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eToro Guide – Read our In-Depth eToro Review

eToro Rating: 8.6 / 10

Our proprietary rating algorithm takes all of our 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.

This eToro review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this eToro review does not apply to users in IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN

This eToro review contains the most recent information about eToro.

If you are a new entrant in the world of trading and broker, so many facts will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough knowledge. You'll acquire proficient at all of the concepts of broker as you keep trading. For starters, you have to choose the right agent who'll be clear with you always.

Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment plan will generate hefty returns. eToro is one such platform that will take you and your investment to great heights. It's crucial that you understand all about eToro before you trust them with your cash.

eToro review screenshot

eToro Guide – Quick Overview

eToro Telephone Number:
eToro Email Address: 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 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

67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies

Our full eToro Review covers all you will need to know about trading using eToro. A good broker can multiply your initial investments and provide you positive profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investing objectives.

There is no sure-fire way to guarantee profits; therefore, you must carefully analyze your agent before you select them. It's a frequent misconception that all agents will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.

eToro is a broker that has forged its way successfully into the brokerage world. Within this review, we have attempted to collate some of the important facets of eToro. This review can help you to understand whether eToro is a good fit for your own investments or not. We've attempted to breakdown all of the qualities and fees for your advantage.

eToro Review, Table Of Contents

Who are eToro?

eToro is a foreign exchange broker headquartered in Cyprus, UK and provides a variety of tools for trading. Since its beginning in 2007, eToro has emerged as a top-tier player in the field of online brokerage. eToro includes a highly competitive and full-featured trading site that is focused on currency, indices, metals, shares, commodities.

Over the past 14 years, eToro has grown into one of the leading online brokers.

After establishing in 2007, their consumer base is becoming as large as 20,000,000+ clients.

eToro is the favourite of many traders.. Our eToro review found that they're an excellent alternative for automated trading options. It's most appropriate for investors that are searching for a variety of assets. Social and automated trading options are the core at eToro.

Technology plays a substantial role at eToro. eToro features trading on Web Trader, Tablet & Mobile apps. eToro is honest, transparent, and a well-regulated agent by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). Their outstanding variety of resources will be beneficial for most traders. Third-party partnerships also supply in-house research.

Who Founded eToro?

The founders of eToro are Yoni Assia, Ronen Assia, David Ring

The founders of eToro are known for their experience in the sphere of internet trading. However, there are a lot of other key people in eToro who have a substantial impact on it's success.

The trader resource section at eToro is quite enlightening for new traders since it allows them to have a closer look at the financial markets. eToro caters to all sorts of traders and are a must-have broker for any well-diversified method of trading.

eToro Videos

Benefits of doing online trading with eToro?

Trading with eToro includes many advantages. These benefits are what sets eToro apart from the rest of the online agents. You need to check all of the benefits listed so you have a better comprehension of eToro.

The agent goes to great lengths to comprehend what traders want. As a result, the support, fast, and convenient. The broker also gives a variety of programs for all kinds of traders. eToro ensures that the individual needs of all traders are duly met.

eToro also features excellent trading conditions which are available to only an elite class of institutional customers. The tight spreads and fast executions are a great advantage for the traders. The technology embraced by eToro is among the highest caliber, making sure that it is fast, reliable, and efficient.

eToro acknowledges the significance of having a quick order execution. A fast execution will allow users to exchange without worrying about slippage safely. It will also help the dealers to catch the maximum profitable opportunities.

Copy trading is another important facet of eToro. A new dealer can learn from industry experts utilizing the automated copy trading option. This means you can monitor the best performing traders and instantly copy their trades and benefit from their experience

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. This is independent copy trading..

eToro has over 100 trading tools to support all kinds of traders. These instruments are lively and convenient for both the new and seasoned traders. The 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 wil find a lot of alternatives to eToro.

What you should know about trading using eToro

eToro is a lively platform that offers various methods of online trading. These tools cover the financial markets considerably. The Majority of the broker platforms offer fewer procedures than eToro

If you wish to exchange with eToro, you'll need a minimum deposit of $50. This deposit is required if you want to start trading with eToro. This 2021 eToro review will guide you easily about trading with them.

eToro is as versatile as any other brokerage platform. eToro is excellent for traders who want a manageable range of cheap services. The programs provided by eToro are third party, white-label offerings. All traders may pick out of Web Trader, Tablet & Mobile apps.

Together with everything, eToro has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a transaction has to be kept available. The brokers provide premium client service that rewards customers with advantages.

Many less reputable brokers try to pressurise users into larger financing for superior services. eToro, on the other hand, is much more concentrated on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the further benefits will become available.

eToro accounts are available globally and provides outstanding 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:

IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN

Is eToro Safe To Trade With?

Launched in 2007, eToro has been in operation for 14 years, they are headquarted in Cyprus, UK.

eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). These bodies have rules that make sure that trading platforms have steps in place to maintain investor's assets secured. This usually means that eToro users don't need to be worried about their money as it's segregated and safely kept in established banks. SSL encryption secures every user's private information also.

You are able to make use of an option for 2 Factor Authentications (2FA) with eToro for heightened security. An SMS with the verification code will be sent to your mobile phone. You'll be asked to input this code to log into your account.

Another concern with financial brokers is in regards to safety might be manipulation of trading. This is highly disadvantageous to consumers on those platforms. Nonetheless, this is much more prevalent in the example of Market Maker agents who compete with users on the platform.

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 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 trusted by 20,000,000+ clients
  • eToro has low minimum deposit requirements
  • eToro doesn't charge deposit fees
  • eToro doesn't charge CFD fees
  • eToro offers social trading
  • eToro offers copy trading
  • eToro offer trading on Web Trader, Tablet & Mobile apps
  • eToro offer 100 trading instruments
  • eToro trades major forex pairs
  • eToro trades minor forex pairs
  • eToro trades exotic forex pairs
  • eToro offers trading on cryptocurrencies
  • eToro can communicate in English, German, Spanish, French, and Italian

eToro Con's

  • eToro does not offer Negative Balance Protection
  • eToro does not offer Guaranteed Stop Loss
  • eToro charge withdrawal fees
  • eToro charge inactivity fees
  • eToro doesn't offer trailing stop

eToro Review - Compare Brokers Similar To eToro

eToro Amscot Stockbroking regent markets group grinta invest
Rating 8.6 / 10 2.68 / 10 5 / 10 6.45 / 10
Minimum Deposit $50 $500 $250 $250
Year Founded 2007 1853 2020 2020
Headquarters Cyprus, UK Austrailia United Kingdom Grenadines
Regulated By Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Ministry of Economic Affairs and Communications (Estonia) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F299 Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F251
Clients 20,000,000+ 10,000+ 10,000+ 200,000+
Find Out More
Risk Warning 67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies Your capital is at risk Your capital is at risk Your capital is at risk

eToro Review - 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 platform. For data encryption functions, it supplies an industry-standard secure socket layer (SSL).

In accordance with the company's privacy regulations, client information is never to be shared with some other institutions or individuals. This includes credit history and other financial details.

eToro Review - Awards

eToro have won numerous industry awards over the years they have been operating as an online trading platform. We list 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 reputable trading platform that has been trading for over 14 years. They offer a wide range of options in their client accounts.

In the following table we take the main parts of any professional brokerage and compare eToro against Amscot Stockbroking, regent markets group, and grinta invest

eToro Amscot Stockbroking regent markets group grinta invest
Demo Account Yes Yes Yes Yes
Proprietary Platform Yes
Windows App Yes Yes Yes Yes
Mac App Yes Yes Yes Yes
Linux App Yes No No No
Social Trading Yes No Yes No
Copy Trading Yes No No No
MetaTrader 4 (MT4) Yes No Yes No
MetaTrader 5 (MT5) Yes Yes Yes Yes
cTrader Yes Yes Yes Yes
DupliTrade Yes No Yes No
ZuluTrade No


67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies


Your capital is at risk


Your capital is at risk


Your capital is at risk

eToro Review - Minimum Deposit Required

The minimum deposit that you must deposit to get started on eToro is $50. This is an adequate amount for people just starting out. You can make more complex deposits as you go along. However, ensure you know how to make the most of your money before investing larger amounts.

eToro Review - Commission And Fees Explained

eToro is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. 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 clients they have.

But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily three types of fees for this purpose.

The first sort of charges to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In such instances, you're paying a spread, financing rate, or even a commission. The kinds of trading charges and the prices differ from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are people that are charged when you maintain a leveraged position for longer than daily.

Aside from trading charges, online brokers also charge non-trading fees. These are dependent on the actions you undertake in your account. They are billed for things like depositing money, not investing for lengthy periods, or withdrawals.

Generally, eToro does not charge high fees compared to other online agents. For operations other agents charge for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who often trade, for example weekly or daily trading.

However, non-trading fees charged by eToro are comparatively lower. As a result, you're billed more for non-trading actions on your trading accounts, like withdrawal and deposits. These aren't related to the purchase and sale of resources.

This eToro review breaks down each of the relevant non-trading charges for you in detail.

Compare broker fees against eToro

eToro Amscot Stockbroking regent markets group grinta invest
Minimum Deposit $50 $500 $250 $250
Withdrawal Fees Yes Yes No No
Inactivity Fees Yes No No No
Deposit Fees No No Yes No
CFD Fees No No Yes No


67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies


Your capital is at risk


Your capital is at risk


Your capital is at risk

eToro Review - Withdrawal Fees Explained

eToro charges a withdrawal fee when you create a bank transfer. Every time you transfer money back into your bank account, these withdrawal fees become applicable.

Withdrawal of money is possible at any time from your eToro account. It's possible to draw sums up to the amount of your account balance, keeping aside the perimeter utilized. One thing to keep in mind is that you don't always need to have any cash on your account.

Moreover, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, in the event that you used a credit card for deposits, the withdrawn cash is going to be sent to the card. eToro will ask you to offer other withdrawal methods if your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you're withdrawing cash in various currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the currency you are choosing to draw in.

eToro Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is one of those buzzing questions that run through your mind when open an account with eToro. An inactivity fee is an amount charged to registered traders who have not participated in buying or selling for a while. The period regarded as inactive is decided by the broker.

The inactivity fee also differs from one agent to another and isn't generalized. If a traders account doesn't have a purchasing or selling trade, it's claimed by the broker as an inactivity fee. The traders need to pay this fee under terms and conditions they had consented while enrolling.

eToro charges an inactivity fee when you don't create any trades for a while.

Even if no fees are implied by eToro, it is best for you to close the account if you're inactive. Inactivity fees aren't just charged by broker companies but also many financial services.

For other trading platforms, the inactivity fee depends upon the type of account you've chosen. The inactivity fee is subjected to a lot of conditions and needs to be disclosed clearly by the agent beforehand.

eToro Review - Deposit Fees Explained

When you transfer money into your trading account from the bank account, a deposit fee can be charged by the broker. Most agents don't 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 on the eToro trading platform is simple. You just need to finish a single-user profile survey to start depositing money into your trading account. You will need to give an identity evidence and proof of residency to deposit substantial amounts.

eToro Review - Compare Broker Deposit Methods

eToro Amscot Stockbroking regent markets group grinta invest
Minimum Deposit $50 $500 $250 $250
Credit Card Yes Yes Yes Yes
PayPal Yes No Yes Yes
Neteller Yes No Yes Yes
Skrill Yes No Yes Yes
Payoneer Yes Yes Yes Yes


67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies


Your capital is at risk


Your capital is at risk


Your capital is at risk

What Can You Trade With eToro?

Note: eToro provides a lot of different trading instruments due to regulatory restrictions in many countries. Trading instruments offered can differ 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 forex pairs is of interest to you then eToro offer over 50 forex pairs.

Compare eToro, Amscot Stockbroking, regent markets group & grinta invest below.

eToro Amscot Stockbroking regent markets group grinta invest
Platforms Web Trader, Tablet & Mobile apps IRESSTrader, IRESSInvestor, netIRESS, XPLAN MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Instruments Available 100 35 182 134
Forex & Crypto
Forex Pairs Available 50 152 104
Offers Major Forex Pairs? Yes No Yes Yes
Offers Minor Forex Pairs? Yes No Yes Yes
Offers Exotic Forex Pairs? Yes No Yes Yes
Offers Cryptocurrencies? Yes No Yes Yes
Commodity CFD's
Commodities Offered 50 0 98 50
Trade Metals? Yes No Yes Yes
Trade Energies? Yes No Yes Yes
Trade Agricultural? Yes No No No
Indiced & Stock CFDs
Stocks Offered 957 0 98 50
Trade UK Shares? Yes No No No
Trade US Shares? Yes No No No
Trade German Shares? Yes No Yes Yes
Trade Japanese Shares? Yes No No No


67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies


Your capital is at risk


Your capital is at risk


Your capital is at risk

Reviewing The eToro Mobile App

Note: eToro's mobile app has a lot of functions and is being constantly developed. The table below was correct at the time of writing this eToro review.

Understand the capabilities of the mobile apps of eToro, Amscot Stockbroking, regent markets group & grinta invest below.

eToro Amscot Stockbroking regent markets group grinta invest
Basic Alerts / Push Notifications Yes Yes Yes Yes
Watchlists
Has A Watchlist Yes No No Yes
Watchlist Syncs Across Platforms Yes No Yes Yes
Indicators And Charts
App Indicators Yes No No Yes
Can Draw Trendlines Yes No Yes Yes
Can Move Trendlines Yes No No Yes
Has Multiple Timeframes Yes No Yes Yes
Saves Charts Yes No No Yes
Other Broker Mobile App Functions
Has Economic Calendars Yes No No Yes


67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies


Your capital is at risk


Your capital is at risk


Your capital is at risk

eToro Customer Support

For our eToro review we examined the options for customer service including response times, and the eToro trading platform issue solving effectiveness. eToro support various languages, including English, German, Spanish, French, and Italian.

eToro Live Chat Support

We have tested the live chat on eToro, and it was very effective. We have sent messages to eToro livechat via their app and web site and got a reply after 10 seconds. On Occasion there was no response.

We have tested communication through eToro support in a variety of languages across multiple countries. eToro were capable of resolving our customer concerns.

eToro Phone Support

We made a call to eToro and the call was answered extremely quickly. We were able to have the call answered in less than 5-10 minutes.

eToro phone support team were able to successfully address our questions and concerns via phone. We tested the multilingual eToro team by calling them in various languages. eToro made efforts to ensure that our questions were addressed.

Overall the phone support from eToro was good.

eToro Email Support

We sent several messages to eToro and the response times were all outstanding. The fastest email response from eToro was 2 hours while the longest response time was 3 days! Sometimes , there wasn't a response. Support response times can vary for you with eToro, but this was our experience sending out 10 emails at different times.

The team was able to resolve and answer our queries. The overall average of email support provided by eToro was good.

Alternatives To eToro

If, after reading this eToro review, they don't quite fulfill your requirements check out these eToro alternatives.

We've scoured the internet to find the best alternatives to eToro. Click on the links below to find out more.

Frequently Asked Questions about eToro

Can I try eToro before I buy?

Yes, 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 system and yourself and your trading strategies.

If you sign up for a demo account on eToro, you may set out with a decent amount of virtual currency. It's to establish a sense of safety and confidence in you until you choose to invest your own money.

With this virtual eTorodemo account, you can experiment at all, to whatever period you wish. You can even start positions, test different trading strategies, and much more.

eToro specifies on its official website that you are able to trade real time stocks with your demo account.

Is eToro safe?

It is possible to drop all your worries since we believe that eToro is perfectly safe to use. It is in compliance with the principles of Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).

Even so, 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 witheToro is perhaps simple enough to be a cakewalk. 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.

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 hold over the nuances of online trading before you set out and trade with real money.

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 methods to finance 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 is not available in all country. The monies eToro

Is my money safe with eToro?

Yes, your money is safe and protected with eToro. As you already know, eToro works with proper conformation to. It has established plenty of steps to guard all its own investors.

eToro safeguards its customers' personal and sensitive information under SSL encryption. Your capital will be kept 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 affirmation that you get your accounts.

Is eToro trading good?

Yes, trading via eToro is a nice and good experience indeed. It is an excellent and intuitive platform with helpful features for your ease. Moreover, you could also obtain access to a huge collection of educational resources and assistive substance to kickstart your trading experience.

If you are still skeptical, it is possible to open a eToro demo account and assess the trustworthiness of the platform on your own.

Which Countries does eToro support?

eToro operates across the globe. However, due to regulations there are some countries that eToro can't accept clients resident in IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN

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 own users may vouch for this. The highlight of the platform is its quick order execution on trades.

You will find the clean layout of the platform along with the commendable features a pleasure 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 reaffirm their trustable nature.

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 the withdrawal from eToro to show in your bank account.

Are 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 industry leaders. It supports over 20,000,000+ registered users and over 14 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 majorly owes this status to its unbelievable platform and broad range 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, several traders earn a great deal of money. However, on average, through consistent trading, you also can make between 2% - 10% profit a month.

This can look to be a small number, but over the year, this adds to a substantial amount of gains. While eToro provide you all the tools to make money, they cannot 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 have 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 agent 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 doesn't provide negative balance protection. If your balance is unfavorable, eToro suggests that you promptly contact client services. For this, you can correct any imbalances within your account.

Does eToro offer guaranteed stop loss?

eToro regrettably, does not provide guaranteed stop loss. eToro provides a chance to its dealers to close their trade in their given price. Aside from this, eToro does not offer guaranteed stop loss.

Does eToro allow scalping?

No, the stipulations of eToro don't allow scalping. It's a trading technique which isn't allowed on the broker's platform. You can consult with eToro's terms 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.

Does eToro accept Payoneer?

Yes, eToro accepts Payoneer for depositing money.

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 demo accounts so you can learn their systems before risking any real capital. Newbie traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before signing up for a live account.