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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 with staking rewards on a few coins. 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.

 eToro
 Learn MoreVisit Site
 

Interactive Brokers

eToro

Earn $200 with Referrals - Learn More

Read Interactive Brokers Review

OFFER
Deposit $100 and Get $10 from eToro USA LLC - Learn More

Read eToro Review

 

Benefits and Features

Stock TradingFixed pricing: $0.0005 - $0.0035 per share (min $0.35 per order, max 1.0% of trade value). Tiered pricing: Starts at $0.0035 per share for less than 300,000 shares (min $0.35 per order, max 1% of trade value)
$0; 2000+ stocks & ETFs
Options Trading$.15-$.70 per contract ($1 minimum per order) 
Minimum Deposit$10,000 for individual accounts; $5,000 for IRAs; $3,000 for clients 25 and under$10 ($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, for transaction-fee funds 
Commission Free ETFs
48
 
Broker Assisted Trades
$30
 
Customer ServiceUnited States: Monday-Friday 8am - 10pm ET; Sunday 1pm - 7pm ET (24/7 Weekday service available in other countries) 
Inactivity Fee$10/month for accounts under $100,000; $20/month for accounts under $2,000; $3/month for clients 25 and younger 
Maintenance FeeWaived if account value is at least $100,000 OR if monthly commission requirements are met. If not met, the activity fee is the difference. For accounts less than $100,000: the commission requirement is $10/month. For accounts less than $2,000: the commission requirement is $20/month. For clients 25 and younger: the commission requirement is $3/month. 
Banking
No
 
Mobile App
Yes
Yes
Desktop App
Yes
 
Two-Factor Authentication 
SMS
Forex TradingAvailable for qualified customers 
Futures Trading
Yes
 
Locations
No
 
Online Community
Yes
 
Seminars
Yes
 
Virtual Trading
Yes
 
 

CreditDonkey® Reviews

 eToro
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarStar
Mutual Fund TradingStarStarStarStarEmpty Star
Online PlatformStarStarStarStarStar
BankingStarStarStarStarEmpty Star
Mobile AppStarStarStarStarStarStarStarStarHalf StarEmpty Star
Commissions and FeesStarStarStarHalf StarEmpty StarStarStarStarStarEmpty Star
Ease of UseStarStarStarEmpty StarEmpty StarStarStarStarHalf StarEmpty Star
ResearchStarStarStarStarEmpty StarStarStarStarStarStar
Cryptocurrency TradingStarStarStarHalf StarEmpty Star
SafetyStarStarStarStarEmpty Star
Pros & ConsPros:
  • Large number of investments, including options, futures, and forex
  • Customize trading platform
  • Tools and opportunities for research
Cons:
  • $10,000 minimum to open an account.
  • Platform can be too much for a beginner to understand
  • Inactivity fees if you don't meet the trade commission requirements.
Pros:
  • Copy actions of top traders
  • Virtual practice account
Cons:
  • Slow customer service response time
Bottom LineGood discount broker for experienced, high volume traders... Read full reviewGood crypto exchange for learning, socializing and copy-trading... Read full review
 Learn MoreVisit Site

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 09/15/2019.

eToro: eToro USA LLC; eToro is a multi-asset investment platform. The value of your investments may go up or down. Virtual currencies are highly volatile. Your capital is at risk.

eToro: eToro is a multi-asset investment platform. The value of your investments may go up or down. Virtual currencies are highly volatile. Your capital is at risk. Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal. eToro USA LLC does not offer CFDs and neither does it represent or assume any responsibility for the accuracy or completeness of the content of this publication, prepared by the Affiliate, as a partner, using information available and public and not specific to the eToro entity.

eToro
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. Virtual currencies are highly volatile. Your capital is at risk.

Deposit $100 and Get $10 from eToro USA LLC

Expires 12/31/2023
For a limited time, you can get $10 when you deposit $100 in your eToro account. Here's how:
  1. Sign up for an eToro account
  2. Deposit $100
You'll automatically receive $10 directly to your account balance. Offer only applies to US customers. eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.
eToro
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. Virtual currencies are highly volatile. Your capital is at risk.

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:
  1. Sign up for an eToro account
  2. Deposit funds
  3. Invest in $100 worth of crypto
You'll automatically receive $10 directly to your account balance. Offer only applies to US customers. eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.
eToro
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. Virtual currencies are highly volatile. Your capital is at risk.

Get $100,000 Virtual Portfolio to Experiment

eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.

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 Goldco.

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


Articles on Interactive Brokers

Interactive Brokers

Do you have $10,000 and plenty of trading knowledge? Interactive Brokers may provide you with a solid trading platform. With their competitive fees and robust trading options, they are a common choice for the experienced trader.

Articles on eToro

eToro

eToro is a cryptocurrency trading platform known for its popular CopyTrading feature. Find out if it's worth the fees and how it compares to other platforms.

How To Delete an eToro Account

Want to close your eToro account? How can you do it? What does it cost? Follow this step-by-step guide to delete your eToro account.

Best eToro Traders

You can copy experienced traders on eToro. But there are so many to choose from. Who are the best eToro traders to follow? Read the full review.

eToro Withdraw Guide

Trading on eToro, but not sure how to make withdrawals? Are there fees or restrictions? Read this eToro withdrawal guide to answer your questions.

How to Sell Crypto on eToro

eToro is a popular platform for trading stocks, ETFs, and cryptocurrency. But how do you sell on eToro? Find out all you need to know in this breakdown.

How eToro Copy Works

You've probably heard of eToro's popular CopyTrader feature. But how does copying work on eToro? Read on to find out.

How eToro Makes Money

eToro is a popular mainstream platform for trading stocks, crypto, and more. But how does eToro make money? Keep reading to find out.

Buy Dogecoin with eToro

eToro is a mainstream platform for trading crypto and stocks. But how exactly do you buy Dogecoin with eToro? Keep reading to find out all you need to know.

Buy Bitcoin on eToro

eToro is a popular platform for trading stocks and crypto. But how exactly do you buy Bitcoin with eToro? Read on to learn all you need to know.

Is eToro Legit

eToro is a popular platform for trading stocks and cryptocurrency, known for its unique CopyTrading feature. But is it safe and legit? Read on to find out.

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.

Is eToro Good for Beginners

eToro, a popular cryptocurrency trading platform, lets you mimic other traders with their CopyTrading feature. But is it good for beginners?

Which Do You Think is Best?





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About CreditDonkey
CreditDonkey is a personal finance comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

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