eToro vs. Shrimpy

eToro is probably best suited for persons with basic trading and/or investment needs, not experienced traders. The latter group will probably benefit from more sophisticated tools, such as advanced charting and analysis. In addition, I believe such traders will demand tighter spreads than those available on the eToro platform

Incentivized

Shrimpy is a good visual aid but it lacks some key features, such as a mobile app.

Incentivized

• Excellent presentation of cost basis
• Easy to get exposure to crypto as well as traditional investments
• Allows copy trading

Incentivized

• Connects accounts.
• Automate trading however i don't use this currently.
• Copy trades etc.

Incentivized

• eToro has met our needs for an online and investment platform.
• I cannot think of anything in which eToro can improve.

Incentivized

• No financial security.
• No mobile app (yet).

Incentivized

eToro is definitely geared more toward the investor crowd with more familiar looking charts and cost basis tracking than dedicated crypto wallets or services. I use it alongside others, but definitely like the features here for making strictly investment related decisions and research on general market changes, movements, and activities.

Incentivized

Shrimpy is simpler to use, and the portfolio rebalancing to adjust to market movements is its best asset. This was used for stocks and shares prior and works in a similar way with crypto. Not sure as to the long-term gains this will provide but the theory stacks up.

Incentivized

• 10-15% ROI per annum since signing up to eToro two years ago

Incentivized

• Crypto has taken a hit so ROI is negative at the moment but it will go back up.

Incentivized