eToro vs FOREX.com (2026): regulation, platforms and costs compared
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Data refreshed 25 Sep 2026 · Compiled by David Ispiryan
eToro is a well‐regarded forex broker and multi‐asset platform offering broad access to currency markets via web and mobile trading. It provides social trading features, research, and education within an integrated interface…
FOREX.com is a well-regarded forex broker offering broad access to forex markets through web, desktop, and mobile platforms, with research, education, and risk management tools. It operates under applicable regulatory oversight in…
eToro (Israel, founded 2007) holds 3 regulatory licences (ASIC, CySEC, FCA), 2 of them tier-1, offers Proprietary and sits in our low-fee bracket. FOREX.com (United States, founded 2001) holds 4 regulatory licences (ASIC, CFTC, FCA, NFA), 4 of them tier-1, offers MT4, MT5, Proprietary, TradingView and sits in our low-fee bracket. The two overlap in 216 countries; eToro is available in 1 countries where FOREX.com is not, and FOREX.com in 15 where eToro is not.
Verdict at a glance
eToro leads on instrument range.
FOREX.com leads on trust rank, track record, regulatory coverage, platform choice, country coverage and tier-1 licences.
Level on fee level.
Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
Copy Trading, Professional Trading, Retail Trading
Professional Trading, Retail Trading
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.
Pros
eToro
Tier-1 regulation (FCA/ASIC/CySEC)
Negative balance protection
Built-in social/copy trading
Multi-asset CFD account
Spread-only FX pricing
FOREX.com
Multi-jurisdiction regulation (US/UK/CA)
Accepts US clients
Proprietary platform + MT4/MT5 support
Competitive spreads with raw/commission pricing options
Extensive FX pair offering
Cons
eToro
Higher spreads than ECN/STP brokers
No MT4/MT5 or third-party platform support
Market-maker execution (not true ECN/STP)
No guaranteed stop-loss orders
Withdrawal and currency conversion fees
FOREX.com
No CFDs for U.S. clients
FIFO and no-hedging rules on U.S. accounts
No negative balance protection in the U.S.
Inactivity fee after 12 months of no trading
High minimum balance for STP Pro/DMA accounts
Key features
eToro
CFD forex trading on majors minors and exotics
Regulated by FCA CySEC and ASIC with segregated client funds
Social copy trading CopyTrader and Smart Portfolios
Proprietary web and mobile platform with ProCharts and economic calendar
Risk management orders stop loss take profit and negative balance protection
Two factor authentication and KYC AML security controls
FOREX.com
Spot forex and multi asset CFD trading
Top tier regulation and segregated client funds
MetaTrader 4 MetaTrader 5 and Advanced Trading platform
TradingView integration and advanced charting tools
API trading via REST and FIX plus VPS support
Raw pricing with commission and standard spread only accounts
Country availability: eToro vs FOREX.com
Available at both (216): Albania, Algeria, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Canada, Cayman Islands, Chad, Chile, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros and 176 more.
Only eToro (1): Belgium.
Only FOREX.com (15): Afghanistan, American Samoa, Central African Republic, China, Congo, Ethiopia, Guam, Iraq, Lebanon, Mali, Nicaragua, Somalia, Venezuela, Yemen, Zimbabwe.
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
Which is older, eToro or FOREX.com?
FOREX.com is the older of the two, founded in 2001; eToro was founded in 2007.
Are eToro and FOREX.com available in the same countries?
They overlap in 216 countries. eToro is additionally available in 1 countries (Belgium) and FOREX.com in 15 countries (Afghanistan, American Samoa, Central African Republic, China, Congo, Ethiopia and 9 more).
Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.