General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.
- Trading 212
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
About eToro vs. Trading 212
eToro and Trading 212 have over a decade of experience, with one founded in 2004 and the other in 2007. Both offer a variety of tools and perks, including:
- Mobile trading platform for iOS and Android
- One-click trading
- Price alerts
- Education Centre
- Proprietary web platforms
- Demo account
There are also many differences between them. For instance, eToro offers social trading and copy trading, but Trading 212 only offers social trading.
eToro only allows trading in USD, while Trading 212 accepts Euros. There are hundreds of other similarities and differences between them, which we’ll discuss below.
eToro vs. Trading 212: Which Broker Offers Better Pricing?
So, who has the better pricing model? Trading 212 or eToro? Let’s take a look.
Neither company charges deposit fees, though eToro charges a withdrawal commission. Both companies will also charge you if your account becomes inactive. They also charge a conversion fee to convert one currency into another.
eToro has a reasonably large minimum deposit of $10 in the US and $200 in most other parts of the world. Trading 212 only requires a $1 minimum. Likewise, eToro has a much larger minimum withdrawal of $50, while Trading 212 requires a $1 withdrawal.
eToro doesn’t charge a purchase commission on stock trading, but you may still be liable to other fees (like overnight and weekend levies), and this broker charges a 1% cryptocurrency fee. There are also fees incorporated into the spreads.
Trading 212 also doesn’t charge a purchase commission (they both offer commission-free trading in terms of purchase commission), but you’ll still need to pay spread fees and interest swap rates.
Trading 212 vs. eToro: Which Market Selection Is Better?
Whether you’re looking for a CFD trading or stock trading app, you need access to as much diversity as possible. Let’s take a look at what eToro has to offer:
- Forex Market: eToro offers over 45 different currency pairs.
- Commodities: you can trade in nearly 50 different commodities on this trading platform.
- Indices: eToro customers can trade in more than 10 different indices on this website.
- Bonds: unfortunately eToro doesn’t cater to trading in bonds
- Crypto Trading: eToro is ideal for crypto investing, offering more than 45 different cryptocurrency options
Now, let’s take a look at the trading options that Trading 212 offers access to:
- Forex Market: Trading 212 is great for trading in foreign currency and offers around 200 different Forex pairs.
- Commodities: commodity trading isn’t a top priority with this platform, and you can only choose from a little over 20 different options.
- Indices: the list of indices is exceptional, with Trading 212 offering over 1,500 different options.
- Bonds: this platform offers more than 60 different tradable bonds
- Crypto Trading: For crypto Traders, this website is disappointing. It has no crypto options.
Winner: for sheer diversity, Trading 212 is the better option. Both companies cater to share trading and other aspects you could usually access from retail CFD accounts. Unfortunately, eToro doesn’t offer bond trading, and Trading 212 doesn’t offer crypto trading.
eToro vs. Trading 212: Which Platform for Forex Traders is Better Regulated?
Both of these trusted trading platforms are considered fairly safe and have various oversight regulators.
eToro has far more regulations than Trading 212. Some of the many regulators include:
- FCA (UK)
- CFTC (US)
- ASIC (Australian)
- SEC (US)
- CySEC (Cyprus)
- Offshore regulation (agreement between the British Virgin Islands and other islands)
Trading 212 falls under the auspices of fewer regulators. Of those listed above, it only works with the following:
It also Falls under the Vanuatu regulating authority, which eToro doesn’t. It’s worth noting that both platforms are ESMA compliant.
Winner: in terms of regulation, eToro offers Traders access to regulation by far more regulatory authorities. Apart from that, both companies offer protective tools like negative balance protection and stop losses.
Which Forex Broker Is Better? Trading 212 or eToro?
When you compare eToro and Trading 212, both are excellent platforms.
Both eToro and Trading 212 offer access to a huge range of trading options, but Trading 212 offers significantly more.
In terms of mobile trading, both platforms are on par. Each of them misses out on one of the investment options that the other has. eToro has Crypto while Trading 212 offers bonds.
Of the two platforms, eToro is the only one that offers social trading. Both offer access to a range of trading tools, and using them is fairly low cost.
If you chat with other traders with retail CFD accounts, the one complaint you’re likely to hear is that their research stream isn’t as intensive as that of many other broker platforms.
If you’re looking for one great feature after the other, excellent Forex trading options, demo accounts, and other advantages, either platform will work for you.
eToro complies with a higher number of regulatory authorities, but Trading 212 offers significantly more trading diversity. Both brokers have proprietary platforms you can trade on, but only Trading212 has a platform for MAC.
Ultimately, we can’t choose an overall winner because it comes down to personal choice. Both platforms are excellent, as attested to by the services offered and the testimonials left in reviews.