eToro Review: | 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 reputable broker that was founded in 2007. They have around 1200 employees 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 latest details surrounding eToro.
If you are new to the realm of online trading and brokerages, so many nuances will no doubt be perplexing for you. Getting into the area of trading online requires expert assessing skills and comprehensive knowledge. You will acquire adept at all of the concepts of online trading and brokerages while you continue trading. For starters, you have to choose the ideal broker who will constantly be clear with you.
In the fast-paced world of stock markets and trading, you'll need guidance to make educated decisions. A professional, direct investment partner could help you in minimising any potential losses and maximising any returns. eToro is one such platform that can help you. It's important that you learn 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 thoroughly evaluate eToro as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your eToro investments to thrive. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be prudent and rigorous in your eToro broker selection to protect your hard-earned money. Performing your due diligence and researching the credibility 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 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 detailed eToro review. So, settle in, grab a cup of coffee, and immerse yourself in learning about eToro and how it can work to your advantage, or if eToro might not be the right fit for you.
eToro Guide for 2026 – 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 entire eToro review for beginners covers all you will need to learn about trading with eToro. A fantastic broker can use your initial investments and help to protect it from losses but also provide you a platform that can help to give you profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investment objectives.
Of course, there's absolutely no sure-fire way to guarantee profits; thus, you must carefully assess your agent before you select them. It's a frequent misconception that all brokers are the same, but that's not true. Wrong judgment, in the beginning, can put your investments at risk.
eToro is a trading partner which has found its way successfully to the broker world. In this review, we have tried to collate some of the vital facets of eToro. This guide can help you to understand whether eToro is a great match for your own investments or not. We've attempted to breakdown all of the qualities and fees for your convenience.
Who are eToro?
eToro is a foreign exchange broker with its head office in Cyprus, UK and provides a variety of tools for online trading. Since its beginning in 2007 they have emerged as a top-tier player in the field of online trading. eToro includes an extremely professional and full-featured trading website that's focused on currency, indices, metals, sharesand commodities.
Over the past 19 years, eToro has grown into one of the leading online brokers available to the public.
After launching 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 options. 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 at eToro. They offers trading on web trader, tablet & mobile apps. eToro is honest, transparent, and 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 analysis.
Who Founded eToro?
The founders of eToro are Yoni Assia, Ronen Assia, David Ring
The creators of eToro are famous for their experience in the sphere of online trading. However, there are a lot of other important men and women at eToro who have a substantial contribution to it's success.
The trader resource department at eToro is very enlightening 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 any well-diversified approach to trading.
eToro Review Videos
Benefits of trading with eToro in 2026
Trading with eToro comes with numerous advantages. These advantages are what sets eToro ahead of all other online brokers. You should check all the benefits listed so you have a better understanding of eToro.
The broker goes to great lengths to understand what dealers need. Consequently, the support, fast, and convenient. The agent also gives a variety 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 includes excellent trading conditions which are available to all and not just an elite group of institutional clients. The tight spreads and quick executions are a great benefit for all traders. The technology embraced by eToro is of the highest caliber, ensuring that it's fast, dependable, and effective.
eToro acknowledges the importance of having a fast order execution. A fast execution enables users to exchange without fretting about slippage safely. It is going to also aid the traders to grab any opportunities.
Copy trading is another major facet of eToro. A new trader can learn from industry experts using the automated copy trading alternative. This means you can monitor the best 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. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading
eToro has over 100 trading instruments to support all types of traders. These instruments are dynamic and suitable for both new and seasoned traders. All dealers can set aside all their worries 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.
What you ought to know about trading using eToro
eToro is a dynamic platform that provides various procedures of trading online. These tools cover the financial markets substantially. Most of the brokerage platforms provide fewer methods than eToro
If you want to trade with eToro, you will require a minimum deposit of $50. This deposit is required if you want to start trading with eToro. This 2026 eToro review will guide you clearly about trading with them.
eToro is as flexible as another broker platform. eToro is excellent for traders that want a manageable variety of low-cost services. The platforms provided by eToro are third-party, white-label offerings. All traders can select 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 on which a transaction must be kept open. The agents offer premium customer service which rewards clients with advantages.
Many unethical brokers try to pressurise users into bigger funding for premium services. eToro, on the other hand, is much more concentrated on trading volume. Traders can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the greater benefits will become available.
eToro accounts are available all over the world and provides quality service everywhere 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 in operation for 19 years, they have a head office in Cyprus, UK
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). These figures have rules that mandate that trading platforms have measures in place to maintain investor's resources procured. This usually 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 a choice for Two Factor Authentications (2FA) with eToro for increased security. An SMS for the verification code will be sent to your phone. You will be asked to input this code to log in to your accounts.
Another concern with fiscal brokers with respect to safety may be manipulation of trading. This is highly disadvantageous for users on these platforms. Nonetheless, this is more widespread in the case 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 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 company, has a powerful collection of rules for ensuring honest trading onto its own platform. For data encryption purposes, it provides an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
eToro Awards
eToro have won several industry awards over the time they have been operating as an online trading platform. We detail the most notable 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 reputable trading platform that has been open for over 19 years. They offer a large range of options in their client accounts.
Below we take the main parts of any reputable online broker 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 must deposit to get started on eToro is $50. This is a decent amount for those just starting out. It's possible to create more complex deposits as you cooperate. However, make certain you know how to make the most of your money before investing larger sums.
Commission And Fees Explained
eToro is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. That is, an online broker isn't necessarily affected by the number of clients they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three different types of fees for this objective.
The first sort of charges to look out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading charges. In such instances, you're spending a spread, funding speed, or a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are those that are billed when you maintain a leveraged position for more than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake on your account. They're billed for things like depositing cash, not investing for long periods, or withdrawals.
In general, eToro does not charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for those who often exchange, for example daily or weekly trading.
But, non-trading fees billed by eToro are relatively greater. Consequently, you're billed more for non-trading actions on your trading accounts, such as withdrawal and deposits. These are not related to the purchase and sale of resources.
This eToro review breaks down every one of the relevant 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 move money back into your bank accounts, these withdrawal fees become important.
Withdrawal of money is possible at any moment from the eToro account. You can withdraw up sums to the sum of your account balance, keeping aside the margin used. One thing to keep in mind is that you don't always have to have any cash in your account.
In addition, the withdrawn money will be transferred directly to the account you use to create deposits. Therefore, in the event that you used a credit card for deposits, then the withdrawn cash is going to 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're withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the money you are opting to draw in.
eToro Inactivity Fees Explained
eToro charges an inactivity fee if you don't create any trades for a while.
Even if no fees have been indicated by eToro, it is best that you close the account if you are inactive. Inactivity fees are not just charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee is contingent upon the type of account you've chosen. The inactivity fee is exposed to a lot of circumstances and needs to be revealed clearly by the broker beforehand.
eToro Deposit Fees Explained
When you transfer money in your trading account by your bank account, a deposit fee can be billed by the broker. Most brokers do not charge too much 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 easy. You simply need to complete a single-user profile questionnaire to start depositing money into your trading account. You'll need to give an identity proof and evidence of residency to deposit large amounts.
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 can be different 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 currency 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 correct 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
In this eToro broker review we examined the options for customer service, response times and on the eToro trading platform problem solving effectiveness. eToro supports a wide range of languages including English, German, Spanish, French, and Italian
eToro Live Chat Support
We tested the live chat on eToro and it worked flawlessly. We have sent messages to eToro livechat via their app and web site and received a response after 10 seconds. On Occasion there was no response.
We tested communicating via eToro support in multiple languages and in various countries. eToro were successful in resolving customer problems.
eToro Phone Support
We made a call to eToro and the call was answered extremely promptly. The call was answered in less than five to ten minutes.
The eToro phone support team were able to successfuly answer our queries and problems over the phone. We tried the multilingual eToro team by calling them in various languages. eToro made an effort to make sure that our questions were addressed.
The overall support via phone from eToro was satisfactory.
eToro Email Support
We sent several emails to eToro and responses were generally good. The fastest email response from eToro was 2 hours, while the most slow response was 8 days! There were times when there were no responses. Support response times can vary for you with eToro, however, we've had the experience of sending out 10 emails at different times.
The team resolved and answered our queries. The overall average of email support provided by eToro was satisfactory.
Alternatives To eToro
If, after reading this eToro review, they don't fulfill your requirements check out these eToro alternatives.
We have scoured the web 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 definitely try eToro before you buy. eToro offers demo accounts for the convenience of new traders. You can use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you register for a demo account on eToro, you will set out using a decent amount of virtual money. It's to establish a feeling of security and confidence in you before you decide to spend your own money.
With a digital eTorodemo account, you are able to experiment at all, to whatever length you desire. You can even start positions, test different trading approaches, and more.
eToro specifies on its official site that you are able to exchange real time stocks in a 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 all the rules 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 account with eToro. The process is effortless and quick, with different payment methods in your fingertips.
You can use credit or debit cards ranging 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 every country. The currencies eToro accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, though it takes about 4-7 days.
Is my money safe with eToro?
Yes, your cash is safe and protected with eToro. As you know, eToro operates with proper conformation to regulations. It has established plenty of steps to guard all of its investors.
eToro protects its customers' personal and sensitive data under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you wish to further protect your account, you can enable Two-Step Verification as well. It requires an SMS affirmation for you to get your account.
Is eToro trading good?
Yes, trading through eToro is a nice and good experience indeed. It's an excellent and intuitive platform with helpful features for your ease. Moreover, you could even gain access to a huge collection of educational resources and assistive substance to kickstart your trading experience.
If you are still skeptical, you can open a eToro demo account and evaluate the trustworthiness of the platform for yourself.
Which Countries do eToro support?
eToro operates around the globe. However, due to regulations eToro cannot 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 an excellent agent, and its users can vouch for this. The highlight of the platform is its fast order execution on transactions.
You'll find the clean design of this platform and 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 has over 20,000,000+ registered customers and over 19 years of expertise on its own record. They're among the world's leading trading platforms and also a dominant figure in the Fintech revolution.
It simplifies this standing to its unbelievable platform and broad selection of tools plus resources so that you can 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, many traders earn a great deal of cash. However, just like all online brokers, 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 little number, but within the entire year, it quickly adds to a significant number of gains. While eToro supply you all of the tools to make money, they can't guarantee that you will gain.
Does eToro have fees?
Yes. To begin trading using eToro, you need to deposit $50. Particular commissions while trading additionally 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 does not offer negative balance protection. If your balance is unfavorable, eToro indicates you contact customer services. With this, you are able to fix any imbalances in your own account.
Does eToro offer guaranteed stop loss?
eToro, regrettably, doesn't offer guaranteed stop loss. eToro provides an opportunity for its dealers to close their trades in their specified price. Apart from this, eToro does not offer guaranteed stop loss.
Does eToro allow scalping?
No, the terms and conditions of eToro do not condone scalping. It is a trading technique which isn't allowed on the broker's platform. You should refer to eToro's provisions and conditions to see more about its own 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 which provides a variety of payment options online and transfer services.
Since its inception, Skrill has expanded to operate in over 120 countries, with its digital wallet offered in more than 40 currencies. Customers can upload money to their Skrill wallet by using a variety of payment options , including cards, bank transfers as well as a variety of alternative payment methods. The funds can then be used to pay for merchants or other Skrill users, or transferred to cryptocurrency.
Skrill also provides cross-border payment via its remittance service Skrill Money Transfer. It allows customers to transfer money to a bank account in another country by using their credit card. In 2015, Skrill has been acquired by Paysafe Group along with former rival Neteller and prepaid payment service paysafecard.
Skrill has several licenses enabling it to offer its services in Europe and around the world. Skrill is run via Paysafe Payment Solutions Limited, an entity that is incorporated in Ireland and regulated by the Central Bank of Ireland, for its European controlled activities. Skrill's operations 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. This company is a specialist in cross-border B2B transactions. 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'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.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
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. New traders can open a demo account in order to better understand the areas of Forex trading and test out some of the company’s features before getting a live account.
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