eToro vs sogotrade, Who's The Best?
Read our In-Depth eToro vs sogotrade Review - Updated for 2025
Our review comparing eToro and sogotrade has been revised for 2025 from seasoned professionals boasting extensive expertise in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of eToro vs sogotrade 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.
sogotrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs sogotrade
Each platforms for online trading feature a few advantages and disadvantages, and a complete eToro and sogotrade review should not be regarded as thorough without adopting a fair assessment.
Assess eToro and sogotrade in order to understand the way they stack up with each prior to you decide to open an account. A comprehensive comparison will put things into perspective to ensure that you are cognizant of what to expect.
So you are looking for an online trading platform and are choosing between eToro or sogotrade. Who is better in 2025?
This eToro vs sogotrade comparison contains the latest information so you can easily compare sogotrade against eToro.
If you are a new entrant in the realm of trading and brokers, so many details will be perplexing for you. Getting into the world of trading requires expert assessing skills and thorough understanding. You'll get adept at all of the concepts of broker as you continue trading. For starters, you have to choose the ideal broker who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment program has the potential to create hefty returns. eToro and sogotrade are two such trading platforms which will take you along with your investment to great heights. It is important to compare eToro vs sogotrade until you trust them with your cash.
Our eToro vs sogotrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and sogotrade side by side.
Our entire eToro vs sogotrade Review covers everything you need to learn about trading with either eToro or sogotrade. A fantastic agent can multiply your first investments and give you positive profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investing objectives.
There is no sure-fire method to guarantee profits; therefore, you should carefully analyze your agent before you select them. It's a common misconception that all agents are the same, but that is not true. Wrong judgment, initially, can set your investments at risk.
eToro and sogotrade are both brokers that have forged their way successfully to the brokerage world. In this review, we've tried to collate a number of the vital aspects of both eToro and sogotrade. This review will allow you to know whether either sogotrade or eToro is a good fit for your investments or not. We have attempted to breakdown all of the qualities and charges for your advantage.
Benefits of eToro and sogotrade Compared
eToro offers a minimum deposit of $50 while sogotrade has a $250 minimum deposit.
Why smaller minimum deposits are good and how eToro and sogotrade 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 sogotrade allows you to trade around 100 financial instruments available.
The more instruments you can trade on the eToro and sogotrade 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 sogotrade.
eToro and sogotrade Contact Details
Being able to contact a broker easily is a sign of a professional broker. eToro and sogotrade have the following contact details and social medias that you can use.
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Broker | eToro | sogotrade |
Telephone Number | ||
support@etoro.com | ||
Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | |
eToro Twitter Account | sogotrade Twitter Account | |
eToro Facebook Page | sogotrade Facebook Page | |
eToro Instagram Account | sogotrade Instagram Account | |
eToro LinkedIn Page | sogotrade LinkedIn Page | |
YouTube | eToro YouTube Channel | sogotrade YouTube Channel |
Find Out More |
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sogotrade 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 sogotrade 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 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. 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 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 sogotrade - Awards
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Broker | eToro | sogotrade |
Awards |
eToro have won a lot of industry awards over the time they have been running as a financial broker. We list the most notable awards for eToro here.
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At the time of writing this sogotrade review, and despite sogotrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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eToro vs sogotrade - Frequently Asked Questions
eToro vs sogotrade - Headquarters And Year Of Founding
eToro was founded in 2007 and has its headquaters in Cyprus, UK.
sogotrade was founded in 2016 and has its head office in USA.
What is the minimum deposit for sogotrade or eToro
The minimum deposit for eToro is $50.
The minimum deposit for sogotrade 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 sogotrade are a good option.
eToro vs sogotrade - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
sogotrade 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-F307.
Both eToro and sogotrade have a powerful collection of rules for ensuring fair trading on their own platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy policies, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare eToro vs sogotrade Commission And Fees
eToro and sogotrade are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. That is, an internet broker isn't necessarily affected by the amount of clients they have.
However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 different types of fees for this objective.
The first kind of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're charged trading fees. In such cases, you're spending a spread, financing rate, or even a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight prices are people 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 dependent on the actions you undertake in your account. They're charged for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither eToro or sogotrade charge high fees compared to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for those who regularly exchange, such as daily or weekly trading.
However, non-trading fees charged by eToro and sogotrade are relatively lower. Consequently, you're billed more for non-trading activities in your trading accounts, like withdrawal and deposits. These are not related to the purchase and sale of assets.
This eToro vs sogotrade review for 2025 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For eToro And sogotrade
What Languages Do eToro And sogotrade Support?
Being able to communicate completely with your online platform is a key way of comparing online brokers to find the best broker. Not only for support but to be sure you understand everything on their website and inside their app as it is a key factor to success when trading forex.
Below you will find the languages that both eToro and sogotrade support.
How Many Clients Do eToro and sogotrade Have?
Both eToro and sogotrade are well established with their client base. It is important to work with an online broker that is professional and one of the easiest ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many users eToro and sogotrade have
What Payment Methods Do eToro and sogotrade Accept?
eToro and sogotrade 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 sogotrade
What Can You Trade With eToro and sogotrade?
eToro offers 100 trading instruments and sogotrade offers 190.
Below you will find a full breakdown of what both eToro and sogotrade offer.
eToro Review
eToro vs sogotrade:
Table Of Contents
- Compare eToro vs sogotrade
- Benefits of eToro and sogotrade Compared
- sogotrade and eToro Mobile App Comparison
- eToro vs sogotrade - Awards
- eToro vs sogotrade - Frequently Asked Questions
- What is the minimum deposit for sogotrade or eToro
- eToro vs sogotrade - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And sogotrade
- What Languages Do eToro And sogotrade Support?
- How Many Clients Do eToro and sogotrade Have?
- What Payment Methods Do eToro and sogotrade Accept?
- What Can You Trade With eToro and sogotrade?