United States
United Kingdom
Germany
Netherlands
Australia
United Arab Emirates
Canada
Italy
Spain
Austria
Croatia
Serbia
Portugal
CypruseToro vs Webull
What each one charges, who licenses it, and how they rank against each other country by country.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The short version
We rank both for stocks in 2 countries, and Webull comes out ahead in every one of them.
We score each country separately, based on the company that would actually hold your account there, so check your own country in the table below.
Of the 2 fees we could compare, Webull is cheaper on 1 and the other is the same.
Both hold top-tier (tier-1) licences: eToro from FCA, ASIC, SEC / FINRA and NYDFS, Webull from SEC / FINRA, ASIC and CIRO.
- Webull is cheaper for US stock orders: $0 per order, compared with $2 per order at eToro.Edge: Webull
- Both charge the same for crypto trades in the app: 1%.
- We list eToro in 12 of the 14 countries we cover and Webull in 3. They overlap in 2.Edge: eToro
- Only eToro offers CFDs.
- Only Webull supports TradingView.
- eToro gets more search attention than Webull (Market Signal 71 vs 58). That tells you how well known it is, not how good it is.
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
Stock brokers & investing apps
| Country | eToro | Webull |
|---|---|---|
| Australia | #4 of 873/100Locally licensed eToro AUS Capital Limited · ASIC | #3 of 875/100Locally licensed Webull Securities (Australia) Pty. Ltd. · ASIC |
| United States | #4 of 973/100Locally licensed eToro USA Securities Inc. · SEC / FINRA | #3 of 975/100Locally licensed Webull Financial LLC · SEC / FINRA |
| Austria | #1 of 871/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Canada | Not listed | #2 of 572/100Locally licensed Webull Securities (Canada) Limited · CIRO |
| Croatia | #1 of 871/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Cyprus | #1 of 971/100Locally licensed eToro (Europe) Ltd · CySEC | Not listed |
| Germany | #1 of 1271/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Italy | #1 of 1171/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Netherlands | #2 of 1071/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Portugal | #1 of 971/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Spain | #1 of 971/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| United Arab Emirates | #2 of 671/100Locally licensed eToro (ME) Limited · FSRA (ADGM) | Not listed |
| United Kingdom | #3 of 773/100Locally licensed eToro (UK) Ltd · FCA | Not listed |
Crypto exchanges
| Country | eToro | Webull |
|---|---|---|
| Australia | #4 of 771/100Locally licensed eToro AUS Capital Limited · ASIC | Not listed |
| Austria | #8 of 2169/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Canada | Not listed | #5 of 661/100Locally licensed Webull Canada Crypto Limited · CIRO |
| Croatia | #8 of 1969/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Cyprus | #8 of 1969/100Locally licensed eToro (Europe) Ltd · CySEC | Not listed |
| Germany | #8 of 2169/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Italy | #8 of 1969/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Netherlands | #8 of 1969/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Portugal | #8 of 1969/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Spain | #8 of 1969/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| United Arab Emirates | #3 of 569/100Locally licensed eToro (ME) Limited · FSRA (ADGM) | Not listed |
| United Kingdom | #3 of 570/100Locally licensed eToro (UK) Ltd · FCA | Not listed |
| United States | #3 of 671/100Locally licensed eToro NY LLC · NYDFS | Not listed |
Fees and features side by side
| eToro | Webull | |
|---|---|---|
| Products | Stocks & ETFs, CFDs, Crypto, Copy trading | Stocks & ETFs, Options, Crypto |
| Owner | eToro Group Ltd (listed on Nasdaq) | Not verified yet |
| EUR/USD all-in cost | Not verified yet | Not verified yet |
| US stock commission | $2 per order | $0 per order |
| Crypto trading fee | 1%, app fee per trade (no order book) | 1%, app fee per trade (no order book) |
| Currency conversion fee | Not verified yet | Not verified yet |
| Inactivity fee | None | Not verified yet |
| Withdrawal fee | Up to $5 | Not verified yet |
| Minimum deposit | $50 (eToro USA Securities Inc.) | $0 (Webull Financial LLC) · $0 (Webull Securities (Australia) Pty. Ltd.) |
| Instruments | 10,000+ | Not verified yet |
| Fractional shares | Yes | Yes |
| Platforms | eToro web platform, eToro mobile app | Webull Desktop, Webull Mobile App, Webull Web, TradingView |
| Deposit methods | Bank transfer, Credit/debit card, Trustly (online banking), SEPA transfer | Not verified yet |
| Withdrawal time (stated) | status email within 2 business days; up to 10 business days by method | Not verified yet |
| Demo account | Yes | Yes |
| Support | Not verified yet | email, phone |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (eToro, Webull).
Licences
eToro
- eToro (Europe) Ltd: CySEC (Tier 2)
- eToro (UK) Ltd: FCA (Tier 1)
- eToro AUS Capital Limited: ASIC (Tier 1)
- eToro USA Securities Inc.: SEC / FINRA (Tier 1)
- eToro (Seychelles) Ltd: FSA Seychelles (Tier 3 (offshore))
- eToro NY LLC: NYDFS (Tier 1)
- eToro (ME) Limited: FSRA (ADGM) (Tier 2)
Webull
- Webull Financial LLC: SEC / FINRA (Tier 1)
- Webull Securities (Australia) Pty. Ltd.: ASIC (Tier 1)
- Webull Securities (Canada) Limited: CIRO (Tier 1)
- Webull Canada Crypto Limited: CIRO (Tier 1)
eToro vs Webull: common questions
Which is better, eToro or Webull?
We rank both for stocks in 2 countries, and Webull comes out ahead in every one of them. For reference, eToro's best ranking is #1 of 30 CFD brokers in Cyprus, and Webull's best ranking is #2 of 5 stock brokers & investing apps in Canada.
Is eToro cheaper than Webull?
Webull is cheaper for US stock orders: $0 per order, compared with $2 per order at eToro. Both charge the same for crypto trades in the app: 1%.
Is eToro or Webull better regulated?
Both hold top-tier (tier-1) licences: eToro from FCA, ASIC, SEC / FINRA and NYDFS, Webull from SEC / FINRA, ASIC and CIRO. Which company you actually sign up with depends on where you live; the country table on this page names it for each one.
Can I use both eToro and Webull where I live?
We list eToro in 12 of the 14 countries we cover and Webull in 3. They overlap in 2. For stocks, you'll find both on our lists in Australia and United States.