Trading 212 Vs eToro
Trading 212 vs etoro and eToro are two popular multi-asset investment platforms, both of which offer social and copy trading as well as a huge range of assets. Both of them have their merits and drawbacks, and deciding which one is better for you will ultimately come down to your individual requirements and preferences.
eToro is more established than trading 212, having been founded in 2006, but the latter has made rapid progress and now has a substantial user base of its own. It specialises in cryptocurrencies and’social trading’, and is an FCA-regulated firm.
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Both of these platforms have extensive ranges of stocks, forex, commodities and indices. They also both have excellent educational materials and a variety of charting tools. Nevertheless, there are some notable differences between them, particularly in terms of their fees.
In general, eToro charges slightly less for stock CFDs but more for forex trades. On the other hand, trading 212 offers free stock trades for real assets (stocks, ETFs and cryptocurrencies) and doesn’t charge any withdrawal or inactivity fees.
Both of these brokers are good choices for beginners as they’re both zero fee investing platforms. However, if you’re interested in social and copy trading, eToro is the better choice as it has an extensive community and more research tools. In terms of customer support, eToro receives criticism from the community for its sluggish web ticketing system, while trading 212 has round-the-clock email and live chat support. However, if you’re looking to hold your shares within an ISA, trading 212 has the advantage here as it provides a stocks and shares ISA account.
Trading 212 vs etoro and eToro are two popular multi-asset investment platforms, both of which offer social and copy trading as well as a huge range of assets. Both of them have their merits and drawbacks, and deciding which one is better for you will ultimately come down to your individual requirements and preferences. eToro…