eToro and ActivTrades are Forex and CFD brokers offering online trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. eToro is regulated by 7 regulatory authorities , including the SEC, FINRA, FCA, CySEC, FSA-S, SIPC, ADGM. On the other hand, 5 regulatory authorities , including the SCB, FCA, CMVM, BACEN, and CVM. These two brokers offer almost similar services. However, each broker has its strengths and weaknesses.
In this article, we will compare eToro with ActivTrades regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if eToro is better than ActivTrades This comparison lets you understand which broker is better for your trading style and preferences.
eToro vs ActivTrades: In a Nutshell
eToro:
For over 15 years, eToro has been championing the art of social trading among forex traders. It has built a huge community comprising over 30 million traders who interact with each other while investors automatically copy the trades of expert traders. Additionally, you can trade real stocks, ETFs, and cryptos with eToro.
Etoro Overview
- Founded In: 2007
- Founder: Yoni Assia, Ronen Assia
- Headquarters: UK
- Minimum Deposit: $50
- Maximum Leverage: 30:1 EU, 50:1 USA
- Regulations: SEC, FINRA, FCA, CySEC, FSA-S, SIPC
- Trading platform: eToro Trading Platforms
- Account Types: Standard, Professional, Corporate
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Giropay, Local Bank Deposits, Local Bank Transfers, Neteller, PayPal, Skrill, UnionPay, WebMoney, Yandex Money
ActivTrades:
ActivTrades is an online forex and CFD broker that offers MT4, MT5, and the ActivTrader proprietary web and mobile trading platforms. Alex Pusco founded ActivTrades as a stock brokerage in Switzerland in 2001. Later he moved to London in 2005. The broker added MetaTrader 4 in 2007. It also added CFDs on indices and commodities to its offer in 2008. ActivTrades offers over 45 currency pairs, Indexes, ETFs, as well as Commodities and Shares CFDs for your personal investment and trading options. To learn more, you can read our review of ActivTrades
ActivTrade At a Glance
- Founded In: 2001
- Founder: Alex Pusco
- Headquarters: London, UK
- Minimum Deposit: No Minimum Deposit. However Chinese and Brazilian traders require a $500 Minimum Deposit.
- Maximum Leverage: 1:200 for retails traders, and 1:400 for Pro traders
- Regulations:FCA, SCB, CMVM, BACEN and CVM
- Trading platform: MT4, MT5, ActivTrader and Tradingview
- Account Types: Professional Account, Retail Account
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Maestro, Ngan Luong, PayPal, Skrill, SOFORT
- US Clients : Not Accepted
ActivTrades
- Trading Instruments: 1000+Trading instruments including Forex ( Major, minor, exotics), shares, Indices, cryptocurrencies, ETFs, Commodities, Bonds, etc
- Maximum leverage: 1:30 for retail traders of FCA, and CMVM, 1:200 for retail traders of SCB, and 1:400 for Pro Traders.
- Minimum Deposit: No Minimum Deposit. However, for Chinese and Brazilian clients the minimum deposit is $500
- Account Types: Two ( Professional, Retail)
- Trading Fees: ActiveTrades charges spread. The spread starts from as low as 0.5 pips. It does not charge any commission.
- PAMM/ MAM: Available
- Zulutrade: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
eToro vs ActivTrades: Pros and Cons
eToro:
- Regulated in numerous jurisdictions including CySEC, FCA, ASIC, FinCEN, MSB, FSA Seychelles, FSC Gibraltar, and FSA Malta.
- Trading over 5,000 forex and CFD assets plus real stocks/ETFs and Cryptocurrencies.
- A large community of social traders
- Trading tools like market sentiments, news feed, Trading Central analysis, etc.
- Investors can copy the trades of expert traders or invest in ‘CopyPortfolios’
- Real Stocks and ETFs are Available
- Negative Balance Protection
- Traders pay withdrawal fees, inactivity fees, and conversion fees.
- You have no other platform choice than the eToro platform.
- You cannot automate your strategies via trading robots.
- No multiple account types; you can only have a retail account or a professional account.
- Margin trading is not available to U.S. users
- No limit orders for stocks.
- Not Available in American Samoa, Guam, Hawaii, Nevada, New York, Puerto Rico and US Virgin Islands
ActivTrades:
- Regulated by FCA, SCB, CMVM.
- There is no Minimum Deposit. You may deposit as low as possible
- The maximum leverage is as high as 200:1.
- Free deposit and withdrawal.
- Allows scalping, news trading, and EA trading.
- Has MT4, MT5, TradingView, and ActivTrades platforms.
- Offers 1000+ trading instruments.
- Spreads start from 0.5 pips.
- Provides fast order execution.
- Lloyds of London insurance up to $1,000,000.
- Offers 24-hour customer support in 14 languages.
- Supports a variety of bank accounts.
- Available to customers in more than 140 countries
- Not regulated by ASIC or CySEC.
- Only forex and CFDs are offered; no real tradable instruments are available.
- No passive investment programs like PAMM or MAM accounts.
- Mediocre customer support.
- Not authorized to trade real stocks.
- Offers 24/5 support.
- A bank wire withdrawal fee is applicable.
- Wide spreads in crypto pairs.
- An inactivity fee may be charged.
- The minimum deposit for Brazilian and Chinese traders is $500.
eToro vs ActivTrades: Side-by-Side Comparison
eToro Vs ActivTrades: Our Scores and Ratings
We rated both brokers, eToro and ActivTrades on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
eToro:
ActivTrades:
Final Verdict:
eToro and ActivTrades are regulated forex and CFD brokers in the industry. They offer similar trading services. Both brokers allow scalping, hedging, EA trading, and Copy trading. The minimum order size for both of them is 0.01.
However, there are a few areas where you may find some differences. For example, the minimum deposit for eToro is $50, whereas the minimum deposit for ActivTrades is $0 (Chinese and Brazilian $500). Additionally, the maximum leverage for eToro is 30:1 EU, 50:1 USA. In contrast, the maximum leverage for ActivTrades is 1:200 for retail traders, and 1:400 for Pro traders. eToro offers passive investment programs like MAM and PAMM, while ActivTrades does not have any passive investment programs.
Our score for eToro is 8.5, and for ActivTrades, it is 9. So, if you are looking for the most trusted forex brokers with MAM and PAMM services, you may choose eToro. However, if you prefer another forex brokers that offer similar services, you may choose ActivTrades.
