eToro vs TD Ameritrade

We will compare eToro to TD Ameritrade on this page. This comparison goes over the pros and cons of both TD Ameritrade and eToro.

TD AmeritradeeToro
TD Ameritrade Logo
TD Ameritrade is a online broker, based in Westlake, Texas, founded in 1971. TD Ameritrade offers trading of financial securities to its clients. The company is owned by Charles Schwab Corporation.
comparison etoro logo
eToro is a social/copy trading platform, offering a wide range of markets, along with 0% commission on stocks. They are regulated in top-tier jurisdictions.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. eToro USA LLC does not offer CFDs, only real Crypto assets available.
Year founded:
19712006
Regulated by:
SEC, IIROC, SFC, MAS, FCA, CFTCFinCEN, FCA, MiFID, CySec, ASIC
Headquarters:
Westlake, TexasLondon UK, Limassol Cyprus, Sydney Australia, USA
Is a Bank:
NoNo
Demo Account:
Yes ✔️Yes ✔️
Minimum Deposit:
$0$50 – $10,000
Minimum Trade:
varies$25 – $1,000
Islamic Account:
NoYes ✔️
Social/Copy Trading:
YesYes ✔️
Spread Betting:
NoNo ❌
Excluded countries:
Australia, Canada, Germany, India, Ireland, Japan, Netherlands, South Africa, United Arab Emirates, United Kingdom and More133

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Types of Products And Markets Available

When it comes to markets and investment products available, TD Ameritrade is the better choice. You have many options available, including managed portfolios.

Etoro is the better choice for social/copy trading, being the best in the industry in this division. If you live outside the USA, eToro is better.

TD AmeritradeeToro
Markets Available:
Stocks, Options, ETFs, Mutual Funds, Futures, Forex, Cryptocurrency, Managed Portfolios, Bonds, Annuities, IPOsStocks (real), Commodities (CFD), Indices (CFD), Currencies (CFD), Cryptoassets (real and CFD)
CFDs Total
Yes ✔️Yes ✔️
2386
Forex Pairs
Yes ✔️Yes ✔️
49
Stocks
Yes ✔️Yes ✔️
2106
Cryptocurrencies
YesYes ✔️
16
Commodities
Yes ✔️Yes ✔️
31
ETFs
Yes ✔️No
Options
Yes ✔️No ❌
EFPs
Yes ✔️No ❌
Mutual Funds
Yes ✔️No❌
Robo Portfolios
Yes ✔️No ❌

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Trading Platforms

TD Ameritrade is better for advanced functionality and is available in both English and Chinese. They offer better execution and research for trading complex instruments. If you you want a user-friendly platform, eToro is the better choice.

In a nutshell, TD Ameritrade is better for advanced traders, while eToro is better for beginner to intermediate traders.

TD AmeritradeeToro
Proprietary Platform:
Yes (ThinkorSwim)Yes ✔️
Desktop Platform:
Yes ✔️No ❌
Mobile App:
Yes ✔️
iOS, Android
Yes ✔️
iOS, Android
Web Trading Platform:
Yes ✔️Yes ✔️
MetaTrader:
NoNo
cTrader:
NoNo
Mirror Trader:
NoNo
Zulu Trade:
NoNo
Dupli Trade:
NoNo

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Fees

Comparing the fees of both, eToro is great for stock trading as it offers 0% commissions. TD Ameritrade has overall low trading fees and low non-trading fees along with free stock and ETF trading.

TD AmeritradeeToro
Trading Fees:
Yes
Varies
Yes
0% Commission on stocks
Spread Varies
Deposit Fees:
NoNo
Withdrawal Fees:
$0$5 (Bank Transfer)
$5 (Credit Cards, eWallets)
Overnight Funding:
NoYes
Inactivity Fee:
NoYes
$10/month

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Customer Support

Customer support is better at TD Ameritrade. eToro customer support is known for being slow to respond.

TD AmeritradeeToro
eMail:
Yes ✔️Yes ✔️
Online Chat:
Yes ✔️Yes ✔️
Phone Support:
Yes ✔️No
Languages:
Multiple15

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Account Funding

Account funding is good at both brokers, however eToro has more deposit options.

TD AmeritradeeToro
Deposit Methods:
Credit card, Debit card, or Bank TransferVisa, MasterCard, Skrill, Neteller
Deposit Fee:
No ❌No ❌
Minimum Deposit:
$0$50 – $10,000

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Education

When it comes to education, TD Ameritrade is the better option. While eToro education is good, TD Ameritrade offers a more comprehensive all-round educational portal.

TD AmeritradeeToro
Video Tutorials:
Yes ✔️Yes ✔️
Webinars:
Yes ✔️Yes ✔️

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Verdict

Is eToro better than TD Ameritrade?

eToro is the perfect broker for beginner to intermediate investors, while TD Ameritrade is suitable for advanced and professional US-Based traders.

Read more eToro Comparisons:

About the author

Ziga Breznik is the owner and head of research at PublicFinanceInternational.org – he is an active investor in the forex, crypto and stock markets – he has seen trading platforms disappear along with his investments – especially during the “crypto boom”. Ziga learned the hard way that finding a reputable and trustworthy online brokerage is key to long-term success in the financial markets. He founded PublicFinanceInternational.org as a platform where he shares his research with one goal in mind: to provide unbiased and trustworthy online brokers reviews.