eToro VS TradeStation

Compare eToro VS TradeStation and see what are their differences

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eToro

The social investment network that connects traders from around the globe and enables them to share...

TradeStation

Whether you trade stocks, ETFs, options or futures, TradeStation’s award-winning tools and...

Landing page //
2018-11-11

Landing page //
2023-06-24

eToro

Website: etoro.com
Pricing URL: -
Startup details
Country: United Kingdom
City: London
Employees: 500 - 999

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TradeStation

Website: tradestation.com
Pricing URL: Official TradeStation Pricing

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eToro features and specs

User-Friendly Interface
eToro offers a highly intuitive and easy-to-use platform that appeals to both novice and experienced traders.
CopyTrader Feature
Allows users to copy the trades of successful traders, benefiting from their expertise and potentially improving their own trading outcomes.
Wide Range of Assets
eToro provides access to a broad spectrum of assets, including stocks, cryptocurrencies, forex, and commodities, enabling portfolio diversification.
Social Trading Community
Encourages interaction among users, where they can discuss strategies, share insights, and learn from each other.
Commission-Free Trading
Offers commission-free trading on stocks and ETFs, making it cost-effective for long-term investors.
Regulated and Secure
eToro is regulated by multiple financial authorities, providing a level of trust and security for users.

Possible disadvantages of eToro

High Fees for Non-Trading Activities
eToro charges relatively high fees for withdrawals and inactivity, which can eat into profits for less active users.
Forex and CFD Fees
Higher spreads and fees on forex and CFD trades compared to some other specialized brokers.
Withdrawal Processing Time
Withdrawals can take several days to process, which might be slow for users needing faster access to their funds.
Limited Research Tools
eToro's research and analysis tools are less comprehensive than those offered by other platforms, which may limit more advanced traders' needs.
U.S. Restrictions
Certain features and assets are not available to U.S. residents, limiting the platform's utility for American users.
Crypto-to-Crypto Trading Limitations
eToro offers limited options for trading cryptocurrencies directly against each other, which may not meet the needs of dedicated crypto traders.

TradeStation features and specs

Advanced Trading Tools
TradeStation offers advanced trading tools and features such as RadarScreen, OptionStation Pro, and Market Insights, which cater to professional and experienced traders.
Customizability
The platform allows users to create and customize their own trading strategies using EasyLanguage, a proprietary programming language.
Educational Resources
TradeStation provides extensive educational resources, including webinars, tutorials, and articles to help traders improve their skills.
Comprehensive Market Data
TradeStation offers access to a broad range of market data including real-time streaming quotes, market news, and charting services.
Active Trader Community
The platform has a vibrant community of active traders, allowing for the exchange of insights, strategies, and market analyses.

Possible disadvantages of TradeStation

High Cost
TradeStation comes with relatively high costs including platform fees, data fees, and commissions, which can be a barrier for beginner traders.
Complexity
The platform’s advanced features and tools can be overwhelming for beginners, creating a steep learning curve.
Limited Customer Support
Customer support options are limited, and response times can be slow, which could be frustrating for users who need immediate assistance.
Limited Asset Classes
TradeStation offers limited access to certain asset classes, particularly when compared to other platforms that provide comprehensive global market access.
Account Minimums
The platform requires minimum account balances for certain types of accounts, which might not be suitable for all traders.

eToro videos

+ Add

eToro Review 2020 - Pros and Cons Uncovered - the diary of a trader

TradeStation videos

+ Add

Trading platform: Tradestation Review 2020

Category Popularity

0-100% (relative to eToro and TradeStation)

TradeStation

Finance

79 79%

Finance

21% 21

Investing

77 77%

Investing

23% 23

Trading

79 79%

Trading

21% 21

Fintech

100 100%

Fintech

0% 0

User comments

Share your experience with using eToro and TradeStation. For example, how are they different and which one is better?

Reviews

These are some of the external sources and on-site user reviews we've used to compare eToro and TradeStation

In this article we highlighted the key differences between eToro and DEGIRO, two foreign brokers accessible to Europeans. Due to the fact that eToro has a limited number of ETFs and trades solely in US dollars with hidden fees, it's not a brokerage platform we can recommend. DEGIRO is more cost-effective than eToro if you invest in ETFs from their core selection of free...

Source: curvo.eu

Best Crypto Exchanges in Europe in 2022 (Ranked and Reviewed)

If you are a client of eToro Europe, you can withdraw some of the cryptocurrencies from the platform to the eToro money crypto wallet and transfer them somewhere else if you wish.

Source: investingintheweb.com

8 Best Business Brokerage Accounts – Corporate Trading and Investing

eToro An online Broker with +25 million users worldwide. To open a eToro business account, you will have to directly contact customer service and deposit a minimum of $10,000. Read more about eToro business accounts. Charles Schwab

Source: investingintheweb.com

6 Best Coinbase Alternatives for 2022

eToro offers crypto trading in more than 140 countries, yet its full range of supported cryptos appears limited. Check out our in-depth eToro review. It’s regulated by the UK’s FCA, ASIC, CySEC, and FINRA. Disclaimer: 78% of retail CFD accounts lose money.

Source: investingintheweb.com

6 Best Commission-Free Brokers in Europe for 2022

Founded in 2006, eToro is a well-known worldwide fintech startup and the leader in the social trading field (follow other people’s trades), with over 20 million users worldwide. You can also invest in other products such as CFDs, ETFs, stocks, commodities, Forex, and cryptocurrencies through their platform, which is intuitive and simple to use, making it a good choice for...

Source: investingintheweb.com

TradeStation Reviews

TradingView Alternatives For Budget Conscious Traders

TradeStation is a full featured platform for algorithmic trading via their API. It has all the tools to develop and execute trading strategies. It has a learning curve but TradeStation is a good environment for traders who want to automate their trading.

Source: medium.com

8 Best Business Brokerage Accounts – Corporate Trading and Investing

Yes, Tradestation also offers business brokerage accounts. It is a great broker with low fees. However, it lacks some financial products such as forex and non-US financial products like EU-listed stocks.

Source: investingintheweb.com

6 Best Options Trading Platforms in Europe and the UK (Reviewed)

Founded in 1982, TradeStation is a US broker committed to offering you the best trading experience within their rewarded platforms and brokerage services. You can trade stocks, ETFs, options, futures and crypto with competitive pricing models.

Source: investingintheweb.com

Best Online Brokers for Bitcoin Trading

TradeStation Crypto features a simple pricing structure. Account balances below $100,000 pay a 0.50% maker fee and a 0.50% taker fee. Account balances over $100,000 don’t pay a maker fee, paying either a 0.25% or 0.125% fee based on account size. At this commission rate, it would cost $5.00 to buy $1,000 worth of Bitcoin (BTC).

Source: www.stockbrokers.com

Social recommendations and mentions

Based on our record, eToro should be more popular than TradeStation. It has been mentiond 15 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

eToro mentions (15)

Warning on Gemini Exchange!
This morning I completed the signup process for etoro.com and the site even accepted my Dom. Rep. Plhone number for 2FA. Then, in looking around at the site, I found the warning that the service is not available to U.S. Citizens who are not residing in the U.S. Maybe I could have used the site and be in violation. But that's exactly what I want to avoid, having a problem and needing support, and then being told... Source: about 3 years ago
Etoro
It's a legit trading service. I've been using it for investments myself. Are you sure you're using the real etoro site? It's etoro.com. Source: over 3 years ago
Time to buy, you can get 1 million shiba for about $37
Use Webull.com or etoro.com. Both are free trading. Source: over 3 years ago
ETORO referral program! +$50 offer ($100 required) (referral code required!) 18+
Use my refer link (first 10) : https://etoro.tw/3lFOOJu . Or a friends , this one doesn't work without a referral link! , unreferral link : etoro.com, (this will not give $50). Source: over 3 years ago
A Crypto exchange like M1 Finance for stocks?
Maybe something like https://etoro.com. Source: over 3 years ago

TradeStation mentions (4)

other brokers
I'm using tradestation.com just for US stock/option/futures. Source: over 3 years ago
Is there an alternative to IB? For residents of small countries
I was looking at tradestation.com, not tradestation global, I believe they do offer their own platform. Tradestation global is an IBKR reseller, the logo on their website is a dead giveaway. Source: over 3 years ago
best broker for trading view
You would need to check with http://alpaca.markets and http://tradestation.com. Source: almost 4 years ago
Hey apes need some help here!
There's a tradestation.com and tradestation-international.com and although they both use the same logos and are probably from the same parent company, the latter has this little text on their homepage:. Source: about 4 years ago