Comparison of Bybit and eToro
| Feature | Bybit | eToro |
|---|---|---|
| Broker | ||
| Year Founded | 2018 | 2006 |
| Broker Type | ECN | MM, Social |
| Dealing | A-book | B-book |
| Execution | Market | Instant |
| Regulation | VARA, FMA, FIU, AFSA | SFSA, FCA, CySEC, ASIC, SEC |
| Platforms | Bybit Web, Bybit App, MetaTrader 5 (MT5), TradingView | eToro |
| Spread | ⬊ Low | ⬈ High |
| Maximum Leverage | 1:500 | 1:30 |
| Minimum Deposit | $1 | $200 |
| Base Currencies | USD, USDT, USDC, BTC, ETH | USD |
| Funding Methods | Credit/Debit Card, Bank Transfer, Apple Pay, Google Pay, Advcash, Banxa, Mercuryo, MoonPay, Cryptocurrencies (BTC, ETH, USDT, USDC) | Bank Wire, Credit Card, Debit Card, PayPal, Skrill, Neteller, Klarna, Rapid Transfer, Trustly |
| Inactivity Fee | ✖ | $10 per month after 12 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | Variable (network fee, e.g. 0.0005 BTC) | $5 |
| Investor Protection | - | Investor Compensation Fund (ICF) |
| Protection Size | - | €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✔ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✖ |
| EAs/Robots | ✔ | ✖ |
| Depth of Market (DOM) | ✔ | ✖ |
| Tradable Assets (CFDs) | Cryptocurrencies, Perpetual Futures, Options, Commodities, Indices, Currencies, Stocks | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | Bybit Review | eToro Review |
About Bybit
Bybit is a leading crypto derivatives exchange founded in 2018. Serving traders in 160+ countries, it offers spot, perpetual futures, options and copy trading with leverage up to 1:500 and deep liquidity safeguarded by an insurance fund and auto-deleveraging. Headquartered in Dubai, Bybit provides a unified trading account, zero minimum deposit, negative-balance protection and a tiered VIP rebate program.
Pros
- Zero minimum deposit and low trading fees
- Unified trading account
- 400+ crypto assets plus gold and index futures
- Copy-trading marketplace and VIP rebates
- Dubai VARA regulation and segregated client funds
Cons
- Unavailable in US, UK, Canada, France and several sanctioned states
- No EU/UK investor-compensation scheme
About eToro
eToro is a globally renowned social trading platform, offering a unique approach to forex and CFD trading through its innovative copy trading feature. Established in 2007 and regulated by multiple top-tier authorities, including the FCA, CySEC, and ASIC, eToro has become a popular choice for traders of all experience levels. The platform allows users to follow and copy successful traders, making it particularly appealing to beginners seeking to learn and profit from experienced professionals. Beyond social trading, eToro offers a diverse range of instruments, including forex, stocks, ETFs, commodities, and cryptocurrencies, making it a versatile platform for portfolio diversification. Its proprietary platform is user-friendly and comes with robust analytical tools, catering to both novice and seasoned traders. However, while eToro's zero-commission stock trading is a standout feature, its relatively high spreads and inactivity fees may deter cost-conscious traders.
Pros
- Unique copy trading feature for following successful traders
- Regulated by multiple top-tier authorities (FCA, CySEC, ASIC, etc.)
- Offers a wide range of instruments, including cryptocurrencies and stocks
- User-friendly proprietary platform with robust analytical tools
- Zero-commission stock trading for non-leveraged positions
- Integrated social features for sharing insights and strategies
Cons
- Relatively high spreads compared to other brokers
- Inactivity fees applied after 12 months of non-use
- Limited options for advanced trading platforms like MT4 or MT5
- Withdrawal fees for certain transactions
- Customer support may have delayed response times during peak periods
Bybit & eToro Regulation
| Feature | Bybit | eToro |
|---|---|---|
Companies | Bybit Fintech Ltd, UAB Onlychain Fintech Limited, Bybit Technology Limited, Bybit EU GmbH | eToro (Seychelles) Limited, eToro (UK) Ltd, Etoro (Europe) Ltd, eToro AUS Capital Limited, eToro USA Securities Inc. |
Countries | United Arab Emirates, Seychelles, British Virgin Islands, Austria | Seychelles, United Kingdom, Cyprus, Australia, United States |
Regulators | VARA, FMA, FIU, AFSA | SFSA, FCA, CySEC, ASIC, SEC |
Investor Protection | - | Investor Compensation Fund (ICF) |
Investor Protection Size | - | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Bybit | eToro |
|---|---|---|
Market Maker Account | ||
| Account Name | — | eToro |
| Min Deposit | — | $200 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Instant |
| Min Spread | — | 1 |
| Fee | — | No |
| Max Leverage | — | 1:30 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
ECN Account | ||
| Account Name | TradFi | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.1 | — |
| Fee | $6 per 1 lot | — |
| Max Leverage | 1:500 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
Crypto Account | ||
| Account Name | Crypto Futures | — |
| Min Deposit | $1 | — |
| Lot Size | 1 USDT | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.0 | — |
| Fee | 0.036% maker / 0.10% taker per 1 lot | — |
| Max Leverage | 1:125 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | Bybit | eToro |
|---|---|---|
Base currencies | USD, USDT, USDC, BTC, ETH | USD |
Deposit and withdrawal methods | Credit/Debit Card, Bank Transfer, Apple Pay, Google Pay, Advcash, Banxa, Mercuryo, MoonPay, Cryptocurrencies (BTC, ETH, USDT, USDC) | Bank Wire, Credit Card, Debit Card, PayPal, Skrill, Neteller, Klarna, Rapid Transfer, Trustly |
Inactivity fee | $10 per month after 12 months | |
Interest on margin | ||
Withdrawal fee | Variable (network fee, e.g. 0.0005 BTC) | $5 |
Trading Platforms and Conditions
| Feature | Bybit | eToro |
|---|---|---|
Trading Platforms | Bybit Web, Bybit App, MetaTrader 5 (MT5), TradingView | eToro |
Execution Speed | - | 0 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | high |
Trading Assets
| Asset | Bybit | eToro |
|---|---|---|
Currencies | 61 | 47 |
Indices | 22 | 13 |
Stocks | 79 | 2500 |
Cryptocurrencies | 400 | 112 |
Bonds | 0 | 0 |
Metals | 2 | 7 |
Energies | 3 | 2 |
Soft Commodities | 0 | 4 |
ETFs | 0 | 250 |
Education and Analytics
| Feature | Bybit | eToro |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Bybit | eToro |
|---|---|---|
Email | support@bybit.com | customerservice@etoro.com |
Phone | — | +1800778439 |
Telegram | Telegram | — |
Facebook | — | |
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter | ||
TikTok | TikTok | — |
Reddit | — | |
Discord | Discord | — |
Which Broker is Better?
After comparing Bybit and eToro, Bybit comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.