Brokers

Broker Comparison

Compare Top Online Brokers for 2025

Side-by-side look at eToro, XM, AvaTrade, Plus500 and IQ Option: products, platforms,
copy trading, and pricing – all in one place, so you can quickly see which broker may suit your style.

5 brokers reviewed
CFDs & Forex focus
Includes social & copy trading options

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Compare Brokers by Style

Start with the broker that best matches how you want to trade, then dive into the full review for all the details.

eToro
Best for social & copy trading

4.6/5

Social & Copy Trading
Stocks & ETFs
CFDs & Crypto*

User-friendly platform with a large investing community. You can copy other traders, invest in real stocks and ETFs,
and trade CFDs on multiple markets (availability depends on region).

Web & Mobile
CopyPortfolios
Beginner-friendly UI

XM
Best for Forex traders & education

4.5/5

Forex & CFDs
MT4 / MT5
Multiple account types

XM offers Micro, Standard and other account options, with extensive webinars and educational material,
and strong support for MetaTrader 4 & 5.

Education & webinars
Flexible position sizing

AvaTrade
Best for multi-platform CFD trading

4.4/5

MT4 / MT5
AvaTradeGO
Wide CFD range

AvaTrade focuses on a broad set of platforms and tools, with CFDs on Forex, indices, commodities, stocks and more,
depending on your region.

Multi-asset CFDs
Desktop, web & app

Plus500
Best for simple CFD-only trading

4.4/5

CFDs only
WebTrader & App
Wide market coverage

Plus500 focuses on a clean, straightforward CFD platform. All products are traded via CFDs,
so you never own the underlying assets.

Simple interface
Risk tools (stops)

79% of retail CFD accounts lose money.

IQ Option
Best for short-term CFD traders

4.0/5

Proprietary platform
Short-term focus

IQ Option offers its own custom platform with a strong focus on fast, short-term CFD trading.
Exact products depend on your region and regulation.

Visual interface
Multi-asset CFDs*

Key Metrics Side by Side

A compact snapshot of what each broker focuses on. For complete fee tables and product lists, always refer to the full reviews and the broker’s own website.

Broker Best For Main Products Platforms Copy / Social
eToro Social & copy trading Real stocks & ETFs + CFDs* eToro Web & App Yes (CopyTrader)
XM Forex & CFDs with education Forex, indices, commodities, stocks (CFDs) MT4 / MT5 / XM platforms No social focus
AvaTrade Multi-platform CFD traders Forex, indices, commodities, stocks, some crypto* MT4/5, AvaTradeGO, WebTrader Some copy options via tools
Plus500 Simple CFD-only experience CFDs on Forex, indices, stocks, ETFs, commodities Plus500 WebTrader & App No
IQ Option Short-term CFD trading CFDs on multiple asset classes* IQ Option proprietary platform No classic copy trading

*Availability of crypto and certain derivatives varies by region and regulation.

How to Decide Which Broker Fits You

1. Start with your trading style

  • Want to copy others? Look first at eToro.
  • Forex + MetaTrader? XM or AvaTrade are strong options.
  • Just want a clean CFD platform? Plus500 focuses on that.
  • Short-term speculative trading? Consider IQ Option’s platform.

2. Check products & markets

  • Ensure the broker actually offers the markets you want to trade (for example specific indices or stocks).
  • Check if you want real shares/ETFs (eToro offers these in many regions) or only CFDs.

3. Compare fees and conditions

  • Compare spreads and overnight (swap) rates on your favourite instruments.
  • Look for possible inactivity or withdrawal fees.
  • Understand how leverage limits work in your region.

4. Regulation & risk

  • Always check which legal entity you actually open an account with and which regulator oversees it.
  • Read the broker’s own risk warnings carefully before funding an account.

Risk Warning

Trading Forex, CFDs and other leveraged products involves a high level of risk and may not be suitable for all investors.
Leverage can work for or against you. You should carefully consider whether you understand how these products work and
whether you can afford to take the high risk of losing your money.

Plus500 specific risk statement: 79% of retail CFD accounts lose money.

Affiliate Disclosure

Some of the links on this page are affiliate links. This means we may receive a commission if you open an account
or trade through these links. This does not change our opinion, our comparison process or the way we rate brokers.