Nadex vs eToro

Nadex vs eToro Comparison Table 2023
Nadex eToro
WINNER
Nadex is the better broker
4.3
United States Flag Traders from US accepted
4.1
United States Flag 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
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
Commodities
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
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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