Trading app tradeoff: eToro vs. Webull
Sep 23, 2025・4 min read
Crypto trading isn’t limited to specialized platforms. While centralized and decentralized exchanges handle most of the volume, more mainstream fintech apps now include crypto alongside traditional assets. eToro and Webull are examples: both started as brokerages for stocks and ETFs, but now let users add a little Bitcoin (BTC) or other coins to their portfolios. Still, just because these brokerages support crypto doesn’t mean they offer the same range of options.
Whether you’re focused on traditional markets or digital assets, it’s essential to review a brokerage’s reputation before opening an account. In this guide, we'll compare the full details on eToro versus Webull to help you decide which platform best fits your needs.
What’s eToro?
eToro is an Israel-based brokerage founded in 2007 that now serves millions of clients worldwide with multi-asset trading. While it began with traditional financial products, eToro still offers assets such as stocks, ETFs, and foreign currencies across hundreds of jurisdictions. In 2017, eToro added Bitcoin trading and has since expanded to support more than 100 cryptocurrencies. However, crypto on eToro remains custodial – users can only hold coins in the eToro Money crypto wallet. This gives traders price exposure to digital assets, but they can’t transfer them to self-custodial wallets or use them on decentralized applications (dApps).
Beyond its broad asset support, eToro is known for its Social Trading model. An eToro account includes a feed where users share market news, reactions, and trading ideas in a social media-style format. The platform also offers CopyTrader, a feature that lets investors allocate funds to professional traders and mirror their moves for a fee. For beginners, eToro provides extras like a demo account for simulated trading, educational content, and professionally managed Smart Portfolios.
What’s Webull?
Founded in 2016, Webull is a U.S.-based brokerage that has attracted millions of users worldwide. Like eToro, it offers access to both traditional assets, such as stocks, and a limited set of cryptocurrencies through custodial accounts. Until 2025, Webull handled crypto separately through the Webull Pay app, but those services are now integrated into the main platform, so users can manage all assets in one place. Webull’s crypto lineup covers about 30 coins, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Custody of these assets is managed by Bakkt and the centralized exchange (CEX) Coinbase.
For advanced traders, Webull provides technical charting, overnight trading, margin, and futures. For more conservative investors, the platform also offers fixed income products such as U.S. Treasuries, money market funds, and high-yield cash accounts. Webull is available on both desktop and mobile, and its parent company trades publicly on the NASDAQ.
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eToro vs. Webull: Key differences
eToro and Webull share a similar strategy: Both leverage fintech to make trading more accessible. While they overlap in many features, several distinctions set them apart and help investors decide which platform best suits their goals.
How to choose between eToro and Webull
Choosing between eToro and Webull comes down to which platform better matches a trader’s goals. Those interested in an active community and copy trading will only find these features on eToro, while Webull appeals more to advanced traders with technical analysis tools and products like futures, OTC, and overnight trading.
For cryptocurrency, both platforms offer custodial exposure, meaning users can’t move assets to self-custodial wallets or use them on dApps. However, eToro lists significantly more cryptocurrencies, making it the better choice for traders seeking mid-cap or smaller altcoins.
Both eToro and Webull are reputable brokerages for stocks, ETFs, and crypto. Before deciding, traders should review each platform’s products and features to determine which setup best fits their investing strategy.
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FAQ
Is Webull or eToro better for crypto trading?
eToro and Webull offer reputable custodial crypto trading services, but eToro currently lists over 100 cryptocurrencies, compared with about 30 on Webull. Traders looking for more altcoins are more likely to find them on eToro.
What’s the best platform for beginners: eToro or Webull?
Both platforms cater to beginners with commission-free trading on stocks and ETFs, paper trading, and intuitive desktop and mobile apps. Although Webull includes advanced features like technical charting, new users don’t have to use them to place orders. Webull also appeals to beginners who want more passive investing options, such as high-yield cash deposits or U.S. Treasuries. Meanwhile, eToro’s Social Trading provides an interactive environment that may be more attractive for those who want to learn by following other investors.
Does Webull have copy trading like eToro?
No. Webull doesn’t currently offer a service comparable to eToro’s CopyTrader.
Disclaimer: This post is informational only and is not intended as tax advice. For tax advice, please consult a tax professional.