eToro vs EverFX, Who's The Best?
Read our In-Depth eToro vs EverFX Review - for 2025
This review comparing eToro and EverFX has been refreshed for 2025 from seasoned professionals with considerable financial experience across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of eToro vs EverFX does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
EverFX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs EverFX
Every trading platforms feature a few pros and cons, and any comprehensive analysis of eToro vs EverFX would not be regarded as thorough without adopting a balanced approach.
Examine EverFX and eToro to understand how these platforms line up with one another before you open an account. A comparative analysis will place factors in perspective to ensure that you're cognizant of what you should anticipate.
So you are looking for a reputable broker and are choosing between eToro or EverFX. Who is better in 2025?
Our eToro vs EverFX comparison contains the latest information so you can easily compare EverFX against eToro.
If you're a new entrant in the world of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You'll get proficient at all of the concepts of brokerage since you continue trading. For starters, you need to select the ideal agent who'll be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. eToro and EverFX are just two such platforms which will take you along with your investment to great heights. It's crucial to compare eToro vs EverFX before you trust them with your cash.
Our eToro vs EverFX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and EverFX side by side.
Our entire eToro vs EverFX Review covers all you will need to learn about trading using either eToro or EverFX. A fantastic broker can multiply your first investments and provide you positive profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire way to ensure profits; thus, you must carefully assess your agent before you choose them. It's a common misconception that all agents are the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
eToro and EverFX are both brokers that have forged their way successfully into the brokerage world. Within this review, we've tried to collate a number of the important facets of both eToro and EverFX. This review will help you to understand whether either EverFX or eToro is a good fit for your own investments or not. We have tried to breakdown all of the qualities and fees for your convenience.
Benefits of eToro and EverFX Compared
eToro has a minimum deposit of $50 while EverFX has a $10000 minimum deposit.
Why smaller minimum deposits are good and how eToro and EverFX compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
eToro allows you to trade around 100 financial instruments while EverFX allows you to trade around 100 financial instruments on their platform.
The more instruments you can trade on the eToro and EverFX trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of eToro or EverFX.
eToro and EverFX Contact Details
Being able to contact your broker easily is vital. eToro and EverFX have the following contact details and social medias that you can use.
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Broker | eToro | EverFX |
Telephone Number | ||
support@etoro.com | ||
Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | |
eToro Twitter Account | EverFX Twitter Account | |
eToro Facebook Page | EverFX Facebook Page | |
eToro Instagram Account | EverFX Instagram Account | |
eToro LinkedIn Page | EverFX LinkedIn Page | |
YouTube | eToro YouTube Channel | EverFX YouTube Channel |
Find Out More |
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EverFX and eToro Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing eToro and EverFX will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
eToro vs EverFX - Awards
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Broker | eToro | EverFX |
Awards |
eToro have won a lot of industry awards over the time they have been operating as an online trading platform. We detail the most notable awards for eToro here.
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At the time of writing this EverFX review, and despite EverFX’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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eToro vs EverFX - Frequently Asked Questions
eToro vs EverFX - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
EverFX was founded in 2008 and has its head office in Cayman Islands.
What is the minimum deposit for EverFX or eToro
The minimum deposit for eToro is $50.
The minimum deposit for EverFX is $10000.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both eToro and EverFX are a good choice.
eToro vs EverFX - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
EverFX is regulated by Cayman Islands Monetary Authority (CIMA).
Both eToro and EverFX have a powerful set of rules for ensuring honest trading on their individual platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare eToro vs EverFX Commission And Fees
eToro and EverFX are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. That is, an internet broker is not necessarily affected by the amount of clients they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly three types of penalties for this purpose.
The first sort of fees to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading charges. In these instances, you are paying a spread, funding rate, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread refers to the difference between the buying and selling price. Financing or overnight prices are people who are billed when you hold a leveraged position for longer than daily.
Aside from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake in your accounts. They're charged for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, neither eToro or EverFX charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for people who regularly exchange, such as weekly or daily trading.
However, non-trading fees billed by eToro and EverFX are comparatively competitive. As a result, you are charged more for non-trading activities in your trading accounts, such as deposits and withdrawal. These aren't related to the purchase and sale of assets.
This eToro vs EverFX review for 2025 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For eToro And EverFX
What Languages Do eToro And EverFX Support?
Being able to chat completely with your online broker is a key element when comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key factor to success when trading forex.
Here you will find all the languages that both eToro and EverFX support.
How Many Clients Do eToro and EverFX Have?
Both eToro and EverFX are well known and trusted. It is important to work with a broker that is professional and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers eToro and EverFX are working with
What Payment Methods Do eToro and EverFX Accept?
eToro and EverFX both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at eToro and EverFX
What Can You Trade With eToro and EverFX?
eToro offers 100 trading instruments and EverFX offers 93.
Below you will find a full breakdown of what both eToro and EverFX offer.
eToro Review
eToro vs EverFX:
Table Of Contents
- Compare eToro vs EverFX
- Benefits of eToro and EverFX Compared
- EverFX and eToro Mobile App Comparison
- eToro vs EverFX - Awards
- eToro vs EverFX - Frequently Asked Questions
- What is the minimum deposit for EverFX or eToro
- eToro vs EverFX - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And EverFX
- What Languages Do eToro And EverFX Support?
- How Many Clients Do eToro and EverFX Have?
- What Payment Methods Do eToro and EverFX Accept?
- What Can You Trade With eToro and EverFX?