Interactive Brokers is better than eToro.
Trying to decide between Interactive Brokers and eToro? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.
| Overall Rating | Interactive Brokers | eToro | Plus500 |
|---|---|---|---|
| Overall Rating | 9.2 / 10 | 8.4 / 10 | 8.2 / 10 |
| Account Type | Interactive Brokers | eToro | Plus500 |
|---|---|---|---|
| Standard Account | Yes | Yes | Yes |
| Mini Account | Yes | Yes | Yes |
| Micro Account | No | Yes | Yes |
| Islamic Account | No | No | No |
| Copy Trading | Interactive Brokers | eToro | Plus500 |
|---|---|---|---|
| Social Trading / Copy Trading | No | Yes | No |
| DupliTrade | No | No | No |
| ZuluTrade | No | No | No |
| Cryptocurrency | Interactive Brokers | eToro | Plus500 |
|---|---|---|---|
| Cryptocurrency (Physical) | Yes | Yes | No |
| Crypto Trading | No | No | No |
| Bitcoin | No | Yes | Yes |
| ethereum | No | Yes | Yes |
| Forex Trading | Interactive Brokers | eToro | Plus500 |
|---|---|---|---|
| Forex Trading | No | No | No |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Indices (Index CFDs) | Interactive Brokers | eToro | Plus500 |
|---|---|---|---|
| DAX | Yes | Yes | Yes |
| Dow Jones | Yes | Yes | Yes |
| FTSE | Yes | Yes | Yes |
| NASDAQ 100 | Yes | Yes | Yes |
| Nikkei | Yes | Yes | Yes |
| SP 500 | Yes | Yes | Yes |
| Investments | Interactive Brokers | eToro | Plus500 |
|---|---|---|---|
| Forex Trading | No | No | No |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Spread Betting | No | No | No |
| Social Trading / Copy Trading | No | Yes | No |
| Metals | Yes | Yes | Yes |
| Energies | No | Yes | Yes |
| Agriculturals | Yes | Yes | No |
| ETF | Yes | Yes | Yes |
| U.S. Stocks (CFD) | Yes | Yes | Yes |
| Trading Platforms | Interactive Brokers | eToro | Plus500 |
|---|---|---|---|
| Android App | No | No | No |
| Apple iOS App | Yes | Yes | Yes |
| Proprietary Platform | Yes | Yes | Yes |
| Desktop Platform (Windows) | No | No | No |
| Web Platform | No | No | No |
| MetaTrader 4 (MT4) | No | No | No |
| MetaTrader 5 (MT5) | No | No | No |
| Regulatory Licenses | Interactive Brokers | eToro | Plus500 |
|---|---|---|---|
| Tier-1 Licenses | 8 | 2 | 4 |
| ASIC Authorised (Australia) | Yes | Yes | Yes |
| IIROC Authorised (Canada) | Yes | No | No |
| FCA Authorised (U.K.) | Yes | Yes | Yes |
| SFC Authorised (Hong Kong) | Yes | No | No |
| MAS Authorised (Singapore) | Yes | No | Yes |
| FINMA Authorised (Switzerland) | Yes | No | No |
| CFTC Registered (USA) | Yes | No | No |
| Tier-2 Licenses | 1 | 1 | 3 |
| Tier-3 Licenses | 0 | 0 | 0 |
| Research, Education | Interactive Brokers | eToro | Plus500 |
|---|---|---|---|
| Trading Central (Recognia) | Yes | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No | No |
| Daily Market Commentary | Yes | Yes | Yes |
| Autochartist | No | No | No |
| Investor Dictionary (Glossary) | Yes | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes | No |
| Trading Costs | Interactive Brokers | eToro | Plus500 |
|---|---|---|---|
| Minimum Deposit | $0 | $10-$200 | €100 |
| Average Spread EUR/USD - Standard | 0.6 (From 09/25/21 - 10/02/21) | 1 (August 2021) | 0.6 (as of Aug 2018) |
| All-in Cost EUR/USD - Active | 0.6 (From 09/25/21 - 10/02/21) | -1 | -1 |
| Active Trader or VIP Discounts | Yes | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | No | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | Yes | Yes |
| Trading Tools | Interactive Brokers | eToro | Plus500 |
|---|---|---|---|
| Watchlists - Total Fields | 651 | 6 | 9 |
| Mobile Watchlist | Yes | Yes | Yes |
| Charting - Indicators / Studies (Total) | 127 | 66 | 110 |
| Mobile Charting - Indicators / Studies (INTL) | 98 | 5 | 110 |
| Trust Factors | Interactive Brokers | eToro | Plus500 |
|---|---|---|---|
| Year Founded | 1977 | 2007 | 2008 |
| Publicly Traded (Listed) | Yes | No | Yes |
| Bank | No | No | No |
| Authorised in European Union | Yes | Yes | Yes |
| Trust Score | 99 | 93 | 99 |
