EToro vs Freetrade : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

EToro

Freetrade

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

STP broker

Years of Existence / Established Year

2007

2016

Customer Base / Number of Accounts

20 Million

1.5 M

Regulation & Security

Regulations (governing bodies)

FCA, CySEC, MFSA, ADGM, ASIC, FSA, FINRA, SEC

FCA

Awards Won (count for the last 2 years)

Best Cryptocurrency Platforms by Good Money guide awards

Best Online trading platform 2024

Security Measures

AML, ICF

Yes

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

5545+ stocks

6200+ U.S Treasury Bills, Investment trust

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Futures

Bonds

Mutual Funds

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Yes

Equities

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Web trading and Mobile trading apps

Freetrade web and mobile trading platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Professional, Retail or Personal account, Corporate account

General investment account, Stocks and shares ISA, Personal pension account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$50.00

Leverage Available

1:2 to 1:30

100:1

Trade Limit (maximum per trade)

Depends on the assets class

depends on asset class

Commission (per account type)

Best Suited For (e.g., beginners, experienced traders)

Beginners

Beginners to experienced traders

Deposit & Withdrawal Options

Deposit Methods

Debit card, Online banking, Wire transfer, e-Wallets

Bank transfer, debit card, Apple pay, google pay

Withdrawal Methods

Debit card, Online banking, Wire transfer, e-Wallets

Linked bank account

Other E-Wallets Supported

PayPal

Apple pay , google pay

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

eToro Guides and eBooks, Crypto and Trading Courses, Trading Academy, Market News and Analysis, Webinars

Learn (Trading Education), Freetrade Blog (Market Insights), Webinars, Investing Guides, Video Tutorials, Community Forum

Fees & Commissions

Trading-Related Fees

Stocks- $1 or $2, Commission- $0, ETFs-$0, Spread-0, Crypto-2% of the transaction size; Minimum: $1 to Maximum: $100, CFD(Stocks and EFTs)- 0.15%, Crypto CFDs: 1%

FX fee of 0.59%

Spread (typical, fixed, variable)

Fixed

Variable

Per Lot Fees

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

1% for both opening and closing a position

Guaranteed Stop Loss Fees

Maximum Leverage

30:1

100:1

Non-Trading Fees

Dormant Fees

$10/month after 12 months of inactivity

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

£10.97

Deposit Fee

£5

Currency Conversion Fee

0.75%

Exchange rate + 0.99%

Withdrawal Fee

$5 fee for withdrawals to external accounts

£5

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Trading Hours

Trading Hours (for each asset class if applicable)

9:30am ET until 4pm during normal business days

Monday to Friday: 8:00 AM - 4:30 PM GMT Monday to Friday: 9:30 AM - 4:00 PM ET (2:30 PM - 9:00 PM GMT) European Market Hours- Monday to Friday: 9:00 AM - 5:30 PM CET (8:00 AM - 4:30 PM GMT)

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24/5

Customer Support Methods (phone, email, live chat)

Chatbot, Live chat, Ticket

Help hub, community forum, E-mail, Social media

Support Languages

19+

Additional Information

Headquarters Location

4th floor, One Canada Square Canary Wharf London, E14 5AB United Kingdom

Level 2, The Truman Brewery, 91 Brick Lane, London, England, E1 6QL

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

If minimizing trading costs is your top priority, eToro might be more attractive due to its lower commissions. Meanwhile, Freetrade justifies its moderate fees with more robust tools and professional-grade features.

eToro offers a quick and paperless account setup that appeals to traders on the go, whereas Freetrade more involved onboarding process adds an extra layer of safety and regulatory checks.

If you're looking for platform speed and ease of execution, eToro delivers a smooth experience. Freetrade, however, is tailored toward traders who want deeper analysis tools and portfolio insights.

eToro caters to serious traders who value advanced features, whereas Freetrade appeals to beginners due to its user-friendly platform.

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