“eToro provides a unique trading offering to Trade, Invest and CopyTrade on a wide variety of different asset classes on its own simple to use and feature-rich trading platform for web and mobile.”
From our observations, eToro provides a simple yet feature-rich trading experience. Users can access margin-based trading via CFDs, invest in underlying Stocks and ETFs and buy underlying cryptocurrencies, all from just one trading platform and on a commission-free basis with just spreads and swaps payable on certain products.
Furthermore, the platform is simple to use and is a leader in social trading enabling users to access CopyTrading services, as well as join the Popular Investor Programme to earn money if other people copy you. Fortunately, the trading platform is simple to use with transparent fees.
Both beginner and advanced traders will enjoy the trader research and education tools offered, and the ability to track other traders and view statistics of other people’s portfolios all from the same platform.
Is eToro regulated?
Yes, by the FCA, CySEC and ASIC.
Where is eToro based?
eToro is based at eToro (UK) Ltd, 24th floor, One Canada Square, Canary Wharf, London, E14 5AB.
How does eToro make money?
eToro makes money mainly through spreads and swaps on certain products.
How do I deposit in eToro account?
Funds can be deposited into a trading account via bank wire transfer, credit/debit cards, PayPal, Neteller, Skrill, Rapid Transfer, iDEAL and Klarna.
What is the min. deposit for eToro?
The minimum deposit is $200.
How do I withdraw money from eToro?
Withdrawals can be made from eToro via bank wire transfer, credit/debit cards and PayPal.
What is the max leverage in eToro?
The maximum leverage offered by eToro is 30:1 for retail clients and 400:1 for professionals.
How do I open an account with eToro?
An account can be opened at the click of a button on the eToro website and can be done in just a few steps.
Does eToro use MetaTrader?
“eToro is a globally regulated broker and operates a leading Social Trading Platform for Copy Trading services. Users can also access CFD Trading, Investing and Professional accounts to trade a wide variety of markets including Stocks, ETFs, Crypto, Indices, Commodities and Currencies.”
eToro was founded in 2007 and is authorised and regulated around the world through its different subsidiaries. This includes regulation from the Cyprus Securities and Exchange Commission (CySEC), the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).
The broker offers a wide range of products through the eToro trading platform and mobile app and includes the ability to trade on more than 2,000+ financial CFD instruments covering Stocks, Indices, Commodities, Currencies and Cryptocurrencies. Users can also access ready-made CopyPortfolios, open Investing Accounts with zero commission, Professional Accounts and access social trading services via CopyTrader which is eToro’s most popular feature.
With eToro, users can also access a wide variety of educational tools such as a Daily Market Review, Video Tutorials, a Trading School, a Podcast and News and Analysis section. This is on top of the research provided by CopyTrading providers in their own channels.
Users can deposit funds commission-free from a wide variety of methods including bank wire transfer, credit/debit card, Neteller, Skrill and other e-wallets. eToro also provides a Help Center for registered users to open customer support tickets with an up to seven day response time. They also provide a Live Chat feature but this is not available in all regions.
- FCA, CySEC, ASIC regulated.
- Commission-free trading and fee-free deposits.
- Industry-leading social trading platform for CopyTrading.
- Trade, Invest, CopyTrade on more than 2,000+ instruments.