eToroX Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $10,000
- Proprietary platform
- There are investment programs
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $10,000
- Proprietary platform
- There are investment programs
Our Evaluation of eToroX
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
eToroX is a high-risk cryptocurrency exchange with the TU Overall Score of 2.88 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by eToroX clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. eToroX ranks 144 among 172 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
The eToroX cryptocurrency exchange is part of one of the world’s leading brokers, eToro. Cryptocurrencies are traded through the broker’s proprietary trading terminal. The platform is suitable for clients who are starting to trade cryptocurrencies or planning to use them to diversify their investment portfolio.
Brief Look at eToroX
The eToroX cryptocurrency exchange was launched by its parent company—the eToro broker—in 2018. The main office of the company is located in Gibraltar. The eToroX cryptocurrency exchange ranks high in the CoinMarketCap rating and has over 19 million active accounts. The marketplace is completely unified with the main eToro platform, so clients who open an account with eToroX can use the functions of both the exchange and the broker.
- 50 supported cryptocurrencies;
- commissions from 0.05% per transaction;
- support of a large, licensed broker.
- minimum deposit from 10,000 USD;
- margin trading is not available;
- technical assistance only works 24/5;
- you cannot contact assistance by phone or email;
- the minimum trade size is 125 USD.
TU Expert Advice
Financial expert and analyst at Traders Union
The eToroX cryptocurrency exchange is a special division of the eToro broker that specializes in the direct provision of trading services involving cryptoassets. The exchange was established in 2018 and has been actively developing since then.
The company offers eToro Investment Assets, allowing clients to generate passive income using cryptocurrency portfolios or copy trading.
The company offers traders 50 types of cryptocurrencies. Proprietary stablecoins are a special feature of this exchange, they are developed for 14 world currencies, as well as for gold and silver. Fixed Maker and Taker fees apply, which is 0.05%.
This exchange is suitable for professional traders as it has high limits on the minimum currency deposit (10,000 USD) and the minimum trade volume (125 USD). However, thanks to a good selection of cryptocurrencies, attractive commissions, and the support of the reputable broker eToro, the exchange was included in the Traders Union’s rating.
eToroX Summary
| 💻 Trading platform: | Proprietary platform |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | USD, cryptocurrencies, eToro stablecoins |
| 💵 Replenishment / Withdrawal: | Bankcard, credit cards, crypto wallets |
| 🚀 Minimum deposit: | from 10,000 USD. There are no limits for cryptocurrencies |
| ⚖️ Leverage: | 1:1 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 125 USD |
| 💱 Commission: | Market |
| 🔧 Instruments: | Cryptocurrencies, USD |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | N/A |
| ⭐ Trading features: | There are investment programs |
| 🎁 Contests and bonuses: | Yes |
Cryptocurrencies are traded on eToroX without leverage. The company has high requirements for the minimum deposit, but the policy of commissions on the exchange is advantageous.
Share your experience
- Best
- Last
- Oldest
Commissions and fees
| Account type | Commission (minimum value) | Withdrawal commission |
|---|---|---|
| Standard | 0.05% | Yes |
The Traders Union also made a comparative analysis of eToroX fees with similar values of other cryptocurrency exchanges and arranged the companies based on the analysis.
| Broker | Average commission | Level |
|---|---|---|
|
$0.05 | |
|
$20 | |
|
$0.1 |
Investment Options
Because the eToroX exchange is a division of the eToro broker, the investment programs of these companies are identical. For example, clients can use the CopyPortfolios service. The company has special portfolios that provide direct investment in cryptocurrencies. The trader needs to copy a ready portfolio, and after that he will make a profit or incur losses in accordance with the financial indicators of the investment portfolio he chose.
eToroX Copy trading
The main investment opportunity for traders working with eToroX is the copy trading service. The broker’s social trading platform is the oldest, it was launched in 2010. With the help of the service, subscribers can get acquainted with the news from the world of cryptocurrencies, which are shared by other users, they can read the news of popular traders and, of course, copy transactions.
Benefits of eToro’s copy trading:
Large selection of traders for copying. More than 135,000 strategy providers offer their signals on eToroX.
Convenient search for traders to copy transactions with cryptocurrencies. You can use filters or the search bar to find specialists.
You have the opportunity to get acquainted with the statistics. The copy trading service provides detailed statistics on the transactions of each user offering transactions for copying.
The copy trading platform does not charge additional commissions for trades. The broker gains income from the commissions on transactions that are copied in the trading terminals of subscribers.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
eToroX’s affiliate program
Invite a Friend. The broker’s affiliate program is also relevant for eToroX crypto exchange. You can invite a friend using a referral link, which can be obtained in your personal account. The user will receive a reward of 50 USD for each trader invited to eToroX. The money is immediately credited to a real account, so it can be used to withdraw funds or to buy cryptocurrencies.
User Satisfaction