BISON vs eToro Comparison
In our overall rating eToro leads with 4.3 out of 5 points, ahead of BISON with 2.5. On disclosed fees eToro is cheaper: € 10.00 instead of € 12.50 per €1,000 purchase. eToro has the better score in all five sub-ratings. eToro lists more cryptocurrencies (more than 110) than BISON (71).
| 1.25 % | Fees | 1% crypto fee + spread |
| € 12.50 | Minimum cost per €1,000 | € 10.00 |
| 71 | Cryptos | 110+ |
| SEPA transfer, SEPA Instant transfer, credit card (Visa, Mastercard), Apple Pay, Google Pay (card and wallets: 2.49%) | Payment Methods | SEPA Transfer (min. $50), Credit Card, PayPal |
| MiCAR licence from BaFin: EUWAX AG for crypto trading (since 1 April 2025), Boerse Stuttgart Digital Custody GmbH for custody (since 17 January 2025) | Regulation | Crypto custodian Tangany GmbH has a BaFin license. |
Cost comparison
The basis is a Bitcoin purchase worth €1,000, calculated from the disclosed trading fee. A price markup in the spread is not included, because most providers do not publish it.
| € 12.50 | Minimum cost per €1,000 | € 10.00 |
| 1.25 % | Fees | 1% crypto fee + spread |
| € 0 | Wallet transfer | – |
| Yes | Cost transparency | No |
| € 0.01 | Minimum Amount | approx. € 50 |
| SEPA transfer, SEPA Instant transfer, credit card (Visa, Mastercard), Apple Pay, Google Pay (card and wallets: 2.49%) | Payment Methods | SEPA Transfer (min. $50), Credit Card, PayPal |
On disclosed fees you pay €2.50 less at eToro per €1,000 purchase.
BISON charges no order fee for crypto trading; the cost sits in the spread between the buy and sell price. The spread varies with market conditions and trade size, while the account, custody, deposits and withdrawals are free.
| Transaction | Cost at BISON |
|---|---|
| Spread on Bitcoin and Ethereum | 1.25% on average per buy or sell |
| Spread on all other cryptocurrencies | 1.75% on average per buy or sell |
| Account opening, account management and custody | free |
| EUR deposit by SEPA or instant transfer | free; your own bank may charge for SEPA Instant |
| Instant deposit by credit card, Apple Pay or Google Pay | 2.49% of the amount |
| EUR withdrawal, crypto deposits and withdrawals | free |
| Staking Ethereum and Solana | BISON keeps 27% of the staking rewards |
| Stocks and ETFs | EUR 1.99 per buy or sell |
How to save: Deposit by SEPA or instant transfer instead of card to save 2.49%. Buying and later selling EUR 1,000 of Bitcoin costs about EUR 25 through the spread, about EUR 35 for altcoins. If you trade often, compare that with exchanges that charge fixed maker and taker fees in our crypto exchange comparison.
As of 22 October 2026 according to BISON, fees and costs.
eToro charges a fee per crypto position. The rate depends on your club tier and your monthly crypto volume. The market spread, the gap between buy and sell price, comes on top. The order ticket shows all costs before you confirm.
| Transaction | Cost at eToro |
|---|---|
| Buy or sell crypto, Bronze, Silver, Gold tiers | 1% per position, plus the market spread |
| Crypto, Platinum tier | 0.95% to 0.10% depending on monthly volume |
| Crypto, Diamond tier | 0.85% to 0.10% depending on monthly volume |
| Account opening, management, inactivity | free |
| Withdrawal from the euro account | free |
| Withdrawal from the USD account | $5, minimum withdrawal $30 |
| Transfer of crypto to the eToro Money wallet | 2%, with a minimum and maximum |
| Selling crypto for euros in the eToro Money wallet | 0.6% to 1% depending on club tier |
| Unleveraged crypto CFD, customers in Germany | no overnight fee |
| Stocks | $1 or $2 commission per buy and sell, depending on the exchange |
Example: buying Bitcoin for €1,000 and selling it later costs €10 on the buy and 1% of the sale value on the sell in the Bronze tier, about €20 in total plus spread. How to save: depositing euros into the euro account avoids conversion costs, and larger balances reach a higher club tier with lower crypto fees.
Fees as of 24 October 2026 according to the eToro fee page.
eToro promo code and bonus (October 2026)
Instead of a promo code, eToro runs its Refer a Friend programme. An existing customer shares a personal invitation link. If the new customer registers through it, verifies the account and within 90 days deposits at least $100 and trades at least $100, the referrer receives a reward of $50, $100, $150 or $250 depending on their own balance. The new customer does not receive a reward from this programme, and the reward can only be withdrawn 90 days after it is credited. The terms for eToro (Europe) Ltd cover customers in countries including Germany, Austria, France, Spain and Switzerland (eToro terms, September 2026).
What circulates online as an eToro promo code or coupon is usually another customer's invitation code: the reward goes to the referrer. Discounts on crypto fees come from eToro's club tiers, not from a code.
Pros & Cons
- 70 cryptocurrencies tradable, plus over 2,500 stocks and ETFs
- Crypto custody by the BaFin-regulated Boerse Stuttgart Digital Custody GmbH
- Transfers to your own wallets are free of charge
- Staking and savings plans available
- Tax report offered as an added feature
- Deposits via SEPA, SEPA instant transfer and credit card
- Entry from as little as €1
- The proportional spread averages 1.25 % on Bitcoin and Ethereum and 1.75 % on all other cryptocurrencies
- SMS-based two-factor authentication; stronger methods would be welcome
- Processing times of up to 24 hours for wallet transfers are occasionally criticised
- MiCA licence from CySEC, valid across the EU
- Custody for customers in Germany at Tangany GmbH, authorised by BaFin
- More than 100 crypto assets plus stocks, ETFs, indices and commodities in one account
- CopyTrader and a demo account with virtual funds
- No account or inactivity fee, free withdrawals from the euro account
- Recurring investments without a currency conversion fee on the deposit
- Crypto costs 1% per buy and sell in the Bronze to Gold club tiers, plus the market spread
- Moving crypto to your own wallet costs 2%
- Some crypto buys can run as CFDs, marked “CFD” in the order ticket
- Reduced crypto fees only from the Platinum club tier
Score Comparison
User Experiences
AI AnalysisUsers generally describe BISON in the evaluated user data as easy to understand and clear. In particular, the intuitive and easy-to-use app is frequently praised in reviews, while fees, support, and the selection of coins are seen more critically by users.
According to 658 analyzed user reviews, eToro is generally often described as easy to understand and practical for everyday use. Users especially appreciate the intuitive app and the clear layout, while fees and support are more often viewed critically in the user data.
This analysis is based on 707 user reviews evaluated by AI from the Apple App Store, Trustpilot, and Google Play Store. The total number of reviews on the respective platforms may be higher — the platform ratings (star ratings) shown refer to all reviews available there. The reviews shown reflect users’ experiences and do not represent the site operator’s own assessment. All information is provided without guarantee. As of: March 2026. This comparison does not constitute investment advice.
Features
| available | Savings plan | available |
| available | Staking | available |
| not available | Wallet transfer | available |
| available | Credit card payment | not available |
| available | BaFin-regulated custodian | not specified |
| available | Web platform | not specified |
| available | Mobile app (iOS/Android) | not specified |
| available | Tax report | not specified |
| available | SEPA instant bank transfer | not specified |
| not specified | Futures trading | available |
| not specified | Copy trading | available |
| not specified | NFT marketplace | not available |
| not specified | Tax export | available |
| not specified | Demo mode | available |
- Powered by Börse Stuttgart with many years of capital markets experience
- Free wallet transfer to your own wallets
- Tax report for crypto tax filing
- BaFin-regulated crypto custody
- CopyTrader to mirror other investors' positions
- Crypto, stocks, ETFs and commodities in one account
- MiCA licence from CySEC, custody through Tangany
The five areas head to head
AI AnalysisFees & Costs
When it comes to fees and costs, users report criticism comparatively often. According to reviews, the fees and spread are repeatedly described as high. Especially among price-conscious users, this area is therefore perceived rather critically in the user data.
According to user reviews, the fees at eToro are comparatively often viewed critically. Users report high fees and high spreads. Overall, the fee area in the user data is described as having room for improvement.
Usability & User Experience
Users mainly report a clear design and an intuitive app with BISON. According to reviews, the platform is often described as easy to use, user-friendly, and self-explanatory. Some users mention annoying notifications and report that verification does not always go smoothly.
Users especially appreciate eToro's intuitive app as well as the clear and very simple operation. According to reviews, getting started is usually quick even for less experienced users, because many processes are described as easy to follow. However, some users occasionally report login issues or that the app does not always start as expected, which means usability is perceived as limited in certain situations.
Features & Offering
According to reviews, users are rather reserved about BISON’s offering, mainly because of the limited coin selection. Many users would like to see more coins or cryptocurrencies; additionally, an API for Blockpit, staking, savings plans, as well as an iPad or Mac version are mentioned occasionally.
Users particularly praise the Copy Trading feature and the many pieces of information available within the platform. According to reviews, the offering is generally seen as helpful for getting started and for finding one's way in the market. At the same time, some users would like to see more coins, additional reminder functions for SL/TP, as well as individual enhancements such as a smartwatch app or more settings for font size.
Stability & Security
In terms of stability and reliability, many users are generally positive about BISON. According to reviews, the app is repeatedly described as reliable. However, some users report app crashes, so from the perspective of individual reviews the technical reliability still has room for improvement.
Regarding stability and reliability, users occasionally report problems when starting the app and login difficulties. In the analyzed user reviews, it is also mentioned that the app does not function as expected in individual cases. However, a reliable overall assessment is only possible to a limited extent based on the user data available.
Customer Support
When it comes to support, users report mixed experiences in the reviews, but overall rather critical ones. There is repeated mention of no support or long response times, which is why some users describe customer service as room for improvement. Support is also occasionally mentioned critically in connection with delays around withdrawals.
The user data presents a rather critical picture of support. Users report slow support, poor experiences with customer service, or that they do not perceive sufficient support. Accordingly, customer service is more often described in reviews as having room for improvement.
Details
| EUWAX AG | Company | eToro Europe Ltd. |
| 2019 | Founded | 2007 |
| MiCAR licence from BaFin: EUWAX AG for crypto trading (since 1 April 2025), Boerse Stuttgart Digital Custody GmbH for custody (since 17 January 2025) | Regulation | Crypto custodian Tangany GmbH has a BaFin license. |
| € 0.01 | Minimum Amount | approx. € 50 |
| eID, VideoIdent | KYC | Video-ID |
Verdict
In our overall rating eToro leads with 4.3 against 2.5 for BISON.
On disclosed fees you pay €2.50 less at eToro per €1,000 purchase.
For most investors eToro is therefore the better choice.
BISON is the crypto app of Börse Stuttgart and is perceived in the DACH region as a provider with a traditional capital markets background. Crypto custody is handled by Boerse Stuttgart Digital Custody GmbH, which is regulated by BaFin. According to BISON, 70 cryptocurrencies are tradable, plus stocks and ETFs.
As one of the few offerings among German brokers, BISON allows free wallet transfers to your own wallets. Staking, savings plans, and an integrated tax report are also available. Deposits are possible via SEPA, instant bank transfer, and credit card.
Costs sit in the spread, which according to BISON averages 1.25 % on Bitcoin and Ethereum and 1.75 % on all other cryptocurrencies, the upper range among the brokers compared. The exclusively SMS-based 2FA and the processing time for wallet transfers of up to 24 hours are also seen as room for improvement. Overall, BISON is aimed at investors who prefer an established German provider and are willing to accept trade-offs in fees and coin selection.
In short: eToro is one of the best-known multi-asset platforms: crypto, stocks, ETFs, indices and commodities in one account, plus CopyTrader, which automatically mirrors other investors' positions, and a demo account for practice. Crypto costs 1% per buy and sell in the Bronze to Gold club tiers. If you only want to buy crypto cheaply, an order-book exchange costs less; if you want to manage crypto and stocks together and learn from others, eToro is a good fit.
Is eToro safe and regulated in the EU?
Yes, eToro may serve customers across the EU. For EU customers the contracting party is eToro (Europe) Ltd in Limassol, authorised by the Cyprus Securities and Exchange Commission (CySEC) under licence number 109/10. Since January 2025 it has held a MiCA licence from CySEC for crypto assets, which applies across the EU through the passport, including Germany, France and Spain (ESMA register, file of 22 October 2026). For customers in Germany, crypto assets are held by Tangany GmbH in Munich, which has its own MiCA authorisation from BaFin for custody and transfers since August 2025. For investment services of eToro (Europe) Ltd, eToro cites the Cyprus Investor Compensation Fund with up to €20,000 per client (eToro regulation page). The parent company eToro Group has been listed on Nasdaq since May 2025 and reports its figures quarterly.
Real coins or CFDs? When you buy Bitcoin without leverage, you usually acquire the crypto asset itself. Leveraged positions and short sales run as CFDs, and according to eToro some unleveraged buy positions can also be executed as CFDs for regulatory reasons; the trade window marks them with “CFD”. Customers in Germany pay no overnight fee on such unleveraged crypto CFDs.
What you can do yourself: turn on two-factor authentication, check before confirming whether the order ticket shows “CFD”, and move crypto you plan to hold for a long time to your own wallet. eToro charges 2% for that transfer, see the fees section.
Who is eToro for?
eToro suits beginners and investors who want to manage crypto alongside stocks and ETFs in one app, follow other investors' strategies or practise in a demo account first. If you only buy crypto and watch costs closely, compare with Bitpanda or Trade Republic; all brokers are listed in our crypto broker comparison.