DIF Broker vs eToro
DIF Broker or eToro – which is better for UK traders 2024? Compare DIF Broker and eToro in this detailed breakdown of their platforms, features and fees.
| DIF Broker | eToro |
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| DIF Broker is ranked #92 among CFD brokers. | eToro is ranked #9 among CFD brokers. |
| DIF Broker was founded in 1999, with a vision to offer personalized brokerage services via innovative technology. The broker offers services to thousands of clients in over 20 countries, and is regulated by the Portuguese CMVM. Traders can access thousands of CFD instruments to trade on a powerful proprietary platform. | eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 51% of retail CFD accounts lose money. |
| 51% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. | |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| No | Yes |
| Instruments | |
| Forex, CFDs, ETFs, indices, shares, energies, futures, options, bonds | CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| €2000 | $100 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $10 |
| Regulator | |
| CMVM, CNMV | FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF |
| Mobile Apps | |
| Yes | |
| Trading App | |
eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand. |
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| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| No | Yes |
| Margin Rate | |
| 1% | |
| MetaTrader 4 | |
| No | No |
| MetaTrader 5 | |
| No | No |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Auto Trading | |
| Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| eToro continues to deliver one of the best proprietary copy trading platforms on the market, at no additional cost for eToro clients. The web-based platform features a user-friendly and interactive layout and also comes with a community chat, making it a stand-out choice for beginners. The latest 'Live Trades' feature also offers real-time insights into the securities being bought by the platform's popular investors. | |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes | Yes |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | Yes |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $10 | |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| DIF Broker offers an impressive total of 30,000+ CFD instruments, which is far more than many brokers I review. That said, I think it's a shame that there's no additional tools or resources on offer for CFD traders. | You can trade CFDs on over 3,000 assets and access rich market data through the integrated TradingView charts. There are also comprehensive free learning tools available for beginners via the eToro Academy, including dedicated CFD trading courses and guides. |
| Leverage | |
| 1:30 | 1:30 |
| FTSE Spread | |
| 1 | 1.5 |
| GBPUSD Spread< | |
| 3 | 1.9 |
| Oil Spread | |
| 0.05 | 0.05 |
| Stocks Spread | |
| Variable | 0.57 (Apple) |
| Forex | |
| I was particularly impressed to see a huge range of 180 major, minor and exotic currency pairs at DIF Broker. I was able to access sensible leverage up to 1:30 and no commission fees. Average spreads are OK but not the most competitive, coming in at around 1 pip for EUR/USD and 1.1 pip on GBP/USD. | An above-average selection of 55 currencies are available with reasonable spreads averaging 0.9 pips on EUR/USD during peak hours. Aspiring traders can continuously hone their forex strategies by switching between demo mode and their live account any time, with full access to the broker's 100+ technical indicators. |
| Assets | |
| 180+ | 55 |
| GBPUSD Spread | |
| 3 | 1.9 |
| EURUSD Spread | |
| 3 | 0.9 |
| EURGBP Spread | |
| 3 | 1.3 |
| Currency Indices | |
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| DIF Broker | eToro |
| 51% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. | |
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