Kraken vs eToro

Kraken is a good crypto exchange with competitive fees and variety of coins. How does it compare to eToro? Read our comparison chart below.

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.

While eToro is a social crypto trading platform known for its popular CopyTrading feature. They support a fair range of cryptocurrencies with staking rewards on a few coins. Their fees are moderate compared to other exchanges.

Compare Kraken with eToro, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Kraken	eToro
		eToro USA LLC and eToro USA Securities Inc.
	Learn More	Visit Site
	SPECIAL OFFER Buy and Sell Cryptocurrencies - Learn More Read Kraken Review	OFFER Deposit $100 and Get $10 from eToro USA LLC - Learn More Read eToro Review
	Benefits and Features
Stock Trading		$0; 3,000+ stocks & ETFs
Options Trading		$0
Annual Fee		None
Cryptocurrency Trading
Minimum Deposit	$10	$100 ($200 to start copy trading)
Mutual Fund Trading		No
Commission Free ETFs		Over 300 ETFs
Phone Support		None
Live Chat Support		Online 24 hours, Monday to Friday
Email Support		Yes
Human Advisors		No
Robo Advisor		No
Assets Under Management		$7.5 Billion (as of 09/30/2023)
Cryptocurrencies Supported	56	83 (21 in the US)
Countries Supported	Over 170	Over 100
Fiat Currencies Supported	USD, EUR, CAD, AUD, GBP, CHF, JPY	USD, 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.
Digital Wallet	No	Yes
Tax Loss Harvesting		No
Transaction Fee	0.00% - 0.26%	1% fee for buying or selling crypto. 0% commission for buying or selling stocks and ETFs.
Copy Trading	No	Yes
Limit Orders	Yes	Yes
Margin Trading	Yes	Yes. Not available for US customers.
Goal Tracker		Yes
Automatic Deposits		Yes
Crypto Loans	No	No
Broker Assisted Trades		Not available
Good For		Position traders
Inactivity Fee		$10/month
Maintenance Fee		$0
Online Platform		Yes
iPhone App		Yes (4.3 stars, 2.3K ratings)
Android App		Yes (4.0 stars, 133k ratings)
Bank Account Purchase Fee	0.5% + $0.10	No
Debit Card Purchase Fee	3.75% + €0.25	No
Wallet Purchase Fee	1.5% or 0.9% for stablecoins & FX pairs	No
Credit Transaction Fee	3.75% + €0.25
Banking		No
Mobile App	Yes	Yes
ACH Transfer Fee		No
Wire Transfer Fee	$4 - $35	No
Crypto Conversion Fee	1.5% or 0.9% for stablecoins	0.10%
SEPA Bank Transfer Fee	€0.09 - €35
Withdrawal Fee	Varies by coin	$0 ($5 for non-U.S. customers)
Other Fees	1-time address setup fees for first-time deposits of many cryptocurrencies, varies by currency	Crypto transfer fee: 0.0005 units - .25 units; $10 monthly fee after 12 months inactivity
Address Allowlisting	Yes	No
Anonymity	No	No
Biometric Login	Yes	TouchID or FaceID
Cold Storage	Yes	Yes
Two-Factor Authentication	Google Authenticator or Yubikey	SMS or phone call
Withdrawal Limit	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	None, $30 minimum
Locations		No
Online Community		Yes
Seminars		Yes (eToro Academy)
Virtual Trading		Yes (eToro virtual account with $100,000 virtual funds)
Fractional Shares		Yes
Taxable Accounts		Yes
401k Plans		No
IRA Accounts		No
Roth IRA Accounts		No
SEP IRA Accounts		No
Trust Accounts		No
529 Plans		No
	CreditDonkey® Reviews

Cryptocurrency Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Safety
Pros & Cons	Pros: Advance market interface Many trading pairs Cons: Not beginner friendly Difficult to fund account	Pros: Copy actions of top traders Virtual practice account Cons: Slow customer service response time
Bottom Line	Good crypto exchange with competitive fees and variety of coins... Read full review	Good crypto exchange for learning, socializing and copy-trading... Read full review
	Learn More	Visit Site
	Buy and Sell Cryptocurrencies	Deposit $100 and Get $10 from eToro USA LLC Buy $100 in Crypto and Get $10 Bonus from eToro USA LLC Get $100,000 Virtual Portfolio to Experiment
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Kraken: Pricing information from published website as of 04/13/2021. eToro: eToro USA LLC; eToro is a multi-asset investment platform. The value of your investments may go up or down. Virtual currencies are highly volatile. Your capital is at risk. eToro: eToro is a multi-asset investment platform. The value of your investments may go up or down. Virtual currencies are highly volatile. Your capital is at risk. 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. Cryptocurrency is 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. eToro USA LLC does not offer CFDs and neither does it represent or assume any responsibility for the accuracy or completeness of the content of this publication, prepared by the Affiliate, as a partner, using information available and public and not specific to the eToro entity.

eToro USA LLC and eToro USA Securities Inc.

Deposit $100 and Get $10 from eToro USA LLC

Deposit $100 and Get $10

Expires 12/31/2024

For a limited time, you can get $10 when you deposit $100 in your eToro account. Here's how:

Sign up for an eToro account
Deposit $100

You'll automatically receive $10 directly to your account balance. Offer only applies to US customers. eToro USA LLC and eToro USA Securities Inc.; Investing involves risk, including loss of principal; Not a recommendation

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:

Sign up for an eToro account
Deposit funds
Invest in $100 worth of crypto

Buy $100 in Crypto and Get $10 Bonus

eToro USA LLC and eToro USA Securities Inc.

Get $100,000 Virtual Portfolio to Experiment

Get $100,000 Virtual Portfolio

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: Kraken or eToro?

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

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

Articles on Kraken

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