About its history and mission
eToro is known worldwide for its unique form of social trading. They boast more than 30 million accounts worldwide. eToro abides by strict, strong regulatory frameworks to ensure safety and transparency when dealing with investors. The uniqueness of its platform is underscored to be user-friendly. Some of the features include the CopyTrader™ and Smart Portfolio.
Advantages:
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A great selection of cryptoassets are available with over 80 to choose from
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You can buy the underlying crypto asset
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Fractional trading is available that makes it very accessible
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The eToro Wallet is a great proprietary storage solution.
Disadvantages:
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The eToro crypto spread can be high particularly on more volatile assets
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Less cryptos are available here than you will find on a traditional exchange
- Founded
- —
- Headquarters
- Address
- Website
Strengths and Weaknesses
Strengths
- A great selection of cryptoassets are available with over 80 to choose from
- You can buy the underlying crypto asset
- Fractional trading is available that makes it very accessible
- The eToro Wallet is a great proprietary storage solution.
Weaknesses
- The eToro crypto spread can be high particularly on more volatile assets
- Less cryptos are available here than you will find on a traditional exchange
Safety and Regulations
The eToro has a structured authorization: Users' funds sit in tier-1 banks, and the broker employs SSL encryption to protect all user data. Negative balance protection ensures users cannot lose more than the balance they have in their account.
Regulators
- Financial Conduct Authority (FCA) in the UK.
- Cyprus Securities and Exchange Commission (CySEC).
- Australian Securities and Investments Commission (ASIC).
Instruments Available
Types of Accounts
Standard
- Minimum deposit
- $0
- Commission
- 1.0
- Available tools
- 0
- Leverage
- 1:1 to 1:400
- Margin call level
- Stop-out level
- 50
Fees and Charges
Easy to remember charges at eToro are:
- Stock trading
- No trading fees or commission charges apply to stock exchanges, with 1 pip forex spreads.
Trading Platforms
CopyTrader™
CopyTrader™ - Follow and replicate the trades of successful investors
Smart Portfolios
Smart Portfolios - Trades diversified portfolios designed and managed by eToro-Qi
Analytics Tools
Analytics Tools - Basic charting and technical analysis for informed trading
Customer Support
Contact information not available. Visit the broker’s website for support options.
Deposits and Withdrawals
Methods
- Processing time
- Processing times are generally instant for deposits, while for withdrawals, it takes 1-3 business days.
- Fees
- Withdrawal fee is pegged at $5 while very little to no fees are charged upon deposits.
FAQ
Is eToro regulated?
What are the trading platforms available?
What is the minimum deposit to open an account?
What is the maximum leverage available?
Users reviews
Christian Agbalekpor
Feb 9, 2025
I must say, this platform has proven to be exceptionally dependable. The quick trade execution has significantly enhanced my overall experience. 😊
Dimitris
Feb 8, 2025
When it comes to selecting a platform, nothing else quite compares!
Mohammed Usman Ali
Feb 8, 2025
I tend to favor brokers that operate without a dealing desk, which is why FxPro caught my attention. They offer a diverse range of platforms, such as MT, along with a variety of assets to trade. However, I must admit that my experience didn't quite leave me amazed.
Showing 1–3 of 10 reviews