eToro vs FP Markets
A side-by-side comparison built from each broker's own published record — licenses checked against official registers, terms quoted from their own pages, with the source linked on every claim.
| Regulation | FCA · CySEC · ASIC · ADGM FSRA · MAS · FSA Seychelles · FinCEN · SEC / FINRA · Gibraltar FSC | ASIC · FSA Seychelles · FSCA · FSC Mauritius · CySEC |
| License no. | FCA FRN 583263 (eToro (UK) Ltd) CySEC 109/10 (eToro (Europe) Ltd; MiCA licence granted Jan 2025) ASIC AFSL 491139 (eToro AUS Capital Limited) ADGM FSRA Financial Services Permission 220073 (eToro (ME) Limited) MAS CMSL CMS101824 (eToro Singapore Pte. Ltd.) FSA Seychelles SD076 (eToro (Seychelles) Ltd) FinCEN NMLS ID 1769299 (eToro USA LLC) SEC / FINRA SEC 8-70212, FINRA CRD 298361 (eToro USA Securities Inc.) Gibraltar FSC 1333B (eToro X Limited, DLT provider) | ASIC AFSL 286354 (First Prudential Markets Pty Ltd, ABN 16 112 600 281) FSA Seychelles SD130 (First Prudential Markets Limited) FSCA FSP 50926 (FP Markets (Pty) Ltd) FSC Mauritius GB21026264 (FP Markets Ltd) CySEC 371/18 (First Prudential Markets Ltd, reg. HE 372179) |
| Founded | 2007 | 2005 |
| Minimum deposit | $10 | $100 |
| EUR/USD spread from | 1 pip (single retail live account; published "Currencies From 1 PIP — EUR/USD 1 Pips" at etoro.com/trading/fees/cfd-spreads/) | 0.0 pips (Raw account, MT4/MT5/cTrader; commission US$3 per 100k lot each way); 1.0 pips (Standard account, zero commission) |
| Leverage | Multiple: Up to 1:500 on Standard and Raw accounts, from 1:1 depending on instrument | |
| Gulf Payments | AED account | |
| Platforms | eToro proprietary web platform, eToro mobile app | MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, Iress, FP Markets mobile app |
| Broker-published claim | Email confirming withdrawal status within 2 business days of the request; receiving funds may take up to 10 business days depending on method — eToro Money: instant; credit/debit card: up to 10 business days; bank transfer: up to 10 business days; PayPal/Neteller/Skrill/Trustly/iDEAL: up to 2 business days. [Source] | Enjoy Skrill and Neteller withdrawals in one business day. [Source] |
| Withdrawal methods | eToro Money (instant), Credit/Debit card, Bank transfer, PayPal, Neteller, Skrill, Trustly, iDEAL | Bank wire (domestic and international), Credit/debit card (Visa, Mastercard), E-wallets (Skrill, Neteller), Crypto wallets |
| Crypto deposits/withdrawals | No | Yes |
| Islamic Accounts | Yes | Yes |
| Measured by us | Testing in progress | Testing in progress |
| Accepts clients from | United Kingdom, Australia, Singapore, United Arab Emirates, Germany, Italy | Australia, Hong Kong, Singapore, China, Thailand, Mexico, Taiwan, United Arab Emirates, Germany, India, Saudi Arabia, Malaysia, Turkey, Kenya, Colombia, Italy, Vietnam, Chile, Peru, Indonesia, Argentina, Qatar, Kuwait, Oman, Bahrain |
| Open account | Open account |
We do not name a winner here. The two records sit side by side because the right answer depends on where you live, what you trade, and which entity would onboard you — all of which the table shows.
By Country
- eToro + FP Markets: Australia, Singapore, United Arab Emirates, Germany, Italy
- eToro Yes / FP Markets No: United Kingdom
- FP Markets Yes / eToro No: Hong Kong, China, Thailand, Mexico, Taiwan, India, Saudi Arabia, Malaysia, Turkey, Kenya, Colombia, Vietnam, Chile, Peru, Indonesia, Argentina, Qatar, Kuwait, Oman, Bahrain
Is eToro or FP Markets better?
Neither is better in the abstract. Compare the rows that apply to you: whether each broker accepts clients from your country, which entity and regulator you would be onboarded under, the minimum deposit, and how withdrawals work on the rail you would actually use.
Which is safer, eToro or FP Markets?
Safety follows the entity that holds your money, not the brand. Both records list every regulator and license number each broker publishes — check which entity serves your country, then verify that license on the regulator's own register.