eToroX Review 2024
Minimum
deposit:
  • $10,000

Trading platform:

  • Proprietary platform

eToroX Review 2024

Updated:
Updated: October 06, 2023

2.88

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

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
Minimum
deposit:
  • $10,000

Trading platform:

  • Proprietary platform
Trading features:
  • There are investment programs

Summary of eToroX Crypto Exchange

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 173 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.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

Start Trading with RoboForex
Your capital is at risk.
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

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.

💰 Account currency: USD, cryptocurrencies, eToro stablecoins
🚀 Minimum deposit: from 10,000 USD. There are no limits for cryptocurrencies
⚖️ Leverage: 1:1
💱 Spread: Market
🔧 Instruments: Cryptocurrencies, USD
💹 Margin Call / Stop Out: No

👍 Advantages of trading with eToroX:

  • 50 supported cryptocurrencies;
  • commissions from 0.05% per transaction;
  • support of a large, licensed broker.

👎 Disadvantages of eToroX:

  • 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.

Evaluation of the most influential parameters of eToroX

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

1.55

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

3.01

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

2.79

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

2.95

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

3.31

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

3.53

/10

Geographic Distribution of eToroX Traders

Popularity in

37.9%
CH
Switzerland
6.9%
MA
Morocco
61.2%
Others
Others

User Satisfaction i

16 comments
Total score:
7.3 /10

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feizalakbar
1 week ago

eToroX is a good crypto company. Withdrawals take about 30 minutes. I don’t withdraw often, but the money always comes within the specified time. The support works great — if there are problems, they will definitely help you.

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Vincentephef
27 weeks ago

I've been trading with eToroX for more than 2 months, and everything seems fine. I was generally new to crypto trading, but the broker’s manager helped me, and is still helping me. I’m doing pretty well, I’ve even withdrawn profits.

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Clouddosy
1 year ago

Made 800 bucks in eToroX last month, that's the result for me. But I didn’t just make money, and I was able to withdraw successfully) I want to advise this company to those who want to really trade in the foreign exchange market. I warn you that the broker is not perfect, everything happens, like everyone else. The main thing is honesty!

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BERNISTER
2 years ago

The initial deposit on the platform is really big, but I still decided to try cooperation with this cryptocurrency exchange. As the saying goes, those who do not take risks do not drink champagne. I have been using eToroX for the second year already, and am satisfied. In addition to comfortable trading conditions, I would like to mention the Invite a Friend affiliate program. It is relevant for both the broker and the exchange. They pay $50 for each referral. I easily find several leads a month, since the broker and the exchange are proven, people willingly register here.

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blank_onn007
2 years ago

I agree 100% that the platform for the social platform is great! The service has all the latest news from the world of cryptocurrencies, which allows you to quickly navigate the current situation and make a decision regarding the execution of transactions. And, of course, I must say that copy trading is a handy thing, especially for newbies like me. You can get acquainted with the statistics on transactions and it is easy to find a trader who is profitable to follow. I have been trading on this platform for the second year now, and am not going to go to another exchange.

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tfahmed
2 years ago

IMHO, despite the high entry threshold, eToroX is suitable not only for professional traders but also for beginners. The terminal is functional and with an intuitive interface, and there is a large selection of cryptocurrencies and attractive commissions. There are no complaints about the quality of support either, the company is trying to keep its brand and is actively developing its client base. Conveniently, the platform provides a service for copying transactions. Signals on the exchange are provided by over 135 thousand strategy providers. It is easy to find traders to copy trades, just use the search bar or filters.

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denitriyanto
2 years ago

I read some people are complaining about the customer service of eToroX, but I have had such problems. Despite the absence of a call center and the ability to communicate with technical support specialists only through the feedback form, I do not complain about the speed of receiving answers. The guys try to provide the most extensive and competent advice. The commission policy is loyal for the maker and the taker, which is fixed at 0.05%.

Expert Review of eToroX

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.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of eToroX’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Crypto Exchange

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.

Important!

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.

Trading Conditions for eToroX Users

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.

$10,000

Minimum
deposit

1:1

Leverage

24/5

Support

💻 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
💱 Spread: 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

Broker comparison table of trading instruments

eToroX Bybit OKX XT.com Bitfinex Delta Exchange
Forex No No No No No No
Metalls No No No No No No
Crypto Yes Yes Yes Yes Yes Yes
CFD No No No No No No
Indexes No No No No No No
Stock No No No No No No
ETF No No No No No No
Options No No No No No No

eToroX Commissions & Fees

Information
Analysts at Traders Union have examined the trading conditions of the eToroX exchange to understand what, if any, commissions there are. The crypto exchange provides only one type of trading account, so the commissions are the same for all traders. All eToroX fees are fixed for Maker and Taker. Their size is the same and is 0.05% per trade. There is also a separate commission on the platform for fiat-to-crypto transactions in the company’s e-wallets. In the eToroX wallet, its size is 1%, in the SimpleX wallet it is 4%. In addition, the company charges withdrawal fees.
Account type Spread (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
eToroX $0.05 Low
Bybit $20 High
Bitfinex $0.1 Medium
Logo eToroX
$0.05
$20
$0.1

Contacts

Foundation date 2018
Registration address Units 3.05 & 3.06, Madison Building, MidTown, Queensway, Gibraltar
Official site
Contacts
All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
eToroX Review eToroX Review

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FAQs

Do reviews by traders influence the eToroX rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about eToroX you need to go to the broker's profile.

How to leave a review about eToroX on the Traders Union website?

To leave a review about eToroX, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about eToroX on a non-Traders Union client?

Anyone can leave feedback about eToroX on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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