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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
Trust rank #8 · Founded 2007
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…
Read the eToro review
Trust rank #24 · Editorial rating 9 / 10 · Founded 1982
TradeStation forex broker offers forex trading on a well-regarded platform with advanced charting, customizable order tools, and API-driven automation. Users can analyze currency pairs, execute trades, and streamline workflows within a technology-focused…
Read the TradeStation revieweToro (Israel, founded 2007) holds 3 regulatory licences (ASIC, CySEC, FCA), 2 of them tier-1, offers Proprietary and sits in our low-fee bracket. TradeStation (United States, founded 1982) holds 3 regulatory licences (CFTC, FCA, NFA), 3 of them tier-1, offers Proprietary and sits in our low-fee bracket. The two overlap in 213 countries; eToro is available in 4 countries where TradeStation is not, and TradeStation in 20 where eToro is not.
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.
| Criteria | eToro | TradeStation |
|---|---|---|
| Editorial rating | Not verified | 9 / 10 |
| Trust rank | #8 | #24 |
| Founded | 2007 | 1982 |
| Headquarters | Israel | United States |
| Regulators | ASIC, CySEC, FCA | CFTC, FCA, NFA |
| Broker type | Market Maker | Market Maker |
| Platforms | Proprietary | Proprietary |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices, Metals | Forex |
| Countries accepted | 217 countries | 233 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading | Spot Trading |
| Best-for use cases | 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.
Available at both (213): Albania, Algeria, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Cayman Islands, Chad, Chile, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros and 173 more.
Only eToro (4): Canada, Japan, Libya, United States of America.
Only TradeStation (20): Afghanistan, American Samoa, Antarctica, Bouvet Island, British Indian Ocean Territory, Central African Republic, China, Congo, Ethiopia, French Southern Territories, Guam, Heard Island and McDonald Islands, Lebanon, Mali, Nicaragua, Somalia, South Georgia and the South Sandwich Islands, Venezuela, Yemen, Zimbabwe.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
eToro holds more regulatory licences: eToro (ASIC, CySEC, FCA) versus TradeStation (CFTC, FCA, NFA). Tier-1 licences: eToro 2, TradeStation 3.
eToro offers Proprietary; TradeStation offers Proprietary.
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
TradeStation is the older of the two, founded in 1982; eToro was founded in 2007.
They overlap in 213 countries. eToro is additionally available in 4 countries (Canada, Japan, Libya, United States of America) and TradeStation in 20 countries (Afghanistan, American Samoa, Antarctica, Bouvet Island, British Indian Ocean Territory, Central African Republic and 14 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.