eToro vs Startrader, for 2022
Read our In-Depth eToro vs Startrader Review - 2022 Update
This eToro vs Startrader 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 Startrader 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.
Startrader Excluded Countries
United States of America,
Compare eToro vs Startrader
Every online trading platform will have a few ups and downs, and no eToro and Startrader review would be complete without having a balanced approach. Compare eToro and Startrader to understand how they line up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for an online trading platform and are choosing between eToro or Startrader. Who should you choose?
This eToro vs Startrader comparison contains the latest information so you can easily compare Startrader against eToro.
If you're a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You will acquire adept at all of the concepts of brokerage as you keep trading. For starters, you have to select the right broker who'll be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. eToro and Startrader are two such companies that will take you and your investment into great heights. It is important to compare eToro vs Startrader until you trust them with your money.
Our eToro vs Startrader comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and Startrader side by side.
Our full eToro vs Startrader Review covers all you will need to know about trading using either eToro or Startrader. A fantastic agent can multiply your first investments and provide you favorable profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investment objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you should carefully analyze your broker before you select them. It is a common misconception that all brokers are exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.
eToro and Startrader are both brokers which have found their way successfully to the brokerage world. In this review, we have tried to collate a number of the vital aspects of both eToro and Startrader. This review will allow you to understand whether either Startrader or eToro is a fantastic match for your investments or not. We've attempted to breakdown all the features and fees for your advantage.
Benefits of eToro and Startrader Compared
eToro has a minimum deposit of $50 while Startrader has a $50 minimum deposit.
Why smaller minimum deposits are good and how eToro and Startrader 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 whilst Startrader allows you to trade around 100 financial instruments available.
The more financial instruments you can trade on the eToro and Startrader 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 seriously do not want to miss out on a trading opportunity due to the limitations of eToro or Startrader.
eToro and Startrader Contact Details
Being able to contact an online trading platform easily is important. eToro and Startrader have the following contact details and social medias that you can use.
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| Broker | eToro | Startrader |
| Telephone Number | +86 4001 201725 | |
| support@etoro.com | support@startrader.com | |
| Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | Flat/Rm A, 12/F, ZJ300, 300 Lockhart Road, Wan Chai, Hong Kong |
| eToro Twitter Account | Startrader Twitter Account | |
| eToro Facebook Page | Startrader Facebook Page | |
| eToro Instagram Account | Startrader Instagram Account | |
| eToro LinkedIn Page | Startrader LinkedIn Page | |
| YouTube | eToro YouTube Channel | Startrader YouTube Channel |
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Startrader 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 Startrader will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
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 Startrader - Awards
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| Broker | eToro | Startrader |
| Awards |
eToro have won several industry awards over the years they have been running as an online trading platform. We detail the most recognised awards for eToro here.
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At the time of writing this Startrader review, and despite Startrader’s impressive offering, the company has surprisingly not garnered any awards to date. |
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eToro vs Startrader - Frequently Asked Questions
eToro vs Startrader - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
Startrader was founded in 2011 and has its headquaters in Hong Kong.
What is the minimum deposit for Startrader or eToro
The minimum deposit for eToro is $50.
The minimum deposit for Startrader is $50.
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 Startrader are a good choice.
eToro vs Startrader - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Startrader is regulated by Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA).
Both eToro and Startrader have a powerful set of rules for ensuring honest trading onto their individual platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their individual privacy policies, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare eToro vs Startrader Commission And Fees
eToro and Startrader are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. That is, an internet broker isn't necessarily affected by the number of customers they have.
However, this doesn't necessarily 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 different types of fees for this purpose.
The first sort of fees to keep an eye out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're billed trading fees. In these cases, you are paying a spread, funding speed, or a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people that are billed when you hold a leveraged position for longer than daily.
Apart from trading fees, online brokers also charge non-trading fees. These are dependent on the activities you undertake in your account. They're charged for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither eToro or Startrader charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who regularly exchange, for example daily or weekly trading.
However, non-trading fees charged by eToro and Startrader are comparatively greater. Consequently, you are charged more for non-trading activities in your trading account, such as withdrawal and deposits. These aren't about the sale and purchase of resources.
This eToro vs Startrader review for 2022 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For eToro And Startrader
What Languages Do eToro And Startrader Support?
Being able to chat completely with your trading platform is a key part of comparing trading platforms to find your perfect trading partner. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key part of success when trading forex.
Below you will find the languages that both eToro and Startrader offer communication in.
How Many Clients Do eToro and Startrader Have?
Both eToro and Startrader are well known and trusted. It is important to work with an online broker that is professional 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 Startrader have
What Payment Methods Do eToro and Startrader Accept?
eToro and Startrader 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 Startrader
What Can You Trade With eToro and Startrader?
eToro offers 100 trading instruments and Startrader offers 170.
Below you will find a full breakdown of what both eToro and Startrader offer.
Compare eToro To All Other Brokers
Compare Startrader To All Other Brokers