eToro Review 2024

It looks like you are visiting us from United States - please go to the US review of eToro.
Contributor Image
Written By
Contributor Image
Written By
Christian Harris
Christian is a seasoned journalist with decades of experience. He transitioned from tech journalism to finance to follow his interest in investing. He has been trading stocks, futures, forex, and cryptocurrencies for more than 5 years, becoming an eToro Popular Investor. With hands-on expertise across various assets, he offers valuable trading insights.
Contributor Image
Edited By
Contributor Image
Edited By
Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
Contributor Image
Fact Checked By
Contributor Image
Fact Checked By
James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.
Updated

4.1 / 5
eToro is #12 in our CFD broker rankings.

eToro's social trading platform leads the pack with a terrific user experience and active community chat that can help beginners find opportunities. There are also competitive fees on thousands of CFDs and real stocks, plus excellent rewards for experienced strategy providers.

- Christian Harris, Reviewer
76% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. CFDs are not available in the US Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 76% of retail accounts lose money.

$10
eToro Web, CopyTrader, TradingCentral
Stocks, ETFs, Options, Crypto
-
USD
Visa, Skrill, Neteller, Wire Transfer, Rapid Transfer, Swift, Debit Card, iDeal, Klarna, Sofort, PayPal, Trustly, Przelewy24

Trading App

eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand.

iOS App Rating
Android App Rating

Forex Trading

An above-average selection of 55 currencies are available with reasonable spreads averaging 0.9 pips on EUR/USD during peak hours. Aspiring traders can continuously hone their forex strategies by switching between demo mode and their live account any time, with full access to the broker's 100+ technical indicators.

Stock Trading

eToro offers access to thousands of stocks and shares from all over Europe, the US and beyond. Traders can invest alone or join millions of other traders in eToro's popular social trading community. Buy-and-hold investors can also try out the broker's Smart Portfolios, covering exciting thematic collections like Big Tech.

CFD Trading

You can trade CFDs on over 3,000 assets and access rich market data through the integrated TradingView charts. There are also comprehensive free learning tools available for beginners via the eToro Academy, including dedicated CFD trading courses and guides.

Crypto Trading

eToro leads the way in cryptocurrency trading, offering competitive spreads and a fixed 1% commission, plus their own wallet service. The broker offers a vast list of 95+ tokens which is continually being updated. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

Copy Trading

eToro continues to deliver one of the best proprietary copy trading platforms on the market, at no additional cost for eToro clients. The web-based platform features a user-friendly and interactive layout and also comes with a community chat, making it a stand-out choice for beginners. The latest 'Live Trades' feature also offers real-time insights into the securities being bought by the platform's popular investors.

Awards

  • Best Cryptocurrency Trading Platform 2022 - Finder
  • Education Materials/Program 2022 - Investment Trends
  • Best Copy Trading Platform 2021 - Ultimate Fintech Awards
  • Best Multi-Asset Trading Platform 2021 - Ultimate Fintech Awards
  • Best Stockbroker 2021 - Ultimate Fintech Awards
  • Best Social Trading Platform 2019 - ADVFN International Financial Awards

✓ Pros

  • The copy trading app facilitates a best-in-class social environment, with an engaging social feed and community chat
  • The broker's services are great for beginners, with commission-free stock trading, a low minimum deposit and an unlimited demo
  • Charts are powered by TradingView and offer strong technical analysis features, including 9 chart types and over 100 indicators
  • There's a comprehensive online training academy with accessible resources, from bitesize articles to comprehensive courses
  • eToro has bolstered its investment offering, most recently with new crypto assets, now offering over 90 digital currencies
  • The web platform and mobile app perform better in user reviews and app rankings than top competitors, including AvaTrade
  • Top copy traders can receive annual payments up to 1.5% of assets under copy in the broker's Popular Investor Program
  • Exciting investment portfolios are available covering traditional market trends as well as tech, crypto and more
  • eToro is a world-renowned brand with top-tier global regulation and a 25M+ user community

✗ Cons

  • The lack of additional charting platforms like MT4 will reduce the appeal for seasoned day traders accustomed to using third-party software
  • There are no guaranteed stop loss orders which would be a useful risk management feature for beginners
  • There is a $30 minimum withdrawal amount and a $5 fee, which will affect novices with low capital
  • Traders will face currency conversion fees for account denominations other than USD
  • There are limited contact methods aside from the in-platform live chat

In this eToro review, I assess the broker in every area you should consider before opening an account. I explain the ratings I have given eToro in each category, based on my first-hand experience trading on the platform with real money. I also compare eToro to suitable alternatives and point out where the broker could improve.

Regulation & Trust

4.8 / 5

eToro continues to uphold its reputation as one of the most trusted platforms, earning a very high regulation and trust score of 4.8.

The broker has measures in place to ensure security and compliance with industry standards and is authorized by multiple reputable Green Tier authorities, including:

As with any investment platform, there are inherent risks associated with trading. However, eToro takes steps to secure user funds by segregating client funds from the company’s operational funds. Additionally, the platform uses encryption and security protocols to protect user data.

Accounts & Banking

4 / 5

I’ve given eToro a high accounts and banking rating of 4 for its simple account offering and wide range of payment methods, though its withdrawal fee brings its score down slightly.

Live Account

The single live account offers a beginner-friendly $10 minimum deposit and can be opened easily within minutes.

That said, the first deposit requirement varies quite significantly by location, ranging from $10 to $10,000. Most clients will likely fall into the $50 and $100 deposit requirement.

Nonetheless, the all-in-one account solution means that retail traders get access to the broker’s full suite of markets, tools and resources from one unified account, making it a great option for beginners looking for simplicity and convenience.

It’s also good to see that a professional account is available for experienced traders who meet specific criteria, as well as an Islamic account which complies with Sharia law.

On the downside, day traders, scalpers, and algo traders may feel disappointed that there’s no choice of account conditions, such as raw ECN pricing. If this is important to you, IC Markets is an excellent alternative.

Deposits & Withdrawals

eToro provides a strong range of payment methods, including bank transfers, credit/debit cards, PayPal, Skrill, Neteller, and various other local payment options, depending on your location.

Minimum deposits start from $10, which is reasonable, though some alternatives do not impose a minimum amount.

Importantly, deposits to a live account are free, but a withdrawal fee of $5 applies (plus a frustrating minimum withdrawal of $30). However, Platinum, Platinum+, and Diamond Club members enjoy discounted withdrawal fees, among other perks.

During testing, deposits on eToro were typically processed quickly, often instantaneously or within a few business days, depending on the method used. Withdrawals typically take longer due to verification processes and banking procedures, usually ranging from a few business days to a week.

The recently introduced eToro wallet, named eToro Money, operates as a distinct mobile app enabling you to conveniently deposit, withdraw funds, and manage cryptocurrencies.

I’ve used eToro for over 3 years and can happily report that I have never had an issue depositing or withdrawing funds.

However, it’s worth bearing in mind that funds are automatically converted to USD in order to trade, so you can usually get a better conversion rate elsewhere and then import USD directly into eToro.

author image
Christian Harris
Author

Demo Account

eToro offers a free demo account to practice trading with virtual funds across all assets. The account comes with a generous virtual sum of $100,000.

The demo account provides a risk-free environment for you to explore the platform, test different trading strategies, copy the trades of other investors, and familiarize yourself with various assets before trading with real money.

💡
Tip: Start with the demo account if you are new to online trading.

eToro’s Popular Investor Program is a unique feature for traders who allow others to copy their strategies.

The program encompasses four tiers: Cadet, Champion, Elite and Elite Pro. To attain the first paying level (Champion) and receive a monthly payment of $500, you must possess over $5k in account equity, draw in $50k in assets from clients copying your strategies, and uphold a maximum day risk score below 7 for a minimum of four months.

Benefits for Popular Investors include fee discounts, monthly payments, and a management fee for those reaching Elite status. Reaching the top-level ‘Elite Pro’ status rewards you with a 1.5% AUM bonus (annual).

eToro popular investors and follower counts
eToro Popular Investors

Assets & Markets

4.5 / 5

eToro gets a very high assets and markets rating of 4.5 for its huge investment offering spanning popular asset classes and regions.

The broker is continually broadening its asset selection, now boasting over 4,500 instruments – more than two of our Award winners, AvaTrade and Pepperstone, as you can see in the analysis below.

Comparison of Market Coverage With Suitable Alternatives
eToro AvaTrade Pepperstone
Number of Assets 4,500+ 1,250+ 1,300+

This diverse range encompasses 55 forex pairs, 432 ETFs, 21 global stock indices, 32 types of commodities, and over 4,100 worldwide company stocks.

Fractional shares are an added bonus, reducing entry barriers for beginner investors by allowing partial ownership of single shares.

eToro was also an early adopter in cryptocurrency trading, offering one of the largest arrays of crypto tokens – I can currently access 95 from my dashboard, though this may vary by location. The platform actively strives to expand this market by adding new tokens as they gain wider acceptance.

Additionally, eToro’s provision of out-of-hours stock trading is advantageous, enabling you to trade prominent U.S. stocks during extended hours, and presenting fresh trading opportunities, including renowned names like Tesla, Amazon, and Netflix.

I’m able to trade an impressive selection of 46 extended-hours stocks in my real-money account.

List of extended hours stocks at eToro
eToro Extended Hours Stocks

Fees & Costs

3 / 5

Trading Fees

eToro earns a cost rating of 3 for its competitive spread quotes and low non-trading fees, though it trails the cheapest brokers.

Importantly, I don’t recommend choosing eToro if you’re looking for the tightest spreads for day trading. Quotes on major currency pairs like EUR/USD are around pip, which doesn’t contend with the near-zero spreads offered by top ECN brokers like Pepperstone. That said, many ECN brokers do charge a small commission on top of the spread.

To show you how eToro stacks up to more suitable alternatives, I’ve compared quotes on a few notable assets during peak market hours below. As you can see, spreads are not the lowest but contend well overall.

Comparison of Spreads With Suitable Alternatives
eToro OANDA AvaTrade
EUR/USD 0.9 0.8 0.9
S&P 500 0.75 0.4 0.25
Crude Oil 0.05 3 0.03

It’s also good to see that traders can access stocks commission-free, enabling purchases in bulk or fractional shares from as low as $10.

For crypto transactions, eToro imposes a competitive flat 1% fee, added to the market bid/ask price.

Non-Trading Fees

Trading in a currency other than USD may involve conversion fees based on account denomination and live foreign exchange market rates.

Notably, after 12 months of inactivity, a $10 monthly fee will be charged on any remaining available balance. This won’t impact active traders but casual investors should keep this in mind. Alternatively, Pepperstone does not charge an inactivity fee.

Platforms & Tools

4 / 5

eToro’s unique selling point is its feature-rich in-house application and all-in-one account dashboard, earning it a high platforms and tools rating of 4.

Web Platform

While this may feel restricting for experienced day traders who are accustomed to using third-party solutions like MetaTrader 4, I’m confident that newer traders will enjoy using this software.

Importantly, the broker also regularly enhances the platform and I’ve summarized some of the latest features below.

Design & Navigation

The platform and its widgets are accessible via major web browsers or as downloadable mobile apps for iOS and Android devices, ensuring compatibility with both PC and Mac systems.

The interface is very straightforward and user-friendly, equipped with easily accessible features and navigation tools, making it particularly suitable for beginners.

Each asset can be viewed in 3 different modes:

All other functions, including educational resources and account settings, are located in the left-hand panel, providing a seamless all-in-one dashboard.

eToro web platform showing Overview, Chart and News tabs
eToro Web Platform

Charting Tools

Despite its beginner-friendly feel, eToro hasn’t compromised on technical analysis features.

Charts are powered by TradingView, a highly respected third-party platform.

With this, you get access to 9 chart types, including hollow candles and Heikin-Ashi, plus an impressive suite of over 100 technical indicators including bollinger bands and relative strength index.  There are also dozens of drawing tools for detailed chart analysis.

eToro platform timeframes, toolbar and indicators
eToro Charting Indicators

Extra Features

The multi-asset platform incorporates various helpful functions, including one-click trading, TipRanks research, and a professional-grade technical analysis tool.

The ProCharts function offers a suite of indicators and drawing tools that will serve seasoned day traders, and allows you to save and select from preset layouts, enhancing the charting experience significantly.

However, I am disappointed that the ProCharts mode is only available to higher-tier users. In addition, fully automated trading systems such as those supported on MetaTrader 4 or cTrader are not permitted on eToro, which will disappoint algorithmic traders.

CopyTrader

From the same interface, you can also access the broker’s flagship CopyTrader which allows you to copy the trades of other investors.

You can easily search for investors by risk level, copy duration and asset type. You can also view various investor rankings to narrow down your search, including most copied and trending investors.

Traders also get full control over their copied trades, with the ability to start, stop and change their copied investments at any time.

💡
Tip: Set stop-loss and take-profit parameters for copied trades. These allow you to cap your losses and protect your gains. This is an excellent risk management feature not found on many copy trading platforms.

Mobile App

The complimentary mobile trading app is tailored for traders on the move and is available for both iOS and Android devices.

The app provides real-time trading capabilities, access to historical trades, news updates, and customer service sections, offering full functionality on portable devices.

I find the mobile app to be intuitively designed and easily navigable, preserving all the essential features of the web platform. Regular updates also ensure that all versions of the app remain up-to-date with the latest functionalities.

eToro mobile app interface showing Amazon stock
eToro App

Research

4.5 / 5

eToro’s research offerings have steadily improved, now standing as a competitive force in the market and upholding its excellent research rating of 4.5.

The introduction of weekly video updates featuring market analysis and in-house research articles positions eToro closer to top research brokers like IG.

eToro also presents an economic calendar, earnings reports calendar, news headlines, daily market analysis series, and podcasts. However, some of these features aren’t directly integrated into the eToro platform, which makes for a less convenient user experience.

eToro Digest & Invest podcast series
eToro Digest & Invest

Trading Central is accessible but exclusively offered to select eToro Club members at specific tier statuses. Moreover, only funded account holders can access research reports for stocks.

While eToro excels in incorporating fundamental analysis into its shares trading platform and daily blog articles, it lacks robust technical analysis compared to industry leaders like IG. Integrating technical analysis could significantly enhance eToro’s Analyst Weekly series.

Nonetheless, eToro calculates sentiment data solely from top traders’ trades, distinguishing itself from typical sentiment tools offered by brokers that rely on all user data. This approach resembles CMC Markets’ display of sentiment data.

eToro could improve the accessibility of certain research tools for retail traders. For example, I’d like to see the Digest & Invest podcast series directly integrated into the platform.

author image
Christian Harris
Author

Education

4.5 / 5

I’m equally impressed with eToro’s educational offering which is worthy of a high education rating of 4.5.

The Learning Academy and blogs offer a comprehensive range of videos, articles, and weekly webinars which are tailored by experience level.

The categorized videos and articles are especially useful for beginners and provide insights into trading instruments as well as the essential considerations before investing.

Trading courses at eToro
eToro Trading Courses

eToro’s YouTube channel also hosts a considerable number of videos, including archived webinars and market analysis. The only real downside for me is that differentiating between research, promotional, and educational content can be challenging and frustrating.

While eToro remains a best-in-class educational broker, a clearer organization of educational content and tutorials would further help to balance eToro’s video content in this category.

author image
Christian Harris
Author

Customer Support

3.5 / 5

I find eToro’s customer service options to be somewhat lacking for a broker of its stature, hence only a reasonable customer support rating of 3.

While support is accessible 24/5 (Monday to Friday), the available channels are limited.

You can submit queries using the online chatbot (and eventually a live agent) or contact customer services via a ticketing system, but not having a dedicated helpline phone number or even a direct email address is disappointing.

For urgent matters, I had to email or phone my account manager directly, who is always very helpful.

On the plus side, the customer support team can address various queries, including account closure, overnight fees, risk scores for copy traders, account verifications, limits, and beginner guides to the broker’s trading platforms and investing apps.

Should You Trade With eToro?

There’s a lot to like with eToro. Its user-friendly interface and copy trading features cater perfectly to beginners and intermediate traders, and its large library of assets should suit most trading preferences. It’s also one of the most regulated platforms and has measures in place to ensure client safety.

There are some big caveats, however. In particular, trading options depend significantly on your jurisdiction, including market coverage, minimum deposits and payment methods. Also, its advanced charting tools are restricted to larger account holders, and smaller account holders are further penalized with withdrawal fees.

If you’re more interested in the automated aspects of copy trading and smart portfolios than low spreads and day trading, you should definitely give eToro a try.

FAQ

Is eToro Legit Or A Scam?

eToro is a legitimate company registered in several highly regulated jurisdictions and is one of the most recognized platforms for online trading.

While it has a large user base of over 30 million and generally positive reviews, as with any investment platform, there are risks involved in trading and there are no guarantees you will be profitable.

Can I Trust eToro?

eToro has a significant client base and operates under the supervision of multiple financial regulatory authorities. However, trust ultimately depends on various factors such as individual experiences, the understanding of risks involved in trading, and personal preferences.

Be sure to to conduct thorough research, and understand the platform’s features, fees, and risks before making any investment decisions.

Is eToro A Regulated Broker?

eToro is regulated by several financial authorities in different jurisdictions, including the UK’s FCA, CySEC in Cyprus, and ASIC in Australia.

These regulatory bodies impose strict standards and guidelines that eToro must comply with, ensuring a certain level of security and protection for retail investors.

Is eToro Good For Beginners?

eToro is one of the best options for beginners. The platform’s simple and intuitive interface makes it easy for newcomers to navigate, whilst its social trading aspect allows beginners to learn from more experienced traders.

Educational resources are also comprehensive, including articles, videos, and a risk-free demo account feature.

Does eToro Offer Low Fees?

eToro’s fee structure varies depending on the trades and assets you engage with.

In comparison to some other platforms, eToro’s forex and CFD spreads are higher, starting from 1.0 pip for major currency pairs. Additionally, there are relatively high overnight and withdrawal fees.

However, zero-commission trading for stocks and ETFs for non-leveraged positions in certain markets could be advantageous.

Is eToro A Good Broker For Day Trading?

eToro is not the best option for serious day traders. Based on tests, eToro’s execution time is slower than competitors, and stock trades in particular can take up to 15 minutes to execute.

eToro’s strengths lie more in social trading, long-term investing, and copy trading. For day traders looking for high-frequency and rapid execution trading, there are better platforms suited to those specific needs, including IG.

Does eToro Have A Good Trading App?

eToro offers a highly polished mobile app for both iOS and Android devices. The app allows you to access your eToro account, trade various assets, view market data, manage your portfolios, and utilize social trading features on the go.

The app also provides a user-friendly interface similar to the desktop version.

Top 3 Alternatives to eToro

Compare eToro with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.

    Forex trading involves risk. Losses can exceed deposits.
  2. Interactive Brokers – Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.

  3. DNA Markets – DNA Markets is a forex and CFD broker established in 2020. The broker operates two entities in Australia and the offshore jurisdiction, St Vincent and the Grenadines. Traders can access 800+ markets, with a Standard account for beginners and a Raw account for experienced traders. The reliable MetaTrader 4 and MetaTrader 5 platforms are available, alongside Signal Start.

eToro Comparison Table

Compare eToro With Similar Brokers
eToro IG Interactive Brokers DNA Markets
Rating 4.1 4.4 4.3 3.5
Markets Stocks, ETFs, Options, Crypto CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies CFDs, Forex, Indices, Commodities, Stocks, Crypto
Demo Account Yes Yes Yes Yes
Minimum Deposit $10 $0 $0 $100
Minimum Trade $10 0.01 Lots $100 0.01 Lots
Regulators FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA ASIC
Bonus
Education Yes Yes Yes No
Platforms eToro Web, CopyTrader, TradingCentral Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentral MT4, MT5
Leverage 1:30 (Retail), 1:250 (Pro) 1:50 1:500
Payment Methods 13 6 6 10
Visit Visit Visit Visit
Review IG
Review
Interactive Brokers
Review
DNA Markets
Review

Compare Trading Instruments

Compare the markets and instruments offered by eToro and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare eToro Trading Instruments
eToro IG Interactive Brokers DNA Markets
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes No Yes
Gold Yes Yes Yes Yes
Copper Yes Yes No Yes
Silver Yes Yes No Yes
Corn Yes No No No
Crypto Yes Yes Yes Yes
Futures Yes Yes Yes No
Options No Yes Yes No
ETFs Yes Yes Yes No
Bonds Yes Yes Yes No
Warrants No Yes Yes No
Spreadbetting No Yes No No
Volatility Index Yes Yes No Yes

eToro vs Other Brokers

Compare eToro with any other broker by selecting the other broker below.

 

The most popular eToro comparisons:

  1. Moomoo vs eToro
  2. Nexo vs eToro
  3. AvaTrade vs eToro
  4. Saxo Bank vs eToro
  5. Trade Republic vs eToro
  6. OctaFX vs eToro
  7. Olymp Trade vs eToro
  8. eToro vs Expert Option
  9. ADS Securities vs eToro
  10. Tiger Brokers vs eToro
  11. ZuluTrade vs eToro
  12. eToro vs Trade Nation
  13. Skilling.com vs eToro
  14. Lightyear vs eToro
  15. eToro vs Vanguard
  16. eToro vs Binance
  17. eToro vs CMC Markets
  18. Trading 212 vs eToro
  19. Wealthsimple vs eToro
  20. Mitrade vs eToro

Customer Reviews

  4 / 5

This average customer rating is based on 2 eToro customer reviews submitted by our visitors.

If you have traded with eToro we would really like to know about your experience - please submit your own review. Thank you.

  4

I signed up with eToro because I’d heard good things about the copy trading app and they’ve turned out to be mostly true. I really enjoy using the app, it’s got a super clean look and feel that makes looking for and following other traders simple, especially for beginners like me. I want to try the Smart Portfolios next, but the $500 minimum investment is pretty steep. Will try and remember to leave another comment to let you know how I get on.

✍ Daniel D | 🌐 Wales | January 9, 2024
  4

A solid pick if you want social investing. The platform is easy to use and there are loads of traders to choose from. I find their support team hard to reach sometimes though, and the withdrawal fee is frustrating when lots of brokers don’t charge one.

✍ Henry S | 🌐 Australia | November 20, 2023

Submit Your Own Review of eToro

If you have experience trading with eToro please share your personal review of the broker and what you think are strong and weak points. Thank you.

Visit
eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. CFDs are not available in the US Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 76% of retail accounts lose money.
76% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

For Specific Countries

Article Sources

The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com