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eToro

eToro Review

β˜… 4.1/5
Trust Score: 81/100?

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

Visit eToro β†’

Spreads 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

1:400 (offshore) / 1:30 (EU/UK retail)

Avg Spread

1 pips

Commission

$0 (Spread-only) / $5 withdrawal fee

Account Types Offered

AccountPlatformSpreadsComm.Min DepLeverage
RetaileToro WebTraderFrom 1.0 pip$0$501:30
ProfessionaleToro WebTraderFrom 1.0 pip$0$501:400
IslamiceToro WebTraderFrom 1.0 pip$0$501:30

Broker Details

Minimum Trade Size

Proprietary (No standard MT lot)

Maximum Leverage

1:400 (offshore) / 1:30 (EU/UK retail)

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

βœ… Yes

Web Trading

βœ… Yes

Mobile Trading

βœ… 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

EAs/Robots: NoNews Trading: YesScalping: YesCopy Trading: Yes

Deposit Methods

Credit/Debit Cards, PayPal, Bank Wire, Neteller, Skrill, local methods

Withdrawal Methods

Same as deposit; $5 withdrawal fee; min $30

Pros & Cons

βœ… 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

Foundedβ€”
Headquartersβ€”
Regulation
FCA (UK)CySEC (Cyprus)ASIC (Australia)FinCEN (US, crypto only)
Platforms
eToro proprietary platform (web & mobile)
Islamic AccountYes

Ready to start trading?

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Trading involves risk. Only invest what you can afford to lose.

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