Vantage FX vs eToro Broker Comparison

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Are you trying to figure out which is a better broker, Vantage FX or eToro? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that Vantage FX is the better of the two. Vantage FX offers 300+ instruments, licenses from FCA, ASIC, CIMA, and fair trading fees.

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

Methodology:
This tool uses data collected by our honest Forex experts. All information shown here is correct, regardless of any compensation we receive.
vantage fxeToro
OPEN ACCOUNTReviewReview
RATING95.3/10094.7/100
MIN. DEPOSIT200$1000$
REGULATED BYuk australia cayman-islandsuk europe
BONUS50 USD No Deposit BonusNo Information
MIN. SPREAD1.43
MAX. LEVERAGE1:5001:400
CURRENCY PAIRS4047
TRADING INSTRUMENTS300+2,200+
TRADING PLATFORMSMT4, MT5, WebTrader, PrivateMobile, Private
DEPOSIT METHODSBank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and moreBank transfer, Visa, MasterCard, Skrill, Neteller, Revolut, PayPal and more
TYPE OF BROKERSSTP/ECNSTP/NDD
CUSTOMER SUPPORT24/524/5
LANGUAGE SUPPORT520
ESTABLISHED20092007
USED BY650,000 Traders100,000+ Traders

Does Vantage FX 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 Vantage FX and eToro are, we first considered the common fees on Standard Accounts. At Vantage FX the average spread for the EUR/USD currency pair is 1.4 pips, whilst at eToro the spread is 3.

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

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

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

Trading Fees*

TYPE OF FEEVANTAGE FXETORO
Minimum Spread EURUSD (pips)1.43
Commission (%)00
Commission on Islamic Accounts (%)00

*Based on Standard account type.

Non-Trading Fees

TYPE OF FEEVANTAGE FXETORO
Account FeesNY
Inactivity FeesNN
Deposit FeesNY
Withdrawal FeesNN

Which broker is safer, Vantage FX 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.

Vantage FX is regulated by FCA, ASIC, CIMA 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 eToro is the safer broker.

Broker summary

VANTAGE FXETORO
Minimum Deposit (USD $)2001000
LicensesFCA, ASIC, CIMAFCA, CySec
Max. Leverage1:5001:400
Client ProtectionYY
Broker TypeSTP/ECNSTP/NDD
Number of Instruments300+2,200+
Currency Pairs4047
Stocks1002041
Cryptocurrencies016
CFDsYY
Proprietary Trading PlatformNN
MT 4YN
MT 5YN
Mobile CompatibleNY
Research ToolsYY
Educational MaterialsYY
Payment MethodsBank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and moreBank transfer, Visa, MasterCard, Skrill, Neteller, Revolut, PayPal and more
24/5 Customer SupportYY
Live ChatYY

How many trading instruments are available at Vantage FX and eToro?

Vantage FX provides traders with 300+ instruments. This includes 40 currency pairs, 0 cryptocurrencies, and 100 stocks and shares. With Vantage FX, 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 Vantage FX has 300+, a difference of 298, this shows that eToro offers more opportunities to diversify your trading portfolio.

Markets and Products

INSTRUMENTVANTAGE FXETORO
Currency Pairs4047
Commodities2019
Precious Metals57
Indices1413
Stocks and Shares1002041
Cryptocurrencies016
Options00
ETFs11

Which broker offers the best trading platform, Vantage FX 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.

Vantage FX provides you with the ability to trade via 4 trading platforms, and eToro has 2 trading platforms. Both brokers also offer research and trading tools, however Vantage FX has more.

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

Research Tools

TOOLVANTAGE FXETORO
News (from top-tier sources)YY
Trading Signals and IndicatorsYY
Trade IdeasYY
Expert AnalysisYY
Autochartist ToolsYN
Sentiment ChartsYY
Economic CalendarYY

Which is better for beginners, Vantage FX 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

FEATUREVANTAGE FXETORO
Demo AccountYY
Platform Tutorial VideosYY
Educational PDFsYY
Live WebinarsNY
YouTube VideosYY
Trading AcademyNY
Trading GlossaryNY

Which broker is better overall?

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

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