eToro is a really popular trading platform here in the UK. It lets you invest in a huge range of stocks on some of the largest stock exchanges, including UK shares, US shares and European shares. eToro isn’t for everyone, though — so if you’re looking for a different provider, we’ve compared the features and fees to find some eToro alternatives.
 |  | |
| Finder score | ★★★★★ | ★★★★★ |
| Customer satisfaction survey | ★★★★★ | ★★★★★ |
| FSCS protected? | ||
| Stocks and shares ISA available? | ||
| Standard trading fee | £0.00 | £0 |
| Foreign exchange fees | 1.5% | 0.15% |
| UK - London Stock Exchange | ||
| US - New York Stock Exchange | ||
| US - NASDAQ | ||
| App | ||
| Desktop or web access | ||
| Keep in mind | Capital at risk. 51% of retail CFD accounts lose money | Capital at risk. 78% of retail CFD accounts lose money |
| Go to site More Info | More Info |
Trading 212 is easily eToro’s closest alternative. It’s very similar to eToro, as it covers off most of the same stock exchanges and lets you trade them commission free. With Trading 212, you’re able to use your individual savings account (ISA) allowance. You get an allowance each year, up to which you can invest without paying any tax on your profits. The allowance for the 2024/2025 tax year is £20,000.
Trading 212’s also got a lower minimum deposit than eToro (you can start with just £1). Its educational tools are definitely better than eToro’s.
A huge downside of Trading 212 at the moment is that it’s got a waitlist for new sign-ups, so if you’re not willing to wait, you’ll have to find a different alternative.
You can check out our full review of Trading 212 if you want to know more.
|  | |
| Finder score | ★★★★★ | ★★★★★ |
| Customer satisfaction survey | ★★★★★ | ★★★★★ |
| FSCS protected? | ||
| Stocks and shares ISA available? | ||
| Standard trading fee | £0.00 | £1.75 |
| Foreign exchange fees | 1.5% | 0.25% |
| UK - London Stock Exchange | ||
| US - New York Stock Exchange | ||
| US - NASDAQ | ||
| App | ||
| Desktop or web access | ||
| Keep in mind | Capital at risk. 51% of retail CFD accounts lose money | Capital at risk |
| Go to site More Info | More Info |
Despite not being a commission free trading platform, DEGIRO is a great alternative to eToro. It’s not free, but it does have some really competitive fees. The minimum deposit is lower with DEGIRO than eToro, requiring you to top up just £1 into the account. DEGIRO’s also got better educational tools than eToro, despite not having a demo account to use.
We have a full DEGIRO review if you want to learn more about its features and fees.
|  | |
| Finder score | ★★★★★ | ★★★★★ |
| Customer satisfaction survey | ★★★★★ | ★★★★★ |
| FSCS protected? | ||
| Stocks and shares ISA available? | ||
| Standard trading fee | £0.00 | £0 |
| Foreign exchange fees | 1.5% | 0.59% |
| UK - London Stock Exchange | ||
| US - New York Stock Exchange | ||
| US - NASDAQ | ||
| App | ||
| Desktop or web access | ||
| Keep in mind | Capital at risk. 51% of retail CFD accounts lose money | Capital at risk |
| Go to site More Info | Go to site More Info |
If you’re a beginner, you might prefer a provider like Freetrade. This app-only platform is really easy to use and has a broad range of shares available to trade commission free. It has a similar foreign exchange fee to eToro, but less jargon and graphs that are easier to read.
For £3 per month, you can invest in an ISA with Freetrade, and you can also pay more for additional features and a broader spectrum of shares.
Experienced or advanced investors may find Freetrade to be a little basic, but beginners will find that it’s really easy to make their first trade.
Check out our full review of Freetrade to find out more, including the features available and more information about its fee structure.
eToro is a very popular investment provider, but it can be a little confusing for beginner investors. If you’re trying to find an alternative to eToro, we think DEGIRO, Freetrade and Trading 212 are some good ones.
If you’re still looking for an alternative, you could use our comparison table, which lets you choose features that are important to you to help narrow down your choices.
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.
Charles Schwab now offers a brokerage service to UK investors. Find out what Finder’s investing expert thought when testing and using this broker.
Commission-free share-trading app Robinhood has launched in the UK. Our investing expert tried it out – find out the pros and cons.
Saxo is a solid all-rounder that’s widely respected in its field, offering loads of global investment options and research tools.
Both Freetrade and Trading 212 offer the chance to trade without paying any commission. Find out how they compare on features.
eToro and Trading 212 allow you to buy and sell stocks and ETFs without paying a commission for trading using the platform.
Both Moneyfarm and Moneybox invest on your behalf using information about your risk appetite. Both let you invest in a stocks and shares ISA.
Find out what we thought of Vanguard’s stocks and shares ISA, what its pros and cons are, and the fees and charges for this low-cost investment option.
We took a look at interactive investor to find out about its products, features, fees and app. Read our guide to get the full scoop about this investing platform.
Online trading giant eToro lets you buy stocks with no commission, but is it the best option for traders and investors?
The Freetrade app lets you buy and sell UK, US, and EU stocks with minimal fees. We look under the bonnet to find out whether there are any catches.