To find the top fx brokers, the team here at ForexBrokers.com collected over 2,200 data points during a several month review of the forex industry. In this fx broker comparison, we will compare Coinbase vs eToro Crypto.
To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. eToro Crypto received a rating of 3.00 stars over Coinbase's 2.50 stars.
Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. Neither are regulated in a major hub. Coinbase nor eToro Crypto are publicly traded companies. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. Both Coinbase and eToro Crypto provide traders with access to total currency pairs.
To round out our comparison of Coinbase vs eToro Crypto, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. Neither offers Meta Trader. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. Both Coinbase and eToro Crypto provide clients with access to total charting tools. Both brokers offer clients access to the same number of indicators (eg, moving averages), .
eToro Crypto Review