eToro vs. Robinhood

eToro launched in the US in 2019, adding to its massive international trading community numbering over 20 million. While the US offering of eToro remains limited to the cryptocurrency sector, it has plans to expand into equity and ETF trading. Robinhood has a controversial history and lacks overall transparency but has pioneered commission-free trading in the US and remains a popular choice among millennials and GenZ traders.

Both brokers offer their proprietary trading platforms, where eToro takes a notable lead. Neither one supports algorithmic trading, but eToro brings its known copy trading service to US traders. Both present market commentary but lack actionable research. Beginner traders get a quality educational section at both, where eToro relies on videos and Robinhood on written content.

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

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• eToro vs. Robinhood - Verdict

Features and Platforms

Features & Platforms	eToro (visit site)	Robinhood (visit site)
Headquarter:	US	US
Established :	2019	2013
Retail Loss Rate:	Undisclosed	Undisclosed
Regulation:
Minimum Deposit:	$50	$0
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee
Deposit Fee:
Withdrawal Fee	Third-Party	Third-Party
Funding Methods:	2	2
MT4:
MT5:
cTrader:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:	Large trading community	Access to IPOs
Unique Feature Two:	Leading cryptocurrency broker	Fractional share trading
Broker Offers:	See what eToro offers*74% of retail CFD accounts lose money	See what Robinhood offers

Noteworthy:

eToro has its proprietary cryptocurrency wallet and is presently testing stock and ETF trading in closed beta. Robinhood allows traders access to IPOs, fractional share trading from $1.00, and issues its branded debit card.

Available Markets

eToro presently offers 40 cryptocurrencies in the US but plans to expand its overall asset selection. It has an active closed beta for stocks and ETFs at the time of this review. Robinhood offers stocks, ETFs, gold, options, and cryptocurrencies while failing to maintain a detailed asset list amid its ongoing lack of transparency.

Typical Spreads and Fees

eToro offers cryptocurrency trading with spreads as low as 0.75% on Bitcoin or 1.90% on Ethereum up to 5.00% on Tezos. A 0.10% crypto-to-crypto conversion fee and 0.50% cryptocurrency transfer fee also exists. Robinhood offers traders commission-free trading with higher spreads and regulatory trading fees but lacks overall pricing transparency.