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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.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
eToro
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
E*TRADE
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
Futures
Metals
Cryptocurrency
eToro
Stock
0.09% spread per side
ETFs
0.09% spread per side
Options
N/A
Mutual Funds
N/A
Bonds
N/A
Forex Spreads
From 3 pips
CFDs
From 0.09%
Futures
N/A
Metals
From 2 pips
Cryptocurrency
From 1.5%
E*TRADE
Stock
$6.95
ETFs
$19.99
Options
$6.95 + $0.75 per contract
Mutual Funds
$49.99
Bonds
$1
Forex Spreads
N/A
CFDs
N/A
Futures
$2.50 per side, per contract
Metals
$1.50 per contract
Cryptocurrency
$1.50 per side, per contract

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
eToro
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
E*TRADE
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
eToro
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
E*TRADE
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Social trading
Education
Demo account
eToro
Research & Analysis
Social trading
Education
Demo account
E*TRADE
Research & Analysis
Social trading
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
eToro
Android App
iOS App
E*TRADE
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
PayPal
eToro
Minimum deposit
$200
Bank Wire
Visa/Mastercard
PayPal
E*TRADE
Minimum deposit
$100
Bank Wire
Visa/Mastercard
PayPal

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
eToro
Bank Wire
Visa/Mastercard
Withdrawal Time
Within 1 business day
Withdrawal Fee
$25
E*TRADE
Bank Wire
Visa/Mastercard
Withdrawal Time
3 days
Withdrawal Fee
$0

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
eToro
Сountry of Origin
Cyprus
Year Founded
2007
Regulated By
CySEC, FCA, ASIC
E*TRADE
Сountry of Origin
United States
Year Founded
1982
Regulated By
FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
eToro
Phone
+44-866-350-0881
Email
support@etoro.com
Live Chat
No
E*TRADE
Phone
800-387-2331
Email
Email form
Live Chat
Yes

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