Nadex vs eToro

Nadex vs eToro Comparison Table 2023
Nadex	eToro
WINNER Nadex is the better broker
Review 4.3 Traders from US accepted	Review 4.1 Traders from US not accepted
The leading US trading Exchange. Nadex offer genuine exchange trading to global clients on Binary Options. Fully regulated by the CFTC.	eToro is a multi-asset platform which offers both investing in stocks and cryptoassets. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. CFDs are not available in the US Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 79% of retail accounts lose money.
	79% of retail investor accounts lose money when trading with this provider. You should consider whether you can afford to take the high risk of losing your money.
Pros
Free demo account Regulated exchange Proprietary mobile app Extensive educational resources	25M+ user community $10 minimum deposit Cryptocurrency trading Top-rated copy trading app
Cons
No MT4 or MT5 platform integration No welcome bonuses or financial incentives	No welcome bonuses No MetaTrader 4 or MetaTrader platforms
Awards
	Best of Show Award 2012 - Finovate Europe Most Innovative Trading Platform 2010 - World Finance Awards Best Trading Software 2011 - World Finance Awards
Instruments
Binary Options, Knock Outs™, Call Spreads	Crypto
Demo Account
Yes	Yes
Minimum Deposit
$250	$10
Payment Methods
ACH Transfer Cheque Debit Card Mastercard Visa Wire Transfer	Automated Customer Account Transfer Service Bitcoin Payments Debit Card Ethereum Payments iDeal Klarna Maestro Neteller Payoneer POLi Rapid Transfer Skrill Sofort Swift Visa Wire Transfer
Minimum Trade
$1	$10
Regulator
CFTC	FCA, CySEC, ASIC, FSA
Margin Trading
No	Yes
MetaTrader 4
No	No
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	Yes
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	Yes
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
NadexGO	iOS, Android & Windows
Auto Trading
Yes	Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do.
Copy Trading
No	Yes
Copy Trading Platform
	One of the best proprietary platforms currently on the market is the award-winning eToro CopyTrader (at no additional cost for eToro clients). The web-based platform includes a user-friendly and interactive layout and also comes with social features, including a community chat. Copy trading on crypto trades only.
Social Trading
No	Yes
Trade Signals
Yes	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$10	$10
Islamic Account
No	Yes
Account Currencies
USD	USD
Stock Exchanges
DAX GER 40 Index Dow Jones FTSE UK Index Japan Exchange Group Nasdaq S&P 500 Shenzhen Stock Exchange	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange National Stock Exchange Of India New York Stock Exchange S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Tokyo Commodity Exchange US Dollar Index
Commodities
Gold Natural Gas Oil Silver	Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Nickel Oil Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat
CFD Trading
CFD trading not offered	eToro offers leveraged CFD trading in certain jurisdictions. Speculate on thousands of financial assets.
FTSE Spread
	1.5 pt
GBPUSD Spread<
	2 pips
Oil Spread
	5 pts
Stocks Spread
	0.24% Var
Forex Trading
Speculate on the price movement of 11 currency pairs with binary options contracts.	eToro offers a selection of major, minor and exotic currency pairs. Clients can speculate on FX from the eToro trading app.
Forex App
NadexGO allows trading whenever, wherever, and however traders want. Specializing in short term trading, the mobile app needs to offer quick response times, and certainly delivers. It is also reliable and secure, ensuring traders can trade with confidence on the move. NadexGo is a rock solid trading app.	eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand.
GBPUSD Spread
0.25 pips Var	2 pips
EURUSD Spread
0.25 pips Var	1.5 pips
EURGBP Spread
0.25 pips Var	1.5 pips
Assets
11	49
Cryptocurrency
Crypto trading not offered	eToro leads the way in cryptocurrency trading. The lowest spreads (from 0.75% for BTC), their own wallet service and the largest number of cryptos to trade in the market. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply..
Spread
	BTC <1%, ETH 2%
Coins
	BTC ETH BCH XRP DASH LTC ETC ADA MIOTA XLM EOS NEO ZEC BNB VET
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	Yes
Auto Market Maker
No	No
Binary Options
Nadex offers real-time market action with short-term binary options trading. Trade on contracts that expire after 5 seconds.	Binary options trading not offered
Payout
Exchange (See Full Review)%
Expiry Times
5 seconds - 1 week
Ladder Options
No	No
Boundary Options
Yes	No

Review	Review
	79% of retail investor accounts lose money when trading with this provider. You should consider whether you can afford to take the high risk of losing your money.
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