Nexo, a centralised cryptocurrency exchange established in Bulgaria in 2018, now operates from Switzerland in approximately 200 regions. Its offerings include spot and futures trading, peer-to-peer lending, cold wallet storage, and fiat on-ramps for purchasing crypto tokens. Nexo is registered with respected financial bodies like the ASIC. Additionally, it provides unique services, such as a credit card.
eToro, a leading multi-asset platform, provides access to trading services across thousands of CFDs, stocks, and cryptocurrencies. Established in 2007, it boasts millions of active traders worldwide and is sanctioned by top-tier regulators such as the FCA and CySEC. It stands out for its extensive social trading feature. Crypto investments are unstable and carry risk. Tax implications might apply. Acknowledge the risks involved. 61% of retail CFD accounts incur losses.
61% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. 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.
Pros
A well-regarded crypto exchange, established in 2018, has initiated steps towards regulatory compliance.
Nexo Pro is an intuitive platform tailored for traders, offering robust charting tools that enhance strategic trading.
The trading platform features essential tools such as asset-specific newsfeeds and social media analysis.
Traders can utilise perpetual futures to take long or short positions on crypto assets, thereby enhancing strategic opportunities.
Nexo's platform facilitates cryptocurrency lending and borrowing through its staking and credit features, offering traders some of the most competitive yields in the market.
Traders receive bonuses and incentives, such as complimentary trading funds given to lenders and cashback through the exchange's native Nexo token.
The trading app provides a top-tier social environment featuring an engaging feed and community chat, which we enjoy using.
eToro now offers accounts in EUR and GBP, with recent additions of BTC and ETH payment options. This reduces conversion costs and delivers a tailored trading experience.
In 2025, eToro enhanced its trading experience by incorporating insights from over 10 million Stocktwits users, enabling better assessment of market sentiment.
The broker offers excellent services for beginners, featuring commission-free stock trading, a low minimum deposit, and an unlimited demo account.
eToro has launched automated crypto staking, offering a pathway to passive income. However, Ethereum requires users to opt in.
Utilising TradingView, the charts provide robust tools for technical analysis, featuring nine chart types and more than 100 indicators.
eToro secured second place in DayTrading.com's 'Best Crypto Broker' for 2025, offering a vast selection of tokens, dependable service, and competitive fees.
There is an extensive online training academy offering a range of accessible resources, from concise articles to detailed courses.
eToro has enhanced its investment portfolio by frequently introducing new crypto assets. It currently offers a selection of over 100 digital currencies.
The web platform and mobile app receive higher user reviews and app rankings compared to leading competitors like AvaTrade.
Leading traders participating in the broker's Popular Investor Programme can earn yearly compensation of up to 1.5% of the copied assets.
Diverse investment portfolios are accessible, encompassing traditional markets, technology, cryptocurrency, and beyond for traders.
eToro is a globally recognised brand, operating under top-tier international regulations. It boasts a community of over 25 million users.
Cons
While Nexo is registered with certain reputable regulators, trading with it carries more risk compared to established crypto brokers such as AvaTrade and Vantage.
High deposit and withdrawal fees for cards and e-wallets may deter many traders from using these convenient payment methods.
Limited educational resources diminish its attraction for newcomers, who may discover more valuable materials with leading platforms such as eToro.
Elevated maker/taker fees result in traders incurring higher costs for trading derivatives compared to competing exchanges such as Binance.
The selection of tokens is broad relative to many crypto brokers, yet it remains limited when compared to similar crypto exchanges such as Kraken.
The absence of extra charting platforms such as MT4 may deter experienced traders who rely on external software.
There are no assured stop-loss orders, which could be a valuable risk management tool for novice traders.
The minimum withdrawal is set at $30, accompanied by a $5 fee. This may impact traders with limited funds, particularly those just starting out.
The only significant contact option, besides the in-platform live chat, is limited.
Awards
Best Cryptocurrency Wallet – FinTech Breakthrough Awards, 2023
Best Use of Crypto and/or Blockchain in Financial Services – PAY360 Awards, 2022
Best Crypto Broker Runner Up 2025 - DayTrading.com
Best Cryptocurrency Trading Platform 2022 - Finder
eToro offers a mobile social trading platform, allowing users to replicate trades, manage accounts, and invest using Android or iOS. Trade major forex pairs conveniently from your mobile device.
iOS App Rating
3.8
4
Android App Rating
4
3.8
Margin Trading
Yes
Yes
Margin Rate
1%
MetaTrader 4
No
No
MetaTrader 5
No
No
cTrader
No
No
AlgoTrader
No
No
OmniTrader
No
No
TradingView
No
No
Autochartist
No
No
eSignal
No
No
Trading Central
No
Yes
STP Account
No
Yes
ECN Account
No
No
DMA Account
No
No
MAM Account
No
No
PAMM Account
No
No
LAMM Account
No
No
Demat Account
No
No
AI / Machine Learning
No
Yes
Robo Advisor
No
No
Negative Balance Protection
No
Yes
Market Maker
No
Yes
P2P Trading
No
No
Spot Trading
Yes
Yes
Auto Trading
Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do.
Copy Trading
No
Yes
Copy Trading Platform
eToro consistently provides an outstanding proprietary trading platform for clients, free of charge. The web-based system is both intuitive and engaging, complemented by a community chat that appeals to novice traders. The recent 'Live Trades' feature grants immediate access to real-time insights on securities purchased by top investors on the platform.
Social Trading
No
Yes
Trade Signals
Yes
VPS Hosting
No
No
Tournaments
No
No
Demo Competitions
No
No
Ethical Investing
No
Yes
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Inactivity Fee
$10
Islamic Account
No
Yes
Account Currencies
USD
EUR
GBP
USD
EUR
GBP
Commodities
Gold
Silver
Oil
Copper
Cotton
Coffee
Livestock
Wheat
Precious Metals
Platinum
Gasoline
Cocoa
Sugar
Palladium
Corn
Aluminium
Soybeans
Nickel
Lead
Iron
Lithium
Cannabis
Natural Gas
Orange Juice
Zinc
Cattle
Lean Hogs
CFD
Trade CFDs across more than 3,000 assets with access to detailed market data through integrated TradingView charts. The eToro Academy provides extensive free learning resources for beginners, featuring specific courses and guides on CFD trading. In 2025, eToro enhanced flexibility for UK clients by enabling direct CFD trading on US assets with GBP.
Leverage
1:30
FTSE Spread
1.5
GBPUSD Spread<
1.9
Oil Spread
0.05
Stocks Spread
0.57 (Apple)
Forex
A broad range of 55 currencies is offered, with competitive spreads averaging 0.9 pips on EUR/USD during peak trading hours. Traders can refine their forex strategies by seamlessly transitioning between demo and live accounts, retaining full access to over 100 technical indicators provided by the broker.
Assets
55
GBPUSD Spread
1.9
EURUSD Spread
0.9
EURGBP Spread
1.3
Currency Indices
USD
Cryptocurrency
Nexo provides trading services for approximately 70 tokens, including Bitcoin. Users can buy, sell, and exchange digital assets directly on the platform, with access to over 500 trading pairs. Additionally, these assets can serve as collateral for fiat loans or generate passive income through the ‘smart staking’ option and interest from peer-to-peer loans.
eToro excels in cryptocurrency trading with competitive spreads and a flat 1% commission, plus its own wallet service. The platform provides a growing selection of over 100 tokens, adding 29 new ones in April 2025, from AI to memecoins. In 2025, it introduced crypto staking, enabling users to earn rewards for holding digital assets. Trading in cryptocurrencies is risky and volatile. Taxes might apply. Grasp the risks involved.
61% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. 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.