Wealthfront vs eToro

Wealthfront is a good robo-advisor for hands-off investor. Fees are low, but lack human advisors. How does it compare to eToro? Read our comparison chart below.

Wealthfront has a low fee of 0.25% and a minimum of $500 to open an account. Wealthfront offers advanced planning tools to help provide a complete picture of your financial health and track your goals. However, there are no human advisors.

While 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.

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

	Wealthfront	eToro
	SPECIAL OFFER Wealthfront Cash Account - Learn More Read Wealthfront Review	OFFER Get $100,000 Virtual Portfolio to Experiment - Learn More Read eToro Review
	Benefits and Features
Savings	5% APY Cash Management Account
Stock Trading		$0; 3,000+ stocks & ETFs
Options Trading		$0
Annual Fee	0.25%	None
Cryptocurrency Trading
Minimum Deposit	$500	$100 ($200 to start copy trading)
Mutual Fund Trading		No
Commission Free ETFs		Over 300 ETFs
Phone Support	Yes	None
Live Chat Support	No	Online 24 hours, Monday to Friday
Email Support	Yes	Yes
Human Advisors	No	No
Robo Advisor		No
Assets Under Management	$10+ Billion	$7.5 Billion (as of 09/30/2023)
Tax Loss Harvesting	Yes	No
Goal Tracker	Yes	Yes
Automatic Deposits	Yes	Yes
Broker Assisted Trades		Not available
Good For		Position traders
Inactivity Fee		$10/month
Maintenance Fee		$0
Online Platform	Yes	Yes
iPhone App	Yes	Yes (4.3 stars, 2.3K ratings)
Android App	Yes	Yes (4.0 stars, 133k ratings)
Banking		No
Mobile App	Yes	Yes
Two-Factor Authentication		SMS or phone call
Locations		No
Online Community		Yes
Seminars		Yes (eToro Academy)
Virtual Trading		Yes (eToro virtual account with $100,000 virtual funds)
Single Stock Diversification	Yes
Fractional Shares	No	Yes
Taxable Accounts	Yes	Yes
401k Plans	No	No
IRA Accounts	Yes	No
Roth IRA Accounts	Yes	No
SEP IRA Accounts	Yes	No
Trust Accounts	Yes	No
529 Plans	Yes	No
	CreditDonkey® Reviews
Annual Fee
Minimum Deposit
Investment Types
Customer Service
Cryptocurrency Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Safety
Pros & Cons	Pros: Minimal opening deposit & fees Advanced goal tracker Tax loss harvesting Cons: No human advisors No fractional shares	Pros: Copy actions of top traders Virtual practice account Cons: Slow customer service response time
Bottom Line	Good robo-advisor for hands-off investor. Fees are low, but lack human advisors... Read full review	Good crypto exchange for learning, socializing and copy-trading... Read full review
	Wealthfront Cash Account	Get $100,000 Virtual Portfolio to Experiment Trade Popular Cryptocurrencies Copy Top Traders on eToro with CopyTrader™
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Wealthfront: Pricing information from published website as of 04/20/2024. 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.

Which is Better: Wealthfront or eToro?

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