eToro vs. E*TRADE

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
eToro
Score 7.5 out of 10
N/A
The eToro platform enables people to invest in the assets they want, from stocks and commodities to cryptoassets.N/A
E*TRADE
Score 1.2 out of 10
N/A
E*TRADE is a financial services company and pioneer in the online brokerage industry. Having executed the first-ever electronic trade by an individual investor more than 30 years ago, the Company focused on delivering complete and easy-to-use solutions for traders, investors and stock plan participants.N/A
Pricing
eToroE*TRADE
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
eToroE*TRADE
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details$0--Stocks, options, and ETFs/ $0.65 50¢ with 30+ trades per quarter--Options contracts/ $1.50--Futures contracts/ $1.00 per bond, (minimum $10, maximum $250)--Bonds (online secondary trades)
More Pricing Information
Community Pulse
eToroE*TRADE
Considered Both Products
eToro
Chose eToro
I have not used any product as comprehensive as eToro or that is comparable to eToro. I have used and continue to use other online trading platforms, but these services are mainly geared towards facilitating trading only. Unlike eToro, they do not offer any decent degree of …
Chose eToro
eToro is definitely geared more toward the investor crowd with more familiar looking charts and cost basis tracking than dedicated crypto wallets or services. I use it alongside others, but definitely like the features here for making strictly investment related decisions and …
E*TRADE
Chose E*TRADE
Robinhood is similar to e-trade but they are geared more to bitcoin and companies that may not be offered on E*TRADE because they are off-market companies.
Best Alternatives
eToroE*TRADE
Small Businesses
Coinbase
Coinbase
Score 9.0 out of 10
Coinbase
Coinbase
Score 9.0 out of 10
Medium-sized Companies
Coinbase
Coinbase
Score 9.0 out of 10
Coinbase
Coinbase
Score 9.0 out of 10
Enterprises

No answers on this topic

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
eToroE*TRADE
Likelihood to Recommend
8.2
(0 ratings)
1.2
(0 ratings)
User Testimonials
eToroE*TRADE
Likelihood to Recommend
If you're just looking to do some trading with high visibility into managing costs in both traditional investments as well as crypto, eToro is a great option. If you want to do more than just have exposure to crypto markets, like use smart contracts or use other computing features of a cryptocurrency, you might want to use a platform more geared to that.
Read full review
Being used other panels, E*TRADE has an edge on getting things done related trading, selling and purchasing at a great extend, it is very easy to use, provided that the users have very less knowledge in Share Markets, the tool has a minimal platform as. well as advanced features to work with multiple people. However, there is room for improvement in terms of Management features and Support after the employee leaves.
Read full review
Pros
  • Excellent presentation of cost basis
  • Easy to get exposure to crypto as well as traditional investments
  • Allows copy trading
Read full review
  • I like their sell orders that allow you to set a price or percentage as a stop loss.
  • Their dashboard is easy to use and gives you some quick info.
  • I also like E*TRADE's reports for gains and losses.
  • Moving funds into and out of your accounts is pretty simple with E*TRADE.
Read full review
Cons
  • eToro has met our needs for an online and investment platform.
  • I cannot think of anything in which eToro can improve.
Read full review
  • summary page needs to have more details like it doesn't show current market price for an option purchased
  • purchase or sell needs to be user friendly so it takes less time.
Read full review
Alternatives Considered
I have not used any product as comprehensive as eToro or that is comparable to eToro. I have used and continue to use other online trading platforms, but these services are mainly geared towards facilitating trading only. Unlike eToro, they do not offer any decent degree of trader/investor education, or value-added services, such as access to the WSJ and Financial Times or a dedicated account manager
Read full review
robinhood is similar to e-trade but they are geared more to bitcoin and companies that may not be offered on E*TRADE because they are off-market companies.
Read full review
Return on Investment
  • 10-15% ROI per annum since signing up to eToro two years ago
Read full review
  • Limit how much you want invest.
  • This is an open trade website and there is a risk of losing your money based on your investments.
  • If you make some sound investments and keep yourself within a budgeted spending limit there is the opportunity to make money on e-trade.
Read full review
ScreenShots