eToro review
| Review in short | |
|---|---|
| Regulations |
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| Number of instruments CFD | 5 |
| Broker type | MM, STP |
| Customer support |
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| Deposit from | 100 EUR/USD |
| Spreads | 1 EUR/USD * Spread is dated 02.06.2021 12:00, spread amount is subject to change. |
| Real Stocks | |
| Platforms |
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| Instruments CFD | Commodities, Cryptocurrency traded as actual, Forex, ETF, Indicies |
| Established | 2007 |
| Web | www.etoro.com |
| Location | eToro (UK) Ltd: 24th floor, One Canada SquareCanary Wharf E14 5ABLondon, United Kingdom |
| pr@etoro.com | |
| Country | Cyprus, UK, Australia |
| Funding methods |
* Some of the payment methods may not be available in your country.
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Broker eToro
Broker eToro is one of the largest global brokers in the world (operating in up to 140 countries). A possible reason for its great popularity may be the combination of its brokerage services and the possibility to use the eToro social trading network. Thanks to the eToro trading platform, you can connect with successful traders, follow their profiles and get up-to-date information about others' trading. Another reason for its popularity is also the accessibility and reliability of the broker.
Last but not least, eToro is exceptional for its own sophisticated web platform for leveraged CFD (Forex, stocks, commodities, indices) trading. The platform is easy to use and offers its advantages to beginners and professional traders alike, who will appreciate the sophisticated charts and technical analysis.
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A wide range of tradable instruments, great conditions for beginner traders (tutorials, video-tutorials, analysis, etc., community), minimum deposit of $100 and leverage up to 1:30.
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Broker eToro is subject to regulation by the Cyprus Securities Commission due to the provider's Cyprus domicile. The broker is also regulated by other authorities. eToro Europe is regulated by the Cyprus Securities and Exchange Commission (CySEC). In the United Kingdom, eToro (UK) Ltd ("eToro UK") is authorised and regulated by the Financial Conduct Authority (FCA). In Australia, eToro AUS Capital Limited ("eToro Australia") provides services and products.
Pros
Low minimum deposit
Fractal stocks
More than 3,000 available instruments
Easy to use web platform and eToro mobile application.
Cons
Less deposit and withdrawal options
Automatic trading strategies are not supported on eToro
Lack of Customer support
Video review
Notice
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. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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.
