Feature | eToro | AvaTrade |
---|---|---|
Founded | 2007 | 2006 |
Regulation | CySEC (Cyprus), FCA (UK), ASIC (Australia), SEC (US) for stock investing, MiFID (EU) | Central Bank of Ireland, ASIC (Australia), FSA (Japan), FSCA (South Africa), ADGM (UAE), CySEC |
Minimum Deposit | $10 (depending on region) | $100 (varies by region) |
Account Types | Retail, Professional, Islamic | Standard, Professional, Islamic |
Leverage (Retail) | Up to 30:1 (varies by regulation) | Up to 30:1 (varies by regulation) |
Leverage (Pro) | Up to 400:1 | Up to 400:1 |
Spread Type | Fixed or variable, depending on instrument | Fixed and variable, depending on account |
Typical Spread for Forex | 1 pip (EUR/USD average) | 0.9 pips (EUR/USD average) |
Commission | Zero commission for stock CFDs, small spreads | Zero commission for most trades, small spreads |
Deposit Fees | No deposit fees | No deposit fees |
Withdrawal Fees | $5 for each withdrawal | No fees on most withdrawals |
Platform Types | eToro WebTrader, eToro Mobile App | AvaTrade WebTrader, AvaTradeGo, MT4, MT5, AvaOptions |
Social/Copy Trading | Yes, extensive (leading feature) | Yes, through AvaSocial and DupliTrade |
Education and Webinars | Yes, beginner to advanced guides, daily analysis | Yes, webinars, trading academy, eBooks |
Demo Account | Yes (unlimited, $100,000 virtual balance) | Yes (unlimited, $100,000 virtual balance) |
Trading Instruments | Stocks, Forex, Crypto, ETFs, Indices, Commodities | Stocks, Forex, Crypto, ETFs, Indices, Commodities, Bonds |
Cryptocurrencies Offered | 70+ major and minor cryptocurrencies | 20+ cryptocurrencies |
Regulated Countries | US (stocks only), Europe, Asia, Australia, UK, Middle East | Europe, Australia, Japan, South Africa, UAE, UK |
Stocks Access | Real stocks and stock CFDs | Stock CFDs only |
Risk Management Tools | Stop loss, take profit, trailing stop | Stop loss, take profit, trailing stop |
Customer Support | 24/5 via chat, email, and phone (no weekends) | 24/5 via chat, email, phone |
Mobile App | Yes (highly rated) | Yes (AvaTradeGo and MT4/MT5 mobile apps) |
Advanced Tools | Social sentiment analysis, CopyPortfolios, smart alerts | Advanced indicators, Autochartist, Options trading |
Bonus Offers | No deposit bonuses (limited promotions) | Yes, bonuses and offers vary by region |
Trading Fees | Low for popular stocks, higher spread for crypto | Competitive spreads across most markets |
Account Base Currencies | USD only | USD, EUR, GBP, AUD, JPY, CHF, ZAR, others |
Hedging Capability | No | Yes |
Scalping Allowed | No | Yes |
Automated Trading | No (but allows CopyTrading as an alternative) | Yes (via MT4/MT5 Expert Advisors) |
Options Trading | No | Yes (via AvaOptions platform) |
API Access | No | Yes |
Margin Requirements | Depends on asset and regulation | Depends on asset and regulation |
Overnight Fees | Yes (for leveraged positions) | Yes (for leveraged positions) |
Inactivity Fee | $10/month after 12 months of inactivity | $50/quarter after 3 months of inactivity |
Order Types | Market, Limit, Stop Loss, Take Profit | Market, Limit, Stop, OCO, Trailing Stop |
Web Trading Platform Customization | Limited customization | Extensive customization on MT4/MT5 |
News Feed and Analysis | Social media-style news feed, market insights | Advanced market analysis, integrated news |
Economic Calendar | Yes | Yes (via platform integrations) |
Trading Alerts | Yes, custom price and volatility alerts | Yes, custom price alerts |
Number of Trading Instruments | 3000+ instruments | 1250+ instruments |
Indices Offered | 20+ indices | 30+ indices |
Commodities Offered | Gold, Silver, Oil, Natural Gas, etc. | Gold, Silver, Oil, Natural Gas, Platinum, etc. |
Execution Type | Market Maker | Market Maker |
PAMM/MAM Accounts | No | Yes |
Trade Execution Speed | Fast (typically <1 second) | Fast (typically <1 second) |
Advanced Charting Tools | Basic (multiple indicators, but limited) | Advanced (full MT4/MT5 charting features) |
Risk Warning Customization | Basic risk management notifications | Advanced with Autochartist warnings |
Deposit Methods | Credit/Debit Cards, PayPal, Skrill, Neteller, Bank Transfer | Credit/Debit Cards, PayPal, Skrill, Neteller, Bank Transfer, Klarna, more |
Withdrawal Speed | 1-3 business days | 1-3 business days |
Islamic Account Features | Swap-free accounts, no interest fees | Swap-free accounts, no interest fees |
Partnership and Affiliate Programs | Yes (affiliate and partner programs) | Yes (affiliate, MAM/PAMM for fund managers) |
Regulatory Protection (Investor Compensation Scheme) | Up to €20,000 (CySEC), up to £85,000 (FCA UK) | Up to €20,000 (Central Bank of Ireland), country-dependent |
Negative Balance Protection | Yes (for retail clients) | Yes (for retail clients) |
Trade Copying Fees | Yes (profit-sharing for some copied trades) | No extra fees (via AvaSocial/DupliTrade) |
Fractional Shares | Yes (starting from $10 per stock) | No (full share trading only) |
Staking Options | Yes (for select cryptocurrencies like ADA, TRX) | No |
Virtual Trading Competitions | No | Yes (periodic demo trading competitions) |
Promotions and Loyalty Rewards | Occasional promotions | More frequent bonuses, loyalty rewards in some regions |
SL/TP Orders on CopyTrades | Yes (allows setting SL/TP for copied portfolios) | Limited customization of copied trade settings |
Risk Score Tracking | Yes (displays risk score for traders you copy) | No |
Professional Client Program Benefits | Higher leverage, priority support, custom services | Higher leverage, lower margin requirements |
Market Depth View | No | Yes (via MT5 and third-party tools) |
Price Execution Transparency | Basic trade execution insights | Detailed execution reports (MT5/Autochartist) |
Regulatory Reporting Tools | Limited (basic export options) | Comprehensive export and reporting via MT4/MT5 |
Multiple Account Support | Single primary account per user | Multiple sub-accounts available |
Asset Diversification Options | CopyPortfolios for diversified exposure | MAM/PAMM accounts for asset management |
Investor Sentiment Analysis | Yes (social sentiment from user data) | Yes (Autochartist sentiment and signals) |
Cloud Sync Across Devices | Yes (syncs mobile, web, and desktop progress) | Yes (via AvaTradeGo and MT4/MT5 sync) |
Currency Conversion Fees | Yes (for non-USD deposits/withdrawals) | Yes (for non-base currency trades) |
Affiliate Programs | Yes, strong affiliate and referral program | Yes, with more advanced partner options |
Account Verification Speed | Typically 1-2 business days | Typically 1-3 business days |
Multi-Language Support | Yes, supports 20+ languages | Yes, supports 20+ languages |
Proprietary Platform Features | Customizable watchlists, CopyPortfolios, social news feed | Custom watchlists, AvaProtect loss protection, AvaSocial |
Loss Protection Tools | Basic SL/TP (no advanced protection) | AvaProtect (premium protection against losses for fixed fee) |
Swap-Free Time Limit (Islamic Accounts) | Unlimited | May be limited after a set duration, varies by region |
Crypto Wallet | Yes (via eToro Money wallet) | No integrated crypto wallet |
Stock Dividend Eligibility | Yes (on real stocks, not on CFDs) | No (CFDs only, no real stocks) |
Multi-Asset Investment Baskets | Yes (CopyPortfolios) | No (but offers diversified portfolios via CFDs) |
Regulated Derivatives Trading | Yes (regulated crypto CFDs and traditional CFDs) | Yes (regulated forex, commodity, and crypto CFDs) |
Real-Time Price Alerts | Yes, highly customizable alerts | Yes, customizable but depends on platform used |
Proprietary Risk Metrics | Yes (portfolio risk score and detailed tracking) | Limited (depends on external analysis tools) |
Offline Trading Access | No (must be online to trade) | No (except for pre-scheduled orders via MT4/MT5) |
eToro excels in social trading, fractional shares, and CopyPortfolios for beginners and investors, while AvaTrade stands out for MT4/MT5 integration, options trading, and hedging flexibility for advanced traders.