Club membership levels offer a range of exclusive perks, and traders can move up or down tiers depending on their equity levels. This feature can save traders time and confusion when certain instruments become temporarily unavailable due to public holidays. Traders with account balances under $5,000 can submit inquiries online and open service tickets via the Help Center.

New account applicants at eToro start by completing a simple online registration form. Whether you are a beginner wanting to learn the platform or a seasoned trader looking to test new strategies, eToro’s demo environment provides a risk-free way to practice. Islamic (Swap-free) accounts are also available upon request, but they require a minimum deposit of $1,000.

• CopyTrader provides the extent of trading idea generators at eToro.
• In addition, eToro charges a $10 inactivity fee per month after 12 consecutive months of no trading activity.
• EToro offers an Islamic account that complies with Sharia principles.
• It does not offer a SIPP, provides ISAs only via a partner, and its USD-based trading model can lead to currency conversion fees for UK users.

Trading Technology

This feature rolled out in 2025, though eligibility varies by state and account setup. If needed, support can adjust the simulated balance within platform-set limits. You can set up recurring investments and buy fractional shares in stocks or ETFs. Outside the U.S., users can trade over 40 FX pairs, 35 commodities, and 20 indices via CFDs (availability depends on region). This feature supports building diversified exposure to crypto themes, sectors, or managed strategies with one click. These ready-made, theme-based baskets group assets or top traders.

How eToro Protects You from Reckless Leverage and Margin Trading

While eToro aims to provide competitive execution speeds, the platform’s reliance on a market maker model can lead to potential conflicts of interest, especially in fast-moving markets. The performance and reliability of eToro’s trading platform are critical factors for user satisfaction. One notable case involved a user who experienced significant delays in withdrawing funds during a market surge, leading to frustration over the platform’s responsiveness. Additionally, eToro offers negative balance protection, meaning that clients cannot lose more etoro forex broker review than their deposited funds. Client funds are held in segregated accounts at tier-1 banks, which protects them in the event of the company’s insolvency.

This year, the broker added 24/5 U.S. equity trading and expanded its American crypto lineup to 100 assets, now matching its 130+ global offering. Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license. In conclusion, eToro is not a scam; it operates as a legitimate trading platform regulated by several reputable authorities. Using eToro involves several risks that traders should be aware of. The absence of automated trading strategies on eToro may deter some advanced traders who prefer algorithmic trading.

Instruments are also grouped into categories, making the discovery of new trading opportunities easier. The app includes an efficient search bar, allowing you to quickly find instruments by name or asset class. Even though the smaller screen space presents limits, eToro has managed to present its most important tools in a well-organized interface that mirrors its web offering.

eToro for Advanced / Pro Traders

Deposits are usually instant for cards and e-wallets, while bank transfers can take a few working days, and eToro does not charge deposit fees. The eToro web and mobile platforms are intuitive, visually clean, and well suited to beginners, though they lack advanced customisation for professional traders. Regulation is one of eToro’s strongest points compared to offshore trading apps. EToro is low-cost for UK users investing in stocks and ETFs, offering 0% commission when buying real assets without leverage.

You can browse Popular Investors stats like percentage of return, what coins they trade, risk level, and more. Discover other traders to copy by selecting Copy Traders in the menu. You can allocate funds to copy the moves of Popular Investors on eToro — it’s a great way to access the expertise of others to your advantage! Make sure you fully understand how CFDs work and check that you can afford the risk of losing your money. A former co founder and CEO of German Kraft Brewing, he now focuses on personal finance, investing and the evolving crypto landscape.

Commissions

• U.S. users pay a $0 withdrawal fee with a $30 minimum.
• Traders can access commodities like gold, oil, and silver through CFDs.
• EToro’s third-party research is powered by TipRanks, a leading source for up-to-date recommendations from professional analysts at investment banks and financial companies from around the world.

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. Overall, eToro’s fees are at the higher end compared to many of its competitors. Available options depend on the trader’s country of residence, and processing times and fees can vary. After logging into your account, you need only click “Deposit Funds” to access the range of deposit methods. Depositing funds with eToro is simple, with traders accessing options like credit cards, PayPal, Neteller, and local bank transfers, although availability depends on the country of residence.

EToro only offers a narrow range of order types on its platform. There are no mutual funds, futures contracts, or forex on eToro’s U.S. platform, and all trading is limited to long positions only—there is no short selling. The app is built with interactive functionality so you can engage with other traders and navigate to popular investor profiles. 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. The eToro platform features a straightforward and simple user interface that makes it easy for traders to find what they’re looking for.

EToro offers a frictionless onboarding and learning experience. Seasoned users still get features that support diversified investing. EToro caters effectively to both inexperienced and professional traders. Securities are generally insured (e.g., SIPC in the U.S., FSCS in the U.K.), but crypto assets carry limited or no formal protection.

Interactive Brokers (IBKR)

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. New investors, social trading users, and those who prefer a single app for stocks, crypto, and demo practice. EToro is best for beginners and casual investors who want commission-free stock investing, copy trading, and a mobile-first platform that combines stocks, ETFs, and crypto in one app. EToro is a multi-asset trading and investing platform that lets UK users invest in stocks, ETFs and crypto, and trade CFDs, all from one FCA-regulated account. EToro is a FCA-regulated multi-asset trading and investing platform that lets UK users buy real stocks and ETFs, trade CFDs, and invest in crypto from one app. EToro’s spreads and withdrawal fees are on the higher side, but the value of its social trading platform arguably justifies the cost for many users.

EToro offers a significantly broader range of options on its international versions of the experience. EToro’s mobile app is user-friendly, with a simple, uncluttered design. Getting up and running doesn’t take long, and you can start trading quickly. EToro provides a streamlined onboarding process with a self-guided questionnaire that asks for some personal information to help set up your account. This article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies, nor can the accuracy or timeliness of the information be guaranteed.

Trade Experience

Customer support at eToro is structured around account balance levels. Although the withdrawal fee is flat and not percentage-based, withdrawals in currencies other than USD incur a currency conversion fee. Withdrawals are subject to a fixed $5 withdrawal fee and require a minimum withdrawal amount of $30. Not all methods are available to all traders, depending on their location. Clients from countries like New Zealand, Kuwait, and others face a $1,000 minimum deposit, while traders in Israel are required to deposit as much as $10,000.

Swap fees and Islamic accounts

Additionally, users won’t find many order types beyond basic market and limit orders, which prevents more advanced traders from getting the most out of the system. EToro offers 100+ cryptocurrencies, over 5,000 stocks, and more than 730 ETFs, covering the most important assets and securities. On the eToro platform, a “Trading” tab lets you view prices and buy, sell, or convert crypto, ETFs, or stocks. The platform supports a wide variety of financial institutions that you can link up to eToro to make deposits into your account. That enables users to understand the thought process behind many of the successful traders on the platform, making the decision of whether to copy these traders a lot easier. EToro’s flagship CopyTrader feature allows you to quickly and easily search for and copy the crypto trades of popular traders on the platform, making it incredibly easy to get started.

Platform Usability (Web + App)

Arincen may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers. Never invest money you cannot afford to lose, and carefully assess the suitability of complex products such as CFDs and derivatives in light of your financial situation. You can review trader performance stats, risk scores, and portfolios before deciding whom to copy. Additional private insurance of up to €1 million is available for eligible users in Europe and Australia. Survey number “2,” in which we asked these companies’ customers for important feedback and past experience. Its proprietary platforms are well-crafted and easy to navigate.

Traders can view detailed statistics such as portfolio performance, risk scores, and historical returns before choosing to copy a trader’s strategy. While the content is user-generated and not considered expert analysis, it gives a sense of community and highlights which instruments are getting attention across the platform. The wallet is managed by eToroX, the company’s crypto subsidiary, and supports a wide range of coins.

In testing, verification was completed within a day, deposits were instant via Faster Payments, and both web and mobile platforms were smooth and beginner-friendly. Opening an eToro account in the UK is fast, fully online, and usually completed within 24 hours, with no paperwork or branch visit required. When you use leverage, short sell, or trade forex, indices, or commodities, you are trading CFDs.