eToro vs Xeggex: Fees, Security, Features & Which to Choose (2025)

Trying to choose between eToro and Xeggex This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 16, 2025

eToro

Xeggex

⚠️ We look for what’s best for you.

₿ Getting into crypto? With eToro you can start in minutes: buy/sell top coins, set recurring buys, track markets, and use Social/CopyTrader features.

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Available Countries

United States

Yes

Europe

Yes

Latin America

Yes

India

Yes

China

Canada

United Kingdom

Yes

United States

Europe

Latin America

India

China

Canada

United Kingdom

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🎯 An account built to help you start with crypto—without the hassle.

➕ Buy and sell top cryptocurrencies in minutes

➕ Recurring buys, price alerts, and advanced charts

➕ Social/CopyTrader™ to follow experienced investors

➕ One of the largest and most trusted platforms worldwide

Limited-time promotion — still available.

*Offer subject to terms, eligibility and regional availability. Don’t invest unless you’re prepared to lose all the money you invest.

eToro is ideal if:

All-in-one, intuitive platform You can trade multiple asset types and tap into a global trading community, all from a single, streamlined interface.
Social investing with guided learning You can mirror real investors through CopyTrader and learn via interactive education—perfect if you prefer peer-driven discovery.
Begin with confidence using demo tools Access a generous virtual demo account from day one, letting you practice with zero risk before investing real money.

Xeggex is ideal if:

Great if you're seeking simplicity: XeggeX offers an exceptionally intuitive interface that lowers the learning curve and makes navigating crypto markets approachable.
Ideal for exploring altcoins and niche tokens: The exchange lists a wide variety of low- to mid-cap cryptocurrencies and includes peer-to-peer and liquidity pool features—perfect for diversifying beyond mainstream assets.
A cautious choice due to its recent shutdown: Following a serious security breach and bankruptcy announcement earlier this year, relying on XeggeX now carries elevated risk—relying on self-custody methods is recommended.

eToro isn’t ideal if:

Serious day traders might feel constrained platform performance may lag, and its simplicity could limit sophisticated short-term strategies (like scalping).
Advanced traders may find tools lacking there's no support for third-party platforms like MetaTrader or advanced order types ideal for expert users.
U.S. crypto enthusiasts face restrictions regulatory constraints limit available tokens and access compared to many global markets.

Xeggex isn’t ideal if:

Significant unresolved security failures undermined the platform’s reliability, ultimately leading to its collapse and bankruptcy—exposing systemic vulnerabilities.
Trust deeply eroded by withdrawal disruptions, user complaints of missing assets, and reports of blocked accounts—indicating serious operational breakdowns.
Unregulated and lacking transparency, making it ill-suited as a safe, long-term choice—especially when more stable and regulated alternatives exist.

Fees & Total Costs

Spot Maker/Take

eToro doesn’t follow the traditional maker/taker pricing model; instead, all spot crypto trades are subject to a flat buy/sell fee, which simplifies the pricing structure without requiring volume-based tiers or native token discounts.

Spot trading fees start at around 0.2%, with tiered reductions based on trading volume and holdings of the native XPE token, which can unlock notable discounts.

Futures/Derivatives

eToro offers derivative trading through CFDs, without separate maker/taker charges—instead, costs arise from built-in spreads and overnight funding or weekend rollover fees on leveraged positions.

XeggeX currently does not offer futures or derivatives markets, so there are no associated maker/taker or funding fees to consider.

Average Spreads on Liquid Pairs

While eToro doesn’t list minute-by-minute spread values by pair publicly, it applies market spreads plus its flat fee, leading to competitive but not razor-thin spreads on top crypto pairs.

As a smaller exchange, XeggeX can exhibit wider spreads on major pairs due to limited liquidity, meaning the difference between buy and sell prices may be noticeably larger than on larger platforms.

Fiat Deposits & Withdrawals

Deposits into eToro are free via common methods (cards, bank transfers, e-wallets) with varying processing times; fiat withdrawals carry a standard flat fee (e.g., USD) and may be instantaneous or take a few business days depending on method and region.

XeggeX does not support fiat transactions—there are no deposit or withdrawal methods, meaning all activity is limited to crypto-to-crypto trades.

On-chain Withdrawals

For transferring crypto on-chain, eToro applies a wallet transfer commission—independent of the blockchain network—while the underlying blockchain network fee (e.g., BTC, ETH) is dynamic and paid separately.

Withdrawal fees are generally very low and vary by network, with exceptions such as Ethereum sometimes reaching up to about $0.30 due to network congestion, while other chains may charge negligible or minimal fixed network fees.

Hidden Costs

Beyond trading, costs can include currency conversion charges when operating non-base currencies, a monthly inactivity fee for dormant accounts, and any optional accelerated verification services, though those tend to be avoidable with minimal activity.

Potential hidden costs include crypto conversion spreads, optional KYC express upgrades, or inactivity charges—all of which may apply even though basic use of the platform remains focused on crypto-to-crypto trading.

Real-World Cost Example: “€500 BTC

Buying €500 worth of BTC would typically involve the flat crypto buy/sell fee folded into the transaction price plus any spread effect, and if you later withdrew funds in crypto, you’d face the wallet transfer charge plus the dynamic network fee—altogether representing a single, compounded cost experience.

If you were to purchase €500 worth of BTC (via a supported stablecoin like USDT), you’d incur the base trading fee (around 0.2%), a likely wider spread on a low-liquidity pair, and a modest withdrawal cost depending on the network you choose to send BTC—altogether yielding noticeably higher effective cost than more liquid, fiat-friendly platforms.

Crypto Offering & Trading Features

Number of Coins & Pairs

eToro offers over 120 cryptocurrencies across its global platform, and although a ranked top-20 list isn’t publicly detailed, it typically includes the most liquid names like BTC, ETH, SOL, ADA, DOT, and a handful of high-volume altcoins.

XeggeX supports a substantial range of over 550 cryptocurrencies across around 930 market pairs, giving users exposure to both mainstream and niche digital assets in a single platform.

Product Range

eToro supports spot crypto trading, CopyTrader social investing, and Smart Portfolios, along with crypto staking; it offers ETFs, stocks, options, and CFDs in regions where enabled, but does not provide margin, futures, perpetuals, loans, grid bots, or automated DCA tools.

The exchange focuses on spot trading and liquidity pools, with no standard margin, perpetual futures, options, crypto ETFs, staking, loans, copy-trading, grid bots, or automatic DCA—making it a simpler, crypto-to-crypto environment.

Liquidity

Specific liquidity metrics aren’t displayed publicly, but eToro’s scale and regulated status suggest solid 24-hour crypto volumes and sufficient order-book depth in major pairs like BTC and ETH, offering dependable execution for most retail traders.

24 h volume and order-book depth (BTC/ETH)

Tools

The platform features standard order types such as market and limit, plus alerts and built-in charting with indicators; while it lacks native TradingView integration and public API access, it offers intuitive chart tools suitable for mainstream users.

Users have access to basic order types such as market, limit, and trigger (stop) orders; however, advanced tools like alerts, comprehensive charting, native TradingView integrations, or robust APIs and WebSocket feeds are not currently supported.

Geographic Restrictions by Product

Offering varies significantly by user location—derivatives like CFDs and options may be unavailable or limited depending on local regulations, while staking and certain crypto products may also be restricted in regions like the UK or UAE.

While the exchange offers its core services broadly, certain features like derivatives or advanced products aren’t available in key markets, such as the United States, limiting access to some functionality based on location.

Innovation

Although eToro does not currently support launchpad or launchpool-style token offerings, it provides flexible, opt-in staking rewards on assets like ETH, ADA, SOL, DOT, and others, allowing users to participate or withdraw at their discretion.

XeggeX stands out with its liquidity pool offerings, enabling users to contribute funds and earn rewards, but it lacks common innovative features like launchpads, launchpools, or multiple flexible vs. locked yield-earning models.

Security, Regulation & Custody

Operating Entity & Jurisdiction

eToro Group Ltd was founded in 2007 and is headquartered in Tel Aviv, Israel. Its European arm, eToro (Europe) Ltd, is based in Limassol, Cyprus, operating under CySEC, and it also maintains legal entities across the UK, UAE, Australia, Malta, and Seychelles, reflecting a broad and multi-jurisdictional operational structure.

XeggeX was established in 2021 by crypto enthusiasts, with some sources indicating Germany as its base, though this remains somewhat ambiguous—its rapid niche focus and limited transparency make its legal structure and headquarters unclear.

Licenses/Registration

eToro (Europe) Ltd holds a CySEC license and is registered as a Digital Asset Service Provider in France (AMF), in Spain via Bank of Spain as a VASP, and operates under the EU-wide MiCA framework, enabling compliant crypto services across the European Union.

The platform operated without formal regulatory oversight—no VASP registration, MiCA compliance, or similar licensing was disclosed—positioning it squarely in the unregulated camp.

Custody

Customer crypto assets are held in omnibus digital wallets in custody by eToro (Europe) Ltd, with private keys retained by the platform—not the user—and segregated from corporate reserves; although eToro doesn’t publicly publish proof-of-reserves or cold-storage percentages, this structure aims to reduce client-side risks.

XeggeX utilized a central custodial model with a combination of hot and cold storage, but offered no public proof of reserves, independent audits, or details on the proportion held in cold storage, limiting transparency and user assurance.

Insurance & Protection Funds

For higher-tier members like Platinum and above, eToro offers private insurance via Lloyd’s of London covering cash, CFDs, and securities in case of insolvency; additionally, clients may access compensation from relevant investor compensation schemes governed by their regulatory body.

There was no publicly available information about any insurance scheme or specific protection funds set aside to safeguard user deposits in case of loss or breach.

Incident History

eToro has no major recent hacks, but it faced a €1.3 million fine in Italy for misleading promotion practices and settled with the U.S. SEC in 2024 for operating as an unregistered broker; it also has a history of regulatory actions including fines and blacklisting in Quebec and Canada.

In February 2025, hackers compromised the CEO’s Telegram account and infiltrated the exchange’s core systems, leading to frozen withdrawals and user balances showing zero—culminating in a bankruptcy declaration by late June.

Risk Controls

eToro provides standard security measures such as 2FA and anti-phishing mechanisms; however, it doesn’t offer features like sub-accounts, granular API permissions, or whitelisting yet—keeping risk controls accessible but basic. (No citation available.)

While the exchange promoted two-factor authentication and encryption, more advanced controls like withdrawal whitelists, anti-phishing systems, segregated sub-accounts, or fine-grained API permissions were either minimal or undocumented.

Transparency

While eToro does not disclose public wallet addresses or monthly reserves reports, it supports transparency through Key Information Documents (KIDs) and SEC filings, but it doesn’t offer service-level agreements or public audit trails tied specifically to crypto custody.

XeggeX did not maintain any visible transparency mechanisms—no monthly audit reports, no publicly visible wallet addresses, and no formal service-level agreements; communication slowed notably as the bankruptcy process unfolded.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

eToro accepts a variety of funding methods, including bank transfers, debit/credit cards, and e-wallets like PayPal or Skrill, with minimum first deposits ranging from about $50 to several thousand depending on your country and method, daily or transaction limits often apply, and deposit times vary from immediate (cards and e-wallets) to a few business days (bank transfers).

XeggeX does not support fiat deposits; only cryptocurrency deposits via multiple blockchain networks are possible, with no stated minimum or maximum, and the process typically completes in just a few minutes.

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

On opening, unverified accounts are subject to lower deposit limits (e.g., around $2,000); full identity verification lifts those constraints—though eToro doesn’t generally publish tier names like “basic” or “advanced,” completing KYC empowers higher funding and withdrawal options.

KYC isn’t mandatory for crypto-only trading, but users without KYC face a daily withdrawal cap of around $5,000—verification lifts this limit significantly, unlocking higher withdrawal thresholds for larger-volume users.

Withdrawals

Limits, Times, Networks

Withdrawals are processed swiftly—often within minutes—and support several network types (e.g., ERC-20, BEP-20), although exact limits vary; verified users generally enjoy higher or unlimited withdrawal capacity.

Customer Support

eToro offers help via email and a comprehensive online help center with articles, though live chat availability can vary by region; response times generally range from a few hours to a couple of business days depending on complexity and support volume.

Support is handled via a ticketing system with claimed 24/7 availability and typical response within 12 hours; email and platform tickets are primary channels, while response speed and resolution quality are reported to be inconsistent.

Languages & Localization

eToro supports multiple language interfaces including Spanish, displays fees and balances in your preferred fiat (like EUR), and aligns its offerings with local regulatory requirements to ensure regional compliance.

The platform’s interface is natively in English, with fee displays in USD; there are no localized versions or specific regulatory frameworks tailored to other regions.

App Quality & Stability

The mobile app is frequently updated, offering a stable experience on iOS and Android; while official crash-rate statistics aren’t shared, user feedback suggests solid performance and consistent feature enhancements over time.

XeggeX offers both web and mobile (iOS beta and Android) access, with a smooth, intuitive interface, but the app’s stability and recent update cadence are unclear and may vary across platforms.

Experience, Performance & Ecosystem

UX/UI

eToro’s interface is clean and intuitive, designed so that beginners can feel comfortable right away; while there isn’t a formal “Lite” vs “Pro” mode, advanced users can dive deeper via more detailed chart tools and layout options that gradually reveal themselves as you get more experienced.

XeggeX offers a clean and modern interface that’s intuitive for newcomers, featuring toggles between basic and full-screen layouts (plus light/dark themes), giving beginners a comfortable entry point and allowing power users to access more comprehensive views with minimal friction.

Performance

Order execution is generally smooth, but during extreme price swings or system maintenance you might notice slight latency; the platform reliability is strong overall, though KYC reviews can occasionally take longer during periods of high account openings—especially in bull market surges.

The platform is engineered for swift order execution under normal conditions, but experienced disruptions and log-in downtime during critical market events—compounded by stretched support and restoration delays tied to operational chaos during the collapse.

Education

eToro provides a comprehensive Academy with video lessons, podcasts, and articles, and a $100,000 virtual portfolio simulator to practice trading; while most content is in English, platform navigation and key resources are also available in Spanish to support Spanish-speaking users.

XeggeX did not provide structured educational resources like academies, paper trading simulators, or Spanish-language tutorials, focusing instead on direct trading utility rather than user training or localized guidance.

Community

There’s a built-in social network where you can comment on trades, follow investors, and invite friends via referral links—though it doesn’t rely on external forums or Telegram for community features, everything is kept within the platform to foster interaction.

While XeggeX initially maintained active presence across Discord and Telegram, these channels were abruptly limited or shut down amid the crisis—though remnants of community efforts, including unofficial Discord support, continue to persist. Referral incentives were present but overshadowed by the broader turmoil.

Integrations

eToro doesn’t support direct TradingView embedding, external bot automation, or built-in tax/accounting tools, so you’ll need to rely on third-party services to analyze charts or manage your portfolio’s tax reporting externally.

Users benefit from a native TradingView integration and access to liquidity-pool bots via the API, but there’s no formal integration with tax tools or accounting platforms—even though third-party developers have built basic automation tools via the REST API.

Who Each One Is Best For

eToro is ideal for traders who value simplicity, social features, and all-in-one access to assets—even if that means fewer professional-grade tools; active day traders or institutional users might find it less fitting due to lack of algorithmic support or deep integration capabilities.

XeggeX’s streamlined interface and breadth of niche token offerings made it suitable for crypto-savvy traders interested in altcoin and meme assets—but its fragile infrastructure and lack of educational support or system stability rendered it inappropriate for risk-averse or learning-focused users.