No broker is perfect, and eToro is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to eToro :

Whatever your reason, we’ve got you covered. We analyse over 150 brokers across 80+ factors, from the competitiveness of their spreads to the quality of their trade execution and regulation. Below are ten of the best eToro alternatives.

Top alternative : XTB

A popular alternative to eToro is XTB, a brokerage regulated by Financial Conduct Authority, KNF, and CMB. and over 16 years in business. Another strong alternative is Markets.com, which is regulated by CySEC, Financial Services Board.

Here are some of the key reasons why traders choose XTB and Markets.com over eToro :

eToro XTB Markets.com
Trust Score AAA AAA B
Regulator Financial Conduct Authority, CySEC, ASIC Financial Conduct Authority CySEC, Financial Services Board
Min. Deposit 200 250 100
Min. Trade $25 0.01 Lot 0.01 Lot
Platforms Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps

If you want to read more about XTB, we’ve put together an in-depth XTB review that explores their platform, spreads, and trading conditions in more detail.

Visit XTB

If XTB isn’t quite right, we’ve also listed ten suitable eToro alternatives below. You can click between the different instruments to compare each broker’s spreads for that instrument.

Risk warning: CFDs are leveraged products and 73% of retail traders lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Spread Comparison for the 10 eToro Alternatives

Visit XTB Website

77% of retail investor accounts lose money when trading CFDs with this provider.

XTB screenshot
Why choose XTB
  • Over 16 years in business
  • Regulated by Financial Conduct Authority, KNF, and CMB.
Visit XTB

Losses can exceed deposits. Your capital is at risk.

Visit Markets.com Website

73% of retail investor accounts lose money when trading CFDs with this provider

Markets.com screenshot
Why choose Markets.com
  • Over 10 years in business
  • Regulated by CySEC, Financial Services Board
Visit Markets.com

Losses can exceed deposits. Your capital is at risk.

Visit Forex.com Website

70% of retail investor accounts lose money when trading CFDs with this provider

Forex.com screenshot
Why choose Forex.com
  • Over 19 years in business
  • Regulated by Financial Conduct Authority
Visit Forex.com

Losses can exceed deposits. Your capital is at risk.

Visit Plus500 Website

80.6% of retail investor accounts lose money when trading CFDs with this provider.

Plus500 screenshot
Why choose Plus500
  • Over 10 years in business
  • Regulated by Financial Conduct Authority (FRN 509909) and Cyprus Securities and Exchange Commission (License No. 250/14). Plus500AU Pty Ltd (ACN 153301681), licensed by: ASIC in Australia, AFSL #417727, FMA in New Zealand, FSP #486026; Authorised Financial Services Provider in South Africa, FSP #47546
Visit Plus500

Losses can exceed deposits. Your capital is at risk.

Visit IG Website

76% of retail investor accounts lose money when trading spread bets and CFDs with this provider

IG screenshot
Why choose IG
  • Over 44 years in business
  • Regulated by Financial Conduct Authority and ASIC
Visit IG

Losses can exceed deposits. Your capital is at risk.

Visit City Index Website

70% of retail investor accounts lose money when trading CFDs with this provider

City Index screenshot
Why choose City Index
  • Over 35 years in business
  • Regulated by Financial Conduct Authority, ASIC and MAS
Visit City Index

Losses can exceed deposits. Your capital is at risk.

Visit Pepperstone Website

78% of Pepperstone Limited’s retail investor accounts lose money when trading CFDs

Pepperstone screenshot
Why choose Pepperstone
  • Over 8 years in business
  • Regulated by ASIC
Visit Pepperstone

Losses can exceed deposits. Your capital is at risk.

Visit LCG Website

79% of retail investor accounts lose money when trading CFDs with this provider

London Capital Group screenshot
Why choose London Capital Group
  • Over 22 years in business
  • Regulated by Financial Conduct Authority, CIMA, and CySEC
Visit London Capital Group

Losses can exceed deposits. Your capital is at risk.

Visit UFX Website

74.3% of retail investor accounts lose money when trading CFDs with UFX.

UFX screenshot
Why choose UFX
  • Over 11 years in business
  • Regulated by CySEC
Visit UFX

Losses can exceed deposits. Your capital is at risk.



Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.