We will compare eToro to TD Ameritrade on this page. This comparison goes over the pros and cons of both TD Ameritrade and eToro.
| TD Ameritrade | eToro |
|---|---|
TD Ameritrade is a online broker, based in Westlake, Texas, founded in 1971. TD Ameritrade offers trading of financial securities to its clients. The company is owned by Charles Schwab Corporation. |
eToro is a social/copy trading platform, offering a wide range of markets, along with 0% commission on stocks. They are regulated in top-tier jurisdictions. Read Full Review CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. eToro USA LLC does not offer CFDs, only real Crypto assets available. |
| Year founded: | |
| 1971 | 2006 |
| Regulated by: | |
| SEC, IIROC, SFC, MAS, FCA, CFTC | FinCEN, FCA, MiFID, CySec, ASIC |
| Headquarters: | |
| Westlake, Texas | London UK, Limassol Cyprus, Sydney Australia, USA |
| Is a Bank: | |
| No | No |
| Demo Account: | |
| Yes ✔️ | Yes ✔️ |
| Minimum Deposit: | |
| $0 | $50 – $10,000 |
| Minimum Trade: | |
| varies | $25 – $1,000 |
| Islamic Account: | |
| No | Yes ✔️ |
| Social/Copy Trading: | |
| Yes | Yes ✔️ |
| Spread Betting: | |
| No | No ❌ |
| Excluded countries: | |
| Australia, Canada, Germany, India, Ireland, Japan, Netherlands, South Africa, United Arab Emirates, United Kingdom and More | 133 |
Types of Products And Markets Available
When it comes to markets and investment products available, TD Ameritrade is the better choice. You have many options available, including managed portfolios.
Etoro is the better choice for social/copy trading, being the best in the industry in this division. If you live outside the USA, eToro is better.
Visit eToro – 68% of retail investor accounts lose money when trading CFDs with this provider.
| TD Ameritrade | eToro |
|---|---|
| Markets Available: | |
| Stocks, Options, ETFs, Mutual Funds, Futures, Forex, Cryptocurrency, Managed Portfolios, Bonds, Annuities, IPOs | Stocks (real), Commodities (CFD), Indices (CFD), Currencies (CFD), Cryptoassets (real and CFD) |
| CFDs Total | |
| Yes ✔️ | Yes ✔️ 2386 |
| Forex Pairs | |
| Yes ✔️ | Yes ✔️ 49 |
| Stocks | |
| Yes ✔️ | Yes ✔️ 2106 |
| Cryptocurrencies | |
| Yes | Yes ✔️ 16 |
| Commodities | |
| Yes ✔️ | Yes ✔️ 31 |
| ETFs | |
| Yes ✔️ | No |
| Options | |
| Yes ✔️ | No ❌ |
| EFPs | |
| Yes ✔️ | No ❌ |
| Mutual Funds | |
| Yes ✔️ | No❌ |
| Robo Portfolios | |
| Yes ✔️ | No ❌ |
Trading Platforms
TD Ameritrade is better for advanced functionality and is available in both English and Chinese. They offer better execution and research for trading complex instruments. If you you want a user-friendly platform, eToro is the better choice.
In a nutshell, TD Ameritrade is better for advanced traders, while eToro is better for beginner to intermediate traders.
Visit eToro here – 68% of retail investor accounts lose money when trading CFDs with this provider
| TD Ameritrade | eToro |
|---|---|
| Proprietary Platform: | |
| Yes (ThinkorSwim) | Yes ✔️ |
| Desktop Platform: | |
| Yes ✔️ | No ❌ |
| Mobile App: | |
| Yes ✔️ iOS, Android |
Yes ✔️ iOS, Android |
| Web Trading Platform: | |
| Yes ✔️ | Yes ✔️ |
| MetaTrader: | |
| No | No |
| cTrader: | |
| No | No |
| Mirror Trader: | |
| No | No |
| Zulu Trade: | |
| No | No |
| Dupli Trade: | |
| No | No |
Fees
Comparing the fees of both, eToro is great for stock trading as it offers 0% commissions. TD Ameritrade has overall low trading fees and low non-trading fees along with free stock and ETF trading.
| TD Ameritrade | eToro |
|---|---|
| Trading Fees: | |
| Yes Varies |
Yes 0% Commission on stocks Spread Varies |
| Deposit Fees: | |
| No | No |
| Withdrawal Fees: | |
| $0 | $5 (Bank Transfer) $5 (Credit Cards, eWallets) |
| Overnight Funding: | |
| No | Yes |
| Inactivity Fee: | |
| No | Yes $10/month |
Customer Support
Customer support is better at TD Ameritrade. eToro customer support is known for being slow to respond.
| TD Ameritrade | eToro |
|---|---|
| eMail: | |
| Yes ✔️ | Yes ✔️ |
| Online Chat: | |
| Yes ✔️ | Yes ✔️ |
| Phone Support: | |
| Yes ✔️ | No |
| Languages: | |
| Multiple | 15 |
Account Funding
Account funding is good at both brokers, however eToro has more deposit options.
| TD Ameritrade | eToro |
|---|---|
| Deposit Methods: | |
| Credit card, Debit card, or Bank Transfer | Visa, MasterCard, Skrill, Diners Club, PayPal, WebMoney, Neteller, Yandex, Union Pay |
| Deposit Fee: | |
| No ❌ | No ❌ |
| Minimum Deposit: | |
| $0 | $50 – $10,000 |
Education
When it comes to education, TD Ameritrade is the better option. While eToro education is good, TD Ameritrade offers a more comprehensive all-round educational portal.
| TD Ameritrade | eToro |
|---|---|
| Video Tutorials: | |
| Yes ✔️ | Yes ✔️ |
| Webinars: | |
| Yes ✔️ | Yes ✔️ |
Verdict
Is eToro better than TD Ameritrade?
eToro is the perfect broker for beginner to intermediate investors, while TD Ameritrade is suitable for advanced and professional US-Based traders.
eToro
- 0% commission on stocks
- Best Copy Trading Platform
- 2000+ Assets To Trade
- Safe & Regulated by Top-tier authorities
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. eToro USA LLC does not offer CFDs, only real Crypto assets available.
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