eToro reviews

eToro_logo eToro 7/10 (votes 10621)

On-line since: 2007
Country of origin: Cyprus
Regulation: CySEC, CIF, FCA, MiFID
Payment options: bank transfer, PayPal, Neteller, Skrill, WebMoney, Yandex.Money
Minimum account size: $50
Minimum lot size: 0.1 lot
Leverage: 1:100 - 1:400
Spreads: 2 points for EUR/USD

eToro is a licensed European broker that provides thousands of clients with access to the Forex market. The main feature that distinguishes eToro from other brokers is a social trading network. In other words, every trader can see trade process of other eToro clients and their history of transactions. Moreover, eToro clients can copy deals of successful traders and use their algorithms for an additional fee. The company use WebTrader platform for trading.

eToro’s legal address is registered in the Republic of Cyprus. The company is governed by CySES, CIF, FCA, and MiFID.

eToro traders can invest in currencies, CFDs, stocks, oil and metals.

You can register in the system as a trader or as an investor. Investors have an opportunity to make their account public. If you have a public account, you can allow other users to see it, as well as start blogging or manage other accounts, which will bring you an additional profit.

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Comments about broker

Robert trader
review eToro
20-06-22

eToro has nothing good with its services and platform. I feel so guilty after I joined eToro for trading. I got the worst execution and $410 losses. I was unable to trade on their platforms due to slow execution. my order didn't execute huge slippage and the position got lose, even I can't close my order in the running market

Kwinn trader
review eToro
08-09-21

I have colleagues from different countries. And most of them think that this broker is not good. Many bad influences for our money. And 3 months ago I had put my deposit of $ 8000. However, when my colleague gave evidence that this broker was very detrimental, I immediately withdrew all my money. Within two days I was straight out away of this broker.

Travis trader
review eToro
28-07-21

eToro is quite popular all over the world. That is why I decided to open an account with them. However, I did not expect that they charge very high trading fees. It was so unreasonable because I can end up broker just because of their fees.

Filbert trader
review eToro
11-12-20

I traded with them for 2 months and I request to withdraw my funds $400 left, before I lose them all. I closed my account and move to another broker. I opened a live account with Trade com after I tried their demo account which worked fine. I deposited $500 with Web Money. The funds were in my trading account the next working day and I started to trade on their Meta Trader 4 platform right away. They have manipulated trading circumstances. Platform delays frequently. From a spread of 2 pips up to 5 pips during volatility times on EUR/USD, they aren't the lowest in the market.

Gizelle trader
review eToro
10-11-20

I started trading at eToro a few months ago. At first, the trading conditions seemed great. I was able to earn a little which was already great for me since I am a newbie. But then as weeks went by, the platform also started to become terrible. I don't know if it was because of the update but I haven't used the platform decently ever since.

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