Compare ActivTrades vs eToro
What is ActivTrades? What is eToro?
ActivTrades is a UK-based online broker that offers forex and CFD trading on various platforms. eToro is an Israeli social trading platform that allows users to copy the trades of other investors and trade stocks, ETFs, crypto, and CFDs with zero commissions.
ActivTrades vs eToro Regulation Comparison
ActivTrades is regulated by the Financial Conduct Authority (FCA) in the UK, the Securities Commission of the Bahamas (SCB), and the Dubai Financial Services Authority (DFSA).
eToro is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Financial Markets Authority (FMA) in New Zealand.
ActivTrades vs eToro Trading Assets Comparison
ActivTrades offers more than 500 trading instruments, including forex, indices, commodities, shares, ETFs, and cryptocurrencies. eToro offers more than 2,000 trading instruments, including stocks, ETFs, crypto, commodities, indices, currencies, and CFDs.
ActivTrades vs eToro Trading Fees Comparison
ActivTrades charges low trading fees, mainly in the form of spreads and swaps. The average spread for EUR/USD is 0.6 pips. There are no commissions or account fees. eToro charges low trading fees for stocks and ETFs, which are commission-free.
However, other instruments have higher spreads and overnight fees. The average spread for EUR/USD is 3 pips. There are also non-trading fees such as withdrawal fees and inactivity fees.
ActivTrades vs eToro Account Types Comparison
ActivTrades offers two types of accounts: Individual and Professional. The Individual account has a minimum deposit of $0 and a maximum leverage of 1:30 for retail clients. The Professional account has a minimum deposit of $1,000 and a maximum leverage of 1:400 for eligible clients.
eToro offers only one type of account: Retail. The Retail account has a minimum deposit of $50 ($500 for US clients) and a maximum leverage of 1:30 for EU clients and 1:400 for non-EU clients.
ActivTrades vs eToro Deposit Options Comparison
ActivTrades supports various deposit and withdrawal options, such as bank transfer, credit/debit card, Skrill, Neteller, PayPal, Sofort, and Klarna. There are no deposit or withdrawal fees. The processing time is usually within one business day.
eToro supports fewer deposit and withdrawal options, such as bank transfer, credit/debit card, PayPal, Skrill, Neteller, WebMoney, and Rapid Transfer. There is a $5 withdrawal fee and a $10 inactivity fee per month after one year of no activity. The processing time can take up to several business days.
ActivTrades vs eToro Trading Platforms Comparison
ActivTrades provides three trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and ActivTrader. These platforms are available on web, desktop, and mobile devices. They offer advanced charting tools, indicators, order types, and automated trading features.
eToro provides its own proprietary platform that is also available on web and mobile devices. The platform is user-friendly and intuitive but lacks some customization options and technical analysis tools. The main feature of the platform is the social trading function that allows users to copy the trades of other investors or join thematic portfolios.
ActivTrades vs eToro Analytical Tools Comparison
ActivTrades offers various analytical tools to help traders with their trading decisions, such as market news, economic calendar, trading signals, webinars, videos, articles, and podcasts.
eToro also offers some analytical tools to assist traders with their social trading experience, such as market newsfeed, social charts, sentiment analysis, risk scores, statistics, and performance reports.
ActivTrades vs eToro. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose. It depends on your personal preferences, trading style, and goals. However, here are some possible factors that might help you decide:
- If you are looking for a broker that offers more trading instruments, especially stocks and ETFs, then eToro might be a better choice. eToro has more than 2,000 trading instruments, while ActivTrades has only 500.
- If you are looking for a broker that charges lower trading fees, especially for forex and CFDs, then ActivTrades might be a better choice. ActivTrades has lower spreads and swaps than eToro . eToro also charges withdrawal fees and inactivity fees, while ActivTrades does not .
- If you are looking for a broker that provides more trading platforms and features, then ActivTrades might be a better choice. ActivTrades offers MT4, MT5, and ActivTrader platforms, which have more advanced charting tools, indicators, order types, and automated trading features than eToro’s platform .
- If you are looking for a broker that allows you to copy the trades of other investors or join thematic portfolios, then eToro might be a better choice. eToro is a social trading platform that has a large community of traders and investors that you can follow or copy .
Ultimately, the best way to find out which broker suits you best is to try them out yourself. You can open a demo account with both brokers and test their services before making a decision.
