Scores, winners and data below compare these brokers as CFD/FX brokers: leveraged trading on forex, indices, commodities and crypto. Scores, winners and data below compare these brokers as stock brokers: real shares and ETFs you own outright.
AvaTrade
Regulated in your country AvaTrade is allowed by ASIC to onboard clients residing in Australia.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
eToro
Regulated in your country eToro is allowed by ASIC to onboard clients residing in Australia.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Best for
What we compare A comparison of the kinds of traders AvaTrade and eToro are best suited to, based on what each one actually offers in Australia.AvaTrade is better than eToro for professional traders, scalpers and futures traders, while eToro is better for long-term investors. Both are a good fit for high-volume traders, swing traders and news traders.
| Overall score | AvaTrade 82 not offered | eToro 81 -1 83 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise AvaTrade and the ones that supervise eToro.AvaTrade and eToro are both regulated in Australia, by ASIC.
| Section score | AvaTrade 100 not offered | eToro 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | ||
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that AvaTrade and eToro have in place to protect your money in Australia.Both AvaTrade and eToro offer segregated client funds and two-factor authentication. eToro also offers additional money insurance.
| Section score | AvaTrade 65 -16 not offered | eToro 81 Best 81 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2006 | 2007 |
| Parent company i | Ava Group | eToro Group Ltd |
| CEO i | Dáire Ferguson | Yoni Assia |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | National Westminster Bank, J.P. Morgan SE | Australian Settlements Limited |
| Brand power | ||
| Number of customers worldwide i | 9,000,000 | 4,280,000 |
| Annual revenue i | US$1,340,000,000 | |
| Monthly website search traffic i | 13.2M monthly visits | |
Costs
What we compare A comparison of what it costs to trade with AvaTrade and with eToro in Australia, both on each trade and on holding the account.AvaTrade is better than eToro for CFD/FX costs, as AvaTrade is cheaper on EUR/USD, at US$9 per lot (against eToro's US$11.2), has tighter S&P 500 CFD spreads, at 0.5 points (against eToro's 1.08 points), and has tighter gold CFD spreads, at 0.34 points (against eToro's 0.88 points). Neither AvaTrade nor eToro charges account maintenance fees or deposit fees.
AvaTrade does not offer real stocks, being a CFD broker, so eToro and AvaTrade cannot be compared for real stock costs.
| Section score | AvaTrade 66 Best not offered | eToro 55 -11 76 |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | Free | |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | US$9 | US$11.2 |
| S&P 500 fees (CFD) i | 0.5 points | 1.08 points |
| Gold fees (CFD) i | 0.34 points | 0.88 points |
| Bitcoin fees (CFD) i | US$1,585.8 | |
| US stocks fees (CFD) i | Free | |
| Fees on stocks | ||
| Stock fee type i | Spread | Commission |
| US stocks fees (real) i | US$4 | |
| ETF fees (real) i | Free | |
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | ||
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | Free | |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with AvaTrade and with eToro in Australia, and of how many instruments each one gives access to.AvaTrade is better than eToro for CFD/FX markets, as AvaTrade offers futures on commodities, crypto, forex and indices, which eToro does not, and offers options on forex, which eToro does not. Both AvaTrade and eToro offer CFDs on commodities, crypto, ETFs, forex, indices and stocks.
There is no like-for-like comparison for real stock markets, as AvaTrade is a CFD broker and does not offer real stocks.
| Section score | AvaTrade 100 Best not offered | eToro 85 -15 55 |
|---|---|---|
| Total tradable symbols i | 1,250 | 7,000 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, ETF, Forex, Indices, Stocks | Commodities, Crypto, ETF, Forex, Indices, Stocks |
| Futures i | Commodities, Crypto, Forex, Indices | |
| Options i | Forex | |
| Assets you can own i | Crypto, ETF, Stocks |
Platform
What we compare A comparison of the trading platforms that AvaTrade and eToro make available to their clients in Australia.AvaTrade is better than eToro for platforms, because AvaTrade offers MetaTrader 5, MetaTrader 4 and ZuluTrade, which eToro does not. Both AvaTrade and eToro offer a proprietary platform and social trading.
Only eToro can be assessed for platforms, since AvaTrade is a CFD broker and does not offer real stocks.
| Section score | AvaTrade 92 Best not offered | eToro 84 -8 84 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of AvaTrade and eToro in Australia, and of what each one lets you do from your phone.AvaTrade is better than eToro for mobile trading, as AvaTrade offers the MetaTrader 5 app, the MetaTrader 4 app and mobile trading signals, which eToro does not. AvaTrade and eToro both offer a proprietary mobile app and a social trading app.
eToro and AvaTrade cannot be set side by side for mobile trading, as AvaTrade is a CFD broker and does not offer real stocks, unlike eToro.
| Section score | AvaTrade 100 Best not offered | eToro 87 -13 87 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that AvaTrade and eToro allow on their platforms in Australia.AvaTrade is better than eToro for CFD/FX trading features, because AvaTrade offers VPS hosting, which eToro does not, and allows for scalping and expert advisors. AvaTrade and eToro both offer negative balance protection and trailing stops.
AvaTrade does not offer real stocks, being a CFD broker, so eToro and AvaTrade cannot be compared for real stock trading features.
| Section score | AvaTrade 77 Best not offered | eToro 68 -9 85 |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | Agency |
| Average execution time i | ||
| Slippage occurrence i | ||
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1 | 30:1 |
| Minor/Exotic FX pairs leverage i | 20:1 | 20:1 |
| Major indices leverage i | 20:1 | 20:1 |
| Minor indices leverage i | 10:1 | 10:1 |
| Gold leverage i | 20:1 | 20:1 |
| Commodities leverage i | 10:1 | 10:1 |
| Equities leverage i | 5:1 | 5:1 |
| Cryptocurrency leverage i | 2:1 | 2:1 |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | US$1 | US$10 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at AvaTrade and at eToro in Australia, and of who each one is meant for.AvaTrade is better than eToro for CFD/FX account types, given that AvaTrade offers a professional traders account, an Islamic account and a swap-free account, which eToro does not. Both AvaTrade and eToro offer a demo account and a corporate account.
AvaTrade does not offer real stocks, being a CFD broker, so eToro and AvaTrade cannot be compared for real stock account types.
| Section score | AvaTrade 72 Best not offered | eToro 45 -27 76 |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with AvaTrade and with eToro in Australia.eToro is better than AvaTrade for account opening, given that eToro requires a lower minimum deposit, at US$50 (against AvaTrade's US$70), supports e-wallets, which AvaTrade does not, and credits deposits faster, within the same day (against AvaTrade's 7 days). AvaTrade and eToro both offer credit cards and debit cards.
eToro and AvaTrade cannot be set side by side for account opening, as AvaTrade is a CFD broker and does not offer real stocks, unlike eToro.
| Section score | AvaTrade 62 -7 not offered | eToro 69 Best 69 |
|---|---|---|
| Minimum deposit i | US$70 | US$50 |
| Minimum withdrawal i | US$0 | US$30 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPal, Neteller, Skrill | |
| Local payment methods i | ||
| Account base currencies i | AUD, EUR, USD | USD, AUD |
| Deposit waiting time i | up to 7 business days | Instant |
| Withdrawal waiting time i | up to 10 business days | up to 7 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of AvaTrade and eToro in Australia, in how it can be reached and how fast it answers.eToro is better than AvaTrade for customer care, given that eToro offers a dedicated account manager, priority support and call-back requests, which AvaTrade does not. Both AvaTrade and eToro offer phone support and live chat.
There is no like-for-like comparison for customer care, as AvaTrade is a CFD broker and does not offer real stocks.
| Section score | AvaTrade 67 -11 not offered | eToro 78 Best 78 |
|---|---|---|
| Number of languages supported i | 22 | 7 |
| Website languages i | Afrikaans, Arabic, German, English, Finnish, French, Hungarian, Indonesian, Italian, Korean, Mongolian, Malay, Dutch, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish, Urdu, Chinese | Arabic, German, English, French, Italian, Spanish, Chinese |
| Website available in English i | ||
| Customer support languages i | Afrikaans, Arabic, German, English, Finnish, French, Hungarian, Indonesian, Italian, Korean, Mongolian, Malay, Dutch, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish, Urdu, Chinese | English |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that AvaTrade and eToro provide to their clients in Australia.eToro is better than AvaTrade for learning, because eToro offers professional reports and traders' sentiment, which AvaTrade does not. AvaTrade and eToro both offer education for advanced traders and webinars.
eToro and AvaTrade cannot be set side by side for learning, as AvaTrade is a CFD broker and does not offer real stocks, unlike eToro.
| Section score | AvaTrade 83 -13 not offered | eToro 96 Best 96 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
AvaTrade vs eToro: which one should you choose?
AvaTrade
CFD/FX Choose AvaTrade if you want a CFD and forex broker for scalping with MetaTrader and cTrader platforms.
Open Account CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
eToro
CFD/FX Choose eToro if you want an online CFD broker with a wide choice of markets and quick deposits.
Stocks Choose eToro if you want a share dealing service with a wide choice of markets.
Open Account CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.Other popular comparisons
Below are other head-to-head comparisons that include AvaTrade or eToro, each scored with the same data and method as this page.
