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.
For investors in the UK seeking a platform with diverse investment options, eToro stands out compared to Webull. eToro provides a comprehensive array of choices, including share trading, cryptocurrency trading, ETFs, and CFD trading. In contrast, Webull offers only share trading, with neither cryptocurrency nor ETF trading available. This broader offering allows eToro users to diversify their portfolios more effectively, catering to those interested in both traditional and emerging markets.
When comparing the platforms' ratings and rankings, eToro outshines Webull with 4.5 stars out of five for investment choices from UK.StockBrokers.com, positioning it at 15th out of 18 brokerage firms. Meanwhile, Webull holds a lower rating of 3 stars and ranks 21st in the same list. Both platforms lack options such as spread betting, funds trading, bond trading, and advisory services, but eToro's superior rating suggests a better experience for investors looking for a wider selection of assets.
| 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 |
|
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Professional’s Gateway to the World’s Markets.
Low-cost US and UK shares.
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.
For UK users looking to trade on the go, both eToro and Webull offer convenient mobile apps for iPhone and Android devices. eToro's app is highly regarded, earning a perfect 5-star rating from UK.StockBrokers.com and securing the 5th spot among 18 brokers for mobile app performance. Meanwhile, Webull also provides a quality mobile experience, with a commendable 4.5-star rating and an 8th place ranking. Whether you're using an Apple or Android device, both platforms deliver functional trading tools, though eToro holds a slight edge in user ratings and rankings.
Dive deeper: Best Stock Trading Apps UK.
For beginners exploring online brokers for educational resources, eToro and Webull present distinct offerings in the UK market. Neither eToro nor Webull provides educational webinars or options to view them on demand, leaving live online lessons off the table. Both platforms cover share trading education, but eToro lacks resources on investment funds, whereas Webull includes this in their educational catalogue. Neither broker delves into retirement education specifically. According to UK.StockBrokers.com, eToro secures a rating of 4.5 stars for its beginner education, while Webull earns 3.5 stars. Among 18 brokers, eToro ranks at number 11, significantly ahead of Webull, which sits at 19th for newcomer learning materials.
| 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
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Webull
|
|---|---|---|
| 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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eToro offers cryptocurrency trading, while Webull does not, making eToro a favorable choice for investors interested in the crypto market.
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0 of 5| Overall Rating | eToro | Webull | |
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| 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) |
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| Mobile Trading Apps Gallery (click to expand) |
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| Education Gallery (click to expand) |
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| 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 | |
|---|---|---|---|
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| Review | eToro Review | Webull Review | |
| Winner | check_circle |
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