eToro Review: Pros, Cons, And How It Compares | 2026 Update
This eToro review has been updated for 2026 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about eToro to give you the most comprehensive guide available.
eToro is a leading trading partner that was founded in 2007. They have around 1200 staff that help the company offer online brokerage services, copy trading, social trading, retail forex trading, and CFD's, to 20,000,000+ clients through web trader, tablet & mobile apps.
eToro Guide – Read our In-Depth eToro Review
eToro Rating: 8.60 / 10
This eToro review page contains information about investing with eToro. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of eToro does not apply to users in Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
This eToro review contains the most recent information surrounding eToro.
If you're a new entrant in the realm of online trading and brokers, so many facts will no doubt be confusing for you. Getting into the world of online trading requires expert analytical skills and thorough understanding. You'll get proficient at all the concepts of trading online and brokers while you keep trading. For starters, you need to select the ideal broker who will constantly be clear with you.
Within the fast-paced universe of stock markets and online trading, you will need guidance to make sensible decisions. A professional, direct investment plan could aid you in minimising any potential losses and maximising any profits. eToro is one such broker that can help you. It is crucial to know all you can about any broker before you trust them with your cash.
When engaging in online trading with platforms such as eToro, it's crucial to carefully assess eToro as your broker, as this choice can greatly influence your success. Selecting the right broker is vital for your eToro investments to flourish. However, be cautious of fraudulent and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be cautious and methodical in your eToro broker selection to protect your hard-earned money. Performing your due diligence and researching the reliability of eToro, its track record, and reputation is vital. Moreover, ensure the eToro broker's offerings, trading tools, fees, and regulation align with your requirements.
Remember, eToro should be a trusted partner on your trading journey.
Our team has worked diligently to simplify the intricate world of trading with eToro into easily understandable information in this eToro review. Our goal is to equip you with the knowledge necessary to confidently use eToro trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with eToro are the cornerstone of successful trading. As such, we've provided this comprehensive eToro review. So, settle in, grab a cup of coffee, and immerse yourself in learning about eToro and how it can benefit you, or if eToro might not be the right fit for you.
eToro Guide for 2026 – Quick Summary
| eToro Telephone: | |
| eToro Support Email: | support@etoro.com |
| eToro Address: | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB |
| Year Founded: | 2007 |
| Regulated By: | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) |
| Hedquarters: | Cyprus, UK |
| Minimum Deposit: | $50 |
| Number Of Clients: | 20,000,000+ eToro users and traders |
| eToro TrustPilot: | https://uk.trustpilot.com/review/www.etoro.com |
| eToro LinkedIn: | https://www.linkedin.com/company/etoro/ |
| eToro Facebook: | https://www.facebook.com/eToro |
| eToro Facebook Likes: | 2,155,504 |
| eToro Twitter: | @eToro |
| eToro Twitter Followers: | 270,600 |
| eToro Instagram: | https://www.instagram.com/etoro_official/ |
| eToro Instagram Followers: | 95,000 |
| eToro Youtube: | https://www.youtube.com/user/etoro |
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67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies |
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Our full eToro review for beginners covers all you will need to know about trading with eToro. A good agent can use your first investments and help to protect it from losses but also give you a platform that can help to provide you positive profits. If you want to earn profits, you should trade with a brokerage service that contrasts with your investing objectives.
Of course, there's absolutely no sure-fire way to ensure profits; thus, you must carefully analyze your agent before you choose them. It is a frequent misconception that all brokers will be exactly the same, but that is not true. Wrong judgment, initially, can set your investments at risk.
eToro is a trading partner that has found its way successfully to the broker world. In this review, we have attempted to collate a number of the vital facets of eToro. This guide can allow you to understand whether eToro is a great match for your investments or not. We've attempted to breakdown all of the features and charges for your advantage.
Who are eToro?
eToro is a forex broker with its head office in Cyprus, UK and provides a range of tools for trading. Since its beginning in 2007 they have emerged as a top-tier player in the industry of online trading. eToro includes an extremely professional and full-featured trading site that is focused on forex, indices, metals, stocks and commodities.
Over the past 19 years, eToro has grown into one of the top online brokers available to the public.
After being founded in 2007, their client base has become as large as 20,000,000+ clients.
eToro is a favourite for many online traders . Our eToro account review found that they are a superb choice for online trading solutions. They are best suited for investors who are looking for a variety of assets. Social and easy to use trading solutions are the heart at eToro.
Technology plays a significant role in eToro. They features trading on web trader, tablet & mobile apps. eToro is fair, transparent, and also a well-regulated broker by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
Who Founded eToro?
The founders of eToro are Yoni Assia, Ronen Assia, David Ring
The creators of eToro are known for their expertise in the sphere of internet trading. However, there are a lot of other key men and women in eToro who have a substantial impact on it's success.
The educational department at eToro is very comprehensive for new traders as it allows them to get a closer look at the financial markets. eToro caters to all sorts of traders and are a must-have broker for almost any well-diversified method of online trading.
eToro Review Videos
Benefits of using eToro in 2026
Trading with eToro comes with numerous advantages. These advantages are what sets eToro ahead of the rest of the online agents. You need to check all the advantages listed so that you have a better comprehension of eToro.
The broker goes to great lengths to comprehend what traders need. As a result, the support, fast, and convenient. The agent also gives a variety of platforms for all kinds of traders. eToro helps to ensure that the individual needs of all traders are met to the best of their capabilities.
eToro also includes excellent trading conditions that are readily available to all and not just an elite group of institutional customers. The tight spreads and quick executions are a fantastic benefit for all traders. The technology adopted by eToro is among the highest caliber, making sure that it is fast, reliable, and effective.
eToro admits the importance of having a fast order execution. A fast implementation will allow users to trade without worrying about slippage safely. It will also help the traders to catch any opportunities.
Copy trading is another major aspect of eToro. A new trader can learn from business experts utilizing the automated copy trading option. This means you can see well performing brokers and instantly mirror their trades and benefit from their experience
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, eToro offers social trading which encompasses leading traders sharing their knowledge with the community. eToro's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading
eToro has over 100 trading instruments to support all kinds of traders. These tools are lively and convenient for both the new and experienced traders. All dealers can put aside all their concerns when trading using eToro.
eToro Overview
Year Founded: 2007
Regulated By: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Hedquarters: Cyprus, UK
Minimum Deposit: $50
Number Of Clients: 20,000,000+
67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies
If you feel that eToro is not right for you then at the bottom of this eToro review you will find a lot of alternatives to eToro.
Everything you ought to know about trading using eToro
eToro is a dynamic platform that offers various methods of trading. These instruments cover the financial markets substantially. Most of the broker platforms provide fewer approaches than eToro
If you want to trade with eToro, you'll need a minimum deposit of $50. This deposit is required if you want to start trading with eToro. This 2026 eToro review will direct you safely about trading with them.
eToro is as flexible as another brokerage platform. eToro is ideal for traders that want a manageable array of cheap services. The platforms offered by eToro are third-party, white-label offerings. All traders may pick from web trader, tablet & mobile apps
Together with everything, eToro has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time on which a transaction has to be kept available. The agents offer premium customer service that rewards clients with benefits.
Many unethical brokers try to pressurise users into larger funding for superior services. eToro, however, is more concentrated on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the more benefits will become available.
eToro accounts are available around the world and provides excellent service wherever they have customers. There are a few countries where eToro accounts are not available. Traders in the following countries cannot open or use a eToro account:
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
Is eToro Safe To Trade With In 2026?
Established in 2007, eToro has been operating for 19 years, they are headquarted in Cyprus, UK
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). These figures have rules that ensure that trading platforms have steps in place to keep investor's assets procured. This usually means that eToro users don't need to be worried about their money as it is segregated and safely stored in banks that are established. SSL encryption simplifies each user's personal information also.
You are able to make use of a choice for Two Factor Authentications (2FA) with eToro for increased safety. An SMS for the confirmation code will be sent to your phone. You'll be required to enter this code to log into your account.
Another concern with fiscal brokers is in respect to security might be manipulation of trading. This is highly disadvantageous for users on these platforms. Nonetheless, this is much more prevalent in the example of Market Maker brokers who compete with users on the stage.
eToro Risk Disclaimer
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
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 customers resident in the United States only have access to cryptocurrencies
Pro's & Con's Of Trading With eToro
Every online trading platform has a few ups and downs, and no eToro review would be complete without having a balanced approach. This eToro review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
eToro Pro's
eToro is highly rated by us.
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
eToro has been trading for 19 years.
eToro offers customer support over the phone.
eToro provides customer support over email.
eToro gives access to customer support over livechat.
eToro is an award winning broker.
eToro has a low minimum deposit requirement.
You can trade Cryptocurrencies with eToro.
eToro has over 100 employees.
eToro offers social trading.
eToro offers copy trading.
eToro allows commodity trading.
You can trade metals with eToro.
You can trade energies with eToro.
eToro Con's
eToro doesn't offer guaranteed stop loss. eToro doesn't offer negative balance protection. eToro charges withdrawal fees. eToro charges inactivity fees. eToro doesn't allow scalping. eToro doesn't allow hedging.Compare Brokers Similar To eToro
Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
eToro, as a business, has a powerful collection of rules for ensuring fair trading on its own platform. For data encryption purposes, it provides an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, client data is to not be shared with some other institutions or individuals. This includes credit history and other financial information.
eToro Awards
eToro have won many industry awards over the years they have been running as an online broker. We show the most recognised awards for eToro here.
- In 2011 eToro was awarded Best Social Trading Network by the World Finance Awards.
- In 2011 eToro was awarded Best Trading Software Provider.
- In 2011 eToro was awarded Best Mobile Trading Platform.
- In 2013 eToro was awarded Best Trading Platform.
- In 2019 eToro was awarded Best Platform for Trading Cryptocurrencies.
eToro Trading Platforms
eToro are a trustworthy trading platform that has been trading for over 19 years. They offer a large range of options in their customer accounts.
Below we take the main parts of any great online brokerage and compare eToro with Startrader, and freetrade.
eToro MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with eToro in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. eToro MetaTrader 4 is compatible with the latest macOS. eToro allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and eToro
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With eToro MetaTrader 4 On iOS Devices
You can download the eToro app or also trade with eToro through the MetaTrader 4 application on the Apple app store.
Download the eToro MetaTrader 4 Program free of charge from Apple's App Store. eToro customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With eToro MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. eToro provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 20,000,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android eToro MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you must deposit to get started on eToro is $50. This is an adequate amount for people just starting out. It's possible to make more advanced deposits as you cooperate. But, ensure you know how to make the most of your money before investing in larger amounts.
Commission And Fees Explained
eToro is an online broker platform, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. That is, an internet broker is not necessarily affected by the number of customers they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 types of fees for this objective.
The first sort of charges to look out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you're charged trading charges. In these instances, you are paying a spread, funding speed, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight rates are those who are charged when you hold a leveraged position for longer than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake in your account. They are charged for operations like depositing money, not trading for long periods, or withdrawals.
Generally, eToro does not charge high fees in comparison to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for people who often trade, such as weekly or daily trading.
However, non-trading fees billed by eToro are comparatively lower. Consequently, you're billed more for non-trading activities in your trading accounts, like deposits and withdrawal. These are not about the purchase and sale of resources.
This eToro review breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees Of eToro
eToro Withdrawal Fees Explained
eToro charges a withdrawal fee when you make a bank transfer. Every time you transfer money into your bank accounts, these withdrawal charges become applicable.
Withdrawal of money is possible at any moment from your eToro account. You can draw up sums to the sum of your account balance, keeping aside the perimeter used. 1 thing to remember is that you don't always need to have any cash on your account.
In addition, the withdrawn money will be moved directly to the account you use to create deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn money is going to be sent to the cardeToro will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the money you are choosing to withdraw in.
eToro Inactivity Fees Explained
eToro charges an inactivity fee if you don't make any trades for a while.
Even if no fees have been implied by eToro, it's better for you to close the account if you're inactive. Inactivity fees are not just charged by brokerage companies but also many financial services.
For additional trading platforms, the inactivity fee depends upon the type of account you have selected. The inactivity fee is subjected to many circumstances and needs to be disclosed clearly by the broker beforehand.
eToro Deposit Fees Explained
When you transfer money into your trading account from your bank account, a deposit fee can be charged by the broker. Most brokers don't charge an excessive amount of money for this particular operation.
eToro doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the eToro trading platform is simple. You simply have to finish a single-user profile questionnaire to start depositing money into your trading account. You'll have to give an identity evidence and proof of residency to deposit large sums.
Compare eToro Vs Other Broker Deposit Methods
What Can You Trade With eToro in 2026?
Note: eToro provides many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered may differ based on the country of residence of the client.
eToro has a wide variety of over 100 instruments available for you to trade with.
If trading forex pairs is of interest to you then eToro offer over 50 forex pairs.
Compare eToro, Startrader & freetrade below.
eToro Trading App Review
Note: eToro's mobile app has a lot of functionality and is being developed all the time. The below information was accurate at the time of writing this eToro broker review.
Understand the capabilities of the mobile apps of eToro, Startrader & freetrade below.
Trading Education Available At eToro
Understand the trading resources available with eToro, Startrader & freetrade below.
eToro Customer Support
For our eToro broker review we examined the customer service options, response times and on the eToro trading platform problem solving effectiveness. eToro support various languages, including English, German, Spanish, French, and Italian
eToro Live Chat Support
We tried the livechat experience with eToro and it works well. We made a request through the eToro livechat through their app and website and received a response after 10 seconds. There was sometimes no response.
We have tested communication with eToro support in multiple languages across multiple countries. eToro were able to resolve our customer issues.
eToro Phone Support
We phoned eToro and the call was answered extremely quickly. We were able to have the call answered in less than five to ten minutes.
The eToro phone support team was able to effectively address our queries and problems via phone. We tried the multilingual eToro team by making calls in various languages. eToro made an effort to ensure our queries were answered.
The overall support via phone from eToro was good.
eToro Email Support
We sent several messages to eToro and the response times were all acceptable. The fastest email response time from eToro was 3 hours and the longest response time was 3 days! There were times when there were no responses. Response times to support may differ for you at eToro, however we have had this experience sending out 10 emails at various times.
The team resolved and answered our queries. Overall average email support from eToro was good.
Alternatives To eToro
If, after studying this eToro review, they do not quite fulfill your needs check out these eToro alternatives.
We have scoured the web to find the best alternatives to eToro. Click on the links below to learn more.
Frequently Asked Questions
Can I try eToro before I buy?
Yes, you can most definitely try eToro before you buy. eToro provides demo accounts for the ease of new traders. You may use this feature to build your faith in the system and yourself and your trading strategies.
If you register for a demo account with eToro, you will set out using a decent amount of virtual money. It's to establish a sense of security and confidence in you until you choose to invest your own money.
With a digital eTorodemo account, you can experiment in any way, to whatever length you wish. You might also open positions, examine different trading strategies, and much more.
eToro shows on its official site that you are able to trade real time stocks in a demo account.
Is eToro safe?
It is possible to drop all of your worries because we believe that eToro is perfectly safe to use. It's in compliance with the principles of Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Nevertheless, eToro doesn't provide assured stop-loss protection.
Why does eToro ask for my passport?
The reason that eToro asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, eToro has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, eToro must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with eToro?
The process to start trading with eToro is super simple. You need to begin by signing up on the eToro website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but eToro are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with eToro is $50. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with eToro.
The best way to kickstart your trading career with eToro is to open a demo account facility before risking any real money
What funding methods do eToro accept?
There are a number of ways to fund your accounts with eToro. The process is effortless and quick, with different payment methods in your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You have to keep in mind that PayPal isn't available in all place. The currencies eToro accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity as well, though it takes approximately 4-7 days.
Is my money safe with eToro?
Yes, your cash is safe and secure with eToro. As you already know, eToro operates with proper conformation to regulations. It has established lots of steps to guard all its investors.
eToro protects its clients' private and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you wish to further protect your accounts, it is possible to empower Two-Step Verification as well. It takes an SMS confirmation for you to access your account.
Is eToro trading good?
Yes, trading via eToro is a nice and good experience indeed. It is a great and intuitive platform with helpful features for your ease. Moreover, you could even gain access to a vast collection of educational tools and assistive substance to kickstart your trading expertise.
If you remain skeptical, it is possible to open a eToro demo account and evaluate the credibility of the platform on your own.
Which Countries do eToro support?
eToro operates across the world. However, due to regulations eToro can't accept clients resident in Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
Is eToro legit?
eToro is a legit company headquarted in Cyprus, UK since 2007. They are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). eToro is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is eToro a good broker?
eToro is a great agent, and its users may vouch for this. The highlight of the platform is its quick order execution on transactions.
You'll find the clean layout of the platform along with the commendable features are pleasant to work with.
Is eToro a trustworthy broker?
Yes, eToro is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 20,000,000+ users registered with them can affirm to their trustworthy nature.
Click here to see the eToro TrustPilot page
What is the minimum deposit for eToro?
The minimum deposit to open a live account with eToro is $50
How long do eToro withdrawals take?
Normally, withdrawal of money from eToro is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from eToro to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is eToro regulated?
eToro are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Is eToro a market leading broker?
eToro is currently among the industry leaders. It supports over 20,000,000+ registered customers and over 19 years of experience on its own record. They are one of the world's top trading platforms and a prominent figure in the Fintech revolution.
It simplifies this status to its incredible platform and wide range of resources plus tools so you may invest in capital markets.
Is eToro a con?
No, eToro is not a con. They are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules. Thus, it is safe to say that eToro is not a scam.
Can you make money with eToro?
Through eToro, several traders earn a lot of money. But, just like all online trading platforms, it is important to note that traders can also lose money. In particular, 67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies
This may seem like a small number, but over the year, it adds to a significant number of gains. Even though eToro provide you all the tools to make money, they can't guarantee you will gain.
Does eToro have fees?
Yes. To start trading using eToro, you have to deposit $50. Particular commissions while trading also applies. Any processing fees from your bank will need to be incurred by you.
When was eToro founded?
eToro was founded in 2007 in Cyprus, UK. eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
How many people use eToro?
eToro is a worldwide recognised broker with 20,000,000+ clients.
Where is the eToro head office?
eToro has its head office in Cyprus, UK
Does eToro offer negative balance protection?
No. eToro doesn't provide negative balance protection. If your balance is negative, eToro indicates that you promptly contact customer services. With this, you can fix any imbalances in your own account.
Does eToro offer guaranteed stop loss?
eToro, unfortunately, does not provide guaranteed stop loss. eToro provides a chance to its dealers to close their trades in their specified price. Apart from that, eToro doesn't provide guaranteed stop loss.
Does eToro allow scalping?
No, the stipulations of eToro do not condone scalping. It's a trading technique that is not permitted on the broker's platform. You should refer to eToro's provisions and conditions to see more about its policies.
Does eToro allow hedging?
No, unfortunately eToro does not allow hedging.
Can you trade energies with eToro?
Yes, you can trade energy stocks with eToro
Can you trade agricultural shares with eToro?
Yes, you can trade agricultural stocks with eToro
Can you trade cryptocurrency with eToro?
Yes, you can trade cryptocurrency with eToro
Can you trade metals with eToro?
Yes, you can trade metals with eToro
Can you trade UK Shares with eToro?
Yes, you can trade UK shares with eToro
Can you trade US Shares with eToro?
Yes, you can trade US shares with eToro
Can you trade Japanese Shares with eToro?
Yes, you can trade Japanese shares with eToro
Can you trade German Shares with eToro?
Yes, you can trade German shares with eToro
Does eToro accept bank transfers?
Yes, eToro accepts bank transfers for depositing money.
Does eToro accept credit cards?
Yes, eToro accepts credit cards for depositing money.
Does eToro accept PayPal?
Yes, eToro accepts PayPal for depositing money.
Does eToro accept Skrill?
Yes, eToro accepts Skrill for depositing money.
Skrill (formerly Moneybookers) is a digital wallet provider established in 2001. It offers a range of online payment and money transfer services.
Since its launch, Skrill has expanded to be available in more than 120 countries and has a digital wallet that is available in 40 different currencies. Customers can deposit money into their Skrill wallet using various options for payment, including credit cards, bank transfers, and several alternative payment options. The funds can later be used to pay merchants or other Skrill users, or transferred into crypto.
Skrill also provides cross-border payment through its remittance service Skrill Money Transfer. It allows customers to send money to an account at a bank overseas with their bank card. In 2015, Skrill was acquired by the Paysafe Group along with former competitor Neteller and the prepaid payment company paysafecard.
Skrill has a variety of licences that permit it to provide its services across Europe and around the world. Skrill is run via Paysafe Payment Solutions Limited, an entity that is incorporated in Ireland and regulated by Central Bank of Ireland, for its European authorized activities. Skrill's activities outside of Europe are managed by European Economic Area are operated by Skrill Limited - a company incorporated within the United Kingdom and regulated by the Financial Conduct Authority.
Does eToro accept Payoneer?
Yes, eToro accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. This company is a specialist in cross-border B2B transactions. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.
Does eToro accept Neteller?
Yes, eToro accepts Neteller for depositing money.
Does eToro offer Live Chat customer support?
Yes, eToro offers customer support through live chat.
Does eToro offer phone customer support?
Yes, eToro offers customer support over the telephone.
Does eToro offer email customer support?
Yes, eToro offers customer support through email.
What languages can eToro communicate in?
eToro has the ability to communicate and support customers who speak: English, German, Spanish, French, and Italian
Does eToro have a wikipedia page?
Yes, eToro does have a wikipedia page. It can be found at https://en.wikipedia.org/wiki/EToro
Does eToro offer demo accounts?
Yes, eToro offers virtual portfolio accounts so you can learn their systems before risking any real capital. Inexperienced traders can open a virtual portfolio account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before risking a live account.
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