Comparison AvaTrade vs eToro
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare AvaTrade vs eToro. Which of them: AvaTrade or eToro a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of AvaTrade on regular transactions of the stock exchange is average 0.13%, and eToro has a commission fee of 0.09% spread per side. Now, let’s compare commission fees in Forex, the commission fee of AvaTrade is from 1.3 pips, and the commission fee of eToro is from 3 pips. We can also analyze commission fees for trading CFD: they are from 0.13% in AvaTrade vs from 0.09% in eToro. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: from 0.4pips and from 2 pips for AvaTrade and eToro, respectively. You can read more detailed information on commission fees in the online broker reviews.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor are provided to customers by AvaTrade and Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading are provided by eToro. As for platforms, AvaTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while eToro offers Web Platform, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. AvaTrade was founded in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And eToro was founded in 2007 in Cyprus, and it is regulated by CySEC, FCA, ASIC. Withdrawal of funds from AvaTrade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And eToro provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of $25. The withdrawal time for AvaTrade is 1 - 2 business days, and that one for eToro is within 1 business day.
As a result, the rating of AvaTrade is 4.8 stars versus that of eToro of 4.5 stars.