eToro vs afx group, Updated for 2022
afx group Rating
67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies
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eToro vs afx group Guide
Read our In-Depth eToro vs afx group Review - 2022 Update
This eToro vs afx group 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 afx group 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.
afx group Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs afx group
Every online trading platform will have a few pros and cons, and no eToro and afx group review would be complete without showing both sides. Compare eToro and afx group to understand how they stack 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 afx group. Who is better in 2022?
This eToro vs afx group comparison contains the most recent information so you can easily compare afx group 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 area of trading demands expert assessing skills and comprehensive knowledge. You'll acquire proficient at all the concepts of broker since you keep trading. For starters, you need to select the ideal agent who will be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. eToro and afx group are just two such stages that will take you and your investment to great heights. It's crucial to compare eToro vs afx group until you trust them with your money.
Our eToro vs afx group comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and afx group side by side.
Our full eToro vs afx group Review covers everything you need to learn about trading with either eToro or afx group. A good broker can multiply your first investments and give you positive profits. If you want to make profits, you must trade with a broker service that aligns with your investment objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully assess your agent before you choose them. It is a common misconception that all agents are exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments at risk.
eToro and afx group are both brokers which have paved their way successfully into the broker world. Within this review, we've attempted to collate a number of the important aspects of both eToro and afx group. This review will help you to know whether either afx group or eToro is a good fit for your own investments or not. We have attempted to breakdown all the qualities and fees for your convenience.
Benefits of eToro and afx group Compared
eToro has a minimum deposit of $50 while afx group has a $250 minimum deposit.
Why smaller minimum deposits are good and how eToro and afx group 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 afx group allows you to trade around 100 financial instruments on their platform.
The more financial instruments you can trade on the eToro and afx group 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 afx group.
eToro and afx group Contact Details
Being able to contact your broker easily is important. eToro and afx group 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||afx group Twitter Account|
|eToro Facebook Page||afx group Facebook Page|
|eToro Instagram Account||afx group Instagram Account|
|eToro LinkedIn Page||afx group LinkedIn Page|
|YouTube||eToro YouTube Channel||afx group YouTube Channel|
|Find Out More||
afx group 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 afx group we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
While most brokers are good at this, there are some poor ones. 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 afx group - Awards
eToro have won numerous industry awards over the years they have been running as a financial broker. We list the most notable awards for eToro below.
|At the time of writing this afx group review, and despite afx group’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
eToro vs afx group - Frequently Asked Questions
eToro vs afx group - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
afx group was founded in 2013 and has its head office in Geneva.
What is the minimum deposit for afx group or eToro
The minimum deposit for eToro is $50.
The minimum deposit for afx group is $250.
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 afx group are a good choice.
eToro vs afx group - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
afx group is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F220.
Both eToro and afx group have a strong set of rules for ensuring honest trading onto their individual platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their 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 afx group Commission And Fees
eToro and afx group are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. That is, an online broker isn't necessarily influenced by the amount of customers they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 types of penalties for this purpose.
The first kind of fees to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In these instances, you are spending a spread, financing speed, or a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread refers to the difference between the buying and selling price. Financing or overnight prices are those who are billed when you hold a leveraged position for longer than daily.
Apart from trading fees, online agents also bill 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 afx group charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who often trade, such as weekly or daily trading.
However, non-trading fees billed by eToro and afx group are relatively higher. As a result, you're charged more for non-trading actions in your trading account, such as withdrawal and deposits. These are not about the sale and purchase of resources.
This eToro vs afx group review for 2022 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For eToro And afx group
What Languages Do eToro And afx group Support?
Being able to chat easily with your online broker is a key part of comparing brokers to find the best broker. Not only for support but to be sure you understand everything on their website and inside their application as it is a key factor to success when trading forex.
Below you can find the languages that both eToro and afx group support.
How Many Clients Do eToro and afx group Have?
Both eToro and afx group are well established with their customer base. It is really important to work with an online broker that is reputable and one of the easiest 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 afx group are working with
|Clients / Users||20,000,000+||14,000,000+|
|Find Out More||
What Payment Methods Do eToro and afx group Accept?
eToro and afx group 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 afx group
What Can You Trade With eToro and afx group?
eToro offers 100 trading instruments while afx group offers 103.
Below you will find a full breakdown of what both eToro and afx group offer.
Compare eToro To All Other Brokers
Compare afx group To All Other Brokers
eToro vs afx group:
Table Of Contents
- Compare eToro vs afx group
- Benefits of eToro and afx group Compared
- afx group and eToro Mobile App Comparison
- eToro vs afx group - Awards
- eToro vs afx group - Frequently Asked Questions
- What is the minimum deposit for afx group or eToro
- eToro vs afx group - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And afx group
- What Languages Do eToro And afx group Support?
- How Many Clients Do eToro and afx group Have?
- What Payment Methods Do eToro and afx group Accept?
- What Can You Trade With eToro and afx group?