EToro vs Trading 212 Comparison offers a similar range of assets to trade, including stocks and shares, ETFs (exchange traded funds), cryptocurrencies and CFDs (cash for difference) as well as commodities like silver and gold. Both have mobile apps that are well-suited to beginners and advanced investors alike, with easy-to-use features including stock and forex price alerts and watchlist symbol syncing.
What separates these platforms is eToro’s social trading feature, CopyTrader, which enables traders to invest in a portfolio of top performing trader’s trades automatically. This could be especially helpful for new traders who don’t have the time or knowledge to pick their own trades. eToro also offers an educational hub, the eToro Academy, and community support. The platform is regulated by the FCA and the FSCS, making it a safe choice for British investors.
Trading Showdown: Is eToro or Trading 212 Better for UK Investors
Unlike Trading 212, eToro does not charge any commissions on stock and ETF trades. However, the company does charge fees for withdrawals and inactivity and a currency conversion fee. In addition, eToro has higher minimum investment amounts and fees incorporated into the spreads for crypto trading.
Ultimately, it is important to understand your own trading goals and experience level before choosing the right platform for you. eToro’s diverse asset selection and user-friendly interface makes it a good choice for new traders, while Trading 212 is more suitable for experienced investors who require advanced charting tools. Whichever one you choose, you will need to make sure that the platform is regulated by a reputable financial authority and that it offers the best pricing for your trading needs.