Firstrade vs eToro 2025
In this head to head comparison of Firstrade vs eToro, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of Firstrade vs eToro, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
When considering Firstrade and eToro for your investment needs, it's clear that Firstrade stands out in terms of offering a wider range of investment options. Firstrade provides opportunities for stock, margin, and options trading, and also allows investments in mutual and OTC stocks. It even offers traditional and Roth IRA accounts, with an impressive rating of 4.5 stars for its range of investments, ranking it 6th out of 18 brokers according to StockBrokers.com. Meanwhile, eToro, with a 2.5-star rating and ranked 16th, offers unique options like crypto trading with 26 available coins, aligning more with traders interested in digital assets.
For those interested in traditional investments, Firstrade offers a comprehensive platform that includes stock and options trading, with additional perks such as fractional shares and access to mutual and OTC stocks. Margin trading is also supported, providing an opportunity for leveraged investments. The inclusion of traditional and Roth IRA accounts further enhances Firstrade's appeal to investors looking to plan for the future.
In contrast, eToro prioritizes newer investment avenues by providing crypto trading, making it a solid choice for those eager to engage with digital assets. Though eToro lacks margin trading, mutual funds, and some retirement account options, it still caters to a specific audience focused on cryptocurrencies and also supports stock and fractional shares trading along with options trading. This highlights its targeted approach towards modern and tech-savvy investment strategies.
Feature |
|
|
---|---|---|
Stock Trading | Yes | Yes |
Margin Trading | Yes | No |
Fractional Shares | Yes | Yes |
OTC Stocks | Yes | No |
Mutual Funds | Yes | No |
Options Trading | Yes | Yes |
Futures Trading | No | No |
Crypto Trading | No | Yes |
Crypto Trading - Total Coins | 0 | 26 |
Range of Investments |
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Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025
When choosing between Firstrade and eToro for trading platforms and tools, Firstrade has a slight edge, earning a 3-star rating compared to eToro's 2.5 stars. Both brokers do not offer downloadable trading platforms for Windows or Mac, but they do provide browser-based options for easy access. While neither platform supports the ability to adjust open orders directly on stock charts, eToro offers a paper trading feature, which is missing in Firstrade. Overall, Firstrade ranks slightly higher than eToro for trading platforms and tools according to StockBrokers.com, positioned at #11 out of 18 brokers compared to eToro's #12 ranking.
Firstrade offers 50 columns for watch lists, significantly more than eToro's 7, making it more suitable for traders who prefer detailed lists. In charting features, Firstrade provides more technical indicators with 102 options, while eToro offers 46. However, eToro shines with 48 drawing tools, contrasting Firstrade's 8. Additionally, eToro allows users to add notes to charts and save multiple chart profiles, features that Firstrade does not support. Both platforms allow for adding index overlays to charts but lack the ability to display corporate events or automated technical analysis.
For those interested in personalization, when editing a Simple Moving Average (SMA) study, Firstrade provides six customization fields, slightly edging out eToro's five. However, neither platform supports creating custom studies for charts. While Firstrade delivers more in terms of technical indicators and watch list customization, eToro offers unique charting functionalities such as adding notes and saving different profiles, catering to a more personalized trading experience.
Feature |
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|
---|---|---|
Web Trading Platform | Yes | Yes |
Desktop Trading Platform | No | No |
Desktop Platform (Mac) | No | No |
Paper Trading | No | Yes |
Watch Lists - Total Fields | 50 | 7 |
Charting - Indicators / Studies | 102 | 46 |
Charting - Drawing Tools | 8 | 48 |
Platforms & Tools |
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Dive deeper: Best Stock Brokers & Trading Platforms for 2025, Best Paper Trading Platforms for 2025
When comparing beginner and investor education between Firstrade and eToro, Firstrade offers a slightly more comprehensive learning experience. Both brokers provide stock educational resources, but Firstrade extends its offerings to include options education as well—an area where eToro falls short. While neither platform provides ETF, mutual fund, or bonds education, both cater to visual learners through educational videos. Firstrade takes a step further by hosting webinars, a resource eToro does not provide. Despite these educational differences, neither Firstrade nor eToro offers educational quizzes or the ability to track learning progress, which can be a drawback for users seeking a structured educational journey.
eToro distinctly stands out with its paper trading feature, allowing beginners to practice trading with virtual money, which can be a valuable tool for learning without financial risk. However, when weighted against StockBrokers.com's ratings, Firstrade scores a 3.5-star rating, ranking #13 out of 18 brokers for education, while eToro has a lower 2.5-star rating, positioned at #15. This suggests that while eToro offers some useful features for beginners, Firstrade provides a broader scope of educational resources to guide investors in their learning journey.
Feature |
|
|
---|---|---|
Education (Stocks) | Yes | Yes |
Education (ETFs) | No | No |
Education (Options) | Yes | No |
Education (Mutual Funds) | No | No |
Education (Bonds) | No | No |
Paper Trading | No | Yes |
Videos | Yes | Yes |
Webinars | Yes | No |
Education |
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Dive deeper: Best Stock Trading Platforms for Beginners of 2025
When it comes to choosing between Firstrade and eToro for stock trading app capabilities, both offer a solid experience with unique strengths. Both platforms deliver iPhone and Android apps and support essential functions like mobile options trading, streaming quotes, and the ability to create custom watch lists. Each app is rated equally with 4.5 stars for stock trading. However, Firstrade slightly edges out eToro, ranking #9 among 18 brokers on StockBrokers.com compared to eToro's #11 ranking.
Firstrade provides an edge with tailored features such as the customization of watch list columns and the ability to view charts in landscape mode. It also supports mobile after-hours stock trading, offering flexibility for traders on the go. Although it does not offer after-hours charting or the ability to display stock comparisons on charts, Firstrade enables users to view multiple time frames for charting, backed by 81 available technical studies.
eToro differentiates itself by offering video on demand, which is absent in Firstrade, allowing users to access educational content and market insights directly within the app. It also excels in after-hours charting and has a broader range of technical studies at 103, along with the ability to display stock comparisons on charts. While it lacks features like customizable watch list columns and landscape chart viewing, these tools make eToro a compelling choice for more in-depth chart analysis.
Feature |
|
|
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iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | No | No |
Stock Alerts | Yes | Yes |
Charting - After-Hours | No | Yes |
Charting - Technical Studies | 81 | 103 |
Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2025
When it comes to choosing between Firstrade and eToro for your online trading needs, both stand strong with features catering to different investor preferences. Firstrade emerges as a cost-effective choice for those looking to avoid initial investment barriers, offering a $0 minimum deposit and no fees for stock or options trades. eToro, conversely, requires a modest $50 minimum deposit but matches Firstrade's zero-fee structure for stock and options trading. While both platforms offer commission-free trading, Firstrade maintains an edge with no IRA fees and zero charges for options-related activities.
Firstrade offers comprehensive account fee structures, spotlighting various features like margin trading with interest rates ranging from 13.00% to 13.75% depending on balance. In contrast, eToro does not provide margin trading services, which might limit traders interested in leveraging such options. When discussing account transfers, Firstrade charges $55 for partial and $75 for full transfers, whereas eToro maintains a flat $75 fee for either type of transfer. The slight variance in transfer fees could influence long-term strategic decisions based on potential future transitions between brokers.
For traders considering IRA-related services, Firstrade distinguishes itself by maintaining a $0 charge for both annual fees and closure fees, an area where eToro does not provide comparable service information. This becomes an important aspect for retirement-focused investors who prioritize cost-efficiency in managing long-term accounts. Overall, while both platforms offer competitive free trading experiences, Firstrade provides extra savings with its fee transparency and more detailed margin trading options, making it a compelling choice for budget-conscious traders and retirement planners alike.
Feature |
|
|
---|---|---|
Minimum Deposit | $0.00 | $50.00 |
Stock Trades | $0.00 | $0.00 |
Options (Per Contract) | $0.00 | $0.00 |
Options Exercise Fee | $0.00 | $0.00 |
Options Assignment Fee | $0.00 | $0.00 |
IRA Annual Fee | $0.00 | |
IRA Closure Fee | $0.00 |
Dive deeper: Best Free Trading Platforms for 2025
When it comes to day trading capabilities, Firstrade and eToro each have their own strengths and limitations. For traders requiring streaming time and sales data for stocks, eToro has the edge, offering this feature while Firstrade does not. However, both platforms lack other advanced trading features such as live streaming TV, direct market routing for stocks, ladder trading, and trading hotkeys for keyboard entry. Essential tools like level 2 quotes and both basic and advanced strategy backtesting are also unavailable with both platforms. This could affect traders who rely on detailed market analytics and simulation tools for their trading strategies.
Neither Firstrade nor eToro provides a short locator tool, which means traders aiming to view real-time availability of shares for short selling will need alternative solutions. Additionally, lacking order liquidity rebates, both platforms might not fully satisfy traders looking for incentives related to maker/taker fees. While eToro’s offering of streaming time and sales for stocks may be beneficial for some day traders, those in need of a more comprehensive suite of trading tools might find both platforms lacking in features that support high-frequency trading or in-depth market analysis.
Feature |
|
|
---|---|---|
Streaming Time & Sales | No | Yes |
Streaming TV | No | No |
Direct Market Routing - Stocks | No | No |
Level 2 Quotes - Stocks | No | No |
Trade Ideas - Backtesting | No | No |
Trade Ideas - Backtesting Adv | No | No |
Short Locator | No | No |
Dive deeper: Best Day Trading Platforms for 2025
When it comes to market research for online brokers, Firstrade clearly outshines eToro. Firstrade offers an extensive range of research tools and reports, catering to a broad spectrum of investment needs. Whether you are interested in stocks, ETFs, mutual funds, pink sheets, or bonds, Firstrade provides research capabilities in all these areas. On the other hand, eToro's research facilities are limited. It does not support mutual fund, pink sheets, or bond research, and lacks downloadable PDF reports for stocks and ETFs, unlike Firstrade, which adds to the broker’s comprehensive service. These distinctions are evident in their market research ratings where Firstrade garners an impressive 4.5 out of 5 stars, compared to eToro's modest 1.5 stars.
Furthering its advantage, Firstrade has tools that allow investors to explore portfolio allocation by asset class, an area where eToro does not compete. Both platforms do offer stock research using social media sentiment data, and ESG (Environmental, Social, and Governance) research, which is a nod to the growing importance of sustainability in investment decisions. However, Firstrade steps up with its offering of downloadable PDF reports for ETFs and its effective screeners for stocks, ETFs, mutual funds, and bonds, giving investors comprehensive resources to generate trade ideas.
Firstrade's market research capabilities are reflected in its position as the 6th ranked broker among 18 on StockBrokers.com, demonstrating a significant edge over eToro, which sits at the 14th spot. These rankings encapsulate the breadth and depth of Firstrade's research tools, reaffirming its suitability for investors who value in-depth market analysis. In contrast, eToro’s limited features and tools suggest a more basic offering, making it less appealing to those seeking detailed research and analysis.
Feature |
|
|
---|---|---|
Research - Stocks | Yes | Yes |
Screener - Stocks | Yes | No |
Research - ETFs | Yes | Yes |
Screener - ETFs | Yes | No |
Research - Mutual Funds | Yes | No |
Screener - Mutual Funds | Yes | No |
Research - Bonds | Yes | No |
Screener - Bonds | Yes | No |
Research |
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When comparing Firstrade and eToro on their banking capabilities, Firstrade stands out by offering a few more options for financial management. Firstrade provides checking accounts and debit cards, along with certificates of deposit (CDs), giving users a bit more breadth in banking services. Meanwhile, eToro does not offer these services, focusing solely on trading and investment. Neither Firstrade nor eToro offer savings accounts, credit cards, or mortgage loans. Therefore, for those looking for an online broker that extends beyond trading to include some basic banking functions, Firstrade offers a slight edge over eToro.
Feature |
|
|
---|---|---|
Checking Accounts | Yes | No |
Savings Accounts | No | No |
Debit Cards | Yes | No |
Credit Cards | No | No |
Mortgage Loans | No | No |
CDs | Yes | No |
Dive deeper: Best Bank Accounts for Trading Stocks for 2025
After opening live accounts and testing 18 of the best online brokers, our research and live account testing finds that Firstrade is better than eToro. Firstrade finished with an overall score of 81.8%, while eToro finished with a score of 66.1%.
Firstrade scored well for penny stock trading in our 2024 Annual Awards, and is a great choice for Chinese-speaking investors. However, it lags behind the competition in certain areas, especially platforms, tools and education.
Firstrade does not offer cryptocurrency trading, while eToro provides access to trading with 26 different coins, making eToro a more suitable choice for investors interested in the crypto market.
Dive deeper: Best Online Brokers for Crypto Trading in 2025
Firstrade offers both traditional and Roth IRA accounts with no annual or closure fees, whereas eToro does not provide traditional or Roth IRA options.
Dive deeper: Best IRA Accounts for 2025
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0 of 5Overall Rating | Firstrade | eToro | |
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Commissions & Fees | N/A | N/A | |
Range of Investments |
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Platforms & Tools |
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Mobile Trading Apps |
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Research |
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Customer Service |
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Education |
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Ease Of Use |
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Winner | check_circle | ||
Review | Firstrade Review | eToro Review |
Broker Screenshots | Firstrade | eToro | |
---|---|---|---|
Trading Platform & Tools Gallery (click to expand) | |||
Research Gallery (click to expand) | |||
Mobile Trading Apps Gallery (click to expand) | |||
Education Gallery (click to expand) |
Trading Fees | Firstrade | eToro | |
---|---|---|---|
Minimum Deposit | $0.00 | $50.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | $0.00 | N/A | |
Mutual Fund Trade Fee | $0 | N/A | |
Options (Per Contract) | $0.00 | $0.00 | |
Futures (Per Contract) | (Not offered) | (Not offered) | |
Broker Assisted Trade Fee | $19.95 | $0 |
Margin Rates | Firstrade | eToro | |
---|---|---|---|
Margin Rate Under $25,000 | 13.75% | Not offered | |
Margin Rate $25,000 to $49,999.99 | 13.50% | Not offered | |
Margin Rate $50,000 to $99,999.99 | 13.00% | Not offered | |
Margin Rate $100,000 to $249,999.99 | 12.50% | Not offered | |
Margin Rate $250,000 to $499,999.99 | 12.50% | Not offered | |
Margin Rate $500,000 to $999,999.99 | 12.50% | Not offered | |
Margin Rate Above $1,000,000 | 12.50% | Not offered |
Account Fees | Firstrade | eToro | |
---|---|---|---|
IRA Annual Fee | $0.00 | ||
IRA Closure Fee | $0.00 | ||
Account Transfer Out (Partial) | $55.00 | $75.00 | |
Account Transfer Out (Full) | $75.00 | $75.00 | |
Options Exercise Fee | $0.00 | $0.00 | |
Options Assignment Fee | $0.00 | $0.00 |
Investment Options | Firstrade | eToro | |
---|---|---|---|
Stock Trading | Yes | Yes | |
Margin Trading | Yes | No | |
Fractional Shares | Yes | Yes | |
OTC Stocks | Yes | No | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 4 | 0 | |
Futures Trading | No | No | |
Forex Trading | No | No | |
Crypto Trading | No | Yes | |
Crypto Trading - Total Coins | 0 | 26 | |
Mutual Funds (No Load) | 15460 | 0 | |
Mutual Funds (Total) | 19666 | 0 | |
Bonds (US Treasury) | Yes | No | |
Bonds (Corporate) | Yes | No | |
Bonds (Municipal) | Yes | No | |
Traditional IRAs | Yes | No | |
Roth IRAs | Yes | No | |
Advisor Services | No | No | |
International Countries (Stocks) | 0 | 0 |
Order Types | Firstrade | eToro | |
---|---|---|---|
Order Type - Market | Yes | Yes | |
Order Type - Limit | Yes | No | |
Order Type - After Hours | Yes | No | |
Order Type - Stop | Yes | Yes | |
Order Type - Trailing Stop | Yes | Yes | |
Order Type - OCO | Yes | No | |
Order Type - OTO | Yes | No | |
Order Type - Broker Assisted | Yes | No |
Beginners | Firstrade | eToro | |
---|---|---|---|
Education (Stocks) | Yes | Yes | |
Education (ETFs) | No | No | |
Education (Options) | Yes | No | |
Education (Mutual Funds) | No | No | |
Education (Bonds) | No | No | |
Education (Retirement) | Yes | No | |
Retirement Calculator | Yes | No | |
Investor Dictionary | Yes | No | |
Paper Trading | No | Yes | |
Videos | Yes | Yes | |
Webinars | Yes | No | |
Webinars (Archived) | Yes | No | |
Progress Tracking | No | No | |
Interactive Learning - Quizzes | No | No |
Stock Trading Apps | Firstrade | eToro | |
---|---|---|---|
iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Apple Watch App | No | No | |
Trading - Stocks | Yes | Yes | |
Trading - After-Hours | Yes | No | |
Trading - Simple Options | Yes | Yes | |
Trading - Complex Options | Yes | No | |
Order Ticket RT Quotes | Yes | Yes | |
Order Ticket SRT Quotes | Yes | Yes |
Stock App Features | Firstrade | eToro | |
---|---|---|---|
Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | No | No | |
Videos on Demand | No | Yes | |
Stock Alerts | Yes | Yes | |
Option Chains Viewable | Yes | Yes | |
Watch List (Real-time) | Yes | Yes | |
Watch List (Streaming) | Yes | Yes | |
Watch Lists - Create & Manage | Yes | Yes | |
Watch Lists - Column Customization | Yes | No |
Stock App Charting | Firstrade | eToro | |
---|---|---|---|
Charting - After-Hours | No | Yes | |
Charting - Can Turn Horizontally | Yes | No | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 81 | 103 | |
Charting - Study Customizations | Yes | Yes | |
Charting - Stock Comparisons | No | Yes |
Trading Platforms | Firstrade | eToro | |
---|---|---|---|
Active Trading Platform | N/A | ||
Desktop Trading Platform | No | No | |
Desktop Platform (Mac) | No | No | |
Web Trading Platform | Yes | Yes | |
Paper Trading | No | Yes | |
Trade Journal | No | No | |
Watch Lists - Total Fields | 50 | 7 |
Stock Chart Features | Firstrade | eToro | |
---|---|---|---|
Charting - Adjust Trades on Chart | No | No | |
Charting - Indicators / Studies | 102 | 46 | |
Charting - Drawing Tools | 8 | 48 | |
Charting - Notes | No | Yes | |
Charting - Index Overlays | Yes | Yes | |
Charting - Historical Trades | No | No | |
Charting - Corporate Events | No | No | |
Charting - Custom Date Range | No | No | |
Charting - Custom Time Bars | No | No | |
Charting - Automated Analysis | No | No | |
Charting - Save Profiles | No | Yes | |
Trade Ideas - Technical Analysis | Yes | Yes | |
Charting - Study Customizations | 6 | 5 | |
Charting - Custom Studies | No | No |
Day Trading | Firstrade | eToro | |
---|---|---|---|
Streaming Time & Sales | No | Yes | |
Streaming TV | No | No | |
Direct Market Routing - Stocks | No | No | |
Ladder Trading | No | No | |
Trade Hotkeys | No | No | |
Level 2 Quotes - Stocks | No | No | |
Trade Ideas - Backtesting | No | No | |
Trade Ideas - Backtesting Adv | No | No | |
Short Locator | No | No | |
Order Liquidity Rebates | No | No |
Research Overview | Firstrade | eToro | |
---|---|---|---|
Research - Stocks | Yes | Yes | |
Research - ETFs | Yes | Yes | |
Research - Mutual Funds | Yes | No | |
Research - Pink Sheets / OTCBB | Yes | No | |
Research - Bonds | Yes | No | |
Screener - Stocks | Yes | No | |
Screener - ETFs | Yes | No | |
Screener - Mutual Funds | Yes | No | |
Screener - Bonds | Yes | No | |
Misc - Portfolio Allocation | Yes | No |
Stock Research | Firstrade | eToro | |
---|---|---|---|
Stock Research - PDF Reports | 1 | 0 | |
Stock Research - Earnings | Yes | Yes | |
Stock Research - Insiders | Yes | Yes | |
Stock Research - Social | Yes | Yes | |
Stock Research - News | Yes | Yes | |
Stock Research - ESG | Yes | Yes | |
Stock Research - SEC Filings | Yes | Yes |
ETF Research | Firstrade | eToro | |
---|---|---|---|
ETFs - Strategy Overview | Yes | Yes | |
ETF Fund Facts - Inception Date | Yes | No | |
ETF Fund Facts - Expense Ratio | Yes | No | |
ETF Fund Facts - Net Assets | Yes | No | |
ETF Fund Facts - Total Holdings | Yes | No | |
ETFs - Top 10 Holdings | Yes | No | |
ETFs - Sector Exposure | Yes | No | |
ETFs - Risk Analysis | Yes | No | |
ETFs - Ratings | Yes | Yes | |
ETFs - Morningstar StyleMap | Yes | No | |
ETFs - PDF Reports | Yes | No |
Mutual Fund Research | Firstrade | eToro | |
---|---|---|---|
Mutual Funds - Strategy Overview | Yes | No | |
Mutual Funds - Performance Chart | Yes | No | |
Mutual Funds - Performance Analysis | Yes | No | |
Mutual Funds - Prospectus | Yes | No | |
Mutual Funds - 3rd Party Ratings | Yes | No | |
Mutual Funds - Fees Breakdown | Yes | No | |
Mutual Funds - Top 10 Holdings | Yes | No | |
Mutual Funds - Asset Allocation | Yes | No | |
Mutual Funds - Sector Allocation | Yes | No | |
Mutual Funds - Country Allocation | Yes | No | |
Mutual Funds - StyleMap | Yes | No |
Options Trading | Firstrade | eToro | |
---|---|---|---|
Option Chains - Basic View | Yes | Yes | |
Option Chains - Strategy View | Yes | No | |
Option Chains - Streaming | No | No | |
Option Chains - Total Columns | 8 | 0 | |
Option Chains - Greeks | 5 | 4 | |
Option Chains - Quick Analysis | No | Yes | |
Option Analysis - P&L Charts | Yes | No | |
Option Probability Analysis | No | No | |
Option Probability Analysis Adv | Yes | No | |
Option Positions - Greeks | No | No | |
Option Positions - Greeks Streaming | No | No | |
Option Positions - Adv Analysis | No | No | |
Option Positions - Rolling | Yes | No | |
Option Positions - Grouping | No | No |
Banking | Firstrade | eToro | |
---|---|---|---|
Bank (Member FDIC) | No | No | |
Checking Accounts | Yes | No | |
Savings Accounts | No | No | |
Credit Cards | No | No | |
Debit Cards | Yes | No | |
Mortgage Loans | No | No |
Customer Service | Firstrade | eToro | |
---|---|---|---|
Phone Support (Prospect Customers) | Yes | No | |
Phone Support (Current Customers) | Yes | No | |
Email Support | Yes | Yes | |
Live Chat (Prospect Customers) | Yes | Yes | |
Live Chat (Current Customers) | Yes | Yes | |
24/7 Support | No | No |
Overall | Firstrade | eToro | |
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Overall |
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Commissions & Fees | N/A | N/A | |
Range of Investments |
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Platforms & Tools |
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Mobile Trading Apps |
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Research |
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Education |
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Ease Of Use |
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Winner | check_circle | ||
Review | Firstrade Review | eToro Review |