Written by ForexBrokers.com
In this head to head comparison of eToro vs AvaTrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
Overall
Overall
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 AvaTrade are both long-established online brokers, with AvaTrade founded in 2006 and eToro in 2007. Each is not a bank, but both are well regulated and score highly on trust: eToro has a ForexBrokers.com Trust Score of 97 out of 99, while AvaTrade scores 96. By ForexBrokers.com standards, that places both brokers in the highly trusted range.
On the regulatory side, eToro holds 4 Tier-1 licenses and 1 Tier-2 license, while AvaTrade also holds 4 Tier-1 licenses but has 4 Tier-2 licenses. eToro is publicly traded, which can add an extra layer of transparency, while AvaTrade is not listed on a stock exchange. Overall, both brokers compare closely on safety and oversight, with eToro having a slight edge in Trust Score and AvaTrade offering more Tier-2 regulation.
| Feature |
eToro
|
AvaTrade
|
|---|---|---|
| Year Founded | 2007 | 2006 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 4 |
| Tier-2 Licenses | 1 | 4 |
| Tier-3 Licenses | 0 | 1 |
| Tier-4 Licenses | 1 | 1 |
When it comes to commissions and fees, eToro and AvaTrade are both fairly competitive, but they suit different types of traders. eToro is a market-maker broker with a typical variable spread of 1 pip on EUR/USD, which is a bit higher than the industry average. That means it is not usually the first choice for traders focused on very low spreads; instead, many people use eToro for its social trading and copy trading tools. eToro earns 4 out of 5 stars for commissions and fees and ranks #23 out of 36 brokers in this category.
AvaTrade comes in a little stronger on pricing. Its spreads are close to the industry average, at just under 1 pip, with a June 2024 average of 0.9 pips. While that is still slightly higher than some low-cost competitors, AvaTrade’s pricing is generally more attractive than eToro’s for everyday forex trading. If you qualify as a professional trader, AvaTrade’s Professional account can offer spreads as low as 0.6 pips, which is very competitive. AvaTrade is rated 4.5 out of 5 stars for commissions and fees and is ranked #14 out of 36 brokers.
In simple terms, eToro is better known for its easy-to-use trading community and copy trading features, while AvaTrade has the edge on overall fees and spread pricing. If low trading costs are your top priority, AvaTrade is the stronger pick between the two.
| Feature |
eToro
|
AvaTrade
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 |
| Average spread (EUR/USD) - Standard account | 1 | 0.93 |
| All-in Cost EUR/USD - Active | 1 | 0.61 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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When it comes to the range of investments, eToro offers more choice than AvaTrade. eToro provides 7,441 tradeable symbols and 65 forex pairs, compared with AvaTrade’s 1,260 symbols and 53 forex pairs. Both brokers support forex trading as CFDs or spot contracts, and both offer copy trading, but eToro goes further by also letting clients buy real shares on U.S. and international exchanges, such as Apple and Vodafone. AvaTrade does not offer exchange traded securities, so its market access is more focused on CFDs.
eToro also has the edge for cryptocurrency trading. It lets users buy actual crypto as well as crypto CFDs, while AvaTrade only offers crypto CFDs. Based on this wider selection, eToro is rated 5 out of 5 stars for Range of Investments and ranks #10 out of 36 brokers on ForexBrokers.com. AvaTrade is rated 4 out of 5 stars and ranks #27 out of 36, making eToro the stronger pick for traders who want more asset variety.
| Feature |
eToro
|
AvaTrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 1260 |
| Forex Pairs (Total) | 65 | 53 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| 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 AvaTrade both make it easy to get started with a free demo account, and each broker offers its own in-house platform plus web-based trading. Both also support copy trading and let you place trades directly from a stock chart, which can be helpful for active traders who want a simpler way to follow market moves. In ForexBrokers.com’s Trading Platforms and Tools review, both brokers are rated 4.5 out of 5 stars, showing that each delivers a strong overall platform experience.
The main difference is that AvaTrade gives traders more platform choice on desktop, since it offers a Windows download platform along with MetaTrader 4 and MetaTrader 5, while eToro does not support those options. eToro is more streamlined and web-focused, which may suit beginners or anyone who prefers a cleaner setup, while AvaTrade may appeal more to traders who want access to MT4 and MT5. In ForexBrokers.com’s ranking of 36 brokers, eToro places higher at #8 for Trading Platforms and Tools, compared with AvaTrade at #13.
| Feature |
eToro
|
AvaTrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 106 | 80 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing eToro vs. AvaTrade for mobile trading apps, both brokers offer easy-to-use iPhone and Android apps, along with stock and forex price alerts and watchlist syncing between the mobile app and online account. Each app also lets you draw trendlines on charts, but neither one automatically saves those drawings. In short, both platforms cover the key mobile trading basics well and are tied at 4.5 out of 5 stars for this category.
Where eToro pulls ahead is charting depth. Its mobile app includes 104 technical studies, compared with 73 at AvaTrade, which may matter more to traders who rely on chart analysis while on the go. That edge also shows in ForexBrokers.com’s mobile app rankings, where eToro places #10 out of 36 brokers and AvaTrade comes in at #13. For traders who want a slightly stronger mobile charting experience, eToro has the advantage, while AvaTrade still delivers a solid all-around app.
| Feature |
eToro
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AvaTrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | 73 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, eToro has the edge over AvaTrade. eToro provides daily market commentary, forex news from top sources such as Bloomberg and Reuters, a sentiment tool that helps show how traders are positioned, market research from TipRanks, and an economic calendar for upcoming global events. It is also rated 4.5 out of 5 stars for Research and ranks #12 out of 36 brokers in the ForexBrokers.com Research category.
AvaTrade also gives traders access to forex news from top-tier sources, a sentiment tool, and an economic calendar, but it does not offer daily market commentary or TipRanks research. On the other hand, AvaTrade includes Trading Central tools, which eToro does not. Even so, AvaTrade’s Research score is lower at 4 stars, and it ranks #29 out of 36 brokers, making eToro the stronger choice overall for market research.
| Feature |
eToro
|
AvaTrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | Yes |
| 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, both eToro and AvaTrade give new traders plenty of ways to learn. Each broker offers at least 10 forex or CFD learning pieces, monthly online educational webinars, and more than 10 beginner videos, plus more than 10 advanced videos for traders who want to go further. That means both platforms make it easy to start with the basics and keep learning as your trading skills grow.
There are a few differences worth noting. eToro earns a 4.5-star Education rating and ranks #3 out of 36 brokers in ForexBrokers.com’s Education category, while AvaTrade scores 4 stars and ranks #2. So, if you want the higher star rating, eToro stands out; if ranking matters most, AvaTrade comes in slightly ahead. Overall, both are strong choices for beginners looking for clear, helpful trading education.
| Feature |
eToro
|
AvaTrade
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | 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 AvaTrade. eToro finished with an overall rank of #9, while AvaTrade finished with an overall rank of #15.
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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AvaTrade
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|---|---|---|
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| Trust Score | 97 | 96 |
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In the eToro vs AvaTrade comparison for cryptocurrency trading, eToro lets you buy actual (delivered) crypto assets as well as trade crypto CFDs, while AvaTrade limits you to cryptocurrency CFDs only and does not offer direct purchase of real coins.
Comparing eToro vs AvaTrade for deposits and withdrawals: eToro supports ACH/SEPA transfers along with PayPal, Skrill, and bank wire options, while AvaTrade lacks ACH/SEPA but does offer PayPal, Skrill, and bank wire transfers.
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 | AvaTrade | |
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| Trust Score | 97 | 96 | |
| Winner | check_circle | ||
| Review | eToro Review | AvaTrade Review |
| Broker Screenshots | eToro | AvaTrade | |
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| Regulation | eToro | AvaTrade | |
|---|---|---|---|
| Trust Score | 97 | 96 | |
| Year Founded | 2007 | 2006 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 4 | |
| Tier-2 Licenses | 1 | 4 | |
| Tier-3 Licenses | 0 | 1 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | eToro | AvaTrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | Yes | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| 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 | AvaTrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | Yes | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | AvaTrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 1260 | |
| Forex Pairs (Total) | 65 | 53 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| 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 | AvaTrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1 | 0.93 | |
| All-in Cost EUR/USD - Active | 1 | 0.61 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | AvaTrade | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | eToro | AvaTrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | eToro | AvaTrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 80 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | AvaTrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 104 | 73 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | AvaTrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | AvaTrade | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | eToro | AvaTrade | |
|---|---|---|---|
| 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 | AvaTrade Review |
| Overall | eToro | AvaTrade | |
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| Trust Score | 97 | 96 | |
| Winner | check_circle | ||
| Review | eToro Review | AvaTrade Review |
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