Exness vs eToro
Debating whether Exness or eToro is the right fit for your trading? This broker comparison between Exness and eToro reviews regulation and security, costs and spreads, platforms and tools, product range, funding and withdrawals, and other core factors, giving you a side-by-side view to choose confidently.
Who is Exness?
Exness is a globally recognized online trading broker established in 2008, offering access to a wide range of market products. The broker is known for its transparent trading conditions, fast execution speeds, and flexible account types, with a strong emphasis on global accessibility and support. The official website of Exness is www.exness.com.
The minimum deposit required to start trading with Exness is $10.
Who is eToro?
eToro is a global multi-asset investment platform founded in 2007, best known for pioneering social trading that enables users to follow and copy other investors. The broker offers a wide range of market products, competitive spreads, and a user-friendly platform, with a strong focus on EU support. The official website of eToro is www.etoro.com.
The minimum deposit to start trading with eToro is $50.
Exness vs eToro Side-by-Side Comparison
Exness was launched in 2008 and is licensed by the FSCA (South Africa), FSA (Seychelles), FSC (British Virgin Islands), CBCS (Curaçao), CMA (Kenya), JSC (Jordan), CySEC (Cyprus) and FCA (United Kingdom). The broker's international presence includes local offices in Limassol, London, Cape Town, Amman, Providence, Willemstad and Road Town. To place orders in the different markets, traders can use a variety of trading platforms, including MT4, MT5 and Exness terminal.
The minimum deposit to start trading with Exness is $10, and clients can open accounts in AED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MBT*, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF and ZAR. The broker operates following a hybrid model (A+B Book) and copy trading is available via Exness Copy. Further, Exness supports deposits and withdrawals through bank transfers, credit and debit cards, e-wallets, mobile money and crypto.
In comparison, eToro began operations in 2007 and holds authorisations from the FCA (UK), CySEC (Cyprus), ASIC (Australia), FSRA (ADGM, UAE), MFSA (Malta) and FSA (Seychelles). The company maintains offices in London, Limassol, Hoboken, Sydney and Abu Dhabi. There is only one trading platform available to use, which is the eToro proprietary platform.
The minimum deposit to open an account stands at $50, with accounts' base currencies including USD, EUR and GBP. eToro operates using a hybrid model (A+B Book) and supports copy trading through CopyTrader. Finally, eToro supports deposits and withdrawals through credit and debit cards, bank wire transfers, e-wallets (Skrill, Neteller, PayPal).
Exness vs eToro Market Instruments
Exness offers access to 200+ instruments across various global markets, featuring CFDs on forex, stocks, indices, commodities and cryptocurrencies. The collectionf of products at Exness includes 96 forex pairs, 90 stocks, 10 indices, 18 commodities, and 10 crypto pairs.
eToro, by comparison, offers access to 7,000+ instruments, which include CFDs on forex, stocks, indices, commodities, etfs, cryptocurrencies + real stocks, etfs and crypto. The selection of products at eToro features 62 forex pairs, 6493 stocks, 32 indices, 47 commodities, and 145 crypto pairs.
Exness vs eToro Account Types
Exness vs eToro Spreads Comparison
The figures below reflect minimum and average spreads on standard accounts for Exness and eToro. Actual spreads can change with account type, liquidity, and market volatility, so it is best to verify current figures on each broker’s website.
Minimum spreads comparison: On forex pairs, Exness quotes EUR/USD spreads from 0.2 pips, GBP/USD from 0.2 pips, USD/CAD from 0.2 pips, and CAD/JPY from 0.2 pips. In contrast, eToro publishes EUR/USD spreads from 1.0 pips, GBP/USD from 2.0 pips, USD/CAD from 1.5 pips, and CAD/JPY from 6.0 pips.
For non-forex markets, eToro also quotes XAU/USD (gold) at 0.025%, WTI oil at $0.05, and Bitcoin at 1%. Exness does not provide data about the minimum spreads for these instruments.
Average spreads comparison: Exness publishes averages of 0.9 pips for EUR/USD and 1.1 pips for GBP/USD, along with $0.16 for XAU/USD. eToro does not provide data about the average spreads.
Exness vs eToro Minimum Spreads Comparison
Exness vs eToro Average Spreads Comparison
Costs on Raw/Zero Spread Account
Focusing on costs for raw/zero spread accounts, Exness posts a minimum spread of 0.0 pips and charges a commission of up to $3.50 per side per lot. Meanwhile, eToro does not offer raw/zero spread accounts.
This pricing model for raw/zero spread accounts keeps spreads ultra-tight and compensates the broker mainly through commissions. Since spreads can move with liquidity and volatility, always verify the latest charges on each broker’s website before trading.
Other Features
Exness vs eToro: Wrapping Up the Comparison
Exness and eToro are established, globally regulated brokers, founded in 2008 and 2007, respectively. Exness is supervised by the FSCA (South Africa), FSA (Seychelles), FSC (British Virgin Islands), CBCS (Curaçao), CMA (Kenya), JSC (Jordan), CySEC (Cyprus) and FCA (United Kingdom), while eToro is licensed by the FCA (UK), CySEC (Cyprus), ASIC (Australia), FSRA (ADGM, UAE), MFSA (Malta) and FSA (Seychelles).
Exness is highly accessible with a minimum deposit of $10. To trade various products at Exness, traders can choose between MT4, MT5 and Exness terminal. Additionally, Exness features a flexible lineup of accounts that includes a Standard account, a Raw Spread account, a Zero Spread account, plus Standard Cent and Pro. The broker supports copy trading via Exness Copy. The product range available spans 200+ instruments, and minimum EUR/USD spreads at Exness can start from 0.2 pips.
eToro centers its experience on its eToro proprietary platform and social trading via CopyTrader. The minimum deposit at eToro is $50. The broker provides a Standard account, but it does not offer a Raw/Zero Spread account and does not provide additional account types. Traders can diversify their portfolios with 7,000+ instruments, and the minimum EUR/USD spread at eToro is from 1.0 pips.
In short, Exness suits traders seeking tighter spreads, access to raw pricing and multiple account and platform options, while eToro appeals to those who want a larger instrument selection and a streamlined proprietary platform with strong social-copy features.
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