TradeStation 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 TradeStation vs eToro.
Is TradeStation or eToro better for beginners?
E*TRADE offers more comprehensive new investor education for beginner investors than TradeStation. TradeStation offers investors access to Paper Trading, Videos, Education (Stocks) and Education (Options), while eToro offers investors access to Paper Trading, Videos and Education (Stocks), neither have Education (ETFs), Education (Mutual Funds), Education (Bonds) and Education (Retirement).
What about TradeStation vs eToro pricing?
TradeStation and eToro charge the same amount for regular stock trades, $0.00. Option contracts are pricier at TradeStation, costing $0.60 per contract versus N/A per contract at eToro. For a complete commissions summary, see our best brokers for free stock trading guide.
Does TradeStation or eToro offer a wider range of investment options?
TradeStation offers investors access to Stock Trading, Options Trading, OTCBB / Pink Sheets, Mutual Funds and Futures Trading, while eToro offers investors access to Stock Trading and Fractional Shares, neither have Forex Trading and Advisor Services. Looking at Mutual Funds, TradeStation and eToro both provide customers access to 0 no transaction fee (NTF) mutual funds.
Which trading platform is better: TradeStation or eToro?
To compare the trading platforms of TradeStation and eToro, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, TradeStation offers a better experience. With research, E*TRADE 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. Neither TradeStation nor eToro offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans, neither have Mortgage Loans.
Is TradeStation good?
As a trading technology leader, TradeStation supports casual traders through its web-based platform and active traders through its award-winning desktop platform, all with $0 stock and ETF trades.
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.
TradeStation vs eToro Winner
Overall winner: E*TRADE
Explore our other online trading guides:
Other related comparisons.