WealthSimple vs eToro

WealthSimple is a good robo-advisor with socially responsible and Halal investment options, though fees are high. How does it compare to eToro? Read our comparison chart below.

WealthSimple offers auto-investing with support from real advisors, including a free portfolio review of all your finances. However, fees are higher at 0.5% for accounts $100k and less (and 0.4% for accounts over $100k). It also stands out by offering socially responsible and Halal investment options. There is no minimum to open an account.

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

	WealthSimple	eToro


		OFFER Deposit $100 and Get $10 - Learn More Read eToro Review
	Benefits and Features
Stock Trading		$0; 2000+ stocks & ETFs
Annual Fee	0.5% for accounts up to $100k; 0.4% for accounts over $100k
Minimum Deposit	$0	$10 ($200 to start copy trading)
Phone Support	Yes - M-Th 9a-8p ET; Fri 9a-5:30p ET
Live Chat Support	No
Email Support	Yes
Human Advisors	Yes
Robo Advisor
Assets Under Management	$2 Billion
Tax Loss Harvesting	Available for accounts over $100,000
Goal Tracker	No
Automatic Deposits	Yes
Online Platform	Yes
iPhone App	Yes
Android App	Yes
Mobile App		Yes
Two-Factor Authentication		SMS
Stake Crypto		ADA, TRX, ETH
Fractional Shares	Yes
Taxable Accounts	Yes
401k Plans	No
IRA Accounts	Yes
Roth IRA Accounts	Yes
SEP IRA Accounts	Yes
Trust Accounts	Yes
529 Plans	No
	CreditDonkey® Reviews

Annual Fee
Minimum Deposit
Human Advisors
Customer Service
Social Responsibility
Cryptocurrency Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Safety
Pros & Cons	Pros: Human advisors No minimum investment Socially responsible and Halal investment options Cons: Higher fees than competitors No personal finance tools Tax loss harvesting only to high balance accounts	Pros: Copy actions of top traders Virtual practice account Cons: Slow customer service response time
Bottom Line	Good robo-advisor with socially responsible and Halal investment options, though fees are high... Read full review	Good crypto exchange for learning, socializing and copy-trading... Read full review

		Deposit $100 and Get $10 Buy $100 in Crypto and Get $10 Bonus Invest $500 in Crypto Smart Portfolio and Get $50 Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. eToro: eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk. eToro: eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.

Deposit $100 and Get $10

Expires 12/31/2023

For a limited time, you can get $10 when you deposit $100 in your eToro account. Here's how:

Sign up for an eToro account
Deposit $100
Explore stocks, ETFs, and crypto

You'll automatically receive $10 directly to your account balance. eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.

Buy $100 in Crypto and Get $10 Bonus

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

Buy $100 in Crypto and Get $10 Bonus

Invest $500 in Crypto Smart Portfolio and Get $50 Bonus

For a limited time, you can get $50 from eToro when you sign up for eToro and invest $500 in any of their crypto Smart Portfolios. There are no hidden charges and no management fees. eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.

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Which is Better: WealthSimple or eToro?

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

Articles on WealthSimple

Wealthsimple Review

Wealthsimple is a robo advisor with features you should not ignore. But are the higher fees worth it? Read this review to find out what this automatic investing service can do and the pros and cons.