eToro vs FXOpen: 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.

AttributeeToroFXOpen
Licence Score74Strong69Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record43
1 FCA United Kingdom Licensed · FRN 583263Licensed
1 ASIC Australia LicensedLicensed
2 CySEC Cyprus LicensedLicensed
4 FSA (Seychelles) Seychelles Licensed—
Founded20072005
HeadquartersIsraelUnited Kingdom
TypeMulti-asset brokerForex & CFD broker
Publicly listedNASDAQ:ETORNo
PlatformsProprietaryMT4, MT5, TradingView
Minimum depositUS$50US$1
VisitVisit siteVisit site

Frequently asked questions

Is eToro or FXOpen better regulated?

eToro has the higher Licence Score (74 vs 69), based on the number and tier of licences, operating history and public listing.

Which regulators license both eToro and FXOpen?

Both are matched to licences from ASIC, FCA and CySEC.

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.