In this eToro Review 2025, we assess the broker’s credibility by using our FX Trust Score Index to evaluate regulatory compliance, security and fund protection measures, customer suppoty, online reputation and trading conditions. Our detailed eToro review provides valuable insights you may wish to consider before trading with this forex broker. From market analysis and trading strategies to interviews with industry experts, this podcast covers the breadth of the forex landscape.
Zero respect for users
EToro’s account has a minimum deposit requirement of only 100 USD, making it accessible to most traders. Overall, eToro offers a wide range of financial instruments but really stands out for its commodities and ETFs. Verified accounts have a green tick next to the username on the user’s profile.
Supported Platforms
EToro only offers a narrow range of order types on its platform. 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. The eToro platform features a straightforward and simple user interface that makes it easy for traders to find what they’re looking for. This is a high-risk investment, and you should not expect to be protected if something goes wrong. We use dedicated people and clever technology to safeguard our platform.
- However, these features are often more popular among beginners who haven’t yet developed advanced trading strategies.
- A digital wallet, known as the eToro Wallet, is provided by eToro to store cryptocurrency.
- Under eToro Europe (CySEC regulated), users may be legible for up to €20,000 as part of the Investor Compensation Fund (ICF) in case of insolvency.
- Phone and email support is available, but the contact information is not readily available for you to find.
- EToro provides a newsfeed with relevant market movements that is updated daily by its team of in-house market analysts.
- EToro offers a limited selection of market analysis and sentiment tools, but it offers excellent copy trading tools.
Trade Experience
The account managers understand the markets and how eToro can support the customer in their aims. Not something you see on other investment platforms. Join eToro’s social trading investment network revolution!
Great Investment Platform
Online broker eToro has added a new feature to its platform enabling traders to review their experience over the past year. Before trading high-risk products you should consider opening a tax-efficient ISA account with on of these stock and shares ISA providers. But, CFDs are a very risky and complex trading tool and only suitable for experienced investors as around 76% of retail investors (private clients) lose money when trading CFDs on eToro. EToro actually offers some of the fewest markets to trade, with just under 3,000 (compared to IG’s 17,000) stocks, indices and commodities available to buy and sell. It is important for individuals to conduct their own research and consider seeking advice from an independent financial advisor before making any trading or investment decisions. Trading in financial markets involves significant risk and is not suitable for every investor.
Why use the Good Money Guide?
Only the biggest movers of the day and trending assets are highlighted on the platform. Currently, there are no mutual fund screener tools are available, as this asset class is not offered on the platform. EToro lacks many of the tools, calculators, and detailed trading functionality that most sophisticated investors would find necessary to carry out advanced trading techniques. EToro makes money by taking the difference between bid and ask prices. Beyond that, screening tools 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.
I urge others to avoid trading on the eToro platform. Etoro, the platform that is aimed at beginners, has now started etoro forex broker review issuing an AI’s opinion of a stocks potential gain. In comparison to other platforms I found the site clunky and difficult to navigate – could be so much easier. I have been a loyal customer since 2018 and Its ok for stocks but avoid crypto at all costs!!! Never buy crypto on this platform. Their fees are greedy, but the worse is the extremely slow time it takes to withdraw or move crypto.
Interactive Brokers
However, the list of tradable assets across all supported asset classes is not as long as at some eToro’s competitors. EToro generally has a transparent platform in terms of pricing but is lacking when it comes to execution statistics. A digital wallet, known as the eToro Wallet, is provided by eToro to store cryptocurrency. Phone and email support is available, but the contact information is not readily available for you to find. Outside of this self-serve option, more traditional customer support options are limited.
Beginner traders would also benefit greatly from being able to attend webinars on CFD trading basics and risk management. EToro hosts a short course titled The Complete Guide to FinTech that teaches traders the basics of trading – especially trading on the eToro platform. Overall, eToro’s market analysis materials are poor compared to those of other large international brokers.
- For more complex issue, such as identity verification, transaction disputes or document submission, users are encouraged to open a support ticket.
- Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry.
- To contact Richard, please ask a question in our financial discussion forum.
- Theft and fraud by this company- just report to FCAAbsolutely shocking service to try and get my money since December 2024.
This broad regulatory footprint strengthens eToro’s credibility and reinforces its reputation as a globally trusted trading platform. In Australia, the broker is licensed by the Australian Securities and Investments Commission (ASIC), providing additional assurance for traders in the Asia-Pacific region. EToro is long-established and widely recognised for its social trading model and strong brand presence. You’ve successfully signed up for our forex newsletter, where you’ll receive expert insights, market analysis, and the latest news straight to your inbox. We’ve tested hundreds of Forex brokers to find the safest, low-cost, and reliable brokers.
Stay away from this company if you don’t want to deal with having money stolen, constant frustration and poor service. Theft and fraud by this company- just report to FCAAbsolutely shocking service to try and get my money since December 2024. Closed my account and instead of the $1500 I had transferred I received $1423. Never had this happen on another platform. After establishing an account with Etoro I deposited $1500. EToro is a scam company, they slow you to deposit your money and then you can’t withdraw your money they are scammer If you don’t want your money invest with EToro Kiss your money goodbye.
Check out these other guides to enhance your forex trading knowledge and skills. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Every broker we recommend meets strict trust and safety criteria and is tested for reliability, transparency, and overall trading experience. To ensure fairness and transparency, we independently verify broker claims and integrate real-user feedback, regulator data, and live trading tests. FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics.
While users can sift through a list of eToro’s available ETFs based on proprietary social inputs, there is no option to customize their search with helpful technical or fundamental indicators. The platform also offers a volatility tracker where you can view the biggest movers. EToro offers a simple stock screening tool that allows you to filter stocks by a range of criteria. The CopyTrader product and social trading element remain the focus of eToro’s trading experience. An investment team monitors the portfolio offerings to ensure that they continue to match thematic elements and risk parameters. You can invest in a wide variety of portfolios that focus on everything from private equity and infrastructure to technology and healthcare, while blending the allocation of ETFs, stocks, and cryptocurrencies.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. The value of your investments may go up or down.
EToro’s fees are in line with most other online brokerages and crypto trading platforms. 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. Launched in 2007, eToro began as a social trading pioneer and has evolved into a full-featured multi-asset platform combining forex, stocks, crypto, commodities, ETFs, indices and more. Explore the best Forex brokers for beginners, with user-friendly platforms, educational resources, and demo accounts.
