Written by ForexBrokers.com
In this head to head comparison of eToro vs FxPro, 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.
When comparing online brokers eToro and FxPro, both platforms exhibit high levels of trust according to ForexBrokers.com ratings. Founded in 2007, eToro is publicly traded and holds three Tier-1 licenses, securing a near-perfect Trust Score of 96. This suggests a highly trusted status for potential investors. FxPro, established in 2006, is unique as it operates as a bank. While not publicly traded, FxPro holds two Tier-1 licenses and earns a Trust Score of 93, also reflecting a strong level of trust.
Both eToro and FxPro hold one Tier-2 license each, further cementing their reliability in the market. Whether you are drawn to eToro’s public trading status or FxPro’s dual role as a bank, each platform presents a compelling case for trust and regulatory compliance. Ultimately, the choice between these brokers may come down to your personal preferences regarding their trading structures and individual features.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Year Founded | 2007 | 2006 |
| Publicly Traded (Listed) | Yes | |
| Bank | Yes | |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
For traders evaluating eToro and FxPro based on commissions and fees, there are notable differences to consider. eToro, a market-maker broker with a focus on social copy trading, offers spreads starting at 1 pip on the EUR/USD, which is slightly above the industry norm. While its trading fees might not attract those seeking the lowest spreads, eToro provides a VIP club (eToro Club) featuring five membership tiers ranging from Silver to Diamond, catering to balances between $5,000 and $250,000. Benefits of this program include access to advanced market insights, reduced withdrawal and deposit fees, and personalized account management. Ranked as #22 out of 63 brokers by ForexBrokers.com and rated 4.5 stars for commissions and fees, eToro’s appeal lies in its unique social trading features rather than competitive pricing.
FxPro, in contrast, might not be the go-to option for cost-conscious traders when it comes to fees, given its pricing slightly exceeds industry averages. On its MT4 platform, FxPro allows traders to select between variable and fixed spreads, with options for instant or market execution. It's on their cTrader platform that the broker offers its most competitive pricing, featuring an effective spread of approximately 1.27 pips on the EUR/USD pair, which includes a commission-component. FxPro’s Active Trader program for their Elite account provides discounts up to 30%, positioning it as a competitive choice for high-volume traders even though it falls behind similar offerings from certain top competitors. FxPro holds a 4-star rating and sits at #32 in ForexBrokers.com's assessment of commissions and fees among 63 brokers.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 |
| Average Spread EUR/USD - Standard | 1 | 1.51 |
| All-in Cost EUR/USD - Active | N/A | 1.27 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| 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 range of investments offered by eToro and FxPro, both brokers provide a solid foundation for forex trading through CFDs and spot contracts. However, eToro stands out with a wider variety of tradeable symbols, boasting 5,461 compared to FxPro's 2,249. While FxPro offers a slightly higher number of tradeable forex pairs at 70, compared to eToro's 55, eToro excels in giving clients access to both U.S. and international exchange-traded securities. This provides a broader investment spectrum, allowing users to buy shares like Apple on U.S. exchanges, whereas FxPro does not offer this feature. Both platforms support copy trading, but only eToro allows the purchase of actual cryptocurrencies, in addition to cryptocurrency derivatives.
eToro's expansive range of investment options earns it a perfect 5-star rating for Range of Investments, significantly outperforming FxPro's 4-star rating. According to ForexBrokers.com, eToro is ranked as the 10th best broker in this category out of 63, underscoring its comprehensive investment offerings. In contrast, FxPro holds the 28th position, indicating a more limited scope in comparison. For investors seeking a diverse array of trading possibilities, eToro presents a more attractive option with its extensive market access.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 2249 |
| Forex Pairs (Total) | 55 | 70 |
| U.S. Stock Trading (Non CFD) | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | |
| 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 considering trading platforms and tools, both eToro and FxPro provide unique features that cater to different types of traders. eToro and FxPro both offer proprietary platforms developed in-house, alongside access to web-based trading, ensuring users can trade from virtually anywhere with internet access. Both brokers also provide copy trading, a feature that allows traders to replicate the trades of others, which is ideal for those seeking to learn or diversify their strategies. Additionally, they offer free virtual demo accounts, enabling new and experienced traders to test their strategies without risking real money.
FxPro offers additional flexibility with a Windows-based desktop platform and supports trading through MetaTrader 4 (MT4) and MetaTrader 5 (MT5), platforms highly regarded in the trading community. In contrast, eToro shines with its vast array of drawing tools for charting, boasting 161 options compared to FxPro’s 25, which is beneficial for those who rely heavily on technical analysis. Both platforms provide six fields for watchlists, allowing traders to customize their views according to their preferences. With an impressive 4.5-star rating from ForexBrokers.com, eToro edges out FxPro in the Trading Platforms and Tools category, where it is ranked #8 among 63 brokers, compared to FxPro’s #17 ranking.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | |
| MetaTrader 5 (MT5) | Yes | |
| DupliTrade | ||
| ZuluTrade | ||
| Charting - Indicators / Studies (Total) | 104 | 53 |
| Charting - Drawing Tools (Total) | 161 | 25 |
| Charting - Trade From Chart | Yes | |
| Watchlists - Total Fields | 6 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both eToro and FxPro offer user-friendly mobile trading apps available on iPhone and Android devices, ensuring that users can trade on the go with ease. Each platform provides essential features like stock and forex price alerts, the ability to create watchlists with real-time quotes, and the convenience of syncing watchlists across devices. When it comes to charting, eToro's app stands out with 104 technical studies compared to FxPro's 65. However, FxPro offers the ability to draw trendlines and automatically save drawings, which eToro does not currently support.
Both apps allow viewing of multiple time frames on charts, accommodating users who want to analyze their trades over different periods. Rated equally at 4.5 stars for their mobile trading experience, eToro ranks slightly higher at #10 versus FxPro's #15 in ForexBrokers.com's evaluation out of 63 brokers. This makes both apps highly competitive options for mobile trading, though their distinct features may appeal to different types of traders. With eToro’s more extensive charting tools and FxPro’s trendline and saving capabilities, the choice ultimately depends on which features are more critical to your trading strategy.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | 65 |
| Mobile Charting - Draw Trendlines | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research tools and resources, both eToro and FxPro offer daily market commentary to keep users informed on the latest market developments. FxPro provides forex news from acclaimed sources such as Bloomberg and Reuters, whereas this specific information isn't available for eToro. Both platforms supply robust tools from Trading Central and sentiment-based trading insights, which help traders gauge market moods. However, eToro stands out with its TipRanks market research, a feature not provided by FxPro. Moreover, both eToro and FxPro feature comprehensive economic calendars that highlight significant global news events impacting economies worldwide.
Despite the similarities, eToro is slightly ahead, with a research rating of 4.5 stars, compared to FxPro's 4 stars. On ForexBrokers.com, eToro holds a respectable 13th place in the research category among 63 brokers, while FxPro ranks 26th. This indicates eToro's slightly superior reputation in terms of research offerings, though both platforms provide quality resources that cater to traders seeking detailed market insights.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | |
| Autochartist | ||
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | |
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners, eToro and FxPro both provide ample materials to help new traders navigate the forex and CFD markets. Both platforms offer more than ten educational pieces in the form of articles, videos, and archived webinars. Additionally, each platform provides comprehensive educational videos that cover essential trading topics tailored to beginner needs, ensuring a solid start for novice investors. However, eToro stands out by offering monthly live webinars, while FxPro does not provide a similar service for real-time learning. Both eToro and FxPro have searchable archives of past webinars, enabling learners to revisit previous sessions at their convenience.
For traders who are ready to advance their skills, eToro provides more than ten specialized videos for those looking to deepen their trading knowledge, whereas FxPro's offerings lack specific advanced material. Furthermore, both brokerages include an investor dictionary with over 50 terms, aiding in the demystification of investing jargon. When rated for their educational offerings, eToro scores 4.5 stars, outperforming FxPro, which received 4 stars. According to ForexBrokers.com's rankings, eToro is placed fifth among 63 brokers in the Education category, while FxPro holds the 18th spot. These distinctions highlight eToro's superior educational infrastructure tailored for all experience levels.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | |
| Investor Dictionary (Glossary) | 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 FxPro. eToro finished with an overall rank of #9, while FxPro finished with an overall rank of #21.
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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FxPro
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 93 |
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eToro allows users to buy both actual delivered cryptocurrency and cryptocurrency derivatives, while FxPro offers only cryptocurrency derivatives.
Both eToro and FxPro provide a range of options for depositing and withdrawing account funds, including ACH or SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, making them highly accessible and convenient choices for online trading.
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 | FxPro | |
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| Trust Score | 96 | 93 | |
| Winner | check_circle | ||
| Review | eToro Review | FxPro Review |
| Broker Screenshots | eToro | FxPro | |
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| Regulation | eToro | FxPro | |
|---|---|---|---|
| Trust Score | 96 | 93 | |
| Year Founded | 2007 | 2006 | |
| Publicly Traded (Listed) | Yes | ||
| Bank | Yes | ||
| 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 | FxPro | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | |||
| Hong Kong (SFC Authorised) | |||
| Japan (SFC Authorised) | |||
| Singapore (MAS Authorised) | |||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | |||
| New Zealand (FMA Authorised) | |||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | eToro | FxPro | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | |||
| South Africa (FSCA Authorised) | Yes | ||
| UAE (DFSA/Central Bank Authorised) | |||
| India (SEBI Authorised) | |||
| Jordan (JSC Authorised) |
| Investments | eToro | FxPro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 2249 | |
| Forex Pairs (Total) | 55 | 70 | |
| U.S. Stock Trading (Non CFD) | Yes | ||
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | ||
| 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 | FxPro | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | 1.51 | |
| All-in Cost EUR/USD - Active | N/A | 1.27 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | FxPro | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| 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 | FxPro | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | ||
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | ||
| MetaTrader 5 (MT5) | Yes | ||
| cTrader | Yes | ||
| DupliTrade | |||
| ZuluTrade |
| Trading Tools | eToro | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 6 | |
| Charting - Indicators / Studies (Total) | 104 | 53 | |
| Charting - Drawing Tools (Total) | 161 | 25 | |
| Charting - Trade From Chart | Yes | ||
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | FxPro | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 104 | 65 | |
| Mobile Charting - Draw Trendlines | Yes | ||
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | ||
| Mobile Economic Calendar | Yes |
| Research | eToro | FxPro | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | ||
| Autochartist | |||
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | ||
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | FxPro | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | ||
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | ||
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | eToro | FxPro | |
|---|---|---|---|
| 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 | FxPro Review |
| Overall | eToro | FxPro | |
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| Trust Score | 96 | 93 | |
| Winner | check_circle | ||
| Review | eToro Review | FxPro Review |
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