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Vanguard vs eToro 2022

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November 02, 2022

Is Vanguard better than eToro? After testing 15 of the best online brokers over six months, E*TRADE (92.52%) is better than Vanguard (62.82%). Founded in 1982 as one of the first online brokerages in the United States, E*TRADE highlights include $0 trades, two excellent mobile apps and the Power E*TRADE platform, which is great for beginners, active trading and options trading.

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Overall RatingVanguardeToroE*TRADE
Overall3.5 Stars3 Stars5 Stars
Commissions & Fees4.5 Stars4 Stars4.5 Stars
Investment Options4.5 Stars2 Stars5 Stars
Platforms & Tools1.5 Stars2.5 Stars4.5 Stars
Mobile Trading Apps3 Stars2.5 Stars5 Stars
Research2.5 Stars2.5 Stars4.5 Stars
Customer Service3 StarsN/A4.5 Stars
Education2.5 Stars3.5 Stars4.5 Stars
Ease Of Use4.5 Stars4 Stars5 Stars
ReviewVanguard RevieweToro ReviewE*TRADE Review
Trading FeesVanguardeToroE*TRADE
Minimum Deposit$0.00$10.00$0.00
Stock Trades$0.00$0.00$0.00
Penny Stock Fees (OTCCB)$0.00N/A$6.95
Mutual Fund Trade FeeVariesN/A$19.99
Options (Base Fee)$0.00N/A$0.00
Options (Per Contract)$1.00N/A$0.65
Futures (Per Contract)N/AN/A$1.50
Broker Assisted Trade Fee25$0$25
Margin RatesVanguardeToroE*TRADE
Margin Rate Under $24,999.998.50%N/A11.95%
Margin Rate $25,000.00 to $49,999.9911.50%N/A11.45%
Margin Rate $50,000.00 to $99,999.9910.50%N/A10.95%
Margin Rate $100,000.00 to $249,999.9910.00%N/A10.45%
Margin Rate $250,000.00 to $499,999.999.50%N/A9.95%
Margin Rate $500,000.00 to $999,999.998.25%N/A9.45%
Margin Rate Above $1,000,000.00N/AN/A8.45%
Account FeesVanguardeToroE*TRADE
IRA Annual Fee$20.00N/A$0.00
IRA Closure Fee$0.00N/A$0.00
Account Transfer Out (Partial)$0.00N/A$25.00
Account Transfer Out (Full)$0.00N/A$75.00
Options Exercise Fee$0.00N/A$0.00
Options Assignment Fee$0.00N/A$0.00
Investment OptionsVanguardeToroE*TRADE
Stock TradingYesYesYes
Margin TradingYesNoYes
Fractional SharesNoYesNo
OTCBB / Pink SheetsYesNoYes
Options TradingYesNoYes
Complex Options Max Legs404
Futures TradingNoNoYes
Forex TradingNoNoNo
Crypto TradingNoYesNo
Crypto Trading - Total Coins0260
Mutual Funds (No Load)006486
Mutual Funds (Total)1000007242
Bonds (US Treasury)YesNoYes
Bonds (Corporate)YesNoYes
Bonds (Municipal)YesNoYes
Advisor ServicesYesNoYes
International Countries (Stocks)000
Order TypesVanguardeToroE*TRADE
Order Type - MarketYesYesYes
Order Type - LimitYesNoYes
Order Type - After HoursYesNoYes
Order Type - StopYesYesYes
Order Type - Trailing StopNoYesYes
Order Type - OCONoNoYes
Order Type - OTONoNoYes
Order Type - Broker AssistedYesNoYes
Education (Stocks)YesYesYes
Education (ETFs)NoNoYes
Education (Options)NoNoYes
Education (Mutual Funds)NoNoYes
Education (Bonds)NoNoYes
Education (Retirement)YesNoYes
Retirement CalculatorYesNoYes
Investor DictionaryNoNoYes
Paper TradingNoYesYes
Webinars (Archived)NoNoYes
Progress TrackingNoNoNo
Interactive Learning - QuizzesNoNoYes
Stock Trading AppsVanguardeToroE*TRADE
iPhone AppYesYesYes
Android AppYesYesYes
Apple Watch AppNoNoYes
Trading - StocksNoYesYes
Trading - After-HoursNoNoYes
Trading - Simple OptionsNoNoYes
Trading - Complex OptionsNoNoYes
Order Ticket RT QuotesNoYesYes
Order Ticket SRT QuotesNoYesYes
Stock App FeaturesVanguardeToroE*TRADE
Market Movers (Top Gainers)NoYesYes
Stream Live TVNoNoYes
Videos on DemandNoNoNo
Stock AlertsNoYesYes
Option Chains ViewableNoNoYes
Watch List (Real-time)NoYesYes
Watch List (Streaming)NoYesYes
Watch Lists - Create & ManageNoYesYes
Watch Lists - Column CustomizationNoNoYes
Watch Lists - Total Fields9795
Stock App ChartingVanguardeToroE*TRADE
Charting - After-HoursNoNoYes
Charting - Can Turn HorizontallyNoNoYes
Charting - Multiple Time FramesNoYesYes
Charting - Technical Studies0510
Charting - Study CustomizationsNoYesYes
Charting - Stock ComparisonsNoNoYes
Trading PlatformsVanguardeToroE*TRADE
Active Trading PlatformN/AN/APower E*TRADE
Desktop Trading PlatformNoNoNo
Desktop Platform (Mac)NoNoNo
Web Trading PlatformYesYesYes
Paper TradingNoYesYes
Trade JournalNoNoNo
Watch Lists - Total Fields9795
Stock Chart FeaturesVanguardeToroE*TRADE
Charting - Adjust Trades on ChartNoNoYes
Charting - Indicators / Studies946119
Charting - Drawing Tools01331
Charting - NotesNoYesYes
Charting - Index OverlaysYesYesYes
Charting - Historical TradesNoNoYes
Charting - Corporate EventsYesNoYes
Charting - Custom Date RangeNoNoYes
Charting - Custom Time BarsNoNoNo
Charting - Automated AnalysisNoNoYes
Charting - Save ProfilesNoYesYes
Trade Ideas - Technical AnalysisNoYesYes
Charting - Study Customizations156
Charting - Custom StudiesNoNoNo
Day TradingVanguardeToroE*TRADE
Streaming Time & SalesNoYesYes
Streaming TVNoNoYes
Direct Market Routing - StocksNoNoYes
Ladder TradingNoNoNo
Trade Hot KeysNoNoYes
Level 2 Quotes - StocksNoNoYes
Trade Ideas - BacktestingNoNoNo
Trade Ideas - Backtesting AdvNoNoNo
Short LocatorNoNoNo
Order Liquidity RebatesNoNoNo
Research OverviewVanguardeToroE*TRADE
Research - StocksYesYesYes
Research - ETFsYesYesYes
Research - Mutual FundsYesNoYes
Research - Pink Sheets / OTCBBNoNoYes
Research - BondsNoNoYes
Screener - StocksYesNoYes
Screener - ETFsNoNoYes
Screener - Mutual FundsYesNoYes
Screener - BondsNoNoYes
Misc - Portfolio AllocationYesNoYes
Stock ResearchVanguardeToroE*TRADE
Stock Research - PDF Reports206
Stock Research - EarningsYesYesYes
Stock Research - InsidersNoYesYes
Stock Research - SocialNoYesYes
Stock Research - NewsYesYesYes
Stock Research - ESGNoYesNo
Stock Research - SEC FilingsNoYesYes
ETF ResearchVanguardeToroE*TRADE
ETFs - Strategy OverviewNoYesYes
ETF Fund Facts - Inception DateNoNoYes
ETF Fund Facts - Expense RatioNoNoYes
ETF Fund Facts - Net AssetsNoNoYes
ETF Fund Facts - Total HoldingsNoNoYes
ETFs - Top 10 HoldingsNoNoYes
ETFs - Sector ExposureNoNoYes
ETFs - Risk AnalysisNoNoYes
ETFs - RatingsNoYesYes
ETFs - Morningstar StyleMapNoNoYes
ETFs - PDF ReportsNoNoYes
Mutual Fund ResearchVanguardeToroE*TRADE
Mutual Funds - Strategy OverviewYesNoYes
Mutual Funds - Performance ChartYesNoNo
Mutual Funds - Performance AnalysisYesNoYes
Mutual Funds - ProspectusYesNoYes
Mutual Funds - 3rd Party RatingsNoNoYes
Mutual Funds - Fees BreakdownYesNoYes
Mutual Funds - Top 10 HoldingsYesNoYes
Mutual Funds - Asset AllocationNoNoYes
Mutual Funds - Sector AllocationYesNoYes
Mutual Funds - Country AllocationNoNoYes
Mutual Funds - StyleMapYesNoYes
Options TradingVanguardeToroE*TRADE
Option Chains - Basic ViewYesNoYes
Option Chains - Strategy ViewNoNoYes
Option Chains - StreamingNoNoYes
Option Chains - Total Columns9031
Option Chains - Greeks005
Option Chains - Quick AnalysisNoNoYes
Option Analysis - P&L ChartsNoNoYes
Option Probability AnalysisNoNoYes
Option Probability Analysis AdvNoNoYes
Option Positions - GreeksNoNoYes
Option Positions - Greeks StreamingNoNoYes
Option Positions - Adv AnalysisNoNoYes
Option Positions - RollingNoNoYes
Option Positions - GroupingNoNoYes
Bank (Member FDIC)NoNoYes
Checking AccountsNoNoYes
Savings AccountsNoNoYes
Credit CardsNoNoYes
Debit CardsNoNoYes
Mortgage LoansNoNoYes
Customer ServiceVanguardeToroE*TRADE
Phone Support (Prospect Customers)YesNoYes
Phone Support (Current Customers)YesNoYes
Email SupportYesYesYes
Live Chat (Prospect Customers)NoYesNo
Live Chat (Current Customers)NoYesYes
24/7 SupportNoNoYes
Overall3.5 Stars3 Stars5 Stars
Commissions & Fees4.5 Stars4 Stars4.5 Stars
Investment Options4.5 Stars2 Stars5 Stars
Platforms & Tools1.5 Stars2.5 Stars4.5 Stars
Mobile Trading Apps3 Stars2.5 Stars5 Stars
Research2.5 Stars2.5 Stars4.5 Stars
Education2.5 Stars3.5 Stars4.5 Stars
Ease Of Use4.5 Stars4 Stars5 Stars
ReviewVanguard 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
  • check_box_outline_blankcheck_boxMerrill Edge
  • check_box_outline_blankcheck_boxRobinhood
  • check_box_outline_blankcheck_boxSofi Invest
  • check_box_outline_blankcheck_boxTD Ameritrade
  • check_box_outline_blankcheck_boxTradeStation
  • check_box_outline_blankcheck_boxTradier
  • check_box_outline_blankcheck_boxVanguard
  • check_box_outline_blankcheck_boxWebull
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Vanguard 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 Vanguard vs eToro.

Is Vanguard or eToro better for beginners?

E*TRADE offers more comprehensive new investor education for beginner investors than Vanguard. Vanguard offers investors access to Education (Stocks) and Education (Retirement), while eToro offers investors access to Paper Trading, Videos and Education (Stocks), neither have Education (ETFs), Education (Options), Education (Mutual Funds) and Education (Bonds).

What about Vanguard vs eToro pricing?

Vanguard and eToro charge the same amount for regular stock trades, $0.00. Option contracts are pricier at Vanguard, costing $1.00 per contract versus N/A per contract at eToro. For a complete commissions summary, see our best brokers for free stock trading guide.

Does Vanguard or eToro offer a wider range of investment options?

Vanguard offers investors access to Stock Trading, Options Trading, OTCBB / Pink Sheets, Mutual Funds and Advisor Services, while eToro offers investors access to Stock Trading and Fractional Shares, neither have Futures Trading and Forex Trading. Looking at Mutual Funds, eToro trails Vanguard in its offering of no transaction fee (NTF) mutual funds, with Vanguard offering 272 and eToro offering 0.

Which trading platform is better: Vanguard or eToro?

To compare the trading platforms of Vanguard and eToro, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, E*TRADE 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 Vanguard nor eToro offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans, neither have Mortgage Loans.

Is Vanguard good?

Vanguard, known for its low-cost funds, is aimed squarely at buy-and-hold investors and its platform reflects that focus.

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.

Vanguard vs eToro Winner

Overall winner: E*TRADE

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