eToro
Stake
Basic data of broker
Recommended for Traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading
Best broker for beginners
Recommended for Beginners and investors looking for free US stocks/ETFs and a simple, easy to use trading platform
Israel
Australia
Fees
Low trading fees, high non-trading fees, free stock and ETF trading
Low trading and average non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
1
Deposit type
Withdrawal type
Account opening
$50
$50
1 day
1 day
Proof of identity: passport / personal ID Proof of residency: utility bill
Australian ID for Australian clients. No documents needed for UK clients.
Trading platform
Markets and products
Disclaimer: 81.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Poor
Customer service
Security
£85,000 for UK residents, €20,000 for non-UK residents
$500,000 (securities up to $500,000, cash up to $250,000)
2007
2017
UK, Cyprus, Australia
Australia, UK
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
eToro's service is slightly better than Stake's and a comparison of their fees shows that eToro's fees are slightly higher than Stake's.
Account opening takes about the same effort at eToro compared to Stake, deposit and withdrawal processes are more seamless at eToro, while customer service quality is better than Stake's.
Our experts rated the trading platform of eToro as somewhat better than the platform of Stake, found that clients have access to much more markets and products with eToro, while Stake provides just about the same quality of research and education.