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eToro vs Interactive Brokers — Which Is Better for You?
Compare eToro and Interactive Brokers to find the right broker for you.
Choose eToro for social trading and copy trading features; choose Interactive Brokers for professional trading and global market access.
Comparison Table
| Broker |
Pros |
Cons |
|
eToro
|
- CopyTrader feature lets you automatically copy successful traders
- Large social community with trader stats and sentiment data
- Zero-commission stock trading (non-leveraged)
- User-friendly interface for beginners
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- Strong regulatory oversight across multiple jurisdictions
|
- Wider spreads on forex compared to specialist brokers
- $5 withdrawal fee on every withdrawal
- CFDs and leveraged products carry high risk
- Inactivity fee ($10/month after 12 months of no login)
- Limited charting tools compared to MT4/MT5 platforms
|
|
Interactive Brokers
|
- Global market access
- Professional trading platform
- Strong regulatory oversight
- Multiple account types
- Advanced trading tools
- Comprehensive research
|
- More complex for beginners
- Higher minimum deposit
- CFDs carry high risk
- Steep learning curve
- No social trading features
|
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