Written by ForexBrokers.com
In this head to head comparison of eToro vs Vantage, 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 stands out in the online trading world with a ForexBrokers.com Trust Score of 93, classifying it as highly trusted. Though not publicly traded or a bank, eToro offers its clients security by holding three Tier-1 licenses and one Tier-2 license. These licenses indicate that eToro operates under stringent regulatory standards, making it a reliable choice for traders seeking peace of mind when managing their investments.
Vantage, launched in 2009, also brings trust to the table with its ForexBrokers.com Trust Score of 90, falling into the trusted category. Like eToro, Vantage is neither publicly traded nor a bank, but it upholds a strong regulatory framework by possessing two Tier-1 and one Tier-2 licenses. This solid regulatory backing offers traders a dependable environment for their financial activities, further positioning Vantage as a credible option in the competitive brokerage market.
| Feature |
eToro
|
Vantage
|
|---|---|---|
| Year Founded | 2007 | 2009 |
| 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 | 3 |
When it comes to commissions and fees, eToro and Vantage offer unique structures that appeal to different types of traders. eToro, rated 4.5 stars, is a market-maker broker primarily chosen for its social copy trading platform rather than its spreads, which are slightly above the industry average. Offering a typical variable spread of 1 pip on the EUR/USD, eToro also features a VIP club with various tiers. These tiers provide benefits like discounted withdrawal and deposit fees and access to Trading Central, catering to traders maintaining balances between $5,000 and $250,000. Ranked #22 by ForexBrokers.com for commissions and fees, eToro appeals to those valuing the social trading experience.
Vantage, also rated 4.5 stars, provides a more variable fee structure across its three account types: the spread-only Standard STP account, and the commission-based RAW ECN and PRO ECN accounts. The Standard account typically offers spreads of 1.30 pips on the EUR/USD, while the RAW account provides more competitive pricing with average spreads of 0.15 pips plus a $6 round turn commission. The PRO account stands out for its cost efficiency, demanding only a $4 round turn commission and requiring a minimum of $10,000 under certain conditions, ideal for those qualifying as wholesale clients or trading through its Cayman Islands entity. Vantage ranks #19 in commissions and fees, largely due to competitive pricing strategies with accounts comparable to platforms like FP Markets and Tickmill.
Overall, eToro and Vantage cater to different preferences and trading habits. eToro excels in its intuitive and popular social trading features, while Vantage appeals to those seeking competitive account-specific pricing. Whether you're a retail trader drawn to social dynamics or an active trader looking for rebate opportunities, both platforms offer high-quality solutions with identical commission and fee ratings but slightly different rankings in industry comparisons.
| Feature |
eToro
|
Vantage
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $50 |
| Average Spread EUR/USD - Standard | 1 | 1.30 |
| All-in Cost EUR/USD - Active | N/A | 0.75 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| 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.
eToro and Vantage, both online brokers, offer a range of investment options tailored to meet diverse trading needs. eToro shines with an impressive offering of 5,461 tradeable symbols compared to Vantage's selection of 1,000. Although Vantage surpasses eToro with 61 tradeable forex pairs to eToro's 55, the latter still stands out by providing U.S. and international exchange-traded securities, allowing investors access to major stocks like Apple and Vodafone. In contrast, Vantage does not offer direct trading in these exchange-traded securities. Both platforms support forex trading as CFDs or spot contracts and facilitate copy trading strategies for those who wish to mirror successful traders.
For cryptocurrency enthusiasts, eToro provides the flexibility to buy both actual cryptocurrencies and their derivatives, while Vantage focuses solely on cryptocurrency derivatives. These differences in offerings have led to eToro earning a strong 5-star rating for its range of investments, ranking 10th out of 62 brokers. Vantage, on the other hand, holds a 3.5-star rating and ranks 50th in the same category. This positions eToro as a preferable choice for investors seeking a broader spectrum of investment opportunities.
| Feature |
eToro
|
Vantage
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 1000 |
| Forex Pairs (Total) | 55 | 61 |
| 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 comparing the trading platforms and tools of eToro and Vantage, both brokers offer certain unique features that cater to different trader preferences. eToro stands out with its proprietary in-house developed platform, which is accessible through the web without needing a desktop download. It allows for a seamless trading experience that includes social trading capabilities, such as copy trading, bolstering user engagement. Although eToro doesn't support MetaTrader platforms or additional trading tools like DupliTrade, it excels in providing a wide array of drawing tools, with 161 available, enhancing technical analysis for its users. Despite not offering the ability to trade directly from charts, eToro’s trading platforms and tools have earned it an impressive 4.5-star rating, placing it at #8 out of 62 brokers as ranked by ForexBrokers.com.
Vantage, on the other hand, offers both a proprietary platform and the popular MetaTrader 4 and MetaTrader 5, catering largely to users who prefer a Windows-based desktop trading experience. With support for additional trading tools like DupliTrade, Vantage offers an extended set of functionalities, including the ability to trade directly from stock charts and seven customizable columns for watch lists. However, it provides fewer charting tools with just 15 drawing options compared to eToro. Despite these differences, Vantage maintains a solid reputation, with a 4-star rating for its trading platforms and tools, ranking it #21 according to ForexBrokers.com. Both platforms offer free virtual demo accounts, making them accessible choices for new traders looking to explore their features firsthand.
| Feature |
eToro
|
Vantage
|
|---|---|---|
| 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 | Yes |
| 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.
When it comes to mobile trading apps, both eToro and Vantage cater to iPhone and Android users, offering smooth experiences on both platforms. Users of both apps can receive stock or forex price alerts, ensuring they stay informed of market changes. However, eToro has the added advantage of watchlist symbol syncing, allowing seamless updates across devices, a feature Vantage currently lacks. On the charting front, eToro provides 104 technical studies, far surpassing Vantage's 30. Despite this, Vantage allows traders to draw trend lines on charts and automatically saves chart drawings, offering ease of use not currently mirrored by eToro.
For traders considering flexibility and functionality, both apps cover basic needs, such as viewing multiple time frames and creating watchlists with real-time quotes. However, eToro brings more advanced features like symbol syncing and a wider array of technical studies, evidenced by its higher consumer rating of 4.5 stars compared to Vantage's 4 stars. This difference is reflected in their ranks at ForexBrokers.com, where eToro holds the #10 position, while Vantage stands at #27. This suggests that while both are competitive options, eToro may offer more for users looking for a slightly more feature-rich trading app experience.
| Feature |
eToro
|
Vantage
|
|---|---|---|
| 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.
eToro and Vantage provide competitive options for traders seeking insightful market research. Both platforms offer daily market commentary, ensuring that users remain informed about the latest market trends. Additionally, they both provide tools from Trading Central, including Technical Analytics, as well as sentiment-based trading tools that show a ratio of long or short positions across various instruments. However, eToro distinguishes itself with market research from TipRanks and a slightly higher overall research rating of 4.5 stars compared to Vantage’s 4 stars. eToro also ranks higher in the Research category according to ForexBrokers.com, securing the 13th spot out of 62 brokers.
While eToro succeeds in providing detailed market analysis and research resources, Vantage excels in delivering forex news from top-tier sources like Bloomberg and Reuters, which eToro lacks. Vantage further enhances its offerings by integrating tools from Autochartist, a feature absent in eToro’s lineup. Both brokers, however, include a comprehensive economic calendar that highlights key global news events, keeping traders updated on events that may impact their strategies. Overall, each platform offers unique strengths that cater to the varied research needs of their users.
| Feature |
eToro
|
Vantage
|
|---|---|---|
| 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 | 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 beginner traders, both eToro and Vantage offer substantial support to help newcomers navigate the world of forex and CFDs. eToro provides over ten educational pieces, including articles, videos, and webinars focused on forex and CFDs, as does Vantage. Additionally, both brokers host at least one live educational webinar each month, and they maintain searchable archives of past webinars for convenient learning at any time. This makes it easy for beginners to access the knowledge they need to start their trading journey.
eToro and Vantage both cater to different experience levels by offering at least ten detailed videos for beginners and advanced traders alike. They also provide investor dictionaries with explanations of over 50 investing terms, which are essential for understanding the trading landscape. In terms of educational quality, eToro edges slightly ahead with a 4.5-star rating and ranks fifth in the Education category among 62 brokers according to ForexBrokers.com. Vantage, while also highly regarded, has a 4-star rating and ranks 24th in the same category.
| Feature |
eToro
|
Vantage
|
|---|---|---|
| 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 Vantage. eToro finished with an overall rank of #9, while Vantage finished with an overall rank of #26.
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
|
Vantage
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 90 |
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While both eToro and Vantage offer the ability to trade cryptocurrency derivatives, only eToro allows investors to purchase actual delivered cryptocurrency, making it a more comprehensive platform for cryptocurrency enthusiasts.
eToro stands out by offering ACH and SEPA transfers for depositing and withdrawing funds, unlike Vantage; both brokers support PayPal, Skrill, Visa, Mastercard, and bank wire transactions for a convenient trading experience.
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 | Vantage | |
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| Trust Score | 93 | 90 | |
| Winner | check_circle | ||
| Review | eToro Review | Vantage Review |
| Broker Screenshots | eToro | Vantage | |
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| Regulation | eToro | Vantage | |
|---|---|---|---|
| Trust Score | 93 | 90 | |
| Year Founded | 2007 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | eToro | Vantage | |
|---|---|---|---|
| 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 | 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 | Vantage | |
|---|---|---|---|
| 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 | Vantage | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 1000 | |
| Forex Pairs (Total) | 55 | 61 | |
| 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 | Vantage | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | 1.30 | |
| All-in Cost EUR/USD - Active | N/A | 0.75 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | Vantage | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $50 | |
| 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 | No |
| Trading Platforms | eToro | Vantage | |
|---|---|---|---|
| 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 | Yes | |
| ZuluTrade | No | No |
| Trading Tools | eToro | Vantage | |
|---|---|---|---|
| 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 | Vantage | |
|---|---|---|---|
| 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 | Vantage | |
|---|---|---|---|
| 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 | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Vantage | |
|---|---|---|---|
| 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 | Vantage | |
|---|---|---|---|
| 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 | Vantage Review |
| Overall | eToro | Vantage | |
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| Trust Score | 93 | 90 | |
| Winner | check_circle | ||
| Review | eToro Review | Vantage Review |
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