eToro vs Nutmeg, Who's The Best?
Read our In-Depth eToro vs Nutmeg Review - 2025 Update
This review comparing eToro and Nutmeg has been refreshed for 2025 from industry experts boasting significant financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of eToro vs Nutmeg does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
Nutmeg Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs Nutmeg
All online trading platforms has some pros and cons, so any comprehensive review of eToro and Nutmeg should not be regarded as thorough without adopting a balanced approach.
Compare eToro and Nutmeg to get a better understanding of just how they line up with one another prior to you decide to create an account. Performing a side-by-side comparison can place factors into perspective to ensure that you're aware of the expectations.
So you are looking for a professional broker and are choosing between eToro or Nutmeg. Who should you choose?
Our eToro vs Nutmeg comparison contains the latest information so you can easily compare Nutmeg against eToro.
If you're a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You'll get proficient at all of the concepts of broker since you keep trading. For starters, you have to choose the ideal agent who will be clear with you constantly.
In this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. eToro and Nutmeg are two such stages which will take you and your investment into great heights. It is crucial to compare eToro vs Nutmeg before you trust them with your money.
Our eToro vs Nutmeg comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and Nutmeg side by side.
Our full eToro vs Nutmeg Review covers everything you will need to know about trading with either eToro or Nutmeg. A good agent can multiply your initial investments and provide you positive profits. If you want to make profits, you must trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire way to guarantee profits; thus, you should carefully analyze your broker before you choose them. It is a common misconception that all brokers are the same, but that's not true. Wrong judgment, in the beginning, can put your investments at risk.
eToro and Nutmeg are both brokers which have paved their way successfully into the broker world. In this review, we have attempted to collate a number of the vital aspects of both eToro and Nutmeg. This review will help you to understand whether either Nutmeg or eToro is a fantastic fit for your investments or not. We have attempted to breakdown all of the features and fees for your convenience.
Benefits of eToro and Nutmeg Compared
eToro offers a minimum deposit of $50 while Nutmeg offers a $0 minimum deposit.
Why smaller minimum deposits are good and how eToro and Nutmeg compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
eToro allows you to trade around 100 financial instruments whilst Nutmeg has around 100 financial instruments on their platform.
The more instruments you can trade on the eToro and Nutmeg platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of eToro or Nutmeg.
eToro and Nutmeg Contact Details
Being able to contact a broker through many ways is vital. eToro and Nutmeg have the following contact details and social medias that you can use.
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Broker | eToro | Nutmeg |
Telephone Number | ||
support@etoro.com | ||
Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | |
eToro Twitter Account | Nutmeg Twitter Account | |
eToro Facebook Page | Nutmeg Facebook Page | |
eToro Instagram Account | Nutmeg Instagram Account | |
eToro LinkedIn Page | Nutmeg LinkedIn Page | |
YouTube | eToro YouTube Channel | Nutmeg YouTube Channel |
Find Out More |
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Nutmeg and eToro Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of eToro and Nutmeg we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
eToro vs Nutmeg - Awards
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Broker | eToro | Nutmeg |
Awards |
eToro have won many industry awards over the time they have been operating as a financial broker. We show the most notable awards for eToro here.
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At the time of writing this Nutmeg review, and despite Nutmeg’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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eToro vs Nutmeg - Frequently Asked Questions
eToro vs Nutmeg - Headquarters And Year Of Founding
eToro was founded in 2007 and has its headquaters in Cyprus, UK.
Nutmeg was founded in 2008 and has its headquaters in USA.
What is the minimum deposit for Nutmeg or eToro
The minimum deposit for eToro is $50.
The minimum deposit for Nutmeg is $0.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both eToro and Nutmeg are a good option.
eToro vs Nutmeg - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Nutmeg is regulated by Unregulated.
Nutmeg is unregulated but eToro has a strong collection of rules for ensuring honest trading on its platforms. For information encryption functions, they supply industry-standard secure socket layer (SSL).
In accordance with their privacy policy, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare eToro vs Nutmeg Commission And Fees
eToro and Nutmeg are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the number of clients they have.
However, this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily three types of fees for this objective.
The first kind of fees to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're billed trading charges. In these instances, you're spending a spread, financing speed, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are those who are charged when you hold a leveraged position for more than a day.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They are billed for operations like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither eToro or Nutmeg charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who regularly trade, such as daily or weekly trading.
But, non-trading fees billed by eToro and Nutmeg are relatively lower. Consequently, you are billed more for non-trading actions in your trading account, like withdrawal and deposits. These are not related to the sale and purchase of resources.
This eToro vs Nutmeg review for 2025 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For eToro And Nutmeg
What Languages Do eToro And Nutmeg Support?
Being able to chat completely with your online broker is a key element when comparing trading platforms to find your perfect broker. Not only for support but to be sure you understand everything on their website and inside their app as it is a key factor to success when trading forex.
Here you can find the languages that both eToro and Nutmeg support.
How Many Clients Do eToro and Nutmeg Have?
Both eToro and Nutmeg are well known and trusted. It is important to work with an online broker that is reputable and one of the most simple ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers eToro and Nutmeg have
What Payment Methods Do eToro and Nutmeg Accept?
eToro and Nutmeg both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at eToro and Nutmeg
What Can You Trade With eToro and Nutmeg?
eToro offers 100 trading instruments whilst Nutmeg offers 273.
Below you will find a full breakdown of what both eToro and Nutmeg offer.
eToro Review
eToro vs Nutmeg:
Table Of Contents
- Compare eToro vs Nutmeg
- Benefits of eToro and Nutmeg Compared
- Nutmeg and eToro Mobile App Comparison
- eToro vs Nutmeg - Awards
- eToro vs Nutmeg - Frequently Asked Questions
- What is the minimum deposit for Nutmeg or eToro
- eToro vs Nutmeg - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And Nutmeg
- What Languages Do eToro And Nutmeg Support?
- How Many Clients Do eToro and Nutmeg Have?
- What Payment Methods Do eToro and Nutmeg Accept?
- What Can You Trade With eToro and Nutmeg?