Feature | eToro | Markets.com |
---|---|---|
Regulation | ASIC (Australia), CySEC (Cyprus), FCA (UK), FSA (Seychelles) | ASIC (Australia), FCA (UK), CySEC (Cyprus), FSCA (South Africa), BVIFSC (British Virgin Islands) |
Minimum Deposit | Varies by region: $50 - $10,000 | $100 |
Trading Platforms | Proprietary platform focused on social trading | MetaTrader 4, MetaTrader 5, proprietary platforms Marketsx and Marketsi |
Available Instruments | Over 2,000 assets including 49+ forex pairs, 93 cryptocurrency CFDs, 20 index CFDs, 2,000+ share CFDs, 20 commodity CFDs | Over 2,200 assets including 67 forex pairs, 25 cryptocurrency CFDs, 40 index CFDs, 2,016 share CFDs, 28 commodity CFDs, 66 ETFs, 4 bond CFDs, 14 blends |
Spreads | EUR/USD: 1.0 pips, GBP/USD: 2.0 pips, AUD/USD: 1.0 pips | EUR/USD: 0.8 pips, GBP/USD: 1.3 pips, AUD/USD: 0.9 pips |
Leverage | Up to 30:1 for major forex pairs | Up to 30:1 for major forex pairs; higher leverage available for professional clients |
Social/Copy Trading | Yes, through CopyTrader and CopyPortfolios | Yes, via Myfxbook AutoTrade |
Educational Resources | Webinars, tutorials, e-books, news & analysis, demo account | Webinars, XRay personalized streaming, analysis section, news updates, FAQs |
Customer Support | Live chat, email, phone support; available 24/5 | Live chat, email, phone support; available 24/5 |
Deposit & Withdrawal Fees | No deposit fees; $5 withdrawal fee; inactivity fee of $10/month after 12 months of inactivity | No deposit or withdrawal fees; inactivity fee of $10/month after 3 months of inactivity |
Mobile App | Yes, fully functional proprietary mobile app | Yes, proprietary mobile app and MT4/MT5 compatibility |
Trading Fees | No commission on stocks (non-leveraged), spread-based | No commission, spread-based |
Account Types | Retail and Professional accounts | Retail, Professional, Islamic accounts |
Fractional Shares | Yes, available | No |
Algorithmic Trading | No, not supported | Yes, via MT4/MT5 and APIs |
Market Execution | Instant, no dealing desk | Instant, no dealing desk |
Stock Trading | Offers real stocks (non-CFD) in addition to CFDs | Only CFDs for stocks |
Advanced Charting Tools | Limited compared to competitors | Advanced charting tools with Marketsx and MT5 |
Order Types | Market orders, limit orders, stop loss, take profit | Market orders, limit orders, stop loss, take profit, trailing stops |
Asset Ownership | Real asset ownership for stocks and ETFs | Only CFD-based trading |
Cryptocurrency Wallet | Integrated wallet for crypto (eToro Money Wallet) | No dedicated wallet, crypto trading limited to CFDs |
Risk Management Tools | Stop loss, take profit, trailing stop, margin call alerts | Negative balance protection, stop loss, take profit |
Research Tools | Social sentiment analysis, market insights, analyst ratings | News sentiment tools, analyst recommendations, economic calendar |
Third-Party Integration | No third-party integration support | Integration with TradingView, MT4/MT5 |
Islamic Accounts | Not offered | Offered for Islamic-compliant trading |
Languages Supported | Over 20 languages | Over 30 languages |
Demo Account Duration | Unlimited | 30 days by default (can be extended) |
Regulatory Protections | Segregated funds, negative balance protection | Segregated funds, negative balance protection |
Tax Reporting | Limited tools, downloadable statements | Comprehensive tax tools with account history and summaries |
Account Registration Time | Fast, typically under 15 minutes | Fast, typically under 10-15 minutes |
Deposits | Instant via credit/debit cards, PayPal, bank transfer | Instant via credit/debit cards, PayPal, bank transfer |
Withdrawal Processing Time | 1-3 business days | 1-2 business days |
Supported Cryptocurrencies | Bitcoin, Ethereum, Litecoin, Cardano, 90+ assets | Bitcoin, Ethereum, Ripple, 25+ assets |
ETF Trading | Real ETFs available (non-CFD) | Only ETF CFDs |
Bonuses/Promotions | None due to regulatory restrictions | Region-specific bonuses and promotions (if applicable) |
Access to IPOs | No, IPO trading not supported | Yes, access to certain IPO CFDs |
Trading Hours | 24/5 for forex and CFDs, crypto available 24/7 | 24/5 for most instruments, crypto CFDs available 24/7 |
Customization Options | Limited platform customization options | Extensive customization with MT4/MT5 and proprietary tools |
Web Trading Interface | Simplistic, beginner-friendly design | Advanced, suitable for experienced traders |
Stop-Out Level | 50% | 50% |
Affiliate Programs | Yes, eToro Partners program | Yes, Markets Partners program |
News Feeds | Integrated in-platform news | Integrated real-time news and analysis |
PAMM/MAM Accounts | No | Yes, available for fund managers |
Currency Conversion Fees | Yes, 0.5% fee for non-USD deposits/withdrawals | Yes, varies by method and currency |
Backtesting Strategies | No backtesting tools | Yes, available via MT4/MT5 |
API Trading | Not supported | Supported via Markets.com API integration |
Scalping/High-Frequency Trading | Not allowed | Allowed |
Hedging | Not allowed | Allowed |
Two-Factor Authentication (2FA) | Available via SMS and email | Available via app and email |
Community Engagement | Strong social trading community, public portfolios | Limited social features |
Trading Signals | CopyTrading signals directly from other users | Yes, built-in trading signals in Marketsx and MT4/MT5 |
eToro is best for social trading and beginner-friendly features, while Markets.com excels in advanced tools like MT4/MT5, customization, and diverse asset offerings.