Share Trading comparison
eToro vs Tiger Brokers
The biggest practical difference here is ownership structure. eToro holds your ASX shares under a custodian model — you don't get a HIN and can't participate in rights issues or shareholder votes. Tiger Brokers is CHESS-sponsored, so you get your own HIN and full corporate action access. That alone decides which camp you fall into.
Choose
eToro
if…
- ›You want zero brokerage on ASX trades — eToro charges $0 for non-leveraged ASX share and ETF buys, no minimums attached
- ›You want to trade CFDs, crypto or access 15+ global markets from one account
- ›You want to start small — minimum deposit is $50 and you can buy fractional shares on both ASX and US stocks
- ›You want multiple deposit options including PayPal, credit card and Skrill, not just bank transfer
Choose
Tiger Brokers
if…
- ›You want CHESS sponsorship and your own HIN — Tiger Brokers is fully CHESS-sponsored, so your ASX holdings are in your name
- ›You trade options — Tiger Brokers supports US options trading; eToro does not
- ›You want IPO access and dividend reinvestment plans (DRPs), which eToro doesn't offer
- ›You want a desktop trading platform and after-hours US trading — Tiger has both, eToro doesn't
- ›You prefer phone support and faster withdrawal times — Tiger offers phone, live chat and often same-day bank transfers
Where they differ
| Fact | eToro | Tiger Brokers |
|---|---|---|
| ASX brokerage | $0 (all non-leveraged trades) | $3 min or 0.03% for trades over $10,000 |
| CHESS sponsorship | Custodian model — no individual HIN | CHESS-sponsored — individual HIN provided |
| FX spread (AUD/USD) | 0.0075% | 0.0055% |
| Options trading | Not supported | Supported (US options) |
| Minimum initial deposit | $50 | $500 |
Verdict
Pick eToro for zero-fee ASX trading and global access; pick Tiger Brokers if you want real share ownership and options.
Cost calculator
What would eToro vs Tiger Brokers 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 | Tiger Brokers |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | custodian | chess |
| Individual HIN | No | Yes |
| Individual account | Yes | Yes |
| Joint account | No | Yes |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| Kids / minor account | No | No |
| asset coverage | ||
| ASX shares supported | Yes | Yes |
| ASX ETFs supported | Yes | Yes |
| 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 | Hong Kong, China A-shares |
| Fractional shares (ASX) | Yes | No |
| Fractional shares (US) | Yes | Yes |
| Options trading | No | Yes |
| CFDs supported | Yes | No |
| Crypto trading | Yes | — |
| Managed funds | No | No |
| Bonds supported | No | No |
| IPO access | No | Yes |
| costs hidden | ||
| FX spread (AUD/USD) | 0.75% | 0.55% |
| 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. | — |
| costs visible | ||
| ASX brokerage minimum | $0 | $3 |
| ASX brokerage percentage | 0% | 0.03% |
| ASX brokerage threshold | — | $10,000 |
| 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. | New clients receive zero-brokerage on up to 4 trades per month on ASX/US stocks, ETFs or options (minimum brokerage waived; third-party fees still apply). |
| US brokerage minimum | US$0 | US$2 |
| US brokerage percentage | 0% | 0.01% |
| Monthly platform fee | $0/month | $0/month |
| Annual platform fee | $0/year | $0/year |
| Inactivity fee | $10 | $0 |
| Withdrawal fee (AUD) | $0 | $0 |
| Off-market transfer fee | — | $50 |
| identity and trust | ||
| Legal entity name | eToro AUS Capital Limited | Tiger Brokers (AU) Pty Limited |
| AFSL number | 491,139 | 300,767 |
| AUSTRAC registration | Yes | — |
| Year founded | 2,017 | 2,020 |
| 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. | UP Fintech Holding Limited (NASDAQ: TIGR) |
| Country of incorporation | Australia | AU |
| Public company status | public | public |
| money movement | ||
| Minimum initial deposit | $50 | $500 |
| Minimum subsequent purchase | $50 | $0 |
| Deposit methods | Bank transfer, Debit card, Credit card, PayPal, Skrill, Neteller, POLi, Online banking | PayID, PayTo, Bank transfer (direct credit) |
| Settlement period | T+2 ASX, T+1 US (settlement managed by the eToro Service custodian; user funds reflect immediately in eToro wallet) | T+2 (ASX), T+1 (US) |
| 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) | 1-2 business days (Tiger review) plus bank processing; can arrive same day |
| 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 | — |
| 2FA support | SMS + authenticator app | authenticator app |
| Customer support channels | Live chat (Club members only), Email / web ticket, Help centre | phone, email, live chat, in-app |
| Support hours (AU time) | — | Phone: 9am-5pm weekdays (AET). Live chat: 9am-8:30pm weekdays. Email: ongoing. |
| Education content | video + courses | structured courses |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| 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 | Yes |
| Auto-invest sophistication | multiple | single asset |
| DRP (dividend reinvestment) | No | Yes |
| After-hours / overnight trading | No | Yes |