EToro is a global multi-asset broker known for its market-leading social trading platform, offering access to over 7,000 instruments across stocks, FOREX, commodities, cryptocurrencies, indices, and ETFs. If you look at the trading and investing industry eToro have out-marketed and out-advertised even some of the best trading platforms, particularly for new traders and investors taking their first step into financial speculation. It’s not trying to be a full-service brokerage — it’s a social investing platform first, with trading tools built into the experience. And while eToro doesn’t offer advanced order types for stocks and ETFs, our research finds its crypto trading platform far more flexible, with limit orders, stop-loss, and take-profit options available. The platform also shares sentiment information drawn from the trading activity of its top-performing investors, giving traders a sense of market direction based on peer behavior.
Offering of Investments
If you are a single‑leg speculative options trader who only buys calls and puts, this commission structure will not hinder you, but strategies that require closing short options may incur additional costs. However, eToro does not participate in a dime‑buyback program, so you cannot close short options priced at $0.10 or less for free. EToro USA LCC does not offer CFDs; only real crypto assets are available. If you are outside the U.S. or interested in forex trading, you might like to read our reviews of eToro on our sister sites, UK.StockBrokers.com and ForexBrokers.com. When we reviewed eToro last year, it offered 24 cryptocurrencies in the U.S. If you’re looking for a platform with bonds, futures, mutual funds, or forex, you won’t find them here.
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The broker provides access to over 7,000 tradable instruments, making it one of the most comprehensive multi-asset brokers on the market today. It also supports around 130 cryptocurrencies for spot trading or CFD speculation, although U.S. clients are limited to buying real coins. EToro is ideally suited for traders who are drawn to the concept of social trading. Taking all these factors into account, eToro is widely seen as a trustworthy and safe broker for traders across different regions. EToro is considered a low-risk broker and a safe option for traders around the world.
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An investment team monitors the portfolio offerings to ensure that they continue to match thematic elements and risk parameters. EToro’s Smart Portfolios lets you select from diversified automated portfolios so you don’t have to allocate your money yourself. EToro doesn’t disclose order execution quality statistics, but it has a best execution policy and has a very low level of payment for order flow, suggesting that the broker follows it. They include market order, limit order, stop-loss order, and take-profit order. EToro only offers a narrow range of order types on its platform.
I find that eToro’s pricing structure favors options traders and crypto investors from a surface level. EToro offers cryptocurrencies, stocks, options, and ETFs, including fractional shares. If you thrive on debating strategies, learning from like-minded traders, and a community-centric investing experience, eToro is your platform. A new wave of investors is learning about trading through short-form content, social media, online communities, and collaborative experiences.
By that time, eToro had invested heavily in preparation for the IPO, contributing to a net loss of $265 million for 2021. That year, eToro also acquired Marq Millions, its UK e-money division, rebranding it as eToro Money, and obtained Visa’s primary membership along with an electronic money institution (EMI) license from the UK’s Financial Conduct Authority. Financially, 2020 proved a landmark year for eToro, with a 147% year-over-year growth, a 275% increase in funded accounts, and a gross revenue of $605 million. Shortly after, in November 2019, eToro acquired Delta, a crypto portfolio tracking app based in Belgium.
eToro deposit fees and options
EToro is known for substantial investments in marketing, which include sports sponsorships and traditional advertising. In February 2025, eToro (Europe) Ltd received a permit from the CySEC to offer crypto services in the EU under the Markets in Crypto-Assets Regulation (MiCA). In 2023, the company received an approval from Financial Services Regulatory Authority (FSRA) of ADGM to launch in the UAE and added ISA offering.
EToro supports over 80 cryptocurrencies, including BTC, ETH, ADA, XRP, and SOL, with new assets added regularly. If your goal is to invest in crypto without diving into the deep end, it’s hard to beat. EToro strikes a great balance between simplicity and security, especially as a global platform. The spreads are higher than spot exchanges, and you’re missing out on deeper tools like margin trading, advanced charting, or order books. With staking rewards and features like CopyTrader and Smart Portfolios, you don’t need to actively trade every day to benefit from market moves.
- They’re consistently rebalanced and structured with exposure, balance, and risk in mind, offering a more systematic way to invest in digital assets.
- And while I could dig into some financial data, what set eToro apart was the ability to discuss everything with the community in real time.
- Trading on eToro can be profitable, but like any investing platform, there’s also significant risk.
- What makes eToro stand out for me is that it’s a simple, regulated, all-in-one investing platform.
- EToro credits payment to your cash balance if you hold a position in a stock or ETF that pays dividends.
- For high-frequency or high-volume traders, this spread may feel expensive relative to tighter spread brokers.
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Why do traders use eToro for Crypto?
In August 2022, eToro signed a definitive agreement to acquire Gatsby, a fintech startup specializing in options and stock trading, for $50 million in cash and stock. In 2013, eToro expanded its product range, allowing investments in stocks and CFDs alongside commodities and currencies, with an initial offering of 110 stocks that later grew to over 3,000 financial products. This included the copy trading feature, enabling users to replicate the trading strategies of top-performing investors automatically. EToro offers a free demo account that simulates live-market conditions with real-time pricing. The broker continues to gain traction in the social trading space with growing trading volumes and product innovation.
- Everything feels designed to connect investors, whether through discussions, shared insights, or even mirroring other traders’ moves.
- The content on b3i.tech is provided for educational and informational purposes only and should not be considered financial, legal, investment, or professional advice.
- By that time, eToro had invested heavily in preparation for the IPO, contributing to a net loss of $265 million for 2021.
- Between 5 October 2021 and 14 June 2023, almost 20,000 eToro clients reportedly lost money.
Why eToro is bad for beginners
In the U.S., banking is limited to its crypto wallet, eToro Money, which lets you transfer, send, and receive cryptocurrencies and even convert one digital asset to another. It felt odd to see detailed resources on an asset class that isn’t available to trade on the platform. Education is also woven into the News and Analysis page, which combines market updates with explainers on major trends. Beyond videos, eToro offers courses with integrated quizzes, a variety of well-written articles, and engaging financial explainers through the eToro Academy. I didn’t see multiple perspectives or diverse reports from different sources which are valuable resources provided by the best brokers in the research category. When it came to macro-level research, I did appreciate eToro’s market commentary newsletter, written by an in-house analyst.
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Even though eToro claim that less than 5% of their business last year was done on CFDs (probably because everyone was investing in crypto), they still offer contracts for difference (CFDs). The copy trading feature means that if you find a particular trader’s portfolio interesting, you can opt to copy it and their future traders. There is also an emphasis on buying a certain amount of a stock, instead of the traditional number of shares, which reduces the number of calculations new traders need to make before executing a trade. But there are also some downsides and significant risks for those new to investing. Yes, eToro is good for beginners as the platform is really simple and they offer access to the most popular and trending investment. Moreover, the company has not reported any major security breaches on its platform.
In addition, eToro charges a $10 inactivity fee per month after 12 consecutive months of no trading activity. This flat fee structure can actually benefit high-volume traders since it’s not percentage-based. Withdrawals are subject to a $5 fixed fee, although U.S. traders are exempt. On the plus side, converting from one cryptocurrency to another incurs a low conversion fee of just 0.1%, plus prevailing spreads. As a Market Maker broker, its typical spreads are slightly wider than the industry average.
This is a high-risk investment, and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest.
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Between 5 October 2021 and 14 June 2023, almost 20,000 eToro clients reportedly lost money. ASIC argued that eToro’s target market for CFDs was overly broad for such a high-risk product. In 2015, Quebec authorities placed eToro on a blacklist of unauthorized foreign companies, citing its encouragement of local residents to invest in binary options through its platform. In July 2024, eToro announced a partnership with the London Stock Exchange, aiming to add over 1,000 new UK stocks in the coming months. In June 2024, eToro announced a financial education partnership with X for the UK, Germany, France, Italy, Spain, the UAE and the US markets. However, due to market instability and internal challenges within the SPAC, including “material weaknesses” in its financial controls, the deal was canceled by mid-2022.
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EToro makes money by taking the difference between bid and ask prices. Beyond that, screening tools etoro forex broker review and other more robust trading functionalities are largely absent. Charting capability is included with all asset types, but no backtesting capabilities are included on the platform. These portfolios are particularly appealing to beginner investors.
Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Additionally, our team of researchers verified the survey responses and collected any missing data points through online research and conversations with each company directly. We combined our industry research, subject matter expertise, and investor survey data to guide the research and weightings for our 2024 online broker awards. EToro’s U.S.-based cryptocurrency business, operating under the entity eToro USA LLC, is a registered Money Services Business (MSB) with FinCEN. Just as notable, eToro doesn’t support margin accounts.
Experienced traders looking to execute orders without the social feel may find eToro to be a bit of an adjustment, but overall, the mobile app is very intuitive. Beginner investors may feel more comfortable with the app’s familiar feel since eToro is not modeled on other traditional brokerage offerings. The beginner-friendly user interface, combined with the feel of a social media app, makes for an innovative, creative user experience. It is also easy to set up an eToro Options account, which lets you trade options in the eToro Options app. The mobile app and web-based user experience offer similar functions and features, allowing users to seamlessly transition between them to trade through their preferred version.