eToro vs Trading 212

A comparison review of the two largest brokerage platforms in the UK, eToro and Trading 212.

Rebecca Davis
Peer Reviewed
Updated on 
Sep 14, 2022
Affiliate Disclosure

Summary: eToro is the world's largest multi-asset investing and trading platform with over 20 million users in 140 different countries. The exchange has been operating for over 15 years, which is still shorter than Trading 212, founded in 2004. Making it the world's oldest investing and trading platform. The exchange has over 15 million users in over 100 countries.

In this guide, we outline what features, security, assets, support and mobile applications both platforms have to offer. We compare each exchange and highlight a winner in the above mentioned categories. eToro is the better platform as it is more secure, has lower fees and offers significantly more asset classes.

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Is eToro better than Trading 212?

For a quick summary, yes eToro is better than Trading 212. eToro is the world's largest and most secure multi-asset investing platform. It is regulated and licensed to operate in over 140 countries by multiple regulatory authorities like the FCA, FINRA, ASIC and CySEC. In its 15 years of operating, it has never been subjected to any form of cyber attack or hacking incident.

Additionally, it allows its users to invest in a myriad of asset classes whereas Trading 212 only offers three asset types. For a comprehensive breakdown of eToro and its fees, features, security and assets, you can visit our eToro Review.

eToro Exchange.
eToro Exchange.

eToro vs Trading 212: Features

eToro is considered a ‘social trading platform’ and offers unique features like copy trading, cryptocurrency staking, an in-built social media platform, a virtual trading platform with paper money, a professional and beginner platform, eToro Academy and trading on multiple assets.

Trading 212 offers a customisable platform that is well suited for beginners and experienced traders. But does not offer any additional features besides its trading and investing platform.

Winner: eToro offers a myriad of features on its platform to increase user engagement, whereas Trading 212 only operates as a traditional broker.

eToro CopyTrading Feature.
eToro CopyTrading Feature.

What assets can I buy on eToro and Trading 212

eToro allows its users to invest in the following asset classes; shares, ETFs, commodities, fiat currencies, indices and cryptocurrencies. In total, eToro offers over 9000 assets through its platform.

Trading 212 offers similar products and supports shares, ETFs, forex and indices. The total number of assets Trading 212 has to offer is over 10,000.

Winner: eToro supports more asset classes, although Trading 212 does have more overall assets.

Which platform has lower fees?

eToro offers the lowest available fees out of any online brokerage platform. The platform offers free/instant deposits for any currency and only charges a small $5 withdrawal fee. There are no brokerage fees to buy shares or ETFs on eToro, it is completely free. The only additional fee eToro has is a $10 monthly inactivity fee when you don’t use the exchange for over 12 months.

Trading 212 on the other hand doesn’t charge deposits for bank transfers but there is a 0.7% charge for cards, and there is no withdrawal fee. The forex charge is 0.15% and there are no fees to invest in shares or ETFs, similar to eToro.

Winner: eToro offers the lowest overall fees, however, both exchanges offer competitively low fees.

eToro Fees Schedule.
eToro Fees Schedule.

Is eToro safer than Trading 212?

eToro is widely regarded to be the most secure exchange in the world as it has acquired licenses and is regulated in the largest amount of countries. Additionally, it has never been cyber-attacked, proving it’s battle-tested. It offers high-security measures and all of eToro's funds are secured and insured by tier 1 banks.

Trading 212 is regulated in England and Wales by the FCA under registration number 609146. Additionally, all client’s funds are kept separately in segregated bank accounts. Unfortunately Trading 212 was subject to a hacking incident in 2021, but has since recovered its stolen funds.

Winner: eToro has more security measures in place to prevent attacks and has never been hacked in over 15 years.

Can I use eToro and Trading 212 on mobile?

eToro is available to download as a mobile app on both iOS and Android. The eToro app is ranked #55 overall in the Finance category on the Apple app store, and is rated 4.3 stars from 5K reviews. On the Google Play store it is rated 4.2 stars from 120K reviews.

Trading 212 is also available to download on both iOS and android devices. It is ranked higher than eToro in the Finance category at #35, and it is rated 4.5 stars from 170K reviews on the Apple app store. On Google Play it is rated a lower 3.5 stars from 120K reviews

Winner: Trading 212 is ranked higher than eToro on the Apple store and overall has more reviews.

Trading 212 Mobile App iPhone Screenshot.
Trading 212 Mobile App iPhone Screenshot.

Does Trading 212 have better support than eToro?

eToro’s customer support team can be reached 24/7 via live chat, email, phone and through its online ticketing system. In addition to contact through the platform, you can also reach support via social media on Twitter, Facebook, Instagram, YouTube & LinkedIn.

Trading 212 also offers support via email but cannot be reached via chat or phone. It also offers an online ticketing system in addition to its social media presence on Twitter, Facebook, Instagram & YouTube

Winner: eToro offers more instant customer support options and is available in more online communities.

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