We may earn a commission if you open an account or buy a challenge through links on this page. Commissions never change our scores. How we make money

eToro vs Ndovu: fees, markets and protection

Facts for both companies from their official pages; each was checked on the date shown in its review.

Facts verified on October 18, 2026

Key differences

Only eToro lists London Stock Exchange, Euronext, Xetra (Deutsche Börse), SIX Swiss Exchange, Toronto Stock Exchange, Hong Kong Exchanges (HKEX), Saudi Exchange (Tadawul), Dubai Financial Market (DFM), and Abu Dhabi Securities Exchange (ADX).
Only eToro is licensed by CySEC, FCA, FSRA (ADGM), ASIC, FSA, MAS, and SEC.
Only Ndovu is licensed by CMA (Kenya), CMA (Rwanda), and CMA (Uganda).
Only eToro supports Visa / Mastercard, PayPal, Neteller, and Skrill for deposits and withdrawals.
Only Ndovu supports M-Pesa for deposits and withdrawals.

Criterion	eToro	Ndovu
Rating	4.0/5 on other platforms 175K ratings	5.0/5 on other platforms 583 ratings
Regulators	CySEC, FCA, FSRA (ADGM), ASIC, FSA, MAS, SEC	CMA (Kenya), CMA (Rwanda), CMA (Uganda)
Markets	US exchanges (NYSE, Nasdaq), London Stock Exchange, Euronext, Xetra (Deutsche Börse), SIX Swiss Exchange +5	US exchanges (NYSE, Nasdaq)
Products	stocks, ETFs, fractional shares	stocks, ETFs, fractional shares, funds
US stock or ETF order	$1 per order	4.5% of the order
Investor protection	FSCS, Cyprus Investor Compensation Fund (ICF), SIPC	—
Deposits and withdrawals	Visa / Mastercard, Bank transfer, PayPal, Neteller +1	M-Pesa, Bank transfer
Founded	2007	2021
Available only in	—	Kenya
Headquarters	—	Kenya
	Read review	Read review

Which regulators license eToro and Ndovu?

eToro is licensed by CySEC, FCA, FSRA (ADGM), ASIC, FSA, MAS, and SEC; Ndovu by CMA (Kenya), CMA (Rwanda), and CMA (Uganda).