| Feature | eToro | Doo Prime |
|---|---|---|
| Established | 2007 | 2014 |
| Regulation | CySEC (Cyprus), FCA (UK), ASIC (Australia), FinCEN (USA) | FSC (Mauritius), FSA (Seychelles), VFSC (Vanuatu) |
| Tradable Instruments | Stocks, Cryptocurrencies, Currencies, Commodities, Indices, ETFs | Forex, CFDs on Indices, Stocks, Futures, Metals, Commodities |
| Minimum Deposit | $10–$200 (depending on country) | $100 for CENT and STP accounts, $5,000 for ECN accounts |
| Trading Platforms | Proprietary eToro Platform (Web and Mobile) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Doo Prime InTrade, TradingView |
| Leverage | Up to 1:30 for retail clients, up to 1:400 for professional clients | Up to 1:1000 (depending on the instrument) |
| Spreads | Variable; e.g., spreads from 0.75 pips on EUR/USD | Starting from 0.1 pips (depending on account type) |
| Commission Fees | Commission-free trading; spreads apply | Zero commissions on STP accounts; commissions from $10 per lot on ECN accounts |
| Deposit Methods | Credit/Debit Card, PayPal, Neteller, Skrill, Bank Transfer, Local Online Banking | Bank Transfer, Credit/Debit Card, E-wallets (Skrill, Neteller), Cryptocurrencies |
| Withdrawal Fees | $5 per withdrawal | Varies by method; some options are free |
| Inactivity Fees | $10 per month after 12 months of inactivity | None |
| Demo Account | Yes, unlimited time | Yes |
| Islamic Account | Yes | Yes |
| Customer Support | 24/5 live chat, email support | 24/7 multilingual support via phone, live chat, email, and social media |
| Educational Resources | eToro Academy, including educational videos, blog articles, and webinars | Limited educational materials; primarily focuses on trading tools and platforms |
| Social Trading | Yes, features like CopyTrader and Popular Investor Program | Yes, offers copy trading platforms for beginners seeking community interaction |
| Mobile Trading App | Yes, available on iOS and Android | Yes, proprietary mobile app called Doo Prime InTrade, available for iOS and Android; integrates with MetaTrader platforms |
| Account Types | Single account type with varying features based on verification and region | CENT, STP, and ECN accounts to cater to different trader needs; CENT for beginners, STP for standard trading, and ECN for experienced traders requiring tighter spreads and higher deposits |
| Regulatory Status | Regulated by top-tier authorities, including the FCA and ASIC; offers a higher level of investor protection | Regulated by multiple authorities, including offshore entities; traders should be aware of varying levels of client protection depending on jurisdiction |
| Trading Tools | Proprietary platform with integrated social trading features; limited support for third-party tools | Offers a suite of trading tools, including MetaTrader platforms, TradingView, and FIX API for experienced traders requiring advanced analysis tools and low-latency trading technology |
| Asset Coverage | Over 5,000 assets across various classes, including a wide range of stocks and cryptocurrencies | Offers over 10,000 financial instruments, providing a diverse selection for traders looking to diversify their portfolios across multiple asset classes |
| Fee Transparency | Transparent fee structure with clearly stated spreads and commissions; non-trading fees like withdrawal and inactivity fees are also specified | Trading fees vary depending on account type; while spreads can be competitive, there is less transparency around real-time spreads and commissions, which may vary; non-trading fees are generally low, with no inactivity fees and free deposits and withdrawals for certain methods, though third-party charges may apply |
| User Experience | User-friendly proprietary platform designed for social trading; suitable for beginners and those interested in copy trading; mobile app provides seamless trading experience on the go | Multiple platform options catering to different trader preferences; MetaTrader platforms offer advanced features for experienced traders, while the proprietary InTrade app provides a user-friendly interface for mobile trading; however, the variety of platforms may require a learning curve for some users |
| Research and Analysis | Provides market news, analysis, and a range of educational content through eToro Academy; social trading features allow users to follow and learn from experienced traders | Limited educational resources compared to some competitors; focuses more on providing trading tools and platforms rather than in-depth research and analysis; traders may need to seek additional educational materials elsewhere to supplement their learning |
| Global Reach | Serves clients in numerous countries, with certain restrictions; recently exited the Philippines market amid regulatory concerns | International presence with operations centers in multiple cities; however, regulatory coverage varies by region, and traders should verify the broker's services and regulatory status in their specific country before engaging in trading activities |
| Additional Features | Offers unique social trading features like CopyTrader and the Popular Investor Program, enhancing the social trading experience; eToro Wallet for cryptocurrency storage and transfer | Provides access to multiple trading platforms, including TradingView and FIX API, catering to traders seeking advanced charting tools and low-latency trading; also offers PAMM and MAM accounts for passive investing, appealing to investors looking for managed account services |
| Order Types | Market, Limit, Stop-Loss, Take Profit, Trailing Stop | Market, Limit, Stop, Stop-Loss, Take Profit, Trailing Stop; also supports pending orders for advanced strategies |
| Algorithmic Trading | Limited; no support for third-party algorithmic trading tools or scripts | Supports algorithmic trading via MT4, MT5, and FIX API; users can deploy Expert Advisors (EAs) or custom scripts for automated trading |
| API Access | Not available for retail traders | Offers FIX API 4.4 for institutional and high-frequency traders |
| Cryptocurrency Offering | Offers a proprietary crypto wallet and supports direct trading of over 70 cryptocurrencies | Provides CFD trading on cryptocurrencies; does not offer a proprietary wallet for direct ownership of crypto assets |
| Copy Trading Features | Extensive; includes CopyTrader and the Popular Investor Program, allowing users to replicate the trades of successful investors | Supports copy trading with third-party integration; less emphasis on proprietary social trading features compared to eToro |
| Scalping | Not allowed under eToro's terms of service | Allowed, making it suitable for high-frequency trading strategies |
| Hedging | Limited due to restrictions on opening opposing positions for the same instrument | Fully supported on MT4 and MT5 platforms |
| Deposit Currencies | Primarily USD, with auto-conversion fees applied for other currencies | Supports multiple base currencies (e.g., USD, EUR, GBP, AUD), minimizing conversion fees |
| Managed Account Options | Not available | Offers PAMM (Percentage Allocation Management Module) and MAM (Multi-Account Manager) accounts for passive investors |
| Trading Hours | Follows standard global market hours; limited access for cryptocurrency trading 24/7 | Provides 24/7 cryptocurrency trading along with standard global market hours for other assets |
| Mobile App Functionality | Comprehensive mobile trading with a focus on social trading; includes features like price alerts, portfolio management, and trading history | Advanced mobile trading via the InTrade app, offering full integration with MT4/MT5; includes advanced charting tools and account management features |
| Market Data Sources | Provides real-time market data and news integrated into the proprietary platform | Real-time market data via TradingView and MetaTrader platforms; access to institutional-grade liquidity for advanced trading |
| Account Segregation | Funds are held in segregated accounts with top-tier banks to ensure security | Client funds are held in segregated accounts, adhering to regulatory standards |
| Partner Programs | Offers an affiliate and partnership program for referrals | Offers IB (Introducing Broker), White Label, and Partnership programs for institutional clients |
| Execution Speed | Market execution with no requotes; optimized for retail traders | Ultra-low latency execution supported by FIX API; competitive for institutional traders |
| Bonus Programs | No deposit bonuses or promotions due to regulatory compliance | Occasionally offers deposit bonuses and promotions, depending on the jurisdiction |
| Charting Tools | Basic charting tools integrated into the proprietary platform; suitable for casual traders | Advanced charting tools available on TradingView and MetaTrader platforms; suitable for professional traders requiring detailed analysis |
| Regulatory Protection | Higher investor protection due to regulation by tier-one authorities such as FCA, ASIC, and CySEC | Varies depending on the regulatory jurisdiction; offshore entities may provide lower investor protection |
| Stock Ownership | Offers direct ownership of stocks for certain regions, alongside CFDs | Focuses on CFDs for stocks; no direct stock ownership offered |
| Fractional Shares | Yes, allows fractional share trading, enabling investment in high-value stocks with small amounts | Not available; only full-lot trading for equities |
| Leverage for Crypto | Limited leverage for cryptocurrencies (up to 1:2 for retail clients, depending on region) | Higher leverage available for cryptocurrency CFDs, varying by account type and jurisdiction |
| VIP/Professional Accounts | Offers a "Professional Client" account with enhanced leverage and reduced fees for eligible traders | Offers tiered account types (CENT, STP, ECN) with progressively better trading conditions for advanced traders |
| Trade Execution Model | Market Maker; trades may be executed internally | ECN/STP model, providing direct access to liquidity providers for lower latency and competitive pricing |
| Indices Coverage | Major global indices such as NASDAQ, S&P 500, FTSE 100 | Broader coverage of global indices, including regional indices like Hang Seng and DAX |
| Commodities Coverage | Offers popular commodities such as gold, silver, oil, and agricultural products | Provides a wider range of commodities, including futures contracts and CFDs on precious metals, energies, and agricultural products |
| Advanced Order Types | Limited to basic stop, limit, and trailing stops | Supports advanced order execution like OCO (One-Cancels-the-Other), contingent orders, and trading automation through EAs |
| Latency Reduction | No specific tools for latency reduction | Offers ultra-low latency via VPS (Virtual Private Server) solutions for algorithmic traders |
| Local Payment Methods | Supports a range of local deposit methods depending on the region | Offers localized payment solutions like UnionPay, AliPay, and cryptocurrency wallets |
| Currency Pairs (Forex) | Over 50 currency pairs | Extensive forex coverage with more than 60 pairs, including exotic currencies |
| Spread Type | Fixed or variable spreads, depending on the market and asset | Primarily variable spreads; competitive for ECN accounts, starting as low as 0.1 pips |
| News Integration | Integrated newsfeed and market updates sourced directly from reputable financial news outlets | Provides integration with platforms like TradingView, allowing access to third-party market data and analysis |
| Corporate Accounts | Not available | Offers corporate trading accounts tailored for businesses or institutions |
| Withdrawal Processing Time | Typically 1–3 business days | Faster processing time, often completed within 24 hours for most payment methods |
| Swap-Free Accounts | Available for Islamic traders, adhering to Shariah principles | Available on request for eligible accounts, with a focus on maintaining competitive trading conditions |
| Market Depth | Limited visibility into market depth | Provides full market depth analysis for ECN and professional accounts via MT5 |
| Technology Infrastructure | Proprietary technology stack focused on social trading | Advanced trading infrastructure, including FIX API and institutional-grade liquidity |
| Web-based Trading | Proprietary web platform; highly optimized for social trading | Web access through TradingView and MT5, offering robust analytical tools |
| Competitions/Promotions | No trading competitions due to regulatory restrictions | Occasionally organizes trading competitions with prize incentives |
| Risk Management Tools | Integrated risk management tools like Stop-Loss and Take-Profit | Offers more advanced risk management options, such as multi-account hedging and portfolio optimization |
eToro is ideal for beginners and social traders, offering fractional shares and direct stock ownership. Doo Prime excels in advanced trading tools, ECN accounts, and ultra-low latency for professionals.