eToro vs Robinhood
| eToro | Robinhood |
|---|---|
4.1
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0.9
We do not recommend trading with Robinhood. Their business practices have harmed traders and their "free" trading offer has been criticized for actually costing their traders millions of dollars.
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eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, 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. The brand is particularly popular for its comprehensive social trading platform. 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. |
Robinhood is a stock broker and financial services firm based in California. The broker offers commission-free stocks, cryptos and ETFs, plus other products such as cash cards and retirement accounts. Despite its robust regulation, Robinhood has been involved in numerous scandals and security breaches since 2020. We urge investors to exercise caution. |
| Customer Reviews | |
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4
Based on 2 eToro customer reviews
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1
Based on 1 Robinhood customer reviews
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| Comment by Reviewer | |
| "eToro's social trading platform leads the pack with a terrific user experience and active community chat that can help beginners find opportunities. There are also competitive fees on thousands of CFDs and real stocks, plus excellent rewards for experienced strategy providers." | "Robinhood is aimed at traders looking for stocks and crypto investing opportunities with additional perks. However, the brokerage's recent business practices mean the brand isn't a good option if you want a reliable and trustworthy broker." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities, Bonds | Stocks, ETFs, ADRs |
| Demo Account | |
| Yes | No |
| Minimum Deposit | |
| $50 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $10 | $1 |
| Regulator | |
| FCA, ASIC, CySEC, FSA, FSRA, MFSA | SEC, FCA |
| Margin Trading | |
| Yes | No |
| Margin Rate | |
| 1% | 2.5% |
| STP Account | |
| Yes | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| Yes | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | No |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| App Review | |
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. |
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| Android App Rating | |
4 |
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| iOS App Rating | |
4.8 |
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| Auto Trading | |
| Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | No |
| Copy Trading | |
| Yes | No |
| Copy Trading Platform | |
| eToro continues to deliver one of the best proprietary copy trading platforms on the market, at no additional cost for eToro clients. The web-based platform features a user-friendly and interactive layout and also comes with a community chat, making it a stand-out choice for beginners. | |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| Yes | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $10 | $0 |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
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| Commodities | |
| CFD Trading | |
| You can trade CFDs on over 3,000 assets and access rich market data through the integrated TradingView charts. There are also comprehensive free learning tools available for beginners via the eToro Academy, including dedicated CFD trading courses and guides. | CFD trading not offered |
| FTSE Spread | |
| 1.5 | N/A |
| GBPUSD Spread | |
| 1.9 | N/A |
| Oil Spread | |
| 0.05 | |
| Stocks Spread | |
| 0.57 (Apple) | |
| Forex Trading | |
| An above-average selection of 55 currencies are available with reasonable spreads averaging 0.9 pips on EUR/USD during peak hours. Aspiring traders can continuously hone their forex strategies by switching between demo mode and their live account any time, with full access to the broker's 100+ technical indicators. | Forex trading not offered |
| 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. |
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| GBPUSD Spread | |
| 1.9 | |
| EURUSD Spread | |
| 0.9 | |
| EURGBP Spread | |
| 1.3 | |
| Assets | |
| 55 | |
| Currency Indices | |
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| Cryptocurrency | |
| eToro leads the way in cryptocurrency trading, offering competitive spreads and a fixed 1% commission, plus their own wallet service. The broker offers a vast list of 95+ tokens which is continually being updated. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more | Access 18 crypto assets through the Robinhood app with no commission fees, including access to Bitcoin. On the negative side, the selection is not as wide as other brands and security is weak. |
| Spread | |
| BTC 1% | 0% |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| Yes | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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eToro vs |
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