ETORO social forex, cfd and cryptocurrency trading platform

Min. deposit
200$
Min. trade price
50$
Website address
https://www.etoro.com/
Profitability
80%*
Demo account
Yes
Currency
AUD CHF EUR GBP JPY USD
Supported languages
Eng Rus
Active
Yes
* The amount that will be credited to the account in the case of a successful deal

Trustpilot Real Time Reviews

Star

The Trustpilot rating is 4.2,
according to 15156 reviews

4.5 Stars
Mustafa
Mustafa
stars
au
Fantastic app and a great team to look after its clients... a big 5 star..

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Mick
Mick
stars
au
Very happy to talk to a real person! Lydia was a pleasure to talk to, looking forward to an ongoing relationship with Lydia and Etoro. Regards Michael

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AS
AS
stars
gb
Help desk team was extremely helpful in setting up of the corporate account. I couldn't have filled out the forms without Stefano's support.

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Filip Kostroun
Filip Kostroun
stars
cz
I have been using the Etoro platform for over two years for long-term holding of shares and cryptocurrencies as well as for day trading. I have had the opportunity to try several other platforms but Etoro suits me the most. It has some of the lowest fees, a large selection of instruments from stocks, cryptocurrencies to ETFs. Very clear and intuitive application with a large social community where you can get more information. From my own experience I have to say that after assigning my own personal account manager the communication is very fast and friendly. Ms. Zuzana Badawaki, as my personal account administrator, does an absolutely excellent job. She is very helpful and kind and responds flexibly to all my questions. I would like to thank Mrs. Badawaki and the whole Etoro Team for their professional approach.

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marco renato ramundo orlando
marco renato ramundo orlando
stars
it
Cesare Pavoncello is a 5 star guy

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Renan Machado
Renan Machado
stars
fr
J'apprécie le contact et les suggestions de Jimmy Bellaich pour diversifier mon porfolio.

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Staffan Ohlsson
Staffan Ohlsson
stars
fr
Awesome support and customer service. This makes eToro stand out among all the online brokers I have used in the past.

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Frank Mueller
Frank Mueller
stars
de
I am in constant and always highly professional dialogue with my advisor, Mario Leitgeb. He always calls me with very good market updates and investment ideas. During our last call we discussed amongst several other things the cryptocurrency market and Mario also provided me with very interesting information about the renewable energy market. He followed up with helpful links and investment opportunities. I am very happy with the frequency of calls and the extremely valuable input provided by Mario.

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Mukram Basha
Mukram Basha
stars
ae
Hanan Saadi was very helpful in providing information in regards to my documents uploading. He was very quick to respond and resolve my query. BRAVO!!

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Fant Fant de Tulipe
Fant Fant de Tulipe
stars
fi
This is a 5-star feedback for my account manager, Benjamin Glauber. There was some bureaucracy and troublesome in Etoro audit/review processes that disturbed me for over a year. Nevertheless, Benjamin has been very proactive and responded super quickly to help me solving the problem, right on the first time he heard about it. The issue was quickly resolved over the weekend. Thumbs up for Ben's professional and efficient works!

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Riccardo Capuzzo
Riccardo Capuzzo
stars
lv
Ottmo servizio, chiaro ed intuitivo. L`assistenza al personale e` impeccabile

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Lesley Masibi
Lesley Masibi
stars
nl
Great event, with awesome speakers discussing market and trends. Staff really great and spent time connecting with investors. Overall excellent impression

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Amit Jain
Amit Jain
stars
ae
I received a call from Bashar Smair, and he informed me that he was my relationship manager - and during the call he patiently talked about my experience at eToro, my investments, my investment strategy etc and walked me through a scenario of how to read charts - although he was clear upfront that reading charts comes by experience and suggested us to improve our knowledge by attending seminars and courses offered by eToro and elsewhere. He seemed very enthusiastic, and supportive of all the queries I had with investments. Looking for more informative sessions with him moving forward.

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Unbekannter User
Unbekannter User
stars
de
Awesome user support/service, honest and helpful. Greet webpage. 100% recommended.

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RJ
RJ
stars
nl
Great event, food and hosts with lots of useful information shared.

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sharath sudhakar
sharath sudhakar
stars
bh
All my questions get answered quickly both by mail and call. Good customer service.

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Victor
Victor
stars
za
I recently met my new account manager - Nimi Horev, and this is the second call that we have had in a very short space of time, since he has taken over my account. All I can say is that Nimi is a breathe of fresh air to deal with. He is professional and patient and I find him extremely knowledgeable. I have had access to the etoro platform for years now, but only since I have spoken to Nimi, have I developed the confidence to use it more extensively. Thanks to Nimi, I have been introduced to the etoroX platform. Yesterday Nimi stayed on the phone with me, waiting patiently for me to find the lost wallet application on my new phone ! Nimi, thank you for taking over my account. It is such a pleasure to talk to you and I truly appreciate all the help you have provided to me in such a short space of time. Keep up the awesome work there !!

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Rúnar Ólason
Rúnar Ólason
stars
fi
Things have been very good dealing with e-toro in the last few months. No hick ups or anything and things have been smooth.

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Atanas
Atanas
stars
bg
The manager informed me of my recent club membership upgrade and told me about the benefits, offered advice and explanation of the benefits and didn't unnecessarily prolong the conversation

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Gáspár Erőss
Gáspár Erőss
stars
gr
Easy to use investment platform and great support from my account manager, Ionut Paulenco. I always get useful information from him and he keeps me up to date with diversification opportunities.

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A huge number of companies providing their clients access to the world financial markets significantly complicate the choice of a trading platform, which will enable to receive high and stable profits. The given problem is actual not only for beginning traders, but also for their more experienced colleagues. Another factor that everyone who is involved in online trading should remember is the presence of various fraudulent schemes on the World Wide Web. They provide an opportunity to deceive traders, regardless of their work experience, the level of theoretical training or other parameters that allow to distinguish decent brokers from scammers. Special interest of traders is evoked by the trading platform Etoro, which has been providing services for more than 10 years, and today has about 6 million users from 140 countries from all over the world.

Main features of Etoro

eToro is, first of all, the international Forex broker that uses advanced technology for copying trades of the most successful traders. This is a unique platform that provides the best conditions for social trading with indices, foreign currencies, shares of well-known companies and raw materials. Choosing among brokers with sufficient experience of activity in the Forex market, you should pay your attention to eToro.

New generation Forex social trading, make money with friends

eToro – revolutionary social forex trading broker

Currently, the number of active users of eToro is about 4 million from different parts of the world. This service is very popular, because of the proposed conditions for trading, which, in fact, are really unique and which attracts more and more traders every day. Actually, eToro is concentrated at the retail segment of the Forex market.

This broker refers to a social investment network, which gives a unique opportunity for traders to make transactions and communicate with each other using the eToro OpenBook application. In fact, using this internal app, you become the “subscriber” of the trader you like, regardless of whether he is your friend or any other trader. EToro OpenBook provides an opportunity to monitor the work of chosen trader, thereby learning the basics and subtleties of his trade. Moreover, this platform includes an additional set of social functions for the productive communication of traders. In other words, you do not necessarily have to be an expert to trade successfully. So, all you need to do is go to the search page of traders, choose the most successful or liked and start copying its transactions “with one click” using the CopyTrader function.

Key indicators and trading conditions of Etoro

If you decide to register an account on a trading platform, before doing so, be sure to check the terms of work on the resource you are interested in. The main indicators of activity of Etoro are:

Founded – 2008

Regulated – NFA

The minimum deposit – $200

The minimum transaction – $50

Leverage – from 1:2 to 1:400

Spread – from 2 points

Recharge methods – Credit card; PayPal; Skrill; NETELLER; WebMoney; Yandex money; UnionPay; Bank transfer; Promotional code.

Assets – raw materials, stocks, indices, currencies

Applications – mobile, tablets

Trading platforms – WebTrader.

Account currencies are American dollars.

There is a bonus for registration.

There are pages in social networks.

Well-known partners – Sberbank, Barclays, Commerzbank, Ping An, Spark Capital.

 

How to withdraw money or replenish an account with Etoro

In order to deposit money for the deposit or withdraw the earned financial means, there are provided:

• Visa and MasterCard (plastic cards).
• Bank transfer.
• Webmoney.
• Neteller.
• Giropay.
• Skrill.
• PayPal.
• Wirecard.
• Yandex Money.
• China Union Pay.

Where to invest

In order for the work on the Etoro trading floor to bring profit, the broker offers the following types of transactions and financial assets: CFD, currency pairs, indices, precious metals, commodities and military-technical cooperation.

In the section “Traders” filters for finding the right trader are placed, so that you will be able to find suitable treder according to chosen profitability, drawdowns, aggressiveness and other parameters you specify. Having copied the transactions of the selected trader, you, therefore, instruct the system to repeat all of his actions. So, you eventually, will earn the same percentage of the transactions as a chosen trader. And the main thing in this is that you can stop copying the actions of the trader at any time.

Control of activities and licensing of the broker

The company in question is registered in Cyprus, where it has a head office, and its work is controlled by CySEC (Cyprus Commission on Exchanges and Securities). In the UK, the broker received all the documents required by the Financial Supervision Authority (FCA), necessary for work in Europe. These organizations confirm the fact that Etoro is a reliable and sustainable, financially, a company.

Clients of the broker can’t worry about the safety of their deposits: they are stored in separate accounts in reliable banks. If you decide to leave the trading platform, you will receive timely and full refund of financial resources, after agreeing all organizational issues with broker representatives.

Training

Everyone is given the choice to make deals independently or to copy the actions of the selected trader. In cases where you are interested in independent trading, use the WebTrader 2.0 platform and do not invest in other traders. If you decided trading on your own, you will be available to use instruments from the following categories: exchange-traded funds, commodity markets, stocks, indices and currencies.

In addition to theoretical knowledge, users of the trading platform can be trained using the demo account on Etoro, with a balance of 100 thousand virtual dollars. This service allows you to check how the trading platform works and make sure that all the declared features of the web resource are not advertising, but the actual performance indicators of Etoro.

How to get started on the platform

Start trading with eToro is very simple:

• Firstly, you are going through free fast registration and create own account.

• Then, you need to refill the account for the amount of 50 to 1000 USD – the sum depends on the country and the requirements of local legislation (we hasten to note that for unverified users of eToro, the total amount of replenishment of the account can not exceed $ 2,250).

• In the section “personal cabinet” choose a real or virtual portfolio, as well as financial funds for personal investment, or copy transactions of other traders.

All trading accounts on eToro can be opened only in US dollars. Therefore, when making a transfer in other currency, the amount is converted at the current market rate to USD. It is important to remember that commission is always charged for every currency conversion.

The site also has an extensive database of studying materials, analytics and even an online course of trading. In general, there is more than enough information for a trader of any level. A convenient and intuitive interface makes all the proposed features of the site easy in use.

eToro offers an advantageous option for large investors as a portfolio “CopyFunds”. This portfolio can include at the same time financial markets and successful traders. Since the portfolio is composed of reliable and most profitable assets and traders, its owner can be sure of its profitability. In fact, you simply invest funds, and the company’s specialists independently diversify all the risks, doing independently all the trading process.

eToro – an ideal investment option for everyone!

If you are an experienced player then invest independently promoting your own trading strategy, and if you are new or unsure of your own abilities – copy successful traders and get a profit right now!

START TRADING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.