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

Headquarters	Israel	Singapore
Regulators	ASIC, CySEC, FCA, FSA	ASIC, MFSA
Tier 1 Regulator(s)?
Owned by Public Company?
Year Established	2007	2016
Execution Type(s)	Market Maker	Market Maker
Minimum Deposit	$50 - $10,000	$0
Negative Balance Protection		N/A
Trading Platform(s)	Proprietary platform	Proprietary platform, Web-based
Average Trading Cost EUR/USD	1.0 pips	N/A
Average Trading Cost GBP/USD	2.2 pips	N/A
Average Trading Cost WTI Crude Oil	$0.05	N/A
Average Trading Cost Gold	$0.45	N/A
Retail Loss Rate	74%	N/A
Minimum Raw Spreads	0.8 pips	N/A
Minimum Standard Spreads	1.3 pips	N/A
Minimum Commission for Forex	$0.00	N/A
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
	Get Started	Get Started

Features and Platforms

MT4
MT5
MT4/MT5 Add-Ons		N/A
cTrader
Proprietary Platform
Automated Trading
Social/Copy Trading		N/A
DOM?
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
OCO Orders
Interest on Margin
	Get Started	Get Started

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

Currency Pairs		N/A
Cryptocurrencies
Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks		N/A
Stocks (non-CFDs)
Bonds		N/A
ETFs
Options		N/A
Futures
Synthetics
	Get Started	Get Started

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

Average Trading Cost EUR/USD	1.0 pips	N/A
Average Trading Cost GBP/USD	2.2 pips	N/A
Average Trading Cost WTI Crude Oil	$0.05	N/A
Average Trading Cost Gold	$0.45	N/A
Average Trading Cost Bitcoin	$574	0.04% to 0.40%
Minimum Raw Spreads	0.8 pips	N/A
Minimum Standard Spreads	1.3 pips	N/A
Minimum Commission for Forex	$0.00	N/A
Deposit Fee		N/A
Withdrawal Fee		N/A
Inactivity Fee	$10 monthly after 12 monthd	N/A
	Get Started	Get Started

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

Country of the Regulator	Australia, Cyprus, Seychelles, United Kingdom	Australia, Spain, France, Malta, Netherlands, United Kingdom
Name of the Regulator	ASIC, CySEC, FCA, FSA	ASIC, MFSA
Regulatory License Number	491139, 109/10, 583263, SD076	Authorised as an EMI, Class 3 Virtual Financial Assets Service Provider, Authorised as a DASP, registration with DNB, Authorised as a VASP, 467462
Regulatory Tier	N/A	1, 1, 1, 1, 1, 1
	Get Started	Get Started

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.

You might also be interested in reviewing the below broker comparisons:

• Crypto.com vs Binance
• eToro vs OctaFX
• eToro vs Fineco

Read full eToro Review

Read full Crypto.Com Review