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eToro vs Kraken

eToro is a good crypto exchange for learning, socializing and copy-trading. How does it compare to Kraken? 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. Their fees are moderate compared to other exchanges.

While Kraken is a mainstream cryptocurrency exchange with over 50 coins to trade and a range of staking options with average rates. They support margin trading, indices, and futures trading. They have low fees, but users may find it challenging to fund their accounts compared to other platforms.

Compare eToro with Kraken, 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

Kraken

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

Read eToro Review

SPECIAL OFFER
Buy and Sell Cryptocurrencies - Learn More

Read Kraken Review

 

Benefits and Features

Stock Trading
$0; 3,000+ stocks & ETFs
 
Options Trading
$0
 
Cryptocurrency Trading
Check
 
Minimum Deposit$100 ($200 to start copy trading)
$10
Mutual Fund Trading
No
 
Cryptocurrencies Supported
83 (21 in the US)
56
Countries Supported
Over 100
Over 170
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.USD, EUR, CAD, AUD, GBP, CHF, JPY
Digital Wallet
Yes
No
Transaction Fee1% fee for buying or selling crypto.
0% commission for buying or selling stocks and ETFs.
0.00% - 0.26%
Copy Trading
Yes
No
Limit Orders
Yes
Yes
Margin TradingYes. Not available for US customers.
Yes
Crypto Loans
No
No
Bank Account Purchase Fee
No
0.5% + $0.10
Debit Card Purchase Fee
No
3.75% + €0.25
Wallet Purchase Fee
No
1.5% or 0.9% for stablecoins & FX pairs
Credit Transaction Fee 
3.75% + €0.25
Banking
No
 
Mobile App
Yes
Yes
ACH Transfer Fee
No
 
Wire Transfer Fee
No
$4 - $35
Crypto Conversion Fee
0.10%
1.5% or 0.9% for stablecoins
SEPA Bank Transfer Fee 
€0.09 - €35
Withdrawal Fee$0 ($5 for non-U.S. customers)
Varies by coin
Other FeesCrypto transfer fee: 0.0005 units - .25 units; $10 monthly fee after 12 months inactivity1-time address setup fees for first-time deposits of many cryptocurrencies, varies by currency
Address Allowlisting
No
Yes
Anonymity
No
No
Biometric Login
TouchID or FaceID
Yes
Cold Storage
Yes
Yes
Two-Factor Authentication
SMS or phone call
Google Authenticator or Yubikey
Withdrawal Limit
None, $30 minimum
Depends on verification level. Cryptocurrencies - Beginner: $5,000 / day; Intermediate: $500,000 / day; Pro: $10,000,000 / day; Fiat Currencies - Express: $9,000 / day; Intermediate: $100,000 / day; Pro: $10,000,000 / day
 

CreditDonkey® Reviews

 eToro
Cryptocurrency TradingStarStarStarHalf StarEmpty StarStarStarStarStarStar
Mobile AppStarStarStarHalf StarEmpty StarStarStarStarHalf StarEmpty Star
Commissions and FeesStarStarStarStarEmpty StarStarStarStarStarEmpty Star
Ease of UseStarStarStarHalf StarEmpty StarStarStarStarEmpty StarEmpty Star
ResearchStarStarStarStarStarStarStarStarStarEmpty Star
SafetyStarStarStarStarEmpty StarStarStarStarStarEmpty Star
Pros & ConsPros:
  • Copy actions of top traders
  • Virtual practice account
Cons:
  • Slow customer service response time
Pros:
  • Advance market interface
  • Many trading pairs
Cons:
  • Not beginner friendly
  • Difficult to fund account
Bottom LineGood crypto exchange for learning, socializing and copy-trading... Read full reviewGood crypto exchange with competitive fees and variety of coins... Read full review
 Visit SiteLearn More

Buy and Sell Cryptocurrencies

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

eToro: Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency 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. CreditDonkey Inc may be compensated if you access certain products or services offered by the MSB and/or the BD.

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

eToro: eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

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

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.
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. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.

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 Kraken?

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

In short: eToro's research is impressive. Kraken's cryptocurrency trading is impressive.


Articles on eToro

eToro Review

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.

Buy Bitcoin on eToro

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

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.

Articles on Kraken

Kraken Review

Kraken is a cryptocurrency exchange with a reputation for low fees and high security. How do they compare to their competitors? Read on to find out.

Which Do You Think is Best?


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