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TD Ameritrade vs eToro 2022

StockBrokers.com

Written by StockBrokers.com

November 02, 2022

Is TD Ameritrade better than eToro? After testing 15 of the best online brokers over six months, TD Ameritrade (95.41%) is better than E*TRADE (92.52%). TD Ameritrade delivers $0 trades, fantastic trading platforms, excellent market research, industry-leading education for beginners and reliable customer service. This outstanding all-around experience makes TD Ameritrade one of our top overall brokers in 2022.

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Overall RatingTD AmeritradeeToroE*TRADE
Overall5 Stars3 Stars5 Stars
Commissions & Fees4.5 Stars4 Stars4.5 Stars
Investment Options5 Stars2 Stars5 Stars
Platforms & Tools5 Stars2.5 Stars4.5 Stars
Mobile Trading Apps5 Stars2.5 Stars5 Stars
Research5 Stars2.5 Stars4.5 Stars
Customer Service4.5 StarsN/A4.5 Stars
Education5 Stars3.5 Stars4.5 Stars
Ease Of Use5 Stars4 Stars5 Stars
Winnercheck_circle
ReviewTD Ameritrade RevieweToro ReviewE*TRADE Review
Trading FeesTD AmeritradeeToroE*TRADE
Minimum Deposit$0.00$10.00$0.00
Stock Trades$0.00$0.00$0.00
Penny Stock Fees (OTCCB)$6.95N/A$6.95
Mutual Fund Trade FeeVariesN/A$19.99
Options (Base Fee)$0.00N/A$0.00
Options (Per Contract)$0.65N/A$0.65
Futures (Per Contract)$2.25N/A$1.50
Broker Assisted Trade Fee$25$0$25
Margin RatesTD AmeritradeeToroE*TRADE
Margin Rate Under $24,999.9912.50%N/A11.95%
Margin Rate $25,000.00 to $49,999.9912.00%N/A11.45%
Margin Rate $50,000.00 to $99,999.9911.00%N/A10.95%
Margin Rate $100,000.00 to $249,999.9910.75%N/A10.45%
Margin Rate $250,000.00 to $499,999.9910.50%N/A9.95%
Margin Rate $500,000.00 to $999,999.99N/AN/A9.45%
Margin Rate Above $1,000,000.00N/AN/A8.45%
Account FeesTD AmeritradeeToroE*TRADE
IRA Annual Fee$0.00N/A$0.00
IRA Closure Fee$0.00N/A$0.00
Account Transfer Out (Partial)$0.00N/A$25.00
Account Transfer Out (Full)$75.00N/A$75.00
Options Exercise Fee$0.00N/A$0.00
Options Assignment Fee$0.00N/A$0.00
Investment OptionsTD AmeritradeeToroE*TRADE
Stock TradingYesYesYes
Margin TradingYesNoYes
Fractional SharesNoYesNo
OTCBB / Pink SheetsYesNoYes
Options TradingYesNoYes
Complex Options Max Legs404
Futures TradingYesNoYes
Forex TradingYesNoNo
Crypto TradingNoYesNo
Crypto Trading - Total Coins0260
Mutual Funds (No Load)369806486
Mutual Funds (Total)587607242
Bonds (US Treasury)YesNoYes
Bonds (Corporate)YesNoYes
Bonds (Municipal)YesNoYes
Advisor ServicesYesNoYes
International Countries (Stocks)000
Order TypesTD AmeritradeeToroE*TRADE
Order Type - MarketYesYesYes
Order Type - LimitYesNoYes
Order Type - After HoursYesNoYes
Order Type - StopYesYesYes
Order Type - Trailing StopYesYesYes
Order Type - OCOYesNoYes
Order Type - OTOYesNoYes
Order Type - Broker AssistedYesNoYes
BeginnersTD AmeritradeeToroE*TRADE
Education (Stocks)YesYesYes
Education (ETFs)YesNoYes
Education (Options)YesNoYes
Education (Mutual Funds)YesNoYes
Education (Bonds)YesNoYes
Education (Retirement)YesNoYes
Retirement CalculatorYesNoYes
Investor DictionaryYesNoYes
Paper TradingYesYesYes
VideosYesYesYes
WebinarsYesNoYes
Webinars (Archived)YesNoYes
Progress TrackingYesNoNo
Interactive Learning - QuizzesYesNoYes
Stock Trading AppsTD AmeritradeeToroE*TRADE
iPhone AppYesYesYes
Android AppYesYesYes
Apple Watch AppYesNoYes
Trading - StocksYesYesYes
Trading - After-HoursYesNoYes
Trading - Simple OptionsYesNoYes
Trading - Complex OptionsYesNoYes
Order Ticket RT QuotesYesYesYes
Order Ticket SRT QuotesYesYesYes
Stock App FeaturesTD AmeritradeeToroE*TRADE
Market Movers (Top Gainers)YesYesYes
Stream Live TVYesNoYes
Videos on DemandYesNoNo
Stock AlertsYesYesYes
Option Chains ViewableYesNoYes
Watch List (Real-time)YesYesYes
Watch List (Streaming)YesYesYes
Watch Lists - Create & ManageYesYesYes
Watch Lists - Column CustomizationYesNoYes
Watch Lists - Total Fields514795
Stock App ChartingTD AmeritradeeToroE*TRADE
Charting - After-HoursYesNoYes
Charting - Can Turn HorizontallyYesNoYes
Charting - Multiple Time FramesYesYesYes
Charting - Technical Studies400510
Charting - Study CustomizationsYesYesYes
Charting - Stock ComparisonsYesNoYes
Trading PlatformsTD AmeritradeeToroE*TRADE
Active Trading PlatformthinkorswimN/APower E*TRADE
Desktop Trading PlatformYesNoNo
Desktop Platform (Mac)YesNoNo
Web Trading PlatformYesYesYes
Paper TradingYesYesYes
Trade JournalYesNoNo
Watch Lists - Total Fields514795
Stock Chart FeaturesTD AmeritradeeToroE*TRADE
Charting - Adjust Trades on ChartYesNoYes
Charting - Indicators / Studies42946119
Charting - Drawing Tools241331
Charting - NotesYesYesYes
Charting - Index OverlaysYesYesYes
Charting - Historical TradesYesNoYes
Charting - Corporate EventsYesNoYes
Charting - Custom Date RangeYesNoYes
Charting - Custom Time BarsYesNoNo
Charting - Automated AnalysisYesNoYes
Charting - Save ProfilesYesYesYes
Trade Ideas - Technical AnalysisYesYesYes
Charting - Study Customizations956
Charting - Custom StudiesYesNoNo
Day TradingTD AmeritradeeToroE*TRADE
Streaming Time & SalesYesYesYes
Streaming TVYesNoYes
Direct Market Routing - StocksYesNoYes
Ladder TradingYesNoNo
Trade Hot KeysYesNoYes
Level 2 Quotes - StocksYesNoYes
Trade Ideas - BacktestingYesNoNo
Trade Ideas - Backtesting AdvYesNoNo
Short LocatorNoNoNo
Order Liquidity RebatesNoNoNo
Research OverviewTD AmeritradeeToroE*TRADE
Research - StocksYesYesYes
Research - ETFsYesYesYes
Research - Mutual FundsYesNoYes
Research - Pink Sheets / OTCBBYesNoYes
Research - BondsYesNoYes
Screener - StocksYesNoYes
Screener - ETFsYesNoYes
Screener - Mutual FundsYesNoYes
Screener - BondsYesNoYes
Misc - Portfolio AllocationYesNoYes
Stock ResearchTD AmeritradeeToroE*TRADE
Stock Research - PDF Reports606
Stock Research - EarningsYesYesYes
Stock Research - InsidersYesYesYes
Stock Research - SocialYesYesYes
Stock Research - NewsYesYesYes
Stock Research - ESGNoYesNo
Stock Research - SEC FilingsYesYesYes
ETF ResearchTD AmeritradeeToroE*TRADE
ETFs - Strategy OverviewYesYesYes
ETF Fund Facts - Inception DateYesNoYes
ETF Fund Facts - Expense RatioYesNoYes
ETF Fund Facts - Net AssetsYesNoYes
ETF Fund Facts - Total HoldingsNoNoYes
ETFs - Top 10 HoldingsYesNoYes
ETFs - Sector ExposureYesNoYes
ETFs - Risk AnalysisYesNoYes
ETFs - RatingsYesYesYes
ETFs - Morningstar StyleMapYesNoYes
ETFs - PDF ReportsYesNoYes
Mutual Fund ResearchTD AmeritradeeToroE*TRADE
Mutual Funds - Strategy OverviewYesNoYes
Mutual Funds - Performance ChartYesNoNo
Mutual Funds - Performance AnalysisYesNoYes
Mutual Funds - ProspectusYesNoYes
Mutual Funds - 3rd Party RatingsYesNoYes
Mutual Funds - Fees BreakdownYesNoYes
Mutual Funds - Top 10 HoldingsYesNoYes
Mutual Funds - Asset AllocationYesNoYes
Mutual Funds - Sector AllocationYesNoYes
Mutual Funds - Country AllocationNoNoYes
Mutual Funds - StyleMapYesNoYes
Options TradingTD AmeritradeeToroE*TRADE
Option Chains - Basic ViewYesNoYes
Option Chains - Strategy ViewYesNoYes
Option Chains - StreamingYesNoYes
Option Chains - Total Columns35031
Option Chains - Greeks505
Option Chains - Quick AnalysisYesNoYes
Option Analysis - P&L ChartsYesNoYes
Option Probability AnalysisYesNoYes
Option Probability Analysis AdvYesNoYes
Option Positions - GreeksYesNoYes
Option Positions - Greeks StreamingYesNoYes
Option Positions - Adv AnalysisYesNoYes
Option Positions - RollingYesNoYes
Option Positions - GroupingYesNoYes
BankingTD AmeritradeeToroE*TRADE
Bank (Member FDIC)NoNoYes
Checking AccountsYesNoYes
Savings AccountsNoNoYes
Credit CardsYesNoYes
Debit CardsYesNoYes
Mortgage LoansNoNoYes
Customer ServiceTD AmeritradeeToroE*TRADE
Phone Support (Prospect Customers)YesNoYes
Phone Support (Current Customers)YesNoYes
Email SupportYesYesYes
Live Chat (Prospect Customers)YesYesNo
Live Chat (Current Customers)YesYesYes
24/7 SupportYesNoYes
OverallTD AmeritradeeToroE*TRADE
Overall5 Stars3 Stars5 Stars
Commissions & Fees4.5 Stars4 Stars4.5 Stars
Investment Options5 Stars2 Stars5 Stars
Platforms & Tools5 Stars2.5 Stars4.5 Stars
Mobile Trading Apps5 Stars2.5 Stars5 Stars
Research5 Stars2.5 Stars4.5 Stars
Education5 Stars3.5 Stars4.5 Stars
Ease Of Use5 Stars4 Stars5 Stars
Winnercheck_circle
ReviewTD Ameritrade RevieweToro ReviewE*TRADE Review
  • check_box_outline_blankcheck_boxAlly Invest
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxE*TRADE
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxFidelity
  • check_box_outline_blankcheck_boxFirstrade
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxJ.P. Morgan Self-Directed Investing
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  • check_box_outline_blankcheck_boxTD Ameritrade
  • check_box_outline_blankcheck_boxTradeStation
  • check_box_outline_blankcheck_boxTradier
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TD Ameritrade vs eToro Comparison

Comparing brokers side by side is no easy task. For our 2022 annual broker review, we spent hundreds of hours assessing 15 brokerages to find the best online broker. Let's compare TD Ameritrade vs eToro.

Is TD Ameritrade or eToro better for beginners?

TD Ameritrade offers more comprehensive new investor education for beginner investors than E*TRADE. TD Ameritrade offers investors access to Paper Trading, Videos, Education (Stocks), Education (ETFs), Education (Options), Education (Mutual Funds), Education (Bonds) and Education (Retirement), while eToro offers investors access to Paper Trading, Videos and Education (Stocks).

What about TD Ameritrade vs eToro pricing?

TD Ameritrade and eToro charge the same amount for regular stock trades, $0.00. Option contracts are pricier at TD Ameritrade, costing $0.65 per contract versus N/A per contract at eToro. For a complete commissions summary, see our best brokers for free stock trading guide.

Does TD Ameritrade or eToro offer a wider range of investment options?

TD Ameritrade offers investors access to Stock Trading, Options Trading, OTCBB / Pink Sheets, Mutual Funds, Futures Trading, Forex Trading and Advisor Services, while eToro offers investors access to Stock Trading and Fractional Shares. Looking at Mutual Funds, eToro trails TD Ameritrade in its offering of no transaction fee (NTF) mutual funds, with TD Ameritrade offering 3610 and eToro offering 0.

Which trading platform is better: TD Ameritrade or eToro?

To compare the trading platforms of TD Ameritrade and eToro, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, TD Ameritrade offers a better experience. With research, TD Ameritrade offers superior market research. Finally, we found E*TRADE to provide better mobile trading apps.

Does either broker offer banking?

Online banking can be a benefit for investors, and some brokerages do provide banking services to customers. Checking Accounts, Debit Cards and Credit Cards are offered by TD Ameritrade while eToro offers neither of these, neither have Savings Accounts and Mortgage Loans.

Is TD Ameritrade good?

TD Ameritrade delivers $0 trades, fantastic trading platforms, excellent market research, industry-leading education for beginners and reliable customer service. This outstanding all-around experience makes TD Ameritrade one of our top overall brokers in 2022.

Is eToro good?

eToro bills itself as a social trading platform, and that is exactly what you get. It’s a combination of Twitter and trading that will appeal to those who are most interested in learning how to trade cryptocurrencies or joining a community with crypto as the focus. The scope currently is limited in the U.S., so those looking for more advanced trading or trading a variety of underlyings will want to look elsewhere.

TD Ameritrade vs eToro Winner

Overall winner: TD Ameritrade

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