Trading Academy
Forex Glossary
Trading Guides
BlogBest eToro Alternatives 2026
Last updated January 7, 2026
Top forex brokers similar to eToro with social trading, copy trading, and beginner-friendly interfaces.
Written by
Marcus Thompson
Fact Checked by
Sarah Chen
Top 10 eToro Alternatives
eToro pioneered social trading and copy trading. If you're looking for alternatives with similar features - or better forex conditions - we've identified brokers matching eToro's social aspects while often beating it on spreads and fees.
Why Trust BrokerAnalysis?
We test brokers with real money. Our reviews are based on data, not payments. Learn more
Why look for eToro alternatives?
Traders may seek alternatives for lower spreads (eToro has wide forex spreads), no withdrawal fees, real stock ownership, or access to MT4/MT5 platforms.
Quick Picks
Social Features
Compare social trading capabilities.
| Broker | Action | ||
|---|---|---|---|
AvaTrade#1 Choice | AvaSocial + ZuluTrade, better regulation | AvaSocial, ZuluTrade, DupliTrade | Open AvaTrade Account |
| HF Copy with lower spreads | HF Copy | Open HFM Account | |
| Lower deposit, better education | Trading Signals | Open XM Account | |
| FXTM Invest copy trading | FXTM Invest | Open FXTM Account | |
| Social Trading, tighter spreads | Exness Social Trading | Open Exness Account | |
| Myfxbook AutoTrade, raw spreads | Myfxbook, DupliTrade | Open Pepperstone Account | |
| CopyFX platform | CopyFX | Open RoboForex Account | |
| OctaFX Copy Trading | OctaFX Copy | Open OctaFX Account | |
| Social feed similar to eToro | Naga Social, Autocopy | Open Naga Account | |
| Pure copy trading platform | ZuluGuard, ZuluRanking | Open ZuluTrade Account |
Not sure which broker is right for you?
Answer a few quick questions and get a personalised broker recommendation based on your trading style and location.
Detailed Broker Analysis
Multiple copy trading options.
AvaTrade offers AvaSocial, ZuluTrade, and DupliTrade integration for comprehensive copy trading.
Pros
- One of the most regulated brokers globally (9 licenses)
- Commission-free trading model
- Fixed spreads - predictable costs
- Unique AvaProtect risk management tool
Cons
- Fixed spreads are wider than ECN/Raw spread brokers
- Higher inactivity fee ($50/quarter after 3 months)
- No ECN or raw spread account option
- Cryptocurrency spreads can be high
HF Copy with zero spreads.
HFM's HF Copy platform with zero spread accounts offers better trading costs than eToro.
Pros
- Strong multi-regulator oversight (FCA, CySEC, FSCA)
- Excellent account variety for all trader levels
- Outstanding local payment methods (Africa/Asia)
- Low minimum deposit ($0-$5 on most accounts)
Cons
- US clients not accepted
- Inactivity fee after 6 months ($5/month)
- Leverage caps apply in EU/UK jurisdictions
- Some features limited by regulatory entity
Trading signals, top education.
XM offers trading signals and excellent education as alternatives to eToro's social features.
Pros
- Very low $5 minimum deposit
- Multiple account types for all levels
- Excellent educational resources (industry-leading)
- Fast execution with no-requotes policy
Cons
- Not publicly traded - less financial transparency
- No cryptocurrency trading (regulated entities)
- Inactivity fee after 90 days ($15/month then $5/month)
- Standard account spreads wider than competitors
FXTM Invest copy trading.
FXTM Invest lets you copy strategy managers with proven track records.
Social trading + raw spreads.
Exness Social Trading combines copy trading with industry-leading spreads and instant withdrawals.
Pros
- Industry-leading withdrawal speed (instant/seconds)
- Exceptional transparency with public financial reports
- Massive liquidity - $4.5+ trillion monthly volume
- No inactivity, deposit, or withdrawal fees
Cons
- Not available to EU retail clients, US, UK, Canada, Australia
- Retail clients routed to offshore entities for leverage
- Customer support can be busy during peak times
- Limited stock CFD selection compared to competitors
Frequently Asked Questions About eToro Alternatives
Our #1 pick is AvaTrade
Start with the broker we rank highest for safety, pricing, and overall trading experience.
Sources & References
- AvaTrade Trading Account— AvaTrade
- HFM Trading Accounts— HFM
- XM Account Types— XM
Top eToro Alternatives
Get your personalized toplist:
FIND MY BROKERReady to start trading with AvaTrade?
Join thousands of traders worldwide. Open your account today and experience their premium trading conditions.
Related Broker Categories
View All CategoriesInformation on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology.
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.
Rankings based on verified data and hands-on testing. See our methodology →
January 2026