Exness vs Etoro Comparison & Reviews

FeatureExnesseToro
Year Founded20082007
RegulationRegulated by FCA, CySEC, FSA, and other bodies,Regulated by FCA, CySEC, ASIC, and other bodies,
Trading PlatformsMetaTrader 4, MetaTrader 5, WebTrader,eToro platform (web-based and mobile),
Account TypesStandard, Pro, Raw Spread, Zero,Standard account, Professional account,
Minimum Deposit$1 for standard accounts, varies for others,$200 for standard accounts,
LeverageUp to 1:2000, varies by account type,Up to 1:30 for retail clients, 1:400 for professional clients,
Fees and CommissionsSpreads from 0 pips, commissions on certain accounts,Spreads from 0.75 pips, no commissions,
Asset ClassesForex, commodities, cryptocurrencies, indices,Forex, cryptocurrencies, stocks, ETFs, indices,
Copy TradingNo copy trading feature,Offers a social trading and copy trading feature,
Customer Support24/7 support via chat, email, and phone,Customer support available via chat and email,
Education and ResourcesWebinars, articles, tutorials, and market analysis,Webinars, articles, educational videos,
Mobile AppMobile apps for MT4 and MT5,Mobile app for trading and social trading,
Withdrawal OptionsMultiple methods, including bank transfer, cards, e-wallets,Multiple methods, including bank transfer, cards, e-wallets,
User ExperienceUser-friendly interface with advanced tools,Intuitive interface focused on social trading,
Minimum Trade Size0.01 lots for standard accounts,0.01 lots for stocks, 1 unit for cryptocurrencies,
PromotionsOccasional bonuses and promotions,No bonuses or promotions offered,
Trading InstrumentsOver 200 instruments, including exotic pairs,Over 2,000 instruments, including various stocks and cryptocurrencies,
Market ResearchDaily market analysis and insights,Advanced market analysis, news feed, and sentiment analysis,
Deposit MethodsCredit/debit cards, bank transfers, e-wallets (e.g., Skrill, Neteller),Credit/debit cards, bank transfers, PayPal, Skrill, Neteller,
Withdrawal SpeedInstant to a few hours depending on the method,Withdrawals processed within 1-3 business days,
Currency PairsOffers a wide range of currency pairs,Limited to major and minor currency pairs,
API AccessAPI trading available,API trading available but limited compared to others,
Social Trading FeaturesNo social trading options,Strong community features, user profiles, and trading statistics,
Asset OwnershipOffers CFDs without ownership of the underlying asset,Offers ownership of real stocks and ETFs,
Trading Hours24/5 trading hours for Forex and commodities,24/5 trading hours for Forex, limited for stocks,
Research ToolsEconomic calendar, trading signals,CopyTrader and Popular Investor programs,
Risk Management ToolsStop-loss, take-profit, and trailing stops,Stop-loss and take-profit orders available,
Customer ReviewsGenerally positive reviews focusing on support and spreads,Mixed reviews, strong community focus, but some criticisms on withdrawal speed,
Account VerificationRequires identification and address proof,Requires ID verification and address proof,
Mobile FeaturesTrading and analysis through MT4/MT5 mobile apps,Full trading capabilities through the mobile app,
Trading CompetitionsOccasionally holds trading competitions,No trading competitions, focuses on social trading,
Demo AccountUnlimited demo accounts available,Limited demo account with $100,000 virtual funds,
Customer Feedback MechanismSurveys and feedback forms for improvements,Community feedback via ratings and reviews,
Trading Styles SupportedScalping, hedging, and algorithmic trading,Primarily long-term and swing trading,
Market CoverageFocus on Forex and commodities,Broad market coverage including stocks, ETFs, and cryptocurrencies,
Community FeaturesLimited community features,Strong community interaction with social features,
Account Currency OptionsMultiple base currencies available (USD, EUR, etc.),USD as the primary account currency,
Loyalty ProgramsNo formal loyalty program,Popular Investor program rewards top traders,
Tax InformationProvides tax documents for traders,Offers limited tax guidance; individual responsibility,
Charting ToolsAdvanced charting tools available on platforms,Integrated charting tools with community insights,
News UpdatesEconomic news updates and analysis,Real-time news updates integrated into the platform,
Data ProtectionUses SSL encryption for secure transactions,Implements strong security measures, including two-factor authentication,
Historical Data AccessExtensive historical data for analysis,Limited historical data compared to Exness,
Commission StructureVaries by account type; transparent structure,No commissions on most trades, spreads only,
Withdrawal LimitsNo minimum withdrawal limits,Minimum withdrawal of $30,
Payment FeesNo deposit fees; withdrawal fees vary,No deposit fees; withdrawal fees depending on the method,
Support for CryptocurrencyAllows trading of cryptocurrencies as CFDs,Allows trading of real cryptocurrencies,
Margin Call LevelMargin call level starts at 30%,Margin call level starts at 50%,
Negative Balance ProtectionYes, protects against negative balances,Yes, ensures that users cannot lose more than their deposit,
Auto-Trading OptionsNo automated trading services,Auto-Trader for hands-free trading,
Interactive ChartsCustomizable interactive charts,Interactive charts with technical analysis tools,
Account ManagerDedicated account manager for premium accounts,No dedicated account manager, community-focused,
Referral BonusesReferral bonuses available for clients,No referral bonuses offered,
Trading AlertsAvailable via platform and email,Customizable trading alerts and notifications,
Market Sentiment IndicatorBasic market sentiment data available,Advanced market sentiment indicators included,
Hedging OptionsAvailable, allowing risk management strategies,No hedging allowed for retail clients,
BacktestingAvailable on MetaTrader platforms,Limited backtesting options, primarily focused on live trading,
Profit SharingNo profit-sharing feature,Popular Investor program allows profit sharing,
Earnings ReportsEarnings reports and performance summaries,Community-focused performance reports,
Diverse Payment OptionsSupports a wide range of local and international payment methods,Limited to popular international payment methods,
User InterfaceProfessional interface, suitable for traders of all levels,Simple and user-friendly interface designed for beginners,
Educational WebinarsRegularly scheduled webinars on various topics,Frequent webinars and live trading sessions,
Risk Score FeatureNo specific risk score feature,Risk score provided for each trader in the community,
Copy Trading FeesNo fees for copying trades,No fees for copy trading, but investors may incur spread costs,
Psychological Trading ToolsNo specialized tools for psychological trading,Community insights and sentiment can aid in decision-making,
LicensesCySEC (Cyprus), FCA (UK), FSCA (South Africa), FSA (Seychelles), CBCS (Curacao), FSC (BVI)CySEC (Cyprus), FCA (UK), ASIC (Australia), MiFID (Europe), FinCEN (US)
HeadquartersLimassol, CyprusTel Aviv, Israel
Social Trading / Copy TradingNoYes, with CopyTrader and CopyPortfolios
SpreadsVariable; from 0.1 pips on ForexVariable; starts at 1 pip on major Forex pairs
CommissionsCommission-based on Raw Spread and Zero accounts, spreads on Standard accountZero commission on stocks/ETFs, spreads on Forex, Crypto, and other assets
Mobile TradingYes, via MetaTrader 4/5 apps and Exness appYes, via proprietary eToro mobile app
Fee StructureLow spreads on Standard accounts, Commissions on Raw Spread, Zero accounts No Commissions on stocks/ETFs, spreads on other assets
Cryptocurrency TradingYes, includes major cryptocurrencies like Bitcoin, Ethereum, LitecoinYes, extensive selection of cryptocurrencies
Forex Pairs107+ major, minor, and exotic pairs49+ major, minor, and exotic pairs
Stock TradingNo direct stock trading, only CFDs on stocksYes, direct stock and CFD trading
IndicesAvailable as CFDsAvailable as CFDs and real assets
CommoditiesAvailable as CFDsAvailable as CFDs
ETFsNoYes, both real assets and CFDs
Cryptocurrency LeverageUp to 1:400Up to 1:2 (retail), up to 1:10 (professional)
Withdrawal MethodsSame as deposit methods, no feesSame as deposit methods, but $5 fee on withdrawals
Withdrawal Processing TimeInstant for e-wallets, 1-3 days for bank cards and transfers1-8 days, depending on the method
Withdrawal FeesNo withdrawal feesYes, $5 per withdrawal
Inactivity FeeNoYes, $10 per month after 12 months of inactivity
Education & Learning ResourcesLimited educational content, some market news, and analysisExtensive learning resources, including webinars, courses, blogs, market news, and analysis
Advanced Trading Features- Expert Advisors (EAs) support, VPS hosting for automated trading, Real-time price quotes CopyTrader feature (copy top traders), CopyPortfolios (thematic investment strategies)
Types of Orders SupportedMarket, Pending, Stop Loss, Take Profit, Trailing StopMarket, Limit, Stop, Stop-Loss, Take-Profit, Trailing Stop
Regulation of Client FundsSegregated client funds, negative balance protectionSegregated client funds, negative balance protection
Bonus & PromotionsNo current promotions (varies by region)No bonuses or promotions (complies with regulatory standards)
PAMM/MAM AccountsYes, offers MAM (Multi-Account Manager) for professional money managersNo, not available
Best For High-leverage forex traders, Experienced traders looking for a robust MT4/MT5 platform Beginner investors, Social traders, Stock/crypto enthusiasts
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Exness is ideal for experienced traders needing high leverage and MetaTrader, while eToro caters to beginners with social trading features and educational resources.