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Robinhood vs eToro

Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to eToro? Read our comparison chart below.

Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $5/month.

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

 RobinhoodeToro
eToro USA LLC and eToro USA Securities Inc.
 Visit SiteVisit Site
 

Robinhood

eToro

OFFER
Get a Free Stock (worth between $5 and $200) - Learn More

Read Robinhood Review

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

Read eToro Review

 

Benefits and Features

Stock Trading
$0
$0; 3,000+ stocks & ETFs
Options Trading
$0
$0
Annual Fee
None
None
Cryptocurrency Trading
$0
Check
Minimum Deposit
$0
$100 ($200 to start copy trading)
Mutual Fund Trading
No
No
Commission Free ETFsAll U.S. listed ETFs
Over 300 ETFs
Phone Support
650-761-7789 (available 24/7)
None
Live Chat SupportAvailable 24/7 (requires sign in)Online 24 hours,
Monday to Friday
Email Support
Yes
Yes
Human Advisors
No
No
Robo Advisor
No
No
Assets Under Management
$102 Billion
$7.5 Billion
(as of 09/30/2023)
Cryptocurrencies SupportedAAVE, AVAX, BTC, BCH, LINK, COMP, DOGE, ETH, ETC, LTC, SHIB, XLM, XTZ, UNI, USDC
83 (21 in the US)
Penny Stocks
Yes
 
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
No
Yes
Tax Loss Harvesting
No
No
Transaction Fee
No
1% fee for buying or selling crypto.
0% commission for buying or selling stocks and ETFs.
Copy Trading
No
Yes
Limit Orders
Yes
Yes
Margin TradingMargin rates will vary based on a customer's margin balance, ranging from 5.7% to 6.75%.Yes. Not available for US customers.
Goal Tracker
No
Yes
Automatic Deposits
Yes
Yes
Crypto Loans
No
No
Broker Assisted Trades
Not available
Not available
Good For
Beginners; Active traders
Position traders
Inactivity Fee
$0
$10/month
Maintenance Fee
$0
$0
Online Platform
Yes
Yes
iPhone App
Yes (4.2 stars, 4.3M ratings)
Yes (4.3 stars, 2.3K ratings)
Android App
Yes (4.1 stars, 483k ratings)
Yes (4.0 stars, 133k ratings)
Bank Account Purchase Fee
No
No
Debit Card Purchase Fee
No
No
BankingOffers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank
No
Mobile App
iOS & Android
Yes
ACH Transfer Fee
No
No
Desktop App
None
 
Wire Transfer Fee
No
No
Crypto Conversion Fee
No
0.10%
Anonymity
No
No
Biometric Login
TouchID or FaceID
TouchID or FaceID
Cold Storage
Yes
Yes
Two-Factor AuthenticationDevice approvals, Authenticator app, SMS
SMS or phone call
Withdrawal Limit
$50,000 per business day
None, $30 minimum
Forex Trading
No
 
Futures Trading
No
 
Bond Trading
No
 
CFD Trading
No
 
Currency Trading
No
 
Customer ServiceLive Chat (24 hours via Robinhood app)
Phone: 650-761-7789 (available 24/7)
Email: support@robinhood.com		 
Locations
No
No
Online Community
No
Yes
Seminars
Yes
Yes (eToro Academy)
Trading Platform
Web Trading, Mobile Apps
 
Virtual Trading
No
Yes (eToro virtual account with $100,000 virtual funds)
Fractional Shares
Yes
Yes
Taxable Accounts
Yes
Yes
401k Plans
No
No
IRA Accounts
Yes
No
Roth IRA Accounts
Yes
No
SEP IRA Accounts
No
No
Trust Accounts
No
No
529 Plans
No
No
 

CreditDonkey® Reviews

 RobinhoodeToro
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarEmpty Star
Minimum DepositStarStarStarStarStar
Mobile AppStarStarStarStarEmpty StarStarStarStarHalf StarEmpty Star
Commissions and FeesStarStarStarStarStarStarStarStarStarEmpty Star
Customer ServiceStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStarStarStarStarHalf StarEmpty Star
ResearchStarEmpty StarEmpty StarEmpty StarEmpty StarStarStarStarStarStar
Cryptocurrency TradingStarStarStarHalf StarEmpty Star
SafetyStarStarStarStarEmpty Star
Pros & ConsPros:
  • Commission-free trades
  • No minimum
  • Extended trading hours
Cons:
  • Limited research
  • No mutual funds & bonds
Pros:
  • Copy actions of top traders
  • Virtual practice account
Cons:
  • Slow customer service response time
Bottom LineFree way to trade stocks with limited bells and whistles... Read full reviewGood crypto exchange for learning, socializing and copy-trading... Read full review
 Visit SiteVisit Site

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

Robinhood: Pricing information from published websites as of 08/13/2024.

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.

Robinhood

Get a Free Stock (worth between $5 and $200)

Get a Free Stock
Robinhood

Commission-Free Trades

Get Deal

Trade stocks, funds, options, and cryptocurrencies

Robinhood

Buy and Sell Cryptocurrency

Robinhood Crypto offers commission-free cryptocurrency investments 24/7. Some of the cryptocurrencies available are Bitcoin, Dogecoin, Ethereum, and Litecoin. This offer is currently available to selected states.

Get Deal
eToro
eToro USA LLC and eToro USA Securities Inc.

Deposit $100 and Get $10 from eToro USA LLC

Deposit $100 and Get $10
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.

Buy $100 in Crypto and Get $10 Bonus
eToro
eToro USA LLC and eToro USA Securities Inc.

Get $100,000 Virtual Portfolio to Experiment

Get $100,000 Virtual Portfolio

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: Robinhood or eToro?

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

In short: Robinhood's commissions and fees and ease of use are impressive. eToro's research is impressive.

Articles on Robinhood

Robinhood Review

Robinhood lets you trade stocks commission-free and has no account minimums. Is it safe? Are there hidden fees? Read on for the pros and cons.

Robinhood Alternatives

Looking for apps like Robinhood but with a twist? Find the best alternatives with superior features. Do better in online trading with these apps.

Robinhood 24/7 Trading

Unfortunately, Robinhood doesn't offer 24/7 trading. Luckily, it comes close: 24/5. Does it fit you and your trading style?

Robinhood vs Fidelity vs Vanguard

Robinhood, Fidelity, and Vanguard are great options if you're looking for an investment platform to grow your money. But which one is right for you?

Robinhood vs Public vs Webull

Robinhood, Public, and Webull are all great options for growing your money. But which one will suit you the most?

Fidelity vs Webull

Robinhood, Webull, Fidelity - three big investing platforms, but which is best for you? Find out in this detailed comparison guide.

Robinhood IRA Review

Robinhood offers some of the most unique IRAs on the market. But are they any good? Read on to find out.

Is Robinhood Safe

Are you worried about the safety of your investments? Let's examine the security features of Robinhood to determine if it's a reliable choice. Read on.

How Does Robinhood Make Money

Robinhood earns money through payment for order flow, interest rates, and subscriptions. Learn how these factors contribute to Robinhood's success.

Buy Bitcoin on Robinhood or Coinbase Pro

Robinhood and Coinbase Pro are two of the biggest names in retail investing and crypto trading. But which is best for buying Bitcoin?

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 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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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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