eToro
★★★★★3.9/5
Strengths
- 0€ Stock Trading
- Copy Trading
- Social Features
- Many Deposit Methods
- Demo Account
Weaknesses
- Spreads on CFDs
- $5 Withdrawal Fee
Best for
Social Trading
Go to eToro →* Affiliate link · no extra cost for you
Broker Comparison 2026
eToro vs. Smartbroker+
Detailed comparison of all fees, features, and suitability — updated for 2026.
eToro
vs
Smartbroker+
Our Recommendation
eToro is the better choice for Social Trading, while Smartbroker+ wins for Free Trades. Which one suits you depends on your strategy — the detailed comparison below shows every difference.
Numeric Comparison
| Metric | eToro | Smartbroker+ | Difference |
|---|---|---|---|
| Order fee per trade | 0.00 € | 0.00 € | identical |
| 10y savings plan cost @ €100/month | 0 € | 0 € | identical |
| Interest on €10,000 cash (1 year) | 4.55 % = 455 € | — | +455 € more at eToro / year |
| Free ETF savings plans | 0 | 2.000 | +2.000 more at Smartbroker+ |
| Available exchanges | 1 | 3 | +2 more at Smartbroker+ |
| BMInsider rating | 3.9/5 | 4.0/5 | +0.1 at Smartbroker+ |
Bottom line: on €10,000 cash eToro earns about 4.550 € more interest over 10 years.
Smartbroker+
★★★★★4.0/5
Strengths
- 0€ Trades from €500
- Free Savings Plans
- Xetra Access
- Options Available
Weaknesses
- Relatively New
- App Still in Development
Best for
Free Trades
Go to Smartbroker+ →* Affiliate link · no extra cost for you
Detailed Comparison
All fees, products, and platform features compared side-by-side. The "Winner" column shows which broker leads in each category.
| Feature | eToro | Smartbroker+ | Winner |
|---|---|---|---|
| Fees & Costs | |||
| Order Fee | 0€ (Aktien) / Spread (CFDs & Krypto) | 0€ (gettex, from 500€) / 4€ (Xetra) | Tie |
| ETF Savings Plan Fee | - | 0€ | Smartbroker+ |
| Account Fee | 0€ + $5 Auszahlungsgebühr | 0€/Year | Tie |
| Minimum Deposit | $50 | 0€ | Tie |
| Interest on Cash | bis 4.55% (eToro Money) | 0% | eToro |
| Product Range | |||
| Stocks | Tie | ||
| ETFs | Tie | ||
| Crypto | Tie | ||
| Options | Smartbroker+ | ||
| CFDs | Tie | ||
| Fractional Shares | Tie | ||
| Number of Exchanges | eToro-intern | gettex, Xetra, und weitere | Smartbroker+ |
| Platform & Tools | |||
| Mobile App | Tie | ||
| Desktop Platform | Tie | ||
| Demo Account | eToro | ||
| Security & Regulation | |||
| Regulated by | CySEC / FCA | BaFin | Tie |
| Deposit Protection | €20.000 (ICF) | 100.000€ | Tie |
| Founded | 2007 | 2019 | Tie |
| Overall Rating | |||
| Rating | ★★★★★ | ★★★★★ | Smartbroker+ |
Which Broker for Whom?
Depending on your strategy and experience, one broker fits better. Here's how to decide:
For Beginners
eToro
Low barriers, simple app, demo account and no hidden costs — perfect to get started.
More about eToro →For Active Traders
Smartbroker+
Low per-order fees, many trading venues and derivatives access — important if you trade regularly.
More about Smartbroker+ →For Long-Term Investors
eToro
Free savings plans, interest on cash and no custody fee — what matters when you buy & hold.
More about eToro →Detailed Assessment
Who is eToro?
eToro combines social trading with commission-free stock trading. Ideal for beginners who want to learn from experienced traders.
Strengths in Detail
- 0€ Stock Trading
- Copy Trading
- Social Features
- Many Deposit Methods
- Demo Account
Weaknesses
- Spreads on CFDs
- $5 Withdrawal Fee
- Only Traded on eToro Platform
- USD Conversion Fee
Who is eToro worth it for?
Particularly suitable for: Social Trading, Beginners, Copy Trading, Crypto.
Who is Smartbroker+?
Smartbroker+ offers free trades from €500 order volume and free Xetra access. A strong competitor to Trade Republic.
Strengths in Detail
- 0€ Trades from €500
- Free Savings Plans
- Xetra Access
- Options Available
Weaknesses
- Relatively New
- App Still in Development
- No Interest on Cash
Who is Smartbroker+ worth it for?
Particularly suitable for: Free Trades, Savings Plan Investors, Cost-Conscious Investors.
eToro vs Smartbroker+ — Cypriot social-trading platform vs German Gettex discount broker
eToro (eToro Europe Ltd., CySEC Cyprus, USD base) and Smartbroker+ (Wallstreet Online Capital AG, BaFin, Berlin) are different multi-asset brokers. eToro focuses on social trading with real stocks at 0.09–0.39% spread and spot crypto 1%. Smartbroker+ offers €0 orders from €500 volume on Gettex (€1/order below), 2 400 free ETF savings plans, all stock savings plans free, plus bonds and classic mutual funds.
Honest take: Smartbroker+ is the pick for DACH buy-and-hold with large Gettex buys plus savings plans. eToro is the pick for US stock trading, social following and spot crypto.
When eToro is the better pick
You want social trading / CopyTrader. eToro from $200. Smartbroker+ has no social feature.
You want real crypto coins. eToro 100+ spot. Smartbroker+ has no real crypto coins.
You want cheap US stocks. eToro 0.15% spread. Smartbroker+ US stocks via Gettex limited; on US venues €4 + FX spread.
You want smart portfolios. eToro thematic bundles. Smartbroker+ only single stocks.
You want optional CFDs. eToro CFDs. Smartbroker+ has no CFDs.
When Smartbroker+ is the better pick
You want zero commission on large DACH buys. Smartbroker+ from €500 Gettex volume €0. eToro 0.25% spread on EU stocks scales with size.
You want the German tax certificate. Smartbroker+ withholds 25% KESt automatically. eToro pays gross.
You want EUR base account. Smartbroker+ EUR. eToro USD.
You want stock savings plans (single stocks). Smartbroker+ also offers single-stock savings plans from €1 — all free. eToro has no savings plans.
You want bonds and classic mutual funds. Smartbroker+ offers 25 000+ bonds, many funds. eToro has no bonds or classic funds.
Taxes — DACH specifics
Germany — Smartbroker+ steuereinfach, eToro not. Smartbroker+ withholds 25% KESt automatically. eToro gross.
Crypto: eToro spot crypto §23 EStG. Smartbroker+ has no crypto.
Austria — neither steuereinfach. Both via FinanzOnline E1kv.
Vorabpauschale 2026: Smartbroker+ books automatically. eToro self.
US withholding: Smartbroker+ W-8BEN, 15% credited. eToro 15% deducted, self-credit.
Cost example — Multi-asset investor over 1 year
Profile: 6 manual €5 000 buys on Gettex (DAX stocks), 1 monthly €300 ETF savings plan, 4 US stock buys at $1 000, 1 crypto €500, 1 EUR withdrawal €3 000.
| Item | Smartbroker+ | eToro |
|---|---|---|
| 6× DACH stock €5 000 | €0 (≥€500 Gettex) | ≈€75 (0.25% spread) |
| 12× €300 ETF savings plan | €0 | not offered |
| 4× $1 000 US stock | 4× (€4 + FX 0.3%) = ~€28 | ≈€5 (0.15% spread) |
| 1× crypto €500 | not offered | €5 (1%) |
| EUR withdrawal €3 000 | €0 | ~€35 ($5 + FX) |
| Yearly cost | ≈€28 | ≈€120 |
Smartbroker+ ~€92 cheaper via Gettex €0 tariff, free savings plans and no FX withdrawal. eToro only wins on US stock spread — with 50+ US trades/year eToro pays off for that aspect.
Verdict by investor profile
DACH buy-and-hold with large Gettex buys
Pick: Smartbroker+. €0 from €500 unbeatable.
ETF savings-plan investor
Pick: Smartbroker+. 2 400 free savings plans.
US stock high-frequency investor
Pick: eToro. 0.15% spread.
Social trader
Pick: eToro. CopyTrader unique.
Bond/mutual-fund investor
Pick: Smartbroker+. 25 000+ bonds. eToro none.
Frequently Asked Questions
Answers to the most common questions about eToro vs Smartbroker+.
For order fees, eToro leads at 0€ (Aktien) / Spread (CFDs & Krypto), while Smartbroker+ charges 0€ (gettex, ab 500€) / 4€ (Xetra). Note: with CFD brokers, spreads add hidden cost — the lower nominal price isn't always cheaper overall.
eToro is regulated by CySEC / FCA, Smartbroker+ by BaFin. Both fall under EU oversight. Deposit protection: eToro €20.000 (ICF), Smartbroker+ 100.000€.
For German/Austrian customers, language, BaFin regulation and tax-simple status often matter most. Check the 'Regulated by' and 'Languages' rows — DACH-focused brokers usually have the edge.
Smartbroker+ offers free ETF savings plans from 1€. If a savings plan matters to you, that's a clear edge.
Both are covered under their home regulator's deposit protection. eToro: €20.000 (ICF), Smartbroker+: 100.000€. Securities are held in segregated accounts and protected in case of broker insolvency.
eToro leads on cash interest at 4.55%. Watch the conditions — some brokers require a paid plan or cap the amount.
Both offer native mobile apps with good app-store ratings. Which is better depends on your needs — try both with a demo account if available.
A second broker makes sense when one offers features the other lacks (e.g. options, crypto, more exchanges). A full switch is only worth it if the cost difference or missing features are significant.
Ready to Get Started?
Sign up with the broker that fits your strategy. Both are regulated and offer a demo account to test risk-free.