eToro vs SimpleSwap

eToro3.8/5

VS

SimpleSwap4.1/5

Feature	eToroVisit	SimpleSwapVisit
Ratings
Our score	3.8/5	4.1/5
User rating	No reviews yet	No reviews yet
Fees	2.5	3.0
Security & trust	4.5	4.0
Asset selection	3.5	5.0
Ease of use	4.5	4.5
Support	3.5	4.0
Specs
Markets	Spot, Options, Copy trading	Spot
Maker fee	1%	Not disclosed
Taker fee	1%	Not disclosed
Coins listed	Not disclosed	2,800
Fiat deposit methods	Not disclosed	Card
KYC required	Yes	No
Accepts US customers	Yes	Not disclosed
Staking / earn	Yes	Not disclosed
Mobile app	Yes	Yes
Licenses & registrations	FCA, CySEC, ASIC, MAS	Not disclosed
Security features	Segregated accounts, 2FA	Non-custodial architecture, Direct wallet settlements
Futures & perpetuals	Yes	No
Copy trading	Yes	No
P2P market	No	No
Earn / savings products	Yes	Not disclosed
User protection fund	Yes	Not disclosed
Referral program	Not disclosed	Yes
Company
Founded	2007	2018
Headquarters	Israel	—
Investors	China Minsheng Financial, Spark Capital, Social Leverage, ION Group +11	Not disclosed
Strengths and weaknesses
Pros	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	No account registration required for standard crypto-to-crypto swaps Non-custodial model delivers converted assets directly to personal wallets Extensive catalog covering more than 2,800 cryptocurrencies Choice between fixed guaranteed rates and floating market rates
Cons	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	Built-in exchange spreads can exceed traditional spot order-book trading fees Transactions flagged by automated AML risk scoring trigger sudden KYC holds No order books, limit orders, futures, or margin trading Fiat purchases rely on third-party processors with separate fees and verification
Best for	Beginner social and copy traders, Mixed crypto and equity investors, Regulated European and UK retail investors	Registration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances

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