Written by StockBrokers.com
In this head to head comparison of tastytrade vs eToro, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
When choosing between tastytrade and eToro for trading and investment needs, it's essential to consider their variety of offerings and account options. Tastytrade emerges as a strong candidate with a comprehensive range of investment possibilities, including stock trading, margin trading, options, futures, fractional shares, and cryptocurrency, boasting 17 coins available. It also provides traditional and Roth IRA accounts. In contrast, eToro offers a simpler range, focusing on stock trading, fractional shares, options, and a more extensive cryptocurrency selection with 26 coins, but lacks offerings like margin trading, futures, and IRAs. Based on ratings, tastytrade gets 4 stars for the Range of Investments, proving it as a reliable choice, whereas eToro receives 2.5 stars, highlighting some limitations in its investment breadth.
Tastytrade enables investors to engage in a diverse array of investment strategies. This platform stands out with its provision for margin and futures trading, which are not supported by eToro. Additionally, tastytrade includes options for traditional and Roth IRA accounts, making it a favorable option for individuals focused on retirement planning. Both platforms offer options and cryptocurrency trading, but tastytrade provides a more extensive variety by blending these with other investment forms.
While eToro offers an impressive cryptocurrency range, it lacks other investment options such as futures and margin trading, which are available on tastytrade. Both firms do not support OTC stock and mutual fund trading, which might be a consideration for those investors interested in these areas. Overall, tastytrade's broader investment spectrum for both traditional and modern forms of trading places it higher on the list at #10 for Range of Investments by StockBrokers.com, whereas eToro is ranked at #14. This difference suggests that tastytrade might appeal more to seasoned investors looking for variety and depth.
| Feature |
tastytrade
|
eToro
|
|---|---|---|
| Stock Trading | Yes | Yes |
| Account Feature - Margin Trading | Yes | No |
| Fractional Shares (Stocks) | Yes | Yes |
| OTC Stocks | No | No |
| Mutual Funds | No | No |
| Options Trading | Yes | Yes |
| Futures Trading | Yes | No |
| Crypto Trading | Yes | Yes |
| Crypto Trading - Total Coins | 17 | 26 |
| Range of Investments |
|
|
Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025: A Beginner-Friendly Guide to an Advanced Market
When it comes to the overall utility of trading platforms and tools, tastytrade holds a noticeable edge over eToro. With a rating of 4 stars out of 5 compared to eToro's 2.5 stars, tastytrade offers a robust suite of features and ranks #8 out of 14 brokers on StockBrokers.com, while eToro sits at #12. This performance highlights what's important to users: flexibility, customization, and detailed analysis options, all areas where tastytrade excels.
tastytrade provides downloadable trading platforms for both Windows and Mac, whereas eToro offers only a browser-based option. Both platforms support browser-based trading, but there are clear differences in available tools. For instance, tastytrade stands out with an impressive array of 308 technical indicators for charting compared to eToro's 46. When creating watch lists, tastytrade offers 33 customizable fields versus eToro's 7, providing users with more data tracking capabilities. In addition, tastytrade allows adjustments to open orders directly on stock charts and supports the display of corporate events. These features cater especially to users who seek granular control and comprehensive insights.
One essential feature traders often seek is paper trading, which eToro provides to allow users to practice trading without real-world risk, whereas tastytrade does not offer this capability. Despite this, tastytrade distinguishes itself with features like adding notes to charts, showing historical trades, and enabling the saving of multiple chart profiles. While both platforms permit chart customization to some extent, tastytrade allows users the unique option to create custom studies, enhancing its appeal for traders looking for a high degree of personalization and technical analysis depth.
| Feature |
tastytrade
|
eToro
|
|---|---|---|
| Web Trading Platform | Yes | Yes |
| Desktop Trading Platform | Yes | No |
| Desktop Platform (Mac) | Yes | No |
| Paper Trading | No | Yes |
| Watch Lists - Total Fields | 33 | 7 |
| Charting - Indicators / Studies | 308 | 46 |
| Charting - Drawing Tools | 31 | 48 |
| Platforms & Tools |
|
|
Dive deeper: Best Online Brokers & Trading Platforms for 2025, Best Paper Trading Apps & Platforms for 2025
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When it comes to investor education, tastytrade is a strong contender for beginners looking to delve into the world of trading. Offering educational resources on stocks, ETFs, and options, tastytrade equips users with a comprehensive understanding of these markets. While it does not provide videos or paper trading, tastytrade gains an edge through webinars and the ability to track your learning progress, making it a well-rounded choice for those eager to learn and grow. With a 4-star rating for education and a ranking of #9 out of 14 brokers by StockBrokers.com, tastytrade clearly maintains a commendable reputation in investor education.
In comparison, eToro also offers stock education but falls short in other areas. It provides educational videos, a beneficial tool for visual learners, and paper trading, allowing beginners to practice without the risk of real investments. However, eToro lacks resources on ETFs and options and does not offer the ability to track learning progress. Rated 2.5 stars for its educational efforts and ranking last at #14 in a StockBrokers.com education survey, eToro's resources may not be as extensive, but the availability of paper trading might appeal to those looking to practice trading strategies without immediate financial risk.
| Feature |
tastytrade
|
eToro
|
|---|---|---|
| Education (Stocks) | Yes | Yes |
| Education (ETFs) | Yes | No |
| Education (Options) | Yes | No |
| Education (Mutual Funds) | No | No |
| Education (Fixed Income) | No | No |
| Paper Trading | No | Yes |
| Videos | No | Yes |
| Webinars | Yes | No |
| Education |
|
|
Dive deeper: Best Stock Trading Platforms for Beginners of 2025
Both tastytrade and eToro offer solid stock trading apps, each with their unique strengths. For users prioritizing comprehensive charting features, eToro stands out with 103 technical studies and the ability to display stock comparisons directly on the app. Meanwhile, tastytrade fans may appreciate the app’s customization features, such as creating custom watch lists and customizing watch list columns. Despite differences, both apps enjoy a high user rating of 4.5 stars each.
When it comes to platform availability, both tastytrade and eToro cover the basics with iPhone and Android apps, ensuring access for a wide range of mobile users. However, neither provides an Apple Watch app. For investors interested in after-hours trading capabilities, both platforms deliver, though tastytrade stands out for offering mobile after-hours stock trading outright. Additionally, both apps provide the ability to view charts in landscape mode, but only tastytrade supports multiple time frame views.
Despite their similarity in user ratings, differences emerge in features beyond charting and customization. For instance, eToro offers videos on demand and stock alerts, features absent in the tastytrade app. Ranked by StockBrokers.com, tastytrade holds a slight edge, coming in at #10 compared to eToro's #11 out of 14 brokers. Each platform has specific strengths catering to different trader preferences, making it valuable for users to consider which features align best with their trading needs.
| Feature |
tastytrade
|
eToro
|
|---|---|---|
| iPhone App | Yes | Yes |
| Android App | Yes | Yes |
| Apple Watch App | No | No |
| Stock Alerts | No | Yes |
| Charting - After-Hours | Yes | Yes |
| Charting - Technical Studies | 0 | 103 |
| Mobile Trading Apps |
|
|
Dive deeper: Best Stock Trading Apps for 2025
When comparing tastytrade and eToro, it's clear that both platforms provide competitive pricing in the world of online trading, but they cater to slightly different needs. Tastytrade shines with a $0 minimum deposit and free regular stock trades, making it accessible for new investors, though it's not as generous with its options contracts, charging $0.50 each. eToro also offers free stock trades but requires a $50 minimum deposit, though it stands out by charging nothing for options contracts.
For margin trading enthusiasts, tastytrade has a comprehensive tiered structure for its interest rates, which start at 11% for margins below $25,000, accommodating different levels of investment. eToro does not offer margin trading, which may be a deciding factor for those looking to leverage their trades. Both platforms charge a standard rate for account transfers, whether partial or full, at $75, making them equal in this aspect.
In terms of specific fees, while tastytrade charges nothing for IRA annual fees, it does impose a $60 fee for IRA closure. eToro doesn't offer information on IRA fees, which might indicate limited retirement account facilities. Furthermore, the exercise and assignment fees for options are another area where tastytrade incurs charges of $5.00 each, whereas eToro impressively offers these services at no cost.
| Feature |
tastytrade
|
eToro
|
|---|---|---|
| Minimum Deposit | $0.00 | $50.00 |
| Stock Trades | $0.00 | $0.00 |
| Options (Per Contract) | $0.50 | $0.00 |
| Options Exercise Fee | $5.00 | $0.00 |
| Options Assignment Fee | $5.00 | $0.00 |
| IRA Annual Fee | $0.00 | |
| IRA Closure Fee | $60.00 |
Dive deeper: Best Free Trading Platforms for 2025
When considering tastytrade and eToro for day trading, there are noteworthy differences between the two platforms that cater to varying trader needs. Tastytrade offers some engaging features like streaming live TV, which can keep traders informed with up-to-date market news. It also provides ladder trading, a tool that can enhance trading efficiency for its users. However, tastytrade does not support streaming time and sales data, direct market routing, or the inclusion of trading hotkeys for keyboard entries. Furthermore, both platforms do not offer level 2 quotes or backtesting capabilities, which might limit the depth of analysis for traders seeking comprehensive market insights.
On the other hand, eToro stands out by providing streaming time and sales for stocks, a useful feature for traders who want real-time data to make more informed trading decisions. Despite its strength in delivering crucial trade data, eToro lacks streaming live TV and ladder trading functionality, which may be a turn-off for traders looking for these specific offerings. Like Tastytrade, eToro does not facilitate direct market routing, trading hotkeys, level 2 quotes, or any form of strategy backtesting. Additionally, eToro does not offer a short locator tool for real-time availability of shares for short selling. These aspects suggest that both platforms have their unique advantages, although they may fall short for traders needing extensive tools and utilities for day trading activities.
| Feature |
tastytrade
|
eToro
|
|---|---|---|
| Streaming Time & Sales | No | Yes |
| Streaming TV | Yes | No |
| Direct Market Routing - Equities | No | No |
| Level 2 Quotes - Stocks | No | No |
| Trade Ideas - Backtesting | No | No |
| Trade Ideas - Backtesting Adv | No | No |
| Short Locator | Yes | No |
Dive deeper: Best Day Trading Platforms for 2025
When comparing the market research capabilities of tastytrade and eToro, it's clear that both platforms have their strengths and weaknesses. While tastytrade provides users with stock and ETFs research and offers insights into portfolio allocation by asset class, it lacks in other areas like mutual funds and bond research. On the other hand, eToro stands out for its innovative use of social media sentiment data and ESG research to guide stock investments, but it falls short in providing tools for seeing portfolio allocation by asset class. Both platforms are rated 1.5 out of 5 stars for market research, indicating there is significant room for improvement for each. Notably, tastytrade is ranked 13th out of 14 brokers by StockBrokers.com for market research, while eToro comes in just below at 14th.
Tastytrade and eToro both support stock and ETF research, yet neither broker covers mutual funds, bonds, or pink sheets/OTCBB research. Additionally, when it comes to providing detailed, downloadable PDF reports for stocks, ETFs, and mutual funds, both platforms disappoint by offering none. This limitation is mirrored in their lack of screeners for stocks, ETFs, mutual funds, and bonds, which might deter investors looking for comprehensive filtering tools to support their trading strategies.
For investors focused on environmental and social governance considerations, eToro provides ESG research that can add an extra layer of insight into investment decisions, a feature that tastytrade does not offer. However, tastytrade allows users to view their portfolio allocation by asset class, giving them a clearer picture of their investments’ spread, unlike eToro. Despite these offerings, both platforms have substantial limitations in research tools, as reflected by their below-average rankings in market research. This highlights the importance of reviewing each platform's offerings thoroughly to see which aligns best with your investment needs.
| Feature |
tastytrade
|
eToro
|
|---|---|---|
| Research - Stocks | Yes | Yes |
| Screener - Stocks | No | No |
| Research - ETFs | Yes | Yes |
| Screener - ETFs | No | No |
| Research - Mutual Funds | No | No |
| Screener - Mutual Funds | No | No |
| Research - Fixed Income | No | No |
| Screener - Fixed Income | No | No |
| Research |
|
|
When comparing the banking services of online brokers tastytrade and eToro, it's important to note that neither offers traditional banking options such as checking or savings accounts, debit or credit cards, or mortgage loans. Similarly, both platforms do not provide Certificates of Deposit (CDs). While both tastytrade and eToro focus primarily on brokerage services, they do not serve as alternatives for those seeking comprehensive banking solutions.
| Feature |
tastytrade
|
eToro
|
|---|---|---|
| Checking Accounts | No | |
| Savings Accounts | No | |
| Debit Cards | No | |
| Credit Cards | No | |
| Mortgage Loans | No | |
| Brokerage CDs | No | No |
Dive deeper: Best Brokerage Checking Accounts for 2025
After opening live accounts and testing 14 of the best online brokers, our research and live account testing finds that tastytrade is better than eToro. tastytrade finished with an overall score of 80.1%, while eToro finished with a score of 66.1%.
tastytrade isn’t for every investor, but its platform is ideal for frequent options and futures traders, offering efficient workflow, useful risk management tools, killer design, and online content that makes you feel like you’re on a trading desk.
Both tastytrade and eToro offer crypto trading, with tastytrade providing access to 17 coins, while eToro offers a wider selection with 26 coins available for trading.
Dive deeper: Best Online Brokers for Crypto Trading in 2025
When comparing tastytrade to eToro, tastytrade offers both traditional and Roth IRA accounts with no annual fees, though it charges a $60.00 closure fee, whereas eToro does not provide IRA accounts at all.
Dive deeper: Best IRA Accounts for 2025
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0 of 5| Overall Rating | tastytrade | eToro | |
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| Winner | check_circle | ||
| Review | tastytrade Review | eToro Review |
| Broker Screenshots | tastytrade | eToro | |
|---|---|---|---|
| Broker Gallery (click to expand) |
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| Trading Fees | tastytrade | eToro | |
|---|---|---|---|
| Minimum Deposit | $0.00 | $50.00 | |
| Stock Trades | $0.00 | $0.00 | |
| Penny Stock Fees (OTC) | N/A | N/A | |
| Mutual Fund Trade Fee | N/A | N/A | |
| Options (Per Contract) | $0.50 | $0.00 | |
| Futures (Per Contract) | $1.00 | (Not offered) | |
| Broker Assisted Trade Fee | $0 | $0 |
| Margin Rates | tastytrade | eToro | |
|---|---|---|---|
| Margin Rate Under $25,000 | 11% | Not offered | |
| Margin Rate $25,000 to $49,999.99 | 10.5% | Not offered | |
| Margin Rate $50,000 to $99,999.99 | 10% | Not offered | |
| Margin Rate $100,000 to $249,999.99 | 9.5% | Not offered | |
| Margin Rate $250,000 to $499,999.99 | 9% | Not offered | |
| Margin Rate $500,000 to $999,999.99 | 8.5% | Not offered | |
| Margin Rate Above $1,000,000 | 8% | Not offered |
| Account Fees | tastytrade | eToro | |
|---|---|---|---|
| IRA Annual Fee | $0.00 | ||
| IRA Closure Fee | $60.00 | ||
| Account Transfer Out (Partial) | $75.00 | $75.00 | |
| Account Transfer Out (Full) | $75.00 | $75.00 | |
| Options Exercise Fee | $5.00 | $0.00 | |
| Options Assignment Fee | $5.00 | $0.00 |
| Investment Options | tastytrade | eToro | |
|---|---|---|---|
| Stock Trading | Yes | Yes | |
| Account Feature - Margin Trading | Yes | No | |
| Fractional Shares (Stocks) | Yes | Yes | |
| OTC Stocks | No | No | |
| Options Trading | Yes | Yes | |
| Complex Options Max Legs | 4 | 0 | |
| Futures Trading | Yes | No | |
| Forex Trading | No | No | |
| Crypto Trading | Yes | Yes | |
| Crypto Trading - Total Coins | 17 | 26 | |
| Fixed Income (Treasurys) | No | No | |
| Fixed Income (Corporate Bonds) | No | No | |
| Fixed Income (Municipal Bonds) | No | No | |
| Traditional IRAs | Yes | No | |
| Roth IRAs | Yes | No | |
| Advisor Services | No | No | |
| International Countries (Stocks) | 0 | 0 |
| Order Types | tastytrade | 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 | No | Yes | |
| Order Type - OCO | Yes | No | |
| Order Type - OTO | Yes | No | |
| Order Type - Broker Assisted | Yes | No |
| Beginners | tastytrade | eToro | |
|---|---|---|---|
| Education (Stocks) | Yes | Yes | |
| Education (ETFs) | Yes | No | |
| Education (Options) | Yes | No | |
| Education (Mutual Funds) | No | No | |
| Education (Fixed Income) | No | No | |
| Education (Retirement) | No | No | |
| Retirement Calculator | No | No | |
| Investor Dictionary | Yes | No | |
| Paper Trading | No | Yes | |
| Videos | No | Yes | |
| Webinars | Yes | No | |
| Progress Tracking | Yes | No | |
| Interactive Learning - Quizzes | No | No |
| Stock Trading Apps | tastytrade | 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 | tastytrade | eToro | |
|---|---|---|---|
| Market Movers (Top Gainers) | Yes | Yes | |
| Stream Live TV | No | No | |
| Videos on Demand | No | Yes | |
| Stock Alerts | No | 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 | tastytrade | eToro | |
|---|---|---|---|
| Charting - After-Hours | Yes | Yes | |
| Charting - Can Turn Horizontally | Yes | No | |
| Charting - Multiple Time Frames | Yes | Yes | |
| Charting - Technical Studies | 0 | 103 | |
| Charting - Study Customizations | No | Yes | |
| Charting - Stock Comparisons | No | Yes |
| Trading Platforms | tastytrade | eToro | |
|---|---|---|---|
| Active Trading Platform | tastytrade | N/A | |
| Desktop Trading Platform | Yes | No | |
| Desktop Platform (Mac) | Yes | No | |
| Web Trading Platform | Yes | Yes | |
| Paper Trading | No | Yes | |
| Trade Journal | No | No | |
| Watch Lists - Total Fields | 33 | 7 |
| Stock Chart Features | tastytrade | eToro | |
|---|---|---|---|
| Charting - Adjust Trades on Chart | Yes | No | |
| Charting - Indicators / Studies | 308 | 46 | |
| Charting - Drawing Tools | 31 | 48 | |
| Charting - Notes | Yes | Yes | |
| Charting - Historical Trades | Yes | No | |
| Charting - Corporate Events | Yes | No | |
| Charting - Custom Date Range | No | No | |
| Charting - Custom Time Bars | No | No | |
| Charting - Automated Analysis | No | No | |
| Charting - Save Profiles | Yes | Yes | |
| Trade Ideas - Technical Analysis | No | Yes | |
| Charting - Study Customizations | 7 | 5 | |
| Charting - Custom Studies | Yes | No |
| Day Trading | tastytrade | eToro | |
|---|---|---|---|
| Streaming Time & Sales | No | Yes | |
| Streaming TV | Yes | No | |
| Direct Market Routing - Equities | No | No | |
| Ladder Trading | Yes | No | |
| Trade Hot Keys | No | No | |
| Level 2 Quotes - Stocks | No | No | |
| Trade Ideas - Backtesting | No | No | |
| Trade Ideas - Backtesting Adv | No | No | |
| Short Locator | Yes | No | |
| Order Liquidity Rebates | No |
| Research Overview | tastytrade | eToro | |
|---|---|---|---|
| Research - Stocks | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Mutual Funds | No | No | |
| Research - Pink Sheets / OTCBB | No | No | |
| Research - Fixed Income | No | No | |
| Screener - Stocks | No | No | |
| Screener - ETFs | No | No | |
| Screener - Mutual Funds | No | No | |
| Screener - Fixed Income | No | No | |
| Portfolio Asset Allocation | Yes | No |
| Stock Research | tastytrade | eToro | |
|---|---|---|---|
| Stock Research - PDF Reports | 0 | 0 | |
| Stock Research - Earnings | No | Yes | |
| Stock Research - Insiders | No | Yes | |
| Stock Research - Social | No | Yes | |
| Stock Research - News | Yes | Yes | |
| Stock Research - ESG | No | Yes | |
| Stock Research - SEC Filings | No | Yes |
| ETF Research | tastytrade | eToro | |
|---|---|---|---|
| ETFs - Investment Objective | No | Yes | |
| ETF Fund Facts - Inception Date | No | No | |
| ETF Fund Facts - Expense Ratio | No | No | |
| ETF Fund Facts - Total Assets | No | No | |
| ETF Fund Facts - Total Holdings | No | No | |
| ETFs - Top 10 Holdings | No | No | |
| ETFs - Sector Exposure | No | No | |
| ETFs - Risk Analysis | Yes | No | |
| ETFs - Ratings | No | Yes | |
| ETFs - Morningstar StyleMap | No | No | |
| ETFs - PDF Reports | No | No |
| Mutual Fund Research | tastytrade | eToro | |
|---|---|---|---|
| Mutual Funds - Investment Objective | No | No | |
| Mutual Funds - Performance Chart | No | No | |
| Mutual Funds - Performance Analysis | No | No | |
| Mutual Funds - Prospectus | No | No | |
| Mutual Funds - 3rd Party Ratings | No | No | |
| Mutual Funds - Fees Breakdown | No | No | |
| Mutual Funds - Top 10 Holdings | No | No | |
| Mutual Funds - Asset Allocation | No | No | |
| Mutual Funds - Sector Allocation | No | No | |
| Mutual Funds - Country Allocation | No | No | |
| Mutual Funds - StyleMap | No | No |
| Options Trading | tastytrade | eToro | |
|---|---|---|---|
| Option Chains - Total Greeks | 5 | 4 | |
| Option Analysis - P&L Charts | Yes | No |
| Banking | tastytrade | eToro | |
|---|---|---|---|
| Bank (Member FDIC) | No | ||
| Checking Accounts | No | ||
| Savings Accounts | No | ||
| Credit Cards | No | ||
| Debit Cards | No | ||
| Mortgage Loans | No |
| Customer Service | tastytrade | 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 | tastytrade | eToro | |
|---|---|---|---|
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| Education |
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| Ease of Use |
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| Winner | check_circle | ||
| Review | tastytrade Review | eToro Review |
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