Interactive Brokers vs eToro

Interactive Brokers is a good discount broker for experienced, high volume traders. . How does it compare to eToro? Read our comparison chart below.

Interactive Brokers offers trades starting at just 0.5 cents per share. It also offers a tiered pricing plan that awards high volume traders with even lower rates. There is a $10,000 opening account minimum ($3,000 for clients 25 and younger). There is a monthly activity fee unless required commission minimums are met.

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

	Interactive Brokers	eToro
	SPECIAL OFFER Referral Program - $200 Bonus - Learn More Read Interactive Brokers Review	OFFER Get $100,000 Virtual Portfolio to Experiment - Learn More Read eToro Review
	Benefits and Features
Stock Trading	IBKR Lite: $0 per share (min $0 per order) IBKR Pro - Fixed: $0.0005 per share (min $1.00 per order, max 1.0% of trade value) IBKR Pro - Tiered: Starts at $0.0035 per share for less than 300,000 shares (min $0.35 per order, max 1% of trade value)	$0; 3,000+ stocks & ETFs
Options Trading	$0.15-$0.65 per contract ($1 minimum per order)	$0
Annual Fee	None	None
Cryptocurrency Trading	0.12% to 0.18% of trade value ($1.75 minimum per order)
Minimum Deposit	$0	$100 ($200 to start copy trading)
Mutual Fund Trading	$0 for no-transaction-fee funds. For transaction-fee funds, 3% trade value OR $14.95, per transaction, whichever is less	No
Commission Free ETFs	150+	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	$30	Not available
Good For		Position traders
Inactivity Fee	$0	$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	No	No
Mobile App	Yes	Yes
Desktop App	Yes
Two-Factor Authentication		SMS or phone call
Forex Trading	Available for qualified customers
Futures Trading	Yes
Customer Service	United States: Monday-Friday 8am - 10pm ET; Sunday 1pm - 7pm ET (24/7 Weekday service available in other countries)
Locations	No	No
Online Community	Yes	Yes
Seminars	Yes	Yes (eToro Academy)
Trading Platform	Desktop, Web Trading, Mobile Apps
Virtual Trading	Yes	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: Large number of investments, including options, futures, and forex Customize trading platform Tools and opportunities for research Cons: Platform can be too much for a beginner to understand Complicated pricing structure	Pros: Copy actions of top traders Virtual practice account Cons: Slow customer service response time
Bottom Line	Good discount broker for experienced, high volume traders... Read full review	Good crypto exchange for learning, socializing and copy-trading... Read full review
	Referral Program - $200 Bonus	Get $100,000 Virtual Portfolio to Experiment Trade Popular Cryptocurrencies Copy Top Traders on eToro with CopyTrader™
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Interactive Brokers: Pricing information from published websites as of 10/17/2023. 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.

Which is Better: Interactive Brokers or eToro?

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

In short: Interactive Brokers' mobile app is outstanding. eToro's research is impressive.

Articles on Interactive Brokers

Interactive Brokers

Interactive Brokers offers a robust trading platform that experienced traders favor due to its competitive fee structure and extensive range of trading options.

• Interactive Brokers vs Robinhood

Articles on eToro

eToro

eToro is a stock and crypto exchange known for its CopyTrading feature. Find out if it's worth the fees and how it compares to other platforms.

• eToro vs Webull

eToro vs Interactive Brokers

eToro and Interactive Brokers (IBKR) are two popular platforms where you can invest your money. But which of the two is the right one for you?

Buy Bitcoin on eToro

Want to buy Bitcoin on eToro? Read this easy-to-follow guide to get started.

eToro Alternatives

eToro is a popular cryptocurrency trading app known for its CopyTrading feature. But it isn't right for everyone. Find your best eToro alternative here.

Which Do You Think is Best?

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