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.

Headquarters
IsraelSingapore
Regulators
ASIC, CySEC, FCA, FSAASIC, MFSA
Tier 1 Regulator(s)?
Owned by Public Company?
Year Established
20072016
Execution Type(s)
Market MakerMarket Maker
Minimum Deposit
$50 - $10,000$0
Negative Balance Protection
N/A
Trading Platform(s)
Proprietary platformProprietary platform, Web-based
Average Trading Cost EUR/USD
1.0 pipsN/A
Average Trading Cost GBP/USD
2.2 pipsN/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 pipsN/A
Minimum Standard Spreads
1.3 pipsN/A
Minimum Commission for Forex
$0.00N/A
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
Get StartedGet 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
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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

Currency Pairs
N/A
Cryptocurrencies
Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks (non-CFDs)
Bonds
N/A
ETFs
Options
N/A
Futures
Synthetics
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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 pipsN/A
Average Trading Cost GBP/USD
2.2 pipsN/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 pipsN/A
Minimum Standard Spreads
1.3 pipsN/A
Minimum Commission for Forex
$0.00N/A
Deposit Fee
N/A
Withdrawal Fee
N/A
Inactivity Fee
$10 monthly after 12 monthd N/A
Get StartedGet 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 KingdomAustralia, Spain, France, Malta, Netherlands, United Kingdom
Name of the Regulator
ASIC, CySEC, FCA, FSAASIC, MFSA
Regulatory License Number
491139, 109/10, 583263, SD076Authorised 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/A1, 1, 1, 1, 1, 1
Get StartedGet 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

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.

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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.

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