Best eToro Alternatives in October 2025

The post Best eToro Alternatives in October 2025 by Jordan Robertson appeared first on Benzinga. Visit Benzinga to get more great content like this.

In recent years, eToro has become a popular brokerage platform for trading stocks, cryptocurrencies and other financial assets. However, if you’re looking for an alternative to eToro, you can take a look at several other brokerage platforms. In this article, Benzinga reviews seven eToro alternatives and the pros and cons of each.

7 Best eToro Alternatives

Here’s a curated list of eToro alternatives, each with its own strengths to consider.

1. Best Overall: Plus500

Best For

Overall

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Disclosure: 82% of retail accounts lose money. The trading of futures is available through Plus500US Financial Services LLC d/b/a Plus500, a Futures Commission Merchant registered with the US Commodity Futures Trading Commission and a member of the National Futures Association (NFA ID number 0001398). Plus500AU Pty Ltd (ACN 153301681).

Best For

Overall

N/A

1 Minute Review

Plus500 is a holistic investment platform that offers futures trading along with other options like crypto, options, stocks, ETFs and much more.

Best For

• Mobile users
• Market access
• Variety of assets

Pros

• Quality website and mobile app
• Low fees
• Many other opportunities to invest

Cons

• You may prefer a platform that is less complex

Futures trading on Plus500 provides access to commodity futures, stock index futures and currency futures, allowing traders to speculate on future price movements with leverage. The platform offers real-time data, advanced charting tools and risk management features, but lacks MT4/MT5 integration and automated trading tools that more seasoned traders may find useful.

While the futures market is inherently complex, Plus500 keeps the interface simple and accessible, making it an appealing option for US traders who want exposure to futures contracts — particular those first setting out or looking for a mobile application to trade from anywhere. Serious futures day traders may prefer a more specialized platform with deeper customization options.

Fees: No commission on trades; costs are built into the spread.

Why we picked it: Benzinga enjoys how Plus500 helps investors build multi-asset portfolios that can be tasked to save for the future, produce income now or something in between, including its intuitive interface and rich cache of information.

2. Best for Beginners: Robinhood

Best For

Commission-Free Mobile Trading

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Best For

Commission-Free Mobile Trading

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Robinhood is a popular trading platform known for its commission-free trades and user-friendly mobile app. Ideal for novice investors, Robinhood makes it easy to buy and sell stocks, ETFs and cryptocurrencies. The platform offers a straightforward, no-frills experience, making it accessible for users new to investing. With features like fractional shares and a sleek interface, Robinhood lowers the barriers to entry for investing, allowing users to start with just a few dollars. It lacks the advanced tools and research options that more experienced investors might seek. Overall, Robinhood is a great choice for beginners seeking a simple way to invest.

Best For

• Beginners looking for simplicity
• Mobile-first investors
• Commission-free trades

Pros

• User-friendly mobile app
• Instant double
• Cash management
• Access to cryptocurrencies

Cons

• Limited research tools
• No mutual funds available
• Basic customer support options

Robinhood is a user-friendly brokerage platform that offers commission-free trading for stocks, options and cryptocurrencies. With no minimum investment requirement, it’s particularly appealing to new investors.

Fees: $0 commission for trading US stocks and ETFs

Why we picked it: Robinhood offers a unique feature called “fractional shares,” allowing users to invest in partial shares of expensive stocks, making it accessible for investors with limited capital to diversify their portfolios.

3. Best for CFD Trading: Vantage Markets

Best For

Dedicated CFD Traders

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Best For

Dedicated CFD Traders

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Established in 2009, Vantage is a CFD broker with over 15 years in the industry and is trusted by 5,000,000+ traders. Vantage Markets is an excellent choice for both beginner and seasoned traders, offering features tailored to diverse needs. With a low $50 minimum deposit, no account maintenance fees, and access to over 1,000 tradable instruments, it appeals to those seeking affordability and variety. Advanced tools like MetaTrader 4 and 5, TradingView, and proprietary platforms cater to professional traders, while copy trading and educational resources support beginners. Negative balance protection and segregated accounts ensure enhanced security.

Best For

• Professional investors in need of an all-in-one broker
• Those who are keen to learn more with free trading education resources
• Intermediate and advanced traders with a small amount of capital

Pros

• Spreads from 0.0 pips on FX, no overnight fees, and $0 commission on US shares
• 1,000+ CFDs on forex, indices, commodities, shares, ETFs, and bonds to diversify your portfolio
• Leverage options vary from 100:1 to 1000:1, tailored to the regulatory requirements of each region
• Trade like professionals at a low cost with our copy trading tool
• One-click trading, comprehensive TradingView charts, expert market analysis, and real-time price alerts all within the same platform
• Free articles, interactive courses, educational videos, podcasts, and webinars, covering everything from how the markets work, to complex technical strategies
• Real-time market analysis and insights
• Intuitive mobile app with extensive functionality
• Negative balance protection
• 24/7 customer service is ideal for international account holders
• Convenient and seamless deposit and withdrawal process
• ASIC, FSCA, the FCS and VFSC regulations
• Funds withdrawal: 2-5 business days
• Promotional Campaign: Gain an extra 50% on your deposit or up to 100% when you make your first-time deposit to a Perpetual Account

Cons

• Product range could be increased

Vantage Markets is a versatile online broker offering access to over 1,000 CFD trading products, including forex, indices, stocks and commodities. The platform supports popular tools like MetaTrader 4, MetaTrader 5, TradingView and the Vantage App, providing traders with diverse, user-friendly options for both web and mobile trading. Vantage also offers educational resources through its Vantage Academy, where traders can access webinars, eBooks and courses to deepen their market knowledge. Additionally, the platform provides promotional incentives, such as deposit bonuses and loyalty rewards, to enhance the trading experience for its users.

Why we picked it: Vantage Markets stands out with its support for copy trading, allowing users to follow and replicate the strategies of experienced traders. Vantage Markets has built a reputation over 15 years for reliability and service, attracting a global clientele seeking flexible trading solutions. The platform’s wide range of financial instruments and educational support make it a solid option for both novice and seasoned traders.

4. Best for Active Forex Traders: FOREX.com

Best For

Overall Trading Experience

Pairs Offered

80

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Disclosure: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% to 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. This is an independent review and has not been influenced by the broker. FOREX.com has only provided general information about its services and offerings to ensure factual accuracy. All opinions expressed in this review are solely those of the reviewer. The products and services available to you will depend on your country of residence and the FOREX.com entity that holds your account, as well as any as well as any applicable regulatory guidelines. To verify the availability of any products or features within your country of residence, please contact the broker directly

Account Minimum

$100

Pairs Offered

80

1 Minute Review

FOREX.com is a highly trusted global broker for forex and CFD traders. With a massive range of tradable currencies, low account minimums and an impressive trading platform, FOREX.com is an excellent choice for traders searching for a home base for their currency trading. New traders and seasoned veterans alike will love FOREX.com’s extensive education and research center that provides free, informative forex trading courses at multiple skill levels.

FOREX.com is regulated by Commodity Futures Trading Commission (CFTC) and member of the National Futures Association (NFA) in the U.S. They also are regulated by the Financial Conduct Authority (FCA) in the UK among other regulators including CIRO, ASIC and more.

Best For

• MetaTrader 4 and 5 users
• Beginner forex traders
• Active forex traders
• Demo account
• Customizable charts with 14 time intervals and multiple time charts

Pros

• Up to 5% cash back of the initial deposit
• 80+ technical indicators
• Leverage available up to 50:1 for U.S. traders
• Exclusive trading tools including Trading Central, NinjaTrade and Performance Analytics
• Trade to your full capability with the mobile app
• Live market analysis, VPS hosting, IRA accounts, corporate accounts, RAW pricing
• EUR/USD spread as little as 0.0 and low commissions
• 30 indicators for technical analysis, nine timeframes and graphical objects such as Line Studies and Shapes on MT4
• Quality execution with one-swipe trading, real-time trade & order alerts and full account management features

Cons

• No negative balance protection for U.S. clients
• No guaranteed stop-loss orders for U.S. clients

FOREX.com is a leading forex and CFD broker offering traders competitive spreads and robust trading platforms like MetaTrader 4/5, NinjaTrader and TradingView. They offer a wide range of over 80 currency pairs along with commodities, indices and cryptocurrencies. 

Fees: Spreads starting from ~1.0 pips on “Standard” accounts; with “commission” accounts you may see lower spreads (as low as ~0.2 pips)

Why we picked it: FOREX.com users will benefit from real-time data, advanced chartings tools, market analysis and various educational resources such as webinars and tutorials to enhance trading skills. FOREX.com caters to both beginners and experienced traders.

5. Best for Active Traders: Webull

Best For

Active Traders

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Best For

Active Traders

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Webull is a commission-free trading platform designed with both beginner and advanced investors in mind. Offering an extensive range of assets like stocks, ETFs, and futures, Webull makes it easy for users to manage their investments through a highly intuitive interface. With educational resources, paper trading options, and no minimum account balance required, Webull caters to those looking to start investing without high upfront costs. The platform’s mobile app ensures that users can trade anytime, anywhere, making it a flexible choice for those with busy lifestyles. Webull’s customer service options are limited, and the platform may feel overwhelming to those completely new to investing.

Best For

• Commission-free trading
• Mobile and desktop trading
• Beginners and experienced traders alike

Pros

• No commissions on trades
• Extensive range of tradable assets
• Easy-to-use mobile app

Cons

• Limited customer service options
• Learning curve for complete beginners

Webull is a commission-free brokerage platform that offers trading for stocks, options and cryptocurrencies. Webull’s mobile app, launched in 2018, has gained popularity for its user-friendly interface and features like paper trading, which allows users to practice strategies without risking real money.

Fees: $0 commission for trading stocks and ETFs.

Why we picked it: The Webull platform offers advanced charting tools and real-time market data, catering to both new and experienced traders looking for in-depth technical analysis capabilities.

6. Best for Fund Investing: Charles Schwab

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Fund Investing

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Best For

Fund Investing

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Charles Schwab is a solid choice for traders of all skill levels. It offers full access to the U.S. equity and options markets as well as 30 international markets. Traders can create a diverse portfolio with $0 commissions and no account minimums. Schwab’s margin trading is expensive but Schwab makes up for it with affordable futures and options trades, along with a comprehensive mobile offering.

Best For

• 3 trading platforms perfectly in sync makes matching your platform to your skill level a snap
• Excellent futures trading education for new traders
• $0 account minimum means anyone can start trading

Pros

• Wide range of available assets to trade, including futures and 30 global markets
• SmartStreet Edge platform is powerful enough for advanced traders, yet easy enough for new traders to utilize
• Unique educational resources (like infographics and podcasts) make learning fun

Cons

• Margin rates are more expensive than competitors
• More limitations on available margin than competitors
• Expensive mutual funds

Charles Schwab is a brokerage platform that offers a wide range of investment products, including stocks, bonds, ETFs and mutual funds. Charles Schwab has no account minimums, making it an excellent choice for new investors who want to start small.

Fees: $0 commission for online equity and ETF trades; Options trading: typically ~$0.65 per contract.

Why we picked it: Unlike eToro’s social trading focus, Charles Schwab provides more comprehensive research tools and educational resources to support informed decision-making.

7. Best for Stock Research: Fidelity

Best For

Stock Research

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Best For

Stock Research

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Fidelity is a comprehensive and responsive brokerage suitable for both new and experienced traders alike. With complete access to the full U.S. stock and options markets, a set of state-of-the-art education and research tools, as well as a wide fee-free fund selection, Fidelity is equally useful for the veteran swing traders to novices opening their first accounts. Mobile traders will be especially happy with Fidelity’s app, which mirrors full capabilities of the platform. Though there isn’t much to criticize about Fidelity, the broker does have a few areas where it can afford to improve. Margin rates are significantly higher than most other brokers, especially for traders borrowing less than $25,000. It also doesn’t offer any access to the futures markets. Despite these minor flaws, Fidelity remains a strong choice for most investors.

Best For

• Easy-to-navigate yet functional platform strikes the perfect balance between expert tools and comfort for beginners
• Mobile trading app is fully-optimized and mirrors full functionality of the desktop platform
• Wide range of education and research options make learning more about securities and the market easier and less time-consuming

Pros

• Complete range of both independent and managed services available at exceptionally affordable prices
• Offers access to both domestic markets and 25 foreign markets, as well as a wide range of options contracts and over 10,000 mutual funds
• Mobile app that is well-integrated and works just as well as the desktop platform
• Wide selection of education tools and resources available free of charge

Cons

• Margin rates higher than many other competing brokerages
• No access to futures trading
• High fees for buying a non-Fidelity mutual fund (with over 3,300 fee-free funds available)

Fidelity provides a more traditional brokerage experience with a strong emphasis on research and educational resources. The platform caters to both novice and experienced investors, with a wide range of assets including stocks, ETFs, mutual funds and retirement accounts.

Fees: $0 commission on most US stock and ETF trades

Why we picked it: Fidelity’s competitive pricing structure, including zero-commission trades on many products, makes it an attractive option for cost-conscious investors.

How to Find the Right Alternative to eToro

To choose the right eToro alternative, consider the following factors:

• Trading options: Determine which assets you want to trade (stocks, cryptocurrencies, forex, etc.) and ensure the platform offers them.
• Fees: Compare commission structures, spreads and other costs across platforms.
• Regulation: Verify the platform is regulated in your jurisdiction for security.
• User interface: Look for an intuitive platform that suits your experience level.
• Research and analysis tools: Evaluate the quality of charting tools, market analysis and educational resources.
• Copy trading: If this feature is important to you, check which platforms offer it.
• Deposit and withdrawal options: Ensure the platform supports your preferred payment methods.
• Customer support: Look for responsive customer service with multiple contact options.
• Mobile app: If you plan to trade on-the-go, test the mobile app’s functionality.
• Demo account: Try out platforms with demo accounts before committing.

Choosing the Best eToro Alternative

If you’re looking for an eToro alternative, you can pick from several options. Robinhood and Webull are both excellent choices for new investors who want to start small, while Charles Schwab and Fidelity offer a wider range of investment options and more advanced trading tools. Ultimately, the best eToro alternative for you will depend on your specific investment needs and preferences. By considering the pros and cons of each platform, you can make an informed decision and find the best brokerage platform for your needs.

Frequently Asked Questions

The post Best eToro Alternatives in October 2025 by Jordan Robertson appeared first on Benzinga. Visit Benzinga to get more great content like this.