Written by StockBrokers.com
In this head to head comparison of eToro vs Webull, 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, Webull 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 - eToro would cost £0 per year, while Webull would cost 0.025% of trade value per year.
12 trades per year - eToro would cost £0 per year, while Webull would cost 0.025% of trade value per year.
36 trades per year - eToro would cost £0 per year, while Webull would cost 0.025% of trade value per year.
120 trades per year - eToro would cost £0 per year, while Webull would cost 0.025% of trade value per year.
3 fund trades per year - eToro would cost $50 per year, while Webull would cost £0 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.
eToro and Webull both stand out as popular online brokers, yet they differ in the variety of investment options available to users in the UK. eToro shines with a broader range of investment choices, offering share trading, crypto trading, ETFs, and CFD trading. This diverse selection grants users more flexibility in building their portfolios. In contrast, Webull offers a more limited palette, focusing primarily on share trading without extending into crypto, ETFs, or CFDs. Both platforms, however, do not provide options for spread betting, corporate or government bonds, investment trusts, or funds trading. Additionally, neither offers advisor services.
The richer investment landscape offered by eToro has earned it a higher rating of 4.5 stars from UK.StockBrokers.com for its investment choices, whereas Webull receives 3 stars. This rating reflects their rankings as well, with eToro positioned at 15th out of 21 brokers in their investment choices category, while Webull is ranked 21st. For UK users looking for a wider array of trading options, eToro emerges as the more comprehensive choice between these two brokers.
| Feature |
eToro
|
Webull
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | No |
| ETFs | Yes | No |
| Funds | No | No |
| Bonds - Government (Gilts) | No | No |
| Investment Trusts | No | No |
| Spread Betting | No | No |
| Crypto Trading | Yes | No |
| Advisor Services | No | No |
| Investment Choices |
|
|
Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
When comparing the trading tools available on eToro and Webull, UK investors will notice differing strengths. eToro shines with a vast array of 56 drawing tools and an impressive 106 technical indicators for detailed chart analysis. It also allows traders to add notes, stock, and index overlays directly onto charts, providing a comprehensive analysis framework. However, eToro lacks the ability to display corporate events like earnings or dividends on its charts, which might require traders to look elsewhere for this information.
In contrast, Webull offers a more limited selection of 17 drawing tools and 12 technical indicators but makes up for this by enabling the display of corporate events directly on the charts, an attractive feature for those tracking financial milestones. Both platforms support browser-based trading, real-time market data, and stock alerts, ensuring quick response times to market movements. While both platforms offer useful tools, the choice may ultimately depend on whether the ability to see corporate events on charts outweighs the advanced charting tools provided by eToro.
| Feature |
eToro
|
Webull
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 106 | 12 |
| Charting - Drawing Tools | 56 | 17 |
| Charting - Notes | Yes | Yes |
| Charting - Display Corporate Events | No | Yes |
| Charting - Stock Overlays | Yes | Yes |
| Charting - Index Overlays | Yes | No |
When comparing eToro and Webull for online brokerage services, UK investors will find distinct differences in their offerings of retirement accounts. eToro provides Individual Savings Accounts (ISAs), making it appealing for those looking to invest in a tax-efficient manner. However, Webull does not offer ISAs, which could be a deciding factor for some UK investors. Both platforms lack Self-Invested Personal Pension (SIPP) accounts, meaning users seeking this retirement option will need to explore other providers. This comparison highlights eToro’s advantage in offering ISAs, while both lack SIPP options, allowing UK investors to effectively choose based on their retirement account preferences.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
When comparing the mobile app offerings of eToro and Webull, UK users will find that both platforms cater well to those on-the-go, as each provides apps for both iPhone and Android devices. According to UK.StockBrokers.com, eToro's mobile app edges out Webull with a perfect rating of 5 stars, compared to Webull's still impressive 4.5-star rating. In terms of mobile app rankings among 21 competing brokers, eToro stands at a strong 5th place, showcasing its user-friendly design and features, while Webull is not far behind, securing the 8th spot. For UK investors seeking a reliable mobile experience, both apps stand as solid options, with eToro slightly leading in user satisfaction and mobile functionality.
Dive deeper: Best Stock Trading Apps UK.
For UK beginners looking to dive into online investing, eToro and Webull provide distinct educational resources. Both platforms offer insights into share trading, but only Webull extends its educational material to cover funds. Neither eToro nor Webull provide live or archived webinars, potentially limiting interactive learning opportunities. According to UK.StockBrokers.com, eToro is a more favorable option with a 4.5-star rating for beginner education, outperforming Webull's 3.5 stars. Furthermore, eToro ranks 11th among 21 brokers for its educational offerings, while Webull lags at 19th, making eToro a stronger contender for those prioritizing educational support in their early investing journey.
| Feature |
eToro
|
Webull
|
|---|---|---|
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Education (Share Trading) | Yes | Yes |
| Education (Funds) | No | Yes |
| Education (Retirement) | No | No |
| Education |
|
|
Dive deeper: Best UK Trading Platforms for Beginners.
When comparing eToro and Webull for market research features, UK users might find eToro more appealing if they value a comprehensive view of their investments. Unlike Webull, eToro allows you to see your portfolio allocation by asset class, adding a layer of transparency. Both platforms offer shares research, catering to those keen on diving into equity markets. However, eToro extends its research support to ETFs and CFDs, which Webull does not. While neither platform provides research reports for funds or bonds, eToro’s broader research capabilities make it a contender for investors seeking diverse market insights.
| Feature |
eToro
|
Webull
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | Yes | No |
| Research - ETFs | Yes | No |
| Research - Bonds | No | No |
| Research - Funds | No | No |
| Fund Research - Research Reports | No | No |
| Portfolio Allocation Breakdown | Yes | No |
Which broker is better overall, eToro or Webull? 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
|
Webull
|
|---|---|---|
| Overall Rating |
|
|
| Charges & Fees |
|
|
| Investment Choices |
|
|
| Mobile App |
|
|
| Website |
|
|
| Ease of Use |
|
|
| Education |
|
|
eToro offers cryptocurrency trading, while Webull does not, making eToro a favorable choice for investors interested in the crypto market.
Select Brokers
↓×Compare
0 of 5| Overall Rating | eToro | Webull | |
|---|---|---|---|
| Overall Rating |
|
| |
| Charges & Fees |
|
| |
| Investment Choices |
|
| |
| Mobile App |
|
| |
| Website |
|
| |
| Ease of Use |
|
| |
| Education |
|
| |
| Review | eToro Review | Webull Review | |
| Winner | check_circle |
| Investments | eToro | Webull | |
|---|---|---|---|
| ISA | Yes | No | |
| SIPP | No | No | |
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | No | |
| Funds | No | No | |
| ETFs | Yes | No | |
| Bonds - Corporate | No | No | |
| Bonds - Government (Gilts) | No | No | |
| Investment Trusts | No | No | |
| Spread Betting | No | No | |
| Crypto Trading | Yes | No | |
| Advisor Services | No | No |
| Trading Fees | eToro | Webull | |
|---|---|---|---|
| Minimum Deposit | $50 | £0 | |
| Share Trading: 0-9 Deals/ Month | £0 | 0.025% | |
| Share Trading: 10-19 Deals/ Month | £0 | 0.025% | |
| Share Trading: 20+ Deals/ Month | £0 | 0.025% | |
| 5 trades per year (£30k portfolio) | £0 | 0.025% of trade value | |
| 12 trades per year (£30k portfolio) | £0 | 0.025% of trade value | |
| 36 trades per year (£30k portfolio) | £0 | 0.025% of trade value | |
| 120 trades per year (£30k portfolio) | £0 | 0.025% of trade value | |
| 3 fund trades per year (£30k portfolio) | N/A | 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 | N/A | |
| Investment Trusts - Fee | N/A | N/A | |
| Telephone Dealing Fee | N/A | N/A |
| Broker Screenshots | eToro | Webull | |
|---|---|---|---|
| Website Gallery (click to expand) |
| ||
| Mobile Trading Apps Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Platforms & Tools | eToro | Webull | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 106 | 12 | |
| Charting - Drawing Tools | 56 | 17 | |
| Charting - Notes | Yes | Yes | |
| Charting - Display Corporate Events | No | Yes | |
| Charting - Stock Overlays | Yes | Yes | |
| Charting - Index Overlays | Yes | No |
| Research | eToro | Webull | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | Yes | No | |
| Research - Funds | No | No | |
| Fund Research - Research Reports | No | No | |
| Research - ETFs | Yes | No | |
| Research - Bonds | No | No | |
| Portfolio Allocation Breakdown | Yes | No |
| Education | eToro | Webull | |
|---|---|---|---|
| Education (Share Trading) | Yes | Yes | |
| Education (Funds) | No | Yes | |
| Education (Retirement) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No |
| Overall Summary | eToro | Webull | |
|---|---|---|---|
| Overall Rating |
|
| |
| Charges & Fees |
|
| |
| Investment Choices |
|
| |
| Mobile App |
|
| |
| Website |
|
| |
| Ease of Use |
|
| |
| Education |
|
| |
| Review | eToro Review | Webull Review | |
| Winner | check_circle |
Trading 212 Review
Interactive Brokers Review
Hargreaves Lansdown Review
XTB Review
IG Group Review
eToro Review
Saxo Review
CMC Invest Review
Freetrade Review
Halifax Review
Vanguard Review