Share Trading comparison
eToro vs tastytrade
The biggest practical difference between eToro and tastytrade is that eToro lets you buy ASX shares and ETFs with zero brokerage, while tastytrade doesn't offer ASX trading at all. tastytrade is a US-focused options powerhouse; eToro is a multi-asset platform that also does CFDs and crypto. Which one works for you depends entirely on what you want to trade.
Choose
eToro
if…
- ›You want to trade ASX shares and ETFs commission-free — eToro charges $0 on real (non-leveraged) ASX trades
- ›You want fractional shares on both ASX and US stocks, letting you buy partial units of high-priced companies
- ›You want access to crypto and CFD trading alongside shares, all in one account
- ›You want a low $50 minimum deposit and multiple deposit methods including PayPal, credit card and POLi
- ›You want auto-invest / DCA functionality to dollar-cost average into positions automatically
Choose
tastytrade
if…
- ›You trade US options — tastytrade is built for options with zero commission on most US options trades
- ›You want a dedicated desktop trading platform with advanced charting and order flow, not just mobile and web
- ›You want after-hours / overnight trading for US equities
- ›You want joint accounts — eToro doesn't offer them, tastytrade does
- ›You want Sharesight or Navexa integration for portfolio tracking
Where they differ
| Fact | eToro | tastytrade |
|---|---|---|
| ASX trading | Yes — $0 brokerage on ASX shares & ETFs | No — ASX trading not offered |
| Options trading | Not supported | Supported — zero commission on most US options |
| CHESS sponsorship | Custodian model — no individual HIN | Custodian model — no individual HIN |
| Inactivity fee | $10 AUD inactivity fee | $0 inactivity fee |
| Australian tax statement | Provided | Not provided |
Verdict
Pick eToro if you want ASX and US shares in one place; pick tastytrade if you're a serious US options trader.
Cost calculator
What would eToro vs tastytrade actually cost you?
Punch in your trade size and frequency. We'll do the full brokerage + FX + fees maths.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | eToro | tastytrade |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | custodian | custodian |
| Individual HIN | No | No |
| Individual account | Yes | Yes |
| Joint account | No | Yes |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | No |
| Kids / minor account | No | No |
| asset coverage | ||
| ASX shares supported | Yes | No |
| ASX ETFs supported | Yes | No |
| US shares supported | Yes | Yes |
| US ETFs supported | Yes | Yes |
| Other markets supported | United States, United Kingdom, Germany, France, Hong Kong, Italy, Spain, Netherlands, Sweden, Belgium, Denmark, Norway, Finland, Switzerland, Portugal | |
| Fractional shares (ASX) | Yes | No |
| Fractional shares (US) | Yes | No |
| Options trading | No | Yes |
| CFDs supported | Yes | No |
| Crypto trading | Yes | — |
| Managed funds | No | No |
| Bonds supported | No | Yes |
| IPO access | No | No |
| costs hidden | ||
| FX spread (AUD/USD) | 0.75% | — |
| Holds USD account | Yes | Yes |
| FX currency switch trick | No | No |
| Market data fees | $0/month | $0/month |
| Conditional order fees | $0 | $0 |
| Corporate action fees | eToro passes through cash dividends from non-leveraged real positions (debit/credit to wallet). It does not facilitate participation in rights issues, share purchase plans (SPPs), DRPs or shareholder votes because shares are held in a managed investment scheme by the custodian, not in the user's name. No explicit fee, but corporate action access is materially restricted. | Standard US corporate action processing applies (dividends, splits, mergers). Mandatory corporate actions are processed at no fee; voluntary corporate actions (e.g. tender offers) may incur a fee per tastytrade's fee schedule. |
| costs visible | ||
| ASX brokerage minimum | $0 | — |
| ASX brokerage percentage | 0% | — |
| ASX free trade conditions | Zero commission applies to all non-leveraged (real) ASX share and ETF purchases. Leveraged / short positions are executed as CFDs and incur 0.15% open/close spread plus overnight financing. | Not applicable — tastytrade does not offer ASX trading. |
| US brokerage minimum | US$0 | US$0 |
| US brokerage percentage | 0% | 0% |
| Monthly platform fee | $0/month | $0/month |
| Annual platform fee | $0/year | $0/year |
| Inactivity fee | $10 | $0 |
| Withdrawal fee (AUD) | $0 | — |
| identity and trust | ||
| Legal entity name | eToro AUS Capital Limited | tastytrade, Inc. |
| AFSL number | 491,139 | — |
| AUSTRAC registration | Yes | — |
| Year founded | 2,017 | 2,017 |
| Parent / ownership | eToro Group Ltd (NASDAQ: ETOR) — listed 14 May 2025; originally founded in Israel by Yoni and Ronen Assia. eToro AUS Capital Limited is a wholly-owned Australian subsidiary. | IG Group Holdings plc (LSE: IGG) |
| Country of incorporation | Australia | US |
| Public company status | public | public |
| money movement | ||
| Minimum initial deposit | $50 | $0 |
| Minimum subsequent purchase | $50 | $0 |
| Deposit methods | Bank transfer, Debit card, Credit card, PayPal, Skrill, Neteller, POLi, Online banking | international wire (USD), ACH (US only), check (US only) |
| Settlement period | T+2 ASX, T+1 US (settlement managed by the eToro Service custodian; user funds reflect immediately in eToro wallet) | T+1 (US equities/ETFs, from May 2024) |
| Withdrawal time | 1-2 business days for eToro processing; total 2-10 business days end-to-end depending on payment method (bank transfer longer than card) | International wire withdrawals to AU typically 3-5 business days |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | No | Yes |
| Demo account | Yes | Yes |
| Free real-time market data | Yes | Yes |
| Free research reports | No | No |
| 2FA support | SMS + authenticator app | authenticator app |
| Customer support channels | Live chat (Club members only), Email / web ticket, Help centre | phone, email, live chat |
| Support hours (AU time) | — | Monday-Friday, approx. 7am-5pm US Central Time = approx. 10pm-8am AET (next day). Weekend support limited. No AU business-hours coverage. |
| Education content | video + courses | video + courses |
| tax and reporting | ||
| Australian tax statement | Yes | No |
| Distribution component breakdown | — | No |
| CGT calculator / report | Yes | Yes |
| Sharesight / Navexa integration | No | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | Yes |
| Conditional orders | Yes | Yes |
| Auto-invest / DCA | Yes | No |
| Auto-invest sophistication | multiple | none |
| DRP (dividend reinvestment) | No | No |
| After-hours / overnight trading | No | Yes |