Binance | eToro | |
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Introduction | Binance Binance is one of the leading global cryptocurrency exchanges since 2017, initially founded in China. Binance offers trading for spot cryptocurrencies and futures, with both rich trading tools and a simple trading interface with Binance Lite. The exchange is particularly known for listing many cryptocurrencies at low trading fees. While Binance originates from China it has expanded to dozens of countries around the world where it seeks to adhere to local regulations. | eToro eToro is a popular multi-asset broker founded in 2007 that offers to trade cryptocurrencies, stocks, ETFs, and more. eToro is known for providing many deposit methods and a simple trading interface with unique features, such as Copy Trading. Furthermore, eToro has multiple international branches and is regulated in many regions worldwide, making it a secure and reliable trading platform. |
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Cons |
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Binance | eToro | |
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Tradable Assets | Cryptocurrencies, Derivates | CFDs, Cryptocurrencies, Crypto Indices, Derivates, ETFs, Forex, Precious Metals, Stocks |
Cryptocurrencies | 350+ | 75+ |
Stocks | - | 3624+ |
ETFs | - | 331+ |
Payment Methods | ||
Min. Deposit | 1€ | 50$ |
Verification | ID, Selfie | ID |
Languages | 🇬🇧 English | 🇪🇸 Spanish |
Headquarters | 🇰🇾 Cayman Islands | 🇮🇱 Israel |
Regulations | 🇫🇷 AMS, 🇪🇸 BdE, 🇸🇪 FI, 🇱🇹 FIU, 🇵🇱 KAS, 🇮🇹 OAM, 🇲🇽 SAT | 🇦🇺 ASIC, 🇨🇾 CySEC, 🇬🇧 FCA, 🇺🇸 FinCEN |
Founded In | 2017 | 2007 |
Binance vs eToroShowcase
Binance | eToro | |
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Fee Structure | Binance The trading fees on Binance depend on the used trading mode. In the easy trading mode, Binance Lite, higher fees of 0.5% apply. The advanced mode, Binance Pro, only comes with fees of 0.02-0.1%, which get lower the more you trade. Fees on Binance Pro can be further reduced by -25% by using Binance's own token BNB for paying fees. | eToro Trading fees on eToro vary based on the traded assets. While trading cryptocurrencies on eToro comes with a moderate fee of 1%, trading stocks and ETFs on eToro comes with no trading fees at all. |
Standard Crypto Fee | 0.5% | 1% |
Advanced Crypto Fee | 0.02-0.1% | - |
Average Crypto Fee | 0.28% | 1% |
Binance | eToro | |
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< 1,000,000$ | 0.1% | 1% |
< 5,000,000$ | 0.09-0.1% | 1% |
< 20,000,000$ | 0.08-0.1% | 1% |
Binance | eToro | |
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Tradable Coins |
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Bitcoin | Yes | Yes |
Ethereum | Yes | Yes |
BNB | Yes | Yes |
XRP | Yes | Yes |
TRON | Yes | Yes |
Litecoin | Yes | Yes |
Binance | eToro | |
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Mobile App | Android,iOS | Android,iOS |
Web Version | Yes | Yes |
Easy Trading | Yes | Yes |
Pro Trading | No | |
Demo Account | ||
Signup Bonus | No | No |
Recurring Buys | Yes | No |
Real Crypto | Yes | Yes |
Withdrawable Crypto | Yes | Yes |
Crypto Staking | Yes | Yes |
Crypto Lending | Yes | No |
Why Binance over eToro? | |
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Binance | eToro | |
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Registration Speed | 70/100 | 93/100 |
Simplicity | 78/100 | 91/100 |
Coins | 99/100 | 91/100 |
Features | 97/100 | 98/100 |
Fees | 93/100 | 88/100 |
Opinion | Binance 87% Good /2024 We recommend Binance to advanced cryptocurrency investors who feel confident with advanced trading interfaces. This is because while Binance Lite is more or less suitable for Beginners, it's apparent that Binance values features and cost-efficiency over beginner friendliness throughout all trading modes. Binance particularly shines regarding the number of tradable coins and trading fees, making it perfect for high-volume traders and small-cap investors. | eToro 92% Great /2024 With various tradable assets and relatively low trading fees, we see eToro as the best multi-asset broker for a quick and easy start to investing in all sorts of assets. We particularly appreciate eToro for numerous deposit methods including PayPal, 0% fees for trading stocks and ETFs, and copy trading with a very large community. However, eToro could improve its rather high fees for withdrawals of crypto and cash. |