Ovalx Vs eToro

How Ovalx and eToro Compare in 2023

Ovalx or eToro who is better?

Compare OVALX Versus ETORO and IC Markets broker accounts.


Compare Ovalx Vs eToro Side by Side

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

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

If you're itching to start trading, we can assist you in making a well-informed decision when comparing Ovalx and eToro. By comprehensively comparing Ovalx 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 Ovalx, eToro or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on Ovalx 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 Ovalx platform or eToro, you can trust with your money with them. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


Ovalx

(3/5)
Benefits of Ovalx?
  • Established in 2002
  • Ovalx have been in business for 21 years.
  • Head quarters in UK.
  • Live Chat
  • Segregates clients funds
  • Ovalx Min deposit $100
Ovalx screenshot ovalx sign up here
Losses can exceed deposits
Reputation Support
Good
Good

Ovalx Regulation

Ovalx is regulated by the Financial Conduct Authority (FCA).

Excluded Countries

US, BE, CA , SG, BE

Ovalx Fees

Deposit fee No
Commission Yes
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
1 business day

Withdrawal processing time
2-5 business days
See all Ovalx
funding options here
Losses can exceed deposits

Ovalx 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

Ovalx Platforms

MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps

Ovalx Languages

English, French, Spanish, German, Polish, Czech, Greek and Mandarin

See Ovalx
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 Ovalx
instruments here
Losses can exceed deposits

Ovalx 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 Ovalx website. Our records were last updated on .

Visit Ovalx today
Losses can exceed deposits

eToro

(4/5)
Benefits of eToro?
  • Established in 2007
  • eToro have been in business for 16 years.
  • Head quarters in Cyprus, UK.
  • Live Chat
  • Segregates clients funds
  • eToro Min deposit $50
eToro screenshot eToro sign up here
74% 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 (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), 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, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, 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
74% 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
74% 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
74% 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
74% 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
74% 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 16 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

Ovalx Vs eToro Table of Contents

Ovalx and eToro in Detail

Ovalx Review Screenshot

The Ovalx 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 Ovalx platform.

Ovalx are regulated by Financial Conduct Authority (FCA).

Ovalx 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 (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076. Depending on the country you are trading from Ovalx 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. Ovalx is not listed as a PLC.

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

Benefits of Ovalx and eToro Compared

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

Ovalx offers a minimum deposit of 100 while eToro have a 50 minimum deposit.

Why smaller trading deposits are good and how Ovalx 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 Ovalx or eToro. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. Ovalx 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 Ovalx 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.

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

The more instruments available on Ovalx 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 Ovalx or eToro.

The Ovalx trading platform has 5,000 stocks listed while eToro has 2,042 stocks listed.

Ovalx allows retail traders to trade the following assets Forex, CFDs, Spread Betting on the Ovalx MT4, Mac, Mirror Trader, Binary, 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 Ovalx and eToro in more detail below.

Drawbacks of Ovalx and eToro Compared

Below we compare what drawbacks Ovalx and eToro have side by side.

Various potential downsides can be associated with certain brokers, including Ovalx 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 Ovalx 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 Ovalx versus eToro.

Broker ovalx eToro IC Markets
Inactivity Fees Yes Yes No
Withdrawl Fees No Yes No
Withdrawal Processing Time 2-5 business days Varies Varies
Min Deposit 100 50 200
Social Trading Yes Yes Yes
Excluded Countries US, BE, CA , SG, BE 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, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, UA, JO, KR, US, IR, CA, NZ, JP

Ovalx 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 Ovalx or eToro. A diversified portfolio with Ovalx 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 Ovalx or eToro, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as Ovalx and eToro.

Broker ovalx eToro IC Markets
Instruments Available 100 5000 2250
Offers share dealing No Yes Yes
Number of Shares 5,000 2,042 2,100
Offers US Stocks Yes Yes Yes
Offers UK Stocks Yes Yes Yes
Offers German Stocks Yes Yes Yes
Offers Japanese Stocks No Yes Yes
Offers Indices Trading Yes Yes Yes
Number of Commodities 16 31 20
Offers Metals Commodities Yes Yes Yes
Offers Energy Commodities Yes Yes Yes
Offers Agricultural Commodities Yes Yes Yes
Offers Forex Trading Yes Yes Yes
Number of Forex Pairs 60 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 Yes
Offers Social Trading Yes Yes Yes

Ovalx Vs eToro Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both Ovalx 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 Ovalx 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 Ovalx 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 Ovalx 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 Ovalx, eToro, and all brokers are subject to regulation.

We compare Ovalx vs eToro Crypto options below side by side.

Broker ovalx eToro IC Markets
Allows Cryptocurrency Trading (availability subject to regulation) Yes Yes Yes
Cryptocurrencies Offered BCH, BTC, ETH, LTC, XRP 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

Ovalx Vs eToro Commission and Fees

knowing your trading and commission fees with Ovalx vs eToro is extremely important. For the majority of the Ovalx 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 Ovalx 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 Ovalx and eToro before you invest because you must know what you are paying.

You ideally want to choose a broker like Ovalx 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 Ovalx 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 Ovalx and eToro fees, of course. Make sure you do your research and check the commission and fees with both Ovalx 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 Ovalx or eToro be aware of or 3rd party payment provider fees and currency conversion fees.

Both Ovalx and eToro do charge inactivity fees.

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

Usually, the associated fees for dormant Ovalx 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 Ovalx or eToro trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like Ovalx or eToro you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay Ovalx 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 Ovalx vs eToro compare side by side for commissions and fees.

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

Ovalx 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 Ovalx 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 Ovalx or eToro demo account.

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

Ovalx Vs eToro Mobile Trading

Trading on your mobile with Ovalx 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 Ovalx and eToro mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with Ovalx 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 Ovalx 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 Ovalx or eToro is essential. Likewise, if you have an android phone, it's crucial to verify if Ovalx or eToro broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if Ovalx and eToro have trading apps compatible with your device.

Broker ovalx 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

Ovalx Vs eToro Trading Account Types Offered

Ovalx Vs eToro Demo Account

A demo account with Ovalx 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 Ovalx and eToro demo account.

Ovalx 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 Ovalx 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.

Ovalx does offer clients Micro accounts, while eToro does not offer clients Micro accounts.

Ovalx Vs eToro Standard Account

A standard account is available on Ovalx 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 Ovalx and eToro do offer clients Standard accounts.

Ovalx 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 Ovalx or eToro or alternative.

Ovalx and eToro do not offer clients MAM accounts.

Ovalx 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 Ovalx or eToro or alternative.

Ovalx and eToro do not offer clients ECN accounts.

Ovalx 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 Ovalx or eToro or alternative.

Ovalx and eToro do not offer clients Islamic accounts.

Ovalx 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 Ovalx or eToro or alternative.

Ovalx and eToro do not offer clients STP accounts.

Ovalx 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.

Ovalx and eToro do not offer clients Managed accounts.

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

Ovalx Vs eToro Withdrawal and Funding Methods

Ovalx and eToro have multiple deposit and withdrawal options. Funding and withdrawing from your Ovalx and eToro accounts to your chosen payment method should be straightforward. Lets see how Ovalx 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 Ovalx or eToro.

Broker ovalx eToro IC Markets
Payment Methods Credit cards, Debit cards, Bank Transfer, Neteller, UnionPay, SOFORT, Giropay, Payoneer, 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),

Ovalx Vs eToro Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of Ovalx 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 Ovalx and eToro support is always available when needed. Ovalx and eToro customer support is not just useful. broker customer support is crucial to your trading success!

Ovalx Vs eToro Live Chat

Live chat is important for several reasons. When you encounter a problem with Ovalx 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.

Ovalx do not offer livechat support. On the other hand eToro do offer livechat support.

Ovalx Vs eToro Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either Ovalx 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 Ovalx or eToro support team to answer satisfactorily. Email support with Ovalx and eToro will be needed.

Both Ovalx and eToro offer email support.

Ovalx 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 Ovalx or eToro. We can get straight to the point, saving us time and frustration.

Ovalx do offer phone support. On the other hand eToro do not offer phone support.

Lets see how Ovalx and eToro customer support compare side by side.

Broker ovalx eToro IC Markets
Offers Live Chat No Yes Yes
Languages English, French, Spanish, German, Polish, Czech, Greek and Mandarin English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email [email protected] [email protected] [email protected]
Phone =+44 (0) 20 7392 1494 No No

Ovalx 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 Ovalx 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 Ovalx or eToro have these in place, please be extremely cautious before you proceed with them.

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

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

Ovalx Vs eToro Risk Management Features

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

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

Ovalx 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.

Ovalx does offer clients hedging, while eToro does not offer clients hedging.

Ovalx 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 Ovalx and eToro do offer clients stop losses.

Ovalx 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 Ovalx and eToro do offer clients limit orders.

Ovalx 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.

Ovalx does not offer clients negative balance protection, while eToro does offer clients negative balance protection.

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

Ovalx Vs eToro Verdict

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

When choosing a broker like Ovalx or eToro for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with Ovalx 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 Ovalx 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 Ovalx or eToro.

Also, before you sign up with online brokers like Ovalx 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 Ovalx or eToro before investing money into something.

Beware of the risks that come with trading with Ovalx or eToro. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all Ovalx and eToro educational resources and financial research tools. If you are new to trading, sign up for a demo account with Ovalx 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 Ovalx 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 Ovalx 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 Ovalx or eToro if your investment strategy is more long-term.

Ovalx and eToro Alternatives

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

Other Ovalx and eToro Vs Comparisons

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

Ovalx Vs Alternatives

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

eToro Vs Alternatives

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

Ovalx Vs eToro Frequently Asked Questions

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

Is Ovalx any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is Ovalx legit? - Ovalx are regulated by Financial Conduct Authority (FCA) and have been in business since 2002

Is eToro any Good?

eToro are regulated by FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 and have been in business since 2007.

Which is better Ovalx or eToro?

Ovalx does not have a high rating, while eToro does not have a high rating.

Is Ovalx a con?

Ovalx is regulated by Financial Conduct Authority (FCA) and have been in business since 2002. Ovalx 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 (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), 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 Ovalx or eToro go bust?

Ovalx and eToro are regulated, which means that as part of their regulatory obligations Ovalx and eToro have to offer a certain level of financial protection to their clients. Ovalx and eToro should by law keep client funds separate from Ovalx and eToro funds. If either Ovalx 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 Ovalx and eToro websites and regulators.

Are Ovalx or eToro good for beginners?

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


Learn more Learn more about Ovalx.
Losses can exceed deposits