BROKER COMPARISON TOOL

eToro vs LMAX

Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.

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Broker A

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Broker B

	eToro	LMAX
Overall score	3.4 / 5	3.36 / 5
Regulation	CySEC No. 109/10 + FCA No. 583263 + FSA Seychelles No. SD076	CySEC No. 310/16 + FCA-licensed (FRN unconfirmed) FCA-licensed; firm reference number not independently confirmed.
Entity	eToro (Europe) Ltd	LMAX Broker Europe Ltd
Founded	2007	2010
Headquarters	Tel Aviv / Limassol	London, United Kingdom (LMAX Group parent, set up by Betfair/Goldman Sachs alumni); LMAX Broker Europe Ltd is the CySEC-licensed Cyprus entity serving EU retail clients
Minimum deposit	$50	$10,000
Avg. spread (EUR/USD)	1 pips	0.3 pips
Platforms	Proprietary (CopyTrader)	MT4, MT5, Proprietary (LMAX Trader)
Other Tier-1 regulators	ASIC, FSAS	None confirmed
Instruments	5,000+ across forex, stocks, ETFs, commodities, indices, 100+ crypto	LMAX publishes a specific, independently reported range rather than a vague estimate: 100+ instruments across forex, spot metals (bullion), equity indices, commodities, and cryptocurrency CFDs, plus a "Weekend FX" product (cash-settled FX CFDs tradable over the weekend). No shares/stock CFDs were found in any source.
Visit	Visit eToro	Visit LMAX

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How this score is calculated: Nine weighted categories against a fixed, disclosed rubric -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5% -- not a ranking relative to other brokers, and not hands-on tested. See the full methodology. Verify current terms directly with the broker and its regulator's public register before depositing funds. This is not personalized financial advice.