eToro vs Kraken: Full Comparison

92
eToro logo
eToro
Broker
91
Kraken logo
Kraken
Exchange
81% of CFD traders lose money.
OvervieweToro vs Kraken
eToroKraken
Introduction
eToro logo
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.
Kraken logo
Kraken
Kraken is a crypto exchange based in the USA that offers crypto trading in almost all countries of the world. The exchange integrates all necessary features for investing in crypto, with very low trading fees for advanced trading. At the same time, Kraken provides both a simple user interface that helps beginners get started trading cryptocurrencies with just a few clicks, as well as an advanced trading mode 'Kraken Pro' with useful tools for traders.
Availibility
Pros
  • Widely Regulated
  • PayPal accepted
  • 0% Fees for Stocks & ETFs
  • All popular Cryptocurrencies
  • Low Fees on Kraken Pro
  • Large Selection of Crypto
  • Automatic DCA
  • Proof of Reserves
Cons
  • No automatic DCA
  • Fees for Withdrawals
  • Crypto Fees could be lower
  • High Fees in Easy Mode
DetailseToro vs Kraken
eToroKraken
Tradable Assets
CFDs, Cryptocurrencies, Crypto Indices, Derivates, ETFs, Forex, Precious Metals, Stocks
Cryptocurrencies
Cryptocurrencies
75+
210+
Stocks
3624+
-
ETFs
331+
-
Payment Methods
Min. Deposit
50$
1$
Verification
ID
ID
Languages
🇪🇸 Spanish
🇬🇧 English
Headquarters
🇮🇱 Israel
🇺🇸 United States
Regulations
🇦🇺 ASIC, 🇨🇾 CySEC, 🇬🇧 FCA, 🇺🇸 FinCEN
🇦🇺 AUSTRAC, 🇺🇸 FinCEN, 🇨🇦 FINTRAC
Founded In
2007
2011

eToro vs KrakenShowcase

eToro vs Kraken: Dashboard
eToro vs Kraken: Dashboard
Trading FeeseToro vs Kraken
eToroKraken
Fee Structure
eToro logo
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.
Kraken logo
Kraken
Kraken has different fees for different trading modes. When using Krakens's easy trading interface "Instant Buy", users pay a higher fee of 1.5%. By using Kraken's advanced trading interface users benefit from low trading fees of 0-0.26% that get lower the more you trade. Kraken's advanced interface has the same, large selection of cryptocurrencies.
Standard Crypto Fee
1%
1.5%
Advanced Crypto Fee
-
0-0.26%
Average Crypto Fee
1%
0.81%
CryptocurrencieseToro vs Kraken
eToroKraken
Tradable Coins
  • Bitcoin
  • Ethereum
  • BNB
  • XRP
  • Cardano
  • Solana
  • Dogecoin
  • Polkadot
  • Shiba Inu
  • TRON
  • Avalance
  • Uniswap
  • Bitcoin
  • Ethereum
  • XRP
  • Cardano
  • Solana
  • Dogecoin
  • Polkadot
  • Polygon
  • Shiba Inu
  • TRON
  • Avalance
  • Uniswap
Bitcoin logoBitcoin
Yes
Yes
Ethereum logoEthereum
Yes
Yes
BNB logoBNB
Yes
No
XRP logoXRP
Yes
Yes
Cardano logoCardano
Yes
Yes
Dogecoin logoDogecoin
Yes
Yes
FeatureseToro vs Kraken
eToroKraken
Mobile App
Android,iOS
Android,iOS
Web Version
Yes
Yes
Easy Trading
Yes
Yes
Pro Trading
No
Demo Account
No
Signup Bonus
No
No
Recurring Buys
No
Yes
Real Crypto
Yes
Yes
Withdrawable Crypto
Yes
Yes
Crypto Staking
Yes
Yes
Crypto Lending
No
No
eToro vs Kraken Differences
eToro logo
Why eToro over Kraken?
  • eToro accepts PayPal payments, while Kraken doesn't.
  • eToro has lower default crypto trading fees of 1% compared to 1.5% on Kraken.
  • eToro had a faster and easier registration than Kraken in our test.
  • eToro has roughly 3624 different tradable stocks, while Kraken offers no stocks at all.
  • eToro offers various trading instruments, while Kraken only offers cryptocurrencies.
  • eToro already operates successfully since 2007, whereas Kraken was founded in 2011.
  • Kraken has both a pro and easy crypto trading version, whereas eToro only has an easy version.
  • Kraken has lower average crypto trading fees of 0.81% compared to 1.00% on eToro.
  • Kraken has roughly 210 different tradable cryptocurrencies, while eToro has only 75.
  • Kraken has a lower minimum deposit of 1$ compared to eToro's 50$.
  • Kraken offers recurring investments via an automatic savings plan, while eToro doesn't.
Comparison ResultseToro vs Kraken
eToroKraken
Registration Speed
eToro logo93/100
Kraken logo91/100
Simplicity
eToro logo91/100
Kraken logo89/100
Coins
eToro logo91/100
Kraken logo97/100
Features
eToro logo98/100
Kraken logo95/100
Fees
eToro logo88/100
Kraken logo85/100
Opinion
eToro logo
eToro
blockig logo
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.
Kraken logo
Kraken
blockig logo
91%
Very Good
/2024
We see Kraken as one of the best international crypto exchanges, as the US-based exchange integrates all necessary features for both beginners as well as advanced traders. Unfortunately, because Kraken's fees for the instant trading mode are higher than those on Kraken's advanced interface, this exchange fails to empower beginners. Still, for those willing to use advanced trading interfaces, we recommend Kraken as the go-to place to buy and sell crypto assets with a very high-cost efficiency.