Freetrade vs eToro

Freetrade or eToro – which is better for UK traders 2022? Compare Freetrade and eToro in this detailed breakdown of their platforms, features and fees.

Freetrade vs eToro Comparison Table 2022
Freetrade eToro
Review
Review
Freetrade offers an exclusive mobile app for trading in shares and ETFs with a strong online community. eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
FCA Regulated
✓ Yes ✓ Yes
Awards
  • Best Online Trading Platform 2020 - British Bank Awards
  • Best Share Trading Platform 2019 - British Bank Awards
  • People’s Choice 2019 - Good Money Guide
  • Best New Investment Service 2019 - Consumer Investment Awards
Instruments
Stocks, ETFs Stocks, CFD, Forex, Crypto
Bonus Offer
None None
Demo Account
✗ No ✓ Yes
Minimum Deposit
$0 $200 ($50 in US, $10 in UK)
Payment Methods
Apple Pay, Wire Transfer Apple Pay, Bitcoin Payments, BPAY, Debit Card, Diners Club, Dragonpay, JCB Card, Neteller, PayPal, Perfect Money, Rapid Transfer, Skrill, Swift, UnionPay, Venmo, Visa, Webmoney, Wire Transfer, Yandex Money
Minimum Trade
£2 $1
Regulator
FCA FCA, CySEC
MetaTrader 4
✗ No ✗ No
MetaTrader 5
✗ No ✗ No
cTrader
✗ No ✗ No
DMA Account
✗ No ✗ No
ECN Account
✗ No ✓ Yes
Mobile Apps
Yes iOS, Android and Windows
Auto Trading
✗ No Automate your trades via Copy Trading - Follow profitable traders. Open and close trades automatically when they do.
Trade Signals
✗ No via Copy Trading
Social Trading
✗ No ✓ Yes
Copy Trading
✗ No ✓ Yes
Islamic Account
✗ No ✓ Yes
CFD
CFD trading not offered
Leverage
1:30
FTSE Spread
1 pt
GBPUSD Spread
2 pips
Oil Spread
5 pts
Stocks Spread
0.24% Var
Forex
Forex trading not offered
GBPUSD Spread
2 pips
EURUSD Spread
1 pips
EURGBP Spread
1.5 pips
Assets
50+
Forex App

eToro bring their social trading platform to your mobile, enabling you to Copy trades, manage your account and invest via Android or iOS. Trade the biggest global stocks from the palm of your hand.
Cryptocurrency
Crypto trading not offered eToro lead the way in Crypto trading. The lowest spreads (from 1% for BTC), their own wallet service and the largest number of Cryptos to trade. FCA Regulated.
Spread
BTC <1%, ETH 2%
Coins
BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM, EOS, NEO, ZEC, BNB, VET
Freetrade eToro
Review
Review
68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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