eTorovs
FXTMForex Broker Comparison
In a head-to-head comparison, both brokers push strong regulation and access, yet they diverge on platform style, pricing transparency, and instrument breadth.
Our Verdict
Too close to call
Both brokers are closely matched, but eToro offers far more instruments than FXTM.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FXTM offers MT4/MT5; eToro does not
- 2FXTM provides phone support; eToro does not
- 3Instrument count: eToro 3000 vs FXTM 600
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
eToro offers tighter spreads from 1.00 pips vs 1.50 pips for FXTM, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
eToro vs FXTM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 4.2 / 5 |
eToro vs FXTM Forex Broker Pros & Cons
Pros
Social and copy trading leader
Multi-asset (stocks, crypto, FX)
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
eToro vs FXTM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
eToro
criteria win
5
FXTM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | eToro | FXTM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Fail | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
eToro vs FXTM: Frequently Asked Questions
eToro and FXTM share the same editorial score of 4.2/5. One concrete differentiator: FXTM requires a lower minimum deposit.
eToro starts from 1 pips, tighter than FXTM's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FXTM has $10, while eToro requires at least $50. This makes FXTM more accessible for traders with limited starting capital.
Both eToro and FXTM hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: FXTM requires a lower minimum deposit ($10), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
eToro lists maximum leverage of 30:1, while FXTM lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
eToro supports Proprietary Web/Mobile, while FXTM supports MetaTrader 5, MetaTrader 4. eToro has exclusive access to Proprietary Web/Mobile. FXTM has exclusive access to MetaTrader 5 and MetaTrader 4.
