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.
- Features and Platforms
- Available Markets
- Typical Spreads and Fees
- Security and Trust
- eToro vs Revolut - Verdict
 |  | |
Headquarters | Israel | United Kingdom |
Regulators | ASIC, CySEC, FCA, FSA | N/A |
Tier 1 Regulator(s)? | ||
Owned by Public Company? | ||
Year Established | 2007 | 2015 |
Execution Type(s) | Market Maker | Market Maker |
Minimum Deposit | $50 - $10,000 | £0 |
Negative Balance Protection | ||
Trading Platform(s) | Proprietary platform | Other+ |
Average Trading Cost EUR/USD | 1.0 pips | Not applicable |
Average Trading Cost GBP/USD | 2.2 pips | Not 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 pips | Not applicable |
Minimum Standard Spreads | 1.3 pips | Not applicable |
Minimum Commission for Forex | $0.00 | Not applicable |
Islamic Account | ||
Signals | ||
US Persons Accepted? | ||
Managed Accounts | ||
| Get Started | Get Started |
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 | ||
| Get Started | Get Started |
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 | ||
| Get Started | Get Started |
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 pips | Not applicable |
Average Trading Cost GBP/USD | 2.2 pips | Not 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 pips | Not applicable |
Minimum Standard Spreads | 1.3 pips | Not applicable |
Minimum Commission for Forex | $0.00 | Not applicable |
Deposit Fee | ||
Withdrawal Fee | ||
Inactivity Fee | $10 monthly after 12 monthd | |
| Get Started | Get Started |
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 Kingdom | Australia, Lithuania, Singapore, United Kingdom |
Name of the Regulator | ASIC, CySEC, FCA, FSA | N/A |
Regulatory License Number | 491139, 109/10, 583263, SD076 | 304580906 (LB002119), 900562, 517589, PS20200326 |
Regulatory Tier | N/A | 1,1,1,1 |
| Get Started | Get Started |
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.
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