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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