FP Markets
eToro
Our Rating
80
43
The vast majority of retail investor accounts lose money when trading CFDs.
68% of retail investor accounts lose money when trading CFDs with this provider.

Regulations and Licenses

Feature
FP Markets
eToro
ASIC (Australia)
FCA (UK)
CYSEC (Cyprus)
FSA (Seychelles)

Brokerage

Feature
FP Markets
eToro
EUR/USD Avg. Raw Spread
0.10
-
GBP/USD Avg. Raw Spread
0.20
-
AUD/USD Avg. Raw Spread
0.20
-
EUR/USD Standard Spread
1.1
1.0
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.3
2.0
AUD/USD Avg. Standard Spread
1.3
1.0
Commissions (USD Base)
$3.00
-
Minimum Deposit
$100
$200 (Australia), $50-$100 (EU)
Swap Free Account
No Inactivity Fees
Funding Methods
10+
11+
No Funding Fees

Markets and Instruments

Feature
FP Markets
eToro
Currency Pairs
70+
49+
Cryptocurrency CFDs*
10+
46+
Index CFDs
14+
13+
Share CFDs
12,986+
2000+
Commodities CFD
9+
33+
Stockbroking
2000+
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
400:1
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
500:1
400:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
FP Markets
eToro
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
(not Australia & EU)
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

FP Markets
eToro
Our Rating
800
430
 

How Do eToro vs FP Markets Compare?

Our full comparison covers the 10 most important trading factors you need to know. Here are five quick differences between FP Markets and eToro:

  • FP Markets is best for CFD trading, while eToro focuses on social trading.
  • FP Markets offers an ECN account, eToro doesn’t.
  • eToro is more beginner-friendly, FP Markets targets experienced traders.
  • FP Markets provides lower spreads, eToro’s are comparatively higher.
  • eToro offers a broader range of cryptocurrencies, FP Markets is limited.