Capital.com vs eToro
Is Capital.com better than eToro? Who offers lower spreads, better trading conditions, and is a safe broker to trade?
We provide answers to all questions in this Capital.com vs eToro Comparison Review. For this Review, we opened real accounts and deposited over US $9,500 in total to compare both offerings, account opening process at Capital.com and eToro also the fees, trading conditions, platform selection, and withdrawal process.
What are Capital.com and eToro?
Capital.com is a forex and contracts for differences (CFDs) broker which offers trading services with forex, indices, commodities, cryptocurrencies, stock CFDs, as well as spread betting in the UK and Ireland.
eToro is one of the largest, Best Social trading Brokers and a platform with a good range of portfolios and the Top number of investors.
Some of the highlights of Capital.com vs eToro are:
Capital.com | eToro | |
💻 Website | www.capital.com | www.etoro.com |
🛡️Founded year | 2016 | 2006 |
🏦 Headquarter | The United Kingdom | Israel |
🗺️ Authorized & Regulated in | UK, Cyprus, Belarus | USA, UK, Australia, Cyprus |
🔒 Is Broker safe | Yes | Yes |
💰 EUR/USD Spread | 0.8 | 0.97 |
💳 Minimum deposit | US$20 | US$50 or US$500 |
💰 Withdrawal fee | US$0 | US$5 |
🖥️ Trading Platform | MT4, Mobile app | eToro’s trading platform |
📈 Markets offered | Forex, Indices, Stocks, Commodities, Cryptocurrencies | Indices, Forex, Commodities, Stocks, Cryptocurrencies, ETFs |
📉 Number of Products | 3720 (depends on the jurisdiction) | 986 |
🔎 Our Detailed Review | Capital.com Review | eToro Review |
Licenses and Regulation
On this Capital.com vs eToro comparison review, we found out that both brokers are safe to trade and highly reliable; they provide low-risk trading due to regulations and are not a scam.
Capital.com holds 3 regulatory licenses, regulated in the United Kingdom, Cyprus, and Belarus. eToro, in its turn, is licensed by some of the top global regulators like the UK’s FCA, CySEC, ASIC, and FinCEN.
For this review, we opened a standard account on the MT4 platform with Capital.com SV Investments Limited which is regulated by CySEC in Cyprus, and an account under eToro (Europe) Limited regulated by CySEC.
We recommend that you register your Capital.com account with the CySEC entity and the eToro UK or CySEC entity if they are available in your jurisdiction.
Capital.com | eToro | |
🔒 Licenses | FCA CySEC NBRB | ASIC CySEC IE Singapore FCA NFA |
Top Tier License | ✔️ | ✔️ |
Publically Traded | ❌ | ❌ |
Compensation Scheme | ✔️ (depending on the entity) | ✔️ (depending on the entity) |
Capital.com vs eToro Fees
Capital.com and eToro fees are similar and mainly built into a spread basis, there are no commission-based accounts.
There are a few non-trading fees charged by eToro. The broker charges a $10 monthly fee after a year for inactive accounts. Though deposit and account maintenance are free on eToro, it charges $5 for each withdrawal, while Capital.com doesn’t charge any deposit, withdrawal, inactivity, or account maintenance fees.
Capital.com Fees | eToro Fees | |
Fees based on the spread | ✔️ | ✔️ |
Floating Spread | ✔️ | ✔️ |
Fixed Spread | ❌ | ❌ |
Commission-based fees | ❌ | ❌ |
Inactivity Fee | $0 | $10 |
Deposit fee | $0 | $0 |
Withdrawal fee | $0 | $5 |
Active trader/ VIP Programs | ✔️ | ✔️ |
Spreads Charged in Our Trades
For our test trades on Capital.com vs eToro accounts, we chose popular instruments in each market. We placed 3 trades for each instrument to get the average spread, we found both negative and positive sides for each Broker spread.
Capital.com spreads for Forex are much lower than the industry average. Spreads on Indices and gold are also on the lower side. However, spreads charges on Stocks and cryptocurrency traders are too high.
eToro spreads for Indices and Forex are below the industry average. For commodities and stock CFDs, spreads are above the industry average. Cryptocurrencies in our trades are more than double the industry average.
Markets | Instruments | Capital.com Avg. spread | eToro Avg. spread | Industry avg. spread |
Indices | FTSE 100 | 1.4 | 1.4 | 1.65 |
Forex | EUR/USD | 0.8 | 0.97 | 1.16 |
Commodities | Gold | 3.12 | 4.5 | 3.53 |
Stocks | AAPL | 8.3 | 2.23 | 1.75 |
Cryptocurrencies | Bitcoin | 154 | 102.71 | 72.81 |
ETFs | QQQ | – | 0.53 | 0.45 |
Account Types Compared
Capital.com offers three types of accounts to retail traders. eToro, in its turn, offers only a single account with access to all tools and services.
Opening a new account with Capital.com was smooth and quick, the registration process took around 16 minutes, and our account was approved on the same day.
Opening a new account on eToro was very simple and easy, the registration process took merely 11 minutes.
Capital.com Accounts | eToro Accounts | |
Standard Account | ✔️ | ✔️ |
ECN / Commission Based Account | ❌ | ❌ |
Islamic Account | ❌ | ✔️ |
PAMM Account | ❌ | ❌ |
Markets and Products
Capital.com offers a wider range of instrument selection compared to eToro, however, all are traded as CFDs, eToro is primarily a Forex and CFD broker, but also offers trading services with real Stocks, ETFs, and Cryptocurrencies.
Markets | Capital.com Instruments | eToro Instruments |
Indices | 27 | 13 |
Forex | 138 | 49 |
Commodities | 38 | 31 |
Stocks | 3,278 | 726 |
Cryptocurrency | 239 | 16 |
ETFs | – | 151 |
Trading Conditions
Capital.com offers excellent trading conditions. It allows hedging and scalping strategies, while eToro doesn’t allow scalping, and conditions are fair and suitable for beginning traders.
Trading Method | Capital.com | eToro |
Hedging | ✔️ | ✔️ (eToro will retain the profits) |
Scalping | ✔️ | ❌ |
Change Leverage | ✔️ | ✔️ |
Copy trading/ Social trading | ✔️ | ✔️ |
Beginners Trading | ❌ | ✔️ |
Professional Trading | ✔️ | ✔️ |
Deposit and Withdrawal
Our overall experience with both deposit and withdrawal processes on Capital.com was positive, however, we were disappointed by the lack of support for eWallets, also there was an issue with our first withdrawal request.
Both deposit and withdrawal processes on eToro are simple enough, supporting various funding methods. However, it charges a flat fee of $5 for every withdrawal.
We tested the deposit process on Capital.com only using a debit card.
We tested the deposit process on eToro using multiple payment modes and, in each case, the deposits were received instantly.
Capital.com | eToro | |
💰 Deposit Fee | ❌ | ❌ |
💰 Withdrawal fee | ❌ | $5 |
💳 Minimum deposit | ✔️ (based on account type) | US$50 or US$500 |
Bank Transfer | ✔️ | ✔️ |
Debit/ Credit Cards | ✔️ | ✔️ |
PayPal | ❌ | ✔️ |
Skrill | ❌ | ✔️ |
Trading Platform
eToro uses its unique platform and does not offer any other alternatives. The platform looks modern and is easy to use, however it lacks professional research tools, comprehensive fundamental data while analysis is rather basic. Capital.com offers two platforms like MetaTrader 4 and Capital.com trading app.
eToro is known for its social trading feature. In fact, it gained popularity because of this feature. It basically has two features: CopyTrader and CopyPortfolio.
Capital.com onboards professional clients, offering them higher leverage levels.
Capital.com Platform | eToro Platform | |
Proprietary Platform | ✔️ | ✔️ |
Web Platform | ✔️ | ✔️ |
Desktop Platform | ✔️ | ❌ |
Mobile App | ✔️ | ✔️ |
Alternative Platforms | ✔️ | ❌ |
MetaTrader4 | ✔️ | ❌ |
Simple to use platform | ✔️ | ✔️ |
Demo Account Trading | ✔️ | ✔️ |
Execution Agency Model | ❌ | ❌ |
Research | ✔️ | ✔️ |
Advanced Research tools | ✔️ | ❌ |
Education and Support
eToro does not offer high-quality education resources, while Capital.com offers exceptional educational resources. Capital.com and eToro both offer decent customer support with Live Chat and support inquiries.
Capital.com offers detailed courses, in-depth articles, and guides to educate traders.
We found eToro developing its learning materials and established eToro Trading School.
Capital.com Support | eToro Support | |
Trading School for Beginners | ❌ | ✔️ |
Tutorials | ✔️ | ✔️ |
Trading Videos | ✔️ | ❌ |
Webinars | ✔️ | ✔️ |
Daily News and Analysis | ❌ | ✔️ |
Economic Calendar | ✔️ | ✔️ |
Live Chat | ✔️ | ✔️ |
Email Support | ✔️ | ✔️ |
24/7 availability | ✔️ | ❌ |
Conclusion on Capital.com vs eToro
This comparison review of Capital.com vs eToro showed that these brokers are trustworthy. eToro is suitable for beginners, it has some attractive features such as social trading. Capital.com is attractive by its forex trades being much lower than the industry average, it allows hedging and scalping.
Trading costs are relatively similar, based on a spread with no commission with a competitive trading environment.
Overall, our experience with Capital.com was positive. Although, we did face some issues with the first withdrawal process. We recommend Capital.com to forex traders who run EA and other trading strategies.
Our trading experience on the eToro platform was smooth. eToro is good for beginners and experienced/popular traders. It has some attractive features like social trading and is Best for the number of Top Traders.
Capital.com | eToro | |
Recommended for | ✔️ Cryptocurrency Trading ✔️ Scalping Trader ✔️ MT4 Trader ✔️ EA Trader ✔️ Stocks Trader | ✔️ Social Trading ✔️ Beginning Traders ✔️ Trading Currency Pairs ✔️ Cryptocurrency Trading ✔️ Stocks Trading |
Might not be fit for | ❌ Futures Trading ❌ Commission Based Trading | ❌ Scalping trader ❌ Hedging trader ❌ EA trader ❌ Trading through MT4/MT5 platform only ❌ Commission-based trading |
Author of this review
By George Rossi
Author of this review
I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader.
Now I am passionate about reviewing and comparing forex brokers.
Everything you find on BrokerTested is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology