Point Summary

Headquarters Cyprus, United Kingdom, USA, Australia
Found in 2007
Regulation CySEC, ASIC, FCA, MiFID
Platforms Broker’s proprietary platform
Instruments Stocks, ETFs, Crypto, Indices, Commodities, Curencies
Costs Higher cost compared with regular cryptocurrency trading services
Demo Account Available
Minimum deposit In most cases the required eToro minimum deposit is $200
Max Leverage 1: 30
Commission on Trades eToro does not have commission charges on trading, instead, they mark up the spread
Deposit, Withdrawal options Credit Card, Moneybookers, Neteller, PayPal, Skrill, Webmoney, Wire Transfer, etc
Education Quite good
Customer Support Not good compare to another platform


eToro Review

eToro is a trading broker that was established in Israel in 2007. It is a platform that is widely used all over the world mostly due to its efficiency and ease of use.

eToro is fully regulated, adhering to the strict guidelines of CySEC, FCA and ASIC. Beginner traders will receive guidance when making their first steps in online trading, and experienced traders will enjoy risk-management features to help them trade smartly and responsibly.

It takes every necessary precaution to keep its clients’ personal information and funds safe and secure. They employ the highest standards of cyber security, while the clients’ funds are kept safe in tier 1 European banks.

eToro offers both short-term options for day traders and long-term options for investors, such as their innovative CopyPortfolios – a fully managed thematic portfolio. We also acknowledge that different traders have different risk-appetites, and offer instruments varying from low to high risk. Our tools are easy to use, and we make all of the information on the platform accessible on both our web interface and in our mobile app.

It is a trading platform that encompasses the concept of social trading. Traders can engage in the platform and exchange ideas for more successful trades and be able to employ the copy trading technique at all times. With numerous successful traders using their platform to share their strategies, eToro clients have everything they need to pursue their financial goals.

It is no wonder that more than 11 million people worldwide choose eToro as their preferred trading platform.

Is eToro Safe or Scam

eToro is regulated. Regulations are put in place to protect investors, so you should only trade with regulated platforms. eToro operates in accordance with the FCA, CySEC and ASIC.
eToro’s global presence is confirmed by the multiple regulators who oversee the company group

On continental Europe, eToro is managed by eToro (Europe) Ltd, a Cyprus Investment Firm (CIF). The company is regulated by the Cyprus Securities Exchange Commission (CySEC) with CIF license number license # 109/10 since 2010. For traders who trade through eToro (Europe) Ltd, their funds are protected under the Investor Compensation Scheme.

eToro Review
In the UK, eToro is managed by eToro (UK) Ltd and as such comes under the jurisdiction of the Financial Conduct Authority (FCA). The company is registered with FCA with the license number FRN 583263 since 2013.

For traders in Australia, the eToro brand is managed by eToro AUS Capital Pty Ltd. It is regulated by the Australian Securities and Investments Commission (ASIC) with the license number AFSL 491139 since 2017.

eToro Review
On eToro, clients’ funds are kept secured in tier 1 banks, and all of their personal information is guarded under SSL encryption

eToro encourages its users to share their real name and picture to ensure transparency. Moreover, depositing clients are subject to a strict verification process, making sure they are who they claim to be, and encourages its clients to take safety measures and provides various tools for reducing risk while encouraging responsible trading.

How you are protected

eToro operates three legal entities and serves customers based on their residency. This matters because the entity you belong to defines the amount of protection you get.

  • Citizens of the United Kingdom can open an account at eToro (UK) Limited and thus they will be protected by the FCA. If eToro becomes insolvent, eToro UK clients can expect to be compensated by the maximum amount of £85,000 guaranteed by the Financial Services Compensation Scheme (FSCS).
  • Australian clients are served by eToro Australia, which is regulated by ASIC, the Australian financial authority. ASIC however does not provide any obligatory investor protection for a pre-set amount.
  • Other investors will have their live trading accounts with eToro (Europe) Limited, which is regulated by the Cypriot watchdog, CySEC. The amount of investment protection coverage at eToro Europe is a maximum of €20,000. This threshold is set by the Cypriot Investors Compensation Fund.

eToro also provides negative balance protection for forex spot and CFD trading, for both retail and professional clients from the European Union.

However, there is no investor protection for cryptos.


Live Account

eToro only offer one type of live trading account. The minimum deposit for this account varies from country to country.

In most cases the required eToro minimum deposit is $200. It is different for the following countries:

  • If you are from Israel, it is $10,000.
  • For residents of Australia and the USA, the minimum first-time deposit is $50.
  • For residents of Russia, China, Hong Kong, Taiwan and Macau, the minimum first-time deposit is $500.
  • The minimum amount for a bank transfer is $500.

Demo Account

The Forex market offers attractive opportunities for traders, but also involves risk. That’s why before diving into Forex trading with a live account, it’s best to open a risk-free Forex demo account. The eToro Demo Account provides the same Forex trading experience as real accounts. The only difference is that the funds on the Forex demo account are simulated. You don’t trade with real money, so it is completely risk-free.

Pacticing with unlimited demo dollars helps you better understand how to execute trades, as well as your risk exposure.

After opening an account with eToro, you will automatically receive the unlimited demo account with 100,000 USD – it is highly recommended that you use this extensively until you are comfortable with the platform.

How to open a new account at eToro

1. Go to eToro.com page, you will see an electronic form where you will be able to enter all the personal data that is required to open a new trading account.

2. Please fill in all the relevant information requested in this form. Logging in via Facebook or Gmail are additional options

eToro Review

3. Before submitting your information for review, kindly take the time to familiarise yourself with eToro’s Terms Conditions and privacy policy.

4. Upon completing your review of all the terms, please indicate your agreement with them by checking the appropriate box.

5. Submit your information by clicking the “Create Account” button.

And thats practically it, you can immediately access the trading platform and start to trade with a $100,000 demo account.

eToro Review
If you want to go further and fund it with real money, you have to verify your identity and residency by uploading the required documents:

  • Proof of identity: a copy of your passport or personal ID.
  • Proof of residency: a copy of a utility bill or bank statement.


eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

There are hundreds of different financial assets to trade on eToro, across several categories: commodities, cryptoassets, currencies, indices and ETFs. Each asset class has its own characteristics, and can be traded using a variety of investment strategies

Some positions on eToro involve ownership of underlying assets, such as long (BUY), non-leveraged positions on stocks and cryptos. Other employ CFDs, which enable a variety of options, such as leveraged trades, short (SELL) positions, fractional ownership and more.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

The following list shows some of the frequently traded assets on the eToro trading platform.

Commodities Stocks ETF’s tickers Currencies Crypto Indices
Copper GOOGLE AGG EUR.GBP Litecoin DAX30
Natural Gas AIG AOA EUR.JPY Ethereum FTSE100
BHP GDXJ USD.GBP Ethereum Classic CHINA50

You can change the default leverage level of the products.

Changing the leverage manually is a very useful feature when you want to lower the risk of a trade. For example, instead of trading with 5:1 leverage, only trade with 2:1 leverage in the case of stock CFDs. Be careful with forex and CFD trading, since the pre-set leverage levels are high.


The stock market is dynamic and presents many options for traders. Stocks are usually considered suitable for medium- to long-term investments. Each stock is affected by different market events and could go up or down in value following announcements such as earnings reports, new product launches, and changes in competitors’ stock prices.

Buying a stock on eToro by opening a BUY (long), non-leveraged position, means you are investing in the underlying asset*, and the stock is purchased and held in your name.

However, eToro also offers additional functions using CFD trading. With CFDs, you can open SELL (short) positions, use leverage, and buy fractional shares. For example, on eToro you can invest as little as $100 in a stock that actually costs $500.

eToro Review

You can only trade the more popular stocks. For example, the number of tradable stocks on the Nasdaq with eToro is currently 370, which is only around 10% of the listed companies on the Nasdaq exchange.

Why could this matter for you? If you only trade the most popular stocks, like Microsoft or Apple, you probably wont notice the lack of smaller stocks. eToro will from time to time make new stocks available for trading, usually in a batch. For example, on the 30th of March they added 185 new stocks, among them, was a very trending one, Zoom Technologies. However if you had to wait for eToro to add the stock, you missed the early rally in the stock.


Cryptocurrency prices can fluctuate widely and are therefore not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework, such as MiFID.
eToro Review

Cryptoassets display extremely high volatility, and it is quite common to see double-digit percentage fluctuations in a single day. Bitcoin, which is the first and largest crypto, is considered to be the benchmark for this market, and other assets’ charts often move in the same direction as Bitcoin.

Buying crypto on eToro means you are investing in the underlying asset*, and the crypto is purchased and held by eToro on your behalf. These trades are unleveraged. Buying and selling the underlying assets are unregulated and have no investor protection.

Long (BUY) cryptocurrency positions are unregulated products with no investor protection. However, short (SELL) positions opened for cryptocurrencies on eToro are executed using CFDs, and, therefore, operate under the regulations of CySec and the FCA.

See the detail of Trade Market at here

Trading Platform

Web and Desktop Trading Platforms

eToro uses a proprietary platform which they have built in house and are constantly working on. There is no software to download and to install. You can access the platform directly using your web browser.

They offers a user-friendly and well-designed web trading platform. eToro did a great job of combining good design with functionality. The menus and buttons are where you expect them to be, everything is labelled correctly and the color scheme is pleasant.

It is hard to customize though, as the panels are fixed. One exception is the watchlist, which is easy to configure.
eToro Review
eToro has an optional, safer, two-step login system. This can make it more complicated to log in, but in turn it provides you with added security.

It is available in many languages:
Arabic Chinese (simplified) Chinese (traditional) Czech Danish
Dutch English Finnish French German
Italian Malaysian Norwegian Polish Portuguese
Romanian Russian Spanish Swedish Vietnamese

How do I open a trade at eToro?

To open a trade, simply select the instrument you wish to trade, via the Trade Markets page or via the Search bar, click Buy to enter the amount you wish to invest, and then click Open Trade.

When opening a trade, you have the option to toggle between Amount and Units, so you can either enter the dollar value you wish to invest, or the number of units you wish to purchase.

The Open Trade window will display the number of units you are purchasing, based on the current price of the asset, the percentage of your total equity the trade will comprise, and the exposure.

eToro Review

How do I close/sell my position(s) at eToro?

There are two ways to close/sell positions.

Click on "Portfolio" to see all the instruments you are currently trading.

1) To close an individual position:

  • Click on any instrument in your portfolio to bring up all open positions on that instrument.
eToro Review
  • Click on the red X next to the position you wish to close and click "Close Trade".
eToro Review

2) If you have multiple positions on the same instrument, you can close all of them at once:

  • Click on the red SELL button next to the instrument whose positions you wish to close.
  • Check the box "I want to close all trades" and click "Close All".
eToro Review
Alerts and notifications

You can set price alerts and notifications easily. eToros alert function lets you know when an asset reaches a price target, and you also get a notification when your order is fulfilled. On the web platform, this is in the form of an icon update or a browser notification.

Portfolio and fee reports

Click on the Portfolio tab, then go to History, and under the gear icon at the top right, you can access and download your account statement. This is a well-structured pdf file showing all of your cash flows, including fees. When you are following someone, you will see all trades separately. However, fees are not added up, but listed individually per fee deduction.

eToro does not offer a desktop trading platform.

Mobile Trading Platforms

The eToro mobile trading platform is available for iOS and Android.

Its available in the same 21 languages as the web trading platform.

The mobile platform has the same great functionality as the web platform. It uses mobile-specific intuitive functions, such as push notifications or good touch interactions. For example, you can swipe left and right in your portfolio to access charts or open a new trade.


Like the rest of the mobile app, the charts were responsive and closely matched the web platform, even though just five indicators are present compared to 67 on the web. Drawing tools were missing from the app entirely and would be a welcome enhancement. Otherwise, the charts in the mobile app are nicely integrated and function well, despite the lack of drawing tools.

Cryptocurrency wallet

The eToro Wallet is a separate mobile app where users can deposit and withdraw actual cryptocurrencies that are held by eToroX, which acts as the custodian of their private keys and broker. The eToro Wallet closely resembles the look and feel of the eToro mobile app, including support for social trading.
eToro Review
eToro Review
eToro Review
eToro Review

Deposit and Withdrawal


There are a lot of deposit methods for eToro:Credit/Debit card, PayPal, Skrill, Neteller, WebMoney, Giropay, Yandex Money, Wire transfer, Bank transfer, China UnionPay, Klarna / Sofort Banking, Local Online Banking and others.

eToro only allows USD accounts, so whatever currency you deposit will automatically be converted to USD.
For example, if you deposit EUR by bank transfer, a 50 pip fee will be applied at funding (which is around 0.46% of the deposit amount) and the same fee will also be charged when you withdraw EUR by bank transfer. For other methods, like credit card, a higher fee applies for some currencies. Alternatively, you can deposit in USD, e.g. using your credit card. In that case, your bank will make the conversion at its own rate.

A convenient way to save on currency conversion fees is opening a multi-currency bank account at a digital bank.

eToro states that you can use your Revolut account to deposit and withdraw in GBP and EUR. Revolut payments in USD are not supported, so this means you cannot save Etoros USD conversion fee with Revolut

You can only deposit money from funding sources that are in your name.

Deposit Fee

eToro charges no deposit fees, but they have currency conversion fees, which might be high, for example as much as 2.4% for depositing EUR by card. Note that a 50 pip charge is not the same % age in AUD to USD conversion vs EUR to USD conversion, so in the table below we added an estimation of the % age charge as well.

Etoros deposit currency conversion fees
Bank transfer none 50 pip, approx 0.46% of the deposit amount 50 pip, approx 0.4% of the deposit amount 50 pip, approx 0.77% of the deposit amount
Other methods none, your bank will charge for conversion, if your card is not in USD 250 pip, approx. 2.4% of the deposit amount 50 pip, approx 0.4% of the deposit amount 100 pip, approx 1.56% of the deposit amount

What is the minimum deposit at eToro?

In most cases the required eToro minimum deposit is $200. It is different for the following countries:

  • If you are from Israel, it is $10,000.
  • For residents of Australia and the USA, the minimum first-time deposit is $50.
  • For residents of Russia, China, Hong Kong, Taiwan and Macau, the minimum first-time deposit is $500.
  • The minimum amount for a bank transfer is $500.

What is the maximum deposit at eToro?

No maximum deposit.

How long do Deposit take?

A bank transfer takes 4-7 business days, In comparison, while credit/debit card and electronic wallet deposits are instant, there are per transaction limits: $40,000 in the case of credit/debit cards, and either $10,000 or $30,000 (Klarna) in the case of electronic wallets.


The minimum amount that can be withdrawn is $30 and eToro charges a withdrawal fee of $5. which is high compared to other CFD brokers
Withdrawal methods are the same as the funding methods. You can only withdraw money to accounts in your name.

How long does it take to withdraw money from eToro?

Withdrawal requests take up to 1 business day to process.

The time taken to receive your payment may vary depending on the payment provider involved. The typical time frame per payment method can be seen in the table below:

Payment provider

Time taken to receive funds on your payment method

Credit / Debit card

3-8 working days


1-2 Working days


1-2 Working days


1-2 Working days

Wire Transfer

3-8 working days

How do I withdraw money from eToro?

  1. Click on the Withdraw Funds tab in the left-hand menu

  2. Enter the amount to withdraw (in USD)

  3. Complete the electronic withdrawal form as required

  4. Click “Submit”

eToro Review

eToro Fees

It is higher cost compared with regular cryptocurrency trading services

Stocks and ETF

The platform doesn’t charge any fees for trading stocks and ETFs for US-listed securities, a great feature that sets it apart from a wide range of platforms out there.

Since May 2020, this is valid for all countries but clients from Australia can only trade US stocks commission-free. Note that with the free feature, youre buying the real stock, not a CFD product and you cannot use leverage. eToro used to be primarily a CFD broker and they also let you trade stocks and ETFs as CFDs if you set the leverage to greater than one. For this CFD product, eToro charges low fees, i.e. the spread (the difference between the ask and the bid prices) is low.


CFDs are a popular way for trading different assets that allows greater flexibility – for example, leveraged trading and short selling.

CFD trading does not involve the acquisition of real assets, and incurs spreads and overnight fees.

For CFD trading, eToro’s fees are relatively low and they are built into the spread( the difference between the Buy and Sell prices of a certain asset). Spreads are a common way in which trading platforms charge fees.

Compared to its closest competitors, its fees are roughly in the same rang

eToro CFD fees for a $2,000 5:1 long position held for one week
SP 500 index CFD fee $2.4 $2.1 $2.6
Europe 50 index CFD fee $2.7 $1.3 $2.5
Apple CFD fee $6.3 $8.9 $6.4
Vodafone CFD fee $7.6 $6.


Meanwhile, forex pairs are fairly expensive to trade by using the eToro platform
eToro forex benchmark fees of a $20,000 30:1 long position held for one week
$19.6 $17.9 $24.5
GBPUSD benchmark fee $16.2 $14.0 $25.0
AUDUSD benchmark fee $12.4 $12.6 $25.1
EURCHF benchmark fee $11.8 $9.0 $22.1
$19.9 $14.6 $20.5

Wallet Fees

Send/Receive transaction fees

eToro charges no fees for sending or receiving transactions. Blockchain fees are applicable for sending and receiving.

Crypto-to-Crypto conversion fees

eToro charges a conversion fee of 0.1%. Conversion rates are set according to eToro market rat

Other fees

Inactivity fees
After 12 months with no login activity, a $10 monthly inactivity fee will be charged on any remaining available balance. No open positions will be closed to cover the fee.

Overnight fees
It depends based on current market conditions.

CopyTrader fees
There are no extra fees or hidden costs. Spreads and overnight fee may be applied according to each opened copied position as listed on this page.

CopyPortfolios fees
Investing in leading, thematic ready-made portfolios. There are no management fees or any kind of commission, other than those applied with assets comprising each portfolio. Stock portfolios are commission free.

Conversion fees
From 50 pips. Withdrawals and deposits are conducted in USD. Any other currency will have to be converted and, therefore, will incur a conversion fee.

Trading Feature

eToro has two distinctive innovations, both being great features, CopyTrader and CopyPortfolio.


Perhaps one of eToro’s most remarkable products which is certainly pioneering is the CopyTrading product. It allows you to copy the trades of other more experienced traders or have them copy you.

CopyTrader is the so-called social trading feature. it enables you to see what real people are trading in real time, find and follow the traders you like. This can be quite useful. You can browse through the profiles of other eToro traders, checking their previous performance on an annual and a monthly level. Their portfolio is also public information.

Additionally, eToro also applies a risk score to each trader. There are tons of more stats for each profile, like trades per week, average holding time, performance on charts, and you can also see their detailed profiles as well as their news feed comments. Imagine Facebook profiles, but with fewer inspirational and more market quotes.
eToro Review

Here are some minimums and maximums to keep in mind:

  • $200 is the minimum amount required to invest in a trader.
  • 100 is the maximum amount of traders you can copy simultaneously.
  • The maximum amount you can invest in a trader is $2,000,000.

There is one drawback of CopyTrader: you cannot close part of your position, only the full amount.

A few things to remember:

  • You can copy other traders in your virtual portfolio.
  • However, virtual portfolios cannot be copied, only real portfolios.

How do I start copying a trader?

On the eToro platform, you’ll see a Copy People button on the sidebar located at the left side of the screen, under the Discover section.
eToro Review
Clicking it will redirect you to our featured traders page, providing advanced search criteria to discover the trader most suitable for your trading needs and wishes!

Does it cost me to copy another trader at eToro?

Absolutely not. There are no additional charges for copy trading. eToro is a social trading platform that allows you to copy other traders of your choice so that any trades they open will automatically open in your account with a proportional percentage of your allocated funds.

eToros commission comes from the SELL/BUY spread of the trades you place and the good news is that spreads remain the same regardless of whether you are copying someone or trading manually.

Better yet, if youre a successful trader and want to gain a loyal following, you can join awesome Popular Investor Program and get paid for being copied.


CopyPortfolios is eToros premium portfolio management product.

Investing in CopyPortfolios will automatically copy multiple markets based on a predetermined investment strategy.

As a follower you can invest in two types of CopyPortfolios: Top Trader Portfolios which is built from the best performing traders on eToro, and Market Portfolios that group together a basket of CFD stocks, commodities or ETFs under one chosen strategy.

U.S. clients have four CopyPortfolios to choose from:

  • CryptoEqual which comprises leading large cap cryptocurrencies at equal allocation.
  • CryptoPortfolio which focuses on cryptocurrencies with a market cap of over $1 billion.
  • Crypto-currency which focuses on Bitcoin and Ethereum.
  • TheTIE-LongOnly CopyPortfolio

This new, thematic approach to investing is designed to help traders diversify their portfolios, minimize long-term risk, and take advantage of current market opportunities. Each CopyPortfolio is periodically re-balanced in order to get the most out of the thematic trading strategy upon which it is based.

It is important to note that each market under a CopyPortfolio is counted as a single trade and that each trade will open for you with the same proportional amount, as a percentage of your allocated funds.

eToro Review

What is the minimum amount required to invest in a CopyPortfolio?

CopyPortfolios operate like multiple traders, all working for you at the same time. As such, there are many underlying positions that are opened on your behalf. For that reason, the minimum amount needed to invest in TheTIE-LongOnly CopyPortfolio is $2,000 and the minimum for CryptoEqual, CryptoPortfolio, and the Crypto-currency CopyPortfolios is $5,000.

Are fees charged to close a CopyPortfolio?
As opposed to a traditional investment house, there are no management fees associated with investing in or closing CopyPortfolios. However, the underlying financial transactions initiated by a CopyPortfolio incur eToro’s spreads.

Customer Support

There’s a live chat feature but its difficult to find the live chat function on the website as it is hidden under the FAQ under the Help Center link.

You can chat with a live agent once you locate the light blue link to the chat service. Members of various levels of eToro’s Club, which kick in once you have a $5,000 balance or higher, are assigned a dedicated account manager. Accounts with $25,000 or more, at the Platinum Club level and higher, get perks that include priority customer support. Since the regular level of customer support can take seven days or more to solve a problem, priority service is appreciated.

Accounts under $5,000 can access help online, and in a pinch, submit a trouble ticket to eToro’s customer service. There’s no e-mail or phone support, as this broker relies on support tickets sent through the trading interface. The responses to these tickets are sent to the e-mail inbox of each user and the response time is typically fast – 24 hours or less. On the flip side, the customer service cannot be reached on the weekends.

Overall, eToro’s customer service is not the best out there but it should be sufficient to deal with basic issues.
eToro Review

Research Education


eToro has good technical analysis tools. There are some analyst recommendations and market sentiment indicators available, but no comprehensive fundamental data.

Research is available in 21 languages (the same languages that are available on the web and mobile trading platforms).


For some popular stocks, you can find recommendations, like analyst consensus (buy/hold/sell), average price target, hedge fund sentiment and insider trading sentiment. In some cases, you can also read the analyst reports. Unfortunately, these research features are available only for a very limited number of stocks
eToro Review

Fundamental data

Some basic fundamental data on stocks is available on eToros platform. This includes the profile of the company and some very basic indicators and ratios such as P/E, EPS, dividend yield and beta. No fundamental data is available for asset classes other than stocks.

You can also sign up for a daily market analysis newsletter in which you get a useful list of the market highlights.


eToros charting tool is quite good and you can use many, ca. 70 technical indicators. We liked that charts are automatically saved, so you don’t have to waste your time setting up your indicators time and again. On the negative side, you can only see the data for the past ca. 6 months, no longer time horizon can be set.
eToro Review

News feed

On the trading platform itself, you can also access the real time news feed. This is a live commentary created by the traders and investors at eToro. It gives others traders the opportunity to ask questions and comment.
Hashtags (#) are used for themes and dollar signs ($) for assets


“education is limited to several videos, this section of the site is very empty and could certainly do with some beefing up.”

eToro Review

With regards to the trading education, eToro has provided an “Interactive Trading Courses” section. The courses are divided into 2 categories, Trader Course and Investor Course. The course is quite limited and certainly not in-depth for traders that want to learn how to trade the markets. Additionally there is a platform guide which walks you through the platform use in 5 quick steps.

For practice, you can use a free demo account to ensures that the trading strategies can be put into play in the real world.


The platform offers a wide variety of CFDs and forex pairs along with the possibility of trading US-listed ETFs and stocks for free. The trading platform comes in 26 different languages. Charting tools include more than 70 technical indicators.

This online broker operates in more than 140 countries and has over 11 million clients based on recent reports.

One of biggest benefits of eToro is the social trading/copy trading feature. eToro is proud of its social trading platform and claims that as of June 1st 2018, 73% of 124 million copied trades have been profitable. People that wish to help others invest could really use this platform because they will engage freely and divulge information that could be helpful to other traders.

New traders also get to enjoy this platform because they get an account with virtual money to try and trade before they actually engage in the real market.

Some downside of eToro are the lack of MT4 availability, but the broker’s proprietary platform offers a user-friendly interface that is great for new traders. Forex fees are high and eToro only allows USD accounts, Live chat is hard to reach.

Overall,We think It is the world’s leading social trading network, with millions of registered users and an array of innovative trading and investment tools.

Yet, we would be glad to know your personal opinion about eToro, you may share your experience in the comment area below, or ask us for some additional information if required.

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