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

Features & PlatformseToro (visit site)Crypto.com (visit site)
Headquarter:IsraelSingapore
Established :
20072016
Retail Loss Rate:
UndisclosedUndisclosed
Regulation:
Minimum Deposit:
$10 - $10,000Dependent on the minimum order quantity
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee
$10 monthly after 12 months
Deposit Fee:
Third-PartyThird-Party
Withdrawal Fee
Yes + Third-PartyYes + Third-Party
Funding Methods:
103
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 communityCryptocurrency Staking
Unique Feature Two:
Copy-trading platformCryptocurrency Loans
Broker Offers:
*78% 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 MarketseToroCrypto.com
Currency Pairs:
Cryptocurrency Pairs:
Commodities and Metals:
Indices:
Equities:
Bonds:
ETFs:
Options, Futures, and Synthetics:
Maximum Retail Leverage:
1:301:100
Maximum Pro Leverage:
Undisclosed1:100

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 & FeeseToroCrypto.com
Minimum Raw Spreads:
Not applicableNot applicable
Minimum Standard Spreads:
1.0 pips0.01
Minimum Commission for Crypto:
Commission-free0.40%
Commission for Equity CFDs:
0.09%Not applicable
Cash Rebates:
Execution Type:
Market MakerExchange

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 RegulatorName of the RegulatorLicense Number
US
US Securities and Exchange Commission (SEC)Undisclosed
Cyprus
Cyprus Securities Exchange Commission109/10
UK
Financial Conduct Authority583263
Australia
Australian Securities and Investments Commission491139
Seychelles
Financial Services AuthoritySD076

Crypto.com

Country of the RegulatorName of the RegulatorLicense Number
Australia
Australian Securities and Investments Commission467462
Malta
Malta Financial Services AuthorityClass 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

ProsCons
Copy-trading with a community numbering almost 25 million tradersHigher minimum deposit requirement but within a reasonable range
User-friendly web-based trading platform and mobile appAbsence 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

ProsCons
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.

Read full eToro Review

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.