eToro vs. TD Ameritrade

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eToro and TD Ameritrade are leading online brokers. eToro offers excellent social trading tools and impressive platforms. It has top-tier licenses from the ASIC and FCA. eToro is a top choice for professional traders as it has limited research and educational tools. 

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eToro logo

eToro

Open account Read review

Leveraged and speculative product. Not suitable for all investors. You should consider whether you can afford to take the high risk of losing your money. Capital is at risk.

TD Ameritrade logo

TD Ameritrade

BROKER COMPARISON

eToro logo
TD Ameritrade logo

Overall rating

4,9/5

4,1/5

Overall rating

4,9/5

4,1/5

Trading Platform & Tools

4.9

4.4

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:30 1:2
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.8

3.6

See details
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 1.3 pips
Stocks & ETF 0 $6.95
CFD (Gold) 5 pip 0
Crypto 0 0
Options 0 0.65 per options contract fee
Conversion Fees 0 $75 transfer fee
Misc. Fees 0 0
Overnight Fees 0

Mobile Trading

4.9

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.9

1.9

See details
Minimum deposit (in UAE) $50 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.8

4.9

See details
Shares 2.800 3700
ETF & Funds 0 13000
Crypto 30 0
Commodities 0 10
Indices 0 12
Options 0 0
Futures 0 70
Bonds 0 40000
Forex 49 70
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

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

5.0

4.3

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

5.0

4.0

See details
Email
Phone
Live Chat
24/7 support
Multilingual English / Spanish
Personal Account Manager

Winner

TD Ameritrade is the leading US-based stockbroker with a reliable platform. It has competitive fees and a versatile portfolio. TD Ameritrade has excellent learning tools, which is why it is a top choice for new traders. 

Both online brokers have strengths and weaknesses. This article discusses the differences between TD Ameritrade and eToro. 

Top findings from the eToro vs. TD Ameritrade review:  

  1. eToro is the leading social trading broker with competitive prices and many tradeable assets. 
  2. TD Ameritrade is a trustworthy broker with reliable learning tools. 
  3. Both brokers offer a virtual trading account to test their offering. 

We recommend eToro for experienced traders who look for premium social trading tools and platforms. TD Ameritrade is a good choice for investors of all levels of experience. 

Level of experience  

Beginner traders prefer TD Ameritrade over eToro. TD Ameritrade has educational materials, Paper Trading, and many other helpful learning tools. This broker has straightforward platforms and premium trading tools. TD Ameritrade is excellent for U.S.-based traders of all levels of experience. 

eToro is the leading social trading broker with helpful research tools, including social sentiment and an economic calendar. It has limited research and education tools, which is why we recommend it for advanced traders. 

Fees  

The minimum initial deposit fee at eToro is $200, while TD Ameritrade doesn’t charge a fee for creating new accounts. The average EUR/USD spread at eToro is 1, while at TD Ameritrade is 1.065. Both brokers offer an active trader discount. 

Assets 

TD Ameritrade offers 73 forex currency pairs, while eToro has 47 available pairs. eToro provides access to 2314 CFDs, while TD Ameritrade has 0 available CFDs. 

Trading platform  

eToro has an excellent social trading platform with dedicated research tools. It offers a virtual trading account and a premium social trading app. eToro is a top choice for professional traders, as its trading tools and market data are limited. 

TD Ameritrade has reliable platforms focused on learning tools. It offers professional research and education tools on all its platforms. TD Ameritrade provides a better experience and superior market data. It is a good fit for both beginner and advanced traders. 

Banking services  

Banking services are an asset for traders of all levels of experience. eToro offers bank transfers, credit/debit cards, PayPal, and Skrill. TD Ameritrade provides bank transfers as its funding solution. 

Final verdict  

eToro and TD Ameritrade are leading online brokers. Both have strengths and weaknesses, depending on your skills, needs, and trading experience. We recommend eToro to experienced traders looking for top-tier social trading tools. TD Ameritrade is a good choice for traders of all levels of experience. 

eToro compared to other brokers:

eToro review

Disclaimer:
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. 77% 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.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice.  The value of your investments may go up or down.  Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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.

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