eToro vs Trade.com, Who's The Best?
Read our In-Depth eToro vs Trade.com Review - 2024 Update
This eToro vs Trade.com review has been revised for 2024 from industry experts with extensive expertise in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of eToro vs Trade.com 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.
Trade.com Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs Trade.com
All trading platforms will have some pros and cons, and a complete review of eToro and Trade.com cannnot be regarded as thorough without adopting an objective perspective.
Examine eToro and Trade.com to get a better understanding of how they compare to one another before you make an account. A side-by-side comparison helps to bring aspects into perspective in order that you remain aware of the expectations.
So you are looking for a reputable broker and are choosing between eToro or Trade.com. Which one is best in 2024?
This eToro vs Trade.com comparison contains the latest information so you can easily compare Trade.com against eToro.
If you are a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the area of trading requires expert assessing skills and thorough knowledge. You will acquire adept at all of the concepts of broker as you continue trading. For starters, you have to choose the right agent who will be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. eToro and Trade.com are just two such stages which will take you along with your investment into great heights. It's crucial to compare eToro vs Trade.com before you trust them with your money.
Our eToro vs Trade.com comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and Trade.com side by side.
Our full eToro vs Trade.com Review covers all you will need to know about trading with either eToro or Trade.com. A good broker can multiply your initial investments and give you favorable profits. If you would like to make profits, you should trade with a broker service that contrasts with your investing goals.
There is no sure-fire method to ensure profits; thus, you must carefully analyze your broker before you select them. It is a common misconception that all brokers are the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.
eToro and Trade.com are both brokers which have paved their way successfully to the broker world. Within this review, we've tried to collate some of the important aspects of both eToro and Trade.com. This review can allow you to know whether either Trade.com or eToro is a fantastic match for your investments or not. We've attempted to breakdown all of the qualities and charges for your convenience.
Benefits of eToro and Trade.com Compared
eToro offers a minimum deposit of $50 while Trade.com has a $1 minimum deposit.
Why smaller minimum deposits are good and how eToro and Trade.com 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 Trade.com allows you to trade around 100 available.
The more financial instruments you can trade on the eToro and Trade.com 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 Trade.com.
eToro and Trade.com Contact Details
Being able to contact your broker simply is important. eToro and Trade.com have the following contact details and social medias that you can use.
Broker | eToro | Trade.com |
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Telephone Number | ||
support@etoro.com | ||
Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | |
eToro Twitter Account | Trade.com Twitter Account | |
eToro Facebook Page | Trade.com Facebook Page | |
eToro Instagram Account | Trade.com Instagram Account | |
eToro LinkedIn Page | Trade.com LinkedIn Page | |
YouTube | eToro YouTube Channel | Trade.com YouTube Channel |
Find Out More |
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Trade.com and eToro Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing eToro and Trade.com will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
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 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 Trade.com - Awards
Broker | eToro | Trade.com |
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Awards |
eToro have won a lot of industry awards over the time they have been running as an online trading platform. We detail the most recognised awards for eToro below.
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At the time of writing this Trade.com review, and despite Trade.com’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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eToro vs Trade.com - Frequently Asked Questions
eToro vs Trade.com - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
Trade.com was founded in 2009 and has its head office in Cyprus, UK.
What is the minimum deposit for Trade.com or eToro
The minimum deposit for eToro is $50.
The minimum deposit for Trade.com is $1.
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 Trade.com are a good choice.
eToro vs Trade.com - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Trade.com is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both eToro and Trade.com have a strong set of rules for ensuring honest trading onto their platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare eToro vs Trade.com Commission And Fees
eToro and Trade.com are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. That is, an internet broker is not necessarily influenced by the number of clients they have.
But this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three types of fees for this objective.
The first kind of charges to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading charges. In such instances, you're paying a spread, financing speed, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are those who are charged when you hold a leveraged position for longer than daily.
Apart from trading fees, 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 lengthy periods, or withdrawals.
In general, neither eToro or Trade.com charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who often trade, for example daily or weekly trading.
However, non-trading fees billed by eToro and Trade.com are comparatively higher. Consequently, you're billed more for non-trading actions in your trading accounts, like withdrawal and deposits. These aren't related to the purchase and sale of assets.
This eToro vs Trade.com review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For eToro And Trade.com
What Languages Do eToro And Trade.com Support?
Being able to chat easily with your online platform is a key way of comparing online brokers to find the best trading partner. Not only for support but to ensure you understand everything on their website and inside their application as it is a key part of success when trading forex.
Here you will find the languages that both eToro and Trade.com support.
How Many Clients Do eToro and Trade.com Have?
Both eToro and Trade.com are well established with their customer base. It is really important to work with a broker that is professional and one of the most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many customers eToro and Trade.com have
What Payment Methods Do eToro and Trade.com Accept?
eToro and Trade.com 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 Trade.com
What Can You Trade With eToro and Trade.com?
eToro offers 100 trading instruments whilst Trade.com offers 100.
Below you will find a full breakdown of what both eToro and Trade.com offer.
eToro Review
eToro vs Trade.com:
Table Of Contents
- Compare eToro vs Trade.com
- Benefits of eToro and Trade.com Compared
- Trade.com and eToro Mobile App Comparison
- eToro vs Trade.com - Awards
- eToro vs Trade.com - Frequently Asked Questions
- What is the minimum deposit for Trade.com or eToro
- eToro vs Trade.com - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And Trade.com
- What Languages Do eToro And Trade.com Support?
- How Many Clients Do eToro and Trade.com Have?
- What Payment Methods Do eToro and Trade.com Accept?
- What Can You Trade With eToro and Trade.com?