eToro vs Trading 212: Social Trading vs AutoInvest (2026)
eToro and Trading 212 are both zero-commission brokers popular with European investors. eToro has CopyTrader and social features; Trading 212 has Pies and AutoInvest. Here's which one is better for different investors.
Fee comparison — the hidden costs
| Feature | eToro | Trading 212 |
|---|---|---|
| Stock/ETF commission | €0 | €0 |
| FX conversion | 0.5% | 0.15% |
| Withdrawal fee | $5 | €0 |
| Inactivity fee | $10/mo (12 months) | €0 |
| Interest on cash | Low | ~2-3% |
| Crypto | Real crypto | No |
| Copy trading | Yes (CopyTrader) | No |
| AutoInvest | No | Yes (Pies) |
Trading 212 is cheaper across the board. Lower FX fee (0.15% vs 0.5%), no withdrawal fee, no inactivity fee, and interest on cash. The 0.35% FX difference is significant — on €10,000 invested annually, that's €35 saved with Trading 212.
Key features compared
eToro's standout feature is CopyTrader — automatically mirror the trades of successful investors. It's a unique selling point for people who want exposure to expert strategies without doing their own research. Trading 212's equivalent is Pies — build a custom portfolio with target allocations and auto-invest into it. Pies give you more control; CopyTrader requires less thinking.
Crypto
eToro lets you buy real Bitcoin, Ethereum, and dozens of other cryptocurrencies. Trading 212 doesn't offer crypto at all. If having stocks and crypto in one place matters to you, eToro is the only choice between these two.
Our verdict
Choose eToro if: You want crypto alongside stocks, like the idea of copying successful investors, or value the social community aspects.
Choose Trading 212 if: You want the lowest total cost, prefer automated portfolio building with Pies, or value interest on uninvested cash.
For pure stock and ETF investing in Europe, Trading 212 is the better value. eToro wins if crypto and social trading are important to you.
Compare all broker fees side by side