CFI Markets Vs eToro

How CFI Markets and eToro Compare in 2024

CFI Markets or eToro who is better?

Compare CFI MARKETS Versus ETORO and IC Markets broker accounts.


Compare CFI Markets Vs eToro Side by Side

So you are looking for a broker, CFI Markets or eToro who should you choose?

When trading on financial markets you will want to know all about who CFI Markets or eToro are, and how they compare. You will naturally want to know how long CFI Markets and eToro have been in business and what reputation CFI Markets and eToro have. On top of this, you will need to discover if CFI Markets and eToro match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how CFI Markets and eToro compare.

Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of CFI Markets and eToro side by side.

If you're itching to start trading, we can assist you in making a well-informed decision when comparing CFI Markets and eToro. By comprehensively comparing CFI Markets and eToro features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with CFI Markets, eToro or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on CFI Markets and eToro. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the CFI Markets platform or eToro that they are regulated. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


CFI Markets

(3/5)
Benefits of CFI Markets?
  • Established in 2012
  • CFI Markets have been in business for 12 years.
  • Head quarters in Cyprus.
  • Live Chat
  • Segregates clients funds
  • CFI Markets Min deposit $100
CFI Markets screenshot CFI Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

CFI Markets Regulation

CFI Markets is regulated by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).

Excluded Countries

CFI Markets Fees

Deposit fee Varies
Commission No
Inactivity fee Yes
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $100
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all CFI Markets
funding options here
Losses can exceed deposits

CFI Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

CFI Markets Platforms

MT4, Mac, Tablet & Mobile apps

CFI Markets Languages

English

See CFI Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See CFI Markets
instruments here
Losses can exceed deposits

CFI Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the CFI Markets website. Our records were last updated on .

Visit CFI Markets today
Losses can exceed deposits

eToro

(4/5)
Benefits of eToro?
  • Established in 2007
  • eToro have been in business for 17 years.
  • Head quarters in Cyprus, UK.
  • Live Chat
  • Segregates clients funds
  • eToro Min deposit $50
eToro screenshot eToro sign up here
76% of retail investor accounts lose money when trading CFDs with this provider.
Reputation Support
Great
Great

eToro Regulation

eToro is regulated by the FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076.

Excluded Countries

ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR,

eToro Fees

Deposit fee No
Commission Yes
Inactivity fee Yes
Withdrawal fee Yes
Min trade $10
Max trade 20% of equity
Min deposit $50
View all spreads
& fees here
76% of retail investor accounts lose money when trading CFDs with this provider.

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all eToro
funding options here
76% of retail investor accounts lose money when trading CFDs with this provider.

eToro Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

eToro Platforms

Web Trader, Tablet & Mobile apps

eToro Languages

English, German, Spanish, French, Italian

See eToro
features here
76% of retail investor accounts lose money when trading CFDs with this provider.

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See eToro
instruments here
76% of retail investor accounts lose money when trading CFDs with this provider.

eToro Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the eToro website. Our records were last updated on .

Visit eToro today
76% of retail investor accounts lose money when trading CFDs with this provider.

IC Markets

(4/5)
Benefits of IC Markets?
  • Established in 2007
  • IC Markets have been in business for 17 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • IC Markets Min deposit $200
IC Markets screenshot IC Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee Varies
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IC Markets
funding options here
Losses can exceed deposits

IC Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IC Markets Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IC Markets
instruments here
Losses can exceed deposits

IC Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IC Markets website. Our records were last updated on .

Visit IC Markets today
Losses can exceed deposits

CFI Markets Vs eToro Table of Contents

CFI Markets and eToro in Detail

CFI Markets Review Screenshot

The CFI Markets online trading platform gives traders from all over the world access to over 100 financial instruments including over 5,000 available instruments. There are over 10,000+ registered customers that have taken advantage of the CFI Markets platform.

CFI Markets are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).

CFI Markets Review Screenshot

eToro is a renowned Cyprus, UK financial trading brokerage established in 2007.

eToro serves customers globally and are regulated by FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076. Depending on the country you are trading from CFI Markets may serve you from a different business entity to comply with its financial regulators.

eToro is listed as a publically traded company on a major stock market. As part of their regulatory requirements eToro has to disclose a yearly report publically. Because of this extra level of auditing and regulation eToro can be considered trustworthy. CFI Markets is not listed as a PLC.

eToro is a popular well known financial trading platform serving over 30,000,000 customers.

Benefits of CFI Markets and eToro Compared

Below, we will give you a summary of the benefits CFI Markets and eToro offer side by side.

CFI Markets offers a minimum deposit of 100 while eToro have a 50 minimum deposit.

Why smaller trading deposits are good and how CFI Markets and eToro compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either CFI Markets or eToro. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. CFI Markets requires a minimum deposit of 100, whereas eToro mandates a minimum deposit of 50. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's CFI Markets or eToro, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

CFI Markets allows traders to trade up to 100 financial instruments while eToro have around 5,000 on their trading platform.

The more instruments available on CFI Markets and eToro trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of CFI Markets or eToro.

The CFI Markets trading platform has 0 stocks listed while eToro has 2,042 stocks listed.

CFI Markets allows retail traders to trade the following assets Forex on the CFI Markets MT4, Mac, Tablet & Mobile apps trading platforms.

Alternatively eToro allows retail traders to trade Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds on the eToro Web Trader, Tablet & Mobile apps trading platforms.

Compare CFI Markets and eToro in more detail below.

Drawbacks of CFI Markets and eToro Compared

Below we compare what drawbacks CFI Markets and eToro have side by side.

Various potential downsides can be associated with certain brokers, including CFI Markets and eToro. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by CFI Markets compared to eToro. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of CFI Markets versus eToro.

Broker CFI Markets eToro IC Markets
Inactivity Fees Yes Yes No
Withdrawl Fees No Yes No
Withdrawal Processing Time Varies Varies Varies
Min Deposit 100 50 200
Social Trading No Yes Yes
Excluded Countries ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, US, IR, CA, NZ, JP

CFI Markets Vs eToro Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with CFI Markets or eToro. A diversified portfolio with CFI Markets or eToro can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like CFI Markets or eToro, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as CFI Markets and eToro.

Broker CFI Markets eToro IC Markets
Instruments Available 100 5000 2250
Offers share dealing No Yes Yes
Number of Shares 0 2,042 2,100
Offers US Stocks No Yes Yes
Offers UK Stocks No Yes Yes
Offers German Stocks No Yes Yes
Offers Japanese Stocks Yes Yes Yes
Offers Indices Trading Yes Yes Yes
Number of Commodities 0 31 20
Offers Metals Commodities Yes Yes Yes
Offers Energy Commodities Yes Yes Yes
Offers Agricultural Commodities No Yes Yes
Offers Forex Trading Yes Yes Yes
Number of Forex Pairs 30 50 61
Offers Major Forex Pairs Yes Yes Yes
Offers Minor Forex Pairs Yes Yes Yes
Offers Exotic Forex Pairs Yes Yes Yes
Offers CFD Trading Yes Yes
Offers Social Trading No Yes Yes

CFI Markets Vs eToro Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both CFI Markets and eToro, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both CFI Markets and eToro offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with CFI Markets or eToro is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with CFI Markets or eToro could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on CFI Markets, eToro, and all brokers are subject to regulation.

We compare CFI Markets vs eToro Crypto options below side by side.

Broker CFI Markets eToro IC Markets
Allows Cryptocurrency Trading (availability subject to regulation) No Yes Yes
Cryptocurrencies Offered BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, EOS, NEO, XLM, IOTA, TRX, ZEC, BNB, XTZ BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

CFI Markets Vs eToro Commission and Fees

knowing your trading and commission fees with CFI Markets vs eToro is extremely important. For the majority of the CFI Markets 100 financial instruments and eToro 5,000 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with CFI Markets and eToro. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with CFI Markets and eToro before you invest because you must know what you are paying.

You ideally want to choose a broker like CFI Markets or eToro that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with CFI Markets or eToro. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential CFI Markets and eToro fees, of course. Make sure you do your research and check the commission and fees with both CFI Markets and eToro before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with CFI Markets or eToro be aware of or 3rd party payment provider fees and currency conversion fees.

Both CFI Markets and eToro do charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant CFI Markets and eToro accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your CFI Markets or eToro account, or choose to close it.

Usually, the associated fees for dormant CFI Markets or eToro accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live CFI Markets or eToro trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like CFI Markets or eToro you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay CFI Markets or eToro nothing for this. If this is the case, it can be a big problem. Constant deposits will eat into your profit, so this will take some consideration before you sign up.

Let's see how CFI Markets vs eToro compare side by side for commissions and fees.

Broker CFI Markets eToro IC Markets
Min Deposit 100 50 200
Inactivity Fees Yes Yes No
Withdrawal Fees No Yes No
Deposit Fees Varies No Varies

CFI Markets Vs eToro Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the CFI Markets and eToro platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an CFI Markets or eToro demo account.

Broker CFI Markets eToro IC Markets
Offers MT4 Yes No Yes
Offers MT5 No No Yes
Offers cTrader No No Yes

CFI Markets Vs eToro Mobile Trading

Trading on your mobile with CFI Markets and eToro can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and CFI Markets and eToro mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with CFI Markets or eToro. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with CFI Markets or eToro can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with CFI Markets or eToro is essential. Likewise, if you have an android phone, it's crucial to verify if CFI Markets or eToro broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if CFI Markets and eToro have trading apps compatible with your device.

Broker CFI Markets eToro IC Markets
Web Platform Yes Yes Yes
IOS Trading App Yes Yes Yes
Android Trading App Yes Yes Yes
Microsoft Trading App Yes No Yes

CFI Markets Vs eToro Trading Account Types Offered

CFI Markets Vs eToro Demo Account

A demo account with CFI Markets or eToro is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an CFI Markets and eToro demo account.

CFI Markets Vs eToro Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if CFI Markets or eToro offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

CFI Markets and eToro do not offer Micro accounts.

CFI Markets Vs eToro Standard Account

A standard account is available on CFI Markets and eToro to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both CFI Markets and eToro do offer clients Standard accounts.

CFI Markets Vs eToro MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with CFI Markets or eToro or alternative.

CFI Markets does offer clients MAM accounts, while eToro does not offer clients MAM accounts.

CFI Markets Vs eToro ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with CFI Markets or eToro or alternative.

CFI Markets and eToro do not offer clients ECN accounts.

CFI Markets Vs eToro Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with CFI Markets or eToro or alternative.

Both CFI Markets and eToro do offer clients Islamic accounts.

CFI Markets Vs eToro STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with CFI Markets or eToro or alternative.

Both CFI Markets and eToro offer clients STP accounts.

CFI Markets Vs eToro Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

CFI Markets and eToro do not offer clients Managed accounts.

Broker CFI Markets eToro IC Markets
Offers Demo Accounts Yes Yes Yes
Offers Micro Accounts No No No
Offers Standard Accounts Yes Yes Yes
Offers MAM Accounts Yes No Yes
Offers ECN Accounts No No No
Offers Islamic Accounts Yes Yes Yes
Offers STP Accounts Yes Yes No
Offers Managed Accounts No No No

CFI Markets Vs eToro Withdrawal and Funding Methods

CFI Markets and eToro have multiple deposit and withdrawal options. Funding and withdrawing from your CFI Markets and eToro accounts to your chosen payment method should be straightforward. Lets see how CFI Markets and eToro compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from CFI Markets or eToro.

Broker CFI Markets eToro IC Markets
Payment Methods Credit cards, Bank Transfer, PayPal, Neteller, Credit cards, VISA, MasterCard, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, Giropay, Electronic wallets (eWallets), Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),

CFI Markets Vs eToro Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of CFI Markets or eToro support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the CFI Markets and eToro support is always available when needed. CFI Markets and eToro customer support is not just useful. broker customer support is crucial to your trading success!

CFI Markets Vs eToro Live Chat

Live chat is important for several reasons. When you encounter a problem with CFI Markets or eToro trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Both CFI Markets and eToro offer livechat support.

CFI Markets Vs eToro Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either CFI Markets or eToro you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the CFI Markets or eToro support team to answer satisfactorily. Email support with CFI Markets and eToro will be needed.

Both CFI Markets and eToro offer email support.

CFI Markets Vs eToro Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either CFI Markets or eToro. We can get straight to the point, saving us time and frustration.

CFI Markets do offer phone support. On the other hand eToro do not offer phone support.

Lets see how CFI Markets and eToro customer support compare side by side.

Broker CFI Markets eToro IC Markets
Offers Live Chat Yes Yes Yes
Languages English English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email [email protected] [email protected] [email protected]
Phone =+ 357 24 400270 No No

CFI Markets Vs eToro Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether CFI Markets and eToro are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that CFI Markets or eToro have these in place, please be extremely cautious before you proceed with them.

We compare CFI Markets Vs eToro financial regulation and licensing side by side below.

Broker CFI Markets eToro IC Markets
FCA Regulation Yes Yes No
CySEC Regulation Yes Yes Yes
MiFID Regulation No No No
ASIC Regulation No Yes Yes
FSCA Regulation No No No
DFSA Regulation No No No
MAS Regulation No No No

CFI Markets Vs eToro Risk Management Features

When trading with either CFI Markets or eToro you will want to understand and make full use of all the risk management features on your CFI Markets or eToro trading platforms.

We compare side by side the trading risk management features offered by CFI Markets and eToro below.

CFI Markets Vs eToro Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

CFI Markets does offer clients hedging, while eToro does not offer clients hedging.

CFI Markets Vs eToro Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both CFI Markets and eToro do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on CFI Markets or eToro. You must still monitor any live trades and your financial exposure and financial risk.

CFI Markets Vs eToro Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both CFI Markets and eToro do offer clients limit orders.

CFI Markets Vs eToro Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

CFI Markets does not offer clients negative balance protection, while eToro does offer clients negative balance protection.

Broker CFI Markets eToro IC Markets
Offers Hedging Yes No Yes
Negative Balance Protection No Yes Yes
Guaranteed Stop Loss No No No
Offers Limit Orders Yes Yes Yes
Offers Trailing Stops Yes Yes Yes

CFI Markets Vs eToro Verdict

We hope this CFI Markets Vs eToro guide has helped you decide who is best to trade with out of CFI Markets and eToro.

When choosing a broker like CFI Markets or eToro for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with CFI Markets or eToro are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as CFI Markets or eToro, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with CFI Markets or eToro.

Also, before you sign up with online brokers like CFI Markets or eToro, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with CFI Markets or eToro before investing money into something.

Beware of the risks that come with trading with CFI Markets or eToro. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all CFI Markets and eToro educational resources and financial research tools. If you are new to trading, sign up for a demo account with CFI Markets and eToro to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using CFI Markets or eToro will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if CFI Markets and eToro fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with CFI Markets or eToro if your investment strategy is more long-term.

CFI Markets and eToro Alternatives

If CFI Markets and eToro are not what you are not quite what you are looking for we list some of the best CFI Markets and eToro alternatives below.

Other CFI Markets and eToro Vs Comparisons

If you are still looking for an alternative to CFI Markets and eToro and want to see how CFI Markets or eToro compares Vs other brokers check out the CFI Markets Vs and eToro Vs list below.

CFI Markets Vs Alternatives

Still not happy have a look at some of our alternative CFI Markets Vs side by side comparisons below

eToro Vs Alternatives

Still not happy have a look at some of our alternative CFI Markets Vs side by side comparisons below

CFI Markets Vs eToro Frequently Asked Questions

We answer some of the most frequently asked CFI Markets Vs eToro questions below.

Is CFI Markets any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is CFI Markets legit? - CFI Markets are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and have been in business since 2012

Is eToro any Good?

eToro are regulated by FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 and have been in business since 2007.

Which is better CFI Markets or eToro?

CFI Markets does not have a high rating, while eToro does not have a high rating.

Is CFI Markets a con?

CFI Markets is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and have been in business since 2012. CFI Markets is most definitely not a con as they are regulated by major financial regulators.

Is eToro a con?

eToro is regulated by FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 and have been in business since 2007. We recommend looking at a eToro alternative that has more financial regulation.

What happens if CFI Markets or eToro go bust?

CFI Markets and eToro are regulated, which means that as part of their regulatory obligations CFI Markets and eToro have to offer a certain level of financial protection to their clients. CFI Markets and eToro should by law keep client funds separate from CFI Markets and eToro funds. If either CFI Markets or eToro goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the CFI Markets and eToro websites and regulators.

Are CFI Markets or eToro good for beginners?

CFI Markets and eToro offer low deposits and access to a selection of market insights and news resources. Both CFI Markets and eToro offer demo accounts. Demo trading accounts are a big plus for CFI Markets and eToro as it shows they are interested in their customers.


Learn more Learn more about CFI Markets.
Losses can exceed deposits