Comparison eToro vs E*TRADE

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares eToro vs E*TRADE. Is eToro or E*TRADE a better online broker?

First of all, we’ll compare the commission fees of the two brokers. eToro has a commission fee of 0.09% spread per side, and E*TRADE has a commission fee of $6.95. For a more complete picture, let’s consider trading in the metal market, where eToro and E*TRADE have commission fees of from 2 pips and $1.50 per contract, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading are provided to customers by eToro and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading, Robo Advisor are provided by E*TRADE. Concerning the platforms, eToro uses Web Platform, Android App, iOS App, while E*TRADE uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. eToro was founded in 2007 in Cyprus, and it is regulated by CySEC, FCA, ASIC. And E*TRADE was founded in 1982 in United States, and it is regulated by FINRA,. We can withdraw funds from eToro with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $25. And E*TRADE provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. The withdrawal time for eToro is within 1 business day, and that one for E*TRADE is 3 days.

Overall, eToro boasts 4.5 stars versus E*TRADE 4.3 stars.