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tastytrade vs eToro 2025

StockBrokers.com

Written by StockBrokers.com

March 11, 2025

In this head to head comparison of tastytrade vs eToro, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

tastytrade
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.50 info
eToro
3.5/5 Stars Overall
  • Minimum Deposit: $50.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.00

Range of investments

When comparing online brokers tastytrade and eToro, it's clear that each platform has its strengths depending on your investment priorities. Tastytrade offers a more extensive range of investment options overall, especially for those interested in margin and futures trading, with an edge in retirement account offerings like Traditional and Roth IRAs. eToro, on the other hand, shines in the realm of cryptocurrency, providing access to a wider selection of coins. The overall user ratings for their range of investments reflect these differences, with tastytrade receiving 4 stars and being ranked 10th out of 15 brokers, while eToro garners 2.5 stars and is ranked last at 15th, suggesting a narrower scope in investment opportunities.

Stock trading is a service provided by both tastytrade and eToro, allowing investors on either platform to buy and sell shares. Both also offer fractional shares trading, which is perfect for those looking to invest in high-priced stocks with smaller amounts of money. Options trading is available on both platforms, catering to a range of investment strategies. However, tastytrade pulls ahead with margin and futures trading options, services that eToro does not provide. Neither platform offers Over-the-Counter (OTC) stocks or mutual funds, which may prompt users seeking these opportunities to explore other brokers.

In the cryptocurrency sector, eToro offers significantly more choices, with access to 26 different coins compared to tastytrade’s limited selection of just four. This wider selection positions eToro as a preferable choice for crypto enthusiasts. However, when considering retirement accounts, tastytrade is the better option, offering both Traditional and Roth IRA accounts, services eToro does not provide. Ultimately, your choice between tastytrade and eToro will depend on which financial instruments and features align best with your investment strategy and goals.

Feature tastytrade logotastytrade
eToro logoeToro
Stock Trading info Yes Yes
Margin Trading info Yes No
Fractional Shares info Yes info Yes
OTC Stocks info No No
Mutual Funds info No No
Options Trading info Yes Yes
Futures Trading info Yes No
Crypto Trading info Yes Yes
Crypto Trading - Total Coins info 4 26
Range of Investments 4/5 Stars 2.5/5 Stars

Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025

Trading platforms and tools

When weighing the trading platforms and tools of tastytrade and eToro, tastytrade emerges as the more highly rated choice, scoring 4 out of 5 stars compared to eToro's 2.5-star rating. Ranked #8 by StockBrokers.com among 15 brokers, tastytrade provides a wider array of features that cater to experienced traders seeking a comprehensive toolset. In contrast, eToro holds a #12 ranking, offering a more limited range yet providing unique features such as paper trading. Ultimately, the decision hinges on personal trading needs and preferences.

Tastytrade stands out with its downloadable platforms available for both Windows and Mac, offering flexibility for PC and Mac users. Their platform is rich with features, including 308 technical indicators, custom study creation, and the ability to adjust open orders directly on stock charts. These elements, coupled with 33 watchlist columns, provide a nuanced trading experience. Although lacking in paper trading, the platform excels in charting tools, providing 31 drawing tools and additional features like historical trades and corporate events directly on charts.

eToro, on the other hand, excels in providing a browser-based platform that simplifies navigation for casual traders and beginners. Although it doesn’t offer downloadable platforms, it compensates with useful tools like paper trading, aiding novice traders in honing their skills without financial risk. With 46 technical indicators and 48 drawing tools, eToro caters to traders in need of essential charting functionalities. While falling short in the ability to adjust open orders on charts, it maintains essential features like note taking and index overlays. For those interested in simplicity and practice modes, eToro remains a viable option.

Feature tastytrade logotastytrade
eToro logoeToro
Web Trading Platform info Yes Yes
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Paper Trading info No Yes
Watch Lists - Total Fields info 33 7
Charting - Indicators / Studies info 308 46
Charting - Drawing Tools info 31 48
Platforms & Tools 4/5 Stars 2.5/5 Stars

Dive deeper: Best Online Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025

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Beginners and education

When comparing tastytrade and eToro for their educational resources geared towards beginners and investors, tastytrade emerges as a versatile platform, offering a comprehensive range of educational materials in stocks, ETFs, and options. While they do not offer paper trading or educational videos, they compensate with informative webinars and a learning progress tracking feature that can be quite helpful for beginners looking to measure their improvement. In terms of educational ratings and rankings, tastytrade scores a solid 4 out of 5 stars and holds the 10th spot out of 15 brokers rated by StockBrokers.com for education.

On the other hand, eToro caters to novice investors with strengths in offering stock education and the added benefit of paper trading, which allows users to gain practical experience by simulating trades without financial risks. Although eToro lacks educational content on ETFs and options, as well as webinars or the ability to track learning progress, they provide a library of educational videos to get beginners started. However, eToro only manages a 2.5-star rating for education and ranks 15th in the StockBrokers.com list. Thus, while eToro has user-friendly features, it may fall short for those seeking a deeper dive into diverse educational content.

Feature tastytrade logotastytrade
eToro logoeToro
Education (Stocks) info Yes Yes
Education (ETFs) info Yes No
Education (Options) info Yes No
Education (Mutual Funds) info No No
Education (Bonds) info No No
Paper Trading info No Yes
Videos info No Yes
Webinars info Yes No
Education 4/5 Stars 2.5/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

When it comes to online stock trading apps, both tastytrade and eToro shine in their unique ways. While both platforms offer apps compatible with iOS and Android devices, tastytrade edges ahead slightly with its customizable watch list columns and chart viewing options like landscape mode. On the other hand, eToro impresses with its comprehensive charting capabilities, boasting 103 technical studies compared to none for tastytrade. Despite these differences, both apps are rated 4.5 stars for their app capabilities, highlighting their excellence in serving stock traders' needs.

For those interested in post-market activities, both tastytrade and eToro support after-hours stock trading and charting. However, eToro further enhances the user experience with added features like on-demand videos and stock alerts, which tastytrade currently lacks. Traders who prioritize timely notifications and educational content may find eToro more aligned with their expectations.

Ultimately, while tastytrade offers more customizable interface options and eToro provides an extensive array of charting tools and educational resources, both platforms bring valuable features to the table for stock traders. Their equal star ratings suggest that user satisfaction levels are quite similar, even as they cater to different preferences in the trading community. Whether you choose tastytrade or eToro, you can expect a high-quality trading experience tailored to mobile users.

Feature tastytrade logotastytrade
eToro logoeToro
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info No No
Stock Alerts info No Yes
Charting - After-Hours info Yes Yes
Charting - Technical Studies info 0 103
Mobile Trading Apps 4.5/5 Stars 4.5/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

When comparing tastytrade and eToro, it's clear that both platforms provide competitive pricing in the world of online trading, but they cater to slightly different needs. Tastytrade shines with a $0 minimum deposit and free regular stock trades, making it accessible for new investors, though it's not as generous with its options contracts, charging $0.50 each. eToro also offers free stock trades but requires a $50 minimum deposit, though it stands out by charging nothing for options contracts.

For margin trading enthusiasts, tastytrade has a comprehensive tiered structure for its interest rates, which start at 11% for margins below $25,000, accommodating different levels of investment. eToro does not offer margin trading, which may be a deciding factor for those looking to leverage their trades. Both platforms charge a standard rate for account transfers, whether partial or full, at $75, making them equal in this aspect.

In terms of specific fees, while tastytrade charges nothing for IRA annual fees, it does impose a $60 fee for IRA closure. eToro doesn't offer information on IRA fees, which might indicate limited retirement account facilities. Furthermore, the exercise and assignment fees for options are another area where tastytrade incurs charges of $5.00 each, whereas eToro impressively offers these services at no cost.

Feature tastytrade logotastytrade
eToro logoeToro
Minimum Deposit info $0.00 $50.00
Stock Trades info $0.00 $0.00
Options (Per Contract) info $0.50 info $0.00
Options Exercise Fee info $5.00 $0.00
Options Assignment Fee info $5.00 $0.00
IRA Annual Fee info $0.00
IRA Closure Fee info $60.00

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

When choosing an online broker for day trading, tastytrade and eToro each bring unique features to the table. Tastytrade shines with its streaming live TV, which can be a helpful tool for traders seeking up-to-date news and insights. Additionally, tastytrade supports ladder trading, a feature favored by those who want to see and manage trades on a price tier display. Furthermore, it offers a short locator tool, which can assist day traders in finding real-time short selling opportunities. However, tastytrade falls short by not offering streaming time and sales for stocks, direct market routing, trading hotkeys, or level 2 quotes, which some day traders might find critical. It also lacks in providing any form of strategy backtesting and liquidity rebates.

On the other hand, eToro might attract traders who value access to streaming time and sales for stocks, a handy feature for viewing real-time transaction data. Despite this, eToro does not provide streaming live TV or ladder trading, which could be a dealbreaker for some. Similar to tastytrade, eToro also does not have options for direct market routing, trading hotkeys, level 2 quotes, strategy backtesting, or liquidity rebates. Additionally, it lacks a short locator tool, potentially putting traders at a disadvantage when trying to capitalize on short selling. Ultimately, the choice between tastytrade and eToro will depend on which platform's offerings align best with an individual trader's specific needs and trading style.

Feature tastytrade logotastytrade
eToro logoeToro
Streaming Time & Sales info No Yes
Streaming TV info Yes No
Direct Market Routing - Stocks info No No
Level 2 Quotes - Stocks info No No
Trade Ideas - Backtesting info No No
Trade Ideas - Backtesting Adv info No No
Short Locator info Yes No

Dive deeper: Best Day Trading Platforms for 2025

Market Research

When comparing tastytrade and eToro for their market research capabilities, it's evident that both platforms offer limited but specific resources tailored for traders and investors. Neither broker provides mutual funds, Pink Sheets, bonds research, or downloadable PDF reports, keeping their focus primarily on stock and ETF research, yet both fall short in delivering extensive research tools. As a result, both tastytrade and eToro receive a modest 1.5 stars in market research ratings by StockBrokers.com, with tastytrade ranked slightly higher at #13 compared to eToro's #14.

Tastytrade provides users the ability to see portfolio allocation by asset class, an aspect that eToro lacks. This feature can be quite beneficial for investors who want to maintain a diversified portfolio. However, when it comes to leveraging modern data sources, eToro takes a step forward by offering stock research using social media sentiment data and providing ESG research, which tastytrade does not offer. This emphasis on more contemporary data approaches may appeal more to those interested in the latest market trends and social-driven insights.

Despite these relative strengths, both brokers share several limitations, including the absence of stock and ETF screeners for generating trade ideas, which can be a significant downside for proactive traders. Additionally, neither platform provides downloadable research reports for any security type, nor do they cater to mutual funds or bond investors, making them less ideal choices for those in need of comprehensive research resources. As such, investors should carefully consider their own research needs and weigh these factors when deciding between tastytrade and eToro.

Feature tastytrade logotastytrade
eToro logoeToro
Research - Stocks info Yes Yes
Screener - Stocks info No No
Research - ETFs info Yes Yes
Screener - ETFs info No No
Research - Mutual Funds info No No
Screener - Mutual Funds info No No
Research - Bonds info No No
Screener - Bonds info No No
Research 1.5/5 Stars 1.5/5 Stars

Banking

When comparing the banking features of online brokers like tastytrade and eToro, it's worth noting that neither offers traditional banking services such as checking or savings accounts. Additionally, both tastytrade and eToro do not provide debit or credit cards, and mortgage loans are also unavailable through either platform. Those considering certificates of deposit (CDs) will find that neither tastytrade nor eToro currently offers this service. Essentially, if banking services are a top priority, users might need to look beyond tastytrade and eToro, as both platforms focus more on investment opportunities rather than banking solutions.

Feature tastytrade logotastytrade
eToro logoeToro
Checking Accounts info No No
Savings Accounts info No No
Debit Cards info No No
Credit Cards info No No
Mortgage Loans info No No
CDs info No No

Dive deeper: Best Bank Accounts for Trading Stocks for 2025

Winner

After opening live accounts and testing 15 of the best online brokers, our research and live account testing finds that tastytrade is better than eToro. tastytrade finished with an overall score of 80.1%, while eToro finished with a score of 66.1%.

tastytrade isn’t for every investor, but its platform is ideal for frequent options and futures traders, offering efficient workflow, useful risk management tools, killer design, and online content that makes you feel like you’re on a trading desk.

FAQs

Can you trade cryptocurrency with tastytrade or eToro?

Both tastytrade and eToro offer crypto trading, but while tastytrade provides access to 4 coins, eToro boasts a more extensive selection with 26 coins available for trading.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does tastytrade or eToro offer IRAs?

When comparing tastytrade to eToro, tastytrade offers both traditional and Roth IRA accounts with no annual fees, though it charges a $60.00 closure fee, whereas eToro does not provide IRA accounts at all.

Dive deeper: Best IRA Accounts for 2025

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Compare

0 of 5
Overall Rating tastytrade eToro
Overall 4/5 Stars 3.5/5 Stars
Range of Investments 4/5 Stars 2.5/5 Stars
Platforms & Tools 4/5 Stars 2.5/5 Stars
Mobile Trading Apps 4.5/5 Stars 4.5/5 Stars
Research 1.5/5 Stars 1.5/5 Stars
Customer Service 4.0/5 Stars N/A
Education 4/5 Stars 2.5/5 Stars
Ease Of Use 5/5 Stars 4/5 Stars
Winner check_circle
Review tastytrade Review eToro Review
Broker Screenshots tastytrade eToro
Trading Platform & Tools Gallery (click to expand)
Research Gallery (click to expand)
Mobile Trading Apps Gallery (click to expand)
Education Gallery (click to expand)
Trading Fees tastytrade eToro
Minimum Deposit info $0.00 $50.00
Stock Trades info $0.00 $0.00
Penny Stock Fees (OTC) info N/A N/A
Mutual Fund Trade Fee info N/A info N/A
Options (Per Contract) info $0.50 info $0.00
Futures (Per Contract) info $1.25 (Not offered)
Broker Assisted Trade Fee info $0 $0
Margin Rates tastytrade eToro
Margin Rate Under $25,000 info 11% Not offered
Margin Rate $25,000 to $49,999.99 info 10.5% Not offered
Margin Rate $50,000 to $99,999.99 info 10% Not offered
Margin Rate $100,000 to $249,999.99 info 9.5% Not offered
Margin Rate $250,000 to $499,999.99 info 9% Not offered
Margin Rate $500,000 to $999,999.99 info 8.5% Not offered
Margin Rate Above $1,000,000 info 8% Not offered
Account Fees tastytrade eToro
IRA Annual Fee info $0.00
IRA Closure Fee info $60.00
Account Transfer Out (Partial) info $75.00 $75.00
Account Transfer Out (Full) info $75.00 $75.00
Options Exercise Fee info $5.00 $0.00
Options Assignment Fee info $5.00 $0.00
Investment Options tastytrade eToro
Stock Trading info Yes Yes
Margin Trading info Yes No
Fractional Shares info Yes info Yes
OTC Stocks info No No
Options Trading info Yes Yes
Complex Options Max Legs info 4 0
Futures Trading info Yes No
Forex Trading info No No
Crypto Trading info Yes Yes
Crypto Trading - Total Coins info 4 26
Mutual Funds (No Load) info 0 0
Mutual Funds (Total) info 0 0
Bonds (US Treasury) info No info No
Bonds (Corporate) info No No
Bonds (Municipal) info No No
Traditional IRAs info Yes No
Roth IRAs info Yes No
Advisor Services info No No
International Countries (Stocks) info 0 0
Order Types tastytrade eToro
Order Type - Market info Yes Yes
Order Type - Limit info Yes No
Order Type - After Hours info Yes No
Order Type - Stop info Yes Yes
Order Type - Trailing Stop info No Yes
Order Type - OCO info Yes No
Order Type - OTO info Yes No
Order Type - Broker Assisted info Yes No
Beginners tastytrade eToro
Education (Stocks) info Yes Yes
Education (ETFs) info Yes No
Education (Options) info Yes No
Education (Mutual Funds) info No No
Education (Bonds) info No No
Education (Retirement) info No No
Retirement Calculator info No No
Investor Dictionary info Yes No
Paper Trading info No Yes
Videos info No Yes
Webinars info Yes No
Webinars (Archived) info Yes No
Progress Tracking info Yes No
Interactive Learning - Quizzes info No No
Stock Trading Apps tastytrade eToro
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info No No
Trading - Stocks info Yes Yes
Trading - After-Hours info Yes No
Trading - Simple Options info Yes Yes
Trading - Complex Options info Yes No
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info Yes Yes
Stock App Features tastytrade eToro
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info No No
Videos on Demand info No Yes
Stock Alerts info No Yes
Option Chains Viewable info Yes Yes
Watch List (Real-time) info Yes Yes
Watch List (Streaming) info Yes Yes
Watch Lists - Create & Manage info Yes Yes
Watch Lists - Column Customization info Yes No
Stock App Charting tastytrade eToro
Charting - After-Hours info Yes Yes
Charting - Can Turn Horizontally info Yes No
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 0 103
Charting - Study Customizations info No Yes
Charting - Stock Comparisons info No Yes
Trading Platforms tastytrade eToro
Active Trading Platform info tastytrade N/A
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Web Trading Platform info Yes Yes
Paper Trading info No Yes
Trade Journal info No No
Watch Lists - Total Fields info 33 7
Stock Chart Features tastytrade eToro
Charting - Adjust Trades on Chart info Yes No
Charting - Indicators / Studies info 308 46
Charting - Drawing Tools info 31 48
Charting - Notes info Yes Yes
Charting - Index Overlays info Yes Yes
Charting - Historical Trades info Yes No
Charting - Corporate Events info Yes No
Charting - Custom Date Range info No No
Charting - Custom Time Bars info No No
Charting - Automated Analysis info No No
Charting - Save Profiles info Yes Yes
Trade Ideas - Technical Analysis info No Yes
Charting - Study Customizations info 7 5
Charting - Custom Studies info Yes No
Day Trading tastytrade eToro
Streaming Time & Sales info No Yes
Streaming TV info Yes No
Direct Market Routing - Stocks info No No
Ladder Trading info Yes No
Trade Hotkeys info No No
Level 2 Quotes - Stocks info No No
Trade Ideas - Backtesting info No No
Trade Ideas - Backtesting Adv info No No
Short Locator info Yes No
Order Liquidity Rebates info No No
Research Overview tastytrade eToro
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info No No
Research - Pink Sheets / OTCBB info No No
Research - Bonds info No No
Screener - Stocks info No No
Screener - ETFs info No No
Screener - Mutual Funds info No No
Screener - Bonds info No No
Misc - Portfolio Allocation info Yes No
Stock Research tastytrade eToro
Stock Research - PDF Reports info 0 0
Stock Research - Earnings info No Yes
Stock Research - Insiders info No Yes
Stock Research - Social info No Yes
Stock Research - News info Yes Yes
Stock Research - ESG info No Yes
Stock Research - SEC Filings info No Yes
ETF Research tastytrade eToro
ETFs - Strategy Overview info No Yes
ETF Fund Facts - Inception Date info No No
ETF Fund Facts - Expense Ratio info No No
ETF Fund Facts - Net Assets info No No
ETF Fund Facts - Total Holdings info No No
ETFs - Top 10 Holdings info No No
ETFs - Sector Exposure info No No
ETFs - Risk Analysis info Yes No
ETFs - Ratings info No Yes
ETFs - Morningstar StyleMap info No No
ETFs - PDF Reports info No No
Mutual Fund Research tastytrade eToro
Mutual Funds - Strategy Overview info No No
Mutual Funds - Performance Chart info No No
Mutual Funds - Performance Analysis info No No
Mutual Funds - Prospectus info No No
Mutual Funds - 3rd Party Ratings info No No
Mutual Funds - Fees Breakdown info No No
Mutual Funds - Top 10 Holdings info No No
Mutual Funds - Asset Allocation info No No
Mutual Funds - Sector Allocation info No No
Mutual Funds - Country Allocation info No No
Mutual Funds - StyleMap info No No
Options Trading tastytrade eToro
Option Chains - Basic View info Yes Yes
Option Chains - Strategy View info Yes No
Option Chains - Streaming info Yes No
Option Chains - Total Columns info 20 0
Option Chains - Greeks info 5 4
Option Chains - Quick Analysis info Yes Yes
Option Analysis - P&L Charts info Yes No
Option Probability Analysis info Yes No
Option Probability Analysis Adv info Yes No
Option Positions - Greeks info Yes No
Option Positions - Greeks Streaming info Yes No
Option Positions - Adv Analysis info Yes No
Option Positions - Rolling info Yes No
Option Positions - Grouping info Yes No
Banking tastytrade eToro
Bank (Member FDIC) info No No
Checking Accounts info No No
Savings Accounts info No No
Credit Cards info No No
Debit Cards info No No
Mortgage Loans info No No
Customer Service tastytrade eToro
Phone Support (Prospect Customers) info Yes No
Phone Support (Current Customers) info Yes No
Email Support info Yes Yes
Live Chat (Prospect Customers) info Yes Yes
Live Chat (Current Customers) info Yes Yes
24/7 Support info No No
Overall tastytrade eToro
Overall 4/5 Stars 3.5/5 Stars
Range of Investments 4/5 Stars 2.5/5 Stars
Platforms & Tools 4/5 Stars 2.5/5 Stars
Mobile Trading Apps 4.5/5 Stars 4.5/5 Stars
Research 1.5/5 Stars 1.5/5 Stars
Education 4/5 Stars 2.5/5 Stars
Ease Of Use 5/5 Stars 4/5 Stars
Winner check_circle
Review tastytrade Review eToro Review
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