eToro is a social trading and multi-asset brokerage platform that allows users to trade a wide range of financial instruments, including stocks, cryptocurrencies, commodities, indices, and more. It was founded in 2007 and has since become a popular choice for both beginner and experienced traders.
eToro is one of the world’s leading social investment networks and aims to revolutionize the way people invest and enhance investors’ financial education.
eToro has created a multi-asset investment platform that is built on social collaboration and investor education: a community where users can connect, share, and learn.
BROKER INFORMATION
Broker Type | N/A |
Company | eToro (UK) Ltd. eToro USA LLC. eToro (Europe) Ltd. eToro AUS Capital Limited |
Foundation | 2007 |
Country | United Kingdom USA Cyprus Australia |
Regulation | – eToro (Europe) Ltd., a Financial Services Company authorized and regulated by the Cyprus Securities Exchange Commission (CySEC) under license # 109/10. – eToro (UK) Ltd, a Financial Services Company authorized and regulated by the Financial Conduct Authority (FCA) under the license FRN 583263. – eToro AUS Capital Limited is authorized by the Australian Securities and Investments Commission (ASIC) to provide financial services under Australian Financial Services License 491139. – eToro (Seychelles) Ltd. is licensed by the Financial Services Authority Seychelles (“FSAS”) to provide broker-dealer services under the Securities Act 2007 License #SD076. |
Minimum Initial Deposit | $10 |
Account Base Currencies | USD, EUR, GBP, AUD |
Account Deposit Methods | eToro Money, Credit/Debit Cards, PAYPAL, NETELLER, SKRILL, RAPID TRANSFER, iDEAL, Klarna / Sofort Banking, BANK TRANSFER, Online Banking – Trustly (EU region), POLi, Przelewy 24 |
Account Withdrawal Methods | Funds are withdrawn using the same method, and sent to the same account, as previously used for your deposit. Payment will be made in the following order of priority: – Credit card – PayPal – Bank transfer |
Live Chat | N/A |
Public Relations: pr@eToro.com Business Development: bizdev@eToro.com | |
Call | Australia: 1-800 778 439 |
ADVANTAGES
Free Demo Account | Yes |
Spreads | Fom 0.0 pips |
Execution Type | Market Execution |
Introducing Brokers Program | Yes |
Affiliate Program | Yes |
Swap Free | Yes (Islamic) |
Copy Trading | Yes |
Trading Platforms | Web Platform and Intuitive Mobile App |
Scalping | Yes |
Hedging | Yes |
Expert Advisors | Yes |
Products | Forex, Stocks, Commodities, Cryptocurrencies |
DISADVANTAGES
Restrictions | The website is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law. |
68% 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.