eToro vs Interactive Brokers

eToro is a good crypto exchange for learning, socializing and copy-trading. How does it compare to Interactive Brokers? Read our comparison chart below.

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.

While 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.

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

	eToro	Interactive Brokers
	OFFER Get $100,000 Virtual Portfolio to Experiment - Learn More Read eToro Review	SPECIAL OFFER Referral Program - $200 Bonus - Learn More Read Interactive Brokers Review
	Benefits and Features
Stock Trading	$0; 3,000+ stocks & ETFs	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)
Options Trading	$0	$0.15-$0.65 per contract ($1 minimum per order)
Annual Fee	None	None
Cryptocurrency Trading		0.12% to 0.18% of trade value ($1.75 minimum per order)
Minimum Deposit	$100 ($200 to start copy trading)	$0
Mutual Fund Trading	No	$0 for no-transaction-fee funds. For transaction-fee funds, 3% trade value OR $14.95, per transaction, whichever is less
Commission Free ETFs	Over 300 ETFs	150+
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	Not available	$30
Good For	Position traders
Inactivity Fee	$10/month	$0
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 (eToro Academy)	Yes
Trading Platform		Desktop, Web Trading, Mobile Apps
Virtual Trading	Yes (eToro virtual account with $100,000 virtual funds)	Yes
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
Cryptocurrency Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Safety
Stock Trading
Options Trading
Mutual Fund Trading
Online Platform
Banking
Pros & Cons	Pros: Copy actions of top traders Virtual practice account Cons: Slow customer service response time	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
Bottom Line	Good crypto exchange for learning, socializing and copy-trading... Read full review	Good discount broker for experienced, high volume traders... Read full review
	Get $100,000 Virtual Portfolio to Experiment Trade Popular Cryptocurrencies Copy Top Traders on eToro with CopyTrader™	Referral Program - $200 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: 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. Interactive Brokers: Pricing information from published websites as of 10/17/2023.

Which is Better: eToro or Interactive Brokers?

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

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

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 Robinhood
• 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.

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.

Which Do You Think is Best?

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