eToro
Your Gateway to Global Trading
Trade Forex, Stocks, Indices and Commodities with competitive spreads
Key Broker Details
Quick Facts
Regulation
CySEC (Cyprus), FCA (UK), ASIC (Australia), FSCA (South Africa), FSA (Seychelles)
Country
Israel (Global HQ)
Min. Deposit
$50.00
Spreads
From 1 pip (forex majors); variable on CFDs/stocks
Pros
What we like
- Innovative social/copy trading with CopyTrader to replicate successful traders automatically.
- Zero-commission on stocks and ETFs; diverse 5,000+ assets including 100+ cryptos.
- User-friendly mobile app and web platform with strong community features.
- Free demo account and eToro Academy for comprehensive education.
- Multi-asset diversification across stocks, forex, commodities, and indices.
Cons
Areas for improvement
- Higher spreads on forex/CFDs (from 1 pip) compared to ECN brokers.
- $5 withdrawal fee and $10 inactivity fee after 12 months.
- Limited advanced tools for pro traders; no MT4/MT5 support.
- Restricted in some countries like Canada and parts of Asia due to regulations.
- Crypto transfers incur 1% fee; no negative balance protection in all regions.
Broker Summary
eToro is the world's leading social trading platform, empowering 35M+ users to copy top investors, trade stocks, crypto, ETFs, and CFDs with zero-commission stocks, innovative CopyTrader, and eToro Academy for free education—ideal for beginners and pros in 2025.
Trading Platforms
Mobile Trading
Yes — eToro has a mobile app (iOS & Android) with full trading, social / copy-trading, portfolio monitoring.
Web Trader
Yes — proprietary web-platform.
Safety & Regulation
Capitalization
$3.5B+ (valued at $3.5B in 2023; public listing in 2025)
Insurance
Up to $500K SIPC (USA securities/cash); £85K FSCS (UK); private insurance up to $1M for Platinum+ club members (excl. crypto)
Licenses
Regulatory Licenses: CySEC #109/10, FCA #583263, ASIC #491139, FinCEN MSB #31000204884179, FSA (Seychelles) #SD076
Jurisdictions
Cyprus (EEA), UK, Australia, USA, Seychelles
Trading Tools
Social Trading
Econ Calendar
Account Managers
Payments
USD/GBP/EUR accounts; supports local currencies in EEA/UK to avoid FX fees
eToro Overview
Comprehensive broker information and trading capabilities
Languages & Region
English, Spanish, French, German, Italian, Arabic, Chinese, Japanese, Korean, Portuguese, Russian, Thai, Turkish (20+ total)
Israel (Global HQ)
Pricing & Fees
Zero-commission stocks/ETFs; spreads from 1 pip; $5 withdrawal; 1% crypto fee; overnight fees on leveraged CFDs
Deposit Methods
Credit/Debit Cards (Visa/Mastercard), PayPal, Bank Wire Transfer, Neteller, Skrill, Trustly, ClearPay
Withdrawal Methods
Bank Wire Transfer, PayPal, Credit/Debit Cards, Neteller, SkrillPayment Methods: USD/GBP/EUR accounts; supports local currencies in EEA/UK to avoid FX fees
Trading Platforms
cTrader
Leverage
1:30
Account Types
Standard Accounts, Islamic Account, Classic Account, Copy Trading Accounts, VIP Accounts
Customer Support
24/5 live chat, email, ticket system; multilingual phone in select regions
Fund Security
VPS Hosting
eToro Insights & Features
Discover what makes eToro stand out with comprehensive tools and resources
News & Analysis
Market insights and analysis
✅ (Integrated news feeds, market insights, blogger sentiment)
Top Feature
Standout platform feature
CopyTrader™ – Automatically replicate trades from 35M+ successful investors for hands-free social trading.
Research Tools
Advanced research capabilities
✅ (Research Tab: analyst ratings, earnings data, insider trades, sentiment analysis)
Educational Resources
Learning materials and courses
✅ (eToro Academy: free courses, webinars, podcasts, videos for beginners/pros)
eToro Account Structure
Compare account types and features
eToro Account Types
| Feature | Standard (“Real”) Account | Islamic / Swap-Free Account | eToro Club / VIP (Silver → Diamond Tiers) |
|---|---|---|---|
| Description | The regular live trading account with all assets, CopyTrading, etc. | A version of the real account that is swap-/interest-free on leveraged CFD positions (for Muslim clients) | Tiered program based on account equity; offers additional perks, fees reductions, extra features |
| Minimum Deposit | USD 50 (varies by country and payment method) (Broker Inspect) | USD 1,000 minimum to convert or open Islamic account (etoro.com) | No extra deposit just for membership, but equity thresholds: Silver $5,000; Gold $10,000; Platinum $25,000; Platinum+ $50,000; Diamond $250,000 (etoro.com) |
| Demo Available | ✅ Yes — standard demo with virtual funds (≈ USD $100,000) (Broker Guide) | ✅ Yes — same demo applies since it's a variant of the live account type (sashares.co.za) | Demo is not relevant; membership perks apply to live accounts only |
| Swap-Free / No Overnight Interest | ❌ No (standard account pays/receives swaps/overnight fees on CFDs) | ✅ Yes — for leveraged CFD positions; no swaps (interest) charged. Small administrative fee applies after certain periods (e.g. 7 days) on leveraged CFD positions. Real stocks, ETFs, crypto do not incur swaps/admin fees. (etoro.com) | Membership does not change the account’s basic swap treatment unless the user has an Islamic account. Membership is about perks. |
| Spread Type | Variable spreads across instruments; spreads vary depending on market, asset, region. (Broker Inspect) | Same variable spreads. Islamic option does not alter spreads (just removes swap/interest) (sashares.co.za) | Membership tiers may reduce some costs (e.g. conversion fees, withdrawal fees) but do not alter base spreads in most cases. (wikitoro.org) |
| Account Currency | USD, EUR, GBP (and others per region) (etoro.com) | Same as standard account (etoro.com) | Same live account; membership doesn’t change currency options |
| Margin Call / Stop-Out Levels | Standard levels (e.g. 50% margin call, 20% stop-out, depending on region/regulation) — common but specifics may vary | Same as standard account (Islamic variant doesn’t change margin policy) | Same — membership does not change fundamental risk parameters like margin call/stop-out |
| Access to Pro Features / Perks | Base access: CopyTrader, social tools, risk tools, etc. | Same features as standard (aside from swap removal) (etoro.com) | ✅ Yes — as you move up tiers: dedicated customer success agent, webinars, reduced conversion fees, free withdrawals in some cases, exclusive content, VIP events, etc. (etoro.com) |
| Special Conditions / Extra Costs | Overnight fees (swaps) on leveraged CFD positions; standard fees apply. | No interest/swap; administrative fee may apply for CFD positions held overnight after 7 days. (etoro.com) | Better fee discounts for deposit/withdrawal / currency conversion; more perks for higher tiers. (etoro.com) |
Trading Features & Conditions
Explore eToro's comprehensive trading ecosystem
Max Leverage
1:30
Risk Management
Stop Loss, Take Profit, Trailing Stop, Negative Balance Protection
Special Conditions
CopyTrader feature lets users automatically mirror trades from experts Negative balance protection applies under regulated entities Real stock & crypto ownership (not only CFDs)
Frequently Asked Questions
No FAQs available for this broker.
