United States
United Kingdom
Germany
Netherlands
Australia
United Arab Emirates
Canada
Italy
Spain
Austria
Croatia
Serbia
Portugal
CypruseToro vs Binance
What each one charges, who licenses it, and how they rank against each other country by country.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The short version
The United Arab Emirates is the one country where we rank both for crypto, and Binance comes out ahead there.
We score each country separately, based on the company that would actually hold your account there, so check your own country in the table below.
We haven't found a fee they both publish in a way we can compare fairly, so the table below just shows what each one charges.
eToro holds top-tier licences from FCA, ASIC, SEC / FINRA and NYDFS; Binance has no tier-1 licence.
- We list eToro in 12 of the 14 countries we cover and Binance in 1. They overlap in 1.Edge: eToro
- Only eToro offers CFDs and stocks & ETFs.
- Binance gets more search attention than eToro (Market Signal 80 vs 71). That tells you how well known it is, not how good it is.
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
Crypto exchanges
| Country | eToro | Binance |
|---|---|---|
| United Arab Emirates | #3 of 569/100Locally licensed eToro (ME) Limited · FSRA (ADGM) | #2 of 570/100Locally licensed Binance FZE · VARA |
| Australia | #4 of 771/100Locally licensed eToro AUS Capital Limited · ASIC | Not listed |
| Austria | #8 of 2169/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Croatia | #8 of 1969/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Cyprus | #8 of 1969/100Locally licensed eToro (Europe) Ltd · CySEC | Not listed |
| Germany | #8 of 2169/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Italy | #8 of 1969/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Netherlands | #8 of 1969/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Portugal | #8 of 1969/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Spain | #8 of 1969/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| United Kingdom | #3 of 570/100Locally licensed eToro (UK) Ltd · FCA | Not listed |
| United States | #3 of 671/100Locally licensed eToro NY LLC · NYDFS | Not listed |
Fees and features side by side
| eToro | Binance | |
|---|---|---|
| Products | Stocks & ETFs, CFDs, Crypto, Copy trading | Crypto, Futures |
| Owner | eToro Group Ltd (listed on Nasdaq) | Not verified yet |
| EUR/USD all-in cost | Not verified yet | Not verified yet |
| US stock commission | $2 per order | Not verified yet |
| Crypto trading fee | 1%, app fee per trade (no order book) | 0.1%, base-tier taker fee on the order book |
| Currency conversion fee | Not verified yet | Not verified yet |
| Inactivity fee | None | Not verified yet |
| Withdrawal fee | Up to $5 | Not verified yet |
| Minimum deposit | $50 (eToro USA Securities Inc.) | Not verified yet |
| Instruments | 10,000+ | Not verified yet |
| Fractional shares | Yes | Not verified yet |
| Platforms | eToro web platform, eToro mobile app | Not verified yet |
| Deposit methods | Bank transfer, Credit/debit card, Trustly (online banking), SEPA transfer | Bank card |
| Withdrawal time (stated) | status email within 2 business days; up to 10 business days by method | Not verified yet |
| Demo account | Yes | Not verified yet |
| Support | Not verified yet | live chat · 24/7 |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (eToro, Binance).
Licences
eToro
- eToro (Europe) Ltd: CySEC (Tier 2)
- eToro (UK) Ltd: FCA (Tier 1)
- eToro AUS Capital Limited: ASIC (Tier 1)
- eToro USA Securities Inc.: SEC / FINRA (Tier 1)
- eToro (Seychelles) Ltd: FSA Seychelles (Tier 3 (offshore))
- eToro NY LLC: NYDFS (Tier 1)
- eToro (ME) Limited: FSRA (ADGM) (Tier 2)
eToro vs Binance: common questions
Which is better, eToro or Binance?
The United Arab Emirates is the one country where we rank both for crypto, and Binance comes out ahead there. For reference, eToro's best ranking is #1 of 30 CFD brokers in Cyprus, and Binance's best ranking is #2 of 5 crypto exchanges in the United Arab Emirates.
Is eToro cheaper than Binance?
We haven't been able to compare their fees like for like yet. The fees table on this page shows what each one publishes.
Is eToro or Binance better regulated?
eToro holds top-tier licences from FCA, ASIC, SEC / FINRA and NYDFS; Binance has no tier-1 licence. Which company you actually sign up with depends on where you live; the country table on this page names it for each one.
Can I use both eToro and Binance where I live?
We list eToro in 12 of the 14 countries we cover and Binance in 1. They overlap in 1. For crypto, you'll find both on our lists in United Arab Emirates.