eToro vs Interactive Brokers, Who's The Best?
Read our In-Depth eToro vs Interactive Brokers Review - Updated for 2025
This review comparing eToro and Interactive Brokers has been updated to reflect any changes for 2025 from knowledgeable insiders boasting considerable financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of eToro vs Interactive Brokers 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.
Interactive Brokers Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs Interactive Brokers
Each platforms for online trading will have a few advantages and disadvantages, and a complete analysis of eToro vs Interactive Brokers cannnot be regarded as thorough without adopting a fair assessment.
Examine Interactive Brokers and eToro to understand the way they line up to each prior to you choose to make an account. Performing a comprehensive comparison will bring aspects in perspective so that you remain informed about what to expect.
So you are looking for a broker and are choosing between eToro or Interactive Brokers. Who should you choose?
This eToro vs Interactive Brokers comparison contains the most recent information so you can easily compare Interactive Brokers against eToro.
If you are a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You'll acquire adept at all the concepts of broker as you continue trading. For starters, you need to choose the ideal broker who'll be clear with you always.
In this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program has the potential to create hefty returns. eToro and Interactive Brokers are just two such platforms which will take you and your investment into great heights. It is important to compare eToro vs Interactive Brokers until you trust them with your cash.
Our eToro vs Interactive Brokers comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and Interactive Brokers side by side.
Our entire eToro vs Interactive Brokers Review covers all you will need to learn about trading using either eToro or Interactive Brokers. A fantastic agent can multiply your initial investments and give you positive profits. If you want to make profits, you should trade with a broker service that aligns with your investment goals.
There's absolutely no sure-fire method to ensure profits; therefore, you should carefully analyze your broker before you select them. It is a common misconception that all agents will be the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
eToro and Interactive Brokers are both brokers that have forged their way successfully to the broker world. Within this review, we have tried to collate some of the important facets of both eToro and Interactive Brokers. This review will allow you to understand whether either Interactive Brokers or eToro is a good match for your investments or not. We've tried to breakdown all the features and fees for your convenience.
Benefits of eToro and Interactive Brokers Compared
eToro offers a minimum deposit of $50 while Interactive Brokers has a $1 minimum deposit.
Why smaller minimum deposits are good and how eToro and Interactive Brokers 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 Interactive Brokers allows you to trade around 100 financial instruments on their platform.
The more financial instruments you can trade on the eToro and Interactive Brokers 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 never want to miss out on a trading opportunity due to the limitations of eToro or Interactive Brokers.
eToro and Interactive Brokers Contact Details
Being able to contact a broker easily is a sign of a professional broker. eToro and Interactive Brokers have the following contact details and social medias that you can use.
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Broker | eToro | Interactive Brokers |
Telephone Number | +1 203 618 5800 | |
support@etoro.com | support@interactivebrokers.com | |
Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | One Pickwick Plz, Greenwich, Connecticut 06830, US |
eToro Twitter Account | Interactive Brokers Twitter Account | |
eToro Facebook Page | Interactive Brokers Facebook Page | |
eToro Instagram Account | Interactive Brokers Instagram Account | |
eToro LinkedIn Page | Interactive Brokers LinkedIn Page | |
YouTube | eToro YouTube Channel | Interactive Brokers YouTube Channel |
Find Out More |
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Interactive Brokers 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 Interactive Brokers we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. 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 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 Interactive Brokers - Awards
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Broker | eToro | Interactive Brokers |
Awards |
eToro have won a lot of industry awards over the time they have been running as a financial broker. We detail the most recognised awards for eToro here.
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Interactive Brokers have won numerous industry awards over the years they have been running as an online broker. We list the most notable awards for Interactive Brokers here.
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Find Out More |
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eToro vs Interactive Brokers - Frequently Asked Questions
eToro vs Interactive Brokers - Headquarters And Year Of Founding
eToro was founded in 2007 and has its headquaters in Cyprus, UK.
Interactive Brokers was founded in 1977 and has its headquaters in United States.
What is the minimum deposit for Interactive Brokers or eToro
The minimum deposit for eToro is $50.
The minimum deposit for Interactive Brokers is $1.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both eToro and Interactive Brokers are a good option.
eToro vs Interactive Brokers - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
Both eToro and Interactive Brokers have a powerful collection of rules for ensuring fair trading on their own platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their own privacy regulations, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare eToro vs Interactive Brokers Commission And Fees
eToro and Interactive Brokers are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the amount of clients they have.
But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly 3 types of fees for this purpose.
The first sort of charges to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are charged trading fees. In these instances, you're spending a spread, funding speed, or even a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the gap between the buying and selling price. Funding or overnight rates are people that are billed when you hold a leveraged position for more than a day.
Aside from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake on your accounts. They are charged for surgeries like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither eToro or Interactive Brokers charge high fees in comparison to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who regularly trade, such as daily or weekly trading.
However, non-trading fees billed by eToro and Interactive Brokers are relatively lower. Consequently, you are charged more for non-trading actions in your trading account, like withdrawal and deposits. These are not about the purchase and sale of assets.
This eToro vs Interactive Brokers review for 2025 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For eToro And Interactive Brokers
What Languages Do eToro And Interactive Brokers Support?
Being able to talk easily with your trading broker is a key part of comparing online brokers to find the best broker. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key part of success when trading forex.
Below you can find the languages that both eToro and Interactive Brokers offer communication in.
How Many Clients Do eToro and Interactive Brokers Have?
Both eToro and Interactive Brokers are well known and trusted. It is important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many clients eToro and Interactive Brokers are working with
What Payment Methods Do eToro and Interactive Brokers Accept?
eToro and Interactive Brokers 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 Interactive Brokers
What Can You Trade With eToro and Interactive Brokers?
eToro offers 100 trading instruments whilst Interactive Brokers offers 100.
Below you will find a full breakdown of what both eToro and Interactive Brokers offer.
eToro Review
eToro vs Interactive Brokers:
Table Of Contents
- Compare eToro vs Interactive Brokers
- Benefits of eToro and Interactive Brokers Compared
- Interactive Brokers and eToro Mobile App Comparison
- eToro vs Interactive Brokers - Awards
- eToro vs Interactive Brokers - Frequently Asked Questions
- What is the minimum deposit for Interactive Brokers or eToro
- eToro vs Interactive Brokers - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And Interactive Brokers
- What Languages Do eToro And Interactive Brokers Support?
- How Many Clients Do eToro and Interactive Brokers Have?
- What Payment Methods Do eToro and Interactive Brokers Accept?
- What Can You Trade With eToro and Interactive Brokers?