General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.
Tier 1 Regulation
Tier 2 Regulation
Tier 3 Regulation
Deposit and Withdrawal
Costs and Fees
Forex Fixed Spreads
Forex Variable Spreads
Fees on Stocks
Fees on Indices
Fees on Cryptocurrencies
Special Trading Conditions
Available Trading Techniques
DEGIRO vs eToro: A Comparison Summary
When it comes to choosing between two brokers, such as DEGIRO and eToro, it is important to consider several factors, such as security, demo accounts, account opening, social-copy trading, markets, trading fees, platforms, education and customer care. Here’s a comparison summary of DEGIRO vs eToro:
DEGIRO holds only the BaFin regulation, which means it is available only within the European Union, while eToro is registered with CySEC, ASIC and FCA, and is also eligible for US traders. eToro has a higher security rating of 95 compared to DEGIRO’s 93.
DEGIRO does not offer a demo account, while eToro offers an unlimited demo account with virtual funds of $100,000, which can be restored by contacting customer support.
DEGIRO has a lower minimum deposit of €0.01, and offers a basic, active, trader, and day trader account. However, it only accepts EUR as account currency. eToro’s minimum deposit is $200 for most countries, offers a standard, Islamic, corporate, and professional account for advanced traders, and only accepts USD as account currency.
DEGIRO does not offer social-copy trading, while eToro is known for its social-copy trading service, which is provided through their proprietary platform.
DEGIRO offers 30,000+ stocks, 4,500+ ETFs, and 500+ futures and options, but does not offer forex, commodities, indices, or crypto assets. eToro offers 49 forex pairs, 35 commodities, 20 indices, 80 crypto assets, 1,050+ stocks, 290+ ETFs, and 4 futures and options, both as CFDs and real assets.
DEGIRO has very low commissions of $1 per order, and some ETFs do not charge fees. eToro offers zero-commission real stocks (other fees may apply) and ETFs for CySEC, FCA, and ASIC traders, with the possibility to start investing with just $10, but has spreads above the market average.
DEGIRO has a proprietary platform available via web and mobile devices, but it is not easy to use and may take some time to navigate. eToro has a user-friendly proprietary platform specialised in copy and social trading, available via web and mobile devices.
Education and Customer Care
DEGIRO has quality education material, detailed tutorials on stock investing, and easy-to-contact customer care via email and phone, but no live chat. eToro offers high-quality education material, including blog articles, fintech guides, and trading videos, webinars and seminars, and easy-to-contact customer care via email and live chat.
Overall, DEGIRO is a suitable option for long-term investing in stocks and ETFs, while eToro offers a wider range of markets, social-copy trading, and zero-commission real stocks and ETFs, both as CFDs and real assets. eToro also offers an unlimited demo account and high-quality education material, making it a good choice for both novice and advanced traders. However, DEGIRO may be a better option for European traders who prefer lower fees and simple investing options.