| Feature | eToro | FP Markets |
|---|---|---|
| Founded | 2007 | 2005 |
| Regulation | CySEC, FCA, ASIC, SEC (USA), MiFID | ASIC, CySEC |
| Headquarters | Israel | Australia |
| Minimum Deposit | $10 (varies by region) | $100 AUD (or equivalent) |
| Trading Platforms | Proprietary eToro Platform, eToroX | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Iress |
| Account Types | Standard (Retail & Professional) | Standard, Raw, Iress (advanced) |
| Leverage | Up to 1:30 (retail), up to 1:400 (pro) | Up to 1:30 (retail), up to 1:500 (pro) |
| Tradable Assets | Stocks, ETFs, CFDs, Cryptocurrencies, Commodities, Forex, Indices | Forex, Commodities, Indices, Shares, Cryptocurrencies |
| Social Trading | Yes (CopyTrader and CopyPortfolio) | No (but offers third-party copy trade tools) |
| Commission Fees | No commission on stocks, spreads on CFDs | Commission-based for raw accounts (from $3 per lot), spreads for standard accounts |
| Spreads | From 1 pip (for standard spreads) | From 0.0 pips (for raw accounts), from 1.0 pips (standard accounts) |
| Deposit Fees | No deposit fees | No deposit fees |
| Withdrawal Fees | $5 per withdrawal | No withdrawal fees (some bank charges may apply) |
| Deposit Methods | Bank transfer, credit/debit cards, PayPal, Neteller, Skrill, more | Bank transfer, credit/debit cards, PayPal, Neteller, Skrill, BPAY |
| Withdrawal Methods | Same as deposit methods | Same as deposit methods |
| Supported Currencies | USD, EUR, GBP, AUD, and more | AUD, USD, EUR, GBP, SGD, more |
| Demo Account | Yes (unlimited) | Yes (unlimited) |
| Educational Resources | Yes (webinars, videos, guides, social insights) | Yes (video tutorials, eBooks, webinars, market analysis) |
| Customer Support | 24/5 via live chat, email, ticketing system | 24/5 via live chat, email, phone support |
| Islamic Account | Yes | Yes |
| Cryptocurrency Trading | Yes (over 70 crypto pairs and coins) | Yes (via CFD pairs) |
| Stock Trading | Direct stock ownership for US equities | CFDs only (no direct stock ownership) |
| Copy Trading Features | Copy portfolios, individual trader portfolios | No direct copy feature (manual copying via signals possible) |
| Mobile App | Yes (iOS and Android) | Yes (MT4, MT5, and proprietary apps) |
| Additional Tools | Social sentiment, research tools, analyst consensus | VPS (for IRESS and MT5), market depth tools |
| Fees Transparency | High (clearly disclosed) | High (well-documented) |
| Bonus Offers | No (due to regulation) | Occasionally available, region-dependent |
| Order Types | Market, Limit, Stop Loss, Take Profit | Market, Limit, Stop, Trailing Stop, Pending Orders |
| Risk Management Tools | Stop Loss, Take Profit, Trailing Stop, Negative Balance Protection | Stop Loss, Take Profit, Trailing Stop, Negative Balance Protection |
| Hedging Allowed | No | Yes |
| Scalping Allowed | No | Yes |
| Trading Bots/Automation | No native support (manual API possible) | Yes (via MT4/MT5 Expert Advisors - EAs) |
| API Access | Limited (via third-party integration) | Full API and EA support via MetaTrader |
| Execution Type | Market Maker (Dealing Desk) | ECN (for Raw accounts), STP (for Standard accounts) |
| Slippage Protection | Moderate (due to Market Maker model) | Strong (via ECN/STP liquidity providers) |
| Trading Hours | 24/5 for Forex & CFDs, 24/7 for Crypto | 24/5 for Forex & CFDs |
| Asset Ownership | Yes (for stocks and crypto in some regions) | No (only CFDs) |
| Crypto Wallet | Yes (eToro Money crypto wallet) | No (crypto CFDs only) |
| Market Depth Display | No | Yes (via IRESS and MT5) |
| Leverage Customization | Limited (based on region and regulation) | Highly customizable (based on account type) |
| Partnership Programs | Yes (Affiliate and Popular Investor Program) | Yes (IB, affiliate, and white-label partnerships) |
| Reputation for Execution Speed | Fast (but can vary due to dealing desk model) | Very Fast (due to ECN model for raw accounts) |
| Account Verification Time | 1-2 days (depending on location and documents) | 1-3 days (depending on region and document quality) |
| Trading Competitions | No | Occasionally available (depends on region) |
| Market Sentiment Tools | Yes (based on social activity and CopyTrader data) | No (third-party indicators available via MT platforms) |
| Cashback or Loyalty Program | No | Yes (depending on broker promotion) |
| News and Market Updates | Real-time news feed, curated social sentiment | Integrated MT5 news feed, economic calendar |
| Custom Indicators | No (limited due to proprietary platform) | Yes (MT4/MT5 custom indicators supported) |
| Fractional Shares | Yes (for US stocks) | No (CFDs only) |
| Spread Betting | No | No |
| Negative Balance Protection | Yes (mandatory under regulation) | Yes (mandatory under regulation) |
| Swap-Free Options | Yes (for Islamic accounts) | Yes (for Islamic accounts) |
| Withdrawal Processing Time | 1-2 business days | 1-2 business days |
| Trading Signals | Yes (via CopyTrading and curated portfolios) | Yes (via MetaTrader and third-party providers) |
| User Interface Customization | Limited to default themes | Extensive (via MT4/MT5 customizable charts) |
| Trailing Stops Availability | Yes | Yes (via MT4/MT5 platforms) |
| Guaranteed Stop Loss | No | No (only market stop-loss orders) |
| One-Click Trading | Yes | Yes (via MetaTrader platforms) |
| Micro Lot Trading | No | Yes (available for 0.01 lot sizes) |
| Lot Size Options | Minimum 0.01 lots (on CFDs) | Minimum 0.01 lots (for forex, CFDs) |
| Account Currency Options | USD, EUR, GBP, AUD, and more | AUD, USD, EUR, GBP, and more |
| Interest on Unused Funds | No | No |
| Deposit Bonus | No (regulated regions prohibit bonuses) | Occasionally offered in some regions |
| Account Inactivity Fee | Yes ($10/month after 12 months of inactivity) | Yes (after 3 months inactivity, $10 fee) |
| Corporate/Institutional Accounts | No | Yes (available for corporate clients) |
| Slippage Control Features | Limited (market execution) | Yes (via IRESS and MT accounts) |
| Requotes | Rare (due to dealing desk model) | Very rare (ECN/STP model for raw accounts) |
| Trade Execution Speed | Medium-fast (1-2 seconds average) | Fast (under 1 second for ECN) |
| Market Maker Model | Yes (for retail) | No (for raw and STP accounts) |
| Direct Market Access (DMA) | No | Yes (via IRESS platform) |
| Third-Party Platform Integration | No | Yes (MetaTrader, IRESS, Signal Providers) |
| Expert Advisors (EAs) | No | Yes (fully supported for algorithmic trading) |
| Margin Call Notification | Yes (via email and in-app alerts) | Yes (via platform alerts and email) |
| Trading Cost Overview | Transparent, with zero-commission for stocks | Transparent, with raw spreads and fixed commissions |
| CFD Expiry Contracts | Yes (depending on the asset class) | Yes (on certain futures) |
| Futures Trading | No | Yes (via IRESS and CFDs on futures) |
| Options Trading | No | No |
| Indices Coverage | 20+ global indices | 30+ global indices |
| Commodities Coverage | Gold, Oil, Natural Gas, and more | Gold, Oil, Natural Gas, and more |
| Metals Trading | Yes (Gold, Silver, Platinum) | Yes (Gold, Silver, Copper, Platinum) |
| Oil & Energy Trading | Yes (Brent, WTI) | Yes (Brent, WTI, Natural Gas) |
| Leverage Restrictions (EU) | 1:30 max (retail clients) | 1:30 max (retail clients) |
| Leverage for Professional Clients | 1:400 max | 1:500 max |
| Economic Calendar | Yes (built-in platform) | Yes (via MT5 and website) |
| Charting Tools | Basic (with limited customization) | Advanced (MT4/MT5, IRESS offers drawing tools, multiple indicators) |
| Automated Backtesting | No | Yes (via MT4/MT5 strategy tester) |
| Market Alerts | Yes (via in-app alerts) | Yes (via platform notifications) |
| Fundamental Analysis Tools | Yes (news, sentiment data) | Yes (news, economic calendar, market depth) |
| Custom Scripts | No (proprietary platform only) | Yes (via MetaTrader and MQL scripts) |
| Multi-Account Management (MAM) | No | Yes (available for professional traders) |
| White Label Solutions | No | Yes (available) |
| User Experience | Simplified and user-friendly | Advanced and customizable for professionals |
| Cloud Access for VPS | No | Yes (for MT4/MT5 accounts) |
eToro excels in social trading, ease of use, and direct stock ownership, while FP Markets focuses on advanced trading features, raw spreads, and algorithmic trading support for professional users.