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tastytrade vs eToro 2025

StockBrokers.com

Written by StockBrokers.com

February 20, 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 it comes to comparing online brokers tastytrade and eToro, tastytrade emerges as the more comprehensive option for those seeking a broader range of investment choices, earning 4 stars for its investment range and ranking as the 10th best among 16 brokers. While both platforms offer stock, options, and crypto trading, tastytrade extends its capabilities with margin trading, futures, and both traditional and Roth IRA accounts. In contrast, eToro, rated 2.5 stars and ranked 16th by StockBrokers.com, prioritizes accessibility with features like fractional share trading and a wider selection of cryptocurrencies, offering 26 coins compared to tastytrade's 4.

Tastytrade is a go-to for investors keen on a diverse trading experience, including options like futures and margin accounts, offering enhanced trading strategies not provided by eToro. It also supports building retirement portfolios with traditional and Roth IRAs, making it a versatile choice for long-term planners. Furthermore, both tastytrade and eToro grant access to options trading and the world of cryptocurrencies, though eToro allows greater diversification within digital assets thanks to its broader crypto offerings.

Meanwhile, eToro is tailored for those comfortable with basic stock and crypto investments, offering a streamlined experience without margin or futures trading complexities. Its ease of use makes it appealing to beginner investors or those focused on crypto trading, where it truly shines with a wide array of coin options. However, for those looking for a more intricate mix of trading options, including IRAs and futures, tastytrade presents a more all-encompassing platform, catering to varied investment ambitions. Despite both platforms lacking in offering OTC stocks, mutual funds, and advisory services, tastytrade positions itself as a dynamic player for more seasoned and flexible investors.

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 comparing the trading platforms and tools of tastytrade and eToro, tastytrade emerges as a more versatile and comprehensive choice. With a solid 4-star rating, tastytrade secures a spot as the 8th best among 16 brokers. On the other hand, eToro receives a 2.5-star rating and is ranked 12th. While both platforms offer browser-based trading, tastytrade goes a step further with desktop applications for Windows and Mac users, which eToro lacks. For traders who value deeper customization and variety in their tools, tastytrade stands out with more technical indicators and the ability to create custom studies, despite eToro offering more drawing tools.

In terms of additional features, eToro offers paper trading, which is beneficial for beginners eager to practice without real financial risks—a feature tastytrade doesn't provide. Though both platforms enable users to add notes and index overlays to charts, only tastytrade has the capacity to show historical trades and corporate events like earnings and dividends directly on the charts. These features, combined with tastytrade's extensive watch list customization with 33 fields compared to eToro's 7, contribute to its higher ranking.

Both tastytrade and eToro let users save multiple chart profiles, and they offer a customizable SMA study, with tastytrade providing more fields for greater detail. While neither platform supports automated technical analysis or custom date ranges for charts, tastytrade's offerings in terms of downloadable platforms and advanced charting abilities make it a more appealing choice for traders focusing on depth and versatility in trading tools.

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: 7 Best Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025

Featured Offers


5/5 Stars

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Beginners and education

When comparing tastytrade and eToro on their educational offerings for new investors, tastytrade stands out with a rating of 4 stars for their educational capabilities. They offer comprehensive resources in stock, ETF, and options education, along with webinars to help users deepen their understanding. Despite not providing paper trading or educational videos, tastytrade ensures learners can track their progress, making it a well-rounded option for those eager to learn about the stock market. Ranked #10 by StockBrokers.com among 16 brokers, tastytrade proves to be a reliable choice for beginner education in the investing world.

eToro, on the other hand, offers an educational experience rated at 2.5 stars, largely due to its limited scope. While users can find information on stock education, eToro falls short by not providing resources on ETFs or options, two critical areas for diversifying an investment strategy. However, what eToro lacks in educational depth, it makes up for with paper trading, allowing beginners real-world practice through virtual portfolios. With educational videos also available, eToro strives to engage users in different ways. Yet, without the ability to track learning progress or offer webinars, eToro remains ranked #15 by StockBrokers.com, indicating room for growth in supporting beginner investors.

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 mobile stock trading apps, both tastytrade and eToro offer competitive features and boast high ratings. Tastytrade and eToro are rated equally at 4.5 stars for their stock trading apps. However, tastytrade holds a slightly higher rank at #10 compared to eToro’s #11 according to StockBrokers.com rankings. This suggests that while both platforms are well-regarded, tastytrade is slightly favored overall by industry experts.

Both platforms provide iPhone and Android apps, supporting traders who use different devices, although neither supports Apple Watch apps. The apps by tastytrade and eToro allow for mobile after-hours stock and options trading. Where tastytrade shines is in offering customizable watch list columns and the ability to view charts in landscape mode, providing a more personalized and flexible trading experience. Conversely, eToro stands out with its extensive charting capabilities, boasting 103 technical studies, stock comparisons on charts, and stock alerts, making it a robust choice for technical traders.

In terms of additional features, eToro offers videos on demand, which could benefit users looking to enhance their trading knowledge with educational content. While both brokers offer streaming quotes, they do not provide live streaming TV, catering more to traders who focus primarily on stock-specific data. Therefore, when choosing between tastytrade and eToro, traders should consider their preferences for charting tools and customizability alongside the allure of educational resources.

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 considering market research capabilities, both tastytrade and eToro present limited offerings that may not fully satisfy the needs of investors seeking in-depth insights. While they both provide basic stock and ETF research, neither platform supports mutual fund or bond research, nor do they offer downloadable PDF research reports. This results in both platforms earning a modest rating of 1.5 stars for market research from StockBrokers.com, placing tastytrade at #13 and eToro at #14 out of 16 brokers reviewed.

A deeper dive into the specifics reveals that tastytrade offers the capability to view portfolio allocation by asset class, a feature that can aid investors in diversifying their investments effectively. On the other hand, eToro shines in the realm of social-driven insights, providing stock research using social media sentiment data, as well as Environmental, Social, and Governance (ESG) research. This positions eToro as a better choice for those interested in integrating social and environmental factors into their investment strategies.

Despite these differences, neither tastytrade nor eToro enhance their services with stock or ETF screeners for trade ideas, which could limit an investor's ability to discover new opportunities based on specific criteria. Thus, while tastytrade provides a practical view of portfolio distribution, eToro leverages social data and offers ESG research, making the choice between them dependent on an investor's specific research preferences and investment strategy priorities.

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 16 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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