Written by ForexBrokers.com
In this head to head comparison of eToro vs Spreadex, 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 vs Spreadex: eToro was founded in 2007, while Spreadex dates back to 1999. Per ForexBrokers.com, eToro holds a Trust Score of 97/99, which is considered highly trusted (90–99). Spreadex scores 70/99, viewed as average risk (70–79); by comparison, 60–69 is high risk and below 59 is not trusted.
Regulation and licensing differ notably: eToro holds 4 Tier-1 (highly trusted) licenses and 1 Tier-2 (trusted) license, whereas Spreadex holds 1 Tier-1 license and no Tier-2 licenses. eToro is publicly traded; Spreadex is not. Neither company is a bank.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Year Founded | 2007 | 1999 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When it comes to commissions and fees, eToro and Spreadex are both rated 4 out of 5 stars, but eToro ranks slightly higher at #22 out of 36 brokers, compared with Spreadex at #25. eToro is a market-maker broker with a typical variable spread of 1 pip on EUR/USD, which is a bit above the industry average. For most retail traders, eToro is less about low trading costs and more about its social copy trading features and easy-to-use platform.
Spreadex, on the other hand, showed average EUR/USD spreads of 0.81 pips in January 2024, with a minimum spread of 0.6 pips available 60% of the time during that month. That puts Spreadex slightly ahead of eToro on pricing in this example, though both brokers sit close in overall commission and fee ratings. If lower spreads matter most, Spreadex may have the edge, while eToro stands out more for its trading community and copy trading tools.
eToro also offers a VIP club, called eToro Club, with five membership tiers from Silver to Diamond for traders holding balances between $5,000 and $250,000. These tiers can include perks like access to Trading Central, lower withdrawal and deposit fees, and a dedicated account manager. In short, both brokers are fairly similar on overall fees, but their value comes from different places: eToro from its platform features, and Spreadex from its tighter average spreads.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $0 |
| Average spread (EUR/USD) - Standard account | 1 | 0.81 |
| All-in Cost EUR/USD - Active | 1 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, both eToro and Spreadex give traders access to forex, CFDs, and a large number of markets. Spreadex lists more tradeable symbols overall, with 10,000 compared with eToro’s 7,441, while eToro offers more forex pairs, with 65 versus Spreadex’s 52. Both brokers also provide cryptocurrency CFDs, so traders can speculate on crypto price moves without owning the coins themselves.
eToro stands out for offering exchange-traded shares on both U.S. and international stock exchanges, plus the option to buy actual cryptocurrency and use copy trading. Spreadex does not offer these features, which may matter to investors looking for direct share ownership or social trading tools. Even so, both brokers are rated 5 out of 5 stars for range of investments, with eToro ranked #10 and Spreadex #13 out of 36 brokers by ForexBrokers.com.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 10000 |
| Forex Pairs (Total) | 65 | 52 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| 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 Spreadex both give traders access to a web-based platform, a free demo account for practice, and a built-in platform created by the broker. Each also lets you place trades directly from a chart, which can make it easier to react quickly when markets move. Neither broker offers a Windows desktop download platform, and neither supports MetaTrader 4 or MetaTrader 5.
For trading tools, eToro stands out with copy trading, while Spreadex does not offer this feature. That extra option, along with eToro’s stronger overall ratings, helps it lead this category: eToro is rated 4.5 out of 5 and ranks #8 out of 36 brokers for Trading Platforms and Tools, compared with Spreadex at 4 out of 5 and #34 out of 36. If you want social trading features and a higher-rated platform experience, eToro has the edge, while Spreadex still offers a simple browser-based setup with core trading tools.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 106 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
eToro and Spreadex both give traders mobile access on iPhone and Android, along with stock and forex price alerts and the ability to draw trendlines on charts. Neither app auto-saves chart drawings, so users may need to redraw them if they switch devices or return later. For basic mobile trading needs, both apps cover the essentials.
Where eToro stands out is in charting and app integration. Its mobile app includes 104 technical studies and watchlist symbol syncing, so changes made in the app update with the online account. Spreadex does not offer watchlist syncing and does not list technical studies for its mobile charts. This helps explain eToro’s stronger Mobile Trading Apps score of 4.5 out of 5 and its higher ranking at #10 out of 36 brokers, compared with Spreadex’s 4-star rating and #33 rank.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
eToro and Spreadex both give traders useful market research, including daily market commentary, forex news from top sources like Bloomberg and Reuters, a sentiment tool that shows long and short positions, and an economic calendar with global events. In this side-by-side, each broker covers the core research basics well, making it easier for traders to follow market moves and plan ahead.
Where eToro stands out is in its extra research content, including TipRanks market research, while Spreadex offers Autochartist for chart-based trade ideas. Neither broker includes Trading Central or Acuity Trading tools. Overall, eToro is rated higher for research at 4.5 out of 5 stars and ranks #12 out of 36 brokers, while Spreadex is rated 4 out of 5 stars and ranks #27, giving eToro the edge for market research coverage.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| 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, eToro has the edge over Spreadex. eToro offers forex and CFD learning material, hosts online educational client webinars at least once a month, and provides at least 10 beginner videos as well as 10 advanced videos. That wider mix of lessons and live sessions helps new traders build confidence and gives more experienced users room to keep learning. It is also reflected in its 4.5-star Education rating and #3 ranking out of 36 brokers.
Spreadex still gives beginners a useful starting point, with at least 10 beginner trading videos available, but its education offering is smaller overall. It does not offer monthly educational webinars, and it falls short on advanced video content and on forex or CFD education that meets the 10-piece benchmark. With a 4-star Education rating and a #33 ranking out of 36, Spreadex is better for basic learning than for a more complete education experience.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
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 Spreadex. eToro finished with an overall rank of #9, while Spreadex finished with an overall rank of #32.
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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Spreadex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 97 | 70 |
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In the eToro vs Spreadex comparison for cryptocurrency trading, eToro lets you buy actual (delivered) crypto alongside crypto CFDs, while Spreadex restricts you to cryptocurrency CFDs only.
In the eToro vs Spreadex comparison, eToro supports ACH/SEPA transfers, PayPal, and Skrill alongside bank wire transfers, while Spreadex offers bank wires only and does not support ACH/SEPA, PayPal, or Skrill.
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 | Spreadex | |
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| Trust Score | 97 | 70 | |
| Winner | check_circle | ||
| Review | eToro Review | Spreadex Review |
| Broker Screenshots | eToro | Spreadex | |
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| Regulation | eToro | Spreadex | |
|---|---|---|---|
| Trust Score | 97 | 70 | |
| Year Founded | 2007 | 1999 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | eToro | Spreadex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| 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 | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 10000 | |
| Forex Pairs (Total) | 65 | 52 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| 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 | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1 | 0.81 | |
| All-in Cost EUR/USD - Active | 1 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | eToro | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | eToro | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 58 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | Spreadex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Spreadex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | eToro | Spreadex | |
|---|---|---|---|
| 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 | Spreadex Review |
| Overall | eToro | Spreadex | |
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| Trust Score | 97 | 70 | |
| Winner | check_circle | ||
| Review | eToro Review | Spreadex Review |
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