tastytrade vs eToro 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.
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.
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 |
|
|
---|---|---|
Stock Trading | Yes | Yes |
Margin Trading | Yes | No |
Fractional Shares | Yes | Yes |
OTC Stocks | No | No |
Mutual Funds | No | No |
Options Trading | Yes | Yes |
Futures Trading | Yes | No |
Crypto Trading | Yes | Yes |
Crypto Trading - Total Coins | 4 | 26 |
Range of Investments |
|
|
Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025
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 |
|
|
---|---|---|
Web Trading Platform | Yes | Yes |
Desktop Trading Platform | Yes | No |
Desktop Platform (Mac) | Yes | No |
Paper Trading | No | Yes |
Watch Lists - Total Fields | 33 | 7 |
Charting - Indicators / Studies | 308 | 46 |
Charting - Drawing Tools | 31 | 48 |
Platforms & Tools |
|
|
Dive deeper: Best Online Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025
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 |
|
|
---|---|---|
Education (Stocks) | Yes | Yes |
Education (ETFs) | Yes | No |
Education (Options) | Yes | No |
Education (Mutual Funds) | No | No |
Education (Bonds) | No | No |
Paper Trading | No | Yes |
Videos | No | Yes |
Webinars | Yes | No |
Education |
|
|
Dive deeper: Best Stock Trading Platforms for Beginners of 2025
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 |
|
|
---|---|---|
iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | No | No |
Stock Alerts | No | Yes |
Charting - After-Hours | Yes | Yes |
Charting - Technical Studies | 0 | 103 |
Mobile Trading Apps |
|
|
Dive deeper: Best Stock Trading Apps for 2025
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 |
|
|
---|---|---|
Minimum Deposit | $0.00 | $50.00 |
Stock Trades | $0.00 | $0.00 |
Options (Per Contract) | $0.50 | $0.00 |
Options Exercise Fee | $5.00 | $0.00 |
Options Assignment Fee | $5.00 | $0.00 |
IRA Annual Fee | $0.00 | |
IRA Closure Fee | $60.00 |
Dive deeper: Best Free Trading Platforms for 2025
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 |
|
|
---|---|---|
Streaming Time & Sales | No | Yes |
Streaming TV | Yes | No |
Direct Market Routing - Stocks | No | No |
Level 2 Quotes - Stocks | No | No |
Trade Ideas - Backtesting | No | No |
Trade Ideas - Backtesting Adv | No | No |
Short Locator | Yes | No |
Dive deeper: Best Day Trading Platforms for 2025
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 |
|
|
---|---|---|
Research - Stocks | Yes | Yes |
Screener - Stocks | No | No |
Research - ETFs | Yes | Yes |
Screener - ETFs | No | No |
Research - Mutual Funds | No | No |
Screener - Mutual Funds | No | No |
Research - Bonds | No | No |
Screener - Bonds | No | No |
Research |
|
|
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 |
|
|
---|---|---|
Checking Accounts | No | No |
Savings Accounts | No | No |
Debit Cards | No | No |
Credit Cards | No | No |
Mortgage Loans | No | No |
CDs | No | No |
Dive deeper: Best Bank Accounts for Trading Stocks for 2025
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.
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
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
Select Brokers
↓×Compare
0 of 5Overall Rating | tastytrade | eToro | |
---|---|---|---|
Overall |
|
| |
Range of Investments |
|
| |
Platforms & Tools |
|
| |
Mobile Trading Apps |
|
| |
Research |
|
| |
Customer Service |
| N/A | |
Education |
|
| |
Ease Of Use |
|
| |
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 | $0.00 | $50.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | N/A | N/A | |
Mutual Fund Trade Fee | N/A | N/A | |
Options (Per Contract) | $0.50 | $0.00 | |
Futures (Per Contract) | $1.25 | (Not offered) | |
Broker Assisted Trade Fee | $0 | $0 |
Margin Rates | tastytrade | eToro | |
---|---|---|---|
Margin Rate Under $25,000 | 11% | Not offered | |
Margin Rate $25,000 to $49,999.99 | 10.5% | Not offered | |
Margin Rate $50,000 to $99,999.99 | 10% | Not offered | |
Margin Rate $100,000 to $249,999.99 | 9.5% | Not offered | |
Margin Rate $250,000 to $499,999.99 | 9% | Not offered | |
Margin Rate $500,000 to $999,999.99 | 8.5% | Not offered | |
Margin Rate Above $1,000,000 | 8% | Not offered |
Account Fees | tastytrade | eToro | |
---|---|---|---|
IRA Annual Fee | $0.00 | ||
IRA Closure Fee | $60.00 | ||
Account Transfer Out (Partial) | $75.00 | $75.00 | |
Account Transfer Out (Full) | $75.00 | $75.00 | |
Options Exercise Fee | $5.00 | $0.00 | |
Options Assignment Fee | $5.00 | $0.00 |
Investment Options | tastytrade | eToro | |
---|---|---|---|
Stock Trading | Yes | Yes | |
Margin Trading | Yes | No | |
Fractional Shares | Yes | Yes | |
OTC Stocks | No | No | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 4 | 0 | |
Futures Trading | Yes | No | |
Forex Trading | No | No | |
Crypto Trading | Yes | Yes | |
Crypto Trading - Total Coins | 4 | 26 | |
Mutual Funds (No Load) | 0 | 0 | |
Mutual Funds (Total) | 0 | 0 | |
Bonds (US Treasury) | No | No | |
Bonds (Corporate) | No | No | |
Bonds (Municipal) | No | No | |
Traditional IRAs | Yes | No | |
Roth IRAs | Yes | No | |
Advisor Services | No | No | |
International Countries (Stocks) | 0 | 0 |
Order Types | tastytrade | eToro | |
---|---|---|---|
Order Type - Market | Yes | Yes | |
Order Type - Limit | Yes | No | |
Order Type - After Hours | Yes | No | |
Order Type - Stop | Yes | Yes | |
Order Type - Trailing Stop | No | Yes | |
Order Type - OCO | Yes | No | |
Order Type - OTO | Yes | No | |
Order Type - Broker Assisted | Yes | No |
Beginners | tastytrade | eToro | |
---|---|---|---|
Education (Stocks) | Yes | Yes | |
Education (ETFs) | Yes | No | |
Education (Options) | Yes | No | |
Education (Mutual Funds) | No | No | |
Education (Bonds) | No | No | |
Education (Retirement) | No | No | |
Retirement Calculator | No | No | |
Investor Dictionary | Yes | No | |
Paper Trading | No | Yes | |
Videos | No | Yes | |
Webinars | Yes | No | |
Webinars (Archived) | Yes | No | |
Progress Tracking | Yes | No | |
Interactive Learning - Quizzes | No | No |
Stock Trading Apps | tastytrade | eToro | |
---|---|---|---|
iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Apple Watch App | No | No | |
Trading - Stocks | Yes | Yes | |
Trading - After-Hours | Yes | No | |
Trading - Simple Options | Yes | Yes | |
Trading - Complex Options | Yes | No | |
Order Ticket RT Quotes | Yes | Yes | |
Order Ticket SRT Quotes | Yes | Yes |
Stock App Features | tastytrade | eToro | |
---|---|---|---|
Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | No | No | |
Videos on Demand | No | Yes | |
Stock Alerts | No | Yes | |
Option Chains Viewable | Yes | Yes | |
Watch List (Real-time) | Yes | Yes | |
Watch List (Streaming) | Yes | Yes | |
Watch Lists - Create & Manage | Yes | Yes | |
Watch Lists - Column Customization | Yes | No |
Stock App Charting | tastytrade | eToro | |
---|---|---|---|
Charting - After-Hours | Yes | Yes | |
Charting - Can Turn Horizontally | Yes | No | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 0 | 103 | |
Charting - Study Customizations | No | Yes | |
Charting - Stock Comparisons | No | Yes |
Trading Platforms | tastytrade | eToro | |
---|---|---|---|
Active Trading Platform | tastytrade | N/A | |
Desktop Trading Platform | Yes | No | |
Desktop Platform (Mac) | Yes | No | |
Web Trading Platform | Yes | Yes | |
Paper Trading | No | Yes | |
Trade Journal | No | No | |
Watch Lists - Total Fields | 33 | 7 |
Stock Chart Features | tastytrade | eToro | |
---|---|---|---|
Charting - Adjust Trades on Chart | Yes | No | |
Charting - Indicators / Studies | 308 | 46 | |
Charting - Drawing Tools | 31 | 48 | |
Charting - Notes | Yes | Yes | |
Charting - Index Overlays | Yes | Yes | |
Charting - Historical Trades | Yes | No | |
Charting - Corporate Events | Yes | No | |
Charting - Custom Date Range | No | No | |
Charting - Custom Time Bars | No | No | |
Charting - Automated Analysis | No | No | |
Charting - Save Profiles | Yes | Yes | |
Trade Ideas - Technical Analysis | No | Yes | |
Charting - Study Customizations | 7 | 5 | |
Charting - Custom Studies | Yes | No |
Day Trading | tastytrade | eToro | |
---|---|---|---|
Streaming Time & Sales | No | Yes | |
Streaming TV | Yes | No | |
Direct Market Routing - Stocks | No | No | |
Ladder Trading | Yes | No | |
Trade Hotkeys | No | No | |
Level 2 Quotes - Stocks | No | No | |
Trade Ideas - Backtesting | No | No | |
Trade Ideas - Backtesting Adv | No | No | |
Short Locator | Yes | No | |
Order Liquidity Rebates | No | No |
Research Overview | tastytrade | eToro | |
---|---|---|---|
Research - Stocks | Yes | Yes | |
Research - ETFs | Yes | Yes | |
Research - Mutual Funds | No | No | |
Research - Pink Sheets / OTCBB | No | No | |
Research - Bonds | No | No | |
Screener - Stocks | No | No | |
Screener - ETFs | No | No | |
Screener - Mutual Funds | No | No | |
Screener - Bonds | No | No | |
Misc - Portfolio Allocation | Yes | No |
Stock Research | tastytrade | eToro | |
---|---|---|---|
Stock Research - PDF Reports | 0 | 0 | |
Stock Research - Earnings | No | Yes | |
Stock Research - Insiders | No | Yes | |
Stock Research - Social | No | Yes | |
Stock Research - News | Yes | Yes | |
Stock Research - ESG | No | Yes | |
Stock Research - SEC Filings | No | Yes |
ETF Research | tastytrade | eToro | |
---|---|---|---|
ETFs - Strategy Overview | No | Yes | |
ETF Fund Facts - Inception Date | No | No | |
ETF Fund Facts - Expense Ratio | No | No | |
ETF Fund Facts - Net Assets | No | No | |
ETF Fund Facts - Total Holdings | No | No | |
ETFs - Top 10 Holdings | No | No | |
ETFs - Sector Exposure | No | No | |
ETFs - Risk Analysis | Yes | No | |
ETFs - Ratings | No | Yes | |
ETFs - Morningstar StyleMap | No | No | |
ETFs - PDF Reports | No | No |
Mutual Fund Research | tastytrade | eToro | |
---|---|---|---|
Mutual Funds - Strategy Overview | No | No | |
Mutual Funds - Performance Chart | No | No | |
Mutual Funds - Performance Analysis | No | No | |
Mutual Funds - Prospectus | No | No | |
Mutual Funds - 3rd Party Ratings | No | No | |
Mutual Funds - Fees Breakdown | No | No | |
Mutual Funds - Top 10 Holdings | No | No | |
Mutual Funds - Asset Allocation | No | No | |
Mutual Funds - Sector Allocation | No | No | |
Mutual Funds - Country Allocation | No | No | |
Mutual Funds - StyleMap | No | No |
Options Trading | tastytrade | eToro | |
---|---|---|---|
Option Chains - Basic View | Yes | Yes | |
Option Chains - Strategy View | Yes | No | |
Option Chains - Streaming | Yes | No | |
Option Chains - Total Columns | 20 | 0 | |
Option Chains - Greeks | 5 | 4 | |
Option Chains - Quick Analysis | Yes | Yes | |
Option Analysis - P&L Charts | Yes | No | |
Option Probability Analysis | Yes | No | |
Option Probability Analysis Adv | Yes | No | |
Option Positions - Greeks | Yes | No | |
Option Positions - Greeks Streaming | Yes | No | |
Option Positions - Adv Analysis | Yes | No | |
Option Positions - Rolling | Yes | No | |
Option Positions - Grouping | Yes | No |
Banking | tastytrade | eToro | |
---|---|---|---|
Bank (Member FDIC) | No | No | |
Checking Accounts | No | No | |
Savings Accounts | No | No | |
Credit Cards | No | No | |
Debit Cards | No | No | |
Mortgage Loans | No | No |
Customer Service | tastytrade | eToro | |
---|---|---|---|
Phone Support (Prospect Customers) | Yes | No | |
Phone Support (Current Customers) | Yes | No | |
Email Support | Yes | Yes | |
Live Chat (Prospect Customers) | Yes | Yes | |
Live Chat (Current Customers) | Yes | Yes | |
24/7 Support | No | No |
Overall | tastytrade | eToro | |
---|---|---|---|
Overall |
|
| |
Range of Investments |
|
| |
Platforms & Tools |
|
| |
Mobile Trading Apps |
|
| |
Research |
|
| |
Education |
|
| |
Ease Of Use |
|
| |
Winner | check_circle | ||
Review | tastytrade Review | eToro Review |