eToro Review: Pros & Cons | Updated for 2025
This eToro review has been updated for 2025 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 professional broker that was founded in 2007. They have around 1200 staff that help the company provide online brokerage services, copy trading, social trading, retail forex trading, and CFD's, to 20,000,000+ customers 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 details about eToro.
If you are a new entrant in the world of trading online and brokerages, so many details will no doubt be confusing for you. Getting into the area of online trading requires expert analytical skills and thorough understanding. You'll get proficient at all of the concepts of trading online and brokers as you continue trading. For starters, you have to select the ideal agent who'll always be clear with you.
Within this fast-paced world of financial markets and trading, you'll need guidance to make educated decisions. A professional, direct investment online trading platform could help you in minimising any losses and maximising any returns. eToro is one such stage that can help you. It's important that you learn all you can about any broker until you trust them with your money.
When engaging in online trading with platforms such as eToro, it's crucial to carefully assess eToro as your broker, as this choice can determine your success. Selecting the right broker is vital for your eToro investments to prosper. However, be cautious of bogus and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be cautious and rigorous in your eToro broker selection to protect your hard-earned money. Performing your due diligence and researching the trustworthiness of eToro, its track record, and reputation is vital. Moreover, ensure the eToro broker's offerings, trading tools, fees, and regulation align with your preferences.
Remember, eToro should be a reliable companion on your trading journey.
Our team has strived 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 2025 – Brief 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 everything you need to know about trading with eToro. A fantastic broker can take your first investments and help to protect it from losses but also provide you a platform that can help to provide you favourable profits. If you want to make profits, you should trade with a brokerage service that aligns with your investing goals.
Of course, there's absolutely no sure-fire method to guarantee profits; thus, you should carefully assess your broker before you select them. It is a frequent misconception that all brokers will be exactly the same, but that is not correct. Wrong judgment, initially, can set your investments in danger.
eToro is a trading partner that has paved its way successfully into the brokerage world. In this review, we have attempted to collate a number of the important facets of eToro. This guide can help you to learn whether eToro is a fantastic match for your investments or not. We have tried to breakdown all the features and fees for your advantage.
Who are eToro?
eToro is a online trading broker with its head office in Cyprus, UK and provides a range of instruments for trading. Since its start in 2007 they have emerged as a leading player in the industry of online trading. eToro has an extremely reputable and full-featured trading site that's focused on forex, indices, metals, shares, commodities.
Over the past 18 years, eToro has developed into one of the best online brokers available to the public.
After establishing itself in 2007, their customer base has increased to 20,000,000+ clients.
eToro is the favourite for many online traders . Our eToro account review found that they're a superb solution for online trading options. They are most appropriate for investors that are looking for an assortment of assets. Social and easy to use trading options are the core at eToro.
Technology plays a significant role at eToro. They offers trading on web trader, tablet & mobile apps. eToro is honest, transparent, and also a well-regulated broker by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). Their outstanding array of tools will be beneficial for most traders. Third-party partnerships also supply in-house analysis.
Who Founded eToro?
The founders of eToro are Yoni Assia, Ronen Assia, David Ring
The founders of eToro are famous for their expertise in the sphere of internet trading. However, there are a lot of other key staff in eToro who have a substantial contribution to it's success.
The educational department at eToro is quite comprehensive for new traders since it allows them to have a closer look in the financial markets. eToro caters to all types of traders and are a must-have broker for almost any well-diversified method of online trading.
eToro Review Videos
Benefits of online trading with eToro in 2025
Trading with eToro comes with numerous benefits. These advantages are what sets eToro ahead of the rest of the online agents. You need to check all the benefits listed so that you have a better comprehension of eToro.
The broker goes to great lengths to understand what dealers need. Consequently, the support, fast, and convenient. The broker also provides a number of platforms for all kinds of traders. eToro ensures that the individual needs of all traders are met to the best of their capabilities.
eToro also features excellent trading conditions which are readily available to all and not just an elite class of institutional customers. The tight spreads and fast executions are a fantastic benefit for all traders. The technology adopted by eToro is among the highest caliber, making sure that it's fast, reliable, and efficient.
eToro acknowledges the significance of owning a quick order execution. A fast implementation enables users to exchange without fretting about slippage safely. It is going to also help the dealers to catch any opportunities.
Copy trading is another important facet of eToro. A new dealer can learn from industry experts using the automatic copy trading alternative. This allows you to monitor the best performing brokers and instantly copy 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. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is independent copy trading.
eToro has over 100 trading tools to support all types of traders. These tools are lively and convenient for both new and experienced traders. All traders can set aside all their concerns when trading with 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 with eToro
eToro is a dynamic platform that provides various techniques of trading. These tools cover the monetary markets considerably. The Majority of the broker platforms provide fewer methods than eToro
If you wish to exchange with eToro, you'll require a minimum deposit of $50. This deposit is compulsory if you want to start trading with eToro. This 2025 eToro review will guide you easily about trading with them.
eToro is as versatile as any other broker platform. eToro is great for traders who want a manageable assortment of cheap services. The programs provided 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 no minimum time over which a trade must be kept available. The agents provide premium client service that rewards clients with advantages.
Many unethical brokers attempt to pressurise consumers into larger funding for premium services. eToro, on the other hand, is much more focused on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the consumer, the more advantages will come along.
eToro accounts are available globally and provides quality service wherever they have clients. There are some select 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 2025?
Launched in 2007, eToro has been operating for 18 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 make sure that trading platforms have measures in place to maintain investor's assets procured. This means that eToro users do not need to be worried about their money as it's segregated and safely stored in established banks. SSL encryption secures every user's personal information also.
You can make use of an option for 2 Factor Authentications (2FA) with eToro for heightened security. An SMS with the confirmation code will be sent to a phone. You will be required to input this code to log into your account.
Another concern with fiscal brokers with regards to safety may be manipulation of trading. This is highly disadvantageous for users on those platforms. Nonetheless, this is more prevalent in the example of Market Maker agents 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 will have some pros and cons eToro review would be complete without showing both sides. 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 18 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 company, has a powerful set of rules for ensuring honest trading on its own platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, customer data is never to be shared with some other institutions or individuals. Including credit history and other financial information.
eToro Awards
eToro have won a lot of industry awards over the time they have been running as a financial broker. We show the most notable awards for eToro below.
- 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 professional broker that has been operating for over 18 years. They offer a wide range of options in their client accounts.
Below we take the main parts of any reputable 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 that you need to get started on eToro is $50. This is a decent amount for people just beginning. You can create more advanced residue as you cooperate. However, make certain you understand how to make the most of your cash before investing in larger amounts.
Commission And Fees Explained
eToro is an online brokerage platform, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. That is, an internet broker is not necessarily influenced by the number of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 different types of penalties for this purpose.
The first sort of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In these cases, you're spending a spread, financing speed, or a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the gap between the buying and selling price. Financing or overnight prices are those who are charged when you maintain a leveraged position for more than a day.
Aside from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They're charged for services like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, eToro does not charge high fees compared to other online agents. For operations other agents fee for, they do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who often exchange, for example daily or weekly trading.
But, non-trading fees billed by eToro are comparatively lower. As a result, you are charged more for non-trading actions on your trading account, such as withdrawal and deposits. These aren't related to the sale and purchase of assets.
This eToro review breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees Of eToro
eToro Withdrawal Fees Explained
eToro charges a withdrawal fee if you create a bank transfer. Every time you move money back into your bank accounts, these withdrawal charges become important.
Withdrawal of money is possible at any time from your eToro account. You can withdraw up sums to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to remember is that you don't always need to have any money in your accounts.
In addition, the withdrawn money will be moved directly to the accounts you use to create deposits. Therefore, in the event that you used a credit card for deposits, the withdrawn cash will be sent into 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 the event you are withdrawing cash in various currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the currency you are opting to draw in.
eToro Inactivity Fees Explained
eToro charges an inactivity fee when you don't create any trades for a while.
Even if no fees have been implied by eToro, it is better for you to close the account if you're inactive. Inactivity fees aren't only charged by broker firms but also many financial services.
For additional trading platforms, the inactivity fee is contingent upon the type of account you have selected. The inactivity fee is subjected to many conditions and needs to be revealed clearly by the agent beforehand.
eToro Deposit Fees Explained
When you transfer money into your trading account from the bank account, a deposit fee can be billed by the broker. Most agents 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 money onto the eToro trading platform is simple. You simply have to complete a single-user profile questionnaire to start depositing money into your trading account. You will need to provide an identity proof and evidence of residency to deposit substantial sums.
Compare eToro Vs Other Broker Deposit Methods
What Can You Trade With eToro in 2025?
Note: eToro offers many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can be different depending 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 currency pairs is of interest to you then eToro offer over 50 currency pairs.
Compare eToro, Startrader & freetrade below.
eToro Trading App Review
Note: eToro's mobile app has a lot of functions and is being constantly developed. The table below was correct at the time of compiling 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
As part of our eToro broker review we tested the options for customer service, response times and on the eToro trading platform problem resolution effectiveness. eToro support a wide range of languages including English, German, Spanish, French, and Italian
eToro Live Chat Support
We tried the live chat on eToro, and it was very effective. We have sent messages through the eToro livechat through their app and website and got a reply within 20 seconds. Sometimes , there was no response.
We have tested communication through eToro support in multiple languages across multiple countries. eToro were able to resolve our client's concerns.
eToro Phone Support
We called eToro and the call was responded to very quickly. It was responded to within less than five to ten minutes.
The eToro phone support team was able to effectively address our questions and issues over the phone. We tested the multi-lingual eToro team by calling in varying languages. eToro made efforts to ensure all of our questions were answered.
Overall, the phone support from eToro was okay.
eToro Email Support
We have sent numerous email to eToro and the response times were all acceptable. The fastest email response from eToro was 3 hours and the most slow response was 8 days! Sometimes , there was no response. Support response times may vary for you with eToro, but this was our experience sending 10 emails at varying times.
The team resolved and answered our queries. Overall average email support from eToro was good.
Alternatives To eToro
If, after reading this eToro review, they don't quite meet your requirements check out these eToro alternatives.
We have scoured the internet to find the best alternatives to eToro. Click the links below to find out more.
Frequently Asked Questions
Can I try eToro before I buy?
Absolutely! you can most certainly try eToro before you buy. eToro offers demo accounts for the convenience of inexperienced traders. You may use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you register to get a demonstration account on eToro, you may set out with a decent amount of virtual money. It is to establish a feeling of security and confidence in you until you decide to invest your own money.
With this virtual eTorodemo account, you are able to experiment in any way, to whatever period you wish. You might also open positions, test different trading approaches, and more.
eToro specifies on its official site how you can exchange real time stocks with your demo account.
Is eToro safe?
You can drop all your worries because we believe that eToro is completely safe to use. It's in compliance with the rules of Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Even so, eToro does not give 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 multiple ways to fund your accounts with eToro. The process is effortless and quick, with various payment methods in your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You have to bear in mind that PayPal isn't available in every place. The monies eToro accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, even though it takes about 4-7 days.
Is my money safe with eToro?
Yes, your money is safe and protected with eToro. As you know, eToro operates with good conformation to regulations. It has established plenty of measures to protect all its own investors.
eToro protects its clients' private and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you want to further protect your accounts, it is possible to enable Two-Step Verification as well. It requires an SMS confirmation that you get your account.
Is eToro trading good?
Yes, trading through eToro is a nice and decent experience indeed. It is an excellent and intuitive platform with helpful features for your simplicity. In addition, you could even obtain access to a vast selection of educational tools and assistive material to kickstart your trading experience.
If you remain skeptical, it is possible to open a eToro demo account and assess the credibility of the platform on your own.
Which Countries do eToro support?
eToro operates around the world. However, due to regulations eToro doesn't accept clients from 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 own users can vouch for it. The highlight of this platform is its quick order execution on transactions.
You will find the clean design 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 one of the business leaders. It supports over 20,000,000+ registered customers and over 18 years of expertise on its record. They are one of the world's top trading platforms and a dominant figure in the Fintech revolution.
It majorly owes this standing to its incredible platform and broad selection of resources plus tools so that you can put money into 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, many traders earn a great deal of money. However, just like all online brokerages, 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 can look like a small number, but over the entire year, this adds to a significant amount of gains. Even though eToro provide you all the tools to earn money, they can't guarantee you will gain.
Does eToro have fees?
Yes. To start trading using eToro, you have to deposit $50. Certain commissions while trading also apply. 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 globally recognised broker with 20,000,000+ customers.
Where is the eToro head office?
eToro has its head office in Cyprus, UK
Does eToro offer negative balance protection?
No. eToro does not provide negative balance protection. If your balance is unfavorable, eToro indicates you promptly contact customer services. With this, you are able to fix any imbalances within your account.
Does eToro offer guaranteed stop loss?
eToro, regrettably, does not provide guaranteed stop loss. eToro provides a chance for its dealers to close their trade at their specified price. Apart from that, eToro does not offer guaranteed stop loss.
Does eToro allow scalping?
No, the stipulations of eToro do not allow scalping. It's a trading technique which is not allowed on the agent's platform. You must refer to eToro's provisions and conditions to read 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 company that was founded in 2001. It offers a range of payment options online and transfer services.
Since its inception, Skrill has expanded to be available in more than 120 countries and has a digital wallet offered in more than 40 currencies. Customers can upload money to their Skrill wallet through a variety of payment options including by card, bank transfer as well as a variety of alternative payment methods. The funds can then be used to make payments to merchants or other Skrill customers, or converted to cryptocurrency.
Skrill also provides cross-border payment through its remittance services Skrill Money Transfer. The service enables customers to transfer funds to a bank account overseas by using their credit card. It was in the year 2015 that Skrill was acquired by the Paysafe Group along with former competitor Neteller and the prepaid payment company paysafecard.
Skrill holds a number of licenses that allow it to provide its services across Europe as well as globally. Skrill is managed through Paysafe Payment Solutions Limited, a company incorporated in Ireland and regulated by Central Bank of Ireland, for its European controlled activities. Skrill's activities outside of its European Economic Area are operated by Skrill Limited - a company which is incorporated in 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. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. The company specializes in facilitating cross-border B2B payments. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It is also used by eCommerce marketplaces such as Rakuten, Walmart and Wish.com, freelance marketplaces such as Fiverr and Envato, and works with ad networks to connect these firms with publishers based outside of their headquartered country.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly 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 money. Inexperienced traders can open a demo account in order to better understand the aspects of Forex trading and test out some of the company’s features before getting a live account.
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