CoinJar vs eToro
CoinJar is a pure-play crypto exchange built for Australians who want straightforward, low-cost digital asset trading. eToro is a multi-asset platform that layers crypto alongside US and ASX shares, ETFs, and CFDs — but it holds everything in a custodian model, not under your own HIN. The biggest practical difference: CoinJar keeps it simple and crypto-only, while eToro lets you trade stocks and crypto in one place, albeit without CHESS sponsorship.
- ›You want a dedicated, AUSTRAC-registered crypto exchange with zero monthly, inactivity, or withdrawal fees
- ›You prefer to keep your crypto trading separate from shares and don't need access to ASX or US equities
- ›You want fast, free AUD withdrawals via PayID that typically arrive within minutes
- ›You value Sharesight or Navexa integration for portfolio tracking and tax reporting
- ›You want a platform that has been operating in Australia since 2013 with a crypto-only focus
- ›You want to trade crypto alongside ASX and US shares, ETFs, and CFDs — all from a single login
- ›You want zero-commission ASX and US share trading (non-leveraged) with fractional shares available on both markets
- ›You need stop-loss and conditional order types for managing risk on your positions
- ›You want a demo account to practice trading strategies before committing real money
- ›You prefer a publicly listed company (NASDAQ: ETOR) with a broader global market offering across 15+ countries
Where they differ
| Fact | CoinJar | eToro |
|---|---|---|
| CHESS sponsorship | Not applicable (crypto only) | Custodian model — shares held by eToro's custodian, not in your name |
| Inactivity fee | $0 | $10 AUD |
| CGT calculator / report | Not offered | Built-in CGT calculator |
| Withdrawal time | Minutes via PayID; 1-3 days standard | 2-10 business days end-to-end |
| Demo account | Not available | Available |
Pick CoinJar for pure, low-fee crypto trading in Australia; pick eToro if you want crypto plus shares in one place.
Common questions
How do CoinJar and eToro compare on chess sponsorship?
CoinJar: Not applicable (crypto only). eToro: Custodian model — shares held by eToro's custodian, not in your name.
How do CoinJar and eToro compare on inactivity fee?
CoinJar: $0. eToro: $10 AUD.
How do CoinJar and eToro compare on cgt calculator / report?
CoinJar: Not offered. eToro: Built-in CGT calculator.
When is CoinJar the better choice over eToro?
Pick CoinJar if you want a dedicated, AUSTRAC-registered crypto exchange with zero monthly, inactivity, or withdrawal fees; you prefer to keep your crypto trading separate from shares and don't need access to ASX or US equities; you want fast, free AUD withdrawals via PayID that typically arrive within minutes; or you value Sharesight or Navexa integration for portfolio tracking and tax reporting.
When is eToro the better choice over CoinJar?
Pick eToro if you want to trade crypto alongside ASX and US shares, ETFs, and CFDs — all from a single login; you want zero-commission ASX and US share trading (non-leveraged) with fractional shares available on both markets; you need stop-loss and conditional order types for managing risk on your positions; or you want a demo account to practice trading strategies before committing real money.
CoinJar or eToro — what's the verdict?
Pick CoinJar for pure, low-fee crypto trading in Australia; pick eToro if you want crypto plus shares in one place.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | CoinJar | eToro |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | — | custodian |
| Individual HIN | — | No |
| Individual account | Yes | Yes |
| Joint account | No | No |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| Kids / minor account | No | No |
| asset coverage | ||
| ASX shares supported | No | Yes |
| ASX ETFs supported | No | Yes |
| US shares supported | No | Yes |
| US ETFs supported | No | Yes |
| Other markets supported | United States, United Kingdom, Germany, France, Hong Kong, Italy, Spain, Netherlands, Sweden, Belgium, Denmark, Norway, Finland, Switzerland, Portugal | |
| Fractional shares (ASX) | No | Yes |
| Fractional shares (US) | No | Yes |
| Options trading | No | No |
| CFDs supported | No | Yes |
| Crypto trading | Yes | Yes |
| Managed funds | No | No |
| Bonds supported | No | No |
| IPO access | No | No |
| costs hidden | ||
| FX spread (AUD/USD) | — | 0.75% |
| Holds USD account | — | Yes |
| FX currency switch trick | — | No |
| Market data fees | — | $0/month |
| Conditional order fees | $0 | $0 |
| Corporate action fees | — | eToro passes through cash dividends from non-leveraged real positions (debit/credit to wallet). It does not facilitate participation in rights issues, share purchase plans (SPPs), DRPs or shareholder votes because shares are held in a managed investment scheme by the custodian, not in the user's name. No explicit fee, but corporate action access is materially restricted. |
| costs visible | ||
| ASX brokerage minimum | — | $0 |
| ASX brokerage percentage | 1% | 0% |
| ASX free trade conditions | — | Zero commission applies to all non-leveraged (real) ASX share and ETF purchases. Leveraged / short positions are executed as CFDs and incur 0.15% open/close spread plus overnight financing. |
| US brokerage minimum | — | US$0 |
| US brokerage percentage | — | 0% |
| Monthly platform fee | $0/month | $0/month |
| Annual platform fee | $0/year | $0/year |
| Inactivity fee | $0 | $10 |
| Withdrawal fee (AUD) | $0 | $0 |
| identity and trust | ||
| Legal entity name | CoinJar Australia Pty Ltd | eToro AUS Capital Limited |
| AFSL number | — | 491,139 |
| AUSTRAC registration | Yes | Yes |
| Year founded | 2,013 | 2,017 |
| Parent / ownership | Privately held; backed by Blackbird Ventures, Digital Currency Group (DCG), Boost VC, Possible Ventures (founders Asher Tan and Ryan Zhou retain operational control) | eToro Group Ltd (NASDAQ: ETOR) — listed 14 May 2025; originally founded in Israel by Yoni and Ronen Assia. eToro AUS Capital Limited is a wholly-owned Australian subsidiary. |
| Country of incorporation | Australia | Australia |
| Public company status | private | public |
| money movement | ||
| Minimum initial deposit | — | $50 |
| Minimum subsequent purchase | — | $50 |
| Deposit methods | PayID, Osko / NPP bank transfer, Standard bank transfer (direct credit), Debit / Credit Card (Visa, Mastercard), Apple Pay, Google Pay, PayPal | Bank transfer, Debit card, Credit card, PayPal, Skrill, Neteller, POLi, Online banking |
| Settlement period | — | T+2 ASX, T+1 US (settlement managed by the eToro Service custodian; user funds reflect immediately in eToro wallet) |
| Withdrawal time | PayID withdrawals to participating banks typically arrive within minutes; standard bank transfers (non-PayID) take 1-3 business days. Withdrawals submitted before the daily cut-off process same day, otherwise next business day. | 1-2 business days for eToro processing; total 2-10 business days end-to-end depending on payment method (bank transfer longer than card) |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | No | No |
| Demo account | No | Yes |
| Free real-time market data | Yes | Yes |
| Free research reports | No | No |
| 2FA support | authenticator_app | SMS + authenticator app |
| Customer support channels | email, help desk ticket / support portal | Live chat (Club members only), Email / web ticket, Help centre |
| Support hours (AU time) | Mon-Fri, 9am-3am AET (extended hours covering AU and UK trading days) | — |
| Education content | structured_articles | video + courses |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| Distribution component breakdown | No | — |
| CGT calculator / report | No | Yes |
| Sharesight / Navexa integration | Yes | No |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | No | Yes |
| Conditional orders | No | Yes |
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | multiple | multiple |
| DRP (dividend reinvestment) | — | No |
| After-hours / overnight trading | Yes | No |