eToro
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74% of retail CFD accounts lose money.

Vs.

Exness
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74-89% of retail CFD accounts lose money.

eToro Vs. Exness - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Apr 29 2024

Visit

74% of retail CFD accounts lose money.

Visit

74-89% 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.

Exness is a Cypriot broker founded in 2008 that specialises on currencies trading via MT4 & 5 along with their proprietary Exness Trader platform.

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
  • Low volume traders looking to take advantage of their low sized account offerings
  • Off-shore traders looking for high leverage factors
  • High volume traders looking for their professional accounts (assuming they are satisfied with their available assets)
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

6

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • FSAS (Seychelles)
  • FSA (Seychelles)
  • CBCS (Curaçao)
  • FSC (British Virgin Islands)
  • FSC (Mauritius)
  • FSCA (South Africa)
  • CySec (Cyprus)
  • FCA (UK)
The Good
  • Social and Copy trading capabilities
  • Trading real shares and cryptocurrencies
  • Competitive spreads depending on the account type
  • Low entry barrier for new traders
  • No minimum deposit on standard accounts
The Bad
  • Copy Trading statistics are not clear enough
  • Lack of advanced order placement controls
  • Most Exness' the financial licenses are from off-shore locations
  • Very low asset offering with less than 200 instruments
  • Despite using TradingView charts, multi-charts layout or fullscreen are not possible
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 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.

📍 Year Founded
2007 2008
💳 Minimum Deposit Range
From $50 to $200 From 0 to $3,000
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
  • Credit Card
  • Debit Card
  • Neteller
  • Skrill
  • USDT (Tether)
  • Bank Transfer
  • BTC (Bitcoin)
  • Perfect Money
  • SticPay
  • USDC (USD Coin)
💵 Account Base Currencies
1 - USD. 1 - USD
🗽 Available to U.S Citizens
Yes 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, CA, SY, IR.

📊 STP Account
Yes No
📊 DMA Account
Yes No
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Hybrid CFDs
Total Asset Offering
4,245 243
Exchange Access
0 0
📙 Real Stocks
2,000 0
📙 Stock CFDs
2,000 100
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
47 100
📗 Commodities
0 0
📗 Commodities CFDs
14 7
📕 Indices
0 0
📕 Indices CFDs
13 10
📔 ETFs
0 0
📔 ETFs CFDs
145 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
26 26
📒 Bonds
0 0
📒 Bonds CFDs
0 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
$10 1 Share
📉 Minimum ETFs Trade Size
$10 Unavailable
📈 Minimum Crypto Trade Size
$10 0.01 Lots ($1,000)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) 0.01 Lots ($1,000)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) 0.01 Lots ($1,000)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
Unavailable 2000
✍ Customisable Leverage
Yes Yes
🎲 Deleveraged Trading
Yes No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
No Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary 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.

None
💰 Deposit Fees

Conversion fees apply.

None
💰 Withdrawal Fees

$5 flat fee.

None
💰 Commissions

No commissions on real stocks and ETFs

Commissions vary as follows:

  • No comissions on Standard account
  • No comissions on Standard Cent account
  • $3.5 per lot side on Raw Spread account
  • $0.2 per lot side on Zero account
  • No commission on Pro account
Spreads
📈 EUR/USD
Dynamic - From 1 Pip 1 Pip
📉 SP500
Dynamic - From 75 Pips From 200 pips
📈 GOLD
Dynamic - From 45 Pips From 20 Pips
📉 TSLA (Stock CFD)
Dynamic - From 0.09% From $0.10
📈 XLK (ETF - CFD)
Dynamic - From 0.09% Unavailable
📉 BTC
Fixed - 1% From $20
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
No No
📡 Educational Content
Yes No
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
Yes No
📡 Account Management
No No
📡 Webinars
No No