eToro vs AvaTrade Comparison & Reviews

FeatureeToroAvaTrade
Founded20072006
RegulationCySEC (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 TypesRetail, Professional, IslamicStandard, Professional, Islamic
Leverage (Retail)Up to 30:1 (varies by regulation)Up to 30:1 (varies by regulation)
Leverage (Pro)Up to 400:1Up to 400:1
Spread TypeFixed or variable, depending on instrumentFixed and variable, depending on account
Typical Spread for Forex1 pip (EUR/USD average)0.9 pips (EUR/USD average)
CommissionZero commission for stock CFDs, small spreadsZero commission for most trades, small spreads
Deposit FeesNo deposit feesNo deposit fees
Withdrawal Fees$5 for each withdrawalNo fees on most withdrawals
Platform TypeseToro WebTrader, eToro Mobile AppAvaTrade WebTrader, AvaTradeGo, MT4, MT5, AvaOptions
Social/Copy TradingYes, extensive (leading feature)Yes, through AvaSocial and DupliTrade
Education and WebinarsYes, beginner to advanced guides, daily analysisYes, webinars, trading academy, eBooks
Demo AccountYes (unlimited, $100,000 virtual balance)Yes (unlimited, $100,000 virtual balance)
Trading InstrumentsStocks, Forex, Crypto, ETFs, Indices, CommoditiesStocks, Forex, Crypto, ETFs, Indices, Commodities, Bonds
Cryptocurrencies Offered70+ major and minor cryptocurrencies20+ cryptocurrencies
Regulated CountriesUS (stocks only), Europe, Asia, Australia, UK, Middle EastEurope, Australia, Japan, South Africa, UAE, UK
Stocks AccessReal stocks and stock CFDsStock CFDs only
Risk Management ToolsStop loss, take profit, trailing stopStop loss, take profit, trailing stop
Customer Support24/5 via chat, email, and phone (no weekends)24/5 via chat, email, phone
Mobile AppYes (highly rated)Yes (AvaTradeGo and MT4/MT5 mobile apps)
Advanced ToolsSocial sentiment analysis, CopyPortfolios, smart alertsAdvanced indicators, Autochartist, Options trading
Bonus OffersNo deposit bonuses (limited promotions)Yes, bonuses and offers vary by region
Trading FeesLow for popular stocks, higher spread for cryptoCompetitive spreads across most markets
Account Base CurrenciesUSD onlyUSD, EUR, GBP, AUD, JPY, CHF, ZAR, others
Hedging CapabilityNoYes
Scalping AllowedNoYes
Automated TradingNo (but allows CopyTrading as an alternative)Yes (via MT4/MT5 Expert Advisors)
Options TradingNoYes (via AvaOptions platform)
API AccessNoYes
Margin RequirementsDepends on asset and regulationDepends on asset and regulation
Overnight FeesYes (for leveraged positions)Yes (for leveraged positions)
Inactivity Fee$10/month after 12 months of inactivity$50/quarter after 3 months of inactivity
Order TypesMarket, Limit, Stop Loss, Take ProfitMarket, Limit, Stop, OCO, Trailing Stop
Web Trading Platform CustomizationLimited customizationExtensive customization on MT4/MT5
News Feed and AnalysisSocial media-style news feed, market insightsAdvanced market analysis, integrated news
Economic CalendarYesYes (via platform integrations)
Trading AlertsYes, custom price and volatility alertsYes, custom price alerts
Number of Trading Instruments3000+ instruments1250+ instruments
Indices Offered20+ indices30+ indices
Commodities OfferedGold, Silver, Oil, Natural Gas, etc.Gold, Silver, Oil, Natural Gas, Platinum, etc.
Execution TypeMarket MakerMarket Maker
PAMM/MAM AccountsNoYes
Trade Execution SpeedFast (typically <1 second)Fast (typically <1 second)
Advanced Charting ToolsBasic (multiple indicators, but limited)Advanced (full MT4/MT5 charting features)
Risk Warning CustomizationBasic risk management notificationsAdvanced with Autochartist warnings
Deposit MethodsCredit/Debit Cards, PayPal, Skrill, Neteller, Bank TransferCredit/Debit Cards, PayPal, Skrill, Neteller, Bank Transfer, Klarna, more
Withdrawal Speed1-3 business days1-3 business days
Islamic Account FeaturesSwap-free accounts, no interest feesSwap-free accounts, no interest fees
Partnership and Affiliate ProgramsYes (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 ProtectionYes (for retail clients)Yes (for retail clients)
Trade Copying FeesYes (profit-sharing for some copied trades)No extra fees (via AvaSocial/DupliTrade)
Fractional SharesYes (starting from $10 per stock)No (full share trading only)
Staking OptionsYes (for select cryptocurrencies like ADA, TRX)No
Virtual Trading CompetitionsNoYes (periodic demo trading competitions)
Promotions and Loyalty RewardsOccasional promotionsMore frequent bonuses, loyalty rewards in some regions
SL/TP Orders on CopyTradesYes (allows setting SL/TP for copied portfolios)Limited customization of copied trade settings
Risk Score TrackingYes (displays risk score for traders you copy)No
Professional Client Program BenefitsHigher leverage, priority support, custom servicesHigher leverage, lower margin requirements
Market Depth ViewNoYes (via MT5 and third-party tools)
Price Execution TransparencyBasic trade execution insightsDetailed execution reports (MT5/Autochartist)
Regulatory Reporting ToolsLimited (basic export options)Comprehensive export and reporting via MT4/MT5
Multiple Account SupportSingle primary account per userMultiple sub-accounts available
Asset Diversification OptionsCopyPortfolios for diversified exposureMAM/PAMM accounts for asset management
Investor Sentiment AnalysisYes (social sentiment from user data)Yes (Autochartist sentiment and signals)
Cloud Sync Across DevicesYes (syncs mobile, web, and desktop progress)Yes (via AvaTradeGo and MT4/MT5 sync)
Currency Conversion FeesYes (for non-USD deposits/withdrawals)Yes (for non-base currency trades)
Affiliate ProgramsYes, strong affiliate and referral programYes, with more advanced partner options
Account Verification SpeedTypically 1-2 business daysTypically 1-3 business days
Multi-Language SupportYes, supports 20+ languagesYes, supports 20+ languages
Proprietary Platform FeaturesCustomizable watchlists, CopyPortfolios, social news feedCustom watchlists, AvaProtect loss protection, AvaSocial
Loss Protection ToolsBasic SL/TP (no advanced protection)AvaProtect (premium protection against losses for fixed fee)
Swap-Free Time Limit (Islamic Accounts)UnlimitedMay be limited after a set duration, varies by region
Crypto WalletYes (via eToro Money wallet)No integrated crypto wallet
Stock Dividend EligibilityYes (on real stocks, not on CFDs)No (CFDs only, no real stocks)
Multi-Asset Investment BasketsYes (CopyPortfolios)No (but offers diversified portfolios via CFDs)
Regulated Derivatives TradingYes (regulated crypto CFDs and traditional CFDs)Yes (regulated forex, commodity, and crypto CFDs)
Real-Time Price AlertsYes, highly customizable alertsYes, customizable but depends on platform used
Proprietary Risk MetricsYes (portfolio risk score and detailed tracking)Limited (depends on external analysis tools)
Offline Trading AccessNo (must be online to trade)No (except for pre-scheduled orders via MT4/MT5)
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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.