Compare Brokers
We help you pick the best broker for your needs with our broker comparison tool. Select 2 brokers and see exactly what makes them different.
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eToro USA
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Firstrade
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eToro is a platform for social investing that provides options for both short and long-term trading on stocks, ETFs, options, and crypto. The platform is recognized for its easy-to-use, community-oriented interface and reasonable fees. With oversight from FINRA and SIPC, and used by millions globally, eToro is a reputed name in the industry. Trading on eToro is facilitated by eToro USA Securities, Inc. | Firstrade is a US-based discount broker-dealer authorized by the SEC and a member of FINRA/SIPC. It offers welcome bonuses, advanced tools and apps, and commission-free trading. Firstrade Securities is a popular top online brokerage, and opening a new account is fast and simple. | |
| Instruments | Stocks, Options, ETFs, Crypto | Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed |
| Demo Account | ✓ | ✗ |
| Minimum Deposit | $100 | $0 |
| Trading Platforms | eToro Trading Platform & CopyTrader | Firstrade Invest 3.0, TradingCentral |
| Payment Methods | ACH Transfer, Debit Card, PayPal, Wire Transfer | ACH Transfer, Automated Customer Account Transfer Service, Cheque, Wire Transfer |
| Minimum Trade | $10 | $1 |
| Regulator | SEC, FINRA | SEC, FINRA |
| Account Currencies | USD | USD |
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| Mobile Apps | iOS & Android | iOS & Android |
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| Margin Trading | ✓ | ✓ |
| Margin Rate | 8.33% | 4.50% |
| AI / Machine Learning | ✗ | ✗ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✗ | ✗ |
| Market Maker | ✗ | ✓ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✗ | ✗ |
| Auto Trading | ✗ | |
| Copy Trading | ✓ | ✗ |
| Copy Trading Platform | With eToro US's top copy trading service, you can replicate the positions and strategies of up to 100 traders. eToro offers more portfolio control than many rivals, letting you stop or pause a copied trade anytime. Pricing is competitive, needing just $1 to copy a position. eToro copy trading is only for crypto. | |
| Social Trading | ✓ | ✗ |
| Trade Signals | ✗ | |
| VPS Hosting | ✗ | ✗ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✗ | ✗ |
| Ethical Investing | ✓ | ✗ |
| Custodial Account | ✗ | ✓ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $10 | $0 |
| Islamic Account | ✗ | ✗ |
Cryptocurrency Trading | ||
eToro US provides 24 cryptoassets for trading, charging only a 1% fee plus the spread. The broker also offers 80 different coins through its wallet service. Switch between live and demo modes to practice crypto strategies. Cryptocurrency investing involves high volatility and is unregulated. Taxes on profits may apply. | Trade a wide range of top cryptocurrencies with low fees available 24/7. Traders only need $1 to start trading popular tokens like Bitcoin. Clients can also purchase cryptos instantly with a few easy steps. | |
| Crypto Spread | BTC 0.75% | Variable |
| Crypto Coins | BTC, ETH, BCH, DASH, LTC, ETC, MIOTA, XLM, EOS, NEO, ZEC, XTZ, MKR, COMP, LINK, UNI, YFI, DOGE, AAVE, ALGO, MANA, ENJ, BAT, MATIC, FLR, SHIBxM | ALGO, AVAX, BAT, BTC, BCH, ADA, LINK, ATOM, CRO, CRV, MANA, DOGE, ETH, ETC, FTM, LTC, LRC, MATIC, REN, SHIB, SOL, XLM, SUSHI, GRT, UNI, YFI |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |