eToro vs. Trade99: Which is a Better Trading Platform for 2020?
eToro is another online broker that is a key player in the world of CFDs and crypto trading. One of the best features of the broker is its CopyTrading feature. eToro offers its trading services through proprietary web traders and mobile app. The broker supports a variety of cryptocurrencies like Ethereum Classic, Bitcoin Cash, Bitcoin, Litecoin, and Ripple.
Trade99 is an exchange that is mainly known for offering a platform to trade in cryptocurrencies. However, it also allows trading in oil and precious metals. Trade99 has won many awards for its innovative technologies, trading platforms, and 24/7 available customer support. Trade99 offers signup bonuses to attract new traders.
eToro has its headquarter in Cyprus while Trade99 has its headquarter in the Dominican Republic.
Yes $10 after one year of inactivity
ETFs, CFDs, Commodities, Metals, Oil, Stocks, Gold, Indices, Cryptocurrencies
Soft commodities, Indices, Precious metals, Cryptocurrencies, Energy Commodities
Deposit & Withdrawal Methods
eToro allows deposits via Bank transfers, Neteller, PayPal, Webmoney, Skrill, MasterCard, etc.
Trade99 allows depositions via credit/debit cards like Visa/MasterCard, Bank Wire, and Bitcoins.
Withdrawal is allowed via PayPal, bank transfer, or credit or debit card.
Doesn’t support popular payment modes like Skrill and Neteller.
Withdrawal takes up to five business days
Withdrawal takes time but it’s an easy process
Types of Account
Demo account so that traders can learn trading without losing any real money
A supreme account with a minimum deposit of $300
Islamic account which is compliant with regulations of Shariah law
A limitless account with a minimum balance of $1000
Corporate account for a wide range of options for the companies
Absolute account, Infinite account, and Eclat account with a minimum balance of $5000, $10,000, and $25,000 respectively.
24/5 availability of customer support
24/7 availability of customer support
Traders can contact the support team by raising tickets, live chat, or call.
Traders can contact support via live support, Ticket system, Chat support, etc. It also has a dedicated support section e.g. Accounting and trading support.
eToro and Trade99 both are amazing online brokers. While trade99 allows trading in more than 190 tradable assets via a highly advanced MetaTrader5 trading platform, eToro allows trading in multiple segments via its web trader. Being new in the market, Trade99 has a lot to improve to get a huge client base whereas eToro is in the business for quite a long time and has many clients that vouch for its services.