We are aware of numerous websites which use false celebrity endorsements to send customers to unregulated brokers or call centers. Our website will only send customers to partners who have provided us with the required regulatory assurances. This is a marketing offer and our regulated partners will indicate what services they have available upon registration.
Register with Immediate Edge instantly

8 Best eToro Alternatives in 2024

Open Account
By Onose Enaholo - Updated 24 June 2024
Immediate Edge
Fact Checked
While all our writers independently research and evaluate every product that we write about, this post may contain references to products from our partners that we may earn commission from. This in no way affects how we evaluate them. Find out more about how we test and how we fund this site.

eToro is one of the most famous names in fintech investing applications, one that has garnered over 25 million users worldwide. While the broker operates in over 150 countries, it may only be available in some places and may not be suitable for some users.

What happens if eToro is not your cup of tea? Which exchange can deliver the same services and offerings while maintaining similar security and compliance standards? Failure to find a suitable alternative could result in an FTX situation.

This is where our guide comes in. We compiled not one but 8 of the best eToro alternatives that are suitable replacements. These exchanges offer just as many cryptos (some even more), cheap trading fees, and as many payment options as eToro.

Read on to find out what exchanges are on our list and which is most suitable for you.

The Best eToro Alternatives - Our Top 3 Picks

Looking for a quick answer? Here are our picks for the best eToro alternatives to use.

1
Min Deposit
$ 100
User Score
4.95
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Open Account
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods:
Bank Transfer, Debit Card, PayPal, Credit Card, Wire Transfer
Full Regulations:
CySEC, FCA
2
Min Deposit
$ 100
User Score
4.95
CFDs on BTC, ETH, LTC, NEO, XRP, IOTA, EOS, BAB, ADA, TRX, XMR
No need to open a crypto exchange account or use a special wallet
Regulated Broker - FCA, ASIC, CySEC (license number 250/14)
Visit Site
Description:
Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies. CySEC license number (#250/14)
Payment Methods:
Bank Transfer, Debit Card, PayPal, Credit Card, Visa, Mastercard, American Express, Trustly, Apple Pay, Google Pay, Discover, Bank Transfer: SEPA, Bank Transfer: FPS, skrill
Full Regulations:
ASIC, FCA, FSA, MAS, CySEC #250/14
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
3
Min Deposit
$ 1
Promotion
User Score
4.9
Offers maximum flexibility for crypto trading strategies.
Responsive customer support through various channels, including live chat, email, and a comprehensive help center.
Wide range of trading options, including spot trading, margin trading, and futures contracts.
Visit Site
Description:
Kraken is a San Francisco-based cryptocurrency exchange that allows users to trade various digital currencies. With a strong emphasis on security, Kraken employs cold storage for most funds and offers two-factor authentication (2FA). Its user-friendly interface provides real-time charts and order books, making it suitable for both beginners and experienced traders. Kraken also complies with regulatory requirements in the jurisdictions where it operates.
Payment Methods:
Debit Card, Credit Card, Visa, Mastercard, American Express, Apple Pay, Google Pay, Discover
Full Regulations:
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.

The Best eToro Alternatives in 2024

  1. Binance – Best Overall Option
  2. Coinbase – Best for US Users
  3. Bitpanda – Best for European Users
  4. Bitstamp – Most Secure Exchange
  5. Skilling – Best for Day Traders
  6. OKX – Best Exchange for Web3 Experience
  7. Capital.com –  Best Platform for Trading Crypto CFDs
  8. YouHodler – Best Exchange for Novice Users

Top eToro Alternatives Compared

Exchange Number of Coins Minimum Deposit Trading Fees Available Asset Types
Binance 600+ $10 0.10% Cryptos, NFTs, Derivatives
Coinbase 193+ $10 0.60% Cryptos
Bitpanda 170+ €1 0.025% – 2% Cryptos, Indices
Bitstamp 75+ $10 0.50% Cryptos
Skilling 55+ €100 0.10% + spreads CFDs
OKX 300+ €1 0.10% Cryptos, NFTs, Derivatives
Capital.com 456+ $10 Dymanic CFDs
YouHodler 56+ $100 Dynamic Cryptos

Our 8 Top eToro Alternatives Reviewed

1. Binance – Best Overall Option

With over 150 million users, 600+ listed cryptos, an NFT marketplace, crypto derivatives, a global peer-to-peer (p2p) marketplace with deep liquidity, and daily trading volume north of $6 billion, it’s easy to see why Binance would be the best replacement for eToro.

The global behemoth exchange may have started as a place to swap cryptos, but it has grown over the years to offer one of the most comprehensive solutions for buying, trading, investing, and managing digital assets.

Binance users enjoy some of the lowest exchange fees on the market at 0.10% per trade, and if you hold BNB on your balance, you can enjoy a discount of up to 25% on fees.

Although Binance has recently found itself in the crosshairs of government agencies, it currently complies with regional laws even in stringent jurisdictions like the US.

Regarding fund deposits, Binance offers over 60 fiat currencies and multiple legacy payment methods like credit cards, SEPA payments, SWIFT wires, and third-party payment providers like Banxa and Simplex.

Credit card fees are around 1.8% per transaction, depending on location. If the fees are too steep, you can use the p2p market to buy crypto using a more pocket-friendly option, as the marketplace lists over 100 payment methods.

To get started with Binance, sign up for an account. Alternatively, you can read our Binance review to learn more.

Pros

  • Large coin selection
  • Low fees
  • Advanced trading tools
  • Mobile app
  • 24/7 chat support

Cons

  • It could be a bit technical for beginners
  • Faces regulatory hurdles in some jurisdictions

Features

  • Large daily trade volume
  • Segregated accounts for Futures, Spot, and Margin trading
  • High Leverage Options for Futures
  • Fast execution speed

2. Coinbase – Best for US Users

coinbase website homepage

Coinbase is another global exchange that can replace eToro as it offers low enough trading fees, a wide selection of over 192 cryptos, and a low minimum trade amount. The exchange’s strongest feature is that it is the foremost exchange in the US where compliance and user base are concerned and a natural choice for anyone within the region.

Coinbase also makes getting started with crypto as easy as possible. With legacy payment methods like PayPal, Apple Pay, Google Pay, ACH payments, and bank transfers, payment methods the average US citizen is familiar with, users can easily buy their first crypto and grow from there.

Where trading is concerned, Coinbase charges 1% for direct conversions and anywhere between 0.05% and 0.60% for limit or market orders using its trading platform. As mentioned earlier, the minimum trade size is $2, small enough for users to try swapping without making a financial commitment.

Outside core trading, Coinbase offers services like a crypto-powered card that allows users to spend their crypto like cash and even get cashback rewards. Users can also obtain loans by collateralising their holdings.

To get started with Coinbase, sign up for an account. Alternatively, you can read our Coinbase review to learn more.

Pros

  • 100+ countries supported
  • User-friendly
  • Secure offline storage
  • 193+ cryptos

Cons

  • Not as many cryptocurrencies as some competitors
  • High trading fees compared to competitors

Features

  • Crypto-backed debit card
  • Staking functionality
  • Lending facilities
  • Vault storage
  • NFT integration

3. Bitpanda – Best for European Users

bitpanda website homepage

Unlike other exchanges on this list, which are conventional crypto platforms that offer investing and trading services, Bitpanda is a traditional investment platform that offers crypto investing and trading services.

While the platform may offer ‘new age’ crypto assets, it retains its lustre as a platform that traditional investors can depend on to manage their portfolios. As such, the platform is highly regulated by agencies like the Financial Market Authority (FMA) Austria, the French Autorité Des Marchés Financiers (AMF), and the Czech Trade Authority

Operating out of Europe, Bitpanda offers over 170 cryptocurrencies, supporting direct conversions, limit, and market trades. The platform charges 2% per transaction for the former and 0.025% for trades on its terminal.

Where Bitpanda really stands out is in its innovative crypto indices. Similar to regular market indices (or ETFs), these indices are a collection of cryptos grouped thematically to enable users to invest in particular sectors or ideas without choosing individual cryptos.

Six indices in total cover sectors from infrastructure to defi, entertainment, smart contract platforms, and top cryptos by market capitalisation.

To learn more, read our Bitpanda review.

Pros

  • Highly secure and regulated platform
  • Interface is familiar to traditional investors
  • Portfolio management features
  • Low €25 minimum deposit and withdrawal requirement
  • Trading fee low at 0.025%

Cons

  • Conversion fee applied to deposits other than EUR
  • Withdrawal is via bank account only

Features

  • Innovative crypto indices
  • Portfolio management features
  • Crypto-backed cards
  • Trading terminal

4. Bitstamp – Most Secure Exchange

bitstamp website homepage

Regarding security, Bistamp shines thanks to its military-grade encryption, cold wallets, and industry-leading uptime. As such, it is a haven for institutional traders and retail traders who value security and consistency.

We discovered that Bitstamp stores 95% of all user funds in cold wallets, the safest form of crypto storage, that the exchange enforces whitelisting and transaction confirmations, and that user data is highly encrypted.

Where trading is concerned, the exchange lists 75+ cryptos on its professional trading platform. It charges anywhere between 0.02% to 0.40% for transactions depending on the volume traded over the last 30 days; generally speaking, the more volume traded, the lesser the fees.

You can earn extra income when you’re not trading by staking your tokens for an annual return. The options available are Ethereum and Algorand; however, you can expand your options by lending your cryptos instead.

For deposits, Bitstamp accepts SEPA payments, ACH payments, Faster Payments, credit cards, international wires, and mobile solutions like Apple Pay. The fees for these methods are listed on the site’s fee schedule.

Pros

  • Military-grade security
  • Uses cold wallets for storage
  • Implements strong user encryption
  • Well regulated

Cons

  • No direct conversion option

Features

  • Mobile app
  • Deposit insurance for some users
  • 95% uptime

5. Skilling – Best for Day Traders

Skilling website homepage

While several exchanges on our list offer multiple services, e.g., trading, conversion, and staking, Skilling differentiates itself by focusing on one thing: providing trading services.

The exchange is a haven for traders more interested in trading crypto price action than investing or holding long-term. As such, the cryptos offered are Contracts for Differences (CFDs), which are derivatives that mimic the price action of underlying coins and are perfect for trading.

Traders can long or short CFDs for over 55 cryptos with leverage of 2:1 for cryptos at fees as low as 0.08% per trade for major cryptos like Bitcoin and 1.2% for more exotic cryptos.

Deposits are straightforward as the platform supports popular payment methods like bank transfers, PayPal, Google and Apple Pay, and even cryptocurrencies (BTC, USDT). All methods cost 2.9% of the transaction volume, aside from crypto

To begin trading, you’ll need to deposit at least €100, after which you’ll be given access to leverage facilities and other tools like the Skilling trading platform, the MetaMtrader4 terminal, and cTrader.

To learn more, read our Skilling review.

Pros

  • Favourable spreads
  • Leverage trading facilities
  • Straightforward user interface
  • Supports crypto deposits

Cons

  • Minimum deposit is a bit high compared to others

Features

  • MetaTrader4 integration
  • Proprietary trading app

6. OKX – Best Exchange for Web3 Experience

Aside from being one of the most visually appealing exchanges, OKX is known for pioneering the integration of exchange and Web3 functionality thanks to its Web3 wallet, which is integrated into its website and mobile applications, a function that Binance recently adopted.

OKX delivers a holistic crypto experience, from trading (quick conversion, spot market, Futures, and options) to earning (lending, structured products, and staking) and Web3 wallet (NFTs, DeFi, and gaming).

The exchange lists over 300 cryptos that can easily be converted at a 0.10% fee but only at prevailing market prices. For custom orders at flexible prices, you can access the spot market and its sophisticated trading tools at low fees between 0.06% and 0.10%, depending on volume.

Core traders can leverage crypto Futures, which are perpetual, i.e., do not have an expiry date, to profit from crypto price action without owning them. These products also offer leverage facilities for traders to magnify their position sizes without increasing their capital.

To use OKX, you can buy crypto directly using a credit card or deposit cash into your account. For cash, the available currencies are the EUR and BRL.

For direct purchases, the available options are express buy, which allows you to buy crypto directly with your credit card, the peer-to-peer marketplace, which connects various buyers and sellers and supports various payment methods, and the third-party integration, which allows you to buy crypto using services like Simpex and Banxa.

Pros

  • The convert option is free
  • Access to a larger web3 ecosystem
  • Support for up to 30 fiat currencies
  • Several options for growing crypto funds
  • 24/7 customer support
  • Large selection of cryptos on the spot market

Cons

  • Unavailable to US residents

Features

  • Supports over 300 cryptos
  • Clean, new-age UI
  • Robust derivative selection
  • OTC trading desk

7. Capital.com –  Best Platform for Trading Crypto CFDs

capitl500 website homepage

Unlike many of the exchanges listed, Capital.com is a traditional broker that offers trading services across various financial securities like currency pairs, equities, commodities, indices, and cryptocurrency.

As a traditional broker, Capital.com is highly regulated, holding licences from the Financial Conduct Authority (“FCA”), the Australian Securities and Investments Commission (“ASIC”), the Cyprus Securities and Exchange Commission (“CySEC”), the Financial Services Authority of Seychelles (FSA), and the Securities Commission of The Bahamas (“SCB”).

Crypto trading on Capital.com is done using Contracts for Differences (CFDs), which are common in the traditional finance markets and familiar to traditional traders.

Capital.com offers over 456 crypto CFDs that are traded using lot sizes, which are standardized volumes used when trading CFD pairs. A lot is 100,000 units of a currency, a mini lot is 10,000 units, while a micro lot is 1,000 units.

Capital.com charges spreads on crypto CFDs, translating to different fees for various lot sizes. For example, the spread for Bitcoin is 60 pips, which is $600 for a standard lot, $60 for a mini lot, and $6 for a micro lot.

To get started with Capital.com, sign up for an account, pass KYC, and deposit funds through credit cards, PayPal, or a wire transfer. The minimum deposit is $20.

Pros

  • Highly regulated
  • Low minimum deposit
  • Commission-free trading
  • Multiple payment channels are available
  • Wide crypto contract selection
  • No deposit or withdrawal fees on the broker side

Cons

  • Not available to US clients
  • Crypto CFDs are not available for UK residents

Features

  • Multi-asset support
  • Cross-platform trading system
  • Flexible funding options
  • Commission-free trading

8. YouHodler – Best Exchange for Novice Users

YouHodler is a crypto exchange that serves as a good step-on point for new crypto users, or for users whose crypto investment and trading activities do not exceed a few transactions intermittently.

Where crypto purchases are concerned, the platform supports credit cards and SEPA accounts for European users. Credit card payments cost 1% per transaction, while SEPA transfers are usually free.

You can also send cash to your account through SWIFT transfers; however, they cost $25 per transaction and are limited to a minimum of $100. On the other hand, crypto deposits are free.

Where conversions are concerned, YouHolder offers direct conversion services. The fees charged are dynamic, varying with trade volume and market volatility; however, they are always displayed before conversion occurs.

YouHodler offers a MultiHodl feature that allows users to trade cryptos casually. You can set limit orders and buy or sell cryptos at low fees.

To learn more, read our YouHodler review

Pros

  • Universal conversion between multiple coins
  • Intuitive user interface
  • Easy conversion feature

Cons

  • Non-standard conversion fees
  • Unavailable to US residents
  • Limited payment methods

YouHodler Features

  • Wallet for long-term storage.
  • Yield accounts for high yields
  • 24/7 customer support

Why are Investors Searching for eToro Alternatives?

Regional Availability

While eToro offers services to users in over 200 countries, it may not be available everywhere. Moreover, regional exchanges may provide services that are more streamlined or suitable for users within a particular region.

For example, European users may prefer YouHodler because of the ease of transferring funds from a SEPA account to the exchange.

Trading Products

eToro is an investment-focused exchange, and while it offers some trading products, its suite is quite limited. Exchanges like Binance that offer a wide range of trading products like Futures and Options may be a more suitable option for core traders.

On the other hand, users may prefer the familiar feel of CFDs to more new-age crypto perpetuals and opt for platforms like Capital.com or Skilling.

Cheaper Fees

At 1% per transaction, eToro charges one of the highest fees in the industry. This quickly adds up for investors/traders who execute multiple trades daily. Add in significant trade volume, and the fees rack up very fast.

As such, users may opt for platforms with much lower fees, like Binance, which charges 0.10% or Bitpanda, which could charge even lower, depending on volume.

User Interface

eToro’s user interface is in no way clunky or convoluted; however, traditional investors may prefer the familiar look and feel of platforms like Bitpanda, which are closer to conventional wealth management platforms that offer crypto than crypto investment platforms.

Core traders may prefer the more straightforward interface of trading platforms like Skilling to eToro’s more robust interface.

eToro Exchange Vs. eToro Alternatives

eToro and its alternatives offer the same services, with slight variations here and there. The former is an investment-centric platform providing crypto brokerage services for over 100 cryptos, innovative tools, and investment products, like thematic portfolios.

Alternatives like Bitpanda are investment-focused platforms offering crypto brokerage services, innovative DCA tools and investment products like the BCI crypto indices.

Because eToro offers traditional investment products, it is well regulated by up to four regulatory bodies in jurisdictions across the globe. Alternatives like Capital.com are also highly regulated, offering highly regulated financial products like CFDs.

The differences between eToro and its alternatives begin with fees, options, and payment methods.

While eToro supports a few payment methods and maintains accounts solely in USD, platforms like Binance support more than 60 fiat currencies and 100 payment methods, thanks to its p2p marketplace.

Regarding investment and trading options, eToro offers crypto on the spot market and CFDs for short selling, while platforms like Binance and OKC offer robust lists of futures and options.

What Features to Look for in an eToro Alternative

Security

Whether you’re looking for an eToro alternative or not, security is paramount wherever financial information is transmitted and stored online. Ensure that whichever exchange you choose prioritises security by implementing SSL encryption.

The exchange should also have two-factor authentication features and encourage users to activate it.

Payment Methods

The ideal eToro alternative should support as many payment methods as possible. A bonus would be supporting cheaper payment methods.

eToro supports bank transfers, PayPal, wire transfers, credit card payments, Skrill, Klarna, Sofort, Ideal, and Neteller. While other exchanges in consideration need not offer support for all of eToro’s payment methods, they should provide cheaper or easier methods.

Currencies Supported

Global exchanges usually support more fiat currencies than regional ones; however, eToro is an exception as the broker only supports USD accounts; transfers in other currencies are usually subject to a conversion fee.

Hence, suitable alternatives have an advantage in supporting multiple currencies or at least supporting payment methods that process payments in other currencies at lower fees. Binance is an excellent example, as the exchange supports deposits in over 60 fiat currencies.

Bitpanda supports over 7 fiat currencies, most within the Eurozone, but USD is supported.

Regulatory Status

eToro is a highly regulated platform; hence, any suitable alternative must be as regulated and legally compliant.

All exchanges on our list are regulated and legally compliant. However, suppose the regulation is the most essential factor for you. In that case, platforms like Bitpanda, Capital.com, and Skilling may be more suitable as they are just as legally compliant because they offer highly regulated financial products.

This is not to say that more conventional exchanges like Binance and Coinbase are not legally compliant; however, cryptocurrency is still loosely regulated because of its novelty, so the regulatory landscape is still changing, and exchanges like Binance and Coinbase have found themselves in regulatory crosshairs because of the changing landscape.

Asset Selection

eToro lists over 100 cryptos, a selection that is not so wide compared to other global exchanges. This is one area where alternatives easily replace eToro; Binance, for example, lists over 600 cryptos, Coinbase lists over 193, Bitpanda lists over 173, and Capital.com lists over 400 crypto CFDs.

However, the focus shouldn’t be on whether an alternative lists more or less crypto than eToro; instead, it should be on whether the listing suits the particular audience and type of exchange.

A regional exchange that lists 50+ tokens can still be a more viable alternative to eToro if other factors work in favour of users and make the entire crypto investment process better than eToro’s.

Fees

The cost of using an exchange is the cumulative of all processes from deposits to conversion, trading, custody, and withdrawals. The ideal exchange should cost less than eToro, or at least the same.

At 1% per conversion, eToro is one of the most expensive exchanges on our list. Coinbase also charges 1% for direct conversions but has a trading platform that charges a maximum of 0.6% for trades. Conversely, Bitpanda charges 2% for conversions and 0.025% for trades on its terminal.

Where deposit fees are concerned, few exchanges offer the discount on fees that eToro does, as most payment methods are free from eToro’s end. In contrast, Binance charges 1.8% for credit card deposits while Bitpanda charges €1 for bank transfers; however, Skilling only charges for deposits made using Skrill, Neteller, and Binance Pay; all other methods are free.

Latest eToro Alternative News

  • eToro partners with Bridgewise to launch a new thematic portfolio using AI-driven analysis to pick industry-leading stocks.
  • eToro receives a Crypto Asset Service Provider (“CASP”) license from CySEC, which will allow it to provide regulated crypto services to all European countries through a signal entity

How to Open an Account on an eToro Alternative Exchange

For this part of the guide, we used Binance as the best alternative to eToro on our list.

1. Open an account

Head to the Binance website and click on Sign Up to open a new account. Fill in the form with your name, email address and password. You can also sign up with your Google account or Apple ID.

2. Complete KYC

To verify your account and access all of Binance’s services, you must pass KYC by submitting a government ID and documents showing your address.

3. Make a deposit

Once you’ve been verified, you can get some crypto into your account by either sending from an external wallet or by purchasing directly on the platform; Binance supports 60+ fiat currencies. Head to Buy Crypto and choose the payment method you wish to use, select a crypto you wish to buy and the amount and follow the prompts to proceed.

4. Purchase Cryptocurrency

Head to the Convert section to buy crypto directly or the spot market to set limit orders and trade.

Final Thoughts on eToro Alternatives

We explored the best eToro alternatives for people who may not be able to access the broker in their region or prefer not to and chose Binance as our best overall alternative because of the scale of its operations, the robustness of its offerings and products, and the breadth of its support for various fiat currencies and payment methods.

Binance also charges some of the lowest trading fees we’ve seen at 0.10% per trade, and lists over 600+ cryptocurrencies, a selection large enough to cater to even the most particular crypto investors.

If you live in the UK, you can deposit fiat into your Binance account to invest in cryptocurrency; otherwise, you can use the p2p market to find a payment method that is cheap and convenient.

To begin using Binance, sign up for an account.

Methodology - How We Picked the Best eToro Alternative Exchanges

The platforms covered in this guide were chosen through rigorous testing, research, and reviews. We paid attention to security, transparency, reputation, funding fees, deposit and withdrawal methods, and coin selection.

The platforms listed are the best we found in the various categories we listed them. For example, we found that Bitpanda supports fiat currencies for European nations, so we named it the best alternative for European users.

Check our why trust us and how we test pages for more information on our testing process.

1
Min Deposit
$ 100
User Score
4.95
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Open Account
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods:
Bank Transfer, Debit Card, PayPal, Credit Card, Wire Transfer
Full Regulations:
CySEC, FCA
2
Min Deposit
$ 100
User Score
4.95
CFDs on BTC, ETH, LTC, NEO, XRP, IOTA, EOS, BAB, ADA, TRX, XMR
No need to open a crypto exchange account or use a special wallet
Regulated Broker - FCA, ASIC, CySEC (license number 250/14)
Visit Site
Description:
Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies. CySEC license number (#250/14)
Payment Methods:
Bank Transfer, Debit Card, PayPal, Credit Card, Visa, Mastercard, American Express, Trustly, Apple Pay, Google Pay, Discover, Bank Transfer: SEPA, Bank Transfer: FPS, skrill
Full Regulations:
ASIC, FCA, FSA, MAS, CySEC #250/14
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
3
Min Deposit
$ 1
Promotion
User Score
4.9
Offers maximum flexibility for crypto trading strategies.
Responsive customer support through various channels, including live chat, email, and a comprehensive help center.
Wide range of trading options, including spot trading, margin trading, and futures contracts.
Visit Site
Description:
Kraken is a San Francisco-based cryptocurrency exchange that allows users to trade various digital currencies. With a strong emphasis on security, Kraken employs cold storage for most funds and offers two-factor authentication (2FA). Its user-friendly interface provides real-time charts and order books, making it suitable for both beginners and experienced traders. Kraken also complies with regulatory requirements in the jurisdictions where it operates.
Payment Methods:
Debit Card, Credit Card, Visa, Mastercard, American Express, Apple Pay, Google Pay, Discover
Full Regulations:
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.

FAQs

Which platform should I choose as a beginner?
For beginners, the platform you choose should emphasise simplicity and easy deposits. Its user interface should be simple enough to use and should prioritise investments. Platforms like Coinbase, Bitpanda, and YouHodler fulfil these criteria.
What are cheaper alternatives to eToro?
Cheaper alternatives in terms of trading fees include Binance, Coinbase, Bitpanda, Skilling, and Capital.com. Regarding deposit fees, cheaper alternatives include Bitpanda, Skilling, and Capital.com.
Is eToro good for beginners?
Yes, eToro’s popularity is partly driven by its ease of use, availability, and vibrant community. Deposits are easy and cheap, and you can get started fairly quickly.
What is the eToro alternative in the UK?
There are various eToro alternatives in the UK, some of which include Binance, OKX, Bitstamp, and Coinbase.
What apps like eToro give free crypto?
Apps like Coinbase give free crypto through their learn-to-earn program that rewards users for completing learning tasks that deepen their knowledge of the crypto industry.
Before you go! Register with Immediate Edge instantly
Open Account