Written by ForexBrokers.com
In this head to head comparison of eToro vs easyMarkets, 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.
Founded in 2007, eToro has quickly established itself as a reliable online broker, boasting a ForexBrokers.com Trust Score of 93. This high score reflects its strong regulatory standing, supported by three Tier-1 licenses, which indicate a highly trusted status. While not listed on a stock exchange or operating as a bank, eToro remains a secure choice for online trading, reinforced by its additional Tier-2 license.
In comparison, easyMarkets has been around since 2001 and holds a Trust Score of 84, suggesting a trusted status according to ForexBrokers.com. Like eToro, it is neither publicly traded nor a bank, offering a dependable platform with two Tier-1 licenses and one Tier-2 license under its belt. Both brokers provide solid options for traders, with eToro having a slight edge in terms of trust and regulatory credentials.
| Feature |
eToro
|
easyMarkets
|
|---|---|---|
| Year Founded | 2007 | 2001 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When examining eToro and easyMarkets, the differences in their commissions and fees structures are evident. eToro, a market-maker broker, typically offers a variable spread of 1 pip on the EUR/USD pair, which is slightly above the industry average. However, eToro is more attractive to retail traders for its unique social copy trading capabilities rather than its spread costs. eToro also provides a VIP club with tiered memberships ranging from Silver to Diamond, offering various benefits such as access to Trading Central and reduced withdrawal and deposit fees for those maintaining balances from $5,000 to $250,000.
In contrast, easyMarkets offers fixed spreads at 0.8 pips for the EUR/USD pair when using their own platform and TradingView. However, the cost varies when using different platforms. For instance, on MT4, the spread is higher at 1.7 pips for the Standard account, while decreasing to 0.7 pips for the VIP account. MT5 accounts have variable spreads starting from 0.7 pips, allowing more flexibility for traders who might prefer a different trading environment.
In terms of ratings for commissions and fees, eToro earns an impressive 4.5 out of five stars, ranking it at #22 among 62 brokers according to ForexBrokers.com. Meanwhile, easyMarkets receives a rating of 3.5 stars and is positioned at #51 in the same category. These ratings suggest that while eToro may have higher spreads, its overall fee structure and offerings provide better value compared to easyMarkets.
| Feature |
eToro
|
easyMarkets
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $25 |
| Average Spread EUR/USD - Standard | 1 | 0.8 |
| All-in Cost EUR/USD - Active | N/A | 0.8 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the online brokers eToro and easyMarkets for their range of investments, eToro stands out with a substantially larger selection. eToro offers an impressive 5,461 tradeable symbols, including 55 forex pairs and various exchange-traded securities on both U.S. and international markets. In contrast, easyMarkets provides a smaller range of 230 tradeable symbols and offers more forex pairs at 63, but does not support direct access to U.S. or international stocks. Both brokers offer forex trading through CFDs or spot contracts, and provide copy trading options. However, a significant distinction is that eToro allows users to purchase actual cryptocurrencies, not just derivatives, while easyMarkets limits users to trading cryptocurrency derivatives only.
eToro's broad offering is reflected in its higher rating of 5 stars for Range of Investments, compared to easyMarkets' 3.5 stars. According to ForexBrokers.com, this difference is further emphasized with eToro ranked at #10, whereas easyMarkets is positioned lower at #54 out of 62 brokers in this category. This indicates that eToro may be a more suitable choice for investors seeking a diverse and expansive investment portfolio, while easyMarkets might appeal to those focused primarily on forex trading.
| Feature |
eToro
|
easyMarkets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 230 |
| Forex Pairs (Total) | 55 | 63 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | 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.
When evaluating trading platforms and tools, eToro and easyMarkets both hold their ground with a suite of offerings designed to accommodate various trading styles. eToro provides a proprietary platform that is accessible through a web-based browser, making trading easy and online-friendly. It also supports paper trading through a free virtual demo account. With its focus on social trading, eToro includes copy trading features, allowing users to mimic successful trades from top traders. Although it lacks MetaTrader 4 and 5 compatibility, eToro's user-friendly interface is complemented by an impressive 161 drawing tools for charting, though it doesn't support trading directly from stock charts. Furthermore, eToro offers six customizable columns for watch lists. Rated 4.5 out of five stars for its trading platforms and tools, eToro holds the #8 spot out of 62 brokers, reflecting its capability and user satisfaction.
On the other hand, easyMarkets excels in providing a comprehensive range of traditional tools. It offers a proprietary platform that functions not only through a web-based browser but also as a download for Windows users, affirming its flexibility in meeting diverse trader needs. EasyMarkets supports paper trading with its virtual demo account and includes popular trading platforms such as MetaTrader 4 and 5, broadening its appeal to more advanced traders. While it does not offer copy trading features, easyMarkets stands out with the ability to trade directly from stock charts, and it provides eight columns for watch lists organization. easyMarkets is rated four out of five stars for trading platforms and tools and stands at #35 out of 62 brokers, showcasing its stable yet traditional platform offering.
| Feature |
eToro
|
easyMarkets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 104 | 15 |
| Charting - Drawing Tools (Total) | 161 | 30 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both eToro and easyMarkets are well-equipped for iPhone and Android users. eToro edges ahead by offering features such as stock and forex price alerts, a capability absent in easyMarkets. Both platforms ensure watchlist symbol syncing, which allows you to seamlessly carry over your watchlist changes between the mobile app and online account. Additionally, eToro offers a broader range of technical studies in its charting tools with 104 options compared to easyMarkets' 81.
On the other hand, easyMarkets allows users to draw trend lines on charts, a feature not available with eToro. Both apps provide the flexibility to view multiple time frames and offer real-time quotes for watchlists. Neither platform, however, auto saves chart drawings. In terms of user ratings and industry rankings, eToro holds a slight lead with a 4.5-star rating and a #11 rank out of 62 brokers for mobile trading apps, whereas easyMarkets has a 4-star rating and is ranked #29.
| Feature |
eToro
|
easyMarkets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | 81 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of eToro and easyMarkets, both platforms provide daily market commentary to keep traders informed. However, easyMarkets edges ahead by offering forex news from premier sources such as Bloomberg, Reuters, and Dow Jones, while eToro does not. Both brokers supply technical analytics tools through Trading Central, coupled with sentiment-based trading tools to gauge trader interest in various instruments. Additionally, both provide an economic calendar featuring upcoming global news events that could impact trading decisions. Yet, eToro stands out with exclusive market research from TipRanks, a feature not available with easyMarkets.
Even though easyMarkets accesses top-tier news sources, eToro earns a higher research rating—4.5 out of 5 stars compared to easyMarkets' 3.5 stars. This discrepancy is further highlighted in their rankings by ForexBrokers.com, where eToro is placed at #13, significantly ahead of easyMarkets at #43. While both platforms offer practical tools for analysis and market insight, eToro's additional features and higher ratings may appeal to traders seeking comprehensive research capabilities.
| Feature |
eToro
|
easyMarkets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners in trading, both eToro and easyMarkets are well-equipped with a variety of materials focusing on forex and CFDs. Each platform offers more than ten educational articles, videos, and archived webinars centered around these topics. Both brokers also provide access to live educational webinars each month. They make previous webinars available through a searchable archive, enabling users to catch up on what they've missed. Beginner traders will find more than enough content to grasp the basics, as both eToro and easyMarkets feature over ten videos specifically tailored for those who are new to trading.
eToro and easyMarkets also cater to more seasoned traders with over ten advanced videos, and both brokers include an investor dictionary containing definitions for over 50 investing terms. While informative, these resources are not rated equally. eToro emerges as a stronger contender with an education rating of 4.5 stars and a commendable rank of #5 out of 62 brokers on ForexBrokers.com. In comparison, easyMarkets has a slightly lower educational rating of 3.5 stars and is ranked #39. For those prioritizing educational support to enhance their trading skills, eToro appears to offer more comprehensive resources to meet educational needs.
| Feature |
eToro
|
easyMarkets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that eToro is better than easyMarkets. eToro finished with an overall rank of #9, while easyMarkets finished with an overall rank of #42.
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
|
easyMarkets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 84 |
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eToro allows users to buy both actual cryptocurrency and cryptocurrency derivatives, while easyMarkets provides access only to cryptocurrency derivatives without offering actual cryptocurrency purchases.
When comparing online brokers eToro and easyMarkets, both offer ACH or SEPA transfers, Skrill, Visa or Mastercard, and bank wires for deposits and withdrawals, but only eToro provides the option to use PayPal.
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 | easyMarkets | |
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| Trust Score | 93 | 84 | |
| Winner | check_circle | ||
| Review | eToro Review | easyMarkets Review |
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| Regulation | eToro | easyMarkets | |
|---|---|---|---|
| Trust Score | 93 | 84 | |
| Year Founded | 2007 | 2001 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | eToro | easyMarkets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| 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 | easyMarkets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | eToro | easyMarkets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 230 | |
| Forex Pairs (Total) | 55 | 63 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | 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 | easyMarkets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | 0.8 | |
| All-in Cost EUR/USD - Active | N/A | 0.8 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | easyMarkets | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $25 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | eToro | easyMarkets | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | eToro | easyMarkets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 8 | |
| Charting - Indicators / Studies (Total) | 104 | 15 | |
| Charting - Drawing Tools (Total) | 161 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | easyMarkets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 104 | 81 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | Yes |
| Research | eToro | easyMarkets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | easyMarkets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | eToro | easyMarkets | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | eToro Review | easyMarkets Review |
| Overall | eToro | easyMarkets | |
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| Trust Score | 93 | 84 | |
| Winner | check_circle | ||
| Review | eToro Review | easyMarkets Review |
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