eToro
eToro Review
eToro revolutionized online trading with its social trading platform, allowing users to copy the trades of successful investors. With over 30 million users worldwide, eToro offers access to stocks, crypto, ETFs, and forex. The platform is extremely beginner-friendly with a $50 minimum deposit.
Detailed Rating Breakdown
Pros & Cons
Pros
- Social copy trading
- User-friendly platform
- 6,000+ assets available
- Beginner-friendly
Cons
- High withdrawal fees ($5)
- Wide spreads on forex
- Inactive account fees
At a Glance
| Established | 2007 |
| Headquarters | Tel Aviv, Israel |
| Regulation | FCA, CySEC, ASIC |
| Min Deposit | $50 |
| Max Leverage | 1:30 |
| Platforms | eToro Platform, eToro Mobile App |
| EUR/USD Spread | 1.0 pips |
| Withdrawal Time | 1-8 business days |
Fees & Spreads
EUR/USD Spread: 1.0 pips
Commission: 0% on stocks (CFDs have spread)
eToro offers competitive pricing suitable for both beginners and professional traders.
Our Verdict
eToro is perfect for beginners and social traders who want to learn from experienced investors. The copy trading feature is unique and powerful. However, more experienced traders might find the fees and spreads higher than competitors.
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