CEX.IO vs eToro: UK Comparison 2026

6.9/10
Aggregated ScoreVS
7.7/10
Aggregated ScoreComparing CEX.IO and eToro for UK traders in 2026. We break down fees, security, app scores, and user sentiment to help you choose the right exchange.
Our Pick
eToro
eToro edges ahead with a higher aggregated score (7.7 vs 6.9), making it our recommended pick for most UK traders. That said, both are reputable platforms. The right choice depends on your specific needs.
At-a-Glance Comparison
| Metric | CEX.IO | eToro |
|---|---|---|
| Our Score | 6.9 / 10 | 7.7 / 10 |
| Trustpilot Score | 6.0 | 8.4 |
| Reddit Sentiment | 5.5 | 5.5 |
| App Store Score | 9.0 | 8.4 |
| Google Play Score | 8.2 | 8.4 |
| Best For | UK users wanting competitive fees with easy fiat onboarding | Beginners who want to learn by copying experienced traders |
Feature Breakdown
CEX.IO
Highlights
- Competitive Fees: Maker/taker fees from 0.15% maker / 0.25% taker, among the lowest available for UK users.
- Long Track Record: Operating since 2013 with no major security breaches and over a decade of reliability.
- Easy Fiat Onboarding: Supports card payments, bank transfers, and GBP Faster Payments for quick deposits.
- 190+ Digital Assets: Solid selection of cryptocurrencies covering major tokens and popular altcoins.
- UK-Focused: 69% of European user base is from the UK, meaning the platform is optimised for British users.
UK Considerations
- FCA Registered Since March 2026: CEX.IO Markets UK Ltd (FRN 1007192) joined the FCA cryptoasset register in March 2026; before that it served UK users via an FCA-authorised promotions approver.
- Limited Advanced Features: Fewer trading tools than Kraken Pro or OKX for experienced traders.
- Card Deposit Fees: While bank transfers are reasonable, card deposits carry additional fees that increase costs.
- Smaller User Base: Less liquidity than major exchanges like Coinbase or Kraken on some trading pairs.
- App Can Be Glitchy: Some UK users report occasional stability issues with the mobile application.
eToro
Highlights
- CopyTrader: Automatically copy the trades of top-performing investors with one click.
- Multi-Asset Platform: Trade 100+ cryptocurrencies alongside stocks, ETFs, and commodities in one account.
- FCA Authorised: Fully authorised by the FCA (eToro UK Ltd, FRN 583263) with FSCS protection for non-crypto assets.
- Social Trading: Community features including discussion feeds, sentiment analysis, and shared portfolios.
- Publicly Traded: Listed on NASDAQ (ETOR) since 2025, adding transparency and institutional accountability.
UK Considerations
- High Crypto Fees: 1% commission on buys is significantly higher than specialist exchanges like Kraken (0.25%) or CEX.IO (0.25%).
- Withdrawal Restrictions: Not every cryptoasset can be transferred to an external wallet, and transfers go through the separate eToro Money app.
- Limited Crypto Features: Staking is closed to UK users who joined after 8 February 2022; no DeFi wallet and no advanced order types for crypto.
- Spread Variability: Crypto spreads can widen during volatile markets, increasing costs unpredictably.
- Withdrawal Fees: Free for GBP and EUR accounts; USD accounts pay $5 per withdrawal with a $30 minimum.
Who Should Choose Which?
Choose CEX.IO if...
- •UK users wanting competitive fees with easy fiat onboarding
- •Casual traders who prefer a straightforward, no-frills experience
- •Users comfortable with card payments for quick crypto purchases
Choose eToro if...
- •Beginners who want to learn by copying experienced traders
- •Users wanting crypto, stocks, and ETFs in one platform with FCA protection
- •Social investors who enjoy community features and shared insights
Score Breakdowns
CEX.IO
Our Aggregated Score Breakdown
We combine ratings from multiple trusted sources to give you the most accurate picture
Trustpilot Rating6.0
Reddit Sentiment5.5
Google Play Score8.2
App Store Rating9.0
eToro
Our Aggregated Score Breakdown
We combine ratings from multiple trusted sources to give you the most accurate picture
Trustpilot Rating8.4
Reddit Sentiment5.5
Google Play Score8.4
App Store Rating8.4


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