Written by StockBrokers.com
In this head to head comparison of Trading 212 vs eToro, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
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, Trading 212 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.
5 trades per year - Trading 212 would cost £0 per year, while eToro would cost £0 per year.
12 trades per year - Trading 212 would cost £0 per year, while eToro would cost £0 per year.
36 trades per year - Trading 212 would cost £0 per year, while eToro would cost £0 per year.
120 trades per year - Trading 212 would cost £0 per year, while eToro would cost £0 per year.
3 fund trades per year - Trading 212 would cost £1 per year, while eToro would cost $50 per year.
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.
Trading 212 and eToro both provide UK investors with access to a variety of investment opportunities, but there are distinct differences in their offerings. Trading 212 supports share trading, ETFs, CFD trading, and investment trusts, providing a broad platform for traditional trading without options for crypto trading or spread betting. On the other hand, eToro mirrors several of these offerings, such as share trading, ETFs, and CFDs, and further expands its reach by incorporating cryptocurrency trading, which could be appealing to those looking to diversify with digital assets.
Despite both brokers receiving a 4.5-star rating for investment choices from UK.StockBrokers.com, eToro edges out Trading 212 with a slightly higher ranking of 15 out of 21 brokers, against Trading 212's rank of 16. While neither platform offers trading of funds, corporate bonds, government bonds, nor provides advisor services, the subtle differences in available assets, such as eToro's crypto trading and Trading 212's investment trusts, allow investors to align their investment strategies accordingly.
| Feature |
Trading 212
|
eToro
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | Yes |
| ETFs | Yes | Yes |
| Funds | ||
| Bonds - Government (Gilts) | ||
| Investment Trusts | Yes | |
| Spread Betting | ||
| Crypto Trading | Yes | |
| Advisor Services | ||
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
When comparing Trading 212 and eToro in terms of trading tools, both platforms provide robust online interfaces suitable for UK traders. Trading 212 offers a user-friendly platform with the ability to add notes to charts, create alerts for stock price updates, and access real-time market data. However, while Trading 212 boasts 27 drawing tools and 106 technical indicators, it lacks capabilities like displaying corporate events and adding stock or index overlays to charts, features that eToro offers.
eToro, on the other hand, provides a more comprehensive charting experience, featuring the same number of technical indicators—106—but offering 56 drawing tools. It stands out by allowing users to add stock and index overlays, as well as view corporate events directly on their charts. Like Trading 212, eToro also offers essential features such as a browser-based trading platform, chart note-taking, and timely alerts for stock price changes, ensuring real-time market data access.
| Feature |
Trading 212
|
eToro
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 106 | 106 |
| Charting - Drawing Tools | 27 | 56 |
| Charting - Notes | Yes | Yes |
| Charting - Display Corporate Events | ||
| Charting - Stock Overlays | Yes | |
| Charting - Index Overlays | Yes |
When comparing online brokers Trading 212 and eToro for UK investors, both platforms offer Individual Savings Accounts (ISAs), which allow users to invest tax-efficiently. However, potential investors should note that neither Trading 212 nor eToro currently provide a Self-Invested Personal Pension (SIPP) account option. This limitation might influence decisions for those specifically seeking a platform that supports pension investing alongside regular trading and savings accounts. Understanding these offerings can help you choose the platform that best meets your investment goals and tax-efficient saving needs.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
When comparing the mobile app offerings of Trading 212 and eToro for UK investors, both platforms provide apps for iPhone and Android devices, ensuring accessibility on the go. According to UK.StockBrokers.com, both services receive a stellar 5-star rating for their mobile apps, highlighting their strong functionality and user experience. However, Trading 212 edges ahead in ranking, coming in at #3 among 21 brokers for mobile apps, while eToro holds the #5 spot. This suggests that despite equal ratings, Trading 212's mobile experience is marginally more highly regarded, perhaps making it a slightly more appealing option for traders prioritizing mobile trading capabilities.
Dive deeper: Best Stock Trading Apps UK.
When comparing the beginner investor educational resources offered by online brokers Trading 212 and eToro, both platforms provide education on share trading, with Trading 212 also covering funds. However, neither broker offers educational client webinars, nor do they offer archived ones for on-demand viewing. According to UK.StockBrokers.com, Trading 212 receives a commendable 4-star rating for beginner education, yet it falls behind eToro, which garners 4.5 stars. In the ranking of 21 brokers, Trading 212 holds the 13th position, while eToro ranks 11th, indicating slightly better beginner education resources for UK investors from eToro.
| Feature |
Trading 212
|
eToro
|
|---|---|---|
| Client Webinars | ||
| Client Webinars (Archived) | ||
| Education (Share Trading) | Yes | Yes |
| Education (Funds) | Yes | |
| Education (Retirement) | ||
| Education |
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|
Dive deeper: Best UK Trading Platforms for Beginners.
When comparing market research features, Trading 212 and eToro provide several tools that cater to UK investors. Both platforms offer insights into portfolio allocation by asset class, allowing users to assess the distribution of their investments easily. In terms of research availability, both Trading 212 and eToro cover shares, ETFs, and CFDs, providing valuable information to help guide trading decisions. However, neither platform provides specific research reports for funds or bonds, which may be a consideration for investors focused on these areas.
| Feature |
Trading 212
|
eToro
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Research - Bonds | ||
| Research - Funds | ||
| Fund Research - Research Reports | ||
| Portfolio Allocation Breakdown | Yes | Yes |
Which broker is better overall, Trading 212 or eToro? After collecting more than 900 data points over a 10-week period, we found Trading 212 to be a better trading platform overall.
Trading 212 offers commission-free share dealing and is a great option for those looking to simply execute share or ETF trades. Novice investors or those looking for more diversification through mutual funds may find better options elsewhere.
| Feature |
Trading 212
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eToro
|
|---|---|---|
| Overall Rating |
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| Charges & Fees |
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| Investment Choices |
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| Mobile App |
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| Website |
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| Ease of Use |
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| Education |
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When comparing online brokers, Trading 212 and eToro, it's important to note that eToro offers crypto trading, providing more investment options compared to Trading 212, which does not offer this service.
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0 of 5| Overall Rating | Trading 212 | eToro | |
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| Review | Trading 212 Review | eToro Review | |
| Winner | check_circle |
| Investments | Trading 212 | eToro | |
|---|---|---|---|
| ISA | Yes | Yes | |
| SIPP | |||
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | Yes | |
| Funds | |||
| ETFs | Yes | Yes | |
| Bonds - Corporate | |||
| Bonds - Government (Gilts) | |||
| Investment Trusts | Yes | ||
| Spread Betting | |||
| Crypto Trading | Yes | ||
| Advisor Services |
| Trading Fees | Trading 212 | eToro | |
|---|---|---|---|
| Minimum Deposit | £1 | $50 | |
| Share Trading: 0-9 Deals/ Month | £0 | £0 | |
| Share Trading: 10-19 Deals/ Month | £0 | £0 | |
| Share Trading: 20+ Deals/ Month | £0 | £0 | |
| 5 trades per year (£30k portfolio) | £0 | £0 | |
| 12 trades per year (£30k portfolio) | £0 | £0 | |
| 36 trades per year (£30k portfolio) | £0 | £0 | |
| 120 trades per year (£30k portfolio) | £0 | £0 | |
| 3 fund trades per year (£30k portfolio) | £0 | N/A | |
| Annual Custody Fee: £0 - £250,000 | £0 | £0 | |
| Annual Custody Fee: £250K-£500K | £0 | £0 | |
| Annual Custody Fee: £500,000 - £1m | £0 | £0 | |
| Annual Custody Fee: £1m and over | £0 | £0 | |
| Bonds - Corporate - Fee | N/A | N/A | |
| Bonds - Government (Gilts) - Fee | N/A | N/A | |
| ETFs - Fee | 0 | £0 | |
| Investment Trusts - Fee | 0 | N/A | |
| Telephone Dealing Fee | N/A | N/A |
| Broker Screenshots | Trading 212 | eToro | |
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| Platforms & Tools | Trading 212 | eToro | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 106 | 106 | |
| Charting - Drawing Tools | 27 | 56 | |
| Charting - Notes | Yes | Yes | |
| Charting - Display Corporate Events | |||
| Charting - Stock Overlays | Yes | ||
| Charting - Index Overlays | Yes |
| Research | Trading 212 | eToro | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | Yes | Yes | |
| Research - Funds | |||
| Fund Research - Research Reports | |||
| Research - ETFs | Yes | Yes | |
| Research - Bonds | |||
| Portfolio Allocation Breakdown | Yes | Yes |
| Education | Trading 212 | eToro | |
|---|---|---|---|
| Education (Share Trading) | Yes | Yes | |
| Education (Funds) | Yes | ||
| Education (Retirement) | |||
| Client Webinars | |||
| Client Webinars (Archived) |
| Overall Summary | Trading 212 | eToro | |
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| Review | Trading 212 Review | eToro Review | |
| Winner | check_circle |
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