AvaTrade vs eToro: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeAvaTradeeToro
Licence Score83Very strong74Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record94
1 FCA United Kingdom —Licensed · FRN 583263
1 ASIC Australia LicensedLicensed
1 JFSA Japan Licensed—
1 CBI Ireland Licensed · Ref C53877—
2 CySEC Cyprus —Licensed
2 FSCA South Africa Licensed · FSP 45984—
2 KNF Poland Licensed—
2 FSRA (ADGM) United Arab Emirates Licensed—
2 ISA Israel Licensed—
3 CMA (Kenya) Kenya Licensed—
4 FSA (Seychelles) Seychelles —Licensed
4 BVI FSC British Virgin Islands Licensed—
Founded20062007
HeadquartersIrelandIsrael
TypeForex & CFD brokerMulti-asset broker
Publicly listedNoNASDAQ:ETOR
PlatformsMT4, MT5, ProprietaryProprietary
Minimum depositUS$100US$50
VisitVisit siteVisit site

Frequently asked questions

Is AvaTrade or eToro better regulated?

AvaTrade has the higher Licence Score (83 vs 74), based on the number and tier of licences, operating history and public listing.

Which regulators license both AvaTrade and eToro?

Both are matched to licences from ASIC.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.