eToro vs Traders Trust, for 2022
Traders Trust Rating
67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies
Losses can exceed deposits
eToro vs Traders Trust Guide
Read our In-Depth eToro vs Traders Trust Review - Updated for 2022
This eToro vs Traders Trust 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 Traders Trust 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.
Traders Trust Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs Traders Trust
Every online trading system has some ups and downs, and no eToro and Traders Trust review would be complete without having a balanced approach. Compare eToro and Traders Trust to understand how they stack up against each other before you create 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 broker and are choosing between eToro or Traders Trust. Who is better in 2022?
Our eToro vs Traders Trust comparison contains the most recent information so you can easily compare Traders Trust against eToro.
If you are a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You will get proficient at all of the concepts of broker since you keep trading. For starters, you have to choose the ideal broker who will be transparent with you always.
Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment program has the potential to create hefty returns. eToro and Traders Trust are two such platforms which will take you and your investment into great heights. It's crucial that you compare eToro vs Traders Trust until you trust them with your cash.
Our eToro vs Traders Trust comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and Traders Trust side by side.
Our full eToro vs Traders Trust Review covers everything you will need to know about trading with either eToro or Traders Trust. A fantastic agent can multiply your initial investments and give you favorable profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment objectives.
There is no sure-fire method to ensure profits; thus, you must carefully assess your broker before you choose them. It is a common misconception that all agents are the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.
eToro and Traders Trust are both brokers that have paved their way successfully to the broker world. Within this review, we have attempted to collate some of the important facets of both eToro and Traders Trust. This review will allow you to know whether either Traders Trust or eToro is a fantastic fit for your own investments or not. We have tried to breakdown all the qualities and charges for your convenience.
Benefits of eToro and Traders Trust Compared
eToro has a minimum deposit of $50 while Traders Trust offers a $100 minimum deposit.
Why smaller minimum deposits are good and how eToro and Traders Trust 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 Traders Trust has around 100 financial instruments available.
The more financial instruments you can trade on the eToro and Traders Trust 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 Traders Trust.
eToro and Traders Trust Contact Details
Being able to contact your broker easily is important. eToro and Traders Trust have the following contact details and social medias that you can use.
|Address||24th floor, One Canada Square, Canary Wharf, London, E14 5AB|
|eToro Twitter Account||Traders Trust Twitter Account|
|eToro Facebook Page||Traders Trust Facebook Page|
|eToro Instagram Account||Traders Trust Instagram Account|
|eToro LinkedIn Page||Traders Trust LinkedIn Page|
|YouTube||eToro YouTube Channel||Traders Trust YouTube Channel|
|Find Out More||
Traders Trust 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 Traders Trust 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 crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Although most brokers do OK in this area, there are some bad apples out there. 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 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 Traders Trust - Awards
eToro have won several industry awards over the years they have been operating as an online trading platform. We show the most notable awards for eToro below.
|At the time of writing this Traders Trust review, and despite Traders Trust’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
eToro vs Traders Trust - Frequently Asked Questions
eToro vs Traders Trust - Headquarters And Year Of Founding
eToro was founded in 2007 and has its headquaters in Cyprus, UK.
Traders Trust was founded in 1998 and has its headquaters in Cyprus.
What is the minimum deposit for Traders Trust or eToro
The minimum deposit for eToro is $50.
The minimum deposit for Traders Trust is $100.
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 Traders Trust are a good option.
eToro vs Traders Trust - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Traders Trust is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Netherlands Authority for the Financial Markets (AFM), Financial Services Authority (FSA).
Both eToro and Traders Trust have a strong collection of rules for ensuring fair trading onto their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare eToro vs Traders Trust Commission And Fees
eToro and Traders Trust are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled better. That is, an internet broker isn't necessarily affected by the amount of clients they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are mainly three different types of fees for this purpose.
The first sort of fees to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're charged trading charges. In such instances, you're spending a spread, funding speed, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight rates are people who are billed when you maintain a leveraged position for more than a day.
Aside from trading fees, online agents also charge non-trading fees. These are determined by the actions you undertake in your accounts. They're billed for surgeries like depositing cash, not trading for long periods, or withdrawals.
In general, neither eToro or Traders Trust 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 is beneficial for those who regularly exchange, such as weekly or daily trading.
However, non-trading fees charged by eToro and Traders Trust are comparatively greater. As a result, you're charged more for non-trading activities on your trading account, such as deposits and withdrawal. These are not related to the purchase and sale of resources.
This eToro vs Traders Trust review for 2022 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For eToro And Traders Trust
What Languages Do eToro And Traders Trust Support?
Being able to chat easily with your online platform is a key way of comparing online brokers to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their app as it is a key factor to success when trading online.
Here you can find the languages that both eToro and Traders Trust offer communication in.
How Many Clients Do eToro and Traders Trust Have?
Both eToro and Traders Trust are well established with their customer base. It is important to work with an online broker that is reputable and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many clients eToro and Traders Trust have
|Clients / Users||20,000,000+||10,000+|
|Find Out More||
What Payment Methods Do eToro and Traders Trust Accept?
eToro and Traders Trust 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 Traders Trust
What Can You Trade With eToro and Traders Trust?
eToro offers 100 trading instruments whilst Traders Trust offers 100.
Below you will find a full breakdown of what both eToro and Traders Trust offer.
Compare eToro To All Other Brokers
Compare Traders Trust To All Other Brokers
eToro vs Traders Trust:
Table Of Contents
- Compare eToro vs Traders Trust
- Benefits of eToro and Traders Trust Compared
- Traders Trust and eToro Mobile App Comparison
- eToro vs Traders Trust - Awards
- eToro vs Traders Trust - Frequently Asked Questions
- What is the minimum deposit for Traders Trust or eToro
- eToro vs Traders Trust - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And Traders Trust
- What Languages Do eToro And Traders Trust Support?
- How Many Clients Do eToro and Traders Trust Have?
- What Payment Methods Do eToro and Traders Trust Accept?
- What Can You Trade With eToro and Traders Trust?