Whether you want to invest in shares, ETFs, currencies or cryptocurrencies, both trading 212 vs etoro offer a range of tradable assets. But which platform is right for you? Both companies offer social and copy trading, as well as educational resources and a wide range of investment options.
Is there a better trading platform than eToro?
Both eToro and Trading 212 have simple, jargon-free order forms that allow you to buy or sell your chosen asset. The trade is then completed instantly and added straight to your portfolio. You can also filter your chosen asset class by’sector’ such as ‘Tech Stocks’, ‘Financial Stocks’ or ‘Healthcare Stocks’ to make it easier to find the asset you want.
When it comes to fees, both platforms are commission free. eToro also offers a range of other services, including the ability to copy the trades of experienced traders and the eToro Academy which provides educational resources for investors. Trading 212, on the other hand, does not have as many educational resources and instead relies on its low fees to attract investors.
Both platforms offer a good selection of payment methods, including e-wallets (Skrill and Paypal) and credit/debit cards. eToro also accepts a number of different currencies, including the South African Rand and the Euro. Both companies have a mobile app which you can use to place trades on the go. Customer support is available by phone or email. eToro has a reputation for slow response times on the Reddit forums but Trading 212 is more up to speed with its live chat service.