eToro versus FXPro
eToro, with 25M+ social traders, remains an industry leader in this category, offering its proprietary CopyTrader and CopyPortfolios and a growing cryptocurrency presence. Beginners benefit from services like the eToro Academy, eToro plus, and The Bull Club. eToro also offers in-house managed thematic investment portfolios for passive investors.
FXPro provides traders with its proprietary trading platform, MT4, MT5, and cTrader. The latter three support algorithmic trading and feature embedded copy trading services, while the Trading Central plugin enhances MT4/MT5. Deep liquidity, fast order execution, high leverage, and its NDD order execution model make FXPro a great choice for demanding traders, with 2M+ clients from 173 countries.
We have conducted an in-depth review of eToro and FXPro to determine which one presents the better overall choice and which traders will benefit the most at either broker.
- Features and Platforms
- Available Markets
- Typical Spreads and Fees
- Security and Trust
- eToro vs. FXPro - Verdict
Features and Platforms
| Features & Platforms | eToro (visit site) | FXPro (visit site) |
 |  | |
| Headquarter: | Israel | UK |
Established : | 2007 | 2006 |
Retail Loss Rate: | Undisclosed | 84.67% |
Regulation: | ||
Minimum Deposit: | $10 - $10,000 | $100 |
Demo Account: | ||
Managed Account: | ||
Islamic Account: | ||
Inactivity Fee | $10 monthly after 12 months | $15 one-off and $10 monthly after 12 months |
Deposit Fee: | Third-Party | Third-Party |
Withdrawal Fee | Yes + Third-Party | Third-Party |
Funding Methods: | 10 | 6 |
MT4: | ||
MT5: | ||
cTrader: | ||
Proprietary Platform: | ||
Automated Trading: | ||
Social / Copy Trading: | ||
MT4/MT5 Add-ons: | ||
Guaranteed Stop Loss: | ||
Negative Balance Protection: | ||
Bonuses and Promotions: | ||
Unique Feature One: | Large trading community | Deep liquidity |
Unique Feature Two: | Copy-trading platform | Fast order execution |
Broker Offers: | *74% of retail CFD accounts lose money |
Noteworthy:
eToro announced the launch of an NFT fund, meeting client demand, while FXPro maintains a high-payout partnership program for passive income generation.
Available Markets
| Available Markets | eToro | FXPro |
| Currency Pairs: | ||
Cryptocurrency Pairs: | ||
Commodities and Metals: | ||
Indices: | ||
Equities: | ||
Bonds: | ||
ETFs: | ||
Options, Futures, and Synthetics: | ||
Maximum Retail Leverage: | 1:30 | 1:200 |
Maximum Pro Leverage: | Undisclosed | 1:200 |
Both brokers offer approximately 2,000+ CFDs, where FXPro takes a marginal lead. The bulk of assets consists of equity CFDs. FXPro maintains a broader choice of currency pairs but no longer offers cryptocurrencies. eToro features direct share investments and ETFs, unavailable at FXPro. eToro provides more balance, but FXPro maintains a better Forex and CFD selection.
Typical Spreads and Fees
| Typical Spreads & Fees | eToro | FXPro |
Minimum Raw Spreads: | Not applicable | 0.0 pips (cTrader-only) |
Minimum Standard Spreads: | 1.0 pips | 0.5 pips |
Minimum Commission for Forex: | N/A | $4.50 per lot (cTrader-only) |
Commission for Equity CFDs: | 0.09% | Commission-free |
Cash Rebates: | ||
Execution Type: | Market Maker | NDD |
eToro and FXPro have high commission-free Forex costs, where the minimum at FXPro is 50% cheaper, but the average is 50% more expensive. FXPro maintains a competitive commission-based alternative that only applies to the cTrader trading platform, where average costs are 50% cheaper than eToro. FXPro also offers commission-free CFD trading.
Security and Trust
eToro
| Country of the Regulator | Name of the Regulator | License Number |
US | N/A | N/A |
Cyprus | Cyprus Securities Exchange Commission | 109/10 |
UK | Financial Conduct Authority | 583263 |
Australia | Australian Securities and Investments Commission | 491139 |
Seychelles | Financial Services Authority | SD076 |
FXPro
| Country of the Regulator | Name of the Regulator | License Number |
UK | Financial Conduct Authority | 509956 |
Cyprus | Cyprus Securities Exchange Commission | 078/07 |
South Africa | Financial Sector Conduct Authority | 45052 |
Bahamas | Securities Commission of the Bahamas | SIA-F184 |
Segregation of client deposits, negative balance protection, and an investor compensation fund for the UK and Cyprus subsidiaries exist at both eToro and FXPro. The former also offers a $1,000,000 third-party insurance program underwritten by Lloyd's of London, while the latter has € 100.000.000 in Tier 1 corporate capital. Both brokers have a clean track record and present traders with an equally secure and trustworthy environment.
eToro vs FXPro – Verdict
eToro
| Pros | Cons |
| Copy-trading with a community numbering almost 25 million traders | Higher minimum deposit requirement but within a reasonable range |
| User-friendly web-based trading platform and mobile app | Absence of MT4 and no algorithmic trading |
| Quality educational offering for beginner traders via videos | |
| Balanced asset selection with a focus on equity CFDs and ETFs |
FXPro
| Pros | Cons |
| Choice of four trading platforms plus services by Trading Central for MT4/MT5 | No cryptocurrencies |
| Deep liquidity, fast order execution, and high leverage | High trading costs for non-cTrader accounts |
| Algorithmic and social trading support plus VPS hosting | |
| A competitive commission-based cost structure for cTrader |
eToro remains the better solution for social traders, passive investors, and casual mobile traders. FXPro presents an overall better choice for Forex traders using the cTrader trading platform due to its competitive pricing environment. It also offers a broader equity CFD selection and supports algorithmic trading.
You might also be interested in reviewing the below broker comparisons: