TradingCritique

Select Your Brokers to Compare

EToro vs Interactive Brokers

Broker Name

EToro

EToro

VS
Interactive Brokers

Interactive Brokers

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Broker Overview

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

Market maker

Market maker

Years of Existence / Established Year

2007

1993

Customer Base / Number of Accounts

20 Million

3.12M


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Regulation & Security

Regulations (governing bodies)

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

SEC, FINRA, NYSE, FCA, FINMA, CFTC, MAS, SFC, CBI, IIROC, JFSA, MiFiD

Awards Won (count for the last 2 years)

Best Cryptocurrency Platforms by Good Money guide awards

Best Online Broker for Advanced Traders in 2024, Professional Trading 2024, #1 Best Online Broker in 2023, Best for Advanced Traders, Best Online Broker in 2024, Best Stock Broker for International Trading

Security Measures

AML, ICF

SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

5545+ stocks

150 Markets including Forecast and event contracts, Spot currencies,US spot Gold, Hedge funds

Currency Pairs

Yes

Yes

Commodities

Yes

No

Indices

Yes

No

Cryptocurrencies

Yes

Yes

CFDs

Yes

No

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

No

Yes

Futures

No

Yes

Bonds

No

Yes

Mutual Funds

No

Yes

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

Web trading and Mobile trading apps

IBKR global Trader, Client Portal, Desktop, Mobile, Trader workstation, APIs, Forecast Trader, IMPACT

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Professional, Retail or Personal account, Corporate account

Individual, Joint, Trust, IRA and UGMA/UTMA Accounts, Non-Professional Advisor Accounts, Family Office Accounts, Small Business Accounts, Advisor Accounts, Money Manager Accounts, Broker & FCM Accounts, Proprietary Trading Group Accounts, Hedge Fund & Mutual Fund Accounts, Compliance Officers, Administrators, Institutional Hedge Fund Investors

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

Yes

Minimum Deposit

$50.00

$0

Leverage Available

1:2 to 1:30

10:1 to 50:1

Trade Limit (maximum per trade)

Depends on the assets class

EUR 5,000,000

Commission (per account type)

$0

$0

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

Beginners

Beginner to advanced traders


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Deposit & Withdrawal Options

Deposit Methods

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

ACH transfer, Link a new bank account, Bank wire, Transfer from wise balance, Scan a check , Mail a check, SEPA

Withdrawal Methods

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

ACH, Check, Direct debit, Transfer to wise balance, Canadian ETF transfer, SEPA

Other E-Wallets Supported

PayPal

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

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

Traders' Academy (Online Courses), IBKR Webinars, Market Insights and Analysis, Trader's University (Video Tutorials), IBKR Quant Blog (Quantitative Trading), Customer Education (Trading Guides)


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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%

IBKR Lite: Commission-free U.S. stocks, ETFs, and specific mutual funds, IBKR Pro: $0.005 per share, minimum $1 per trade

Spread (typical, fixed, variable)

Fixed

Fixed spread

Per Lot Fees

NA

NA

Options Contract Fees

$0

$0.65/contract

Futures Contract Fees

$0

$0.85

Markup Fees on Spread

1% for both opening and closing a position

$1.50

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

30:1

50:1


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Non-Trading Fees

Dormant Fees

$10/month after 12 months of inactivity

$0

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

It depends up on the account type

Swap Fees (Overnight Financing)

NA

over $10 million free

Statement or Document Fee

NA

NA

Account Opening Fee

$0

$0

Account Maintenance Fee

$0

$0

Deposit Fee

$0

$0

Currency Conversion Fee

0.75%

$0.03

Withdrawal Fee

$5 fee for withdrawals to external accounts

$10 outgoing wire transfer fee


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

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

9:30 AM - 4:00 PM ET, Monday through Friday Overnight trading hours: 8:00 PM ET - 3:50 AM ET, Sunday through Friday


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Customer Support

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

24/7

24/7

Customer Support Methods (phone, email, live chat)

Chatbot, Live chat, Ticket

Phone: 1 (888) 919-0022, E-mail: [email protected], Live chat

Support Languages

19+

33


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Additional Information

Headquarters Location

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

Greenwich, Connecticut

Complaints (for crypto brokers)

No

No


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.
While eToro maintains low trading fees with no minimum deposit, Interactive Brokers includes some charges for premium features and certain asset trades, making eToro the better option for budget-focused traders.
Creating an account with eToro is generally faster and more user-friendly, often taking just a few minutes, while Interactive Brokers requires more detailed steps and identity verification, which may suit more cautious investors.
If you're looking for platform speed and ease of execution, eToro delivers a smooth experience. Interactive Brokers, however, is tailored toward traders who want deeper analysis tools and portfolio insights.
Advanced users will enjoy eToro capabilities, but Interactive Brokers remains a favorite for its streamlined and beginner-centric approach.