Scores, winners and data below compare these brokers as CFD/FX brokers: leveraged trading on forex, indices, commodities and crypto. Scores, winners and data below compare these brokers as stock brokers: real shares and ETFs you own outright.
eToro
Regulated in your country eToro is allowed by ASIC to onboard clients residing in Australia.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Trading 212
Regulated in your country Trading 212 is allowed by ASIC to onboard clients residing in Australia.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Best for
What we compare A comparison of the kinds of traders eToro and Trading 212 are best suited to, based on what each one actually offers in Australia.eToro is better than Trading 212 for high-volume traders and algo traders. Both are a good fit for long-term investors, swing traders and news traders.
| Overall score | eToro 81 Best 83 Best | Trading 212 66 -15 70 -13 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise eToro and the ones that supervise Trading 212.eToro and Trading 212 are both regulated in Australia, by ASIC.
| Section score | eToro 100 100 | Trading 212 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | ||
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that eToro and Trading 212 have in place to protect your money in Australia.Both eToro and Trading 212 offer segregated client funds and two-factor authentication. eToro also offers additional money insurance.
| Section score | eToro 81 Best 81 Best | Trading 212 66 -15 66 -15 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2007 | 2004 |
| Parent company i | eToro Group Ltd | Trading 212 Group Limited |
| CEO i | Yoni Assia | Michael Byrne |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | Australian Settlements Limited | JPMorgan Chase Bank N.A. |
| Brand power | ||
| Number of customers worldwide i | 4,280,000 | 4,500,000 |
| Annual revenue i | US$1,340,000,000 | US$299,000,000 |
| Monthly website search traffic i | 13.2M monthly visits | |
Costs
What we compare A comparison of what it costs to trade with eToro and with Trading 212 in Australia, both on each trade and on holding the account.eToro is better than Trading 212 for CFD/FX costs, because eToro is cheaper on EUR/USD, at US$11.2 per lot (against Trading 212's US$13), has tighter gold CFD spreads, at 0.88 points (against Trading 212's 0.89 points), and offers volume discounts, which Trading 212 does not. Neither eToro nor Trading 212 charges inactivity fees or account maintenance fees.
Trading 212 is better than eToro for real stock costs, given that Trading 212 does not charge US stock fees (against eToro's US$4), and does not charge withdrawal fees, unlike eToro. Neither eToro nor Trading 212 charges inactivity fees or account maintenance fees.
| Section score | eToro 55 Best 76 -12 | Trading 212 42 -13 88 Best |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | Free | |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | US$11.2 | US$13 |
| S&P 500 fees (CFD) i | 1.08 points | 0.42 points |
| Gold fees (CFD) i | 0.88 points | 0.89 points |
| Bitcoin fees (CFD) i | US$1,585.8 | US$70.17 |
| US stocks fees (CFD) i | Free | |
| Fees on stocks | ||
| Stock fee type i | Commission | Free, Spread |
| US stocks fees (real) i | US$4 | Free |
| ETF fees (real) i | Free | Free |
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | ||
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | ||
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with eToro and with Trading 212 in Australia, and of how many instruments each one gives access to.eToro is better than Trading 212 for CFD/FX markets, since eToro lets you own crypto outright, which Trading 212 does not. Both eToro and Trading 212 offer CFDs on commodities, crypto, ETFs, forex, indices and stocks, and let you own ETFs and stocks outright.
eToro is better than Trading 212 for real stock markets, as eToro lets you own crypto outright, which Trading 212 does not. Both eToro and Trading 212 let you own ETFs and stocks outright, and offer CFDs on commodities, crypto, ETFs, forex, indices and stocks.
| Section score | eToro 85 Best 55 Best | Trading 212 75 -10 30 -25 |
|---|---|---|
| Total tradable symbols i | 7,000 | 10,000 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, ETF, Forex, Indices, Stocks | Commodities, Crypto, ETF, Forex, Indices, Stocks |
| Futures i | ||
| Options i | ||
| Assets you can own i | Crypto, ETF, Stocks | ETF, Stocks |
Platform
What we compare A comparison of the trading platforms that eToro and Trading 212 make available to their clients in Australia.eToro is better than Trading 212 for platforms, as eToro offers copy trading, which Trading 212 does not. Both eToro and Trading 212 offer a proprietary platform and social trading.
| Section score | eToro 84 Best 84 Best | Trading 212 81 -3 81 -3 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of eToro and Trading 212 in Australia, and of what each one lets you do from your phone.eToro is better than Trading 212 for mobile trading, because eToro offers a copy trading app, mobile charting tools and mobile drawing tools, which Trading 212 does not. eToro and Trading 212 both offer a proprietary mobile app and a social trading app.
| Section score | eToro 87 Best 87 Best | Trading 212 65 -22 65 -22 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that eToro and Trading 212 allow on their platforms in Australia.eToro and Trading 212 are equally good for CFD/FX trading features, since eToro allows for automated trading while Trading 212 allows for hedging. Both eToro and Trading 212 offer negative balance protection and trailing stops.
eToro is better than Trading 212 for real stock trading features, because eToro allows for automated trading. eToro and Trading 212 both offer trailing stops and fractional shares.
| Section score | eToro 68 85 Best | Trading 212 67 -1 82 -3 |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | Agency |
| Average execution time i | ||
| Slippage occurrence i | ||
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1 | 30:1 |
| Minor/Exotic FX pairs leverage i | 20:1 | 20:1 |
| Major indices leverage i | 20:1 | 20:1 |
| Minor indices leverage i | 10:1 | 10:1 |
| Gold leverage i | 20:1 | 20:1 |
| Commodities leverage i | 10:1 | 10:1 |
| Equities leverage i | 5:1 | 5:1 |
| Cryptocurrency leverage i | 2:1 | 2:1 |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | US$10 | US$1 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at eToro and at Trading 212 in Australia, and of who each one is meant for.eToro is better than Trading 212 for CFD/FX account types, as eToro offers a corporate account and a copy trading account, which Trading 212 does not. Both eToro and Trading 212 offer a demo account and an unlimited demo account.
eToro is better than Trading 212 for real stock account types, since eToro offers a corporate account, a copy trading account and a retirement account, which Trading 212 does not. Both eToro and Trading 212 offer a stock investing account and a demo account.
| Section score | eToro 45 Best 76 Best | Trading 212 27 -18 69 -7 |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with eToro and with Trading 212 in Australia.eToro is better than Trading 212 for account opening, since eToro supports e-wallets, which Trading 212 does not, credits deposits faster, within the same day (against Trading 212's 3 days), and offers local payment methods, which Trading 212 does not. However, the minimum deposit is lower at Trading 212, at US$1 (against eToro's US$50).
| Section score | eToro 69 Best 69 Best | Trading 212 65 -4 65 -4 |
|---|---|---|
| Minimum deposit i | US$50 | US$1 |
| Minimum withdrawal i | US$30 | US$1 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPal, Neteller, Skrill | |
| Local payment methods i | ||
| Account base currencies i | USD, AUD | AUD, EUR, USD, GBP |
| Deposit waiting time i | Instant | up to 3 business days |
| Withdrawal waiting time i | up to 7 business days | up to 2 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of eToro and Trading 212 in Australia, in how it can be reached and how fast it answers.eToro is better than Trading 212 for customer care, because eToro offers a dedicated account manager, phone support and priority support, which Trading 212 does not. Both eToro and Trading 212 offer live chat and email support.
| Section score | eToro 78 Best 78 Best | Trading 212 54 -24 54 -24 |
|---|---|---|
| Number of languages supported i | 7 | 11 |
| Website languages i | Arabic, German, English, French, Italian, Spanish, Chinese | Arabic, German, English, French, Italian, Dutch, Polish, Romanian, Russian, Spanish, Chinese |
| Website available in English i | ||
| Customer support languages i | English | English |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that eToro and Trading 212 provide to their clients in Australia.eToro is better than Trading 212 for learning, as eToro offers education for advanced traders, webinars and professional reports, which Trading 212 does not. Both eToro and Trading 212 offer education for beginners and an education center.
| Section score | eToro 96 Best 96 Best | Trading 212 43 -53 43 -53 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
eToro vs Trading 212: which one should you choose?
eToro
CFD/FX Choose eToro if you want a CFD broker for automated trading, with copy and social trading.
Stocks Choose eToro if you want a broker for securities investing with crypto to own.
Open Account CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Trading 212
CFD/FX Choose Trading 212 if you want a forex brokerage service with a small minimum deposit and fast withdrawals.
Stocks Choose Trading 212 if you want a share dealing service with commission-free US stocks and a small minimum deposit.
Open Account CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.Other popular comparisons
Below are other head-to-head comparisons that include eToro or Trading 212, each scored with the same data and method as this page.
