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, eToro offers better pricing than Webull 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.
When comparing online brokers eToro and Webull, eToro stands out with a broader array of investment choices. Both platforms offer share trading, but eToro goes further by providing opportunities for cryptocurrency trading and ETF trading, which are not available on Webull. Additionally, eToro offers CFD trading—a feature absent from Webull's offerings. Neither platform supports spread betting, trading of funds, corporate bonds, government bonds, or investment trusts, and both do not offer advisor services.
In terms of ratings, eToro receives a commendable rating of 4.5 stars from UK.StockBrokers.com for its investment choices, underscoring its diverse offerings. This puts eToro at the 9th spot out of 18 brokers in their rankings. In contrast, Webull garners a 3-star rating and lacks a specific ranking, suggesting a more limited range of investment options for potential investors. For those looking for a versatile trading platform, eToro might be the better choice with its wider scope of investment possibilities.
| 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 it comes to trading tools, eToro and Webull each offer unique features that cater to different needs. eToro stands out with its extensive selection of 56 drawing tools and 106 technical indicators, providing in-depth chart analysis options. Traders can also add notes to charts, overlay indexes, and display stock overlays, along with leveraging eToro's browser-based trading platform and real-time market data. However, it lacks the ability to display corporate events on charts, a feature some traders might find useful.
Webull, on the other hand, allows users to display corporate events like earnings, splits, and dividends directly on charts, offering valuable insights into market events. While it provides a more limited selection of 17 drawing tools and 12 technical indicators compared to eToro, it maintains key functionalities such as the ability to add notes and stock overlays on charts. Webull also includes a browser-based trading platform and supports real-time market data and stock price alerts, though it does not support index overlays. Overall, both platforms offer robust tools, yet their offerings are tailored to differing aspects of trading analysis.
| 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 choosing between online brokers eToro and Webull, consider their offerings for retirement accounts. eToro provides ISA accounts, allowing users to benefit from tax advantages in certain regions, which could be an attractive option for those looking to save on taxes. However, eToro does not offer SIPP accounts, leaving some long-term retirement savers to seek alternatives. On the other hand, Webull does not currently offer ISAs or SIPPs, so if these specific retirement accounts are a priority, eToro might better meet your needs. Overall, eToro's available retirement account options might appeal more to individuals looking for tax-efficient savings, while Webull may suit those who prioritize other brokerage features.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Both eToro and Webull provide mobile applications for iPhone and Android users, making it easy for traders to stay connected on the go. In a comparison by UK.StockBrokers.com, eToro shines with a perfect 5-star rating, earning it the 5th spot out of 18 brokers for mobile apps. Although Webull is not ranked among these 18 brokers, it still garners an impressive 4.5-star rating. eToro's app stands out for its exceptional features and user experience, while Webull offers competitive functionality, ensuring that both platforms offer robust solutions for mobile trading enthusiasts.
Dive deeper: Best Stock Trading Apps UK.
When it comes to beginner investor educational resources, both eToro and Webull provide solid options, but there are noteworthy differences. Neither platform offers educational webinars, live or archived, for clients. In terms of educational content, both eToro and Webull provide resources on share trading. However, Webull takes an extra step by including educational materials on funds, whereas eToro does not cover this topic. Neither platform offers content specifically focused on retirement. According to UK.StockBrokers.com, eToro stands out with a 4.5-star rating for beginner education, ranking it 10th out of 18 brokers, while Webull holds a 3.5-star rating, but its specific ranking among peers is not available. Overall, eToro appears to offer a slightly more favorable educational experience for beginners compared to Webull.
| 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 |
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Dive deeper: Best UK Trading Platforms for Beginners.
When comparing eToro and Webull for market research features, both platforms show some similarities and differences. Neither eToro nor Webull provide research reports for funds or bonds, but while eToro excels with comprehensive shares, ETFs, and CFDs research, Webull only offers shares research. For investors interested in understanding their investments by asset class, eToro stands out by offering tools to view portfolio allocation by asset class, a feature that Webull lacks. This makes eToro a more rounded choice for users seeking diverse research tools and insights into asset allocation.
| 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
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| Overall Rating |
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| Mobile App |
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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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