eToro vs. Shrimpy

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
Shrimpy
Score 7.0 out of 10
N/A
Shrimpy, headquartered in Santa Clara, is a social trading platform for cryptocurrency. It is presented as a simple way to manage a portfolio by automating the user's trading strategy.
$19
per month
Pricing
eToroShrimpy
Editions & Modules
No answers on this topic
Starter
$19
per month
Professional
$79
per month
Enterprise
$299
per month
Offerings
Pricing Offerings
eToroShrimpy
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details20% discount available for annual pricing.
More Pricing Information
Community Pulse
eToroShrimpy
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 …
Shrimpy
Chose Shrimpy
Shrimpy is simpler to use, and the portfolio rebalancing to adjust to market movements is its best asset. This was used for stocks and shares prior and works in a similar way with crypto. Not sure as to the long-term gains this will provide but the theory stacks up.
Best Alternatives
eToroShrimpy
Small Businesses
Coinbase
Coinbase
Score 9.0 out of 10

No answers on this topic

Medium-sized Companies
Coinbase
Coinbase
Score 9.0 out of 10

No answers on this topic

Enterprises

No answers on this topic

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
eToroShrimpy
Likelihood to Recommend
8.2
(0 ratings)
7.0
(0 ratings)
User Testimonials
eToroShrimpy
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.
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Shrimpy is a good visual aid but it lacks some key features, such as a mobile app.
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Pros
  • Excellent presentation of cost basis
  • Easy to get exposure to crypto as well as traditional investments
  • Allows copy trading
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  • Connects accounts.
  • Automate trading however i don't use this currently.
  • Copy trades etc.
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Cons
  • eToro has met our needs for an online and investment platform.
  • I cannot think of anything in which eToro can improve.
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  • No financial security.
  • No mobile app (yet).
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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
Shrimpy is simpler to use, and the portfolio rebalancing to adjust to market movements is its best asset. This was used for stocks and shares prior and works in a similar way with crypto. Not sure as to the long-term gains this will provide but the theory stacks up.
Read full review
Return on Investment
  • 10-15% ROI per annum since signing up to eToro two years ago
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  • Crypto has taken a hit so ROI is negative at the moment but it will go back up.
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ScreenShots