eToro vs Robinhood
eToro is a good crypto exchange for learning, socializing and copy-trading. How does it compare to Robinhood? Read our comparison chart below.
eToro is a social crypto trading platform known for its popular CopyTrading feature. They support a fair range of cryptocurrencies with staking rewards on a few coins. Their fees are moderate compared to other exchanges.
While Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $5/month.
Compare eToro with Robinhood, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Visit Site | |
eToro | Robinhood | |
---|---|---|
Deposit $100 and Get $10 from eToro USA LLC - | Get a Free Stock (worth between $5 and $200) - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading | ||
Annual Fee | ||
Cryptocurrency Trading | ||
Minimum Deposit | $100 ($200 to start copy trading) | |
Mutual Fund Trading | ||
Commission Free ETFs | All U.S. listed ETFs | |
Phone Support | ||
Live Chat Support | Online 24 hours, Monday to Friday | Available 24/7 (requires sign in) |
Email Support | ||
Human Advisors | ||
Robo Advisor | ||
Assets Under Management | $7.5 Billion (as of 09/30/2023) | |
Cryptocurrencies Supported | AAVE, AVAX, BTC, BCH, LINK, COMP, DOGE, ETH, ETC, LTC, SHIB, XLM, XTZ, UNI, USDC | |
Penny Stocks | ||
Fiat Currencies Supported | USD, EUR, GBP, AUD, RMB, THB, IDR, MYR, VND, PHP, SEK, DKK, NOK, PLN, CZK, PEN, MXN, QAR, BHD, OMR, AED, SGD. Not available for US customers. | |
Digital Wallet | ||
Tax Loss Harvesting | ||
Transaction Fee | 1% fee for buying or selling crypto. 0% commission for buying or selling stocks and ETFs. | |
Copy Trading | ||
Limit Orders | ||
Margin Trading | Yes. Not available for US customers. | Margin rates will vary based on a customer's margin balance, ranging from 5.7% to 6.75%. |
Goal Tracker | ||
Automatic Deposits | ||
Crypto Loans | ||
Broker Assisted Trades | ||
Good For | ||
Inactivity Fee | ||
Maintenance Fee | ||
Online Platform | ||
iPhone App | ||
Android App | ||
Bank Account Purchase Fee | ||
Debit Card Purchase Fee | ||
Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
Mobile App | ||
ACH Transfer Fee | ||
Desktop App | ||
Wire Transfer Fee | ||
Crypto Conversion Fee | ||
Anonymity | ||
Biometric Login | ||
Cold Storage | ||
Two-Factor Authentication | Device approvals, Authenticator app, SMS | |
Withdrawal Limit | ||
Forex Trading | ||
Futures Trading | ||
Bond Trading | ||
CFD Trading | ||
Currency Trading | ||
Customer Service | Live Chat (24 hours via Robinhood app) Phone: 650-761-7789 (available 24/7) Email: support@robinhood.com | |
Locations | ||
Online Community | ||
Seminars | ||
Trading Platform | ||
Virtual Trading | Yes (eToro virtual account with $100,000 virtual funds) | |
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
Cryptocurrency Trading | ||
Mobile App | ||
Commissions and Fees | ||
Ease of Use | ||
Research | ||
Safety | ||
Stock Trading | ||
Options Trading | ||
Minimum Deposit | ||
Customer Service | ||
Pros & Cons | Pros:
| Pros:
|
Bottom Line | Good crypto exchange for learning, socializing and copy-trading... | Free way to trade stocks with limited bells and whistles... |
Visit Site | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. eToro: Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. CreditDonkey Inc may be compensated if you access certain products or services offered by the MSB and/or the BD. Robinhood: Pricing information from published websites as of 08/13/2024. eToro: eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. |
Deposit $100 and Get $10 from eToro USA LLC
- Sign up for an eToro account
- Deposit $100
Buy $100 in Crypto and Get $10 Bonus from eToro USA LLC
- Sign up for an eToro account
- Deposit funds
- Invest in $100 worth of crypto
You'll automatically receive $10 directly to your account balance. Offer only applies to US customers. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.
Get $100,000 Virtual Portfolio to Experiment
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Buy and Sell Cryptocurrency
Robinhood Crypto offers commission-free cryptocurrency investments 24/7. Some of the cryptocurrencies available are Bitcoin, Dogecoin, Ethereum, and Litecoin. This offer is currently available to selected states.
Which is Better: eToro or Robinhood?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing eToro or Webull.
In short: eToro's research is impressive. Robinhood's commissions and fees and ease of use are impressive.