Your capital is at risk. Trade only with funds you can afford to lose.
Nexo
#32 in our crypto broker rankings
Accepts traders from Guyana
Rating breakdown
- Regulation & trust2.51.8 lower than eToro (4.3)
- Assets & markets3.00.8 lower than eToro (3.8)
- Fees & costs2.50.9 lower than eToro (3.4)
- Platforms & tools3.50.7 higher than eToro (2.8)
- Accounts & banking3.01.1 lower than eToro (4.1)
- Education1.03.0 lower than eToro (4.0)
- Research2.51.8 lower than eToro (4.3)
- Customer support4.01.5 higher than eToro (2.5)
eToro’s score. Numbers show the difference.
eToro
#11 in our CFD broker rankings
Accepts traders from Guyana
61% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Rating breakdown
- Regulation & trust4.31.8 higher than Nexo (2.5)
- Assets & markets3.80.8 higher than Nexo (3.0)
- Fees & costs3.40.9 higher than Nexo (2.5)
- Platforms & tools2.80.7 lower than Nexo (3.5)
- Accounts & banking4.11.1 higher than Nexo (3.0)
- Education4.03.0 higher than Nexo (1.0)
- Research4.31.8 higher than Nexo (2.5)
- Customer support2.51.5 lower than Nexo (4.0)
Nexo’s score. Numbers show the difference.
| Nexo | eToro | |
|---|---|---|
| Overview | Nexo is a centralized crypto exchange founded in 2018 in Bulgaria and today operates across some 200 jurisdictions from its base in Switzerland. It provides services including spot trading, futures trading, cold wallet storage and fiat-on ramps to buy crypto tokens. The crypto firm is registered with some respected financial authorities, such as the ASIC, and offers some fairly unique additional services including a credit card. | eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Crypto investments are risky and may not suit retail investors. You could lose your entire investment. Understand the risks here. 61% of retail CFD accounts lose money. |
| Customer Reviews | – | Based on 3 customer reviews |
| Trustpilot Score | ||
| Bonus Offer | Loyalty scheme with various bonuses, plus referral program and bonus paid to lenders on credit line | Get A Free Stock Worth $50 |
| Promotions | – | |
| Comment by Reviewer | “Nexo gives crypto traders the capability to trade, invest, lend and borrow digital assets in one place, and it’s especially good for its credit functions that pay out very high yields to lenders. However, its fees are relatively high, although its loyalty program does reward active users with perks like discounted rates on loans.” | “eToro's social trading platform leads the pack with a terrific user experience and active community chat that can help beginners find opportunities. There are also competitive fees on thousands of CFDs and real stocks, plus excellent rewards for experienced strategy providers.” |
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| Instruments | Cryptos, Perpetual Futures | CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs |
| Demo Account | No | Yes |
| Minimum Deposit | $10 | $50 |
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| Minimum Trade | $30 | $10 |
| Regulator | SEC & CFTC (via Bakkt) | FCA, CySEC, MiCA, MFSA, FSRA, ASIC, FSAS, MAS, GFSC |
| Margin Trading | Yes | Yes |
| Margin Rate | – | 6.40% |
| STP Account | No | Yes |
| ECN Account | No | No |
| 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 | Yes | Yes |
| Mobile Apps | iOS & Android | iOS & Android |
| App Review | – | 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. |
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| Auto Trading | – | Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. |
| Copy Trading | No | Yes |
| Copy Trading Platform | – | eToro continues to deliver one of the best proprietary copy trading platforms on the market, at no additional cost for eToro clients. The web-based platform features a user-friendly and interactive layout and also comes with a community chat, making it a stand-out choice for beginners. The latest 'Live Trades' feature also offers real-time insights into the securities being bought by the platform's popular investors. |
| Social Trading | No | Yes |
| Trade Signals | – | 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 |
| Islamic Account | No | Yes |
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| Stock Exchanges | – |
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| CFD Trading | ||
| Overview | CFD trading not offered | You can trade CFDs on over 3,000 assets and access rich market data through the integrated TradingView charts. There are also comprehensive free learning tools available for beginners via the eToro Academy, including dedicated CFD trading courses and guides. |
| Leverage | – | 1:30 EU |
| FTSE Spread | – | 1.5 |
| GBPUSD Spread | – | 1.9 |
| Oil Spread | – | 0.05 |
| Stocks Spread | – | 0.57 (Apple) |
| Forex Trading | ||
| Overview | Forex trading not offered | An above-average selection of 55 currencies are available with reasonable spreads averaging 1.0 pips on EUR/USD during peak hours. Aspiring traders can continuously hone their forex strategies by switching between demo mode and their live account any time, with full access to the broker's 100+ technical indicators. |
| GBPUSD Spread | – | 1.9 |
| EURUSD Spread | – | 1.0 |
| EURGBP Spread | – | 1.3 |
| Assets | – | 55 |
| Currency Indices | – |
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| Cryptocurrency | ||
| Overview | Nexo offers trading on an impressive suite of around 100 tokens, including Bitcoin. Digital assets can be bought, sold and swapped directly on the exchange or traded in over 500 pairs. Digital assets can also be used as collateral for fiat loans or used to generate passive income with the ‘smart staking’ tool. | eToro leads the way in cryptocurrency trading, offering competitive spreads and a fixed 1% commission, plus their own wallet service. The broker offers a vast list of 100+ tokens which is continually being updated, including 29 new tokens in April 2025, from AI to memecoins. It also brought in crypto staking in 2025, allowing users to earn rewards for HODLing digital assets. Crypto investments are risky and may not suit retail investors. You could lose your entire investment. Understand the risks here. |
| Spread | N/A | BTC 1% |
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| Crypto Lending | Yes | No |
| Crypto Mining | No | No |
| Crypto Staking | Yes | Yes |
| Auto Market Maker | No | No |
61% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.