Charles Schwab vs eToro

Charles Schwab is a good choice for beginning and advanced investors looking to invest in ETFs and mutual funds or investors that require extensive research. How does it compare to eToro? Read our comparison chart below.

Charles Schwab offers stock and ETF trades at $0 commission and options trading at $0 commission + $0.65 per contract. There is no minimum deposit, no maintenance fee, and no inactivity fee.

While eToro is a social crypto trading platform known for its popular CopyTrading feature. They support a fair range of cryptocurrencies. Their fees are moderate compared to other exchanges.

Compare Charles Schwab with eToro, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Charles Schwab	eToro
		eToro USA LLC and eToro USA Securities Inc.
	Learn More	Visit Site
	SPECIAL OFFER $0 Commissions on Online Stock, ETF, and Options Trades - Learn More Read Charles Schwab Review	OFFER Buy $100 in Crypto and Get $10 Bonus from eToro USA LLC - Learn More Read eToro Review
	Benefits and Features
Stock Trading	$0 commission on U.S. stocks and ETFs	$0; 3,000+ stocks & ETFs
Options Trading	$0 + $0.65 per contract	$0
Annual Fee	None	None
Cryptocurrency Trading	No
Minimum Deposit	$0	$100 ($200 to start copy trading)
Mutual Fund Trading	$0 for funds from Schwab Mutual Fund OneSource and up to $74.95 per purchase for all other funds	No
Commission Free ETFs	2,000+ across asset classes and fund companies, $0 commission through Schwab ETF OneSource™.	Over 300 ETFs
Phone Support		None
Live Chat Support		Online 24 hours, Monday to Friday
Email Support		Yes
Human Advisors		No
Robo Advisor		No
Assets Under Management		$7.5 Billion (as of 09/30/2023)
Tax Loss Harvesting		No
Goal Tracker		Yes
Automatic Deposits		Yes
Broker Assisted Trades	$25.00 service charge	Not available
Good For		Position traders
Inactivity Fee	None	$10/month
Maintenance Fee	$0	$0
Online Platform		Yes
iPhone App		Yes (4.3 stars, 2.3K ratings)
Android App		Yes (4.0 stars, 133k ratings)
Banking	Yes	No
Mobile App	Yes	Yes
Desktop App	Yes
Two-Factor Authentication		SMS or phone call
Futures Trading	$2.25 per contract
Customer Service	24/7
Locations	300 locations	No
Online Community	Yes	Yes
Seminars	Yes	Yes (eToro Academy)
Trading Platform	Desktop, Web Trading, Mobile Apps
Virtual Trading	Yes (thinkorswim platforms)	Yes (eToro virtual account with $100,000 virtual funds)
Fractional Shares		Yes
Taxable Accounts		Yes
401k Plans		No
IRA Accounts		No
Roth IRA Accounts		No
SEP IRA Accounts		No
Trust Accounts		No
529 Plans		No
	CreditDonkey® Reviews

Stock Trading
Options Trading
Mutual Fund Trading
Online Platform
Banking
Mobile App
Commissions and Fees
Ease of Use
Research
Cryptocurrency Trading
Safety
Pros & Cons	Pros: Vast selection of commission-free ETFs and mutual funds 2 platforms (one for beginners and one for advanced traders) 24/7 customer service including online chat Cons: Commission costs on mutual funds outside of the commission-free funds Robo-advisor option requires a minimum investment of $5,000	Pros: Copy actions of top traders Virtual practice account Cons: Slow customer service response time
Bottom Line	Good choice for beginning and advanced investors looking to invest in ETFs and mutual funds or investors that require extensive research... Read full review	Good crypto exchange for learning, socializing and copy-trading... Read full review
	Learn More	Visit Site
	$0 Commissions on Online Stock, ETF, and Options Trades 500 Commission-Free Online and Options Trades Schwab's Referral Offer - Up to $1,000 Bonus	Buy $100 in Crypto and Get $10 Bonus from eToro USA LLC Get $100,000 Virtual Portfolio to Experiment Trade Popular Cryptocurrencies
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Charles Schwab: Pricing information from published websites as of 01/22/2025. 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. eToro: eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results. Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro USA LLC and eToro USA Securities Inc.

Buy $100 in Crypto and Get $10 Bonus from eToro USA LLC

For a limited time, you can get $10 when you invest in $100 worth of crypto on eToro. Here's how:

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.

Buy $100 in Crypto and Get $10 Bonus

eToro USA LLC and eToro USA Securities Inc.

Get $100,000 Virtual Portfolio to Experiment

Get $100,000 Virtual Portfolio

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

eToro USA LLC and eToro USA Securities Inc.

Trade Popular Cryptocurrencies

Cryptocurrency is 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.

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

Start Trading

Which is Better: Charles Schwab or eToro?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Charles Schwab or Robinhood.

In short: eToro's commissions and fees is worth mentioning.

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