eToro vs justforex, Who's The Best?
Read our In-Depth eToro vs justforex Review - 2022 Update
This eToro vs justforex 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 justforex 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.
justforex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs justforex
Every online trading system will have some pros and cons, and no eToro and justforex review would be complete without having a balanced approach. Compare eToro and justforex to understand how they line 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 professional broker and are choosing between eToro or justforex. Who should you choose?
This eToro vs justforex comparison contains the latest information so you can easily compare justforex against eToro.
If you're a new entrant in the world of trading and brokers, so many nuances will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You'll acquire proficient at all the concepts of brokerage since you continue trading. For starters, you need to select the right broker who'll be clear with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. eToro and justforex are just two such trading platforms which will take you along with your investment into great heights. It is important that you compare eToro vs justforex before you trust them with your money.
Our eToro vs justforex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and justforex side by side.
Our full eToro vs justforex Review covers everything you need to know about trading with either eToro or justforex. A fantastic agent can multiply your first investments and give you positive profits. If you want to earn profits, you should trade with a broker service that contrasts with your investing objectives.
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 will be the same, but that is not correct. Wrong judgment, initially, can set your investments at risk.
eToro and justforex are both brokers which have paved their way successfully into the broker world. In this review, we've tried to collate some of the vital facets of both eToro and justforex. This review will allow you to understand whether either justforex or eToro is a fantastic fit for your own investments or not. We've attempted to breakdown all of the features and fees for your advantage.
Benefits of eToro and justforex Compared
eToro has a minimum deposit of $50 while justforex has a $250 minimum deposit.
Why smaller minimum deposits are good and how eToro and justforex 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 justforex allows you to trade around 100 available.
The more instruments you can trade on the eToro and justforex 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 never want to miss out on a trading opportunity due to the limitations of eToro or justforex.
eToro and justforex Contact Details
Being able to contact your broker simply is vital. eToro and justforex have the following contact details and social medias that you can use.
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| Broker | eToro | justforex |
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| support@etoro.com | ||
| Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | |
| eToro Twitter Account | justforex Twitter Account | |
| eToro Facebook Page | justforex Facebook Page | |
| eToro Instagram Account | justforex Instagram Account | |
| eToro LinkedIn Page | justforex LinkedIn Page | |
| YouTube | eToro YouTube Channel | justforex YouTube Channel |
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justforex 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 justforex we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the 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.
Search Functions
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 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 justforex - Awards
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| Broker | eToro | justforex |
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eToro have won a lot of industry awards over the years they have been running as a financial broker. We detail the most notable awards for eToro below.
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At the time of writing this justforex review, and despite justforex’s impressive offering, the company has surprisingly not garnered any awards to date. |
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eToro vs justforex - Frequently Asked Questions
eToro vs justforex - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
justforex was founded in 2010 and has its head office in UK.
What is the minimum deposit for justforex or eToro
The minimum deposit for eToro is $50.
The minimum deposit for justforex is $250.
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 justforex are a good choice.
eToro vs justforex - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
justforex 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-F265.
Both eToro and justforex have a powerful set of rules for ensuring honest trading onto their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare eToro vs justforex Commission And Fees
eToro and justforex are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled better. That is, an online broker isn't necessarily affected by the number 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 primarily 3 different types of fees for this purpose.
The first sort of fees to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In these cases, you're paying a spread, financing rate, 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 flip side, a spread denotes the difference between the buying and selling price. Financing or overnight rates are people that are charged when you hold a leveraged position for longer than daily.
Apart from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake in your account. They are charged for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither eToro or justforex charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who regularly exchange, for example daily or weekly trading.
But, non-trading fees billed by eToro and justforex are relatively competitive. Consequently, you are billed more for non-trading actions in your trading accounts, like deposits and withdrawal. These are not about the sale and purchase of resources.
This eToro vs justforex review for 2022 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For eToro And justforex
What Languages Do eToro And justforex Support?
Being able to talk completely with your online platform is a key element when comparing trading platforms to find your perfect trading partner. 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.
Here you will find all the languages that both eToro and justforex offer communication in.
How Many Clients Do eToro and justforex Have?
Both eToro and justforex are well established with their client base. It is really important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers eToro and justforex have
What Payment Methods Do eToro and justforex Accept?
eToro and justforex 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 justforex
What Can You Trade With eToro and justforex?
eToro offers 100 trading instruments while justforex offers 148.
Below you will find a full breakdown of what both eToro and justforex offer.
Compare eToro To All Other Brokers
Compare justforex To All Other Brokers