Do you have ideas or suggestions for changes? Then we look forward to your feedback! We make every effort to keep all metrics and information as up-to-date as possible. However, if you discover an error or outdated information, we would be delighted to hear from you.
Feel free to write to us:
Transferable to your own wallet
Self-custody of cryptocurrencies plays an important role for many users who want to manage their cryptocurrencies and thus their "private keys" themselves and not leave them in the hands of the exchange. Most exchanges offer the option of sending the purchased cryptocurrencies to their own wallet.
Deposit protection is a safeguard for the assets of users of a stock exchange or broker, which is intended to protect investors in the event of insolvency or a high loss due to a hacker attack. Service providers based in Germany are legally obliged to provide deposit protection of €100,000. In some cases, international exchanges have a special insurance policy that covers a certain portion of the assets instead of a deposit guarantee.
The overall rating is the average of our individual ratings. Our ratings do not constitute investment advice, but merely our personal opinion. You are welcome to use them as rough indicators and additional perspective. In the dynamic and fast-growing crypto sector, parameters can often change from one day to the next, so we cannot guarantee that the rating data is up to date. Therefore, please never use our ratings as an isolated basis for decision-making and not as a substitute for your own research.
This rating describes our personal assessment of the user-friendliness of the product. How easy is the onboarding process? How modern is the user interface and is it easy to use? Are all the important functions quick and easy to find? We ask ourselves all these questions in order to give a personal rating from 1 to 10 points.
This rating describes our assessment of the fee structure of a stock exchange or broker. It is not only the amount of fees that can differ, but also the type of fees. The most common type of fees for crypto exchanges are the "maker/taker" fees or spreads. In some cases, there are also hidden fees that are not recognizable to users at first glance.
For products or services in the crypto space, trust and security should be the biggest factors in the selection process. Since we could not seriously evaluate the technical security of a platform or product, we analyze publicly available factors such as security features, location, regulation, certifications, audits, team/company, general reputation and, of course, track record.
Crypto doesn't have to be cryptic. Especially for beginners, the first contact with the crypto world can be overwhelming. With this rating, we give our assessment of how easy it is for beginners to find their way around: from the onboarding process to using the most important functions.
Customer support is an important factor for many users. A long wait or no response at all in the event of problems can be frustrating, especially when it comes to sensitive topics such as finances. With this rating, we give our assessment of the quality of customer support. In order to provide as balanced an assessment as possible, we also include user opinions from other platforms in our evaluation.
Some exchanges and brokers are regulated by financial supervisory authorities in certain countries/states. This often entails strict financial regulatory requirements and compliance requirements to which the company must adhere. Regulatory clarity can contribute to greater transparency and thus also greater trustworthiness.
eToro vs Trade Republic in comparison
Overview
- Real crypto in most US states through eToro USA LLC, and in New York through eToro NY LLC with a BitLicense
- One app for crypto, commission-free US stocks and ETFs, options and CopyTrader
- $100,000 demo portfolio with live market data
- No custody fee and no cash withdrawal fee for eToro USA customers; eToro says it no longer charges an inactivity fee
- Parent listed on Nasdaq; licenses from CySEC, the FCA and ASIC; US registrations with FinCEN and the SEC
- 1% per crypto buy and sell, against 0.80% taker at the entry tier of Kraken Pro
- Only 114 crypto assets for US clients, 39 in New York
- Moving crypto out costs 2% into the eToro crypto wallet (up to $100), and only 30 assets on the US list can be moved
- No leverage or short selling on crypto in the US; elsewhere both are CFDs, where 51% of retail investor accounts lose money
- No proof-of-reserves report that we could find
- 50 cryptos as real coins that you can send to your own wallet
- A flat €1 fee per trade and free crypto savings plans
- Staking for SOL, ETH, DOT and more at no extra fee
- Crypto, stocks, ETFs, a current account and a card in one app from a German bank
- Orders from 1 euro and no minimum investment amount
- The size of the crypto spread is not published on the website
- The €1 fee weighs heavily on small orders
- A short coin list compared with crypto exchanges
- No proof of reserves that we could find, and no private keys of your own in the app
- Only for residents of 18 European countries
Features Comparison
- Cryptocurrencies
- Stocks
- ETFs
- Commodities
- Foreign exchange
- Indices
- CFD trading
- Cryptocurrencies
- Stocks
- ETFs
- Derivatives
1
%
1.00%
1.00%
Varies
0
%
€1
€1
Varies
150
+
$
50
50
+
$
1
Exchange Rating
Functions
- Social Feed
- Copy-Trading
- Deposit with Paypal
- Free savings plans
- Crypto transfers to and from external wallets
- Crypto staking
- Web Terminal for stocks and derivatives
Company Details
Our Review
eToro is a multi-asset broker that sells real crypto through eToro USA LLC in most US states, and its US fee schedule lists a 1% commission per buy and per sell. In our view it suits investors who want crypto next to stocks and CopyTrader in one app better than it suits active traders. Outside the US, leveraged and short crypto positions are CFDs.
Social Trading vs Investment App
eToro serves beginners through social trading innovation. Trade Republic serves beginners through simple investment app experience. Both target newcomers with different approaches.
Beginner Focus
Both target beginners. Trade Republic scores 10/10 beginner friendliness; eToro scores 8/10.
Crypto Options
eToro offers over 150 cryptocurrencies. Trade Republic offers about 50, with transfers to external wallets since November 2025.
Special Features
eToro: Copy trading, social features. Trade Republic: Stocks, ETFs, savings plans.
The Decision
eToro at 8.8 suits users wanting social trading features.
Trade Republic at 7.9 suits German investors wanting simple all-in-one app.
About the author
At Exchange Flow, Ethan is recognized as the resident crypto expert. With 10+years of experience navigating the waters of global crypto exchanges, Ethan is a trusted voice in the ever-evolving world of digital currencies. He tests and scrutinizes exchanges so you don’t have to, offering reviews and articles that newbies and seasoned traders alike find invaluable. When he’s not coding, Ethan likes to travel and play retro games. He uses his crypto earnings to fund his trip around the globe.
