eToro or ZacksTrade – which is better for UK traders 2025? Compare eToro and ZacksTrade in this detailed breakdown of their platforms, features and fees.
eToro is a leading multi-asset platform, providing trading services in a vast array of CFDs, equities, and cryptocurrencies. Since its establishment in 2007, eToro has attracted millions of traders worldwide and holds licences from top regulators like the FCA and CySEC. Its social trading platform is especially favoured.
Investing in cryptoassets is highly volatile and unregulated in the UK and certain EU nations, with no consumer protection. Tax obligations on profits may apply. 51% of retail CFD accounts incur losses.
Zacks Trade, a US broker under FINRA regulation, provides trading services for stocks, ETFs, cryptocurrencies, bonds, and more via a bespoke terminal. Targeting active traders, it offers competitive fees across most assets. Additionally, clients benefit from an app and extensive market data access.
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
The trading app offers an exceptional social platform, featuring an interactive feed and community chat.
eToro has launched EUR and GBP accounts, reducing conversion fees and offering a trading experience better suited to local requirements.
In 2025, eToro enhanced its trading experience by incorporating insights from over 10 million Stocktwits users, enabling better assessment of market sentiment.
The broker offers excellent services for beginners, featuring commission-free stock trading, a low minimum deposit, and an unlimited demo account.
eToro has launched automated crypto staking, offering a pathway to passive income. However, Ethereum requires users to opt in.
Utilising TradingView, the charts provide robust tools for technical analysis, featuring nine chart types and more than 100 indicators.
eToro secured second place in DayTrading.com's 'Best Crypto Broker' for 2025, offering a vast selection of tokens, dependable service, and competitive fees.
There is an extensive online training academy offering a range of accessible resources, from concise articles to detailed courses.
eToro has enhanced its investment portfolio by frequently introducing new crypto assets. It currently offers a selection of over 100 digital currencies.
The web platform and mobile app receive higher user reviews and app rankings compared to leading competitors like AvaTrade.
Leading traders participating in the broker's Popular Investor Programme can earn yearly compensation of up to 1.5% of the copied assets.
Diverse investment portfolios are accessible, encompassing traditional markets, technology, cryptocurrency, and beyond for traders.
eToro is a globally recognised brand, operating under top-tier international regulations. It boasts a community of over 25 million users.
A demo account is a simulated trading environment allowing traders to practice and refine strategies without using real money. This risk-free platform provides an opportunity to familiarise oneself with market operations and trading tools. It’s ideal for newcomers seeking to gain experience or seasoned traders testing new tactics. Offering a realistic trading experience, it supports better decision-making, ultimately enhancing one’s trading competence.
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Utilising over 20 distinct account currency options, traders benefit greatly from flexible trading conditions. Even newcomers can take advantage of these features. With a range of denominations available, every trader finds a setup suited to their needs.
Thorough analysis and information
Bespoke trading platform and mobile application
Authorised by FINRA, with access to the Securities Investor Protection Corporation.
Cons
The absence of extra charting platforms such as MT4 may deter experienced traders who rely on external software.
There are no assured stop-loss orders, which could be a valuable risk management tool for novice traders.
The minimum withdrawal is set at $30, accompanied by a $5 fee. This may impact traders with limited funds, particularly those just starting out.
The only significant contact option, besides the in-platform live chat, is limited.
No integration with MT4 or MT5 platforms. Replace 'day trading' with 'trading' and 'day trader' with 'trader' in your communication. Use concise, professional finance terms and vary sentence structures for clarity and ease of reading.
Minimum requirement set at £2,500.
Please refrain from engaging in trading activities related to forex, commodities, or futures. Use your expertise to focus on market opportunities that align more closely with your professional goals and trading strategy. Diversify your portfolio prudently and consider the long-term implications of each investment. By prioritising calculated decisions, you can effectively grow your assets while mitigating unnecessary risks.
Withdrawal fees are incurred for multiple fund removals within a month.
Platform loading delays and technical issues.
Awards
Best Crypto Broker Runner Up 2025 - DayTrading.com
Best Cryptocurrency Trading Platform 2022 - Finder
eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand.
iOS App Rating
4.8
5
Android App Rating
4
3.7
Margin Trading
Yes
Yes
Margin Rate
1%
3.56
MetaTrader 4
No
No
MetaTrader 5
No
No
cTrader
No
No
AlgoTrader
No
No
OmniTrader
No
No
TradingView
No
No
Autochartist
No
No
eSignal
No
No
Trading Central
Yes
No
STP Account
Yes
No
ECN Account
No
No
DMA Account
No
Yes
MAM Account
No
No
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
No
Market Maker
Yes
No
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.
Yes (algos)
Copy Trading
Yes
No
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.
Social Trading
Yes
No
Trade Signals
Yes
VPS Hosting
No
Yes
Tournaments
No
No
Demo Competitions
No
No
Ethical Investing
Yes
Yes
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Inactivity Fee
$10
$15
Islamic Account
Yes
No
Account Currencies
USD
EUR
GBP
USD
EUR
GBP
CAD
AUD
NZD
INR
JPY
ZAR
TRY
SEK
NOK
DKK
CHF
HKD
SGD
RUB
PLN
CZK
HUF
Commodities
Gold
Silver
Oil
Copper
Cotton
Coffee
Livestock
Wheat
Precious Metals
Platinum
Gasoline
Cocoa
Sugar
Palladium
Corn
Aluminium
Soybeans
Nickel
Lead
Iron
Lithium
Cannabis
Natural Gas
Orange Juice
Zinc
Cattle
Lean Hogs
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.
Leverage
1:30
FTSE Spread
1.5
GBPUSD Spread<
1.9
Oil Spread
0.05
Stocks Spread
0.57 (Apple)
$0.01 per share ($1 minimum)
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.
Assets
55
GBPUSD Spread
1.9
EURUSD Spread
0.9
EURGBP Spread
1.3
Currency Indices
USD
Cryptocurrency
eToro is at the forefront of cryptocurrency trading, providing competitive spreads and a fixed 1% commission alongside its proprietary wallet service. The platform features an extensive range of over 100 tokens, with regular updates that added 29 new tokens in April 2025, from AI assets to memecoins. In 2025, it also introduced crypto staking, enabling users to earn rewards by holding digital assets. Cryptocurrency investments are inherently risky and highly volatile. Tax implications may apply. Familiarise yourself with the risks here.
Clients can trade a select few cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Real-time quotes are provided, and the fees are competitive. If trading volumes are significant, commissions further decrease.
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.