Overall Rating: ★★★★☆ (4.3/5.0)

eToro is a globally recognised multi-asset brokerage founded in 2007, best known for pioneering social trading and offering a user-friendly platform that combines forex, CFDs, stocks, ETFs, and cryptocurrencies under one roof. Regulated in multiple jurisdictions including the FCA (UK), CySEC (EU), and ASIC (Australia), eToro stands out for its CopyTrader system, zero-commission stock investing, and accessible interface for beginners. With over 30 million users worldwide, eToro has earned a reputation for transparency, regulation, and community-driven investing.

This review examines eToro’s key features, regulatory framework, pricing, and whether it’s the right broker for you in 2025.

Key Features

eToro is ideal for traders and investors seeking both autonomous investing and social trading features in a single platform.

• Trading Platform:
  • Proprietary Web and Mobile Platform
  • Highly visual, intuitive, and designed for retail investors
• Markets Offered:
  • Forex, indices, commodities, stocks, ETFs, cryptocurrencies
  • Over 3,000 instruments
• Account Types:
  • Single account with optional Islamic (swap-free) version
• Leverage:
  • Retail clients: up to 1:30 (EU/UK/AU)
  • Professional clients: up to 1:400
• Minimum Deposit:
  • $50–$200, depending on region
• Funding Methods:
  • Bank transfer, credit/debit card, PayPal, Skrill, Neteller, Klarna, crypto

Regulation and Security

eToro is heavily regulated and offers strong protection for client funds.

• FCA (UK) – [Ref. 583263]
• CySEC (Cyprus) – [Licence No. 109/10]
• ASIC (Australia) – [AFSL 491139]
• SEC & FINRA registration for US services
• Client funds held in segregated Tier 1 banks
• Negative balance protection for retail clients
• Investor Compensation Fund (EU clients)

eToro’s global regulatory footprint is one of the strongest among online brokers.

Pricing and Costs

eToro promotes zero-commission stock investing, though CFD trading includes spreads and overnight fees.

• Spreads:
  • Variable spreads starting from 1.0 pip on major forex pairs
  • Crypto spreads can be wider due to market volatility
• Commission:
  • 0% commission on stock and ETF investing (non-leveraged positions)
  • CFDs include spread + overnight swap fees
• Deposit/Withdrawal Fees:
  • No deposit fees
  • Flat $5 withdrawal fee
• Currency Conversion Fee:
  • All accounts are in USD; non-USD deposits incur conversion fees
• Inactivity Fee:
  • $10/month after 12 months of inactivity

Educational Resources and Customer Support

eToro offers a strong blend of beginner content, interactive tools, and community-driven insights.

• Education:
  • eToro Academy: tutorials, videos, courses, trading strategies
• Market Analysis:
  • Blog updates, sentiment data, analyst ratings, and social insights
• Customer Support:
  • 24/5 live chat and ticket system
  • Help Centre with comprehensive FAQs
  • Premium support for eToro Club members

Risk Management Tools

eToro offers several customisable tools to help manage trading risk effectively.

• Stop-loss, take-profit, trailing stop orders
• Risk score monitoring for CopyTrading portfolios
• Negative balance protection
• Portfolio diversification tools
• No guaranteed stop-loss orders (GSLOs)

Pros and Cons

Pros

• Strong multi-jurisdictional regulation
• Industry-leading CopyTrader and social trading tools
• 0% commission stock investing
• Easy-to-use platform ideal for beginners
• Wide range of assets, including real crypto ownership and CFDs

Cons

• Limited platform for advanced traders (no MT4/MT5)
• Higher spreads on forex and crypto
• $5 withdrawal and currency conversion fees
• Not ideal for scalping or algorithmic trading

Conclusion: Is eToro the Right Choice?

eToro is one of the most trusted and beginner-friendly brokers in the world, ideal for those seeking simple, regulated access to a diverse range of markets with added benefits like CopyTrading and zero-commission investing. While not suitable for advanced technical traders or scalpers, it remains an excellent option for long-term investors, part-time traders, and those looking to copy expert strategies in a transparent, social environment.