eToro vs easyMarkets, Who's The Best?
Read our In-Depth eToro vs easyMarkets Review - 2022 Update
This eToro vs easyMarkets 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 easyMarkets 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.
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
Compare eToro vs easyMarkets
Every online trading platform will have some pros and cons, and no eToro and easyMarkets review would be complete without showing both sides. Compare eToro and easyMarkets to understand how they stack up against each other before you make 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 easyMarkets. Who should you choose?
This eToro vs easyMarkets comparison contains the latest information so you can easily compare easyMarkets against eToro.
If you're a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough knowledge. You'll get proficient at all of the concepts of brokerage as you keep trading. For starters, you have to select the right agent who will be clear with you always.
In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. eToro and easyMarkets are two such stages which will take you and your investment into great heights. It is crucial that you compare eToro vs easyMarkets before you trust them with your cash.
Our eToro vs easyMarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and easyMarkets side by side.
Our entire eToro vs easyMarkets Review covers everything you need to know about trading with either eToro or easyMarkets. A good broker can multiply your first investments and give you favorable profits. If you want to make profits, you should trade with a brokerage service that aligns with your investment objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully assess your broker before you choose them. It is a frequent misconception that all agents are exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.
eToro and easyMarkets are both brokers which have paved their way successfully to the brokerage world. In this review, we've attempted to collate a number of the important facets of both eToro and easyMarkets. This review will help you to know whether either easyMarkets or eToro is a good fit for your investments or not. We've attempted to breakdown all of the features and fees for your convenience.
Benefits of eToro and easyMarkets Compared
eToro has a minimum deposit of $50 while easyMarkets offers a $100 minimum deposit.
Why smaller minimum deposits are good and how eToro and easyMarkets 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 easyMarkets has around 100 financial instruments available.
The more instruments you can trade on the eToro and easyMarkets 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 easyMarkets.
eToro and easyMarkets Contact Details
Being able to contact your broker easily is important. eToro and easyMarkets have the following contact details and social medias that you can use.
|Telephone Number||+357 25 828 899|
|Address||24th floor, One Canada Square, Canary Wharf, London, E14 5AB||1 Griva Digheni, Limassol, Limassol 3035, CY|
|eToro Twitter Account||easyMarkets Twitter Account|
|eToro Facebook Page||easyMarkets Facebook Page|
|eToro Instagram Account||easyMarkets Instagram Account|
|eToro LinkedIn Page||easyMarkets LinkedIn Page|
|YouTube||eToro YouTube Channel||easyMarkets YouTube Channel|
|Find Out More||
easyMarkets 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.
In this part of our comparison of eToro and easyMarkets we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the 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 easyMarkets - Awards
eToro have won numerous industry awards over the time they have been running as a financial broker. We detail the most recognised awards for eToro here.
easyMarkets have won many industry awards over the years they have been operating as an online broker. We show the most notable awards for easyMarkets here.
|Find Out More||
eToro vs easyMarkets - Frequently Asked Questions
eToro vs easyMarkets - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
What is the minimum deposit for easyMarkets or eToro
The minimum deposit for eToro is $50.
The minimum deposit for easyMarkets is $100.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both eToro and easyMarkets are a good option.
eToro vs easyMarkets - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Both eToro and easyMarkets have a powerful collection of rules for ensuring honest trading onto their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, client data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare eToro vs easyMarkets Commission And Fees
eToro and easyMarkets are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily influenced by the amount of clients they have.
However, this does not mean that online brokers do not 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 kind of charges to keep an eye out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In such cases, you're spending a spread, funding rate, or a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight rates are those that are billed when you maintain a leveraged position for longer than a day.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake on your account. They are charged for surgeries like depositing cash, not investing for long periods, or withdrawals.
Generally, neither eToro or easyMarkets charge high fees in comparison to other online agents. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who often trade, for example weekly or daily trading.
However, non-trading fees billed by eToro and easyMarkets are relatively higher. As a result, you are billed more for non-trading actions in your trading accounts, such as deposits and withdrawal. These are not about the sale and purchase of assets.
This eToro vs easyMarkets review for 2022 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For eToro And easyMarkets
What Languages Do eToro And easyMarkets Support?
Being able to communicate easily with your online platform is a key part of comparing brokers to find the best broker. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key factor to success when trading forex.
Here you can find the languages that both eToro and easyMarkets offer communication in.
How Many Clients Do eToro and easyMarkets Have?
Both eToro and easyMarkets are well known and trusted. It is important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many users eToro and easyMarkets are working with
What Payment Methods Do eToro and easyMarkets Accept?
eToro and easyMarkets 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 easyMarkets
What Can You Trade With eToro and easyMarkets?
eToro offers 100 trading instruments whilst easyMarkets offers 200.
Below you will find a full breakdown of what both eToro and easyMarkets offer.
Compare eToro To All Other Brokers
Compare easyMarkets To All Other Brokers
eToro vs easyMarkets:
Table Of Contents
- Compare eToro vs easyMarkets
- Benefits of eToro and easyMarkets Compared
- easyMarkets and eToro Mobile App Comparison
- eToro vs easyMarkets - Awards
- eToro vs easyMarkets - Frequently Asked Questions
- What is the minimum deposit for easyMarkets or eToro
- eToro vs easyMarkets - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And easyMarkets
- What Languages Do eToro And easyMarkets Support?
- How Many Clients Do eToro and easyMarkets Have?
- What Payment Methods Do eToro and easyMarkets Accept?
- What Can You Trade With eToro and easyMarkets?