eToro versus Crypto.com
eToro shines with its social trading community, exceeding 25M traders, which received a boost following the ongoing expansion into the cryptocurrency sector with the announcement of an NFT fund. eToro grows its base on the back of CopyTrader, CopyPortfolios, and in-house managed thematic investment portfolios. The addition of the eToro Academy, a quality educational portal, caters to beginner traders.
Crypto.com, based in Singapore, became a leading cryptocurrency exchange, and expanded into binary options trading following its acquisition of US-based NADEX. Cryptocurrency traders benefit from cutting-edge tools and services. They include margin and derivatives trading, wallet, and payment services, a blockchain explorer, and an NFT marketplace.
We have conducted an in-depth review of eToro and Crypto.com to determine which one presents the better overall choice and which traders will benefit the most at either broker.
- Features and Platforms
- Available Markets
- Typical Spreads and Fees
- Security and Trust
- eToro vs. Crypto.com - Verdict
Features and Platforms
| Features & Platforms | eToro (visit site) | Crypto.com (visit site) |
 |  | |
| Headquarter: | Israel | Singapore |
Established : | 2007 | 2016 |
Retail Loss Rate: | Undisclosed | Undisclosed |
Regulation: | ||
Minimum Deposit: | $10 - $10,000 | Dependent on the minimum order quantity |
Demo Account: | ||
Managed Account: | ||
Islamic Account: | ||
Inactivity Fee | $10 monthly after 12 months | |
Deposit Fee: | Third-Party | Third-Party |
Withdrawal Fee | Yes + Third-Party | Yes + Third-Party |
Funding Methods: | 10 | 3 |
MT4: | ||
MT5: | ||
cTrader: | ||
Proprietary Platform: | ||
Automated Trading: | ||
Social / Copy Trading: | ||
MT4/MT5 Add-ons: | ||
Guaranteed Stop Loss: | ||
Negative Balance Protection: | ||
Bonuses and Promotions: | ||
Unique Feature One: | Large trading community | Cryptocurrency Staking |
Unique Feature Two: | Copy-trading platform | Cryptocurrency Loans |
Broker Offers: | *74% of retail CFD accounts lose money |
Noteworthy:
eToro and Crypto.com provide beginners with quality educational resources and market commentary, although eToro comes in ahead due to its “The Bull Club” webinar series.
Available Markets
| Available Markets | eToro | Crypto.com |
| Currency Pairs: | ||
Cryptocurrency Pairs: | ||
Commodities and Metals: | ||
Indices: | ||
Equities: | ||
Bonds: | ||
ETFs: | ||
Options, Futures, and Synthetics: | ||
Maximum Retail Leverage: | 1:30 | 1:100 |
Maximum Pro Leverage: | Undisclosed | 1:100 |
The choice of trading instruments at eToro remains sufficiently balanced, focused on equity CFDs and ETFs. eToro features 2,000+ CFDs and offers direct share dealing for long-term investors. Crypto.com is exclusively a cryptocurrency exchange. It only offers approximately 300 cryptocurrency instruments.
Typical Spreads and Fees
| Typical Spreads & Fees | eToro | Crypto.com |
Minimum Raw Spreads: | Not applicable | Not applicable |
Minimum Standard Spreads: | 1.0 pips | 0.01 |
Minimum Commission for Crypto: | Commission-free | 0.40% |
Commission for Equity CFDs: | 0.09% | Not applicable |
Cash Rebates: | ||
Execution Type: | Market Maker | Exchange |
Trading costs at eToro are above-average, with the minimum commission-free EUR/USD fees commencing at $10 per standard lot. Cryptocurrency fees at eToro come with a 1.0% markup on market spreads compared to 0.40% at Crypto.com, which decreases with volume. Traders should also consider swap rates on leveraged overnight positions, as Crypto.com applies them every six hours, while eToro applies them daily.
Security and Trust
eToro
| Country of the Regulator | Name of the Regulator | License Number |
US | N/A | N/A |
Cyprus | Cyprus Securities Exchange Commission | 109/10 |
UK | Financial Conduct Authority | 583263 |
Australia | Australian Securities and Investments Commission | 491139 |
Seychelles | Financial Services Authority | SD076 |
Crypto.com
| Country of the Regulator | Name of the Regulator | License Number |
Australia | Australian Securities and Investments Commission | 467462 |
Malta | Malta Financial Services Authority | Class 3 Virtual Financial Assets Service Provider |
eToro and Crypto.com both segregate client deposits from corporate funds, offer negative balance protection, and have clean regulatory records. eToro also provides a $1,000,000 third-party insurance program underwritten by Lloyd's of London. eToro plans a US IPO, and while both companies remain trustworthy, the client protection at eToro remains notably superior.
eToro vs Crypto.com – Verdict
eToro
| Pros | Cons |
| Copy-trading with a community numbering almost 25 million traders | Higher minimum deposit requirement but within a reasonable range |
| User-friendly web-based trading platform and mobile app | Absence of MT4 and no algorithmic trading |
| Quality educational offering for beginner traders via videos | |
| Balanced asset selection with a focus on equity CFDs and ETFs |
Crypto.com
| Pros | Cons |
| Cutting-edge trading tools and services for the entire cryptocurrency spectrum | Limited cryptocurrency asset selection considering the size of the market |
| Deep liquidity and a competitive multi-tier cost structure | |
| Margin and derivatives trading plus an NFT marketplace | |
| A secure trading environment with regulatory licenses in select jurisdictions |
Crypto.com provides cryptocurrency traders with excellent infrastructure and low costs for short-term traders, but eToro remains a more balanced overall company and a better choice for most. The absence of algorithmic trading support at both is notable, but cryptocurrency staking is equally available.
FAQs
Which is better, Crypto.com or eToro?
It depends on your individual requirements, but broadly, Crypto.com is better for cryptocurrency traders and eToro for social traders focused on equities and ETFs.
Is my crypto safe on eToro?
eToro offers 2-factor authentication (2FA), private on-chain addresses, adaptable security assisted by machine learning, and transport layer security encryption, making it safe for clients.
Can I withdraw crypto from eToro?
eToro allows crypto withdrawals via its Crypto Transfer service.
Is Crypto.com safe?
Crypto.com established itself as one of the most secure and trustworthy cryptocurrency exchanges globally.
Why is the Crypto.com price different?
The quoted prices depend on liquidity providers and internal markups. It can vary moderately between exchanges.
Should I buy into Crypto.com?
Crypto.com remains a privately held company.