Webull vs eToro Comparison
Comparing brokers side by side is no easy task. We spend hundreds of hours each year testing the platforms, mobile apps, trading tools and general ease of use among online brokerages, as well as comparing commissions and fees, to find the best online broker.
Though many U.S. brokers offer basic trading features, such as an app, charting tools, stock research and educational content, the depth of those features can vary widely. Let's compare Webull vs eToro.
Is Webull or eToro better for beginners?
In stock trading, the more you know, the better you’ll do. Taking advantage of resources like articles, webinars, videos and interactive elements is a great way to shorten the learning curve. In our analysis, we examine the availability of several different types of educational materials.
For 2024, our review finds that Webull offers more comprehensive new investor education for beginning investors than eToro. Webull offers investors access to Paper Trading, Education (Stocks), Education (ETFs) and Education (Options), while eToro offers investors access to Paper Trading, Videos and Education (Stocks). Neither have Education (Mutual Funds), Education (Bonds) and Education (Retirement).
What about Webull vs eToro pricing?
Webull and eToro charge the same amount for regular stock trades, $0.00. Webull and eToro both charge $0.00 per option contract. Webull and eToro both charge (Not offered) per option contract. For a deeper dive, see our best brokers for free stock trading guide.
Does Webull or eToro offer a wider range of investment options?
Looking at a full range of investment options, including order types and international trading, our research has found that Webull offers a more comprehensive offering than eToro. Webull ranks #12 out of 18 brokers for our Investment Options category, while eToro ranks #17.
Webull offers investors access to Stock Trading, Fractional Shares, Options Trading and OTC Stocks, while eToro offers investors access to Stock Trading, Fractional Shares and Options Trading. Neither have Mutual Funds, Futures Trading, Forex Trading and Advisor Services Looking at Mutual Funds, Webull and eToro both provide customers access to 0 no transaction fee (NTF) mutual funds.
Do Webull and eToro offer cryptocurrency?
In our analysis of top U.S. brokerages, we research whether each broker offers the ability to trade cash cryptocurrency, such as bitcoin and ethereum. Though crypto has risen steadily in popularity, availability still varies from broker to broker. Our review finds that both Webull and eToro offer crypto trading.
Which trading platform is better: Webull or eToro?
To compare the day trading platforms of Webull and eToro, we focused on trading tools and functionality across both web and desktop-based platforms. Popular day trading platform tools include streaming real-time quotes, stock alerts, trading hotkeys, direct market routing, streaming time and sales, customizable watch lists, backtesting, and fully functional charting packages, among many others. For day trading, Webull offers a better experience.
Does Webull or eToro offer a better stock trading app?
After testing 25 features across the stock trading apps of Webull and eToro, we found Webull to be better overall. The best stock market apps are easy to use, have excellent design, and deliver a fully featured online trading experience. Webull ranks #7 out of 18 brokers, while eToro ranks #11.
Webull Trading App Gallery
eToro Trading App Gallery
Which broker is better for researching stocks?
For research, Webull offers superior market research than eToro. Webull ranks #11 and eToro ranks #12.
Over the years, we've found that the best brokers provide rich market commentary, a variety of third-party research reports, and thorough quote screens that are not just easy to navigate, but that also include a comprehensive selection of fundamental data. Robust stock, ETFs, and mutual fund screeners are also must-haves for trade idea generation.
How do Webull and eToro compare in terms of minimum deposit required?
Webull requires a minimum deposit of $0.00, while eToro requires a minimum deposit of $10.00. From our testing, we found that SoFi is the only broker that requires a minimum deposit.
Which broker offers better margin rates for accounts under $25,000?
Webull charges 9.74% for accounts under $25,000 while eToro charges a margin rate of Not offered. The industry average of the 18 brokers we track is 9%.
Does Webull offer fractional shares? Does eToro?
Webull and eToro allow traders to trade fractional shares. Our research has found that 39% of brokers offer fractional shares investing. Fractional shares allow traders to buy a part of a whole share of stock. For example, if Amazon is trading at $1,000, you could buy half a share for $500.
Can you trade penny stocks with Webull or eToro?
Neither Webull nor eToro allow you to trade penny stocks. Penny stocks are companies whose shares trade for under $5 and are listed over the counter (OTC). For brokers that do offer penny stock trades, the average commission is $3.
Does either broker offer banking?
Online banking can be a benefit for investors, and some brokerages do provide banking services to customers. Neither Webull nor eToro offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans. Neither have Mortgage Loans.
Which broker offers stronger customer service?
StockBrokers.com partners with customer experience research group Confero to conduct phone tests from locations across the United States to thoroughly evaluate the quality and speed of brokerage customer service. (Read more about How We Test.) Here are the results of our current testing.
Webull was rated 13th out of 13 brokers, with an overall score of 4.42 out of 10.
eToro’s customer service could not be tested or rated due to the fact it does not offer phone support for prospective customers.
Is Webull good?
Webull is an excellent choice for beginning and intermediate traders. The user experience is outstanding, and Webull has better charts than its natural competitor, Robinhood. Options contracts are commission-free, but crypto markups and markdowns are on the high side. Experienced investors may eventually miss the features, research, and investment choices available at leading brokers.
In the 2024 StockBrokers.com Annual Review, Webull ranked No. 1 for Paper Trading. It placed among Best in Class for Investor Community.
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.
In the 2024 StockBrokers.com Annual Awards, eToro ranked No. 1 for Investor Community and Crypto Technology.
Webull vs eToro Winner
Overall winner: Webull
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