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Head to head

eToro vs Wingo Markets

eToro is licensed by CySEC in the European Union; FCA in the United Kingdom; ASIC in Australia and FSRA (ADGM) in Abu Dhabi (ADGM), UAE, and also has an offshore registration. Wingo Markets has no licence we could confirm on a regulator's register. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $10 at eToro and $50 at Wingo Markets. Only eToro offers negative balance protection and segregated client money.

Facts last checked: eToro on 20 October 2026, Wingo Markets on 20 October 2026.

eToro profileWingo Markets profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
eToroStrictly regulatedRead the profile
Wingo MarketsRead the profile
Comparing
eToroEuropean Union
Wingo Markets

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Not yet checked
Podgorica, Montenegro (registered office); company incorporated in Mwali, Comoros
Official websites
  • etoro.com
  • wingomarkets.com
  • clientx.wingomarkets.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
eToro (Europe) Ltd
No licence listed
Regulator
CySEC
European Union
No licence listed
Regulation level
Strictly regulated
No licence listed
Licence number
109/10
Check the register
No licence listed
Clients this company serves
Residents of EU and EEA countries
No licence listed
All licences held
  • CySEC (European Union)
  • FCA (United Kingdom)
  • ASIC (Australia)
  • FSRA (ADGM) (Abu Dhabi (ADGM), UAE)
  • FSA Seychelles (Seychelles)
None listed
Segregated client money
Yes
No
Negative balance protection
Yes
No
Compensation scheme
FSCS up to £85,000 (UK); ICF up to €20,000 (Cyprus); none we know of for the Abu Dhabi or Seychelles companies
None

Costs

Your monthly cost
No accounts listed
No accounts listed
Cost per lot (EUR/USD)
No accounts listed
No accounts listed
Spread from
No accounts listed
No accounts listed
Typical EUR/USD spread
No accounts listed
No accounts listed
Commission per lot (round turn)
No accounts listed
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Not yet checked
Not yet checked

Leverage and margin

Maximum retail leverage
1:30 on major pairs (UK, EU, Australia)
1:500
Retail leverage by asset class
  • Major currency pairs (UK: 1:30
  • Non-major currency pairs: 1:20
Not yet checked
Margin call level
Not yet checked
100%
Stop-out level
Not yet checked
30%

Account

Minimum deposit (this account)
No accounts listed
No accounts listed
Base currencies
No accounts listed
No accounts listed
Execution
No accounts listed
No accounts listed

Platforms and features

Platforms
  • eToro web platform
  • eToro mobile app
  • MetaTrader 5
  • Web platform
  • Mobile app
Markets
Currency, index and commodity CFDs alongside stocks, ETFs and crypto (this profile covers CFDs only)
Forex, metals, oil, indices, crypto and share CFDs (the broker says 1,000+ instruments)
Demo account
Yes
Yes
Copy trading
Yes
Yes
Expert advisors (automated trading)
No
Not yet checked
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
Not yet checked
  • Wingo Pay
  • Mastercard
  • USDT (TRC20)
  • USDT (BEP20)
  • Volet
  • AdvCash
Withdrawal fee
$5 on withdrawals from a USD account; none from GBP, EUR or DKK local-currency accounts
Not yet checked
Inactivity fee
None since 28 May 2026, according to eToro's help centre
Not yet checked

Support

Customer support
Not yet checked
Phone, email and Telegram

Our notes

Strengths
  • Licensed by CySEC, the FCA and ASIC, with retail negative balance protection in those regions
  • Copy trading built into the platform, with the same account used for CFDs, stocks and crypto
  • Low first deposit in some countries ($10 in the UK)
  • Low published minimum deposit ($50 on the Starter account)
  • Account conditions, margin call and stop-out levels are published for every account
  • Social trading account for copying other traders
Watch out for
  • eToro's website could not be loaded during our check on 2026-10-20; the cost details on this page come from eToro's own fee and help pages read through a search tool, so confirm them on etoro.com before you trade.
  • eToro now prices CFDs as the market spread plus an opening and closing spread fee charged as a percentage (0.005% per trade on EUR/USD), which is harder to compare with pip-based spreads.
  • Deposits and withdrawals that need a currency conversion carry a conversion fee, and USD withdrawals cost $5
  • MetaTrader is not offered; you can only trade on eToro's own platform
  • Says it holds International Brokerage and Clearing House licence T2023302 from the Mwali International Services Authority (MISA); we could not confirm it on MISA's register on 2026-10-20 because the register site blocked our access.
  • The Central Bank of the Comoros said on 8 December 2025 that MISA is not recognised in the Union of the Comoros and has no legal power to issue financial licences.
  • FinCEN registration as a money services business is an anti-money-laundering registration, not a licence to offer trading
  • Leverage up to 1:500 and no published negative balance protection

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • Wingo Markets: Trading derivatives and leveraged products involves a high level of risk and may not be suitable for all investors. Before trading, please ensure that you fully understand the risks involved and only trade with money you can afford to lose.

Open this comparison in the full tool to share a link with your own accounts and companies chosen.

Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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