Binance.US vs eToro

How Binance.US vs eToro compare on our ratings, exchange specs, funding, pros and cons.

VS
eToro3.8/5
Feature
Ratings
Our score4.1/53.8/5
User ratingNo reviews yetNo reviews yet
Fees5.02.5
Security & trust4.04.5
Asset selection4.03.5
Ease of use4.04.5
Support3.53.5
Specs
MarketsSpot, OTCSpot, Options, Copy trading
Maker fee0%1%
Taker fee0.02%1%
Coins listed200Not disclosed
Fiat deposit methodsBank transfer, Card, Apple Pay, Google Pay, ACHNot disclosed
KYC required Yes Yes
Accepts US customers Yes Yes
Proof of reserves YesNot disclosed
Staking / earn Yes Yes
Mobile app Yes Yes
Licenses & registrationsFinCEN MSB, 32 US State Money Transmitter LicensesFCA, CySEC, ASIC, MAS
Security featuresU.S.-based cold storage, Multi-factor authentication, SOC 2 Type II certified, ISO 27001 certified, ISO 27701 certifiedSegregated accounts, 2FA
Futures & perpetuals No Yes
Copy trading No Yes
P2P market No No
Earn / savings products Yes Yes
User protection fund No Yes
Referral program YesNot disclosed
Company
Founded20192007
HeadquartersUnited StatesIsrael
InvestorsRRE Ventures, Circle Ventures, Foundation Capital, Original Capital +1China Minsheng Financial, Spark Capital, Social Leverage, ION Group +11
Strengths and weaknesses
Pros
  • 0% maker fees across all 250+ spot trading pairs
  • Zero-fee fiat deposits and withdrawals through bank ACH transfers
  • SOC 2 Type II and ISO 27001 third-party security audits
  • Staking support across 25+ proof-of-stake cryptocurrencies
  • Publicly traded on Nasdaq under ticker ETOR
  • Regulated across major jurisdictions by the FCA, CySEC, and ASIC
  • Customer funds kept in segregated accounts at major global banks
  • Zero broker commissions on non-leveraged stocks and ETFs
Cons
  • Unavailable to residents in 16 U.S. jurisdictions, including New York and Texas
  • ACH fiat deposits carry a mandatory 7-day withdrawal hold
  • Centralized custody model requires full trust in the exchange for fund safety
  • Mandatory KYC identity verification required before trading or depositing
  • Standard crypto fee capped at 1% is higher than pure crypto exchanges
  • Centralized custody model where users do not hold private keys directly
  • Mandatory KYC identity verification required before trading starts
  • Asset availability and leverage limits vary significantly by jurisdiction
Best forU.S. spot traders placing limit orders, Investors seeking zero-fee ACH deposits, Proof-of-stake crypto holders earning rewardsBeginner social and copy traders, Mixed crypto and equity investors, Regulated European and UK retail investors

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