HFTrading vs eToro Broker Comparison

Are you trying to figure out which is a better broker, HFTrading or eToro? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that HFTrading is the better of the two. HFTrading offers 350+ instruments, licenses from ASIC, NZFMA, and fair trading fees.

In the tables below, you can compare the features of HFTrading 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 HFTrading higher than eToro.

Rating
96.3/100
94.7/100
Min. Deposit
$250$
1000$
Regulated By
ASICASIC
FCAFCA
CySecCySec
Bonus
No Information
No Information
Min. Spread
2.2
3
Max. Leverage
1:400
1:400
Currency Pairs
50
47
Trading Instruments
350+
2,200+
Trading Platforms
MT4, mobile
mobile, Private
Deposit Methods
Bank Transfer, Visa, Mastercard, Skrill, Netseller
Bank transfer, Visa, MasterCard, Skrill, Neteller, Revolut, PayPal and more
Type of Brokers
STP/NDD
STP/NDD
Customer Support
12/5
24/5
Language Support
1
20
Established
2019
2007
Used By
100,000+ Traders
100,000+ Traders

Does HFTrading 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 HFTrading and eToro are, we first considered the common fees on Standard Accounts. At HFTrading the average spread for the EUR/USD currency pair is 2.2 pips, whilst at eToro the spread is 3.

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

When it comes to non-trading fees, HFTrading charges for inactivity, withdrawal. eToro charges for account, deposit. With this in mind, both brokers offer similar non-trading fees.

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

Trading Fees*

*Based on Standard account type.

Non-Trading Fees

Which broker is safer, HFTrading 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.

HFTrading is regulated by ASIC, NZFMA and offers client protection. eToro is regulated by FCA, CySec and offers client protection.

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

Broker summary

How many trading instruments are available at HFTrading and eToro?

HFTrading provides traders with 350+ instruments. This includes 50 currency pairs, 51 cryptocurrencies, and 167 stocks and shares. With HFTrading, 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 HFTrading has 350+, a difference of 348, this shows that eToro offers more opportunities to diversify your trading portfolio.

Markets and Products

Which broker offers the best trading platform, HFTrading 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.

HFTrading 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 HFTrading boasts the better trading platform offering.

Research Tools

Which is better for beginners, HFTrading 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 HFTrading is the better broker in a range of key areas. You can learn more by reading our HFTrading and eToro reviews.

HFTrading vs eToro
HFTrading
96.3
Points
eToro
94.7
Points
Overall
2 points
HFTrading
93
Points
eToro
85
Points
Commissions & Fees
8 points
HFTrading
99
Points
eToro
98
Points
Licensing & Safety
1 points
HFTrading
97
Points
eToro
97
Points
Trading Platforms & Tools
HFTrading
96
Points
eToro
95
Points
Payments
1 points
HFTrading
95
Points
eToro
94
Points
Customer Service
1 points
HFTrading
98
Points
eToro
99
Points
Educational
1 points
Open Account in HFTrading