eToro vs FxPro, 2022 Update
Read our In-Depth eToro vs FxPro Review - 2022 Update
This eToro vs FxPro review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this eToro vs FxPro review 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.
FxPro Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs FxPro
Every online trading system will have some pros and cons, and no eToro and FxPro review would be complete without having a balanced approach. Compare eToro and FxPro to understand how they stack up against each other before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a professional broker and are choosing between eToro or FxPro. Which one is best in 2022?
This eToro vs FxPro comparison contains the most recent information so you can easily compare FxPro against eToro.
If you're a new entrant in the world of trading and brokers, so many nuances will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive knowledge. You'll get proficient at all of the concepts of broker as you keep trading. For starters, you have to choose the right agent who'll be clear with you always.
Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. eToro and FxPro are just two such platforms that will take you and your investment to great heights. It's crucial to compare eToro vs FxPro until you trust them with your money.
Our eToro vs FxPro comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and FxPro side by side.
Our entire eToro vs FxPro Review covers all you will need to learn about trading using either eToro or FxPro. A good broker can multiply your first investments and give you favorable profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investment goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully analyze your broker before you choose them. It is a common misconception that all brokers will be exactly the same, but that is not correct. Wrong judgment, initially, can set your investments at risk.
eToro and FxPro are both brokers that have forged their way successfully to the brokerage world. Within this review, we've tried to collate some of the vital aspects of both eToro and FxPro. This review will allow you to know whether either FxPro or eToro is a good fit for your own investments or not. We've tried to breakdown all the qualities and charges for your advantage.
Benefits of eToro and FxPro Compared
eToro offers a minimum deposit of $50 while FxPro has a $100 minimum deposit.
Why smaller minimum deposits are good and how eToro and FxPro 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 has around 100 financial instruments while FxPro has around 100 available.
The more instruments you can trade on the eToro and FxPro 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 FxPro.
eToro and FxPro Contact Details
Being able to contact an online trading platform through many ways is important. eToro and FxPro have the following contact details and social medias that you can use.
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| Broker | eToro | FxPro |
| Telephone Number | +44 203 151 5550 | |
| support@etoro.com | support@fxpro.com | |
| Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | 13-14 Basinghall street, London, City of London EC2V 5BQ" |
| eToro Twitter Account | FxPro Twitter Account | |
| eToro Facebook Page | FxPro Facebook Page | |
| eToro Instagram Account | FxPro Instagram Account | |
| eToro LinkedIn Page | FxPro LinkedIn Page | |
| YouTube | eToro YouTube Channel | FxPro YouTube Channel |
| Find Out More |
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FxPro 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.
In this part of our comparison of eToro and FxPro we'll check whether either of their mobile apps tick all the boxes.
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. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
eToro vs FxPro - Awards
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| Broker | eToro | FxPro |
| Awards |
eToro have won many industry awards over the time they have been operating as an online trading platform. We show the most notable awards for eToro below.
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FxPro have won a lot of industry awards over the time they have been running as an online broker. We list the most recognised awards for FxPro below.
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eToro vs FxPro - Frequently Asked Questions
eToro vs FxPro - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
FxPro was founded in 2006 and has its headquaters in UK.
What is the minimum deposit for FxPro or eToro
The minimum deposit for eToro is $50.
The minimum deposit for FxPro is $100.
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 FxPro are a good choice.
eToro vs FxPro - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
FxPro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA).
Both eToro and FxPro have a strong 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 policies, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare eToro vs FxPro Commission And Fees
eToro and FxPro are online brokerage 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. In other words, an online broker isn't necessarily influenced by the amount of customers they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 types of fees for this objective.
The first sort of charges to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In such instances, you are paying a spread, funding rate, or a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Funding or overnight prices are those that are charged when you hold a leveraged position for longer than daily.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake in your account. They are charged for surgeries like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither eToro or FxPro charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who often exchange, for example daily or weekly trading.
However, non-trading fees billed by eToro and FxPro are comparatively higher. As a result, you are charged more for non-trading actions in your trading account, like withdrawal and deposits. These are not about the sale and purchase of resources.
This eToro vs FxPro review for 2022 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For eToro And FxPro
What Languages Do eToro And FxPro Support?
Being able to talk easily with your trading broker is a key way of comparing online brokers to find your perfect broker. Not only for support but to be sure you understand everything on their website and inside their app as it is a key part of success when trading forex.
Below you will find all the languages that both eToro and FxPro support.
How Many Clients Do eToro and FxPro Have?
Both eToro and FxPro are well established with their customer base. It is really important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many users eToro and FxPro are working with
What Payment Methods Do eToro and FxPro Accept?
eToro and FxPro 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 FxPro
What Can You Trade With eToro and FxPro?
eToro offers 100 trading instruments while FxPro offers 250.
Below you will find a full breakdown of what both eToro and FxPro offer.
Compare eToro To All Other Brokers
Compare FxPro To All Other Brokers