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eToro vs FXTM (2026): Which Broker Is Actually Better?
We compare eToro against FXTM across spreads, regulations, platforms, and trading costs. Read our algorithmic breakdown and expert verdict to find out which broker suits your trading style in 2026.
Verdict: FXTM Wins
After exhaustive side-by-side testing, **FXTM** emerges as the overall winner in this matchup. While eToro remains an excellent choice for social traders, beginners & crypto enthusiasts, FXTM proves superior due to its fca and cysec regulated and low $10 minimum deposit.
eToro vs FXTM: Side-by-Side Comparison
| Feature | | |
|---|---|---|
| Founded | 2007 | 2011 |
| Overall Rating | 4.5/5.0 | 4.4/5.0 |
| Minimum Deposit | $10 - $200 (varies by region) | $10 |
| EUR/USD Spread | 1.0 pips | 0.0 pips (ECN) | 1.5 pips (Standard) |
| Maximum Leverage | 1:30 (Retail) | 1:2000 |
| MetaTrader 4 | No | Yes |
| MetaTrader 5 | No | Yes |
| cTrader | No | No |
| TradingView | No | No |
| Copy Trading | Yes (Industry Leader) | Yes (FXTM Invest) |
| Forex Pairs | 49 | 60+ |
| Deposit Methods | Card, PayPal, Neteller, Skrill, Bank Transfer | Card, Bank, Skrill, Neteller, Local |
| Withdrawal Speed | 2-5 business days | 24 hours |
| Execution Type | Market Maker | ECN / STP |
eToro vs FXTM: Fee Breakdown
When comparing the trading costs between eToro and FXTM, it's essential to look beyond just the advertised spreads. We must factor in commissions, swap rates, and non-trading fees like deposit or inactivity charges. eToro offers pricing characterized by $0 (Spread only) alongside 1.0 pips spreads. In contrast, FXTM utilizes a model with $2/lot (ECN Zero) and 0.0 pips (ECN) | 1.5 pips (Standard) spreads. For active, high-volume traders, FXTM provides the superior cost-efficiency curve.
| Fee Type | eToro | FXTM |
|---|---|---|
| EUR/USD Spread | 1.0 pips | 0.0 pips (ECN) | 1.5 pips (Standard) |
| Commission Defaults | $0 (Spread only) | $2/lot (ECN Zero) |
| Execution Model | Market Maker | ECN / STP |
| Deposit Fees | None | None |
| Withdrawal Speed | 2-5 business days | 24 hours |
Safety & Regulation: Is eToro or FXTM Safer?
Trust is paramount in forex trading. Both eToro and FXTM are highly regulated entities, but their jurisdictional footprints differ. eToro is armed with 4 Tier-1 licenses and has been securing client funds since 2007. FXTM, licensed since 2011, counters with 2 Tier-1 regulatory bodies overseeing its operations. eToro holds a slight edge in absolute tier-1 licenses. Both brokers employ strict client fund segregation.
eToro
Tier 1- Regulators:FCA (UK)ASIC (Australia)CySEC (Cyprus)FinCEN/FINRA (US)
- Investor Protection: £85,000 (UK) / €20,000 (CY)
- Licensed Since: 2007
FXTM
Tier 1- Regulators:FCA (UK)CySEC (Cyprus)FSCA (South Africa)FSC (Mauritius)
- Investor Protection: £85,000 (FSCS) / €20,000 (ICF)
- Licensed Since: 2011
Platform & Tools Comparison
The software you trade on dictates your execution speed and analytical depth. Both brokers provide industry stalwarts, but divergencies exist. eToro equips its clients with eToro Web Platform, eToro Mobile App. FXTM, on the other hand, grants access to MT4, MT5, FXTM Trader App. If you rely on third-party EA automation, this section heavily dictates your broker choice.
| Feature | eToro | FXTM |
|---|---|---|
| MetaTrader 4 | ||
| MetaTrader 5 | ||
| cTrader | ||
| TradingView | ||
| Proprietary Environment | Yes (FXTM Trader) | |
| Copy Trading Network | Yes (Industry Leader) | Yes (FXTM Invest) |
Pros & Cons: eToro vs FXTM
eToro
Pros
- World's leading Social/Copy Trading network (CopyTrader)
- Extremely user-friendly proprietary platform
- Offers real stocks and crypto alongside CFDs
- Vibrant social community feed inside the app
- Highly regulated globally
Cons
- Spreads are wider than discount/ECN competitors
- Not compatible with MT4/MT5
- $5 withdrawal fee and USD base currency only
FXTM
Pros
- FCA and CySEC regulated
- Low $10 minimum deposit
- FXTM Invest copy trading
- Excellent local support in Africa
- Multiple account types
Cons
- High swap rates on some pairs
- ECN account has higher minimum deposit
- No cTrader or TradingView
Expert Verdict: eToro vs FXTM
When we place eToro and FXTM side-by-side, we observe two distinct philosophies in client servicing. eToro, licensed since 2007, has carved out a massive niche focusing on social traders, beginners & crypto enthusiasts. Their execution model heavily leans into Market Maker, and their platform environment highlights eToro Web Platform.
Conversely, FXTM, operational out of Cyprus, has architected its infrastructure predominantly for african & asian traders & copy trading users. Their $2/lot (ECN Zero) commission structure combined with 0.0 pips (ECN) | 1.5 pips (Standard) spreads makes them a formidable competitor.
The Bottom Line: If your primary directive is world's leading social/copy trading network (copytrader), and you intend to start with a minimum of $10 - $200 (varies by region), eToro is the logical path forward. If, however, you value fca and cysec regulated and require MT4, FXTM edges out the competition and earns our recommendation.
eToro vs FXTM: Frequently Asked Questions
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Risk Warning: Forex and CFD trading involves significant risk of loss. 68–80% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.|Affiliate Disclosure: We may receive compensation from the brokers listed on this page. This does not influence our rankings or reviews, which are based on independent analysis.
Comparison data updated February 2026. Broker terms, spreads, and conditions vary by region and account type. See our methodology | Full Disclaimer | Privacy Policy