eToro vs TradeStation compared

eToro
TradeStation
Your capital is at risk

eToro

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Deposit and withdrawal score3.8/5.0
  • Markets and products score4.7/5.0
  • Trading platform combined score4.8/5.0
Good to know
Recommended for
  • beginners 4.66/5
  • equity 4.72/5
You can open an account at eToro

TradeStation

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Deposit and withdrawal score2.2/5.0
  • Markets and products score3.2/5.0
  • Trading platform combined score3.8/5.0
Good to know
Recommended for
  • equity 4.08/5
You can open an account at TradeStation
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*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.9

Recommended for Traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading

Best broker for beginners

Overall Score
4.7

Recommended for Traders focusing on US markets and buy-and-hold investing

Best crypto broker

Country of origin

Israel

Country of origin

USA

Fees

Fees score
4.2
Fees score
4.1
Fees summary

Low trading fees, high non-trading fees, free stock and ETF trading

Fees summary

Low trading fees, average non-trading fees, free stock and ETF trading for US customers

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
3.8
Deposit and withdrawal score
2.2
Number of base currencies

1

Number of base currencies

9

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$50

*
Minimum deposit
*

$0

*
Time to open account

1 day

Time to open account

1 day

Required documents

Proof of identity: passport / personal ID Proof of residency: utility bill

Required documents

Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill

Trading platform

Web platform score
4.4
Web platform score
3.8
Mobile platform score
4.9
Mobile platform score
4.8
Desktop platform score
-
Desktop platform score
2.3

Markets and products

Markets and products score
4.7
Markets and products score
3.2
Stocks
Stocks
*
*
Fractional shares
*
*
Fractional shares
ETFs
ETFs
Forex
*
*
Forex
Funds
Funds
Bonds
Bonds
*
*
Options
Options
Futures
Futures
Crypto
*
*
Crypto
*
*
CFDs
CFDs
CFD disclaimer

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

Research score
3.5
Research score
4.3
Charting quality

Great

Charting quality

Great

Education score
5.0
Education score
5.0
Demo account
Demo account

Customer service

Customer service score
4.0
Customer service score
4.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

£85,000 for UK residents, €20,000 for non-UK residents

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000)

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2007

Foundation date

1982

Country of regulation

UK, Cyprus, Australia

Country of regulation

USA

eToro

For detailed information and hands-on experience, read our review of this broker.

TradeStation

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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 on par with TradeStation's and a comparison of their fees shows that eToro's fees are similar to TradeStation's.

Account opening takes about the same effort at eToro compared to TradeStation, deposit and withdrawal processes are more seamless at eToro, while customer service quality is similar to TradeStation's.

Our experts rated the trading platform of eToro as somewhat better than the platform of TradeStation, found that clients have access to more markets and products with eToro, while TradeStation provides somewhat better research and education.

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