eToro vs umarkets, 2025 Update
Read our In-Depth eToro vs umarkets Review - 2025 Update
Our eToro vs umarkets review has been revised for 2025 by seasoned professionals with significant financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of eToro vs umarkets 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.
umarkets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs umarkets
Each online trading platforms has a few ups and downs, so a complete analysis of eToro vs umarkets should not be complete without embracing a fair assessment.
Compare umarkets and eToro in order to understand just how they line up against one another prior to you decide to open an account. Conducting a comprehensive comparison will place factors in perspective in order that you're informed about what to expect.
So you are looking for an online trading platform and are choosing between eToro or umarkets. Which one is best in 2025?
This eToro vs umarkets comparison contains the most recent information so you can easily compare umarkets against eToro.
If you're a new entrant in the world of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading requires expert assessing skills and thorough understanding. You'll get adept at all the concepts of brokerage as you keep trading. For starters, you need to choose the ideal broker who will be clear with you always.
Within this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. eToro and umarkets are just two such platforms that will take you along with your investment to great heights. It's important that you compare eToro vs umarkets before you trust them with your cash.
Our eToro vs umarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and umarkets side by side.
Our full eToro vs umarkets Review covers everything you will need to know about trading with either eToro or umarkets. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investing objectives.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully analyze your broker before you select them. It's a frequent misconception that all agents will be the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
eToro and umarkets are both brokers which have found their way successfully to the broker world. In this review, we've attempted to collate a number of the vital aspects of both eToro and umarkets. This review will help you to know whether either umarkets or eToro is a fantastic fit for your investments or not. We have attempted to breakdown all of the features and charges for your convenience.
Benefits of eToro and umarkets Compared
eToro offers a minimum deposit of $50 while umarkets has a $250 minimum deposit.
Why smaller minimum deposits are good and how eToro and umarkets 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 while umarkets allows you to trade around 100 on their platform.
The more instruments you can trade on the eToro and umarkets 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 umarkets.
eToro and umarkets Contact Details
Being able to contact your broker easily is important. eToro and umarkets have the following contact details and social medias that you can use.
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Broker | eToro | umarkets |
Telephone Number | ||
support@etoro.com | ||
Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | |
eToro Twitter Account | umarkets Twitter Account | |
eToro Facebook Page | umarkets Facebook Page | |
eToro Instagram Account | umarkets Instagram Account | |
eToro LinkedIn Page | umarkets LinkedIn Page | |
YouTube | eToro YouTube Channel | umarkets YouTube Channel |
Find Out More |
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umarkets 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 umarkets 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 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 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 umarkets - Awards
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Broker | eToro | umarkets |
Awards |
eToro have won many industry awards over the time they have been running as a financial broker. We list the most recognised awards for eToro here.
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At the time of writing this umarkets review, and despite umarkets’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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eToro vs umarkets - Frequently Asked Questions
eToro vs umarkets - Headquarters And Year Of Founding
eToro was founded in 2007 and has its headquaters in Cyprus, UK.
umarkets was founded in 2018 and has its headquaters in Bulgaria.
What is the minimum deposit for umarkets or eToro
The minimum deposit for eToro is $50.
The minimum deposit for umarkets 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 umarkets are a good option.
eToro vs umarkets - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
umarkets 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-F333.
Both eToro and umarkets have a strong collection of rules for ensuring honest trading on their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their individual privacy policies, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare eToro vs umarkets Commission And Fees
eToro and umarkets are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled much better. In other words, an online broker is not necessarily influenced by the number of customers they have.
But this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily three different types of penalties for this purpose.
The first sort of fees to keep an eye out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are billed trading charges. In these cases, you are paying a spread, funding rate, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Financing or overnight rates are those who are billed when you hold a leveraged position for longer than daily.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They are charged for surgeries like depositing cash, not investing for long periods, or withdrawals.
Generally, neither eToro or umarkets charge high fees compared to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for those who often trade, such as weekly or daily trading.
However, non-trading fees billed by eToro and umarkets are comparatively higher. As a result, you're charged more for non-trading actions in your trading accounts, such as withdrawal and deposits. These aren't about the purchase and sale of resources.
This eToro vs umarkets review for 2025 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For eToro And umarkets
What Languages Do eToro And umarkets Support?
Being able to communicate completely with your online broker is a key element when comparing online brokers to find your perfect trading partner. Not only for support but to ensure 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 umarkets support.
How Many Clients Do eToro and umarkets Have?
Both eToro and umarkets are well known and trusted. 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 clients they already work with.
Below you will find details of how many clients eToro and umarkets are working with
What Payment Methods Do eToro and umarkets Accept?
eToro and umarkets 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 umarkets
What Can You Trade With eToro and umarkets?
eToro offers 100 trading instruments while umarkets offers 216.
Below you will find a full breakdown of what both eToro and umarkets offer.
eToro Review
eToro vs umarkets:
Table Of Contents
- Compare eToro vs umarkets
- Benefits of eToro and umarkets Compared
- umarkets and eToro Mobile App Comparison
- eToro vs umarkets - Awards
- eToro vs umarkets - Frequently Asked Questions
- What is the minimum deposit for umarkets or eToro
- eToro vs umarkets - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And umarkets
- What Languages Do eToro And umarkets Support?
- How Many Clients Do eToro and umarkets Have?
- What Payment Methods Do eToro and umarkets Accept?
- What Can You Trade With eToro and umarkets?