Compare E*TRADE vs eToro


Online brokers compared for fees, trading platforms, safety and more. See how E*TRADE stacks up against eToro!

E*TRADE vs eToro
overall rating
4.7
4.7
overall pros
  • Low trading fees (free stock and ETF trading)
  • User-friendly mobile trading platform
  • Great research tools
  • Free stock and ETF trading
  • Seamless account opening
  • Social trading
overall cons
  • Only US markets, no forex
  • Only bank transfer
  • Slow live chat
  • High non-trading fees
  • Only one account base currency
  • Customer support should be improved
fees
4.4
  • Free stock and ETF trading
  • Some mutual funds and bonds are free
  • Low non-trading fees
  • High fees for non-free mutual funds
4.3
  • Low trading fees
  • Free stock and ETF trading
  • Low forex and CFD fees
  • Inactivity fee
  • $5 withdrawal fee
account opening
4.2
  • Fully digital
  • No minimum deposit
  • User-friendly
  • Slow account verification
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
2.2
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High fee for wire transfer withdrawal
3.9
  • Credit/Debit card available
  • User-friendly
  • Only one account base currency
  • $5 withdrawal fee
  • Conversion fee for non-USD deposits
web trading platform
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
4.4
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.5
  • User-friendly
  • Good search function
  • Good variety of order types
4.7
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No Touch/Face ID login
desktop trading platform
markets and products
2.8
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
  • Crypto
4.3
  • Stock
  • ETF
  • Forex
  • CFD
  • Crypto
research
4.7
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
3.4
  • Good interactive chart
  • Trading ideas
  • User-friendly
  • Analyst recommendations
  • No fundamental data available
  • No/poor quality news flow
customer service
3.6
  • Phone support
  • Live chat
  • Relevant answers
  • Slow live chat and phone
1.5
  • Relevant answers
  • No phone support
  • No 24/7 support
  • Live chat only for Club members
education
2.4
  • Trading platform tutorial
  • Educational videos
  • Good production quality
  • Demo account is only for Power E*TRADE
4.3
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Overall quality could be better
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Financial information is publicly available
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Investors and traders looking for solid research and a great mobile trading platform Traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading
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