission
South African Financial Sector Conduct Authority
ADGM Financial Services Regulatory Authority
Israel Securities authority
Year Founded
2007 2006
Minimum Deposit
$50 up to 200 $, €, £ - 100
Payment Methods
Visa
Mastercard
Bank Transfer
Sofort
Neteller
Paypal
Skrill
Visa
Mastercard
Bank Transfer
Paypal
Account Base Currencies
1 - USD 4 - USD, GBP, EUR, CHF.
Available to U.S Citizens
Only for crypto Trading No
Restricted Countries
AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM US, BE, IR.
STP Account
Yes No
DMA Account
No No
ECN Account
Yes No
Assets
Available Assets
Stocks
Cryptos
Commodities
Currencies
ETFs
Indices
CFDs
Stocks
Cryptos
Commodities
Currencies
ETFs
Indices
Bonds
Options
CFDs
Stocks
2000+ 626
Currency Pairs
47 55
Commodities
14 27
Indices
13 33
ETFs
145 59
Cryptocurrencies
26 17
Bonds
N/A 2
Options
N/A 44
Futures
N/A N/A
Notes:
Real stocks are offered without leverage, all the rest of the assets are CFDs. Most of AvaTrade's assets are CFDs.
Trading Experience
Minimum Stock Trade Size
$50 Depends on Stock price, from 1 to 10 or 100 units.
Minimum ETFs Trade Size
$50 Depends on ETF price, from 1 to 10 or 100 units.
Minimum Crypto Trade Size
$25 Depends on cryptocurrency, for BTC 0.01, for ETH 0.1 units.
Minimum FX Trade Size
$1,000 $1,000
Minimum Commodities Trade Size
$1,000 Varies by Commoditty (Eg: 1 Troy ounce of Gold)
Minimum Bonds Trade Size
N/A 10 Bond contracts
Minimum Futures Trade Size
N/A N/A
Minimum Options Trade Size
N/A 10,000 FX Option contracts
Retail Leverage
Up to 1:30 Up to 1:30
Professional Leverage
Varies Up to 1:500
Customisable Leverage
No No
Deleveraged Trading
Yes No
Demo Account
Yes Yes
IOS App
Yes Yes
Android App
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
Web trader
Yes Yes
TradingView Platform
No No
Propietary Platform
Yes Yes
Multi-chart Tools
Yes No
Copy Trading
Yes No
Social Trading
Yes No
Guaranteed Stop-loss
No No
Trailing Stop-loss
Yes No
Fees
Inactivity Fee
After 12 months of inactivity, a $10 monthly inactivity fee will be charged. Yes, $50 per quarter after 3 months of inactivity.
Deposit Fees
No No
Withdrawal Fees
$5 No
Commissions
No No
Spreads
EUR/USD
1 Pip 0.9 Pips
SP500
75 Pips 50 Pips
GOLD
45 Pips 34 Pips
TSLA (Stock CFD)
0.09% $1.92
XLK (ETF - CFD)
0.09% N/A
BTC
0.75% $137.31
Research and Analysis
Watchlists
Yes Yes
Stock Screener
No No
Economic Calendar
Yes Yes
Integrated Newsfeed
Yes No
Reuters Feed
No No

By using TheTradingBible.com's website you agree to the use of cookies.