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eToro vs Binance

eToro is a good crypto exchange for learning, socializing and copy-trading. How does it compare to Binance? Read our comparison chart below.

eToro is a social crypto trading platform known for its popular CopyTrading feature. They support a fair range of cryptocurrencies with staking rewards on a few coins. Their fees are moderate compared to other exchanges.

While Binance is one of the largest cryptocurrency exchanges by volume in the world. They offer some of the lowest fees of any exchange and support trading of over 600 coins. They have staking options, crypto loans, and a crypto Visa card, among a range of other features.

Compare eToro with Binance, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 eToro
eToro USA LLC and eToro USA Securities Inc.
 Visit SiteLearn More
 

eToro

Binance

OFFER
Deposit $100 and Get $10 from eToro USA LLC - Learn More

Read eToro Review

OFFER
Buy and Sell Cryptocurrency - Learn More

Read Binance Review

 

Benefits and Features

Stock Trading
$0; 3,000+ stocks & ETFs
 
Options Trading
$0
 
Annual Fee
None
 
Cryptocurrency Trading
Check
Check
Minimum Deposit$100 ($200 to start copy trading)
$0 ($10 Trade Minimum)
Mutual Fund Trading
No
 
Commission Free ETFs
Over 300 ETFs
 
Phone Support
None
 
Live Chat SupportOnline 24 hours,
Monday to Friday
 
Email Support
Yes
 
Human Advisors
No
 
Robo Advisor
No
 
Assets Under Management$7.5 Billion
(as of 09/30/2023)
 
Cryptocurrencies Supported
83 (21 in the US)
600+
Countries Supported
Over 100
Over 180
Fiat Currencies SupportedUSD, EUR, GBP, AUD, RMB, THB, IDR, MYR, VND, PHP, SEK, DKK, NOK, PLN, CZK, PEN, MXN, QAR, BHD, OMR, AED, SGD. Not available for US customers.AED, AUD, AZN, BGN, CAD, CHF, CLP, COP, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, ILS, ISK, JPY, KES, KRW, KZT, MXN, NGN, NOK, NZD, PEN, PHP, PLN, RON, RUB, SAR, SEK, THB, TRY, TWD, UAH, UGX, USD, UYU, VND, ZAR
Digital Wallet
Yes
Yes
Tax Loss Harvesting
No
 
Transaction Fee1% fee for buying or selling crypto.
0% commission for buying or selling stocks and ETFs.
0.10% - 0.02%
Copy Trading
Yes
No
Limit Orders
Yes
Yes
Margin TradingYes. Not available for US customers.
Yes
Spread 0.01% - 0.92% depending on cryptocurrency
Goal Tracker
Yes
 
Automatic Deposits
Yes
 
Crypto Loans
No
Yes
Broker Assisted Trades
Not available
 
Good For
Position traders
 
Inactivity Fee
$10/month
 
Maintenance Fee
$0
 
Online Platform
Yes
 
iPhone App
Yes (4.3 stars, 2.3K ratings)
 
Android App
Yes (4.0 stars, 133k ratings)
 
Bank Account Purchase Fee
No
 
Debit Card Purchase Fee
No
3.5% or $10, whichever is higher
Wallet Purchase Fee
No
 
Credit Transaction Fee 3.5% or $10, whichever is higher
Banking
No
 
Mobile App
Yes
Yes
ACH Transfer Fee
No
No
Wire Transfer Fee
No
Free via SWIFT from USD to BUSD
Crypto Conversion Fee
0.10%
No
SEPA Bank Transfer Fee 
€1.00
Withdrawal Fee$0 ($5 for non-U.S. customers) 
Other FeesCrypto transfer fee: 0.0005 units - .25 units; $10 monthly fee after 12 months inactivity25% fee discount for holding BNB; tiered discounts based on 30 day trade volume
Address Allowlisting
No
Yes
Anonymity
No
No
Biometric Login
TouchID or FaceID
Yes
Cold Storage
Yes
Yes
Maximum Trading Amount Maximum order amount varies by currency
Two-Factor Authentication
SMS or phone call
Google Authenticator
Withdrawal Limit
None, $30 minimum
2BTC / day for unverified accounts; 100BTC / day for verified accounts; Wire Transfer: $7,500,000 / day
Locations
No
 
Online Community
Yes
 
Seminars
Yes (eToro Academy)
 
Virtual TradingYes (eToro virtual account with $100,000 virtual funds) 
Fractional Shares
Yes
 
Taxable Accounts
Yes
 
401k Plans
No
 
IRA Accounts
No
 
Roth IRA Accounts
No
 
SEP IRA Accounts
No
 
Trust Accounts
No
 
529 Plans
No
 
 

CreditDonkey® Reviews

 eToro
Cryptocurrency TradingStarStarStarHalf StarEmpty StarStarStarStarStarStar
Mobile AppStarStarStarHalf StarEmpty StarStarStarStarStarEmpty Star
Commissions and FeesStarStarStarStarEmpty StarStarStarStarStarStar
Ease of UseStarStarStarHalf StarEmpty StarStarStarStarStarEmpty Star
ResearchStarStarStarStarStarStarStarStarStarEmpty Star
SafetyStarStarStarStarEmpty StarStarStarStarStarStar
Pros & ConsPros:
  • Copy actions of top traders
  • Virtual practice account
Cons:
  • Slow customer service response time
Pros:
  • Wide range of currencies
  • Low fees
  • Secure Asset Fund for users
Cons:
  • May intimidate new users
Bottom LineGood crypto exchange for learning, socializing and copy-trading... Read full reviewExcellent crypto exchange with low prices and good selection... Read full review
 Visit SiteLearn More

Buy and Sell Cryptocurrency

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

eToro: eToro USA LLC; eToro is a multi-asset investment platform. The value of your investments may go up or down. Virtual currencies are highly volatile. Your capital is at risk.

Binance: Pricing information from published website as of 04/13/2021.

eToro: eToro is a multi-asset investment platform. The value of your investments may go up or down. Virtual currencies are highly volatile. Your capital is at risk. Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. eToro USA LLC does not offer CFDs and neither does it represent or assume any responsibility for the accuracy or completeness of the content of this publication, prepared by the Affiliate, as a partner, using information available and public and not specific to the eToro entity.

eToro
eToro USA LLC and eToro USA Securities Inc.

Deposit $100 and Get $10 from eToro USA LLC

Expires 12/31/2024
For a limited time, you can get $10 when you deposit $100 in your eToro account. Here's how:
  1. Sign up for an eToro account
  2. Deposit $100
You'll automatically receive $10 directly to your account balance. Offer only applies to US customers. eToro USA LLC and eToro USA Securities Inc.; Investing involves risk, including loss of principal; Not a recommendation
eToro
eToro USA LLC and eToro USA Securities Inc.

Buy $100 in Crypto and Get $10 Bonus from eToro USA LLC

For a limited time, you can get $10 when you invest in $100 worth of crypto on eToro. Here's how:

  1. Sign up for an eToro account
  2. Deposit funds
  3. Invest in $100 worth of crypto

You'll automatically receive $10 directly to your account balance. Offer only applies to US customers. eToro USA LLC and eToro USA Securities Inc.; Investing involves risk, including loss of principal; Not a recommendation

eToro
eToro USA LLC and eToro USA Securities Inc.

Get $100,000 Virtual Portfolio to Experiment

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Which is Better: eToro or Binance?

Still need help deciding which crypto is better? Read the in-depth reviews below. You may also be interested in comparing eToro or iTrustCapital.

In short: eToro's research is impressive. Binance's cryptocurrency trading, commissions and fees, and safety are impressive.


Articles on eToro

eToro

eToro is a stock and crypto exchange known for its CopyTrading feature. Find out if it's worth the fees and how it compares to other platforms.

eToro vs Interactive Brokers

eToro and Interactive Brokers (IBKR) are two popular platforms where you can invest your money. But which of the two is the right one for you?

How To Delete an eToro Account

Want to close your eToro account? How can you do it? What does it cost? Follow this step-by-step guide to delete your eToro account.

Best eToro Traders

You can copy experienced traders on eToro. But there are so many to choose from. Who are the best eToro traders to follow? Read the full review.

eToro Withdraw Guide

Trading on eToro, but not sure how to make withdrawals? Are there fees or restrictions? Read this eToro withdrawal guide to answer your questions.

How eToro Copy Works

You've probably heard of eToro's popular CopyTrader feature. But how does copying work on eToro? Read on to find out.

How eToro Makes Money

eToro is a popular mainstream platform for trading stocks, crypto, and more. But how does eToro make money? Keep reading to find out.

Buy Dogecoin with eToro

eToro is a mainstream platform for trading crypto and stocks. But how exactly do you buy Dogecoin with eToro? Keep reading to find out all you need to know.

Buy Bitcoin on eToro

Want to buy Bitcoin on eToro? Read this easy-to-follow guide to get started.

Is eToro Safe

eToro is a popular platform for trading stocks and cryptocurrency, known for its unique CopyTrading feature. But is it safe and legit? Read on to find out.

eToro Alternatives

eToro is a popular cryptocurrency trading app known for its CopyTrading feature. But it isn't right for everyone. Find your best eToro alternative here.

Is eToro Good for Beginners

eToro, a popular cryptocurrency trading platform, lets you mimic other traders with their CopyTrading feature. But is it good for beginners?

Articles on Binance

Binance Review

Binance is one of the largest cryptocurrency exchanges in the world. But is it a legit platform for trading your crypto? Find out before you sign up.

Binance vs Crypto.com

Binance is one of the largest cryptocurrency exchanges in the world, and Crypto.com is on a path to offer all things crypto. Which is right for you?

Which Do You Think is Best?


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