Updated September 29, 2026 · DebitCue Editorial Team
eToro vs Nexo
eToro
Higher score in this comparison
Nexo
eToro vs Nexo: the differences
| Compare | eToroReviewVisitVisit | NexoReviewVisitVisit |
|---|---|---|
| Currency conversion fee | 0%Lower | 0.2% to 2.5% |
| Free ATM withdrawals | €2,500 to €12,000Higher | €200 to €2,000 |
| Cashback rate | 4%Higher | 0.1% to 2% |
| Card network | Visa | Mastercard |
| Currencies | 4 | 100Higher |
| Custody | Not confirmed | Custodial |
Same on both: Monthly fee (€0), Card type (Debit).
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Key differences
- eToro scores higher overall: 9.2 vs 8.9.
- Nexo is licensed in 4 more countries.
- Currency conversion fee is lower at eToro: 0% vs 0.2% to 2.5%.
- Free ATM withdrawals is higher at eToro: €2,500 to €12,000 vs €200 to €2,000.
- Cashback rate is higher at eToro: 4% vs 0.1% to 2%.
- Currencies is higher at Nexo: 100 vs 4.
- Features: only Nexo offers Virtual card, Custodial.
Our verdict on each
eToro
eToro suits travellers and investors who want spend plus stock rewards linked to a Visa debit account with help centre, chat and phone support. Monthly charge sits at €0 with currency conversion at 0% and free cash access of €2,500 to €12,000 for flexible use abroad and at home.
Nexo
Nexo suits people who hold crypto and want a card that costs nothing to keep and pays cashback in tokens. The monthly fee is €0, the cashback is paid in crypto rather than cash, and the conversion fee of 0.2% to 2.5% is the trade-off to weigh.
Score breakdown
| Area | eToro | Nexo |
|---|---|---|
| Cost | 9.4HigherMonthly charge of €0 with conversion at 0% keeps routine costs contained. | 9.2Free monthly and annual fees sit against a currency conversion fee of 0.2% to 2.5%, so spending abroad costs more. |
| Offer | 9.5HigherRewards of Up to 4% back in stocks widen appeal for stock linked returns. | 9.3 |
| Trust | 8.9HigherOversight includes Financial Conduct Authority plus CySEC under Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) and Australian Securities and Investments Commission (ASIC). | 8.4 |
How they place
| Ranking | eToro | Nexo |
|---|---|---|
| Debit cards | 1 of 1336 | 11 of 1336 |
The bill, worked out
A year with 1,000 spent abroad
eToro
€0
12 × €0 + 0% of 1,000
Nexo
€2 to €25
12 × €0 + 0.2% to 2.5% of 1,000
eToro costs €2 less.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 28, 2026.
Ranges side by side
| Fact | eToro | Nexo |
|---|---|---|
| Free ATM withdrawals | €2,500 to €12,000 | €200 to €2,000 |
What we checked
eToro
- etoro.com: 8 facts, checked September 28, 2026
Nexo
- nexo.com: 13 facts, checked September 26, 2026
Every fact side by side
| Fact | eToro | Nexo |
|---|---|---|
| Features | Multi currency, Crypto, Travel | Multi currency, Crypto, Virtual card, Custodial, TravelCovers more |
| Audience | Not confirmed | Business |
| Legal entity | Not confirmed | DiPocket UAB |
| Founded | Not confirmed | 2018 |
| Support channels | Not confirmed | Chat, Email, Help centre |
Credit cards
| Fact | eToro | Nexo |
|---|---|---|
| Annual fee | $0 | €0 |
| APR | Not confirmed | from 1.9% |
| Rewards type | Cashback | Cashback |
| Pricing model | No annual fee | No annual fee |
| Rewards rate | Up to 4% back in stocks | Up to 2% crypto cashback in NEXO Tokens, or 0.5% in BTC at Platinum tier, on purchases in Credit Mode |
| Perks | Visa Luxury Hotel Collection, AirRefund flight protection, Sixt Car Rentals discount | Free ATM withdrawals up to EUR 2,000 / GBP 1,800 per month at Platinum tier, then 2% fee (min EUR/GBP 1.99), Apple Pay and Google Pay supported, Interest earned on unspent funds (Nexo Loyalty Program, up to 13% per year), Accepted at over 100 million merchants globally, Virtual card activated instantly with 50 USD balance; free shipping for physical card above 5,000 USD balance at Gold tier or higher, No monthly, annual or inactivity card fees |
| Cashback rate | Not confirmed | 0.5% to 2% |
| Card kind | Not confirmed | Credit |
| Regulators | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority Seychelles (FSAS) | Not confirmed |
Where each stands against the rest
| Fact | eToro | Nexo | Median |
|---|---|---|---|
| Monthly fee | €0at the median | €0at the median | €0 |
| Currency conversion fee | 0%below the median | 0.2% to 2.5%below the median | 1% |
| Free ATM withdrawals | €2,500 to €12,000highest quarter | €200 to €2,000highest quarter | €4 |
| Cashback rate | 4%above the median | 0.1% to 2%at the median | 2% |
| Currencies | 4below the median | 100highest quarter | 8 |
Median across 387 listed cards.
Pros and cons
eToro
Pros
- Monthly charge of €0 keeps fixed upkeep at free level for routine use.
- Currency conversion at 0% supports foreign spend without added conversion margin.
- Free ATM allowance of €2,500 to €12,000 exceeds typical low caps seen elsewhere.
Cons
- Currency choice covers balances of 4, so broad multi currency use may feel narrow.
- Annual charge sits at $0 yet reward value depends on stock rewards of Up to 4% back in stocks.
- Support runs on help centre, chat and phone only, which limits contact to those listed routes.
Nexo
Pros
- Free to keep: the monthly fee is €0 and the annual fee is €0.
- Cashback of 0.5% to 2% paid in NEXO Tokens, or in BTC at the Platinum tier.
- Free ATM withdrawals of €200 to €2,000 each month at the Platinum tier.
Cons
- Currency conversion costs 0.2% to 2.5%, above the site median of 1%.
- Support runs on chat, email and help centre only, with no phone line.
- Custody sits with the provider: the account is custodial, not self-custody.
Who each suits
eToro
Who it suits
- Travellers who value free conversion and Visa acceptance, compared with Bit2Me on FX terms.
- Investors who prefer stock linked rewards, compared with XTB on upkeep and reward style.
Who should look elsewhere
- Cash heavy users who need larger free allowances than eToro, consider Kraken through partner for its stated ATM terms.
- Users wanting wider currency balances than 4, consider XTB after comparing account and conversion terms.
Nexo
Who it suits
- Crypto holders who want everyday spending to pay part of the cost back in tokens.
- Business users, the audience Nexo lists, who pay across several of the 100 supported currencies.
- Travellers who keep their cash withdrawals inside €200 to €2,000 each month.
Who should look elsewhere
- Wise, for anyone who wants a multi-currency account without crypto cashback or interest on unspent funds.
- Varo Believe Secured Credit Card, for a secured credit card rather than a crypto-linked card, at a monthly fee of $0.
- Chime Card (Secured Visa Credit Card), for building credit on a secured card, at a monthly fee of $0.
Country by country
| Country | eToro | Nexo |
|---|---|---|
| Argentina | No | Yes |
| Australia | No | Yes |
| Austria | No | Yes |
| Belgium | No | Yes |
| Bulgaria | No | Yes |
| Croatia | No | Yes |
| Cyprus | No | Yes |
| Czechia | No | Yes |
8 of 36 countries where either is available.
Questions about each
eToro
Does eToro charge a monthly fee for the card?+
Monthly upkeep for the card sits at €0. That level keeps fixed costs predictable while you manage spend, withdrawals and travel use. Terms can vary by account activity, so review current pricing before you rely on repeat use.
What currency conversion fee applies to card payments?+
Currency conversion for card spend sits at 0%. That free level helps if you pay in other currencies while travelling or shopping online. Card network exchange and ATM operator terms may still apply, so check statements for any added margin.
Nexo
What does it cost to keep the Nexo card?+
The monthly fee is €0 and the annual fee is €0, and Nexo states there are no monthly, annual or inactivity card fees. The account is aimed at business users, so holding the card adds no fixed running cost to a budget.
What is the currency conversion fee?+
Conversion costs 0.2% to 2.5%, which sits above the site median of 1%. Spending in a currency other than your balance currency is the main cost to plan for, and free ATM withdrawals only run to €200 to €2,000 a month at the Platinum tier.