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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Trade Nation
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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. | Trade Nation is a leading foreign exchange and contract for difference broker regulated in various areas including the UK and Australia. This company provides affordable fixed and variable spreads on over 1000 assets and strong trading platforms and educational resources. Traders could use the Signal Centre for trading ideas. | |
| Instruments | Stocks, Options, ETFs, Crypto | Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Spread Betting, Cryptos (Bahamas Entity Only) |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $100 | $0 |
| Trading Platforms | eToro Trading Platform & CopyTrader | TN Trader, MT4 |
| Payment Methods | ACH Transfer, Debit Card, PayPal, Wire Transfer | Credit Card, Debit Card, Mastercard, PayPal, Skrill, Visa, Wire Transfer |
| Minimum Trade | $10 | 0.1 Lots |
| Regulator | SEC, FINRA | FCA, ASIC, FSCA, SCB, FSA |
| Account Currencies | USD | USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK |
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| Mobile Apps | iOS & Android | iOS & Android |
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| Margin Trading | ✓ | ✓ |
| Margin Rate | 8.33% | |
| Account Types | STP | |
| AI / Machine Learning | ✗ | ✗ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✗ | ✓ |
| Market Maker | ✗ | ✓ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✗ | ✓ |
| Auto Trading | ✗ | Expert Advisors (EAs) on MetaTrader |
| 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. | Trade Nation Seychelles provides signals and copy trading options. These tools are beneficial for new traders and those who prefer a less active role in online trading. You can use the knowledge of experienced traders to speculate on major financial markets such as forex, stocks, and commodities. |
| Social Trading | ✓ | ✗ |
| Trade Signals | ✗ | ✓ |
| VPS Hosting | ✗ | ✗ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✗ | ✗ |
| Ethical Investing | ✓ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $10 | $0 |
| Islamic Account | ✗ | ✓ |
CFD Trading | ||
Trade CFDs with leverage on more than 1000 assets at low-cost spreads. Use the broker's signals to know when to start and stop trades. | ||
| Leverage | 1:500 (entity dependent) | |
| FTSE Spread | From 0.4 | |
| GBPUSD Spread | From 0.6 | |
| Oil Spread | From 3.0 | |
| Stocks Spread | $0 | Variable |
Forex Trading | ||
Trade Nation provides more than 30 popular forex pairs with flexible spreads. Traders can utilize a streamlined proprietary platform or MetaTrader 4, and they're provided real-time forex market updates and insights through 'Smart News'. | ||
| GBPUSD Spread | Variable | |
| EURUSD Spread | Variable | |
| EURGBP Spread | Variable | |
| Assets | 33 | |
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. | The broker's Bahamas division offers cryptocurrencies. Traders can use thousands of indicators to customize their crypto trading tactics, with no hidden fees. | |
| Crypto Spread | BTC 0.75% | Fixed |
| 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 | BTC, ETH, LTC |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |