eToro Alternatives: Pros, Cons, And How It Compares 2026 Update
This alternatives to eToro guide has been updated for 2026 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to eToro to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to eToro like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their users. If you feel that eToro is not quite right for you then it would be worth getting a virtual account with a range of the best eToro alternatives and ensuring that they are a better fit for you before moving any money around.
The most in depth guide to eToro alternatives on the web
There are many reasons eToro may not be a good fit for you. Whatever reason you are looking for a new eToro alternative or eToro competitor with similar services, we try to give you as much useful information so you can make an informed choice. Below you will find the most popular eToro alternatives.
For each of the below alternative to eToro, we break down the key differences to eToro and for each section show you the best alternatives. For every eToro alternative trading platform shown we also have detailed trading platform reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with eToro, discover some great alternative brokeragesbrokers|online trading platforms|brokerages.
Having a reputable and dependable broker is vital to your trading success. All of the eToro alternative platforms shown in this eToro alternatives guide have good reputations and can match what you are looking for.
Alternatives With Lower Minimum Deposit
eToro has a minimum desposit of $50, you should see how the minimum deposit requirements of eToro compare with the minimum deposit requirements of eToro competitors. Trading platforms have lower minimum deposits to get traders to join with them, but having higher a minimum deposit isn’t always a bad thing, it all comes down to your individual trading needs.
Alternatives Offering Demo Accounts
eToro offers demo accounts so you can test your trading strategies before risking any real capital. New traders can open a demo account in order to better understand the aspects of Forex trading and test out some of the company’s features before risking a live account.
Below we list some of the best alternatives to eToro that has virtual portfolio accounts.
Alternatives Offering Negative Balance Protection
eToro doesn't offer negative balance protection. If your balance is negative, eToro suggests you promptly contact customer services. So you are able to correct any imbalances within your own account.
Below we list some of the best alternatives to eToro that have negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
eToro |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
eToro regrettably, doesn't provide guaranteed stop loss. eToro gives an opportunity to its dealers to close their trades at their given price. Aside from this, eToro doesn't provide guaranteed stop loss.
Below we list some of the top eToro alternatives that have guaranteed stop loss available for their clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
eToro |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
No, the stipulations of eToro don't condone scalping. It is a trading technique which isn't allowed on the agent's platform. You must consult with eToro's terms and conditions to see more about its own policies.
Below we detail some of the best alternatives to eToro that allow scalping functionality to their clients.
Alternatives That Allow Hedging
The stipulations of eToro don't condone hedging. It's a trading technique that is not allowed on the agent's platform. You must consult with eToro's provisions and conditions to see more about its policies.
Below we detail some of the best alternatives to eToro that offer hedging services to their user base.
Alternatives That Allow Social Trading
eToro's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is independent copy trading..
Below we detail some of the top eToro alternatives that has social trading capabilities.
Alternatives That Allow Copy Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, eToro offers copy trading which gives access to leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of social trading.
Below we detail some of the top alternatives to eToro that have copy trading to their customers
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Table Of Contents
- eToro alternatives with lower minimum deposit requirements
- eToro alternatives with demo accounts
- eToro alternatives with negative balance protection
- eToro alternatives with guaranteed stop loss
- eToro alternatives that allow scalping
- eToro alternatives that allow hedging
- eToro alternatives that allow social trading
- eToro alternatives that allow copy trading
