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.
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