Comparison eToro vs Robinhood

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares eToro vs Robinhood. Is eToro or Robinhood a better online broker?

First of all, we’ll compare the commission fees of the two brokers. The commission fee of eToro on regular transactions of the stock exchange is 0.09% spread per side, and Robinhood has a commission fee of commission-free. You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading are provided to customers by eToro and Stocks Trading, Options Trading, ETFs Trading, Crypto Trading are provided by Robinhood. As for platforms, eToro offers Web Platform, Android App, iOS App, while Robinhood offers Web Platform, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. eToro was founded in 2007 in Cyprus, and it is regulated by CySEC, FCA, ASIC. And Robinhood was founded in 2013 in USA, and it is regulated by SEC, FINRA. We can withdraw funds from eToro with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $25. And Robinhood provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is free. The time for withdrawal in eToro is within 1 business day, and that one in Robinhood is 5 days trading holding period for uninvested funds.

Overall, eToro boasts 4.5 stars versus Robinhood 3.4 stars.