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 comparing commissions and fees, eToro and Spreadex are both rated 4 out of 5 stars, but eToro is ranked higher overall by ForexBrokers.com at #23 out of 36 brokers, while Spreadex sits at #26 out of 36. eToro is a market-maker broker and typically lists a variable spread of 1 pip on EUR/USD, which is a little above the industry average. For most retail traders, eToro’s main appeal is not low trading costs, but its social trading and copy trading features.
Spreadex comes in a bit cheaper on EUR/USD spreads, with an average of 0.81 pips in January 2024 and a minimum spread of 0.6 pips available 60% of the time that month. This makes it the stronger choice of the two if your focus is on tighter spread costs, especially for forex trading. Both brokers still offer different value depending on what you want most: lower fees with Spreadex, or eToro’s easier-to-use social investing platform.
eToro also offers a VIP program called eToro Club, with five membership levels from Silver to Diamond for clients who keep balances between $5,000 and $250,000. These tiers can include benefits such as Trading Central access, lower deposit and withdrawal fees, and a dedicated account manager. In short, eToro and Spreadex both earn the same commission and fees star rating, but Spreadex is usually cheaper on spreads while eToro may be worth it for traders who value extra platform features.
| 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.
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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.
When comparing eToro and Spreadex for trading platforms and tools, both brokers give you a free demo account, a web-based platform, and their own in-house trading platform. Neither broker offers a Windows desktop download platform or supports MetaTrader 4 or MetaTrader 5, and both let you place trades straight from a chart. For everyday traders who want simple browser access, both platforms cover the basics well.
The biggest difference is copy trading: eToro offers it, while Spreadex does not. eToro also stands out with a higher Trading Platforms and Tools rating of 4.5 stars versus Spreadex’s 4 stars, and it ranks much higher with ForexBrokers.com, coming in at #8 out of 36 brokers compared with Spreadex at #35. If you want social trading features and a stronger overall platform score, eToro has the edge; if you just need a straightforward web platform, Spreadex still fits the bill.
| 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 make mobile trading easy to access, since each offers iPhone and Android apps, plus stock and forex price alerts. Both apps also let you draw trendlines on charts, but neither one automatically saves those drawings. Where eToro pulls ahead is with watchlist syncing: changes you make in the app update in your online account and vice versa, while Spreadex does not offer this feature.
For charting, eToro offers 104 technical studies in its mobile app, giving traders more tools for analysis than Spreadex, which does not list a mobile chart study count. That wider feature set helps explain eToro’s stronger mobile trading app score of 4.5 out of 5 and its #10 ranking out of 36 brokers from ForexBrokers.com. Spreadex is still a solid option, but it trails with a 4.0 out of 5 rating and a #34 ranking in the same category.
| 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 |
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eToro and Spreadex both give traders useful market research features, including daily market commentary, forex news from major sources like Bloomberg and Reuters, a sentiment tool showing long and short positions, and an economic calendar for global events. That means both brokers give users a solid way to stay up to date on price moves, news, and market mood.
Where eToro stands out is its access to TipRanks research, while Spreadex offers Autochartist tools that eToro does not. Neither broker includes Trading Central or Acuity Trading tools. Overall, eToro has the edge for research, with a 4.5-star rating and a #12 ranking out of 36 brokers from ForexBrokers.com, compared with Spreadex’s 4-star rating and #28 ranking.
| 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.
For beginners looking for learning tools, eToro has the edge over Spreadex. eToro offers forex and CFD education, monthly educational client webinars, at least 10 beginner videos, and at least 10 advanced videos for more experienced traders. It also scores 4.5 out of 5 for Education and ranks #3 out of 36 brokers on ForexBrokers.com, which points to a wide range of helpful material for people who want to build their trading knowledge step by step.
Spreadex still gives new traders some support, including at least 10 beginner videos, but its education offering is more limited overall. It does not provide monthly educational webinars, and it does not meet the standard for forex or CFD education pieces or advanced video content in the same way eToro does. Spreadex is rated 4 out of 5 for Education and ranks #34 out of 36, so while it can help with basic learning, eToro is the stronger choice for beginners who want more guidance and a broader mix of educational content.
| 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 #33.
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
|
|---|---|---|
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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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