Crypto Exchange comparison
Caleb & Brown vs eToro
Caleb & Brown is a dedicated crypto brokerage with a personal broker desk and 24/7 support, while eToro is a multi-asset platform that adds ASX shares, US stocks, ETFs and CFDs on top of crypto. The biggest practical difference: eToro lets you trade shares and crypto in one place with zero-commission ASX trades, whereas Caleb & Brown is crypto-only but offers a white-glove service with a real human broker.
Choose
Caleb & Brown
if…
- ›You want a dedicated crypto broker who can talk you through trades via phone, WhatsApp or live chat 24/7
- ›You value CHESS-like custody and personal service over a multi-asset dashboard — Caleb & Brown is crypto-only and built around broker relationships
- ›You plan to invest larger amounts (minimum $500 per trade) and want zero platform, inactivity or withdrawal fees
- ›You need a CGT report and tax statement tailored to crypto, with no distractions from shares or CFDs
Choose
eToro
if…
- ›You want to trade ASX shares, US stocks, ETFs and crypto all from one login — eToro covers all four
- ›You're starting small (minimum $50) and want fractional shares on both ASX and US stocks
- ›You want a demo account to practise before committing real money
- ›You need CFD trading or leveraged positions alongside your crypto and share portfolio
- ›You prefer a self-directed app experience with no minimum phone-based service
Where they differ
| Fact | Caleb & Brown | eToro |
|---|---|---|
| Minimum initial deposit | $500 AUD | $50 AUD |
| Inactivity fee | $0 | $10 AUD |
| ASX & US shares supported | No | Yes (zero-commission ASX trades) |
| Customer support | Phone, email, live chat, WhatsApp, in-app — 24/7 | Live chat (Club members only), email/web ticket, help centre |
| Demo account | No | Yes |
Verdict
Choose Caleb & Brown for dedicated crypto broker service; choose eToro for one-stop shares, ETFs and crypto with low minimums.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Caleb & Brown | eToro |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | — | custodian |
| Individual HIN | — | No |
| Individual account | Yes | Yes |
| Joint account | — | No |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| Kids / minor account | — | 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 | $0/month |
| Conditional order fees | $0 | $0 |
| Phone trade surcharge | $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 | — | 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 | Caleb and Brown Pty Ltd | eToro AUS Capital Limited |
| AFSL number | — | 491,139 |
| AUSTRAC registration | Yes | Yes |
| Year founded | 2,016 | 2,017 |
| Parent / ownership | Swyftx (acquired October 2025; deal announced July 2025, valued ~AUD $100M+/USD $65.8M-$200M range — largest ANZ crypto M&A deal) | 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 | AU | Australia |
| Public company status | private | public |
| money movement | ||
| Minimum initial deposit | $500 | $50 |
| Minimum subsequent purchase | $500 | $50 |
| Deposit methods | PayID, OSKO, Bank transfer (BSB/Account), Crypto deposit | Bank transfer, Debit card, Credit card, PayPal, Skrill, Neteller, POLi, Online banking |
| Settlement period | instant (crypto settlement) | T+2 ASX, T+1 US (settlement managed by the eToro Service custodian; user funds reflect immediately in eToro wallet) |
| Withdrawal time | 1-3 business days | 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 |
| Desktop platform | No | No |
| Demo account | No | Yes |
| Free real-time market data | Yes | Yes |
| Free research reports | Yes | No |
| 2FA support | authenticator app | SMS + authenticator app |
| Customer support channels | phone, email, live chat, WhatsApp, in-app | Live chat (Club members only), Email / web ticket, Help centre |
| Support hours (AU time) | 24/7 (live chat and broker desk) | — |
| Education content | basic articles | video + courses |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| CGT calculator / report | Yes | Yes |
| Sharesight / Navexa integration | — | No |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | — | Yes |
| Conditional orders | — | Yes |
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | multiple | multiple |
| DRP (dividend reinvestment) | — | No |
| After-hours / overnight trading | Yes | No |