AMarkets vs eToro Broker Comparison

Are you trying to figure out which is a better broker, AMarkets or eToro? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that eToro is the better of the two. eToro offers 2,200+ instruments, licenses from FCA, CySec, and fair trading fees.

In the tables below, you can compare the features of AMarkets and eToro side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked eToro higher than AMarkets.

Rating
90/100
94.7/100
Min. Deposit
100$€
1000$
Regulated By
FSA(SVG)FSA(SVG)
FCAFCA
CySecCySec
Bonus
25%
No Information
Min. Spread
0.4
3
Max. Leverage
1:1000
1:400
Currency Pairs
42
47
Trading Instruments
500+
2,200+
Trading Platforms
MT4, MT5
mobile, Private
Deposit Methods
Bank Transfer
Bank transfer, Visa, MasterCard, Skrill, Neteller, Revolut, PayPal and more
Type of Brokers
Market Maker
STP/NDD
Customer Support
24/5
24/5
Language Support
10
20
Established
2007
2007
Used By
350,000 Traders
100,000+ Traders

Does AMarkets or eToro have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive AMarkets and eToro are, we first considered the common fees on Standard Accounts. At AMarkets the average spread for the EUR/USD currency pair is 0.4 pips, whilst at eToro the spread is 3.

This shows that AMarkets is the better option for low-cost forex trading.

When it comes to non-trading fees, AMarkets charges for inactivity. eToro charges for account, deposit. With this in mind, AMarkets has lower non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that eToro is the better option.

Trading Fees*

*Based on Standard account type.

Non-Trading Fees

Which broker is safer, AMarkets or eToro?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

AMarkets is regulated by FSA(SVG) and does not offer client protection. eToro is regulated by FCA, CySec and does not offer client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that eToro is the safer broker.

Broker summary

How many trading instruments are available at AMarkets and eToro?

AMarkets provides traders with 500+ instruments. This includes 42 currency pairs, 7 cryptocurrencies, and 144 stocks and shares. With AMarkets, you can also trade CFDs.

In comparison, eToro boasts 2,200+ tradable instruments. eToro offers 47 currency pairs, 16 cryptocurrencies, and 2041 stocks and shares. eToro also allows CFD trading.

As eToro has 2,200+ and AMarkets has 500+, a difference of 498, this shows that eToro offers more opportunities to diversify your trading portfolio.

Markets and Products

Which broker offers the best trading platform, AMarkets or eToro?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

AMarkets provides you with the ability to trade via 2 trading platforms, and eToro has 2 trading platforms, too. Both brokers also offer research and trading tools, however eToro has more.

Overall, our experts agree that eToro boasts the better trading platform offering.

Research Tools

Which is better for beginners, AMarkets or eToro?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that eToro is the better broker for beginner traders as it offers a larger range of educational tools and materials. eToro also has a minimum deposit of $.

Educational Features

Which broker is better overall?

Overall, our tested reviewing methodology proves that eToro is the better broker in a range of key areas. You can learn more by reading our AMarkets and eToro reviews.

AMarkets vs eToro
AMarkets
90
Points
eToro
94.7
Points
Overall
4 points
AMarkets
50
Points
eToro
85
Points
Commissions & Fees
35 points
AMarkets
Points
eToro
98
Points
Licensing & Safety
98 points
AMarkets
70
Points
eToro
97
Points
Trading Platforms & Tools
27 points
AMarkets
Points
eToro
95
Points
Payments
95 points
AMarkets
Points
eToro
94
Points
Customer Service
94 points
AMarkets
Points
eToro
99
Points
Educational
99 points
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