Written by StockBrokers.com
In this head to head comparison of eToro vs Lloyds Bank, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
Your capital is at risk.
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 Lloyds Bank for share dealing.
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.
For UK investors comparing eToro and Lloyds Bank, both platforms offer share dealing, ETFs, and investment trusts. eToro adds cryptocurrency and CFD trading, but does not support funds, corporate bonds, or government bonds (gilts), and it has no advice services. Lloyds Bank does not offer crypto or CFDs, but it does provide funds, corporate bonds, gilts, and access to advice; spread betting is not listed for either provider.
On investment choice, UK.StockBrokers.com rates both at 4.5/5, with Lloyds Bank ranked 8th of 21 brokers and eToro 15th. Choose eToro if you prioritise crypto and CFDs within a share trading account, or pick Lloyds Bank if you want funds, bonds, gilts, and advice alongside share dealing and ETFs.
| Feature |
eToro
|
Lloyds Bank
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | No |
| ETFs | Yes | Yes |
| Mutual Funds | No | Yes |
| Bonds - Government (Gilts) | No | Yes |
| Investment Trusts | Yes | Yes |
| Spread Betting | No | No |
| Crypto Trading | Yes | No |
| Advisor Services | No | Yes |
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
Comparing eToro vs Lloyds Bank for trading tools in the UK, both platforms lack corporate events (earnings, splits, dividends) on charts. eToro offers 106 technical indicators versus 93 at Lloyds. eToro lists 9 drawing tools, while Lloyds’ count isn’t stated. Only Lloyds lets you add notes to charts, but eToro supports both index and stock overlays, which Lloyds doesn’t.
Both brokers provide a browser-based trading platform and stock price alerts. For data, eToro delivers real-time market prices, while Lloyds does not. In short, eToro suits traders who want more indicators, overlays and live data, whereas Lloyds will appeal if adding notes on charts matters most.
| Feature |
eToro
|
Lloyds Bank
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 106 | 93 |
| Charting - Drawing Tools | 9 | |
| Charting - Notes | No | Yes |
| Charting - Display Corporate Events | No | No |
| Charting - Stock Overlays | Yes | No |
| Charting - Index Overlays | Yes | No |
When choosing between eToro and Lloyds Bank for managing your retirement savings in the UK, it's important to consider the types of accounts each offers. Both eToro and Lloyds Bank provide Individual Savings Accounts (ISAs), allowing for tax-efficient investing. However, for those interested in Self-Invested Personal Pensions (SIPPs), Lloyds Bank is the preferred choice, as eToro does not offer SIPP accounts. This distinction could influence your decision based on your retirement planning needs and whether you prioritize accessing a pension plan alongside your investments.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
When comparing the mobile apps of online broker eToro and Lloyds Bank, both platforms offer apps compatible with iPhone and Android devices. However, eToro stands out with a 5-star rating from UK.StockBrokers.com, securing the 5th spot among 21 brokers for its mobile app experience. In contrast, Lloyds Bank's app receives a 3.5-star rating, ranking 17th out of the same group. This positions eToro as a more favorable choice for users prioritizing mobile functionality and ease of use.
Dive deeper: Best Stock Trading Apps UK.
Comparing eToro and Lloyds Bank for beginner investor education in the UK: neither platform runs client webinars or offers on-demand webinar archives. eToro provides education on share trading, while Lloyds Bank does not; both lack education on funds and retirement. UK.StockBrokers.com rates eToro 5 stars and ranks it 11th out of 21 brokers for beginner education, ahead of Lloyds Bank at 4 stars and 14th.
| Feature |
eToro
|
Lloyds Bank
|
|---|---|---|
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Education (Share Trading) | Yes | No |
| Education (Funds) | No | No |
| Education (Retirement) | No | No |
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
When comparing market research features of eToro and Lloyds Bank, UK investors will find notable differences in their offerings. eToro stands out with the ability to view portfolio allocations by asset classes, a feature not available with Lloyds Bank. Both platforms provide comprehensive research on shares and ETFs, ensuring investors have access to vital market data. However, Lloyds Bank provides an upper hand with extensive research reports on funds and bonds, areas where eToro does not offer resources. Thus, for investors prioritizing in-depth analysis on funds and bonds, Lloyds Bank might be more suitable, while eToro serves those keen on transparent portfolio allocation.
| Feature |
eToro
|
Lloyds Bank
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Research - Bonds | No | Yes |
| Research - Funds | No | Yes |
| Fund Research - Research Reports | No | Yes |
| Portfolio Allocation Breakdown | Yes | No |
Which broker is better overall, eToro or Lloyds Bank? After collecting more than 900 data points over a 10-week period, we found eToro to be a better trading platform overall.
eToro offers a wide range of assets and instruments and is well-known for its ‘social trading’ approach. It has among the lowest fees and best mobile app experiences of brokers we tested in the U.K., and offers a great starting point for those new to stock trading. Our analysis finds it better suited to short-term traders than long-term investors.
| Feature |
eToro
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Lloyds Bank
|
|---|---|---|
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When comparing online broker eToro to Lloyds Bank, eToro stands out for its cryptocurrency trading options, whereas Lloyds Bank does not provide crypto trading services.
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0 of 5| Overall Rating | eToro | Lloyds Bank | |
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| Review | eToro Review | Lloyds Bank Review | |
| Winner | check_circle |
| Investments | eToro | Lloyds Bank | |
|---|---|---|---|
| ISA | Yes | Yes | |
| SIPP | No | Yes | |
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | No | |
| Mutual Funds | No | Yes | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | No | Yes | |
| Bonds - Government (Gilts) | No | Yes | |
| Investment Trusts | Yes | Yes | |
| Spread Betting | No | No | |
| Crypto Trading | Yes | ||
| Advisor Services | No | Yes |
| Trading Fees | eToro | Lloyds Bank | |
|---|---|---|---|
| Minimum Deposit | $50 | £1 | |
| Share Trading: 0-9 Deals/ Month | £0 | £9.50 | |
| Share Trading: 10-19 Deals/ Month | £0 | £8 | |
| Share Trading: 20+ Deals/ Month | £0 | £8 | |
| 5 trades per year (£30k portfolio) | |||
| 12 trades per year (£30k portfolio) | |||
| 36 trades per year (£30k portfolio) | |||
| 120 trades per year (£30k portfolio) | |||
| 3 fund trades per year (£30k portfolio) | |||
| Annual Platform Fee (Funds): £0 - £250,000 | N/A | £36 | |
| Annual Platform Fee (Funds): £250K-£500K | N/A | £36 | |
| Annual Platform Fee (Funds): £500,000 - £1m | N/A | £36 | |
| Annual Platform Fee (Funds): £1m and over | N/A | £36 | |
| Bonds - Corporate - Fee | N/A | £9.50 | |
| Bonds - Government (Gilts) - Fee | £0 | £9.50 | |
| ETFs - Fee | N/A | £9.50 | |
| Investment Trusts - Fee | £0 | N/A | |
| Telephone Dealing Fee | N/A | £35 |
| Broker Screenshots | eToro | Lloyds Bank | |
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| Platforms & Tools | eToro | Lloyds Bank | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 106 | 93 | |
| Charting - Drawing Tools | 9 | ||
| Charting - Notes | No | Yes | |
| Charting - Display Corporate Events | No | No | |
| Charting - Stock Overlays | Yes | No | |
| Charting - Index Overlays | Yes | No |
| Research | eToro | Lloyds Bank | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | |||
| Research - Funds | No | Yes | |
| Fund Research - Research Reports | No | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | No | Yes | |
| Portfolio Allocation Breakdown | Yes | No |
| Education | eToro | Lloyds Bank | |
|---|---|---|---|
| Education (Share Trading) | Yes | No | |
| Education (Funds) | No | No | |
| Education (Retirement) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No |
| Overall Summary | eToro | Lloyds Bank | |
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| Review | eToro Review | Lloyds Bank Review | |
| Winner | check_circle |
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