eToro vs Vanguard Comparison
Comparing brokers side by side is no easy task. For our 2023 annual broker review, we spent hundreds of hours assessing 17 brokerages to find the best online broker. Let's compare eToro vs Vanguard.
Is eToro or Vanguard better for beginners?
Vanguard offers more comprehensive new investor education for beginner investors than eToro. eToro offers investors access to Paper Trading, Videos and Education (Stocks), while Vanguard offers investors access to Videos, Education (Stocks) and Education (Retirement). Neither have Education (ETFs), Education (Options), Education (Mutual Funds) and Education (Bonds). See our guide to Best Paper Trading Platforms for more.
What about eToro vs Vanguard pricing?
eToro and Vanguard charge the same amount for regular stock trades, $0.00. Option contracts are pricier at Vanguard, costing $1.00 per contract versus $0.00 per contract at eToro. For a complete commissions summary, see our best brokers for free stock trading guide.
Does eToro or Vanguard offer a wider range of investment options?
eToro offers investors access to Stock Trading, Fractional Shares and Options Trading, while Vanguard offers investors access to Stock Trading, Options Trading, OTC Stocks, Mutual Funds and Advisor Services. Neither have Futures Trading and Forex Trading. Looking at Mutual Funds, eToro and Vanguard both provide customers access to 0 no transaction fee (NTF) mutual funds.
Which trading platform is better: eToro or Vanguard?
To compare the trading platforms of eToro and Vanguard, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, eToro offers a better experience. With research, eToro offers superior market research. Finally, we found eToro 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 eToro nor Vanguard offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans. Neither have Mortgage Loans.
Is eToro good?
Though its offerings have some limitations, eToro's approach will appeal to those interested in learning how to trade crypto or joining a crypto-focused community. 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.
Is Vanguard good?
Vanguard is aimed squarely at buy-and-hold investors, and its platform reflects that focus. Vanguard is known for its low-cost funds, and the investment platform is really built for those looking to invest solely in mutual funds and ETFs.
eToro vs Vanguard Winner
Overall winner: eToro
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