This contrast guide aids individuals who battle to pick between eToro and TastyTrade to find the best online broker for their trading and investment needs. It analyzes the main features of the two brokers side-by-side to aid individuals compare their solution and make a notified decision.
To assist users pick the appropriate broker in between eToro and TastyTrade to find the best-suited platform, listed below is a listing of broker’s benefits and drawbacks, adhered to by a comparison of their main trading attributes, including trading platforms & tools, charges, mobile trading, deposit & withdrawal, properties, law, and client assistance.
eToro vs. TastyTrade: Summary
eToro is a multi-asset brokerage company with the world’s biggest social trading community (over 30 million users). Their platform and mobile app features are easy to use for beginners and include an intuitive copy trading tool, simple buy & sell orders and free demo account. Users can trade with CFDs on major stocks, ETFs, forex, and cryptocurrencies.
eToro charges 0% commission on stocks, and ETFs. They charge an average spread of 0.9 pips on most forex pairs. eToro’s non trading fees are above average and include overnight, inactivity ($10/month) and currency conversion fees ($5/conversion).
Their customer support is available through email and live chat in Arabic and English.
TastyTrade (previously TastyWorks) is a US based stock and options broker. It is regulated by two tier-one regulators (FINRA and SEC) and is therefore considered safe. The broker offers access to a wide range of options, futures and stocks.
TastyTrade’s platform offers various trading tools and features, intuitive charting apps and the TastyTrade content network. These features make tastytrade a great fit for experienced and active traders focusing on trading with futures and options. Although TastyTrade offers great educational materials and research tools, the platform can be overwhelming for beginners.
The minimum deposit at TastyTrade is $0. Customer support is responsive and well educated.
Pros
- Low minimum deposit ($50)
- 0% commission stocks and ETF trading
- Easy to use mobile trading app and platforms
- Industry leading social/copy trading app
- Responsive customer support
Cons
- Algorithmic trading not available
- Forex and CFD fees above industry average
- Education and research tools missing
Pros
- Low minimum deposit ($0)
- Wide range of futures and options
- Low, variable, and capped trading fees
- Broad range of tools for advanced options and futures traders
- Great research and educational materials
Cons
- No fractional shares available
- Limited instruments compared to other brokers
- High margin rates required
Key features
- Average trading fees
- Industry leading social/copy trading tool
- Easy buy/sell order types
- Crypto exchange & brokerage services
- Fast registration and KYC on-boarding process
- Multiple payment options
Key features
- Access to thousands of stocks, ETFs, futures, options on futures, commodities, and cryptocurrencies
- Advanced trading tools and dynamic charting features (custom indicators, watch lists, and curve analysis)
- Multiple advanced order types available (good until canceled and good until date)
- Free monthly portfolio analysis
- Support for Expert Advisors and other automated trading software
eToro vs. TastyTrade Comparison
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eToro
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Tastytrade
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:30 | 5:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | $5 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $10 a month after one year | 0 |
| Cost Per Trade | N/A | 0 |
| Cost Per Month | N/A | 0 |
| Forex (EUR/USD) | 1.1 pip | 0 |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 5 pip | 0 |
| Crypto | 0 | 1% open 1% close (max $10 each way) |
| Options | 0 | $1 per contract |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees | 0 |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100 | 0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 2.800 | 2400 |
| ETF & Funds | 0 | 0 |
| Crypto | 30 | 25 |
| Commodities | 0 | 0 |
| Indices | 0 | 7 |
| Options | 0 | 0 |
| Futures | 0 | 83 |
| Bonds | 0 | 0 |
| Forex Instruments | 49 | 0 |
| CFD Indices & Funds | 250 | 0 |
| CFD Stocks | 2800 | 0 |
| CFD Commodities | 54 | 0 |
| CFD Crypto | 32 | 0 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | Spanish | |
| Personal Account Manager |
Winner
eToro vs. TastyTrade Comparison Conclusion
The results of our contrast of eToro vs. TastyTrade are wrapped up in the table listed below.
| Broker: | Best For: |
| eToro | Stocks and ETFs & Social Copy Trading |
| TastyTrade | Options Trading |
Picking the right option in between eToro and TastyTrade can be hard. Both on-line brokers have similarities yet differ pertaining to trading instruments, platforms & applications, policy, down payment & withdrawals, and research study and education. Choosing the best broker relies on users’ trading & financial investment objectives, individual choices, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.