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Choice IRA vs eToro

Choice IRA is a low-cost platform to invest in stocks, crypto, and metals all in one IRA. How does it compare to eToro? Read our comparison chart below.

 eToro
eToro USA LLC and eToro USA Securities Inc.
 Learn MoreVisit Site
 

Choice IRA

eToro

SPECIAL OFFER
Pay Less Tax on Bitcoin - Learn More

Read Choice IRA Review

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

Read eToro Review

 

Benefits and Features

Stock Trading 
$0; 3,000+ stocks & ETFs
Options Trading 
$0
Cryptocurrency Trading 
Check
Minimum Deposit
$0
$100 ($200 to start copy trading)
Mutual Fund Trading 
No
Cryptocurrencies SupportedAave, Basic Attention Token, Cosmos, Bitcoin, Bitcoin Cash, Chainlink, Dogecoin, EOS, Ethereum, Icon, Litecoin, Maker, Monero, Neo, Polkadot, Stellar, Tezos, Uniswap, Yearn.Finance, ZCash
83 (21 in the US)
Countries SupportedU.S.
Over 100
Fiat Currencies Supported
USD
USD, EUR, GBP, AUD, RMB, THB, IDR, MYR, VND, PHP, SEK, DKK, NOK, PLN, CZK, PEN, MXN, QAR, BHD, OMR, AED, SGD. Not available for US customers.
Digital Wallet
Yes
Yes
Transaction FeeDigital assets: $0.99 to 1% per trade
Securities: $0.005 per share ($1 minimum)
Metals: $40 per request
1% fee for buying or selling crypto.
0% commission for buying or selling stocks and ETFs.
Copy Trading 
Yes
Limit Orders 
Yes
Margin Trading Yes. Not available for US customers.
Setup Fee$0 for Cold Storage; $625 for Hold Your Own Keys trust setup 
Crypto Loans 
No
Bank Account Purchase Fee 
No
Debit Card Purchase Fee 
No
Wallet Purchase Fee 
No
Banking 
No
Mobile App 
Yes
ACH Transfer Fee 
No
Wire Transfer Fee$0 incoming / $45 outgoing domestic; $85 outgoing international
No
Crypto Conversion Fee 
0.10%
Withdrawal Fee $0 ($5 for non-U.S. customers)
Other Fees Crypto transfer fee: 0.0005 units - .25 units; $10 monthly fee after 12 months inactivity
Address Allowlisting 
No
Anonymity 
No
Biometric Login 
TouchID or FaceID
Cold Storage
Yes
Yes
Two-Factor Authentication
Yes
SMS or phone call
Withdrawal LimitNone. 10% penalty under 59 1/2 years old
None, $30 minimum
 

CreditDonkey® Reviews

 eToro
Cryptocurrency TradingStarStarStarStarEmpty StarStarStarStarHalf StarEmpty Star
Commissions and FeesStarStarStarStarEmpty StarStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStarStarStarStarHalf StarEmpty Star
ResearchStarStarEmpty StarEmpty StarEmpty StarStarStarStarStarStar
SafetyStarStarStarStarEmpty StarStarStarStarStarEmpty Star
Mobile AppStarStarStarHalf StarEmpty Star
Pros & ConsPros:
  • No minimums
  • $0 monthly fee option
  • A range of assets
Cons:
  • Limited research tools
Pros:
  • Copy actions of top traders
  • Virtual practice account
Cons:
  • Slow customer service response time
Bottom LineLow-cost platform to invest in stocks, crypto, and metals all in one IRA... Read full reviewGood crypto exchange for learning, socializing and copy-trading... Read full review
 Learn MoreVisit Site

Pay Less Tax on Bitcoin

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

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
eToro USA LLC and eToro USA Securities Inc.

Deposit $100 and Get $10 from eToro USA LLC

Expires 12/31/2024
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. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.
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:

  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. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.

eToro
eToro USA LLC and eToro USA Securities Inc.

Get $100,000 Virtual Portfolio to Experiment

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

Which is Better: Choice IRA or eToro?

Still need help deciding which crypto is better? Read the in-depth reviews below. You may also be interested in comparing Choice IRA or iTrustCapital.

In short: Choice IRA's ease of use is excellent. eToro's research is impressive.


Articles on Choice IRA

Choice IRA Review

Choice IRA offers an all-in-one IRA for investors who want a lot of diversity in their retirement portfolio. But is it the right IRA for you?

Articles on eToro

eToro Review

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 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?

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.

Buy Bitcoin with 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?


About CreditDonkey
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Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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