United States
United Kingdom
Germany
Netherlands
Australia
United Arab Emirates
Canada
Italy
Spain
Austria
Croatia
Serbia
Portugal
CyprusAvaTrade vs eToro
What each one charges, who licenses it, and how they rank against each other country by country.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The short version
We rank both for CFDs in 10 countries, and eToro comes out ahead in every one of them.
We score each country separately, based on the company that would actually hold your account there, so check your own country in the table below.
We haven't found a fee they both publish in a way we can compare fairly, so the table below just shows what each one charges.
Both hold top-tier (tier-1) licences: AvaTrade from ASIC, CBI and CIRO, eToro from FCA, ASIC, SEC / FINRA and NYDFS.
- We list AvaTrade in 11 of the 14 countries we cover and eToro in 12. They overlap in 10.Edge: eToro
- Only AvaTrade offers forex.
- Only eToro offers stocks & ETFs and crypto.
- Only AvaTrade supports MetaTrader 4 and MetaTrader 5.
- eToro gets more search attention than AvaTrade (Market Signal 71 vs 52). That tells you how well known it is, not how good it is.
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
CFD brokers
| Country | AvaTrade | eToro |
|---|---|---|
| Australia | #14 of 1860/100Locally licensed Ava Capital Markets Australia Pty Ltd · ASIC | #2 of 1873/100Locally licensed eToro AUS Capital Limited · ASIC |
| Austria | #11 of 3060/100EU passport AVA Trade EU Ltd · CBI | #2 of 3072/100EU passport eToro (Europe) Ltd · CySEC |
| Croatia | #9 of 2860/100EU passport AVA Trade EU Ltd · CBI | #1 of 2872/100EU passport eToro (Europe) Ltd · CySEC |
| Cyprus | #10 of 3060/100EU passport AVA Trade EU Ltd · CBI | #1 of 3072/100Locally licensed eToro (Europe) Ltd · CySEC |
| Germany | #12 of 3160/100EU passport AVA Trade EU Ltd · CBI | #2 of 3172/100EU passport eToro (Europe) Ltd · CySEC |
| Italy | #12 of 3360/100EU passport AVA Trade EU Ltd · CBI | #2 of 3372/100EU passport eToro (Europe) Ltd · CySEC |
| Netherlands | #11 of 3060/100EU passport AVA Trade EU Ltd · CBI | #3 of 3072/100EU passport eToro (Europe) Ltd · CySEC |
| Portugal | #11 of 3160/100EU passport AVA Trade EU Ltd · CBI | #2 of 3172/100EU passport eToro (Europe) Ltd · CySEC |
| Spain | #12 of 3160/100EU passport AVA Trade EU Ltd · CBI | #2 of 3172/100EU passport eToro (Europe) Ltd · CySEC |
| United Arab Emirates | #10 of 1258/100Locally licensed Ava Trade Middle East Ltd · FSRA (ADGM) | #3 of 1272/100Locally licensed eToro (ME) Limited · FSRA (ADGM) |
| Canada | #4 of 560/100Locally licensed Friedberg Mercantile Group Ltd. (Friedberg Direct) · CIRO | Not listed |
| United Kingdom | Not listed | #3 of 1874/100Locally licensed eToro (UK) Ltd · FCA |
Fees and features side by side
| AvaTrade | eToro | |
|---|---|---|
| Products | Forex, CFDs, Options, Copy trading | Stocks & ETFs, CFDs, Crypto, Copy trading |
| Owner | Not verified yet | eToro Group Ltd (listed on Nasdaq) |
| EUR/USD all-in cost | Not verified yet | Not verified yet |
| US stock commission | Not verified yet | $2 per order |
| Crypto trading fee | Not verified yet | 1%, app fee per trade (no order book) |
| Currency conversion fee | Not verified yet | Not verified yet |
| Inactivity fee | $50 per 3-month inactive period (€50 / £50 on EUR / GBP accounts) | None |
| Withdrawal fee | Not verified yet | Up to $5 |
| Minimum deposit | $100 (Ava Capital Markets Australia Pty Ltd) | $50 (eToro USA Securities Inc.) |
| Instruments | 1,250+ | 10,000+ |
| Fractional shares | Not verified yet | Yes |
| Platforms | MetaTrader 4, MetaTrader 5, WebTrader, AvaTrade App, AvaSocial | eToro web platform, eToro mobile app |
| Deposit methods | Credit/debit card, Wire transfer, Neteller, Skrill, WebMoney | Bank transfer, Credit/debit card, Trustly (online banking), SEPA transfer |
| Withdrawal time (stated) | 1–2 working days | status email within 2 business days; up to 10 business days by method |
| Demo account | Yes | Yes |
| Support | live chat, email | Not verified yet |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (AvaTrade, eToro).
Licences
AvaTrade
- Ava Capital Markets Australia Pty Ltd: ASIC (Tier 1)
- AVA Trade EU Ltd: CBI (Tier 1)
- Ava Capital Markets Pty: FSCA (Tier 2)
- DT Direct Investment Hub Ltd.: CySEC (Tier 2)
- Ava Trade Markets Ltd: FSC BVI (Tier 3 (offshore))
- Ava Trade Middle East Ltd: FSRA (ADGM) (Tier 2)
- Friedberg Mercantile Group Ltd. (Friedberg Direct): CIRO (Tier 1)
eToro
- eToro (Europe) Ltd: CySEC (Tier 2)
- eToro (UK) Ltd: FCA (Tier 1)
- eToro AUS Capital Limited: ASIC (Tier 1)
- eToro USA Securities Inc.: SEC / FINRA (Tier 1)
- eToro (Seychelles) Ltd: FSA Seychelles (Tier 3 (offshore))
- eToro NY LLC: NYDFS (Tier 1)
- eToro (ME) Limited: FSRA (ADGM) (Tier 2)
AvaTrade vs eToro: common questions
Which is better, AvaTrade or eToro?
We rank both for CFDs in 10 countries, and eToro comes out ahead in every one of them. For reference, AvaTrade's best ranking is #4 of 5 CFD brokers in Canada, and eToro's best ranking is #1 of 30 CFD brokers in Cyprus.
Is AvaTrade cheaper than eToro?
We haven't been able to compare their fees like for like yet. The fees table on this page shows what each one publishes.
Is AvaTrade or eToro better regulated?
Both hold top-tier (tier-1) licences: AvaTrade from ASIC, CBI and CIRO, eToro from FCA, ASIC, SEC / FINRA and NYDFS. Which company you actually sign up with depends on where you live; the country table on this page names it for each one.
Can I use both AvaTrade and eToro where I live?
We list AvaTrade in 11 of the 14 countries we cover and eToro in 12. They overlap in 10. For CFDs, you'll find both on our lists in Australia, Austria, Croatia, Cyprus, Germany, Italy, Netherlands and Portugal, among others.