FXPro and eToro are two leading online trading platforms offering diverse investment options and tools tailored to traders’ needs. Both brokers are highly regulated, ensuring secure and transparent trading experiences for clients worldwide. FXPro provides a more flexible trading environment with various platforms and no minimum deposit requirement, while eToro is well-known for its innovative Copy Trading feature. FXPro offers lower fees and no withdrawal commissions, whereas eToro has a structured club membership with exclusive benefits. Traders can choose between these platforms based on their specific investment goals, risk tolerance, and desired trading features.

FXPro vs eToro: A Comprehensive Comparison of Two Leading Trading Platforms

FXPro vs eToro

Two giants in the online trading industry, both international brokers with millions of clients worldwide, offer an excellent service with the highest standards of security. FXPro and eToro are undoubtedly the right choice for those who prefer protected, transparent, and high-performance trading.

Both companies provide access to an environment entirely focused on traders’ needs and strive to offer cutting-edge tools, excellent investment solutions, and both flexible and advantageous trading conditions.

To perfect their service and make their investment environment unique, the companies employ industry professionals to create and research innovative solutions and tools.

Strictly regulated by multiple control bodies, liquidity guaranteed by top-level banks, maximum protection for the client, and a wide range of instruments and functions for proper risk management.

In short, two brokers synonymous with guarantees that allow traders of any level to negotiate to the best of their abilities in an efficient and investment-rich environment.

Each company focuses its interests and services based on its modus operandi and customer needs. This article will illustrate the main differences and characteristics of the service offered by the companies.

FXPro

Considered one of the best brokers in the world, FxPro is an undisputed leader in the online trading industry that offers excellent service to traders from over 170 countries around the world. Considered an essential partner for investing in the markets to the best of one’s ability, the broker allows customers access to a professional environment compatible with any level of experience. A well-structured service, rich in advantageous solutions and cutting-edge tools, allows both beginner and professional traders to access trading with the highest performance levels and very high safety standards.

FxPro allows customers to trade through CFDs (contracts for difference that allow customers to invest in the price fluctuations of an instrument without necessarily having to purchase it) on a wide range of instruments, including Forex, Stocks, Spot Indices, Futures, Spot Metals, and Spot Energy. Trading conditions are flexible and advantageous: spreads starting from 0.0 pip and commissions starting from zero. Additionally, being a no dealing desk broker, FxPro allows traders direct market access without any intermediaries, very high liquidity, and raw unmanipulated prices.

Invest in Forex with FxPro

Rigorously regulated by multiple control bodies, the broker ensures a safe and transparent service: FxPro UK Limited is authorized and regulated by the FCA since 2010, FxPro Financial Services Limited is authorized and regulated by the CySEC since 2007 and by the FSCA since 2015, FxPro Global Markets Limited is authorized and regulated by the SCB.

1. Impenetrable security protocols guarantee the total protection of clients’ sensitive information.
2. Trader funds are held in segregated accounts at top-level banks and separated from the company’s capital.

To offer a service compatible with any level of experience or trading need, the broker proposes an excellent list of accounts, capable of adapting to the modus operandi of both novices and professionals in the industry. Trading conditions and costs, available platforms, risk propensity, are just some of the distinctive features of the accounts offered, and each client will have the opportunity to opt for the right solution to negotiate at their best.

Sign up on FxPro

eToro

International multi-asset broker with over 35 million clients, eToro is one of the world’s largest platforms offering efficient service with virtually infinite investment possibilities. Being also regulated by multiple tier-1 control bodies, eToro ensures a safe and transparent service in every aspect. The user-friendly environment allows clients of any level to interact easily and trade at their best in the markets thanks to cutting-edge tools and excellent risk management features. The broker offers investments in stocks, ETFs, indices, cryptocurrencies, forex, commodities with variable spreads starting from 0.0 pip and commissions starting from zero (variable depending on the instrument and the exclusive reserved for Club members).

A feature that has made the broker popular is the innovative platform dedicated to copy trading that allows customers to copy strategies created by professionals with proven experience and reap the same benefits. But beyond the profits generated by the service, the platform allows traders to interact and share experiences and information (regardless of experience level) to refine their style and improve every single trading experience.

Invest in Forex with eToro

Multi-asset platform

eToro allows clients to invest in over 7,000 financial assets including: stocks, cryptocurrencies, ETFs, Indices, currencies and commodities. Each trader will have the opportunity to invest using financial leverage (up to 1:30) and access short, medium, and long-term investment options.

A safe and reliable broker

A giant in the online trading industry with which millions of traders invest regularly. Rigorously regulated and with decades of experience in markets around the world and in the fintech sector, the broker aims to offer a service entirely focused on total mutual trust with the client.

FREE Insurance up to 1 million Euro/AUD

eToro guarantees eligible clients an exceptional insurance policy totally free, underwritten at Lloyd’s of London, one of the most influential insurance companies in the world. The free insurance coverage is offered exclusively for Platinum, Platinum+ and Diamond Club clients of eToro (Europe) Ltd. and eToro AUS Capital Limited. In the event that clients may suffer unexpected losses due to an unlikely case of company insolvency, or in case of negligence (as per the respective information note), the insurance will cover every insolvency.

Revolutionary Social Trading

By far the largest community of traders in the world, with over 30 million clients from over 100 countries, the platform hosts talented and expert traders, many of whom have performances superior to market benchmarks. The eToro News Feed acts like any social network, allowing participants to interact, share ideas, insights, and trading strategies.

CopyTrader

A dedicated platform that has literally revolutionized the service, eToro CopyTrader allows clients to follow and copy the operations carried out by experts in the industry. Before choosing it, each trader will have the opportunity to clearly view all the features of the master to be copied, such as risk score, failure/success ratio, and much more. Some of the top traders on eToro have shown consistent returns and have repeatedly beaten market benchmarks.

Segregated funds

All client funds will be deposited in segregated accounts at top-level banks and separated from the company’s accounts. The broker will not be able to use them for secondary purposes and in case of bankruptcy, the client will be able to withdraw them without problems.

Cybersecurity standards

Very rigid security protocols for the protection of traders’ personal information. Personal data will never be shared with third parties, unless required by law.

Multi-regulated broker

eToro follows is required to comply with strict regulations of various authorities, including FCA (United Kingdom), ASIC (Australia), CySec (Cyprus), GFSC (Gibraltar), FinCen, and FINRA (United States).

Sign up on eToro

Accounts offered

Regarding the accounts available for trading, both brokers offer excellent solutions, compatible with any level of experience and trading need. Each client will have the opportunity to opt for the most suitable alternative and trade to the best of their abilities.

eToro Account

The broker offers clients two types of accounts, Retail and Professional. Designed to offer excellent operability to traders of any level, the accounts have flexible trading conditions and excellent tools for trading. In addition to being able to open a “Standard” version of the available accounts, the broker allows access to an innovative program that offers exclusive conditions, tools, and investment solutions: eToro Club. It should be noted that to access the eToro Club, the trader must meet certain deposit conditions starting from $5000.

FXPro Account

The accounts offered by the broker vary both in terms of basic features and the type of platform used. Each account has been created to meet the needs of a specific category of traders and each client will have the opportunity to test them to decide which is best for their modus operandi.

Accounts available with eToro

As mentioned earlier, the broker only offers two types of accounts. But despite the list not being extremely extensive, the available accounts have been carefully designed to be compatible with any style or need. Moreover, with access to the innovative eToro Club program, clients will be able to make the most of any trading experience thanks to exclusive tools and trading conditions.

Invest in Forex with eToro

eToro Retail Account

Account created exclusively for retail traders, the Retail account allows clients to access advantageous investment solutions with the highest standards of security (such as, for example, the Investor Compensation Fund and negative balance protection). Adaptable to any category of traders, the Retail account allows both experts and novices to trade on all available instruments with trading conditions that include reduced spreads to a minimum and extremely advantageous commissions (which will be illustrated later). The account offers an extremely flexible environment, each trader will have the opportunity to trade opting for classic methods or availing themselves of the Copy Trading service to copy the operations of experts in the industry.

It should be emphasized that the maximum available leverage varies based on the country of origin and the selected instrument. For example, in Europe, the maximum leverage offered amounts to 1:30 for the major currency pairs, 1:20 for other currency pairs (such as EUR/NZD), gold, and indices, 1:10 for commodities and other indices, 1:5 for CFDs on stocks and ETFs, 1:2 for CFDs on cryptocurrency. The minimum deposit required to activate the account is $50.

Sign up on eToro

eToro Professional Account

Account designed exclusively for professional traders constantly looking for conditions and tools suitable for high-potential trading. Given the high risk propensity and the amount of funds invested, clients who wish to opt for this type of account will not be able to benefit from risk protection functions and will be excluded from the Investor Compensation Fund and the Financial Ombudsman Service. The maximum usable leverage is 1:400.

Unlike the Retail account, commissions and spreads are more reduced.

To access the Pro account, the client must first open a Retail account, verify it, and meet the following conditions:

• Have a portfolio not less than $500,000 (excluding cash).
• Have made at least ten trades with a total value of $500,000 in the short term.
• Have annual experience (at least one year) in the financial sector.

Open a Professional account with eToro

eToro Club

eToro Club is a program that allows clients to access a wide list of cutting-edge tools, services, and functions, essential factors for making each trading experience potentially profitable. The program consists of several levels. Each level corresponds to certain exclusive services and tools. The higher the level, the more benefits the trader will have access to.

It works this way:

• Retail-type accounts may also be classified based on the amount of the deposited balance.
• If the balance on the trading account changes, the eToro Club level will be reset and consequently the available benefits will change.
• eToro Club is divided into five levels: Silver, Gold, Platinum, Platinum+ and Diamond.
• With a balance equal to or greater than $5,000, the trader will be automatically assigned the base level: Silver.
• By making new deposits and increasing the available balance, the client’s account will be automatically reset to the next level within 24 hours. The amounts corresponding to each level are as follows:

• Silver: $5,000
• Gold: $10,000
• Platinum: $25,000
• Platinum+: $50,000
• Diamond: $250,000

Take advantage of eToro Club levels

Features and benefits of the various eToro Club levels

As already illustrated, each level offers clients exclusive advantages and tools. Based on their needs, the trader will have the opportunity to decide which level to access, simply by making the minimum required deposit. It is important to specify that to not regress to lower levels, the client must always have the minimum balance corresponding to the acquired level. In the event that the balance is insufficient to take advantage of the reached level, the trader will regress to a lower level.

Take advantage of eToro Club levels

eToro Club Silver Level

The Silver level is available with a minimum balance of $5,000. By making the necessary deposit, the level will be assigned automatically. Customers with Silver level will be able to access the following advantages:

• Exclusive access to detailed webinars on the markets.
• Smart Portfolio based on data.
• Carefully selected partner applications.
• Dedicated Account Manager.
• Only for traders residing in the United Kingdom, an eToro Money Visa debit card.

Take advantage of the Silver Level

eToro Club Gold Level

Accessible with a minimum balance of $10,000, the Gold level allows the use of the same services and tools available with the Silver level with the addition of:

• Interest on the available balance.
• Possibility to contact your Account Manager via WhatsApp during working hours.
• Free access to market analysis updated every week.

Take advantage of the Gold Level

eToro Club Platinum Level

A choice suitable for professional traders, the Platinum level is accessible with a balance of $25,000 and allows clients to invest informed with costs reduced to a minimum and in complete safety.:

• Zero commissions on withdrawals.
• Free access to a superior digital publication.
• Dedicated partner apps and platforms.

Take advantage of the Platinum Level

eToro Club Platinum+ Level

Traders who wish to access the Platinum+ level will be able to take advantage of all the offers and services of the previous levels, with the addition of:

• Exclusive Zoom meetings with your dedicated Account Manager.
• Possibility to access important sports and cultural events.
• Traders residing in Europe and the United Kingdom will have the opportunity to access the eToro Money Black program, which offers clients more flexible trading and without excessive limits.
• Clients residing in the United Kingdom may request the eToro Visa metal black debit card.

Take advantage of the Platinum+ Level

eToro Club Diamond Level

An exclusive level, designed primarily for traders with high investment volumes, the Diamond eToro Club Level offers the entire list of benefits available in the previous levels with more:

• Exclusive and free access to important digital publications.
• No commission on exchanges.
• Private contacts with your Account Manager on Zoom.
• Participation in eToro Diamond events.

Take advantage of the Diamond Level

FxPro Account

The list of accounts proposed by the broker has been created with the intention of offering traders access to a personalized trading environment, capable of guaranteeing everything necessary to make the most of their knowledge and skills. The accounts available with FxPro are:

• MT4 Instant & MT4 Fixed.
• FxPro MT4.
• FxPro MT5.
• FxPro cTrader.
• FxPro Platform.

It should be noted that the features of the accounts described below are available on the broker’s international portal. Costs, maximum leverage, and conditions of use may vary depending on the trader’s country of residence. Opening a new account the client will not have to make any mandatory deposit for activation. But the broker recommends depositing a minimum of $1000 to trade efficiently.

Invest in Forex with FxPro

MT4 Instant & MT4 Fixed

A type of account that offers a classic trading approach, MT4 Instant & MT4 Fixed present an environment compatible with any category of trader with the possibility to choose whether to opt for a fixed or variable spread. An indispensable feature to offer the trader the opportunity to adapt trading conditions to their modus operandi.

Open an MT4 Instant & MT4 Fixed account

FxPro MT4

An account with limited risks and trading costs reduced to a minimum, the MT4 account is particularly suitable for beginner traders, intending to trade without having to commit large sums and without running excessive risks.

Invest in Forex with FxPro

FxPro MT5

Designed for experienced traders who need tools and conditions of a certain level to be able to carry out their operations, the MT5 account offers professional trading with excellent performance.

Open a FxPro MT5 account

FxPro cTrader

Excellent choice for professionals with proven experience who dedicate their time to developing complex strategies based on real-time updated information, the FxPro cTrader account is compatible with experienced traders with high investment volumes who diversify their portfolio to contain risks.

Open a FxPro cTrader account

FxPro Platform

Another account compatible with traders of any category who intend to test their style on markets around the world in an intuitive but professional environment. The FxPro Platform account offers many high-level solutions, easily accessible to both novices and professionals. Advantageous trading conditions and low costs.

Invest in Forex with FxPro

Trading Conditions

Another fundamental aspect that conditions the choice of the broker to rely on concerns the costs to be incurred for investments and everything related to it. Being leaders in the industry, both platforms offer trading with minimal costs and in some cases non-existent. This allows the trader to focus exclusively on executing their operations without having to worry about excessive expenses that could weigh on earnings.

Although both brokers offer competitive and totally transparent general conditions, FXPro is much more flexible and advantageous in some aspects. Indeed, unlike eToro, FXPro does not impose any commission on deposits or withdrawals and allows clients to activate an account without having to make any minimum deposit (condition that varies depending on the selected account).

To access exclusive services and discounts, eToro clients will have to join a Club and make a minimum activation deposit starting from $5000. FXPro allows traders of any level and volume of trading to access any service or tool available (except for some additional services), without distinctions.

eToro Commissions and Spreads

With maximum transparency and precision of a company that operates in total respect of the rules in force, eToro allows traders to know in detail all the expenses to be incurred to trade, without hiding anything. Visiting the page dedicated to the expenses to be incurred, the client will be able to know in detail the spreads and commissions that will be applied.

1. Account opening expenses: none.
2. Management commissions: zero.
3. Deposit commissions: zero.
4. eToro spread commission: Zero.
5. Custody commission: None
6. Withdrawal commissions: from $5.
• For withdrawals from GBP and EUR currency accounts to an external account, the broker will not apply any commission.
• To make withdrawals from a USD currency account to external accounts, the client will be required to pay a fixed commission of $5. Expense applied to cover costs associated with international money transfers.
• Minimum withdrawal amount: $30 from a USD account. No minimum amount for withdrawals from GBP and EUR accounts.
7. Inactivity fee: $10/month. Cost to be incurred if the account remains inactive for a period longer than 12 months.
8. Conversion commissions: the platform allows all traders to deposit funds in USD – Clients residing in the United Kingdom and in the remaining European countries will have the opportunity to opt for depositing funds in GBP or EUR on their strictly verified account. This service varies depending on the region. Possible currency conversions may be necessary in the following cases:
   • Trading assets with funds from your GBP or EUR account that are in a different currency.
   • Transfer from your USD account to your GBP or EUR account.
   • Deposit or withdrawal in a currency different from your eToro account.
   • Conversion commissions may vary depending on the trader’s country of residence, payment method, and Club level. With an active capital accumulation plan, each client will benefit from reduced conversion commissions (just 0.75%).
9. Stamp duty: equal to 0.5%. The stamp duty is a transaction fee that every trader residing in the United Kingdom will be required to pay. Applicable to any electronic purchase of securities listed in the United Kingdom.

Trading Commissions on Instruments Offered by eToro

The broker allows trading on a wide range of products with flexible and transparent trading conditions:

ETF

No trading commission will be applied to this type of instrument. This clause will be applied to all executable operations, regardless of the amount and the method of order execution (manually, via CopyTrader or from Smart Portfolios). The general commissions listed above will be applied:

• No overnight commission
• Spread starting from zero
• None
• Trading commissions equal to zero.
• No custody commission.

It is important to emphasize that for short sale orders and leveraged positions on ETFs, they will be executed as CFDs. This involves the application of the same spreads set on CFDs and the payment of overnight commissions. Due to restrictions provided for certain products, even some BUY operations on ETFs without the use of leverage will be executed as CFDs and consequently subject to the payment of spreads applied on CFDs. All CFD transactions are marked as “CFD” on the operation execution screen.

Invest in ETFs with eToro

Costs for Trading on Cryptocurrencies

By carrying out buy and sell operations of cryptocurrencies on eToro, each trader will acquire ownership of them. On such operations, the trader will be required to pay a single, simple and transparent commission of 1% on the purchase and sale of cryptocurrencies.

• Buying/selling commission: 1%
• Market spread: the market spread is determined by the difference between bid and ask prices and may change based on market conditions, but it is not a commission applied by the company.
• Overnight commission: free
• Custody commission: free
• Commission for possible transfers of crypto-assets: 2%. Commission due to the broker in case you wish to transfer crypto-assets to the eToro Money cryptocurrency wallet.

Short sales and positions on cryptocurrencies that leverage financial leverage will be executed as CFDs. Therefore, in compliance with the regulations in force, it is likely that some BUY positions without the use of leverage will be executed as CFDs. Moreover, since CFD operations on crypto do not confer ownership of the asset, the trader will be required to pay overnight commissions.

Invest in Crypto with eToro

Expenses for Trading on CFDs

Contracts for difference, more commonly known with the abbreviation “CFD”, are an extremely appreciated investment solution, which allows trading on the price fluctuations of numerous assets without having to actually purchase them and favor the creation of very effective strategies such as short selling. These positions can also be exploited to achieve greater flexibility for one’s investment portfolio.

Not being based on the purchase or sale of real assets, trading on CFDs involves the application of spreads and overnight commissions.

• The commission spread applied by the broker is variable and changes based on markets and the selected instrument.
• Overnight commissions are provided: on CFD positions left open overnight, an overnight commission will be applied which varies in reference to the volume of the position. This commission represents the interests to be paid to leave the CFD position open.
• When opening a new operation, spreads and overnight commissions can be displayed at the bottom of the execution screen.

Invest in CFDs with eToro

Commissions on Additional Services

• CopyTrader: zero additional commissions or hidden costs.
• Smart Portfolios: zero management fees or commissions
• GBP/EUR eToro Account: GBP or EUR accounts offer clients flexible trading with the possibility to deposit and trade in GBP, EUR and USD. The service allows trading assets in GBP or EUR without the payment of any conversion commission and holding money in GBP, EUR or USD to better manage currency exposure.

Invest in Forex with eToro

Commissions to be incurred with FXPro

In addition to total transparency and the highest security standards, the broker offers extremely advantageous trading costs, with the aim of allowing the trader to better manage their finances and accurately assess whether and when to invest on the selected instrument.

• On the FxPro Raw Spread account, the spreads applied on FX and Metals start from 0.0 pip with a commission of $3.50 charged per lot when the trader opens and closes the position. On cTrader accounts, trading on FX and metals, the trader will have to pay a commission of 35 USD (round trip) for every million USD traded. For all other instruments available on the types of accounts just illustrated, variable spreads and zero commissions will be applied.
• Regarding standard accounts, the client will not have to pay any commission. This condition is valid for all available instruments. Only the spread will be charged, on which a small mark-up (and any applicable swap commission) will be applied. The same condition is valid for Spread betting accounts in the United Kingdom.
• Zero deposit and withdrawal commissions. On any payment method available, the trader will not be required to pay any commission (set by the broker). In case the trader decides to make a withdrawal without having traded, a commission of up to 2.6% will be charged

Invest in Forex with FxPro

Swap/rollover expenses

Swap/rollover commissions will be applied when an operation is kept open overnight. The swap will be automatically charged to the trader’s account at 21:59 (UK time) and will be converted into the base currency of the account.

The formula used to calculate the swap commission varies depending on the selected CFD instrument:

• Forex: Pip value x swap rate x number of nights /10
• Stocks: Number of shares X Last price x Annual percentage /360
• Spot metals, energy and indices: Lot size (e.g., 0.1 or 1.0) x Swap rate x Number of nights
• CFD on cryptocurrencies: Number of coins x Closing price x 20% /360

Sign up on FxPro

Inactivity period: costs

In the event that an account remains inactive, without open operations for a certain period of time, the broker may apply an inactivity commission.

If the client decides not to operate regularly and to block their activity for a period of 6 months, the broker will automatically charge a monthly inactivity fee of $10. The Inactivity Commission will continue to be charged monthly until the accoint becomes operational again. In case of charging such an expense, the broker will not send any notification.

Invest in Forex with FxPro

Copy Trading Platform

A service that has literally revolutionized the way of investing, Copy Trading is an innovative solution that allows traders to copy the strategies of professionals in the industry and reap the same benefits. With access to the platform dedicated to the service, the trader (follower) will have the opportunity to choose the professional to follow (Master) and automatically copy the desired operations. The strategies will be executed automatically on the follower’s account. A useful service for traders of any level (but mainly suitable for beginners), Copy Trading offers the opportunity to interact with traders with proven experience and to learn their trading methods in order to expand one’s knowledge.

Both eToro and FXPro allow clients to take advantage of this service, but with evident differences:

eToro Copy Trading

With millions of active users and numerous interesting and updated services, the copy trading platform offered by eToro is undoubtedly the largest and most complete in the world. Intuitive, free, and rich in numerous cutting-edge services and functions, the eToro copy trading platform is the perfect environment to make profits, expand one’s knowledge, and interact with professionals in the industry. Another very important detail to consider is the usual demo account, to test the platform and copy the operations of traders without running risks and committing real funds.

FXPro Copy Trading

Platform offered in collaboration with cTrader, FXPro Copy Trading offers an excellent service with high levels of security and excellent investment solutions. But differently from the platform available with eToro, the copy service offered by FXPro presents costs and is available only in some countries.

eToro Copy Trading

Being a global leader, eToro could not disappoint the expectations of its loyal clients, allowing access to the largest copy trading platform in the world. With more than 35 million traders worldwide and an endless list of professionals with proven experience, eToro’s copy trading platform is by far the most imposing community of traders and investors. Unlike the majority of companies that use external platforms to allow access to a copy trading service, eToro processes and manages all operations on its own servers, without having to depend on external interventions. This allows the broker to combine Master and Follower in a single and imposing international community.

A platform created with the sole objective of perfecting and personalizing an already existing service, eToro Copy Trading overturns the schemes of ordinary copy methods with its extraordinary and innovative features:

• An extremely intuitive interface allows clients of any level to interact on the platform with extreme simplicity. To start trading, the trader will need to access the “Copy People” screen and select the professional to follow.
• Unlike other platforms that offer the service, eToro’s Copy Trading does not present additional costs for copying one or more traders. The client will only have to face ordinary expenses, such as trading spreads or possible transaction commissions.
• With access to the Community, the follower will be able to select the master to follow and copy with accuracy, viewing in detail his characteristics, such as risk propensity, trading preferences, investment volume, success rates, and much more.
• Furthermore, by visiting the exclusive “Popular Investors” section, each trader will be able to decide to follow the most popular professionals and copy high-performance strategies. It is important to emphasize that to be able to copy the operations of the “Popular” masters, the trader will be required to pay a commission (but only in case of profitable operations).
• Total freedom and control without restrictions. Even if the copied operations are carried out with a totally automated process, the follower will always be able to manage their trading in total freedom and decide whether to interrupt or pause an operation, include additional services to optimize risk management, make changes to the amount of funds to invest.

Another innovative feature worthy of note is the demo account for Copy Trading. eToro allows “undecided and cautious” clients to test the offered service, with access to a demo version of the account that includes a free virtual portfolio of $100,000 with which to practice.

Invest in Forex with eToro

Lightning-fast Copy Trading.

Regardless of the client’s experience or the time they can dedicate to their operations, eToro’s copy trading platform allows copying the strategies of industry professionals easily and without particular restrictions. All selected operations will be executed automatically and replicated instantly in the trading account of the follower.

No management commission.

By opening a new real eToro account, the client will have the opportunity to freely access the service without having to worry about possible management costs. The trader will only need to consider the minimum activation deposit of the account and any commissions to be paid to the popular master.

Experience and gain.

In addition to the profits that the client will be able to derive from the copied operations, the service allows members of the community to increase their knowledge and experiences, thanks to the sharing of useful information and the work carried out by industry experts. The platform includes a wide range of portfolios, statistics, risk scores of other traders, and much more. In addition, with access to the service, traders will be able to interact, chat freely, study strategies to apply carefully, and consequently improve their style.

Sign up on eToro

Trader Profile

To further enhance one’s experience, the broker recommends that clients create a detailed profile, to be able to present themselves to the community and create complex statistics, created based on their own needs and trading habits:

Feed.

Section of the profile that allows access to all social activities, such as posts and comments. On this page, it will also be possible to know the biographical data.

Statistics.

Useful function that allows viewing the profits made and the success/failure ratio. essential to better manage one’s activities.

Portfolio.

To get to know trading preferences, risk propensity, trading volume, and other details. Indispensable to be able to select the trader to copy.

Chart.

Function that simulates the results of a hypothetical investment of $10,000 on the selected master. A sort of qualitative test that allows evaluating the master to copy.

It is important to specify that although the broker suggests setting one’s profile to public, the client will always have the freedom to decide whether to start their trading experience by setting it to “private”. In case the trader is not willing to share their information, they will simply have to click on the “Private Profile” icon (located in their client area). To modify the privacy levels of the profile, click on the “settings” icon and access the “profile privacy” section.

Invest in Forex with eToro

Social News Feed

Another feature certainly not to be overlooked concerns the Social News Feed service which allows the client to integrate social media into their online trading activities. This allows followers to view in detail both the tools and the masters to follow. Comparisons, interesting chats, and very useful suggestions.

• Publication of updates on operations carried out.
• Tag the instruments on which it has been decided to invest.
• Tag people interested in the topic.
• Share posts on the feed.
• Comment on published posts.
• Create totally free feeds, compatible with one’s interests.

The trader will be able to receive and share information on:

Facebook

Useful updated news published by the broker, access to information on the latest and interesting instruments, live webinars.

Twitter

Live updates, notifications on exclusive promotions, influential news and free access to financial conversations on Twittersphere.

Instagram.

Quick updates from eToro, consultable in a clear and precise graphic format.

Youtube.

Video tutorials, interviews, informative videos and more. With access to the information available on the channel, the client will be able to update and perfect their modus operandi.

Discover the Social News Feed

How to Access eToro Copy Trading

To be able to access the service and start taking advantage of the platform, the interested client must first be the owner of a strictly verified real account. With access to their client area, the trader will have the opportunity to decide whether to invest with copy trading, simply by clicking on the dedicated icon.

Access eToro Copy Trading service

Copy trading offered by FXPro

Even though the broker constantly strives to offer clients around the world a safe, transparent environment with extremely high performance, FXPro allows the use of the copy trading service only in some countries. FXPro Copy trading is a paid service and is available only on the cTrader platform.

Following, some features of the service:

• Being a strictly regulated broker, FXPro guarantees clients safe copy trading, fully compliant with the strictest financial regulations.
• The dedicated copy trading platform, cTrader Copy, allows traders to take advantage of cutting-edge features and tools.
• Excellent list of professionals from which to copy the operations to be executed on the available financial markets.
• Low-cost trading with flexible and competitive trading conditions (including spreads and commissions reduced to a minimum)
• Interesting educational resources and constant support to allow traders to make the most of any copied operation.

With access to the list of available masters, the trader will have the opportunity to choose the most suitable for their needs, viewing their main characteristics:

Performance of strategies

Possibility to view the history of the professional’s performance, including return on investment (ROI), net profit, risk metrics, and trading statistics.

Trading style

To be able to find a solution compatible with one’s objectives and risk propensity, each follower will be able to know the master’s trading style, favorite markets, and traded instruments.

Reputation and reviews

In the list of the master’s characteristics, the client will be able to view all the positive and negative reviews made by other clients. In this way, each potential follower will have the opportunity to assess the consistency and reliability of the professional.

Risk management.

Check if the master uses functions for risk management such as the use of stop-loss orders, position sizing, and drawdown management.

Invest in Forex with FxPro

How to access FXPro Copy Trading

Immediately after selecting the professional and the strategy to copy, the trader will have the opportunity to set up the copy operation following the next simple steps:

1. Access the strategy screen of the Master and click on the “Start copying” icon.
2. Select the account on which you want to apply the copy trading service.
3. Decide the amount you want to use to copy the master’s strategy. This amount will be transferred to a separate copy trading account.
4. Set any additional functions for risk management such as stop-loss or position sizing adjustments.
5. Confirm the settings and start copying the master’s operations automatically.

Take advantage of FXPro’s Copy Trading

Risk Management in Copy Trading

Although copy trading is a valid solution for expanding earning opportunities, the use of tools and additional functions to optimize risk management is a fundamental detail.

Diversify.

follow several masters with different styles and trading strategies, in order to minimize one’s exposure to risk.

Set Stop-Loss

Useful to limit potential losses and protect your capital.

Resize positions if necessary

Adjust the volume of positions based on one’s risk tolerance and the total funds deposited on the account, with the aim of obtaining an adequate exposure to risk.

Monitor the Master’s operation.

Regularly check the master’s performances to protect oneself from sudden losses and adjust the portfolio based on the professional’s performance.

Access FXPro Copy Trading

VPS Server

Being able to manage one’s operations well and have optimal control of investments is essential to achieve the set objectives. Unfortunately, on many occasions this is not possible due to unforeseen problems that do not allow traders to optimize their operations or access markets to react in time to sudden changes. Problems such as lack of electricity, PC failure or interrupted internet connection, irreparably affect the operability of traders and consequently on profits.

VPS servers are the solution to this type of problem. Being able to connect one’s account to a VPS server, each trader will have efficient management of operations and intervene at any time and place and with any available device. Furthermore, even with the device turned off, all automated strategies will remain active and will continue to run without interruptions. In short, real “no limit” trading, which allows clients to carry out their work without connection problems, lack of energy or other technical problems.

A service considered essential by traders who prefer the use of robots for automatic trading, VPS servers optimize the execution of EAs and allow traders to make the most of any strategy launched on the markets.

Among the two brokers compared, only FXPro offers the possibility to access this service, allowing clients to take advantage of the benefits of uninterrupted trading to manage their Exper Advisors MT4 and cAlgo robots 24 hours a day, without having to stay glued to their device.

VPS Server offered by FXPro

The VPS servers offered by the broker allow clients to run Expert Advisor (EA) or cBot uninterruptedly and with almost non-existent execution latency. Most orders will be executed in less than ms. The FXPro Virtual Private Server is provided by BeeksFX, an international colossus of VPS infrastructures that has established a record in providing low-latency solutions.

Following are the specifications for using the service:

• 2560 MB of RAM memory
• 1 vCPU
• At least 30 GB of disk space
• Compatible operating systems: Windows version from 2012/2016, Linux

In case the trader needs a VPS service with higher performance, they can contact the support team which will process a customized solution.

The service is paid and will cost traders $30 monthly. Customers with premium accounts will be able to access the VPS servers for free. To be able to register and access the service, the trader can visit the official website or send an email to support@fxpro.com.

To use the VPS servers offered by the broker, each trader must be the owner of a strictly verified real account.

To install the FXPro VOS servers, the trader will need to:

Step One

Access the official website and request the service on the dedicated page.

Step Two

The trader will need to check their mail and view the welcome message from the Beeks Group which will contain the access data and IP address of the VPS.

Step Three

Once logged in, the trader will need to fill out the form by entering the requested information and download the RDP file, visible at the bottom of the screen.

Step Four

Click on the downloaded file on your device to start the remote desktop connection.

Last Step

In the new window, provide your credentials and enter the temporary password (previously provided via email). Click on the “OK” icon.

Trade anytime, anywhere with the FxPro VPS

Promos and Bonuses Offered

Promotions, discounts, exclusive offers, and bonuses on deposits are initiatives that many brokers offer to traders to encourage them to invest and apply their knowledge to the best of their abilities. A way to enhance the work of clients and allow them to make the most of any trading experience.

As for the promos offered by FXPro and eToro, there is a clear difference between the two companies. Indeed, FXPro regularly proposes very promising bonuses and various promos, while eToro limits itself to encouraging traders with initiatives exclusively available for Club members (who must deposit a minimum of $5000 to be part of it).

For this reason, it is easily deductible that traders looking for advantageous promos and bonuses may opt for FXPro to invest and have an extra edge with the available promos.

Promos Available with FXPro

Periodically, the broker engages in creating and launching very interesting promotional offers with the goal of enriching the trading experience of its clients. Bonuses, discounts, and captivating contests are available to both new sign-ups and traders who already own one or more real accounts. Among the various promotions offered by the broker over the years, we can distinguish:

Welcome Bonus

A promotion exclusively dedicated to new sign-ups, the welcome bonus allows traders to receive extra funds by making a first deposit. This type of promotion is designed to promote the service offered and allow traders to increase their investment volume.

Deposit Bonus

A very popular promotion for the great benefits it offers, the deposit bonus allows traders to receive extra funds on each deposit made (calculated as a percentage of the funds deposited) and to increase the capital available for investment. Each trader who activates the offer will be able to negotiate volumes higher than the actual capital invested and derive higher profits from the operations performed.

Rebates Based on Volume

A promotional initiative reserved for traders with considerable trading volumes over a certain period of time, the rebate promo allows participants to receive extra funds (often withdrawable) calculated based on the volume of transactions. The rebates will be credited automatically to the account of the client who joined the initiative.

Promotions offered periodically

In addition to the promotions just described, the broker periodically offers other interesting initiatives. Exclusive bonuses, cashback, and other captivating promotions available for a limited time, created with the sole objective of supporting the trader by making each experience unique.

Currently, the promotion available with FXPro is the famous “Spring into Action”

Invest in Forex with FxPro

Spring into Action: 100% and 50% Deposit Bonus with 15% Spread Cashback Rebate

A very popular initiative among traders, Spring into Action is an attractive promotion that allows traders to receive a 100% bonus on the first deposit, an additional 50% bonus on subsequent deposits, and a very advantageous 15% discount on spread rebates. Available both for new sign-ups and for traders already holding a real account with the broker, Spring into Action allows optimizing any trading experience, using extra funds for higher volume operations.

Here’s how it works: the program allows participants to receive a 100% bonus on the first deposit made and a 50% bonus on subsequent deposits, up to a maximum of $10,000 in extra funds. Additionally, by participating in the initiative, traders will have the chance to receive a great 10% discount on the spread, which will be automatically converted into account balance (and thus available for withdrawal).

The withdrawal of bonus funds (except for spread discounts) is not allowed, and the trader may use them exclusively for trading purposes. Any profits made in operations using the extra funds can be withdrawn at any time. Each trader can receive a maximum of $10,000 in extra funds. To access the initiative, interested clients will not need to make any requests; it will be sufficient to make a first deposit on their account to activate the promo.

Useful Information

Here is a summary of the information needed to access the promo:

• The promotional initiative is dedicated exclusively to new accounts opened with the broker. New sign-ups will have the opportunity to automatically access the initiative. Traders already in possession of an account will necessarily have to open a new one to activate the promo, as it is available only on accounts on which no operations, neither deposit nor trading, have been performed. It is important to remember that the promo is available only on strictly verified accounts
• Each client will have the opportunity to access the promo once and with a single account.
• The initiative includes three different promotions: a 100% deposit bonus, a 50% bonus on subsequent deposits, and a 15% discount on the spread. The deposit bonuses allow clients to access extra funds up to a max of 10000 USD not withdrawable to be used in trading. The 15% discount on the spread on each operation will be automatically transferred to the account balance and can be withdrawn without restrictions.
• Any withdrawal made during the promotional period (excluding spread discounts) will result in a percentage removal of the bonus equal to 100% of the amount withdrawn. For example, withdrawing 1000 USD from your account will result in 1000USD of extra funds being deducted.

Sign up on FxPro

Interest on balance offered by eToro

More than a promotion, the interest on balance offered by the broker can be considered a kind of incentive to encourage traders to increase the levels of their balance. In fact, the initiative offers traders up to 4.3% of annual interest withdrawable, credited monthly on the account.

Very advantageous rates

The higher the deposit on the account, the higher the interest that the trader can collect. Extremely competitive interest rates up to 4.3% annually.

Monthly credit.

The accrued interests will be credited automatically to the eToro account balance

No restrictions or constraints

The clients’ funds will always be available for withdrawal

It is worth noting that in order to activate the initiative and benefit from the funds deposited in their own account, each client must first sign up for the eToro Club and deposit a minimum of 5000 American dollars to access the first level.

What is the Club Balance?

The total Club Balance determines the interest rate that will be received. It consists of the total net worth realized on one’s account, including invested funds and available cash balance.

What is the available cash balance?

The available cash balance is essentially the total of funds not currently invested present on the trader’s trading account. Interest will be calculated on the cash balance that the client will receive.

Receiving the interests

1. Available for traders enrolled in the club
2. Calculated daily and credited monthly
3. Rates vary based on the membership level in the Club and the available balance.

How to activate the interest on the balance of your eToro account?

1. Access your eToro account. Traders not yet owning a real account with the broker, will need to sign up and verify the account.
2. Make sure to deposit enough funds to access the initiative (minimum balance to access the club)
3. Access the eToro Club dashboard. Scroll down to the “Interest on balance” icon, click to switch it from “Deactivated” to “Active”.

How and when are the interests calculated?

Although the rate is annual, it will be calculated daily and credited monthly.

When are the interests credited on the client’s account?

The credit of interests is carried out automatically within the 5th business day of the following month, in the early hours of the morning (GMT timezone).

What is the minimum amount that can be received as interest?

The minimum amount of interests that can be received is 0.01$

If interests on the balance are activated mid-month, will interests be recognized for the entire month?

No. The interests will accrue from the date of activation of the promo.

Will commissions be calculated on the interests?

The taxes to be paid depend on the regulations in force in one’s country of residence. Each trader will need to verify if and how much to pay based on the region where they reside.

Redeem the interest on balance with eToro

FAQs

Which platform offers better trading conditions?

FXPro offers lower fees and higher leverage, while eToro provides a social trading experience.

Does FXPro or eToro have lower fees?

FXPro generally has lower trading and withdrawal fees compared to eToro.

Which broker is better for beginners?

eToro is better for beginners due to its intuitive platform and Copy Trading feature.

What is the minimum deposit required?

FXPro has no minimum deposit, while eToro requires at least $10.

Is Copy Trading available on both platforms?

Yes, but FXPro offers it only on cTrader, whereas eToro has a global Copy Trading service.

What trading platforms do FXPro and eToro support?

FXPro supports MT4, MT5, and cTrader, while eToro uses a proprietary platform.

Which broker has better regulation?

Both brokers are well-regulated, with FXPro and eToro holding multiple licenses from global authorities.

Does FXPro offer social trading?

No, FXPro does not have a social trading feature like eToro.

Are there any withdrawal fees?

FXPro has no withdrawal fees, while eToro charges a minimum of $5.

Which broker is better for professional traders?

FXPro is preferred by professional traders due to higher leverage and lower costs.