Written by ForexBrokers.com
In this head to head comparison of eToro vs Markets.com, 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 Markets.com are two well-established online brokers that offer a secure trading environment. Founded in 2007, eToro has grown to become a trusted name in online trading, although it is not a publicly traded company nor a bank. Similarly, Markets.com, which was founded in 1999, also operates as a private firm outside the banking sector. Both brokers boast commendable regulatory standings, each holding three Tier-1 licenses that signal high trust according to ForexBrokers.com standards, in addition to one Tier-2 license.
When it comes to trustworthiness, eToro and Markets.com are evenly matched with a Trust Score of 93 out of 99 from ForexBrokers.com. This score indicates that both platforms are highly trusted choices for online trading. With their robust licensing frameworks, both brokers offer clients peace of mind, reassured by stringent regulatory scrutiny. For anyone considering trading with either broker, these ratings highlight their reliability and commitment to secure trading practices.
| Feature |
eToro
|
Markets.com
|
|---|---|---|
| Year Founded | 2007 | 1999 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing eToro and Markets.com, eToro stands out for its efficient trading environment despite slightly higher typical variable spreads of 1 pip on the EUR/USD, which exceeds the industry average. This platform is particularly popular among retail traders due to its unique social copy trading capabilities rather than its spreads. In terms of overall costs and value for its users, eToro holds a 4.5-star rating and is ranked #22 out of 62 brokers by ForexBrokers.com for commissions and fees.
eToro also provides additional benefits through its VIP club, known as the eToro Club, which offers five membership tiers ranging from Silver to Diamond. These tiers require maintaining account balances between $5,000 to $250,000 and present various perks such as access to Trading Central, discounted withdrawal and deposit fees, and personalized account management.
Markets.com, on the other hand, does not provide average spread data, leaving potential traders with less transparency around trading costs. This could influence the decision-making process for those prioritizing cost efficiency. Markets.com is rated 3.5 stars for commissions and fees and is positioned #49 in the ranking by ForexBrokers.com. While both platforms provide unique offerings, eToro holds a higher reputation for its value-added services through transparent cost structuring and innovative trading features.
| Feature |
eToro
|
Markets.com
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 |
| Average Spread EUR/USD - Standard | 1 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| 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 Markets.com both provide access to a variety of investment opportunities, but there are distinct differences between the two. eToro offers an impressive 5,461 tradeable symbols, substantially more than the 2,179 symbols available on Markets.com. Both platforms allow forex trading via CFDs or spot contracts, with Markets.com slightly ahead in the number of forex pairs offered, providing 57 compared to eToro's 55. A key distinction is eToro’s access to exchange-traded securities on both U.S. and international exchanges, enabling clients to purchase shares like Apple's NASDAQ-listed stocks and Vodafone's shares on the London Stock Exchange, a feature not available on Markets.com.
Furthermore, eToro stands out by offering the ability to buy actual cryptocurrencies, not just derivatives, whereas Markets.com limits clients to cryptocurrency derivatives. Both platforms support copy trading, catering to investors interested in following successful trading strategies. In terms of recognition, eToro is rated with 5 stars for its range of investments and is ranked 10th among 62 brokers by ForexBrokers.com. In contrast, Markets.com holds a 4-star rating for the same category and is ranked 29th. These differences highlight eToro as a more versatile option for those seeking extensive investment options.
| Feature |
eToro
|
Markets.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 2179 |
| Forex Pairs (Total) | 55 | 57 |
| 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.
eToro and Markets.com both provide paper trading options through free virtual demo accounts, allowing users to practice trading without financial risk. Each platform has developed its proprietary system, ensuring a custom-tailored experience for their users. However, while Markets.com caters to Windows enthusiasts with a downloadable trading platform, eToro focuses on web-based solutions, making it accessible directly through browsers. Both brokers also support copy trading, a great feature for those interested in mimicking the strategies of successful traders. However, Markets.com expands its offerings with the inclusion of MetaTrader 4 and MetaTrader 5, enhancing its range of tools for traders.
In terms of charting tools, eToro exceeds Markets.com with an impressive 161 drawing tools, compared to Markets.com's modest 4 options. Nonetheless, neither platform offers the capability to trade directly from stock charts, which might be a consideration for some traders. They both provide watch lists with six columns, assisting traders in tracking their favorite assets efficiently. Overall, eToro shines in platform ratings, earning 4.5 out of 5 stars and a commendable 8th place ranking by ForexBrokers.com for Trading Platforms and Tools. Markets.com, while still a strong competitor, garners a 4-star rating and holds the 26th position in the same category, reflecting its competitive yet different feature set.
| Feature |
eToro
|
Markets.com
|
|---|---|---|
| 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 | 89 |
| Charting - Drawing Tools (Total) | 161 | 4 |
| Charting - Trade From Chart | No | No |
| Watchlists - Total Fields | 6 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
In the world of mobile trading apps, both eToro and Markets.com provide traders with options for iPhone and Android users. Each platform includes stock and forex price alerts, along with watchlist symbol syncing, ensuring your watchlists are consistent across devices. eToro stands out with a notable 104 technical studies available for charting. While it falls short in allowing trendline drawing, it offers the flexibility of viewing multiple time frames on charts, unlike Markets.com, which does not have this feature.
Both apps support the creation of watchlists with real-time quotes, but neither auto-saves chart drawings. In terms of overall user satisfaction, eToro receives a slightly higher rating of 4.5 stars compared to Markets.com's 4 stars. Moreover, eToro is ranked 11th out of 62 brokers by ForexBrokers.com for mobile trading apps, whereas Markets.com is placed at 33rd, highlighting eToro's stronger standing in the mobile trading space.
| Feature |
eToro
|
Markets.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | (default on MT4, none on Markets app) |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
eToro and Markets.com both provide daily market commentary and offer an economic calendar to keep traders informed about global news events. However, when it comes to sourcing forex news from renowned outlets like Bloomberg or Reuters, Markets.com takes the lead by providing such updates, while eToro does not. In terms of research tools, eToro stands out by offering insights from Trading Central and market research from TipRanks, whereas Markets.com does not provide these features. Both platforms offer sentiment-based trading tools to help traders gauge market positions.
Despite their similarities, there are distinct differences in the research tools and rankings of eToro and Markets.com. Although neither broker offers technical analysis or fundamental research tools from Autochartist or Acuity Trading, eToro's suite of services and resources earns it a research rating of 4.5 stars, compared to Markets.com's 4 stars. Among 62 brokers ranked by ForexBrokers.com in the Research category, eToro secures the 13th position, while Markets.com is placed at 17th. These rankings reflect eToro's slightly superior offering in terms of research capabilities.
| Feature |
eToro
|
Markets.com
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| 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, eToro and Markets.com each provide helpful materials, but eToro tends to offer more comprehensive options. eToro delivers over ten educational pieces focused on forex or CFDs, surpassing the offerings of Markets.com in this area. Additionally, both platforms host online webinars every month to help clients expand their trading knowledge. However, eToro takes it one step further by offering a searchable archive of past webinars, which Markets.com lacks.
For those who prefer video content, both eToro and Markets.com offer beginner and advanced educational videos that delve into various trading topics. eToro further enriches the educational experience with an investor dictionary covering over 50 investing terms, a feature not available with Markets.com. Overall, eToro earns a higher education rating of 4.5 stars compared to Markets.com's 4 stars and ranks higher at #5 out of 62 in the ForexBrokers.com education category, while Markets.com is ranked at #34.
| Feature |
eToro
|
Markets.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| 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 Markets.com. eToro finished with an overall rank of #9, while Markets.com finished with an overall rank of #23.
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
|
Markets.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 93 |
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eToro allows users to buy actual cryptocurrencies as well as cryptocurrency derivatives, whereas Markets.com only offers the option to trade cryptocurrency derivatives, not the actual digital currencies.
eToro offers versatile deposit and withdrawal options including ACH or SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, while Markets.com supports Skrill, Visa or Mastercard, and bank wires, but does not offer ACH or SEPA transfers or 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 | Markets.com | |
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| Trust Score | 93 | 93 | |
| Winner | check_circle | ||
| Review | eToro Review |
| Broker Screenshots | eToro | Markets.com | |
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| Regulation | eToro | Markets.com | |
|---|---|---|---|
| Trust Score | 93 | 93 | |
| Year Founded | 2007 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 3 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | eToro | Markets.com | |
|---|---|---|---|
| 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 | Markets.com | |
|---|---|---|---|
| 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 | Markets.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 2179 | |
| Forex Pairs (Total) | 55 | 57 | |
| 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 | Markets.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | Markets.com | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 | |
| 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 | Markets.com | |
|---|---|---|---|
| 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 | Markets.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 6 | 6 | |
| Charting - Indicators / Studies (Total) | 104 | 89 | |
| Charting - Drawing Tools (Total) | 161 | 4 | |
| Charting - Trade From Chart | No | No | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | Markets.com | |
|---|---|---|---|
| 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 | (default on MT4, none on Markets app) | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | No |
| Research | eToro | Markets.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Markets.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | eToro | Markets.com | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | No | |
| AUD/USD | Yes | Yes | |
| Review | eToro Review |
| Overall | eToro | Markets.com | |
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| Trust Score | 93 | 93 | |
| Winner | check_circle | ||
| Review | eToro Review |
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