eToro vs Trading 212 comparison offers user-friendly proprietary trading platforms accessed from web-browsers with a free virtual account. Both platforms support a range of deposit and withdrawal methods.
Both trading platforms are well-known for their social and copy trading features that allow traders to interact with and replicate the trades of other traders. eToro also stands out for its academy and ability to mirror successful portfolios, which is a unique feature not available on Trading 212. Similarly, both platforms provide comprehensive research into shares and ETFs. However, eToro wins the tradable instruments category as they offer more than 7,000 tradable instruments, including cryptocurrencies.
eToro vs Trading 212 Comparison: Which Broker Suits You?
Moreover, eToro’s ethos is to be as cost-efficient as possible. This is reflected in their trading fees, which are among the lowest in the industry. There are no purchase commissions on any asset class, but CFD trading involves a spread fee and overnight fees (for CFD positions held open over the weekend).g
eToro also does not charge FX rates on any of their assets, which is a plus for UK investors, as they are charged a 0.50% Stamp Duty on all purchases of shares in listed companies. This is paid to the UK government, but eToro absorbs it for its clients. The broker also has a range of educational materials for its customers, which is more limited than what Trading 212 offers. However, a comprehensive financial calendar and a proprietary Market Sentiment tool that highlights buyer-seller dynamics is a welcome addition to their research tools.