Pt/C, PtMOn/C (M = Ni, Sn, Ti, and PtX/C (X = Rh, Ir) catalyst systems were prepared by using the pulse alternating current (PAC) technique. Physical and electrochemical parameters of samples were carried out by x-ray powder diffraction (XRD), transmission electron microscopy (TEM), and CO stripping. The catalytic activity of the synthesized samples for the ethanol electrooxidation reaction (EOR) was investigated. The XRD patterns of the samples showed the presence of diffraction peaks characteristic for Pt, NiO, SnO2, TiO2, Rh, and Ir. The TEM images indicate that the Pt, Rh, and PtIr (alloys) particles had a uniform distribution over the carbon surface in the Pt/C, PtRh/C, PtIr/C, and PtMOn/C (M = Ni, Sn, Ti) catalysts. The electrochemically active surface area of catalysts was determined by the CO-stripping method. The addition of a second element to Pt or the use of hybrid supported catalysts can evidently improve the EOR activity. A remarkable positive affecting shift of the onset potential for the EOR was observed as follows: PtSnO2/C > PtTiO2/C ≈ PtIr/C ≈ PtNiO/C > PtRh/C ≈ Pt/C. The addition of SnO2 to Pt/C catalyst led to the decrease of the onset potential and to significantly facilitate the EOR. The long-term cyclic stability of the synthesized catalysts was investigated. Thereby, the PtSnO2/C catalyst prepared by the PAC technique can be considered as a promising anode catalyst for direct ethanol fuel cells.