eToro vs Trading 212 | Fee-free share trading compared | Finder Ireland

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

eToro vs Trading 212 in Ireland

Both these platforms let you trade without any fees—so how do they compare?

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

eToro is a trading platform that allows you to buy and sell stocks, exchange-traded funds (ETFs), cryptocurrencies, commodities and currencies in Ireland. On the other hand, you can use Trading 212 to trade over 1,800 cryptocurrencies, stocks, commodities and currencies. With the current market volatility and poor returns on cash savings, it’s no surprise that people are turning to both of these platforms in search of higher returns. But how do they compare?

eToro vs Trading 212: Costs

It’s difficult to compare the costs of both of these platforms as they’re both free trading platforms. Trading 212 offers three types of accounts: Invest, ISA and CFD. While the Invest and ISA accounts have no charges, you will incur a 0.5% currency conversion fee with the CFD account. Additionally, there are restrictions on withdrawal and deposit amounts, at 1 EUR for the Invest and ISA accounts, and 10 EUR for the CFD account.

eToro, however, has a couple of other charges. Basic trades are free with eToro, but there is a withdrawal fee of US$5 (plus currency conversion fees) and a monthly inactivity fee of US$10 if an account hasn’t been logged on to for 12 months.

eToro vs Trading 212: Demo account

Both of these platforms have demo accounts available, meaning you can practise trading without using real money. Once you’ve got the hang of it, you can try it out for real!

eToro’s demo account can only be accessed after signing up, while Trading 212 lets you have a go without even giving up an email address. Of course, if you want to keep an eye on your imaginary stocks for days, weeks or months, you’ll have to sign up.

Do note there is no obligation to go ahead and trade real money on both platforms. You can make imaginary trades for life, if you want.

Our verdict: Is eToro better than Trading 212?

As it goes, these are both good options for free trading and they are very similar. These platforms offer a huge range of stocks, commission-free trades and no trading limits. Both platforms are also great for beginners as they allow you to give it a go with fake money, making them pretty good educational resources too.

The only thing that really puts Trading 212 in the top spot is its ISA. It’s completely free, which is a rarity. However, at the end of the day, remember that the best platform for you will depend on your trading preferences, skill level and personal financial situation. Compare your options, rank your choices, and start trading today.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More guides on Finder

  • Compare and learn about cryptocurrency trading bots

    Your detailed guide to cryptocurrency trading bots, how they work and the benefits and risks you need to consider when choosing a crypto trading bot.

  • How to invest in the BTCC Bitcoin ETF in Ireland

    The world’s first physical Bitcoin ETF has launched onto the stock market. Here’s how to invest if you’re in Ireland.

  • Saxo Markets Ireland Review

    Saxo Markets offers different trading accounts in Ireland with varied pricing tiers to suit your investment needs.

  • DEGIRO vs Trading 212

    Trading 212 and DEGIRO are both low-fee options with a great choice of shares and ETFs for traders in Ireland.

  • How do dividends work in Ireland?

    Discover the five main types of dividends, how taxes work in Ireland and how your portfolio can benefit from these regular profit payouts to shareholders.

  • How to invest in index funds in Ireland

    Index funds are a hot topic right now but how do you actually invest in them in Ireland? Follow our guide and get started today.

  • Degiro Ireland review

    Find out about the trading platform Degiro and what services it offers to investors in Ireland. Consisting of shares, funds, CFD trades, spread betting and much more.

  • eToro Ireland review

    Online trading giant eToro lets users in Ireland buy stocks with no commission, but how does it fare overall?

  • Trading 212 Ireland review

    We review the features and costs of Trading 212, an investment platform in Ireland designed to teach you about investing and let you buy shares with zero fees.

  • How to invest in coffee in Ireland

    This highly traded commodity can help diversify your portfolio in Irelland. But consider unpredictable risks before investing in this bean.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy Policy and Terms.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site