eToroX for 2020

We found 11 online brokers that are appropriate for Trading Crypto Broker.

eToroX Guide

What is eTorox?

eToroX is a well known cryptocurrency exchange aimed at professional and active cryptocurrency traders. eToroX offers institutional grade crypto features and infrastructure.

eTorox is regulated by the Gibralter Financial Services Commission.

Stablecoins are issued and backed by eToro.

eToroX offers many advanced order types like IOC and FOK.

eToroX has very low fees and is built on a market maker type trading model.

Transactions of eToroX are very fast. The eToroX is backed by banking grade crypto hardware. This means transactions are near instant.

You can trade 24/7 with eToroX. Over 80 currency pairs, crypto, Forex and commodities are all covered by eToroX.

eToroX Limited was founded by Yoni Assia in 2018 and is a sub company of the world famous eToro.

Yoni Assia a famous fintech entrepreneur founded and created the eToroX cryptocurrency community platform. eToro and eTorox are headquartered in Cyprus and employs upto 1 thousand people.

Overall, the eToroX exchange is a huge leap forward in cryptocurrency technology and its aim is to increase the adoption to retail traders trading on crypto markets.

eToroX is definitely a revolutionary cryptocurrency exchange. However, it is important to separate the platform from its parent eToro trading platform and eToro currencies.

The eToroX platform tokens mimic fiat currencies.

Most crypto exchanges like eToroX have the most popular stablecoins for example GUSD and GUSD.

eToro have their own cryptocurrency. eToros own brand cryptocurrencies can only be brought and sold on the eToroX exchange.

ALthough eToro is a reputable and reliable platform, you should not store excessive amounts of stablecoins for extensive lengths of time. Just trade what you need to and then move your cryptocurrency elsewhere.

What eToroX Offers

The eToro Wallet

Available for Android and IOS the eToro wallet offers transfer and conversion of cryptocurrency assets. Your eToro wallet balance is separate from your main eToro trading account.

The eToro wallet supports Bitcoin, Bitcoin Cash, Ripple, Ethereum, Litecoin, Steller, OmiseGO, Maker, BAT, EURX, USDX.

eTorox Fees

eToroX limit order fees are 0.1-0.03% depending on the size of the trade.

Depending on the size of your order existing orders are charged 0.24-0.12%.

eToroX withdrawal fees depend on the cryptocurrency you are withdrawing too.

Monthly Volume Maker fees Taker fees
Tier-1
<$100,000
0.10% 0.24%
Tier-2
<$500,000
0.09% 0.22%
Tier-3
<$1,000,000
0.08% 0.20%
Tier-4
<$5,000,000
0.07% 0.17%
Tier-5
<$10,000,000
0.06% 0.15%
Tier-6
>$10M
0.03% 0.12%

Learn more about eToroX fees.

eTorox Payment Currencies

eToroX allows you to use the below cryptocurrencies.

Exploring cryptocurrency exchanges and stablecoins

Choosing the best cryptocurrency exchange can be a difficult task as there are so many options available.

Choosing the right options can be quite a challenge and the aim of the cryptocurrency exchange is to provide coins for trading, however, you need to be aware of the features that you require on the exchange.

You should choose a cryptocurrency exchange that deals stablecoins rather than fiat currencies.

The exchange should issue and back up the coins and as a result, the trading risk is reduced.

The features you should look for in a cryptocurrency exchange

Wallets should be secure and facilitate deposits in a variety of currencies and the cryptocurrency exchange offer wallets for both Android and iOS.

The wallet should permit you to easily transfer the assets from the specific cryptocurrency exchange.

You should also be able to receive the assets from other cryptocurrency exchanges and the wallet should facilitate you to convert crypto assets into other assets.

The best cryptocurrency platforms ensure the fact that your wallet is secure. They maintain control of your funds.

You need to login into the exchange account to access your wallet.

Your wallet should support a variety of cryptocurrencies and you should be able to deposit the following into your wallet.

Go for a Regulated Cryptocurrency Exchange

When you opt for a cryptocurrency exchange, you should ensure that it is regulated and licensed.

Well-defined fee structure offerings

Ideally, look for a cryptocurrency platform that does not charge for deposits. The platform should work as per the “maker-taker” model.

Makers who tend to add the orders in the order book should be charged about 0.1%.

Takers who tend to fulfil the orders should be charged a fee of about 0.24%. The withdrawal fee should differ depending upon the coins that you decide to withdraw.

Defined structure Offerings for Managing Stablecoins

The vital aspect is that the cryptocurrency platform should have a defined mechanism to manage the stablecoins.

The exchange needs to play the role of the market maker. It should play the role of a bank and indulge in buying and selling of the stablecoins.

Listed Risks related to trading stablecoins.

It is vital that the risks for trading the stablecoins should be clearly listed.

For example, if the value of the tokens fall below the limit, then the stablecoins should not be redeemable.

At the same time, it is essential for the cryptocurrency exchange to have a clear mechanism for issuing stablecoins.

What most exchanges do is they create tokens for stablecoins and list the tokens on the exchange.

The exchange sells the tokens to the customers in exchange of the major cryptocurrencies.

To benefit from trading stablecoins, there are rules you would need to follow. When you want to sell stablecoins, then someone should be willing to buy.

If there is pre-existing abnormal market conditions, then the market maker is not obligated to buy tokens for the stablecoins. The abnormal market conditions may include extreme volatile conditions.

If a token holder is unable to sell the tokens, then it will not be possible to retrieve the invested capital.

When investing in stablecoins remember these rules to avoid losses coming your way. You need to remember that the exchange will not take any responsibility in case of extreme conditions.

Think before investing in stablecoins. Also, as a trader you need to know that stablecoins tokens are not regulated. As a result, the exchange will not offer you any added protection in this situation.

As a trader, you need to know that you will not be able to take legal action against the trading platform if token value drops.

When deciding upon a cryptocurrency trading platform, do your research. Do not be apprehensive to list down your questions and concerns.

Put them forward to the support team as it is essential that you should raise questions related to stablecoins.

Stablecoins can be a profitable venture if you understand the volatility of the markets.

Choose your cryptocurrency platform keeping all these aspects into consideration and you should not have any regrets and the possible outcome will be as per your expectations.

More eToro Guides and Research

If you are researching eToro make sure to read through the below eToro related guides. You will find something useful.

We've collected thousands of datapoints and written a guide to help you find the best eToroX for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Crypto Broker below. You can go straight to the broker list here.

Reputable eToroX Checklist

There are a number of important factors to consider when picking an online Crypto Broker trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Crypto Broker.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Crypto Broker of 2020 compared

Here are the top Crypto Broker.

Compare Crypto Broker min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are Crypto Broker. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Crypto Broker that accept Crypto Broker clients

Broker eToro IC Markets Pepperstone FXPrimus Axitrader Swissquote AvaTrade forexmart phoenixmarkets ezinvest ETX Capital
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) Financial Conduct Authority (FCA) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA)
Min Deposit 200 200 200 100 No minimum deposit 1000 250 1 500 500 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 12,000,000+ 60,000+ 10,000+ 10,000+ 10,000+ 300,000+ 200,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Offers STP
  • Allows scalping
  • Offers STP
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps MT4,WEB,desktop MT4,mac,Android.iPhone/iPad MT4,mac,Android.iPhone/iPad MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
Sign Up with
icmarkets
Sign Up with
pepperstone
Sign Up with
fxprimus
Sign Up with
axitrader
Sign Up with
swissquote
Sign Up with
avatrade
Sign Up with
forexmart
Sign Up with
phoenixmarkets
Sign Up with
ezinvest
Sign Up with
etxcapital
Risk Warning 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 79% of retail investor accounts lose money when trading CFDs with this provider Your capital is at risk Your capital is at risk Your capital is at risk Losses can exceed deposits
Demo eToro
Demo
IC Markets
Demo
Pepperstone
Demo
FXPrimus
Demo
Axitrader
Demo
Swissquote
Demo
AvaTrade
Demo
ForexMart
Demo
Phoenix Markets
Demo
EZINVEST
Demo
ETX Capital
Demo
Excluded Countries IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA BR, KR, IR, IQ, SY, JP, US AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. US, JP US BE, BR, KP, NZ, TR, US, CA, SG BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL US, BE, CA , SG, BE

All Crypto Broker in more detail

You can compare Crypto Broker ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Crypto Broker for 2020 article further below. You can see it now by clicking here

We have listed top Crypto Broker below.

eToroX List

eToro
(4/5)
Min deposit : 200
eToro was established in 2006 and is used by over 12000000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF)

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 60000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 10000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Pepperstone offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
FXPrimus
(4/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
Axitrader
(3/5)
Min deposit : 0
Axitrader was established in 2007 and is used by over 10000+ traders. Losses can exceed deposits Axitrader offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA)
Swissquote
(3/5)
Min deposit : 1000
Swissquote was established in 1999 and is used by over 300000+ traders. Losses can exceed deposits Swissquote offers Forex, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
AvaTrade
(3/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
forexmart
(3/5)
Min deposit : 1
ForexMart was established in 2015 and is used by over 10000+ traders. Your capital is at risk ForexMart offers Forex trading, CFD trading, Social trading, Share Dealing, Crypocurrency trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4,WEB,desktop

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
phoenixmarkets
(3/5)
Min deposit : 500
Phoenix Markets was established in 2013 and is used by over 10000+ traders. Your capital is at risk Phoenix Markets offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4,mac,Android.iPhone/iPad

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
ezinvest
(3/5)
Min deposit : 500
EZINVEST was established in 2008 and is used by over 10000+ traders. Your capital is at risk EZINVEST offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4,mac,Android.iPhone/iPad

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
ETX Capital
(3/5)
Min deposit : 100
ETX Capital was established in 2002 and is used by over 10000+ traders. Losses can exceed deposits ETX Capital offers Forex, CFDs, Spread Betting

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)