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Updated September 29, 2026 · HodlCue Editorial Team

eToro vs Kraken

eToro scores 9.6 and Kraken 9.4 out of 10. Compare their differences and shared features below.
eToro

eToro

Higher score in this comparison

9.6/10
Visit
Kraken

Kraken

9.4/10
Visit

What sets them apart

eToro vs Kraken
CompareeToroeToroReviewVisitVisitKrakenKrakenReviewVisitVisit
Free ATM withdrawals€2,500 to €12,000Higher€0
Cashback rate4%Higher0.5% to 2%
Card networkVisaMastercard
Currencies4600Higher
CustodyNot confirmedSelf custody

Same on both: Monthly fee (€0), Currency conversion fee (0%), Card type (Debit).

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Key differences

  • eToro scores higher overall: 9.6 vs 9.4.
  • eToro is licensed in 1 more country.
  • Free ATM withdrawals is higher at eToro: €2,500 to €12,000 vs €0.
  • Cashback rate is higher at eToro: 4% vs 0.5% to 2%.
  • Currencies is higher at Kraken: 600 vs 4.
  • Features: only Kraken offers Virtual card.

Our verdict on each

eToro

eToro suits travellers and crypto spenders who want a Visa debit card for everyday spending alongside investing. Monthly fee is €0 with currency conversion at 0% and ATM allowance of €2,500 to €12,000 plus cashback at 4% and support through help centre, chat and phone.

Read the full eToro review

Kraken

Kraken suits frequent crypto users who keep trading balances on exchange and want those balances spendable through a card without added card upkeep. It pairs a debit card on Mastercard with a monthly fee of €0 and conversion fees of 0%, which keeps routine spend predictable for cardholders.

Read the full Kraken review

Score breakdown

eToro vs Kraken
AreaeToroKraken
Cost9.3Withdrawal fee is $5 alongside card spending costs.9.3Monthly charge of €0 with conversion fees of 0% keeps routine card costs contained.
Offer9.5HigherAccess to 150 crypto assets for trading and card funding.9.0Card access to 728 with staking on ATOM, SCRT and KSM widens use beyond payments.
Trust9.9HigherOversight from Cyprus Securities and Exchange Commission (CySEC), Financial Conduct Authority (FCA) and Australian Securities and Investments Commission (ASIC) across regions.9.7Supervision linked to Central Bank of Ireland, Financial Conduct Authority and Financial Crimes Enforcement Network supports confidence in handling.

Which one suits you

Pick eToro if offer, free atm withdrawals, and cashback rate matter most.

Pick Kraken if currencies matter most.

Where each is licensed and available

eToro vs Kraken
CountryeToroKraken
CyprusNot confirmed
IrelandNot confirmed
Central Bank of Ireland (CBI) MiCA CASP 9845003D98SCC2851458
IE_CBI PSD_EMI IE_CBI!C453020
United States
SIPC SIPC member 70212
Not confirmed

Sources behind this comparison

eToro

  • etoro.com: 8 facts, checked September 28, 2026

Kraken

  • support.kraken.com: 6 facts, checked September 28, 2026
  • kraken.com: 2 facts, checked September 28, 2026
  • krak.app: 1 fact, checked September 29, 2026

How they place

eToro vs Kraken
RankingeToroKraken
Crypto exchanges1 of 2979 of 297
Crypto futures exchanges3 of 786 of 78
Where to buy crypto1 of 1775 of 177

Every fact side by side

eToro vs Kraken
FacteToroKraken
FeaturesMulti currency, Crypto, TravelMulti currency, Crypto, Virtual card, TravelCovers more

Crypto exchanges

eToro vs Kraken
FacteToroKraken
Taker fee1%0.05% to 0.8%Lower
Coins listed150728Higher
RegulatorsCyprus Securities and Exchange Commission (CySEC), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)Central Bank of Ireland, Financial Conduct Authority, Financial Crimes Enforcement Network, Central Bank of Ireland (CBI)
Fiat deposit methodsCard, BankCard, Bank, SEPA, ACH, Apple payCovers more
Maker fee1%0% to 0.4%Lower
Proof of reservesNot confirmedYes
Withdrawal fee$5Not confirmed
DerivativesYesYes
Exchange typeCexCex

Crypto wallets

eToro vs Kraken
FacteToroKraken
Wallet typeNot confirmedMobile
PriceNot confirmed$0
Coins supportedNot confirmed728
Backup optionsNot confirmedSeed

Where each stands against the rest

eToro vs Kraken
FacteToroKrakenMedian
Monthly fee€0at the median€0at the median€0
Currency conversion fee0%below the median0%below the median0.25%
Free ATM withdrawals€2,500 to €12,000highest quarter€0below the median€200
Cashback rate4%above the median0.5% to 2%at the median2%
Currencies4below the median600highest quarter30

Median across 58 listed providers.

Pros and cons

eToro

Pros

  • Card upkeep with monthly fee at €0 and Visa acceptance for everyday spending.
  • Currency conversion at 0% with balances across 4 for travel use.
  • Cashback at 4% on debit spending with functions covering multi currency, crypto and travel.

Cons

  • Trading taker fee is 1%, above the site median of 0.25% for frequent traders.
  • Broker withdrawals carry a charge of $5, which adds cost for moving funds off the platform.

Kraken

Pros

  • Monthly fee of €0 keeps ongoing card costs low for regular spenders
  • Conversion fees of 0% favour cross border card use versus Bit2Me at 0.95%
  • Cashback of 0.5% to 2% adds value on eligible card spending

Cons

  • Free ATM allowance of €0 restricts cash withdrawals for frequent ATM users
  • Support runs on chat and help centre only, which limits choice for people who prefer phone help
  • Cashback of 0.5% to 2% varies by activity, so returns depend on card use

Who each suits

eToro

Who it suits

  • Travellers choosing eToro over bunq for conversion at 0% rather than 0.5% to 3%.
  • Cash users choosing eToro over Kraken for ATM allowance of €2,500 to €12,000 rather than €0.

Who should look elsewhere

  • Traders focused on low dealing costs rather than card perks, who may prefer Kraken given eToro taker fee of 1%.
  • Euro spenders wanting a different card fee mix, who may prefer Bit2Me given its conversion at 0.95%.

Kraken

Who it suits

  • Exchange holders who want trading balances spendable by card rather than moved off venue
  • Card payers who value low upkeep and who accept eToro instead where ATM needs dominate

Who should look elsewhere

  • Cash heavy users who may prefer eToro for its free ATM range of €2,500 to €12,000 over €0
  • Phone support seekers who may prefer bunq if assisted channels matter more than chat and help centre

Questions about each

eToro

Does the eToro card charge a monthly fee?+

The card account lists a monthly fee of €0, so there is no fixed upkeep for holding the card. Day to day spending, travel use and multi currency balances sit under that structure, while brokerage trading and withdrawals follow separate charges.

What is the currency conversion fee for card use?+

Card currency conversion is listed at 0%, which keeps cross border purchases and travel spending clear of added conversion charges. Balances across 4 help manage spending abroad, while brokerage activity remains subject to its own trading terms.

Kraken

What does the Kraken card cost to keep and use?+

The card carries a monthly fee of €0 and conversion fees of 0%. Cashback of 0.5% to 2% applies to eligible spend. Exchange trading uses maker fees of 0% to 0.4% and taker fees of 0.05% to 0.8%, so card costs stay distinct from trading costs.

Who regulates Kraken for this product?+

Kraken lists oversight connected to Central Bank of Ireland, Financial Conduct Authority and Financial Crimes Enforcement Network and holds registrations including MiCA CASP 9845003D98SCC2851458. The legal entity named is Payward Europe Solutions Limited. These permissions relate to crypto and payment services and vary by product and domicile.

Other options to compare

eToro

Visit

Kraken

Visit