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Interactive Brokers vs eToro 2025

StockBrokers.com

Written by StockBrokers.com

April 17, 2025

In this head to head comparison of Interactive Brokers vs eToro, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.

Interactive Brokers
4.5/5 Stars Overall
  • Minimum Deposit: £0
  • ISA: Yes
  • SIPP: Yes
eToro
4.5/5 Stars Overall
  • Minimum Deposit: $50 info
  • ISA: Yes
  • SIPP: No

Fees

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, eToro offers better pricing than Interactive Brokers 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.

5 trades per year - Interactive Brokers would cost £15 per year, while eToro would cost £0 per year.

12 trades per year - Interactive Brokers would cost £36 per year, while eToro would cost £0 per year.

36 trades per year - Interactive Brokers would cost £108 per year, while eToro would cost £0 per year.

120 trades per year - Interactive Brokers would cost £360 per year, while eToro would cost £0 per year.

3 fund trades per year - Interactive Brokers would cost £0 per year, while eToro would cost $50 per year.

query_stats What type of trader are you?

New to the world of investing? See our picks for the Best UK Trading Platforms for Beginners. More experienced traders should read our guide to the Best UK Trading Platforms for Active Traders.

Investment Choices

Interactive Brokers and eToro both offer a variety of investment choices for UK investors, including share and cryptocurrency trading, exchange-traded funds (ETFs), and contracts for difference (CFDs). However, Interactive Brokers extends its offerings to include trading in funds, corporate bonds, government bonds, and investment trusts, which are not available with eToro. Neither platform provides spread betting or advisor services, keeping their focus on trading options.

When evaluated by UK.StockBrokers.com, Interactive Brokers earns a stellar 5-star rating for investment choices, securing the second spot among 21 brokers, while eToro holds a solid 4.5-star rating, ranking 15th. These rankings highlight Interactive Brokers' broader range of investment products compared to eToro, which still offers a comprehensive suite of trading options for diversified investment strategies.

Feature Interactive Brokers logoInteractive Brokers
eToro logoeToro
Share Trading info Yes Yes
CFD Trading info Yes Yes
ETFs info Yes Yes
Funds info Yes No
Bonds - Government (Gilts) info Yes No
Investment Trusts info Yes No
Spread Betting info No No
Crypto Trading info Yes Yes
Advisor Services info No No
Investment Choices 5/5 Stars 4.5/5 Stars

Featured Offers


4.5/5 Stars

Low-cost US and UK shares.

4.5/5 Stars

Professional’s Gateway to the World’s Markets.

Trading Tools

When comparing the trading tools of Interactive Brokers and eToro, those seeking a comprehensive charting experience will find distinct features in each. Interactive Brokers allows users to display corporate events directly on charts, whereas eToro does not. With 80 drawing tools, Interactive Brokers gives users a wide array of options to customize their charts, slightly edging out eToro's 56 tools. However, eToro takes a lead in technical analysis with 106 indicators compared to Interactive Brokers' 96. Both platforms allow users to add notes, as well as overlay indexes and stocks onto charts, ensuring a detailed trading experience.

For traders in the UK looking for accessibility, both Interactive Brokers and eToro offer browser-based trading platforms and facilitate stock price alerts. However, a crucial differentiator arises in market data access—eToro provides real-time data, a feature not available with Interactive Brokers. Ultimately, your choice might depend on whether you value real-time insights or a more extensive charting toolkit.

Feature Interactive Brokers logoInteractive Brokers
eToro logoeToro
Web Platform info Yes Yes
Stock Alerts info Yes Yes
Charting - Indicators / Studies info 96 106
Charting - Drawing Tools info 80 56
Charting - Notes info Yes Yes
Charting - Display Corporate Events info Yes No
Charting - Stock Overlays info Yes Yes
Charting - Index Overlays info Yes Yes

ISAs and SIPPs

When comparing online brokers Interactive Brokers and eToro for UK investors focusing on retirement accounts, it’s noteworthy that both platforms offer Individual Savings Accounts (ISAs), enabling tax-efficient savings. However, Interactive Brokers further caters to retirement planning by providing Self-Invested Personal Pension (SIPP) accounts, a crucial option that eToro does not currently support. This distinction could be significant for those prioritizing a comprehensive retirement strategy, making Interactive Brokers a versatile choice for investors looking to maximize their retirement savings options.

Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.

Mobile App

For UK investors assessing the mobile trading options offered by Interactive Brokers and eToro, both platforms deliver highly rated iPhone and Android apps. According to UK.StockBrokers.com, both apps hold a perfect rating of 5 stars. Interactive Brokers distinguishes itself slightly, securing the 4th position out of 21 brokers for mobile app quality, while eToro closely follows at 5th place. Whether you prefer Interactive Brokers or eToro, both provide top-notch mobile apps to suit your trading needs.

Dive deeper: Best Stock Trading Apps UK.

Beginners and Education

When comparing the educational resources for beginner investors offered by Interactive Brokers and eToro, UK investors will find distinct differences. Interactive Brokers provides a comprehensive range of learning options, including live client webinars as well as archived sessions for on-demand viewing, covering topics such as share trading, funds, and retirement. In contrast, eToro lacks webinar offerings and primarily focuses its educational content on share trading, without additional coverage on funds or retirement planning. Both platforms receive a commendable 4.5-star rating from UK.StockBrokers.com for their beginner education efforts. However, Interactive Brokers ranks slightly higher at #8 among 21 brokers, whereas eToro is ranked at #11, indicating a modest edge in educational support for those starting their investment journey in the UK.

Feature Interactive Brokers logoInteractive Brokers
eToro logoeToro
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Education (Share Trading) info Yes Yes
Education (Funds) info Yes No
Education (Retirement) info Yes No
Education 4.5/5 Stars 4.5/5 Stars

Dive deeper: Best UK Trading Platforms for Beginners.

Market Research

When it comes to market research features, Interactive Brokers and eToro offer a range of options, but they differ in some key areas. Interactive Brokers provides research reports for funds, whereas eToro does not offer this service. Both platforms allow users to view their portfolio allocation by asset class and offer shares and ETF research. However, while Interactive Brokers covers funds and bonds research, eToro falls short by not providing these insights. Both platforms do provide research for CFDs. UK investors might find Interactive Brokers more comprehensive for in-depth research, especially if they're looking to delve into funds and bonds.

Feature Interactive Brokers logoInteractive Brokers
eToro logoeToro
Research - Shares info Yes Yes
Research - CFDs info Yes Yes
Research - ETFs info Yes Yes
Research - Bonds info Yes No
Research - Funds info Yes No
Fund Research - Research Reports info Yes No
Portfolio Allocation Breakdown info Yes Yes

Interactive Brokers vs eToro Winner

Which broker is better overall, Interactive Brokers or eToro? After collecting more than 900 data points over a 10-week period, we found Interactive Brokers to be a better trading platform overall.

Interactive Brokers is a sophisticated trading platform aimed at confident and institutional-grade investors. For newer investors, Interactive Brokers is more intimidating, though it's worth exploring the platform to see if you could save money or access more investments compared to other brokers.

Feature Interactive Brokers logoInteractive Brokers
eToro logoeToro
Overall Rating 4.5/5 Stars 4.5/5 Stars
Charges & Fees 4.5/5 Stars 4.5/5 Stars
Investment Choices 5/5 Stars 4.5/5 Stars
Mobile App 5/5 Stars 5/5 Stars
Website 5/5 Stars 4.5/5 Stars
Ease of Use 4/5 Stars 4.5/5 Stars
Education 4.5/5 Stars 4.5/5 Stars

FAQs

Can you trade cryptocurrency with Interactive Brokers or eToro?

Both Interactive Brokers and eToro provide cryptocurrency trading options, making them competitive choices for investors seeking diverse trading platforms that cater to the emerging demand in digital currencies.

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Compare

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Overall Rating Interactive Brokers eToro
Overall Rating 4.5/5 Stars 4.5/5 Stars
Charges & Fees 4.5/5 Stars 4.5/5 Stars
Investment Choices 5/5 Stars 4.5/5 Stars
Mobile App 5/5 Stars 5/5 Stars
Website 5/5 Stars 4.5/5 Stars
Ease of Use 4/5 Stars 4.5/5 Stars
Education 4.5/5 Stars 4.5/5 Stars
Review Interactive Brokers Review eToro Review
Winner check_circle
Investments Interactive Brokers eToro
ISA info Yes Yes
SIPP info Yes No
Share Trading info Yes Yes
CFD Trading info Yes Yes
Funds info Yes No
ETFs info Yes Yes
Bonds - Corporate info Yes No
Bonds - Government (Gilts) info Yes No
Investment Trusts info Yes No
Spread Betting info No No
Crypto Trading info Yes info Yes
Advisor Services info No No
Trading Fees Interactive Brokers eToro
Minimum Deposit info £0 $50 info
Share Trading: 0-9 Deals/ Month info £3 £0
Share Trading: 10-19 Deals/ Month info £3 £0
Share Trading: 20+ Deals/ Month info £3 £0
5 trades per year (£30k portfolio) info £15 £0
12 trades per year (£30k portfolio) info £36 £0
36 trades per year (£30k portfolio) info £108 £0
120 trades per year (£30k portfolio) info £360 £0
3 fund trades per year (£30k portfolio) info £0 / £14.85 info N/A
Annual Custody Fee: £0 - £250,000 info £0 £0
Annual Custody Fee: £250K-£500K info £0 £0
Annual Custody Fee: £500,000 - £1m info £0 £0
Annual Custody Fee: £1m and over info £0 £0
Bonds - Corporate - Fee info 0.1% (for <10,000 EUR) 0.025% (for >10,000 EUR) N/A
Bonds - Government (Gilts) - Fee info 0.1% (for <10,000 EUR) 0.025% (for >10,000 EUR) N/A
ETFs - Fee info £3 £0
Investment Trusts - Fee info N/A N/A
Telephone Dealing Fee info £25 N/A
Broker Screenshots Interactive Brokers eToro
Website Gallery (click to expand)
Mobile Trading Apps Gallery (click to expand)
Education Gallery (click to expand)
Platforms & Tools Interactive Brokers eToro
Web Platform info Yes Yes
iPhone App info Yes Yes
Android App info Yes Yes
Stock Alerts info Yes Yes
Charting - Indicators / Studies info 96 106
Charting - Drawing Tools info 80 56
Charting - Notes info Yes Yes
Charting - Display Corporate Events info Yes No
Charting - Stock Overlays info Yes Yes
Charting - Index Overlays info Yes Yes
Research Interactive Brokers eToro
Research - Shares info Yes Yes
Research - CFDs info Yes Yes
Research - Funds info Yes No
Fund Research - Research Reports info Yes No
Research - ETFs info Yes Yes
Research - Bonds info Yes No
Portfolio Allocation Breakdown info Yes Yes
Education Interactive Brokers eToro
Education (Share Trading) info Yes Yes
Education (Funds) info Yes No
Education (Retirement) info Yes No
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Overall Summary Interactive Brokers eToro
Overall Rating 4.5/5 Stars 4.5/5 Stars
Charges & Fees 4.5/5 Stars 4.5/5 Stars
Investment Choices 5/5 Stars 4.5/5 Stars
Mobile App 5/5 Stars 5/5 Stars
Website 5/5 Stars 4.5/5 Stars
Ease of Use 4/5 Stars 4.5/5 Stars
Education 4.5/5 Stars 4.5/5 Stars
Review Interactive Brokers Review eToro Review
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