Written by ForexBrokers.com
In this head to head comparison of eToro vs Forex4you, 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, both eToro and Forex4you are established online brokers, but they differ significantly in terms of trustworthiness and regulation. eToro holds three Tier-1 licenses and one Tier-2 license, indicating a high level of trust according to ForexBrokers.com. This is reflected in eToro's Trust Score of 93 out of 99, placing them in the "highly trusted" category. Despite not being publicly traded or operating as a bank, eToro's regulatory oversight provides users with a reassuring level of credibility.
In contrast, Forex4you, also founded in 2007, operates without any Tier-1 or Tier-2 licenses, which affects their credibility. With a Trust Score of just 61, they fall into the "high risk" category based on ForexBrokers.com’s rating system. Similar to eToro, Forex4you is not listed on a stock exchange and is not a bank. When comparing these two brokers, eToro's comprehensive regulatory compliance and higher trust score make it the more reliable choice.
| Feature |
eToro
|
Forex4you
|
|---|---|---|
| Year Founded | 2007 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 0 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the online brokers eToro and Forex4you in terms of commissions and fees, retail investors might find distinct differences to consider. eToro, a market-maker broker, offers a typical variable spread of 1 pip on the EUR/USD, which is slightly higher than the industry average. Although the spread might not be eToro's biggest selling point, the broker is more popular for its social copy trading platform. In contrast, Forex4you does not provide average spread data, leaving potential traders without a definitive point of comparison in terms of spreads.
eToro provides added benefits through its VIP club, known as the eToro Club, which includes five tiers ranging from Silver to Diamond. Traders with account balances from $5,000 to $250,000 can enjoy perks like access to Trading Central, discounted withdrawal and deposit fees, and the support of a dedicated account manager. This program can offer substantial value to traders looking for premium services, whereas similar information about such perks is not readily available for Forex4you.
In terms of ratings and rankings from ForexBrokers.com, eToro receives 4.5 stars for commissions and fees, placing it at #22 out of 62 brokers. On the other hand, Forex4you is rated at 3.5 stars and holds the #53 position in the same category. These ratings and rankings highlight eToro’s relative strength in offering attractive fee structures and additional services compared to Forex4you.
| Feature |
eToro
|
Forex4you
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $0 |
| Average Spread EUR/USD - Standard | 1 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| 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.
eToro and Forex4you both provide forex trading as a CFD or spot contract, giving investors a pathway to engage in foreign exchange markets. eToro stands out with a significantly broader range of tradeable symbols, offering 5461 compared to Forex4you's 150. For forex pairs, eToro provides 55 options while Forex4you offers 43, showing a slight edge for eToro in forex diversity. Additionally, eToro allows investors to buy exchange-traded securities on U.S. and international exchanges, such as stocks from NASDAQ and the London Stock Exchange, while Forex4you does not offer these options. This inclusion of direct stock trading places eToro in a unique position for investors interested in building diversified global portfolios.
Both platforms support copy trading and cryptocurrency investments, but eToro provides the advantage of buying actual cryptocurrencies in addition to derivatives. In contrast, Forex4you offers only cryptocurrency derivatives. When it comes to the range of investments, eToro is rated 5 stars, securing the tenth position among 62 brokers by ForexBrokers.com, reflecting its expansive investment offerings. In comparison, Forex4you is rated 3.5 stars and ranks at number 58, indicating a more limited range of investment opportunities. These differences highlight eToro's suitability for investors seeking extensive investment options and direct market access.
| Feature |
eToro
|
Forex4you
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 150 |
| Forex Pairs (Total) | 55 | 43 |
| 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.
Both eToro and Forex4you provide traders with an opportunity to experience their platforms through simulated paper trading accounts. This feature allows new users to practice with virtual funds before committing real money. Each broker offers a proprietary platform developed specifically for their clients. eToro excels in the online space with a powerful browser-based platform but lacks a downloadable desktop version for Windows users, while Forex4you caters to both preferences by offering a download option. A key highlight of eToro is its emphasis on social trading with its innovative copy trading feature, enabling users to follow and mimic the trades of experienced investors. In contrast, Forex4you supports the well-known MetaTrader 4 and 5 platforms, providing advanced tools for technical analysis and algorithmic trading.
For those interested in graphic analysis, eToro stands out with a more substantial number of drawing tools, totaling 161, whereas Forex4you offers 15. However, Forex4you provides the convenient feature of trading directly from stock charts, something eToro does not. Watch lists on Forex4you can also be more comprehensive, supporting an additional field compared to eToro's six columns. When evaluating their overall ratings for trading platforms and tools, eToro achieves a commendable score of 4.5 out of 5 stars, while Forex4you follows with 4 stars. In rankings by ForexBrokers.com, eToro holds a strong position at #8 out of 62 brokers in the Trading Platforms and Tools category, ahead of Forex4you at #52.
| Feature |
eToro
|
Forex4you
|
|---|---|---|
| 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 | 30 |
| Charting - Drawing Tools (Total) | 161 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both eToro and Forex4you feature mobile trading apps that are accessible on iPhone and Android devices, catering to traders who prefer on-the-go access. Offering real-time stock or forex price alerts, these apps keep users informed of market fluctuations. eToro gains a leg up with its feature that allows watchlists to sync between the mobile app and the online account, a convenience that Forex4you currently does not provide. When it comes to charting, eToro offers an impressive 104 technical studies, whereas Forex4you provides only 30. However, Forex4you enables drawing trendlines and automatically saves these drawings, capabilities not available in eToro’s app.
Regarding customizable timeframe views on charts, both platforms accommodate various options like daily, weekly, or intraday. Building watchlists with real-time quotes is straightforward on both apps. In terms of user ratings, eToro scores 4.5 stars while Forex4you follows closely with 4 stars. According to ForexBrokers.com, eToro holds the 11th position out of 62 brokers for their mobile trading service, significantly higher than Forex4you, which is ranked 50th. These rankings reflect eToro’s slightly broader array of features, contributing to a more seamless user experience for active traders.
| Feature |
eToro
|
Forex4you
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both eToro and Forex4you provide access to daily market commentary, offering users a regular stream of insights to help inform their trading decisions. However, while Forex4you supplies forex news from top-tier sources like Bloomberg and Reuters, eToro does not include these in its offerings. When it comes to trading tools, Forex4you also includes resources from Autochartist, whereas eToro focuses on providing tools from Trading Central. Interestingly, both platforms integrate Trading Central's technical analysis services, showing a commitment to delivering value in this area.
In terms of unique features, eToro offers a sentiment-based trading tool that allows traders to see the ratio of long or short positions across various instruments, a feature that Forex4you lacks. Further enhancing its research offerings, eToro provides market research from TipRanks, which Forex4you does not. Both platforms offer economic calendars, ensuring users are aware of key global economic events. Overall, eToro receives a higher research rating of 4.5 stars compared to Forex4you's 3.5 stars and is ranked 13th out of 62 brokers by ForexBrokers.com, while Forex4you ranks 47th.
| Feature |
eToro
|
Forex4you
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing eToro and Forex4you as platforms for beginner educational resources, eToro clearly stands out. Both brokers provide more than ten educational pieces on forex or CFDs, ensuring that newcomers have access to a wealth of information. However, eToro offers live educational webinars every month, which is something Forex4you doesn't provide. These webinars come in addition to a searchable archive of recorded sessions, available from both brokers, to assist traders who prefer learning at their own pace.
eToro further enhances its educational offerings by providing over ten beginner videos specifically crafted for new traders, along with advanced videos for those seeking more in-depth knowledge; Forex4you, on the other hand, does not offer such extensive video content. Additionally, eToro includes an investor dictionary with over 50 terms, contributing to its educational depth where Forex4you falls short. This extensive support is reflected in its 4.5-star education rating and its #5 ranking out of 62 brokers by ForexBrokers.com. In comparison, Forex4you has a 3.5-star rating and is ranked #25, underscoring eToro's superior commitment to education, especially for those just starting out in trading.
| Feature |
eToro
|
Forex4you
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
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 Forex4you. eToro finished with an overall rank of #9, while Forex4you finished with an overall rank of #55.
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
|
Forex4you
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 61 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
eToro provides the option to buy actual delivered cryptocurrencies as well as cryptocurrency derivatives, while Forex4you only offers cryptocurrency derivatives without the option to purchase actual delivered cryptocurrencies.
When comparing the online brokers eToro and Forex4you, eToro provides a broader range of options for depositing or withdrawing account funds, including ACH, SEPA, and PayPal, in addition to Skrill, Visa, Mastercard, and bank wires, whereas Forex4you supports Skrill, Visa, Mastercard, and bank wires but lacks ACH, SEPA, and PayPal options.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | eToro | Forex4you | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 61 | |
| Winner | check_circle | ||
| Review | eToro Review |
| Broker Screenshots | eToro | Forex4you | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | eToro | Forex4you | |
|---|---|---|---|
| Trust Score | 93 | 61 | |
| Year Founded | 2007 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 0 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | eToro | Forex4you | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| 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 | No |
| Tier-2 Licenses (Trusted) | eToro | Forex4you | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | eToro | Forex4you | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 150 | |
| Forex Pairs (Total) | 55 | 43 | |
| 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 | Forex4you | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | Forex4you | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $0 | |
| 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 | No |
| Trading Platforms | eToro | Forex4you | |
|---|---|---|---|
| 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 | Forex4you | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 104 | 30 | |
| Charting - Drawing Tools (Total) | 161 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | Forex4you | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | eToro | Forex4you | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Forex4you | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | eToro | Forex4you | |
|---|---|---|---|
| GBP/USD | Yes | No | |
| USD/JPY | Yes | No | |
| EUR/USD | Yes | No | |
| USD/CHF | Yes | No | |
| USD/CAD | Yes | No | |
| NZD/USD | Yes | No | |
| AUD/USD | Yes | No | |
| Review | eToro Review |
| Overall | eToro | Forex4you | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 61 | |
| Winner | check_circle | ||
| Review | eToro Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill