Written by ForexBrokers.com
In this head to head comparison of eToro vs AvaTrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
eToro and AvaTrade are both long-established online brokers, with AvaTrade founded in 2006 and eToro in 2007. Each is not a bank, but both are well regulated and score highly on trust: eToro has a ForexBrokers.com Trust Score of 97 out of 99, while AvaTrade scores 96. By ForexBrokers.com standards, that places both brokers in the highly trusted range.
On the regulatory side, eToro holds 4 Tier-1 licenses and 1 Tier-2 license, while AvaTrade also holds 4 Tier-1 licenses but has 4 Tier-2 licenses. eToro is publicly traded, which can add an extra layer of transparency, while AvaTrade is not listed on a stock exchange. Overall, both brokers compare closely on safety and oversight, with eToro having a slight edge in Trust Score and AvaTrade offering more Tier-2 regulation.
| Feature |
eToro
|
AvaTrade
|
|---|---|---|
| Year Founded | 2007 | 2006 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 4 |
| Tier-2 Licenses | 1 | 4 |
| Tier-3 Licenses | 0 | 1 |
| Tier-4 Licenses | 1 | 1 |
When comparing commissions and fees, eToro and AvaTrade are both fairly competitive, but they appeal to different kinds of traders. eToro, a market-maker broker, lists a typical variable spread of 1 pip on EUR/USD, which is a little above the industry average. That means it is usually not the best pick for traders focused on low spreads alone. Instead, many users are drawn to eToro for its social and copy trading tools. eToro earns 4 out of 5 stars for commissions and fees and is ranked #22 out of 36 brokers by ForexBrokers.com in this category.
AvaTrade offers spreads that are close to the industry average, with EUR/USD pricing at 0.9 pips as of June 2024. That is still slightly higher than some low-cost entry accounts from brokers like CMC Markets and Tickmill, but it remains a solid choice for many retail traders. For eligible professional traders, AvaTrade’s Professional account can be even more competitive, with spreads around 0.6 pips. AvaTrade is rated 4.5 out of 5 stars for commissions and fees and ranks #14 out of 36 brokers.
In short, eToro is better known for its platform features than for low trading costs, while AvaTrade has a slight edge on pricing, especially for professional traders. If your main goal is to reduce trading fees, AvaTrade may be the stronger option. If you care more about copy trading and community features, eToro may be the better fit.
| Feature |
eToro
|
AvaTrade
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 |
| Average spread (EUR/USD) - Standard account | 1 | 0.93 |
| All-in Cost EUR/USD - Active | 1 | 0.61 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, eToro gives traders a wider choice than AvaTrade. eToro offers 7,441 tradeable symbols and 65 forex pairs, compared with AvaTrade’s 1,260 symbols and 53 forex pairs. Both brokers support forex trading as CFDs or spot contracts, and both offer copy trading, but eToro stands out by also letting clients buy real shares on U.S. and international exchanges, such as Apple or Vodafone, rather than only trading them as CFDs.
Crypto access is another key difference. eToro lets users buy actual cryptocurrency as well as crypto CFDs, while AvaTrade offers crypto CFDs only. Based on this broader selection, eToro earns 5 out of 5 stars for Range of Investments and ranks #10 out of 36 brokers at ForexBrokers.com, while AvaTrade scores 4 out of 5 stars and ranks #26.
| Feature |
eToro
|
AvaTrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 1260 |
| Forex Pairs (Total) | 65 | 53 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
eToro and AvaTrade both make it easy to get started with a free demo account, and each broker offers its own in-house platform plus web-based trading. Both also support copy trading and let you place trades directly from a stock chart, which can be helpful for active traders who want a simpler way to follow market moves. In ForexBrokers.com’s Trading Platforms and Tools review, both brokers are rated 4.5 out of 5 stars, showing that each delivers a strong overall platform experience.
The main difference is that AvaTrade gives traders more platform choice on desktop, since it offers a Windows download platform along with MetaTrader 4 and MetaTrader 5, while eToro does not support those options. eToro is more streamlined and web-focused, which may suit beginners or anyone who prefers a cleaner setup, while AvaTrade may appeal more to traders who want access to MT4 and MT5. In ForexBrokers.com’s ranking of 36 brokers, eToro places higher at #8 for Trading Platforms and Tools, compared with AvaTrade at #13.
| Feature |
eToro
|
AvaTrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 106 | 80 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing eToro vs. AvaTrade for mobile trading apps, both brokers offer easy-to-use iPhone and Android apps, along with stock and forex price alerts and watchlist syncing between the mobile app and online account. Each app also lets you draw trendlines on charts, but neither one automatically saves those drawings. In short, both platforms cover the key mobile trading basics well and are tied at 4.5 out of 5 stars for this category.
Where eToro pulls ahead is charting depth. Its mobile app includes 104 technical studies, compared with 73 at AvaTrade, which may matter more to traders who rely on chart analysis while on the go. That edge also shows in ForexBrokers.com’s mobile app rankings, where eToro places #10 out of 36 brokers and AvaTrade comes in at #13. For traders who want a slightly stronger mobile charting experience, eToro has the advantage, while AvaTrade still delivers a solid all-around app.
| Feature |
eToro
|
AvaTrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | 73 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, eToro has the edge over AvaTrade. eToro offers daily market commentary, forex news from major sources like Bloomberg and Reuters, a sentiment tool showing long and short positioning, TipRanks market research, and an economic calendar. AvaTrade also provides top-tier forex news, a sentiment tool, and an economic calendar, and it adds Trading Central research tools, which eToro does not. Neither broker includes Autochartist or Acuity Trading tools.
Overall, eToro earns a higher research score, with 4.5 out of 5 stars and a ForexBrokers.com ranking of #12 out of 36 brokers, compared with AvaTrade’s 4 stars and #28 ranking. If you want more built-in market commentary and third-party research coverage, eToro is the stronger choice, while AvaTrade still delivers useful research features and stands out for its Trading Central tools.
| Feature |
eToro
|
AvaTrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to education for beginners, both eToro and AvaTrade give new traders plenty of ways to learn. Each broker offers at least 10 forex or CFD learning pieces, monthly online educational webinars, and more than 10 beginner videos, plus more than 10 advanced videos for traders who want to go further. That means both platforms make it easy to start with the basics and keep learning as your trading skills grow.
There are a few differences worth noting. eToro earns a 4.5-star Education rating and ranks #3 out of 36 brokers in ForexBrokers.com’s Education category, while AvaTrade scores 4 stars and ranks #2. So, if you want the higher star rating, eToro stands out; if ranking matters most, AvaTrade comes in slightly ahead. Overall, both are strong choices for beginners looking for clear, helpful trading education.
| Feature |
eToro
|
AvaTrade
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than AvaTrade. eToro finished with an overall rank of #9, while AvaTrade finished with an overall rank of #15.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
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AvaTrade
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| Trust Score | 97 | 96 |
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In the eToro vs AvaTrade comparison for cryptocurrency trading, eToro lets you buy actual (delivered) crypto assets as well as trade crypto CFDs, while AvaTrade limits you to cryptocurrency CFDs only and does not offer direct purchase of real coins.
Comparing eToro vs AvaTrade for deposits and withdrawals: eToro supports ACH/SEPA transfers along with PayPal, Skrill, and bank wire options, while AvaTrade lacks ACH/SEPA but does offer PayPal, Skrill, and bank wire transfers.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | eToro | AvaTrade | |
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| Trust Score | 97 | 96 | |
| Winner | check_circle | ||
| Review | eToro Review | AvaTrade Review |
| Broker Screenshots | eToro | AvaTrade | |
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| Regulation | eToro | AvaTrade | |
|---|---|---|---|
| Trust Score | 97 | 96 | |
| Year Founded | 2007 | 2006 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 4 | |
| Tier-2 Licenses | 1 | 4 | |
| Tier-3 Licenses | 0 | 1 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | eToro | AvaTrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | Yes | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | eToro | AvaTrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | Yes | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | AvaTrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 1260 | |
| Forex Pairs (Total) | 65 | 53 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | eToro | AvaTrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1 | 0.93 | |
| All-in Cost EUR/USD - Active | 1 | 0.61 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | AvaTrade | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | eToro | AvaTrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | eToro | AvaTrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 80 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | AvaTrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 104 | 73 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | AvaTrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | AvaTrade | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | eToro | AvaTrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | eToro Review | AvaTrade Review |
| Overall | eToro | AvaTrade | |
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| Trust Score | 97 | 96 | |
| Winner | check_circle | ||
| Review | eToro Review | AvaTrade Review |
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