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.
Darwinex
Not regulated in your country Darwinex does not accept residents in Australia because it is not regulated by ASIC.
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 Darwinex and eToro are best suited to, based on what each one actually offers in Australia.Darwinex is better than eToro for day traders, scalpers and futures traders. eToro, on the other hand, is better for long-term investors and news traders. Both are a good fit for high-volume traders, swing traders and algo traders.
| Overall score | Darwinex 76 -5 not offered | eToro 81 Best 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 Darwinex and the ones that supervise eToro.Only eToro is regulated in Australia, by ASIC. Darwinex holds no licence in Australia and is regulated by CNMV and the FCA (United Kingdom).
| Section score | Darwinex 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 Darwinex and eToro have in place to protect your money in Australia.Both Darwinex and eToro offer segregated client funds and additional money insurance.
| Section score | Darwinex 74 -7 not offered | eToro 81 Best 81 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2012 | 2007 |
| Parent company i | Tradeslide Trading Tech Limited | eToro Group Ltd |
| CEO i | Juan Colón | Yoni Assia |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | N/A | Australian Settlements Limited |
| Brand power | ||
| Number of customers worldwide i | 4,280,000 | |
| Annual revenue i | US$4,690,000 | 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 Darwinex and with eToro in Australia, both on each trade and on holding the account.Darwinex is better than eToro for CFD/FX costs, because Darwinex is cheaper on EUR/USD, at US$6.5 per lot (against eToro's US$11.2), has tighter S&P 500 CFD spreads, at 0.3 points (against eToro's 1.08 points), and has tighter gold CFD spreads, at 0.59 points (against eToro's 0.88 points). Neither Darwinex nor eToro charges inactivity fees or account maintenance fees.
There is no like-for-like comparison for real stock costs, as Darwinex is a CFD broker and does not offer real stocks.
| Section score | Darwinex 82 Best not offered | eToro 55 -27 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 | US$5 | |
| 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$6.5 | US$11.2 |
| S&P 500 fees (CFD) i | 0.3 points | 1.08 points |
| Gold fees (CFD) i | 0.59 points | 0.88 points |
| Bitcoin fees (CFD) i | US$1,585.8 | |
| US stocks fees (CFD) i | ||
| Fees on stocks | ||
| Stock fee type i | 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 | ||
| 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 Darwinex and with eToro in Australia, and of how many instruments each one gives access to.Darwinex is better than eToro for CFD/FX markets, given that Darwinex offers futures on forex, indices, commodities and bonds, which eToro does not. Both Darwinex and eToro offer CFDs on commodities, crypto, forex, indices and stocks.
eToro and Darwinex cannot be set side by side for real stock markets, as Darwinex is a CFD broker and does not offer real stocks, unlike eToro.
| Section score | Darwinex 100 Best not offered | eToro 85 -15 55 |
|---|---|---|
| Total tradable symbols i | 942 | 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, Forex, Indices, Stocks | Commodities, Crypto, ETF, Forex, Indices, Stocks |
| Futures i | Forex, Indices, Commodities, Bonds | |
| Options i | ||
| Assets you can own i | Crypto, ETF, Stocks |
Platform
What we compare A comparison of the trading platforms that Darwinex and eToro make available to their clients in Australia.eToro is better than Darwinex for platforms, given that eToro offers a proprietary platform, which Darwinex does not. Darwinex and eToro both offer social trading and copy trading.
There is no like-for-like comparison for platforms, as Darwinex is a CFD broker and does not offer real stocks.
| Section score | Darwinex 66 -18 not offered | eToro 84 Best 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 Darwinex and eToro in Australia, and of what each one lets you do from your phone.eToro is better than Darwinex for mobile trading, since eToro offers a social trading app, a copy trading app and mobile charting tools, which Darwinex does not. Darwinex and eToro both offer a proprietary mobile app and mobile price alerts.
eToro and Darwinex cannot be compared for mobile trading, because eToro is a broker offering both CFDs and stocks while Darwinex is a CFD broker.
| Section score | Darwinex 80 -7 not offered | eToro 87 Best 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 Darwinex and eToro allow on their platforms in Australia.Darwinex is better than eToro for CFD/FX trading features, because Darwinex offers VPS hosting, which eToro does not, and allows for scalping and high-frequency trading. Darwinex and eToro both offer negative balance protection and trailing stops. The leverage shown for Darwinex is set by its Seychelles entity and exceeds the retail limit in Australia (30:1 on major currency pairs).
There is no like-for-like comparison for real stock trading features, as Darwinex is a CFD broker and does not offer real stocks.
| Section score | Darwinex 87 Best not offered | eToro 68 -19 85 |
|---|---|---|
| Trade execution | ||
| Broker type i | NDD | Agency |
| Average execution time i | 25 ms | |
| Slippage occurrence i | ||
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 200:1 | 30:1 |
| Minor/Exotic FX pairs leverage i | 100:1 | 20:1 |
| Major indices leverage i | 25:1 | 20:1 |
| Minor indices leverage i | 25:1 | 10:1 |
| Gold leverage i | 50:1 | 20:1 |
| Commodities leverage i | 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$0 | 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 Darwinex and at eToro in Australia, and of who each one is meant for.eToro is better than Darwinex for CFD/FX account types, because eToro offers a corporate account, which Darwinex does not. Both Darwinex and eToro offer a demo account and a copy trading account.
Darwinex does not offer real stocks, being a CFD broker, so eToro and Darwinex cannot be compared for real stock account types.
| Section score | Darwinex 39 -6 not offered | eToro 45 Best 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 Darwinex and with eToro in Australia.eToro is better than Darwinex for account opening, because eToro requires a lower minimum deposit, at US$50 (against Darwinex's US$500), supports e-wallets, which Darwinex does not, and credits deposits faster, within the same day (against Darwinex's 3 days). Both Darwinex and eToro offer credit cards and debit cards. Darwinex holds no licence in Australia.
Only eToro can be assessed for account opening, since Darwinex is a CFD broker and does not offer real stocks. Darwinex holds no licence in Australia.
| Section score | Darwinex 60 -9 not offered | eToro 69 Best 69 |
|---|---|---|
| Minimum deposit i | US$500 | 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 | EUR, USD | USD, AUD |
| Deposit waiting time i | up to 3 business days | Instant |
| Withdrawal waiting time i | up to 3 business days | up to 7 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of Darwinex and eToro in Australia, in how it can be reached and how fast it answers.eToro is better than Darwinex for customer care, because eToro has a website in 7 languages (against Darwinex's 4), and offers a dedicated account manager and priority support, which Darwinex does not. Darwinex and eToro both offer phone support and email support.
There is no like-for-like comparison for customer care, as Darwinex is a CFD broker and does not offer real stocks.
| Section score | Darwinex 27 -51 not offered | eToro 78 Best 78 |
|---|---|---|
| Number of languages supported i | 4 | 7 |
| Website languages i | English, French, Spanish, Chinese | Arabic, German, English, French, Italian, Spanish, Chinese |
| Website available in English i | ||
| Customer support languages i | English | 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 Darwinex and eToro provide to their clients in Australia.eToro is better than Darwinex for learning, given that eToro offers daily market commentary, daily trading ideas and an economic calendar, which Darwinex does not. Darwinex and eToro both offer education for advanced traders and webinars.
eToro and Darwinex cannot be compared for learning, because eToro is a broker offering both CFDs and stocks while Darwinex is a CFD broker.
| Section score | Darwinex 70 -26 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 | ||
Darwinex vs eToro: which one should you choose?
Darwinex
CFD/FX Choose Darwinex if you want a CFD and forex broker with low trading costs, MetaTrader 4 and MetaTrader 5 and live in a country where it is licensed to operate.
Not licensed in Australia 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 regulated in Australia by ASIC, with a wide choice of markets and same-day deposits.
Stocks Choose eToro if you want an online broker for stocks regulated in Australia by ASIC, with crypto and ETFs to own.
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 Darwinex or eToro, each scored with the same data and method as this page.
