eToro review

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.
etoro

In this review we compared eToro with competition based on ⏩ fees, spreads, offer of trading assets and experience of traders. eToro legally operates in the European Union, United Kingdom and Australia thanks to CySec, FCA and ASIC licenses.


76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Basic information from eToro review

About the broker

Web:https://www.etoro.com/ 76% of retail investor accounts lose money when trading CFDs with this provider
Readers' rating749 Votes
83
License:CySec ASIC FCA
Supported languages:Czech, English, German, Polish, Spanish, French, Italian, Swedish, Portuguese and Russian
Year of foundation:2006
Holder:eToro group
Headquarters:24th floor, One Canada Square Canary Wharf E14 5AB London, E14 5AB, United Kingdom
Methods of contacting customer support:E-mail, online chat
Deposit methods:Bank transfer, VISA, MasterCard, Neteller
Withdrawal methods:Bank transfer, VISA, MasterCard, Neteller

About trading with eToro

Minimum deposit:100 USD
Min. trade:0.1t
Spreads:Look at the spread table - spread on the currency pair EUR/USD is 1.0 pips * on a standard account type
Underlying assets:
Might be a CFD.
Forex (45), cryptocurrencies (30)
Mobile app:Yes
MetaTrader 4:No
Other trading platforms:WebTrader
Social trading:No

Spreads & fees

Fees of most brokers change relatively often and unfortunately it is not in our possibilities to keep up-to-date information about fees at eToro, of course you can find current info on their website https://www.etoro.com/ 76% of retail investor accounts lose money when trading CFDs with this provider.

Spreads at eToro on standard account*

EUR/USDGBP/USDUSD/JPYEUR/GBPUSD/CHFEUR/JPY
1.02.01.01.52.0

* Spread was taken 15.02.2021 at 09:55 from the web or trading platform of eToro.

The broker has not yet been rated by the visitors of the website. Write a review.

Frequently Asked Questions

🧐 Is eToro a scam?

We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if eToro is a scam or not.

🆓 How to open a free demo account?

Opening a demo account with eToro is very simple, just register on their website.
Open a demo accountwww.etoro.com 76% of retail investor accounts lose money when trading CFDs with this provider
Is this an ad?

We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.

BrokerEnglishMin. depositSpread EUR/USD*PlatformsLicense
Readers' rating748 Votes
83
100 USD 1.0 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of Etoro.
In-house built platform FCAASICCySecetoro.comreview  EUR/USD*: 1.0 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of Etoro.
76% of retail investor accounts lose money when trading CFDs with this provider
Readers' rating768 Votes
86
0 0.9 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of XTB.
In-house built platformFCA CySecxtb.comreview EUR/USD*: 0.9 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of XTB.
Readers' rating475 Votes
79
100 USD 0.8 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of Plus500.
In-house built CFD platformFCAASICCySecplus500.comreview EUR/USD*: 0.8 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of Plus500.

* The spread is variable for most brokers and changes depending on market volatility.


Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Disclaimer:

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision. Copy Trading does not amount to investment advice.  The value of your investments may go up or down.  Your capital is at risk. 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. eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro review & user ratings

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