eToro vs DEGIRO: Which Broker Is Better in 2026?
eToro and DEGIRO are two of the most popular brokers for European investors, but they serve very different needs. eToro focuses on social trading and simplicity, while DEGIRO emphasizes low costs and broad market access. Here's how they compare on everything that matters.
Fee comparison
This is where the differences are stark. DEGIRO charges a small fee per trade (€1 for Core Selection ETFs, €2-5 for other trades) plus a €2.50 annual connectivity fee. eToro charges zero commission on stocks and ETFs, but applies a 0.5% currency conversion fee on non-USD trades — which adds up quickly for European investors buying EUR-denominated assets.
| Feature | eToro | DEGIRO |
|---|---|---|
| ETF commission | €0 (+0.5% FX) | €1 (Core Selection) |
| Stock commission | €0 (+0.5% FX) | €2-5 |
| Annual fee | €0 | €2.50/exchange |
| Minimum deposit | €50 | €0 |
| Withdrawal fee | $5 | €0 |
| Inactivity fee | $10/month (12 months) | €0 |
| Currency conversion | 0.5% (150 pips) | 0.25% (Auto FX) |
For a European investor putting €300/month into a EUR-denominated ETF, DEGIRO is cheaper. The €1 per trade fee totals €12/year, while eToro's 0.5% FX conversion on €3,600 annual investment costs €18. The gap widens with larger investments.
Available investments
DEGIRO offers access to 50+ exchanges worldwide with a huge range of stocks, ETFs, bonds, options, and futures. eToro has around 3,000 assets including stocks, ETFs, crypto, and CFDs — fewer overall, but it includes cryptocurrency trading which DEGIRO doesn't offer. eToro also has CopyTrader, letting you automatically replicate other investors' portfolios.
Platform and ease of use
eToro wins on simplicity. Its app is sleek and beginner-friendly, with social features like newsfeeds and the ability to see what others are investing in. DEGIRO's platform is more functional but less polished — it gets the job done but won't win design awards. For complete beginners, eToro is easier to start with. For investors who want a no-frills tool, DEGIRO is fine.
Regulation and safety
Both are well-regulated. eToro is licensed by CySEC (Cyprus), FCA (UK), and ASIC (Australia). DEGIRO operates under flatexDEGIRO Bank AG, regulated by BaFin (Germany) and AFM (Netherlands), and holds a full banking license. DEGIRO has an edge here — the banking license means your uninvested cash is protected up to €100,000 under the German deposit guarantee scheme.
Our verdict
Choose DEGIRO if: You want the lowest fees, plan to invest in European ETFs, prefer a wide selection of exchanges, or want the security of a banking license.
Choose eToro if: You're a beginner who values simplicity, want to trade crypto alongside stocks, or are interested in social/copy trading features.
For most European investors focused on long-term ETF investing, DEGIRO offers better value. If you want an all-in-one platform that includes crypto and social features, eToro is the more versatile choice.
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