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eToro

eToro Review

4.1/5
Trust Score: 81/100

Social/copy-trading pioneer letting users automatically mirror the trades of experienced investors.

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Spreads by Pair (Pips)

EUR/USD

1

GBP/USD

1.5

USD/JPY

1.2

XAU/USD

45

US OIL

5

BTC/USD

100

Trading Conditions

Min Deposit

$100

Max Leverage

1:30 (retail) / 1:400 (professional, non-EU)

Avg Spread

1 pips

Commission

$0 (spread-based)

Broker Details

Minimum Trade Size

Maximum Leverage

1:30 (retail) / 1:400 (professional, non-EU)

Minimum to Open Live

$100

Established

Address

Contact

Regulators

FCA (UK), CySEC (Cyprus), ASIC (Australia), FinCEN (US, crypto only)

Prohibited Countries

Dealing Desk

❌ No

Web Trading

✅ Yes

Mobile Trading

✅ Yes

Trading Instruments

Currencies

Cryptocurrencies

CFD

Trading Conditions & Methods

EAs/Robots: YesNews Trading: YesScalping: YesCopy Trading: No

Deposit Methods

Withdrawal Methods

Pros & Cons

✅ PROS

  • + Best-in-class copy trading tools
  • + combined stocks/crypto/forex account
  • + large, active trader community.

❌ CONS

  • - Forex spreads wider than specialist brokers
  • - no MetaTrader support
  • - withdrawal fee applies.

About eToro

eToro is best known for popularizing social and copy trading, allowing users to automatically replicate the trades of top-performing investors on the platform. It combines forex with a large stock, ETF, and crypto offering in one account.

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Quick Facts

Founded
Headquarters
Regulation
FCA (UK)CySEC (Cyprus)ASIC (Australia)FinCEN (US, crypto only)
Platforms
eToro proprietary platform (web & mobile)
Islamic AccountNo

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