Feature | eToro | TitanFX |
---|---|---|
Year Founded | 2007 | 2010 |
Headquarters | Cyprus, UK | United Kingdom |
Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Securities Commission of The Bahamas (SCB) |
Minimum Deposit | $50 | $250 |
Trading Instruments | Over 100 financial instruments, including stocks, cryptocurrencies, commodities, indices, ETFs | Over 208 financial instruments, including forex pairs, commodities, indices, cryptocurrencies |
Trading Platforms | Proprietary eToro platform (web-based), mobile app (iOS and Android) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, mobile trading apps |
Social Trading | Yes, offers CopyTrader and social trading features | Yes, offers social trading through Titan FX Social |
Leverage | Up to 1:30 for retail clients, up to 1:400 for professional clients | Up to 1:500 for Standard and Blade accounts, up to 1:1000 for Micro accounts, up to 1:100 for cryptocurrencies |
Spreads | Variable spreads, starting from 0.75 pips on EUR/USD | Variable spreads, starting from 0.2 pips on EUR/USD for Standard accounts; Raw ECN spreads from 0.0 pips with a commission of $3.5 per 100k traded for Blade accounts |
Commission Fees | Commission-free trading on stocks and ETFs; spreads apply to other instruments | No commission on Standard accounts; Blade accounts have a commission of $3.5 per 100k traded |
Deposit & Withdrawal Fees | No deposit fees; $5 withdrawal fee; inactivity fee of $10/month after 12 months of inactivity | No deposit or withdrawal fees; however, a 4% withdrawal fee applies if no trades are made on the account; no inactivity fees |
Customer Support | 24/5 live chat, email support | Live chat, email support, active on social media platforms |
Educational Resources | eToro Academy, including articles, videos, webinars, and courses; social trading features for learning from other traders | Educational resources available on the website, including market analysis, news, and forex basics |
Demo Account | Yes, unlimited time | Yes, available for practice |
Accepted Countries | Not available in Iran, North Korea, Belgium, Canada, Japan, Syria, Turkey, Israel, Belarus, Albania, Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei, Taiwan, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, Netherlands Antilles | Not available in Brazil, South Korea, Iran, Iraq, Syria, Japan, United States |
Account Types | Retail account, Professional account, Islamic account | Standard account, Blade account (ECN), Micro account |
Cryptocurrency Trading | Offers a wide range of cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple, and more) | Offers popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple; available through MT4 and MT5 |
Order Types | Market, Limit, Stop Loss, Take Profit, Trailing Stop, One-Click Trading | Market, Limit, Stop Loss, Take Profit, Trailing Stop, One-Click Trading |
Algo Trading | Yes, supports API trading; offers trading robots and strategies | Yes, supports Expert Advisors (EAs) on MT4 and MT5 |
Market Research Tools | In-platform research, analyst opinions, daily market news, technical and fundamental analysis | Integrated trading tools in MT4/MT5 (e.g., indicators, charting tools), market analysis, and news updates |
Customizable Charts | Advanced charting with numerous indicators and drawing tools; available in the web platform and mobile app | Advanced charting tools in MT4 and MT5 with customizable indicators |
Risk Management Tools | Stop Loss, Take Profit, Negative Balance Protection | Stop Loss, Take Profit, Negative Balance Protection |
Trade Execution Speed | High-speed execution but slightly slower compared to ECN brokers | ECN execution; faster order execution due to direct market access |
Available Base Currencies | USD, EUR, GBP, AUD, and more | USD, EUR, GBP, JPY, and AUD |
Scalping Allowed | No | Yes |
Hedging Allowed | Limited for retail clients | Yes, fully supported |
Overnight Swap Fees | Applicable for leveraged positions held overnight | Applicable for positions held overnight, customizable swap-free Islamic accounts available |
Affiliate/IB Programs | Yes, offers affiliate and Introducing Broker (IB) programs | Yes, offers attractive affiliate and IB programs |
Additional Features | Social trading with CopyTrader; Smart Portfolios; thematic investment strategies | VPS hosting for traders with high activity, advanced trading environment |
Supported Payment Methods | Credit/Debit Cards, Bank Transfers, PayPal, Skrill, Neteller, Sofort, Rapid Transfer, Klarna, iDEAL | Credit/Debit Cards, Bank Transfers, Skrill, Neteller, Sticpay, FasaPay, cryptocurrency payments |
Regional Restrictions | Restricted in the USA and some other jurisdictions | Restricted in the USA, South Korea, Brazil, Iran, Iraq, and other select jurisdictions |
Trading Signals | Offers trading signals through its platform and community insights | Provides trading signals via MT4/MT5 tools and integration with third-party services |
Account Currencies | Multiple currency options; conversion fees may apply if depositing in a non-supported currency | Multiple options (USD, EUR, GBP, JPY, AUD), no conversion fees for supported base currencies |
Spread Betting | Not supported | Not supported |
Platform Customization | Limited customization on the proprietary eToro platform | Highly customizable MT4 and MT5 platforms |
Research Reports | Proprietary research reports, market insights, and daily updates | Market news and analysis integrated into MT4/MT5, in addition to external research tools |
Promotions/Bonuses | Generally no bonuses due to regulatory restrictions | Occasionally offers bonuses for new clients depending on jurisdiction; check for updates |
Islamic Accounts | Yes, Sharia-compliant accounts are available | Yes, offers swap-free accounts for Islamic traders |
Mobile App Features | Complete trading functionality, social trading, real-time notifications, and market alerts | Full functionality of MT4/MT5, charting tools, and execution capabilities |
Copy Trading | Yes, CopyTrader allows copying trades from other traders | Limited; relies on Titan FX Social and external integrations |
ECN/STP Model | Primarily market-maker model | ECN/STP execution model with direct market access |
Withdrawal Processing Time | Usually processed within 1–3 business days | Typically processed within 1 business day |
Trailing Stops | Yes, supported | Yes, available through MT4/MT5 |
Slippage Policy | Minimal slippage for most trades; varies depending on market conditions | Low slippage due to ECN execution; highly dependent on liquidity |
Trading Rewards | No loyalty or rewards programs | TitanFX Points Program available for rebates and perks |
Server Stability | High uptime with reliable proprietary systems | High uptime through robust MT4/MT5 infrastructure with VPS hosting for improved stability |
Fractional Shares | Yes, allows fractional investment in stocks | Not applicable |
Algorithmic Trading Support | Yes, supports API trading and strategies | Full support for EAs and automated trading strategies via MT4/MT5 |
News Integration | In-platform news feeds and third-party partnerships | Integrated economic calendar and real-time news updates via MT4/MT5 |
Market Depth | Basic depth of market (DOM) functionality | Advanced DOM features with MT5 and ECN accounts |
Geared Towards Beginners? | Yes, offers extensive educational resources and user-friendly platform | Some educational resources, but geared more toward experienced traders |
Advanced Trading Features | Smart Portfolios for diversified investing | Raw spreads, customizable strategies, high-frequency trading capabilities |
Community Features | Active social trading community, ability to interact with and learn from experienced traders | Limited; focuses more on execution and individual trading tools |
Historical Data Access | Limited to charting and platform features | Comprehensive historical data through MT4/MT5 for backtesting and analysis |
Scalping and Day Trading | Restricted for retail clients due to regulation | Fully supported; ideal for scalpers and day traders due to ECN model |
Transparency | Provides detailed fee structures and clear trading conditions | Transparent fee structures, especially for Blade accounts |
eToro excels with its user-friendly interface, social trading features, and diverse assets, while TitanFX targets advanced traders with ECN execution, low spreads, and powerful MT4/MT5 platforms.