eToro vs FXCM
eToro or FXCM – which is better for UK traders 2025? Compare eToro and FXCM in this detailed breakdown of their platforms, features and fees.
eToro | FXCM |
---|---|
![]() |
![]() |
eToro is ranked #12 among CFD brokers. | FXCM is ranked #25 among CFD brokers. |
eToro is a leading multi-asset platform providing trading in numerous CFDs, stocks, and cryptoassets. Founded in 2007, it has millions of active traders worldwide and is regulated by top-tier bodies like the FCA and CySEC. The platform's social trading features are especially favoured. Crypto investments are high risk and volatile; taxes might be applicable. Review the risks on the eToro site. 51% of retail CFD accounts incur losses. | FXCM, a reputable forex and CFD broker founded in 1999, is headquartered in the UK. It has garnered multiple accolades and operates in several regions, including the UK and Australia. Offering more than 400 assets and comprehensive analysis tools without any commission charges, FXCM is a favoured option among traders. The broker is also under the regulation of leading bodies such as the FCA, ASIC, CySEC, FSCA, and BaFin. |
51% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. | |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
FCA Regulated | |
Yes | Yes |
Instruments | |
CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs | Forex, Stock CFDs, Commodities CFDs, Crypto CFDs |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$50 | $50 |
Payment Methods | |
Minimum Trade | |
$10 | Variable |
Regulator | |
FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF | FCA, CySEC, ASIC, FSCA, BaFin, CIRO |
Mobile Apps | |
iOS & Android | iOS and Android |
Trading App | |
eToro offers a mobile social trading platform, allowing users to replicate trades, manage accounts, and invest using Android or iOS. Trade major forex pairs conveniently from your mobile device. | |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
Margin Rate | |
1% | |
MetaTrader 4 | |
No | Yes |
MetaTrader 5 | |
No | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | Yes |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
Yes | No |
STP Account | |
Yes | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | Yes |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
Yes | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
Yes | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Auto Trading | |
Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
eToro consistently provides an outstanding proprietary trading platform for clients, free of charge. The web-based system is both intuitive and engaging, complemented by a community chat that appeals to novice traders. The recent 'Live Trades' feature grants immediate access to real-time insights on securities purchased by top investors on the platform. | FXCM provides social and copy trading options for forex, CFDs, and cryptocurrencies via the widely-used ZuluTrade platform. Registration is swift, and you can monitor your trading outcomes instantly. |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | Yes |
Ethical Investing | |
Yes | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$10 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
|
|
Commodities | |
|
|
CFD | |
Trade CFDs across more than 3,000 assets with access to detailed market data through integrated TradingView charts. The eToro Academy provides extensive free learning resources for beginners, featuring specific courses and guides on CFD trading. In 2025, eToro enhanced flexibility for UK clients by enabling direct CFD trading on US assets with GBP. | You can engage in trading various CFD instruments, such as forex, shares, indices, and commodities. Traders have access to a superb choice of platforms, including TradingView and MT4. Additionally, advanced trading tools like API solutions cater to experienced algorithmic traders. |
Leverage | |
1:30 | 1:400 |
FTSE Spread | |
1.5 | 1.18 pts var* |
GBPUSD Spread< | |
1.9 | 0.5 pips* |
Oil Spread | |
0.05 | 0.05 (var)* |
Stocks Spread | |
0.57 (Apple) | 0.2% Var* |
Forex | |
A broad range of 55 currencies is offered, with competitive spreads averaging 0.9 pips on EUR/USD during peak trading hours. Traders can refine their forex strategies by seamlessly transitioning between demo and live accounts, retaining full access to over 100 technical indicators provided by the broker. | FXCM provides a selection of over 40 currency pairs. There are no commission charges, and spreads are competitive, starting at 0.78 pips for EUR/USD. Additionally, the broker features three forex baskets, focusing on USD, Yen, and emerging market benchmarks. |
Assets | |
55 | 40 |
GBPUSD Spread | |
1.9 | 0.5 pips var* |
EURUSD Spread | |
0.9 | 0.2 pips var* |
EURGBP Spread | |
1.3 | 0.5 pips var* |
Currency Indices | |
|
|
Cryptocurrency | |
eToro excels in cryptocurrency trading with competitive spreads and a flat 1% commission, plus its own wallet service. The platform provides a growing selection of over 100 tokens, adding 29 new ones in April 2025, from AI to memecoins. In 2025, it introduced crypto staking, enabling users to earn rewards for holding digital assets. Trading in cryptocurrencies is risky and volatile. Taxes might apply. Grasp the risks involved. | Trade popular digital currencies with no commission and leverage. FXCM offers a crypto basket, providing exposure to Bitcoin, Ethereum, Litecoin, and Bitcoin Cash in a single trade. |
Spread | |
BTC 1% | Variable |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
Yes | No |
Auto Market Maker | |
No | No |
eToro | FXCM |
51% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. | |
More Comparisons | |
eToro vs |
FXCM vs |