Compare eToro vs Interactive Brokers

Online brokers compared for fees, trading platforms, safety and more. See how eToro stacks up against Interactive Brokers!

eToro vs Interactive Brokers
open account	Visit broker 75% of retail CFD accounts lose money	Visit broker
overall rating	4.6	4.9
overall pros	Free stock and ETF trading in the EU Seamless account opening Social trading experience	Wide range of products Many great research tools Regulated by several authorities
overall cons	High forex fees Withdrawing money is slow and expensive Only one account base currency	Extremely complex desktop trading platform Complicated account opening process Funding and withdrawal only via bank transfer
fees	4.0 Free stock and ETF trading in the EU Low CFD fees High non-trading fees High forex fees Withdrawal fee	4.0 Low trading fees Low stock and ETF fees Low financing rate Free stock and ETF trading for US clients Inactivity fee
account opening	5.0 Fast Fully digital Low minimum deposit	3.0 Fully digital No minimum deposit for most accounts types Not user-friendly Confusing messages throughout the process
deposit and withdrawal	3.0 Credit/Debit card available No deposit fee User-friendly High withdrawal fee Only one account base currency Slow withdrawal - over 3 days	3.0 No deposit fee Several account base currencies First withdrawal each month free Credit/Debit card not available Not user-friendly
web trading platform	4.0 User-friendly Clear fee report Two-step (safer) login Limited customizability (for charts, workspace)	4.0 User-friendly Clear fee report Two-step (safer) login Limited customizability (for charts, workspace)
mobile trading platform	5.0 User-friendly Two-step (safer) login Good search function No Touch/Face ID login	4.0 Two-step (safer) login Good search function Good variety of order types User interface is a bit complex
desktop trading platform		3.0 Clear fee report Good customizability (for charts, workspace) Good variety of order types Not user-friendly Poor search function Too complex for beginners
markets and products	4.0 Stock ETF Forex CFD Crypto	5.0 Stock ETF Forex Fund Bond Options Futures CFD Crypto Warrants Structured Products Indices Metals
research	4.0 Good interactive chart Trading ideas User-friendly Analyst recommendations No fundamental data available No/poor quality news flow	4.0 Good interactive chart Trading ideas Data on asset fundamentals Not user-friendly
customer service	4.0 Live chat Fast response time Relevant answers No phone support No 24/7 support Difficult to find the live chat service	4.0 Phone support Live chat Fast response time No 24/7 support
education	3.0 Demo account Intro guide to the platform Basic educational videos	5.0 Demo account Trading platform tutorial Educational videos Courses only available after registration
safety	Majority of clients belong to a top-tier financial authority Negative balance protection Well-known fintech startup Does not hold a banking license Not listed on stock exchange Financial information is not publicly available	Listed on stock exchange Negative balance protection Regulated by top-tier financial authorities
recommended for	Traders interested in social trading (i.e. copying other investors’ trades)	Traders looking for low fees and a professional trading environment

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