Bestinvest vs eToro

Bestinvest vs eToro Comparison Table 2023
Bestinvest Review 2023 eToro Review 2023
3.3
4.1
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

BestInvest is an FCA-regulated investment platform with thousands of low- or zero-fee US and UK stocks traded via a browser interface or mobile app. Traders can choose between self-directed investment accounts and ISAs or managed accounts. The brand has picked up multiple awards for its trading products.

eToro is a top-rated multi-asset platform which offers both investing in stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. CFDs are not available in the US Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 76% of retail accounts lose money.

76% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Bonus Offer
£100 - £1000 Cashback
Comment by Reviewer
"BestInvest will serve longer-term stock traders from the UK looking for a regulated brand and competitive pricing." "eToro is a great pick for traders who want to trade CFDs with copy trading and other social investing features. The brand is hugely respected with a string of awards and strong regulatory oversight."
Pros
  • Trustworthy firm with regulatory oversight from the FCA
  • Self-directed trading plus ISAs and managed portfolios
  • Free financial planning and coaching
  • Low minimum deposit
  • 25M+ user community
  • Interest up to 5.35% on idle funds
  • Industry-leading copy trading app
  • Commission-free stock trading
  • Islamic/Halal-friendly account
  • Good user reviews and app rankings
  • Low minimum deposit requirement
  • Multiple orders including take profits
  • Digital wallet with multiple currencies
  • Trustworthy and award-winning company
  • Comprehensive online training academy
  • Demo account with access to virtual funds
Cons
  • Few payment methods
  • High fees for some portfolios
  • No margin trading
  • No demo account
  • Fee to withdraw revenue
  • Limited contact methods
  • No guaranteed stop loss
  • No MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms
  • Currency conversion fees for account denominations other than USD
Awards
  • Boring Money Best Buy ISA winner 2023
  • Boring Money Best for Beginners winner for 2023
  • Forbes Advisor - 2022 Best for low-cost Ready-made Portfolios
  • Bestinvest 2022 Stock & Share ISA Innovation
  • Best Junior ISA
  • Bestinvest voted Best ISA Provider 2020
  • Best Low-cost SIPP Provider 2018
  • Bestinvest wins Best Online/Execution-only Stockbroker 2017
  • Best of Show Award 2012 - Finovate Europe
  • Most Innovative Trading Platform 2010 - World Finance Awards
  • Best Trading Software 2011 - World Finance Awards
Instruments
Stocks, ETFs, Trusts, Funds Crypto
Demo Account
No Yes
Minimum Deposit
£0 $10
Trading Platforms
  • Own
  • TradingCentral
Payment Methods
Minimum Trade
£50 $10
Regulator
FCA FCA, ASIC, CySEC, FSA
Margin Trading
No Yes
Margin Rate
1%
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS, Android & Windows
Auto Trading
Ready-Made Portfolios Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do.
Copy Trading
No Yes
Copy Trading Platform
One of the best proprietary platforms currently on the market is the award-winning eToro CopyTrader (at no additional cost for eToro clients). The web-based platform includes a user-friendly and interactive layout and also comes with social features, including a community chat. Copy trading on crypto trades only.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes Yes
Custodial Account
Yes No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $10
Islamic Account
No Yes
Account Currencies
  • GBP
  • USD
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade CFDs on over 3,000 assets and enjoy rich market data through integrated TradingView charts. There is also comprehensive free learning tools via the eToro Academy, ideal for beginners. Fees are low and leverage is in line with regulatory requirements, helping to provide a secure trading environment.
FTSE Spread
1.5 pt
GBPUSD Spread
2 pips
Oil Spread
5 pts
Stocks Spread
0.24% Var
Forex Trading
Forex trading not offered An impressive selection of 52 currencies are tradeable on eToro's proprietary platform and app. Traders can also continuously hone their forex strategies by switching between demo mode and their live account any time.
Forex App

eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand.

GBPUSD Spread
2 pips
EURUSD Spread
1.5 pips
EURGBP Spread
1.5 pips
Assets
49
Currency Indices
  • USD
Cryptocurrency
Crypto trading not offered eToro leads the way in cryptocurrency trading. The lowest spreads (from 1% for BTC), their own wallet service and the largest number of cryptos to trade in the market. Don’t invest unless you’re prepared to lose all the money you invest.
Spread
BTC 1%, ETH 2%
Coins
  • BTC
  • ETH
  • BCH
  • XRP
  • DASH
  • LTC
  • ETC
  • ADA
  • MIOTA
  • XLM
  • EOS
  • NEO
  • ZEC
  • BNB
  • VET
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
76% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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