Two regulated brokers face off on trust, costs, and platform reach. The tension centers on regulatory breadth, platform choice, and product scope.
Find out which broker best suits your trader profile.
Choose if…
Choose eToro if you value social and copy trading with multilingual support.
Choose if…
Choose Spreadex if you want FCA-regulated UK spread betting with TradingView integration and no minimum deposit.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.2/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.5 / 5▲ |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | eToro | Spreadex |
|---|---|---|
| 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 | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Fail | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Fail |
The scores are close: eToro rates 4.2/5 and Spreadex rates 4/5. eToro has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Spreadex starts from 0.6 pips, tighter than eToro's 1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Spreadex has no minimum deposit, while eToro requires at least $50. This makes Spreadex more accessible for traders with limited starting capital.
Both eToro and Spreadex 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: Spreadex has no minimum deposit, removing the capital barrier entirely, 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 Spreadex lists up to 30:1. 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 Spreadex supports Proprietary Web/Mobile, TradingView. Both provide Proprietary Web/Mobile. Spreadex has exclusive access to TradingView.
Spreadex offers tighter spreads from 0.60 pips vs 1.00 pips for eToro, reducing trading costs.
eToro wins for safety and regulation due to broader oversight from FCA, ASIC, CySEC and others.
Spreadex suits active traders with TradingView charts and a larger instrument universe.
Spreadex is better suited for scalpers: tighter spreads from 0.60 pips.
Spreadex wins for platform choice with TradingView integration and a proprietary option.
eToro is best for beginners thanks to social trading and copy features.
Spreadex offers the broader instrument universe with 10,000 markets.
Fees & Spreads 30% weight | 3.9 / 5 | 4.2 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.4 / 5▲ | 4.0 / 5 |
|---|
Customer Support 10% weight | 4.2 / 5▲ | 4.1 / 5 |
|---|
| Founded | 2007 | 1999 |
|---|
| Headquarters | Tel Aviv, Israel | St Albans, Hertfordshire, United Kingdom |
|---|
| Min Deposit | $50 | No minimum▼ lower |
|---|
| Spreads From | 1 pips | 0.6 pips▼ lower |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 30:1 | 30:1 |
|---|
| Inactivity Fee | $10/month (after 12 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardPayPalSkrillApple PayGoogle Pay | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardPayPalSkrill | Bank transferCredit card |
|---|
| Withdrawal Fee | USD 5 per withdrawal | Free |
|---|
| Regulators | ASIC AMF CySEC FCA KNF FSRA MFSA HCMC FSC Finansinspektionen CNB CMA Finanstilsynet MNB FSA Seychelles CMVM Finanstilsynet ASF | FCA |
|---|
| Platforms | Proprietary Web/Mobile | Proprietary Web/Mobile TradingView |
|---|
| Active bonuses |
|---|
No deposit fees
Mobile trading app available
Proprietary trading platform available
24/5 live chat support
Multilingual customer support
Pros
FCA-regulated (190941) UK spread betting on 10,000+ financial markets
TradingView integration for browser-based charting and order execution
UK capital gains tax-free profits on spread bets under current HMRC rules
Unique dual financial and sports spread betting from one FCA account
No minimum deposit and no commission on spread bets
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Phone support available
Cons
Wider FX spreads
Withdrawal fee
No raw spread account option
Inactivity fee applies
No MetaTrader support
Limited charting capabilities
Pricing transparency could be improved
No phone support
Cons
UK residents only - no international client access
No MT4 or MT5 available
Research tools minimal
Not suitable for traders who need raw ECN execution
No raw spread account option
No MetaTrader support
No 24/5 live chat
Support available in limited languages
eToro edges Spreadex on editorial score and broader regulatory oversight.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
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