Comparison eToro vs Trading 212
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare eToro vs Trading 212. Which of them: eToro or Trading 212 a better online broker?
First of all, we’ll compare the commission fees of the two brokers. eToro has a commission fee of 0.09% spread per side, and Trading 212 has a commission fee of 0. Now, let’s compare commission fees in Forex, the commission fee of eToro is from 3 pips, and the commission fee of Trading 212 is 0.8 average spread for EUR/USD. When analyzing commission fees in CFD: eToro provides from 0.09%, and Trading 212 provides fees built into spreads. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are eToro provides customers with Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading, and Trading 212 provides customers with Stocks Trading, ETFs Trading, Forex Trading. Concerning the platforms, eToro uses Web Platform, Android App, iOS App, while Trading 212 uses 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 established in 2007 in Cyprus, and it is regulated by CySEC, FCA, ASIC. And Trading 212 was established in 2004 in Bulgaria, and it is regulated by FCA, FSC. Withdrawal of funds from eToro can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $25. And Trading 212 provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of 0. The time for withdrawal in eToro is within 1 business day, and that one in Trading 212 is 0-5 days.
Overall, eToro boasts 4.4 stars versus Trading 212 4.3 stars.