eToro vs Trading 212
Compare eToro vs Trading 212 Side by Side
Can’t pick between eToro and Trading 212 and have doubts of which broker is actually better? Use our detailed comparison guide of eToro Review and Trading 212 Review, which includes comparison of the safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.
Summary
| Feature | eToro | Trading 212 |
|---|---|---|
| Website | //www.etoro.com | //www.trading212.com |
| Founded year | 2006 | 2006 |
| Headquarter | Israel | UK |
| Licenses | UK, Australia, Cyprus, Seychelles | UK, Bulgaria, Cyprus |
| Minimum Deposit | 50 US$ | US$ 1 |
| Trading Platforms | eToro platform | Trading 212 platform |
| Eurusd avg Spread | 0.97 pip | 1.2 pips |
Licenses
| Feature | eToro | Trading 212 |
|---|---|---|
| Licenses Countries Info (short) |
|
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eToro vs Trading 212 Brokers both holding UK license, which is considered to be safe, highly trusted and recognised in the EU. eToro has an advantage here, as it is also holds the US and Australian licenses, increasing its traders audience and providing services in more regions.
Broker Types
| Feature | eToro | Trading 212 |
|---|---|---|
| Broker types |
|
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Trading 212 is an STP/NDD Broker, which is better for price transparency, while eToro is a Market Maker Broker with faster in-house order execution.
Trading Conditions
| Feature | eToro | Trading 212 |
|---|---|---|
| Trading Conditions |
|
|
eToro vs Trading 212 provides relatively similar trading conditions restricting some strategies like scalping and both brokers are suitable for advanced traders or professionals with bigger size trading. However, there is a slight advantage to eToro for offering copy and social trading for its traders.
Fees & Commissions
| Fees & Commissions | eToro | Trading 212 |
|---|---|---|
| Inactivity Feemonth | $10 | 0 $ |
| Deposit fee | 0$ | 0 $ |
| Withdrawal fee | 5$ | 0 $ |
| Rollover fee eurusd buy 1 lot | -0.00008269 | -0.000151 |
| Rollover fee eurusd sell 1 lot | 0.00001841 | 0.000002 |
| Avg Eurusd standard acc | 0.97 pip | 1.3 pips |
| Gold | 4.5 | 35 |
| Brent oil | 5 | 4.8 |
| Bitcoin | 102.71 | 50 |
Trading 212 has a bit lower fees than eToro, including low fees with 0$ commission, while eToro’s fees remain considerably elevated. At the same time eToro has lower spreads compared to Trading 212.
Account Types
| Feature | eToro | Trading 212 |
|---|---|---|
| Account types |
|
|
While both eToro vs Trading 212 offer Standard accounts, there is a small advantage on eToro’s side for additionally offering a Swap Free Account, which allows traders to open long-term positions.
Markets & Instruments
| Markets & Instruments | eToro | Trading 212 |
|---|---|---|
| Forex | 52 | 180 |
| Indices | 21 | 23 |
| Commodities | 32 | 26 |
| Cryptocurrencies | 74 | 16 |
| Shares | 3203 | 1700 |
| Bonds | ❌ | ❌ |
| Options | ❌ | ❌ |
| Binary options | ❌ | ❌ |
| Spread betting | ❌ | ❌ |
| Treasuries | ❌ | ❌ |
| Futures | ❌ | ❌ |
| Etfs | 325 | 1000+ |
Trading 212 has a bigger advantage by offering a wide range of assets like stocks and currencies, and having over 3,000 available Shares and ETFs, while eToro is mainly focused on Cryptocurrencies and Shares. Also, eToro is definitely better in its copy trading category, since provides numerous copy trading portfolios and combined portfolios making investment options larger.
Trading Platforms
| Feature | eToro | Trading 212 |
|---|---|---|
| Platforms |
|
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Both Brokers offer only own proprietary Trading Platforms, but eToro has an advantage here by providing the platform with the concept of social trading, which offers clients to connect to trading communities and successful investors.
Deposit & Withdrawal Methods
| Feature | eToro | Trading 212 |
|---|---|---|
| Payment methods |
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eToro vs Trading 212 deposit methods are quite similar, with the only difference of the bigger amount of e-wallet options offered by Trading 212.
Others
| Feature | eToro | Trading 212 |
|---|---|---|
| Others |
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Both eToro vs Trading 212 take client satisfaction quite a priority and keep it at a professional level. Both brokers developed comprehensive educational materials including webinars, learning guides and other supporting sources. There’s a minor disadvantage as we found eToro’s education materials and videos are not super comprehensive and rather medium or basic level.
Conclusion on Trading 212 vs eToro
Concluding eToro vs Trading 212 comparison we found both brokers are reliable and trustworthy with solid international offers and well-regulated nature. Both brokers provide only a proprietary platform, good trading conditions and a great variety of trading instruments. Even though, eToro’s social trading is a great benefit, but a zero-commission and lower spreads offered by Trading 212 would suit both beginner and professional traders. Here is our final recommendation:
- eToro – 🥇Best Broker for Social trading for a number of top traders and Best Industry Social Trading Broker
- Trading 212 – 🥇 Best for Commission-free trading giving traders access to speculate on Shares fluctuations with no commission charges.
