eToro vs Revolut

eToro provides its 30M+ copy traders with a user-friendly web-based platform and mobile app, 3,000+ trading instruments, and an expanding cryptocurrency presence. CopyTraders and Smart Portfolios form the core of eToro. The former is the proprietary copy trading tool at eToro, and the latter provides custom-tailored investment products featuring thematic long-term buy-and-hold investments managed in-house by eToro for passive investors.

Revolut is a UK-headquartered, Lithuanian-authorized challenger bank that relies on its mobile app to offer a one-stop financial solution to customers. It is an excellent lifestyle app featuring plenty of perks, incentives, discounts, and benefits, but from a pure investment or trading perspective, it only caters well to cryptocurrency traders.

We have conducted an in-depth review of eToro and Revolut to determine which presents the better overall choice and which types of traders will benefit the most at each broker.

Headquarters
IsraelUnited Kingdom
Regulators
ASIC, CySEC, FCA, FSAN/A
Tier 1 Regulator(s)?
Owned by Public Company?
Year Established
20072015
Execution Type(s)
Market MakerMarket Maker
Minimum Deposit
$50 - $10,000£0
Negative Balance Protection
Trading Platform(s)
Proprietary platformOther+
Average Trading Cost EUR/USD
1.0 pipsNot applicable
Average Trading Cost GBP/USD
2.2 pipsNot applicable
Average Trading Cost WTI Crude Oil
$0.05 Not applicable
Average Trading Cost Gold
$0.45 3% - 5%
Retail Loss Rate
74%Undisclosed
Minimum Raw Spreads
0.8 pipsNot applicable
Minimum Standard Spreads
1.3 pipsNot applicable
Minimum Commission for Forex
$0.00Not applicable
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
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Features and Platform

MT4
MT5
MT4/MT5 Add-Ons
cTrader
Proprietary Platform
Automated Trading
Social/Copy Trading
DOM?
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
OCO Orders
Interest on Margin
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Noteworthy:

eToro features its in-house developed cryptocurrency wallet, a mobile e-money account, and the eToro Academy for beginner traders. Revolut is a one-stop financial solution, ensuring ease of capital flows across the ecosystem.

Available Markets

Currency Pairs
Cryptocurrencies
Commodities
Crude Oil
Gold
Metals
Equity Indices
N/A
Stocks
N/A
Stocks (non-CFDs)
Bonds
ETFs
Options
Futures
Synthetics
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Traders at eToro get a well-balanced asset selection of 3,000+ trading instruments. Revolut focuses on US-listed equities and ETFs but offers 100+ physical cryptocurrencies in 30 currencies, besting the expanding eToro cryptocurrency selection. eToro allows cross-asset diversification and leveraged trading, but both feature fractional share dealing in US companies.

Typical Spreads & Fees

Average Trading Cost EUR/USD
1.0 pipsNot applicable
Average Trading Cost GBP/USD
2.2 pipsNot applicable
Average Trading Cost WTI Crude Oil
$0.05 Not applicable
Average Trading Cost Gold
$0.45 3% - 5%
Average Trading Cost Bitcoin
$574 5% - 6%
Minimum Raw Spreads
0.8 pipsNot applicable
Minimum Standard Spreads
1.3 pipsNot applicable
Minimum Commission for Forex
$0.00Not applicable
Deposit Fee
Withdrawal Fee
Inactivity Fee
$10 monthly after 12 monthd
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eToro offers commission-free Forex, equity and ETF trading for unleveraged buy-only trading, while CFD traders face a 0.09% commission. Revolut provides commission-free trading within monthly plan limits, where traders pay monthly subscription fees. Afterwards, a £/€ 1.00 or 0.25% of the transaction value applies. Revolut also levies an annual 0.12% custody fee.

Account Types

Account Types
eToro
Revolut
Commission-free Accounts
Yes
Yes
Commission-based Account
No
Yes
Demo Accounts
Yes
No
Islamic Accounts
Yes
No
Social / Copy Trading
Yes
No
Managed Accounts
Yes
No

eToro offers the same free CFD account to all traders. It also provides a demo account, swap-free Islamic alternatives, and in-house managed portfolios unavailable at Revolut. The Revolut account structure consists of five plans, with a free Standard plan, though it is of little use to traders and investors. The Plus and Premium options cost £2.99 and £6.99, respectively. Active traders should opt for Metal at £12.99 monthly or Ultra for £45.00.

Minimum Deposit

Deposit Snapshot
eToro
Revolut
Minimum Deposit
$200
$0
Deposit Fees
Third-Party
Third-Party
E-wallets
Yes
Yes
Cryptocurrencies
No
No
Localized Methods
Yes
Yes
Total Deposit Methods
14
7+
Supported Deposit Currencies
USD, EUR, GBP, AUD, 10+
USD, EUR, GBP, AUD, 13+

The eToro minimum deposit depends on the geographic location of traders, but most international traders can start with a $200 deposit. It is as low as $10 for US and UK-resident traders versus $50 for EU-based traders and $10,000 for Israeli ones. Revolut has no minimum deposit requirements and offers several localized methods, while eToro has more overall payment processors.

Minimum Withdrawal

Withdrawal Snapshot
eToro
Revolut
Minimum Withdrawal
$30
$0
Internal Withdrawal Fees
$5 for each payment processor
Free withdrawals (dependent on the plan)
Internal Processing Times
Up to two business days
Instant (ATM) / one business day for bank wires

The minimum withdrawal amount is $30 at eToro versus $0 at Revolut. The former charges a $5 fee on all transactions, while the latter features free withdrawals that depend on the monthly plan before fair usage fees apply. A 1.00% weekend currency conversion fee applies at Revolut, and there are fair usage costs for traders who exceed their monthly free withdrawals.

Security & Trust

Country of the Regulator
Australia, Cyprus, Seychelles, United KingdomAustralia, Lithuania, Singapore, United Kingdom
Name of the Regulator
ASIC, CySEC, FCA, FSAN/A
Regulatory License Number
491139, 109/10, 583263, SD076304580906 (LB002119), 900562, 517589, PS20200326
Regulatory Tier
N/A1,1,1,1
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EToro

Country of the Regulator
Name of the Regulator
License Number
Australia
Australian Securities & Investments Commission
491139
Seychelles
Financial Services Authority
SD076
Cyprus
Cyprus Securities and Exchange Commission
109/10
UK
Financial Conduct Authority
583263
Malta
Malta Financial Services Authority
C97952

Revolut

Country of the Regulator
Name of the Regulator
License Number
Lithuania
Bank of Lithuania
304580906 (LB002119)
UK
Financial Conduct Authority
900562
Australia
Australian Securities and Investments Commission
517589
Singapore
Monetary Authority of Singapore
PS20200326

eToro and Revolut are well-trusted, secure companies with clean track records. While eToro has more operational experience, Revolut is a challenger bank operating under stricter financial and capital rules within the EU regulatory framework. Both brokers segregate client deposits from corporate funds, and eToro offers negative balance protection, which does not apply at Revolut since it does not allow leveraged trading.

Broker versus Broker Verdict

EToro

Pros
Cons
Copy-trading with a community exceeding 30 million traders
Higher minimum deposit requirement but within a reasonable range
User-friendly web-based trading platform and mobile app
Quality educational offering for beginner traders via the eToro Academy
Balanced asset selection with a focus on equity CFDs and ETFs

Revolut

Pros
Cons
Excellent regulation and authorization as a challenger bank
Limited asset selection and no direct Forex trading
Commission-free trading (plan dependent) or low commissions where applicable
Availability is geographically restricted but slowly expanding
Easy to move money and use investment proceeds for day-to-day spending

Revolut is an excellent lifestyle app catering to successful investors and traders, but their app is best suited for cryptocurrencies. Therefore, eToro is the notably better choice with its superior trading platform and tools for copy traders and beginners.

You might also be interested in reviewing the below broker comparisons:

Read full eToro Review
Read full Revolut Review

FAQs

Why is eToro better?

eToro is better than Revolut as it provides products and services for traders, including a web-based trading platform that allows traders to analyze assets, a balanced asset selection, and lower trading fees.

Is Revolut OK for trading?

Revolut is OK for traders who place occasional transactions but does not cater well to active traders. The lack of a trading platform, in-depth analytical tools, and high trading fees for active traders are notable.

Is there a better platform than eToro?

While some brokers may offer a superior platform, eToro ranks among the leading choices for copy traders.

What is the difference between Revolut and eToro?

eToro is a copy trading platform with services for passive investors and an expanding cryptocurrency presence. Revolut is a lifestyle app and one-stop financial solution from a challenger bank with limited investment and trading tools, except for an excellent cryptocurrency offer.

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