eToro vs Nutmeg - BrokerCue
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Broker Comparison

eToro vs Nutmeg

Compare eToro and Nutmeg side by side: fees, regulation, platforms.

eToro

eToro

Social, multi-asset investors

eToro is a multi-asset platform with stocks, ETFs, crypto, CFDs, CopyTrader, Smart Portfolios and a free $100โ€ฆ

VS
Nutmeg

Nutmeg

Hands-off UK portfolio investors

Nutmeg is a UK robo-advisor offering managed and fixed-allocation portfolios across ISAs, a personal pension โ€ฆ

Head-to-head comparison

eToro vs Nutmeg
Feature eToro Nutmeg
Minimum deposit - -
Stock trading fee $1 or $2 may apply when opening and closing a stock position -
Regulators CySEC, FCA, ASIC, FSAS, FSRA FCA
Best for Social, multi-asset investors Hands-off UK portfolio investors
Markets & account
Stocks
-
ETFs
Forex
-
CFDs
-
Crypto
-
Options
-
Futures
-
Fractional Shares
-
Investment Plans
-
Ready Made Portfolios
Margin
-
Multi Currency
-
Demo Account
-
Isa

Pros & cons

eToro

eToro

Pros

  • No account opening fee
  • No management fee
  • No inactivity fee
  • Commission-free ETF trading
  • Free $100,000 demo account
  • CopyTrader replicates other investors
  • No extra fees for CopyTrader
  • No conversion fees on same-currency local accounts

Cons

  • USD account withdrawals cost $5
  • Stock commission of $1-$2 per trade
  • Crypto starts at 1.00% for Bronze, Silver and Gold
  • Crypto transfers to wallet cost 2%
  • Selling crypto in the wallet costs 0.6% - 1%
  • Some non-leveraged stock positions execute as CFDs
  • Some non-leveraged ETF positions execute as CFDs
  • Crypto not covered by ICF or FSCS
Nutmeg

Nutmeg

Pros

  • FCA-regulated with FSCS protection up to ยฃ85,000
  • Backed by JPMorgan Chase since 2021
  • No deposit, withdrawal or inactivity fees
  • Six portfolio styles including ESG, Income and Smart Alpha
  • Covers ISA, Lifetime ISA, Junior ISA, personal pension and GIA
  • Transparent fee structure with no hidden charges
  • Low minimum of ยฃ100 for Junior ISA and Lifetime ISA

Cons

  • Managed portfolio fees of up to 0.75% are higher than some robo-advisor competitors
  • No self-directed stock or share picking
  • No demo account
  • No SIPP - only a managed personal pension
  • No fractional shares or direct equity trading
  • ยฃ500 minimum for ISA, personal pension and GIA
  • Brand retired in November 2025 and merged into J.P. Morgan Personal Investing
eToro

eToro

eToro is a multi-asset platform with stocks, ETFs, crypto, CFDs, CopyTrader, Smart Portfolios and a free $100,000 demo account.

Your capital is at risk. Other fees apply.

Nutmeg

Nutmeg

Nutmeg is a UK robo-advisor offering managed and fixed-allocation portfolios across ISAs, a personal pension and a general investment account, regulated by the FCA.

Your capital is at risk. Other fees apply.

Not the right match?

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