eToro Review
Social/copy-trading pioneer letting users automatically mirror the trades of experienced investors.
Visit eToro βSpreads by Pair (Pips)
EUR/USD
1
GBP/USD
β
USD/JPY
β
XAU/USD
β
US OIL
β
BTC/USD
β
Trading Conditions
Min Deposit
$50
Max Leverage
Not stated
Avg Spread
From 1 pips
Commission
$0 (Spread-only) / $5 withdrawal fee
Account Types Offered
| Account | Platform | Spreads | Comm. | Min Dep | Leverage |
|---|---|---|---|---|---|
| Retail | eToro WebTrader | From 1.0 pip | $0 | $50 | 1:30 |
| Professional | eToro WebTrader | From 1.0 pip | $0 | $50 | 1:400 |
| Islamic | eToro WebTrader | From 1.0 pip | $0 | $50 | 1:30 |
Broker Details
Minimum Trade Size
Proprietary (No standard MT lot)
Maximum Leverage
Not stated
Minimum to Open Live
$50
Established
β
Address
European HQ: Limassol, Cyprus (Multi-entity)
Contact
Support ticketing system only
Regulators
FCA (UK), CySEC (Cyprus), ASIC (Australia), FinCEN (US, crypto only)
Prohibited Countries
Canada, Russia, China, Japan, Turkey, India, Nigeria, Iran, Syria, North Korea
Dealing Desk
β Yes
Web Trading
β Yes
Mobile Trading
β Yes
Trading Instruments
Currencies
49 forex pairs
Cryptocurrencies
119 crypto pairs including BTC, ETH, altcoins
CFD
5,000+ instruments (49 FX, 119 crypto, 19 indices, 27 commodities, real stocks/ETFs)
Trading Conditions & Methods
Deposit Methods
Credit/Debit Cards, PayPal, Bank Wire, Neteller, Skrill, local methods
Withdrawal Methods
Same as deposit; $5 withdrawal fee; min $30
Pros & Cons
β PROS
- + Best-in-class copy trading tools
- + combined stocks/crypto/forex account
- + large, active trader community.
β CONS
- β Forex spreads wider than specialist brokers
- β no MetaTrader support
- β withdrawal fee applies.
About eToro
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