Online brokers compared for fees, trading platforms, safety and more. See how Charles Schwab stacks up against eToro!
Last update of data—Jan 2023
Charles Schwab is a US discount broker, regulated by top-tier US authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and holds a banking license.
eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK FCA or Australia's ASIC. eToro USA LCC does not offer CFDs, only real Crypto assets available.
Recommended for investors and traders looking for solid research, low fees and great customer service.
Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading.
Charles Schwab
Charles Schwab is a US discount broker, regulated by top-tier US authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and holds a banking license.
Recommended for investors and traders looking for solid research, low fees and great customer service.
eToro
eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK FCA or Australia's ASIC. eToro USA LCC does not offer CFDs, only real Crypto assets available.
Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading.
Charles Schwab's service is on par with eToro's and a comparison of their fees shows that Charles Schwab's fees are similar to eToro's.
Account opening takes somewhat more effort at Charles Schwab compared to eToro, deposit and withdrawal processes are more complicated at Charles Schwab, while customer service quality is somewhat better than eToro's.
Our experts rated the trading platform of Charles Schwab as somewhat worse than the platform of eToro, found that clients have access to less markets and products with Charles Schwab, while eToro provides somewhat lower-quality research and education.
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