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 are popular online brokers, each offering different investment choices for UK investors. eToro allows investors to trade shares, cryptocurrencies, ETFs, and CFDs, providing a broad range of options for diversifying portfolios. However, eToro does not offer trading in government or corporate bonds, funds, investment trusts, or advisory services. Meanwhile, users of Webull can trade shares, but details regarding its offerings in cryptocurrencies, ETFs, CFDs, bonds, funds, and advisor services are not specified. This may limit the breadth of investment opportunities for those interested in these areas.
In terms of rankings and reviews, eToro has received a solid rating of 4.5 stars from UK.StockBrokers.com for its investment choices, placing it 15th out of 21 brokers. Webull, on the other hand, holds a 3-star rating and ranks 21st in the same category. For UK investors seeking a more extensive selection of trading options, eToro may provide a more suitable platform. However, it's essential to evaluate each platform thoroughly to determine the best fit for specific investment strategies and preferences.
| Feature |
eToro
|
Webull
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|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | |
| ETFs | Yes | |
| Funds | ||
| Bonds - Government (Gilts) | ||
| Investment Trusts | ||
| 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 the trading tools of eToro and Webull, each platform presents unique advantages for UK investors. eToro impresses with an expansive selection of 56 drawing tools and 106 technical indicators, offering an intricate and customizable charting experience. While eToro doesn’t display corporate events like earnings, splits, and dividends directly on charts, it provides the ability to add notes, index overlays, and stock overlays, enhancing your analytical capabilities. In addition to offering a browser-based trading platform, eToro includes stock price alerts and real-time market data to keep traders informed and responsive to market changes.
Webull, on the other hand, integrates corporate events directly on charts, providing immediate insights into significant happenings affecting stocks. Its charting tools, while more limited than eToro's, include 17 drawing tools and 12 technical indicators, which cater to those seeking streamlined and accessible charting. Webull also supports adding notes and stock overlays on charts, along with stock price alerts and real-time market data. With its browser-based platform, Webull offers an efficient and straightforward trading environment for those prioritizing ease of use and the incorporation of corporate events into their trading analysis.
| Feature |
eToro
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Webull
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|---|---|---|
| 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 | Yes | |
| Charting - Stock Overlays | Yes | Yes |
| Charting - Index Overlays | Yes |
When comparing online brokers eToro and Webull for UK investors, it's essential to understand their offerings in retirement accounts. eToro provides Individual Savings Accounts (ISAs), allowing UK users to save and invest with certain tax advantages. However, Webull does not offer ISA accounts for UK investors. As for Self-Invested Personal Pension (SIPP) accounts, neither eToro nor Webull currently provide these, which may influence investors looking to manage their retirement savings. Therefore, if having an ISA is crucial, eToro might be the more suitable option among the two for UK traders.
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.
When comparing educational resources for beginner investors between eToro and Webull, several differences emerge. Both platforms offer valuable insights into share trading, but only Webull provides education on investment funds. Neither eToro nor Webull offer comprehensive resources in the area of retirement planning. While neither platform offers live educational webinars or on-demand archives, UK investors might find eToro to be a more appealing option, as it receives a higher beginner education rating of 4.5 stars from UK.StockBrokers.com, compared to Webull's 3.5 stars. This superior rating helps eToro secure a spot as the 11th ranked broker out of 21 for educational offerings, whereas Webull lags behind in 19th position, making eToro a more attractive choice for novice investors seeking educational support.
| Feature |
eToro
|
Webull
|
|---|---|---|
| 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 the market research features of online brokers eToro and Webull for UK investors, eToro stands out with its comprehensive offerings. While both platforms provide shares research, eToro goes a step further by also offering insights into ETFs and CFDs, features that are absent from Webull's research capabilities. eToro also lets users view portfolio allocation by asset class, which is beneficial for assessing and managing investments strategically. In contrast, Webull lacks the option to view portfolio allocation and does not offer research on ETFs, CFDs, or bonds. Neither platform provides research reports for funds or bonds, leaving a gap for those interested in those specific investment vehicles. Overall, for UK investors prioritizing detailed market research and portfolio management, eToro offers more extensive resources than Webull.
| Feature |
eToro
|
Webull
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | Yes | |
| Research - ETFs | Yes | |
| Research - Bonds | ||
| Research - Funds | ||
| Fund Research - Research Reports | ||
| Portfolio Allocation Breakdown | Yes |
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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| 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 and Webull both offer online trading services, but while eToro provides access to crypto trading, Webull also supports cryptocurrency transactions, making both platforms suitable for investors looking to trade digital currencies.
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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 | ||
| SIPP | |||
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | ||
| Funds | |||
| ETFs | Yes | ||
| Bonds - Corporate | |||
| Bonds - Government (Gilts) | |||
| Investment Trusts | |||
| Spread Betting | |||
| Crypto Trading | Yes | ||
| Advisor Services |
| 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 | Yes | ||
| Charting - Stock Overlays | Yes | Yes | |
| Charting - Index Overlays | Yes |
| Research | eToro | Webull | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | Yes | ||
| Research - Funds | |||
| Fund Research - Research Reports | |||
| Research - ETFs | Yes | ||
| Research - Bonds | |||
| Portfolio Allocation Breakdown | Yes |
| Education | eToro | Webull | |
|---|---|---|---|
| Education (Share Trading) | Yes | Yes | |
| Education (Funds) | Yes | ||
| Education (Retirement) | |||
| Client Webinars | |||
| Client Webinars (Archived) |
| Overall Summary | eToro | Webull | |
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| Review | eToro Review | Webull Review | |
| Winner | check_circle |
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