CoinSpot vs eToro
CoinSpot and eToro both let you buy crypto in Australia, but they're built for different jobs. CoinSpot is a pure crypto exchange with a massive coin selection and dirt-cheap deposits starting at $1. eToro is a multi-asset platform that layers crypto alongside ASX shares, US stocks and ETFs under one roof — but you're trading on a custodian model, not CHESS-sponsored.
- ›You want the widest range of crypto coins available on an Australian exchange
- ›You want to deposit as little as $1 to get started
- ›You prefer CHESS-like direct ownership — CoinSpot holds crypto in your name, not a pooled custodian structure
- ›You want zero account fees, zero inactivity fees and zero withdrawal fees
- ›You need 24/7 live chat support rather than limited chat hours
- ›You want to trade crypto, ASX shares, US stocks and ETFs all from one login
- ›You want zero-commission ASX and US share trading (non-leveraged)
- ›You want access to 15 international markets including UK, Europe and Hong Kong
- ›You'd use a demo account to practise crypto and CFD trading before committing real money
- ›You want fractional shares on ASX and US stocks alongside your crypto holdings
Where they differ
| Fact | CoinSpot | eToro |
|---|---|---|
| Minimum deposit | $1 | $50 |
| Inactivity fee | $0 | $10 AUD after a period of inactivity |
| Share & ETF trading | Not supported — crypto only | ASX and US shares/ETFs supported with zero commission |
| CHESS sponsorship | Not applicable (crypto) | Custodian model — shares held in eToro's name, not your HIN |
| Demo account | Not available | Available with virtual funds |
Pick CoinSpot for pure, low-cost crypto trading; pick eToro if you want crypto plus shares and ETFs in one place.
Common questions
How do CoinSpot and eToro compare on minimum deposit?
CoinSpot: $1. eToro: $50. CoinSpot is far more accessible for small first deposits.
How do CoinSpot and eToro compare on inactivity fee?
CoinSpot: $0. eToro: $10 AUD after a period of inactivity. eToro charges a fee if you stop trading; CoinSpot doesn't.
How do CoinSpot and eToro compare on share & etf trading?
CoinSpot: Not supported — crypto only. eToro: ASX and US shares/ETFs supported with zero commission. eToro is a multi-asset platform; CoinSpot is crypto-only.
When is CoinSpot the better choice over eToro?
Pick CoinSpot if you want the widest range of crypto coins available on an Australian exchange; you want to deposit as little as $1 to get started; you prefer CHESS-like direct ownership — CoinSpot holds crypto in your name, not a pooled custodian structure; or you want zero account fees, zero inactivity fees and zero withdrawal fees.
When is eToro the better choice over CoinSpot?
Pick eToro if you want to trade crypto, ASX shares, US stocks and ETFs all from one login; you want zero-commission ASX and US share trading (non-leveraged); you want access to 15 international markets including UK, Europe and Hong Kong; or you'd use a demo account to practise crypto and CFD trading before committing real money.
CoinSpot or eToro — what's the verdict?
Pick CoinSpot for pure, low-cost crypto trading; pick eToro if you want crypto plus shares and ETFs in one place.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | CoinSpot | 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 | Casey Block Services Pty Ltd | eToro AUS Capital Limited |
| AFSL number | 547,881 | 491,139 |
| AUSTRAC registration | Yes | Yes |
| Year founded | 2,013 | 2,017 |
| Parent / ownership | Casey Block Services Pty Ltd (privately owned; founder Russell Wilson holds ~77% stake) | 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 | $1 | $50 |
| Minimum subsequent purchase | $1 | $50 |
| Deposit methods | PayID, OSKO direct deposit, BPAY, POLi, Debit/Credit Card, PayPal, PayTo, Cash (Blueshyft) | 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 | Same-day for AUD bank withdrawals submitted before 2pm AEDT on weekdays; otherwise next business day. First withdrawal may take up to 1 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 | live chat, email, help desk ticket, callback request | Live chat (Club members only), Email / web ticket, Help centre |
| Support hours (AU time) | 24/7 live chat; email/ticket responses generally within operational hours (approx 7am-midnight AEDT weekdays, 8am-noon AEDT weekends) | — |
| 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 | Yes | Yes |
| Conditional orders | Yes | Yes |
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | multiple | multiple |
| DRP (dividend reinvestment) | — | No |
| After-hours / overnight trading | Yes | No |