Best eToro Alternatives for 2025
Looking for an alternative to eToro? Whether you're after lower fees, better trading platforms, or higher leverage, we've compared the best eToro alternatives to help you find the right broker.
Why Look for an eToro Alternative?
While eToro is a popular trading platform, it may not be the best fit for every trader. Here are some common reasons why traders look for eToro alternatives.
High Fees on Some Assets
eToro has competitive pricing, but some spreads and withdrawal fees can be higher compared to other brokers.
Limited Leverage in Some Regions
For traders seeking higher leverage, alternatives like IC Markets or Pepperstone may offer better options.
No MetaTrader 4 or 5
eToro does not support MetaTrader, which is preferred by many experienced traders for advanced strategies.
Regulatory Restrictions
In some countries, eToro may not offer real stocks or cryptocurrency trading due to regulations.
Limited Advanced Trading Features
eToro is great for beginners, but professional traders may need more customization options.
Limited Asset Selection
While eToro offers a wide range of assets, some traders may need access to a broader selection of stocks, forex pairs, or commodities.
eToro vs Top Brokers: Key Differences
How does eToro compare to other top trading platforms? Below is a detailed breakdown of eToro vs its best alternatives.
| Feature | eToro | Pepperstone | IC Markets | XTB | Interactive Brokers |
|---|---|---|---|---|---|
| Commission | 0% (on real stocks) | Low spreads | Raw spreads | 0% on stocks | $0.005 per share |
| Leverage | Up to 1:30 (retail) | Up to 1:500 | Up to 1:500 | Up to 1:30 | Varies by region |
| MetaTrader Support | ❌ No | ✅ Yes (MT4/MT5) | ✅ Yes (MT4/MT5) | ❌ No | ❌ No |
| Minimum Deposit | $50 | $200 | $200 | $10 | $0 |
| Best For | Copy Trading | Low Spreads | High Leverage | Real Stocks | Advanced Traders |
| Visit Broker | Visit eToro | Visit Pepperstone | Visit IC Markets | Visit XTB | Visit IBKR |
Best eToro Alternatives for 2025
Each of these brokers offers unique advantages over eToro. Below is a breakdown of the best eToro alternatives based on trading needs.
Pepperstone – Best for Low Spreads
- Ultra-low spreads & fast execution speeds
- Supports MetaTrader 4, MetaTrader 5, and cTrader
- Leverage up to 1:500 (depending on jurisdiction)
- Excellent for scalping & day trading
IC Markets – Best for High Leverage
- True ECN broker with tight spreads
- Leverage up to 1:500
- Supports MetaTrader 4, MetaTrader 5, and cTrader
- Excellent execution speed & deep liquidity
XTB – Best for Real Stocks
- 0% commission on real stocks (in eligible countries)
- Easy-to-use proprietary xStation platform
- Regulated by FCA, CySEC, and more
- Strong customer support & educational resources
Interactive Brokers – Best for Advanced Traders
- Access to 150+ markets worldwide
- Advanced trading tools and algorithmic trading
- $0 commissions on U.S. stocks (for eligible accounts)
- Suitable for institutional & professional traders
How to Choose the Right eToro Alternative
Finding the best alternative to eToro depends on your trading goals. Consider these key factors when choosing the right broker.
1️⃣ Trading Fees & Spreads
Compare commissions, spreads, and overnight fees. If you want low spreads, brokers like Pepperstone and IC Markets are great choices.
2️⃣ Leverage & Margin
Are you looking for high leverage? Some brokers, like IC Markets, offer 1:500 leverage for certain accounts, while eToro has lower limits.
3️⃣ Trading Platform
If you need MetaTrader 4 or 5, eToro isn't an option. Choose Pepperstone or IC Markets for advanced trading tools.
4️⃣ Asset Availability
Want to trade real stocks? eToro offers them, but XTB and Interactive Brokers provide a wider asset selection and access to global markets.
5️⃣ Regulation & Safety
Choose a broker that’s regulated in your country. All of these alternatives are licensed by FCA, ASIC, CySEC, and more.
6️⃣ Customer Support & Deposits
Check deposit methods, withdrawal fees, and customer service availability before choosing your broker.
Frequently Asked Questions
Here are some common questions about eToro alternatives. Click a question to see the answer.
What is the best alternative to eToro?
The best alternative depends on your needs. Pepperstone is great for low spreads, IC Markets offers high leverage, XTB provides real stocks, and Interactive Brokers is ideal for advanced traders.
Does eToro have lower fees than other brokers?
eToro offers commission-free stock trading, but spreads and withdrawal fees can be higher than competitors like Pepperstone and IC Markets.
Which brokers offer MetaTrader?
Unlike eToro, both Pepperstone and IC Markets support MetaTrader 4 and MetaTrader 5, making them great choices for technical traders.
Which broker is best for real stock trading?
XTB and Interactive Brokers are excellent choices for trading real stocks with competitive fees and global market access.
Final Thoughts: Choosing the Best eToro Alternative
There are many great alternatives to eToro, each offering unique advantages. Whether you need low spreads, higher leverage, MetaTrader support, or a wider range of real stocks, there's a broker that fits your needs.
Compare the best eToro alternatives and find the right broker for your trading strategy today.