Feature | eToro | FXGT.com |
---|---|---|
Founded Year | 2007 | 2019 |
Regulation | CySEC, FCA, ASIC, SEC (USA), others | FSCA, CySEC, FSA (Seychelles), others |
Trading Instruments | Stocks, ETFs, Forex, Cryptocurrencies, Commodities, Indices | Forex, Cryptocurrencies, Indices, Commodities, Stocks, Synthetic assets |
Account Types | Retail, Professional, Islamic account | Mini, Standard+, ECN, Islamic account |
Minimum Deposit | $50 (varies by region) | $5 |
Leverage | Up to 1:30 (Retail), Up to 1:400 (Professional) | Up to 1:1000 (varies by account type) |
Spreads | From 1 pip (variable) | From 0.0 pips (on ECN account) |
Commission | No commission for stock/ETF trades (spread-based), Commission for CFDs | Commission-free for most accounts, ECN accounts charge commissions |
Deposit Methods | Bank Transfer, Credit/Debit Card, PayPal, Neteller, Skrill | Bank Transfer, Credit/Debit Card, Neteller, Skrill, Crypto, Local payment methods |
Withdrawal Methods | Bank Transfer, Credit/Debit Card, PayPal, Neteller, Skrill | Same as deposit methods |
Withdrawal Fees | $5 per withdrawal | No fees (may vary by region/payment method) |
Trading Platforms | eToro Proprietary Web Platform, eToro Mobile App | MetaTrader 5 (MT5), WebTrader, Mobile App |
Copy Trading | Yes (Popular Social Trading Network) | Yes (Copy trading via MT5 platform) |
Education & Research | News Feed, Market Analysis, Webinars, Tutorials | Market Analysis, Webinars, Educational Videos, eBooks |
Demo Account | Yes (Unlimited virtual funds) | Yes (Unlimited virtual funds) |
Algorithmic Trading | Limited to API usage | Full support via MT5 (EA support) |
Customer Support | 24/5 via Live Chat, Email, Phone (varies by region) | 24/7 Live Chat, Email, Phone Support |
Mobile App | Yes (iOS and Android) | Yes (MT5 Mobile) |
Cryptocurrency Trading | Yes (direct ownership and CFDs) | Yes (crypto CFDs and direct crypto deposits) |
Negative Balance Protection | Yes | Yes |
Islamic Accounts | Yes (Swap-free option) | Yes (Swap-free option) |
Social Trading Features | Advanced (community feed, shared portfolios) | Basic (copy trading via MT5) |
Regulatory Protections | Investor Compensation Schemes (varies by regulator) | FSCA and other regulatory protections |
Security Features | 2FA, SSL Encryption | 2FA, Secure Login, Encryption |
Account Currencies | USD (default), EUR, GBP, AUD, etc. | USD, EUR, ZAR, NGN, JPY, BTC, USDT, others |
Inactivity Fee | $10/month after 12 months of inactivity | No inactivity fee |
Order Types | Market, Limit, Stop Loss, Take Profit | Market, Limit, Stop Loss, Take Profit, Pending Orders |
Execution Type | Market execution | Market execution, Instant execution (for some instruments) |
Trading Hours | Follows market hours (Forex: 24/5) | 24/7 for cryptocurrencies, 24/5 for Forex and other instruments |
Fractional Trading | Yes (for stocks and ETFs) | No |
Stock Ownership | Yes (real stocks, not CFDs) | No (CFDs only) |
Hedging | No (restricted) | Yes (allowed on MT5) |
Scalping | Not allowed | Allowed |
Stop-Out Level | 50% (Retail), 20% (Professional) | 30%–50% depending on account type |
Bonus Offers | Not allowed due to regulation | Yes (bonuses and promotions) |
Cryptocurrency Transfers | No (cannot transfer crypto out) | Yes (crypto deposits/withdrawals allowed) |
Margin Call Level | 50% | 80% (varies by account) |
PAMM/MAM Support | No | No dedicated PAMM/MAM, but EAs can replicate similar setups |
Affiliate/IB Program | Yes (limited in regions due to regulation) | Yes (Affiliate and Introducing Broker programs available) |
Swap-Free Options for Cryptos | No | Yes (for Islamic accounts) |
Manual Trading Restrictions | No short selling restrictions on stocks (via CFDs), but no direct shorting for real stocks | No restrictions on short selling (CFDs only) |
User Community Features | Yes (forum-like feeds, copy portfolios) | No dedicated user community within the platform |
Automated Strategy Marketplace | No (manual API integration only) | No integrated marketplace, but MT5 allows custom strategies |
Withdrawal Processing Time | 1–2 business days | Usually within 24 hours |
Deposit Bonuses | Not available due to regulations | Yes (welcome bonuses and deposit boosts) |
Account Verification Time | 1–3 business days (depends on region) | 1 day or less (varies by documentation provided) |
Security of Client Funds | Segregated accounts, regulated under top-tier authorities | Segregated accounts, offers protections but varies based on jurisdiction |
Trade Execution Speed | Typically within milliseconds (proprietary tech) | Ultra-fast execution (<20ms in some data centers) |
Market Depth Display | No | Yes (via MT5 Level 2 Market Depth) |
News & Sentiment Tools | Integrated news feed, sentiment analysis | Limited (basic news integration via MT5) |
Charting Tools | Basic charting tools (proprietary platform) | Advanced charting tools (MT5 platform) |
Custom Indicators | No (fixed platform indicators) | Yes (custom MT5 indicators supported) |
Available Timeframes | Limited (basic timeframes like 1M, 5M, 1H) | Full range (1M to 1 month on MT5) |
Trading Signal Subscriptions | No direct signal marketplace | Yes (via MT5 signal services) |
Micro Lot Trading | No (minimum stock fraction but not lots) | Yes (micro-lots supported: 0.01 lots) |
Guaranteed Stop Loss | No | No (uses standard stop loss) |
Volatility Protection Settings | No | Yes (slippage control, max deviation settings) |
API Access | Yes (limited API for portfolio access) | No direct API, but supports custom Expert Advisors (EAs) |
Requotes | No (market orders are filled as available) | Rare (but can happen during high volatility) |
Currency Conversion Fee | Yes (for non-USD deposits) | No (multi-currency support avoids conversion fees) |
Account Base Cryptocurrencies | No | Yes (USDT, BTC, etc. as base currencies) |
Trading Signals Integration | No direct integration | Yes (via MT5 signal provider) |
Trading Competitions | No | Yes (frequent trading competitions) |
Withdrawal Limits | No withdrawal limits | May vary by payment method |
Trading Alerts | Push notifications, price alerts (mobile and web) | Full alert customization on MT5 |
Lot Size Flexibility | Limited to fractional shares for stocks | Full lot size flexibility for Forex, CFDs |
Internal Transfers | No | Yes (between accounts in different currencies) |
Daily Reports | Account statement via email | Yes (detailed account and trading reports) |
Platform Customization | Minimal customization | Full customization (MT5 layouts, scripts) |
User Interface | Intuitive, beginner-friendly | More technical (for experienced traders) |
Leverage Adjustments | Automatically adjusted by regulation | Manually adjustable by user within account limits |
Weekend Trading | Only for cryptocurrencies | Cryptocurrencies only |
Cashback or Rebates | No (regulated restrictions) | Yes (via IB/Affiliate programs) |
Negative Slippage | Absorbed by the platform | May occur, especially during volatility |
Trading View Integration | No (proprietary platform) | No (but MT5 offers similar charting features) |
eToro is ideal for beginners and social traders focused on stocks and ETFs, while FXGT.com suits experienced traders seeking high leverage, crypto flexibility, and MT5 tools.