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Freetrade vs eToro 2021

Your capital is at risk.
Is eToro better than Freetrade? After scoring the best share dealing accounts across 46 different variables, Freetrade is better than eToro. Freetrade's commission-free model allows trading of fractional shares with a user-friendly mobile trading app, and the educational offering is of good quality. Research and range of investments are limited, however, and there is no online trading platform.


Overall Rating

Feature Freetrade eToro
Overall 4 4
Commissions & Fees 5 4
Offering of Investments 2.5 3.5
Platform & Tools 1 3.5
Research 2 3
Education 0 3
Freetrade Review eToro Review
Winner check_circle

Trading Fees

Feature Freetrade eToro
Minimum Deposit
£0.00 37 (USD50)
Share Trading: 0-9 Deals/ Month
£0.00 £0 (Other Fees Apply)
Share Trading: 10-19 Deals/ Month
£0.00 £0 (Other Fees Apply)
Share Trading: 20+ Deals/ Month
£0.00 £0 (Other Fees Apply)
Annual Custody Fee: £0 - £250,000
£0.00 £0 (Other Fees Apply)
Bonds - Government (Gilts) - Fee
N/A N/A
ETFs - Fee
£0.00 £0 (Other Fees Apply)
Investment Trusts - Fee
£0.00 N/A
Telephone Dealing Fee
N/A N/A

Platforms & Tools

Feature Freetrade eToro
Desktop Platform (Windows)
No No
Web Platform
No Yes
iPhone App
Yes Yes
Android App
Yes Yes
Stock Alerts
No Yes
Charting - Indicators / Studies
66
Charting - Drawing Tools
1 13
Charting - Notes
No No
Charting - Display Corporate Events
No No
Charting - Stock Overlays
No Yes

Research

Feature Freetrade eToro
Research - Shares
Yes Yes
Research - CFDs
No No
Research - Funds
No No
Fund Research - Research Reports
No No
Research - ETFs
Yes No
Research - Bonds
No No
Portfolio Allocation Breakdown
No Yes

Investments

Feature Freetrade eToro
Share Trading
Yes Yes
CFD Trading
No Yes
Funds
No No
ETFs
Yes Yes
Bonds - Corporate
No No
Bonds - Government (Gilts)
No No
Investment Trusts
Yes No
Spread Betting
No No
Advisor Services
No No

Education

Feature Freetrade eToro
Has Education - Share Trading
Yes Yes
Has Education - Funds
No No
Has Education - Retirement
Yes No
Client Webinars
No Yes
Client Webinars (Archived)
No Yes

Overall

Feature Freetrade eToro
Overall 4 4
Commissions & Fees 5 4
Offering of Investments 2.5 3.5
Platform & Tools 1 3.5
Research 2 3
Education 0 3
Freetrade Review eToro Review
Winner check_circle

For our 2021 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare eToro vs Freetrade.

Which broker is less expensive?

Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, Freetrade offers better pricing than eToro for share dealing.

Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.

1 Trade Per Month - Freetrade is cheaper. Freetrade would only cost £0 each year while eToro would cost £154.

3 Trades Per Month - Freetrade is less expensive under this scenario. Freetrade would cost £0 per year while eToro would cost £154.

10 Trades Per Month - Freetrade is the better choice. Annual fees with Freetrade would total £0, while annual fees with eToro would be £154.

20 Trades Per Month - Freetrade costs less in this scenario. Total annual costs with Freetrade would equal £0, while eToro would equal £154.

Which broker offers a wider range of investment options?

eToro offers a more diverse selection of investment options than Freetrade. eToro offers investors access to ETFs and Share Trading. Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.

Which platform offers better research?

Our testing concluded that eToro is better for research than Freetrade. eToro offers more research options, including research reports, articles, and analyst ratings.

Which trading platform is better?

To compare the trading platforms of both eToro and Freetrade, we tested each broker's trading tools and share dealing app. All features compared, eToro offers a better share dealing platform.

Overall winner: Freetrade

Read Next: Best UK Trading Platforms 2021


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All pricing data was obtained from a published web site as of 10/22/2021 and is believed to be accurate, but is not guaranteed. The StockBrokers.com UK staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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