What is eToro?

eToro is a trading platform launched in 2007. A few years later, eToro is now available in over 140 countries. It is a reliable broker regulated by various bodies. These include CySEC for Europe, but also the FCA in the UK and ASIC in Australia. Also, since June 10, 2022, eToro is one of the platforms regulated in France by the AMF.

 Assets available in CFDs  2,000 tradable instruments
 Minimum deposit  50 $
 Spreads on cryptocurrencies  1 %
 Demo account  With $100,000 in virtual funds
Regulation  CySEC, FCA , ASIC, FICEN
 Link  etoro.com

The eToro online broker is aimed at all investor profiles. But in our opinion, eToro is particularly recommended for beginners. This is because the simplified ease of use and user-friendliness of the site helps novices to start trading safely.


  • Up to 20x leverage
  • A wide range of financial instruments
  • A platform designed for beginners
  • Several services including social trading and copy trading


  • 5 withdrawal fees applied
  • Fairly high spreads on crypto

Cryptos and Assets Available on eToro

Known for its rich and varied range of offerings and markets, eToro is a must for those looking to diversify their asset portfolio. In our opinion, it is one of the most comprehensive brokers in the industry.


In the crypto category, there are about 60 major crypto-currencies including:

The cryptos of the Blockchain

Value reserve currencies

DeFi tokens

The same corners

Metaverse tokens

Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), Cardano (ADA), Cosmos (ATOM), Tron (TRX)

Bitcoin Cash (BTC), Ethereum Classic (ETC) et Litecoin (LTC)

Curve (CRV), Yearn Finance (YFI), Maker (MKR), Uniswap (UNI), Aave (AAVE), Algorand (ALGO)

Dogecoin (DOGE), Shiba Inu (SHIB)

Decentralised and (MANA), Sandbox (SAND), Enjin (ENJ)

Note that it is also possible to trade 14 crypto-crosses, namely crypto-currency pairs such as ETH/EOS for example. Finally, for those who wish to trade commodity and crypto-currency pairs, there is the GOLD/BTC pair for example.

Stocks and ETFs

In addition to crypto-currencies, eToro offers access to exchange-traded funds. There are over 264 ETFs, including the SPDR S&P 500 (SPY), which is one of the most popular in the industry and tracks over 500 of the most influential US stocks in the market. Of course, you can also trade shares of the biggest companies such as Google, Netflix, Tesla, etc., to name but a few. Indices and forex On the Forex side, more than 49 pairs are offered, including USD/AUD, USD/EUR, USDJUPY and USD/CAD. As far as indices are concerned, eToro hosts 13 of them, including the famous American Nasdaq 100, the GER40 and the British FTSE 100.


There are 32 commodities available on the platform. Between gold, oil and gas, investments in commodities considerably reduce the volatility of an asset portfolio. In addition, these financial instruments are perfect hedges against inflation risks.

eToro Fees and Charges

Here's everything you need to know about eToro's fees.

Deposit and Withdrawal Fees

First of all, there are no deposit fees. However, the broker does charge $5 for each withdrawal. There are no opening fees or account management fees either. Finally, there are no fees for closing an account. It should be noted, however, that foreign exchange charges apply to deposits and withdrawals if they are not made in US dollars. Large account holders are exempt from withdrawal fees and benefit from a reduced conversion fee.

eToro Trading Fees

When it comes to trading fees, it's important to note that eToro doesn't charge any fees on stock trading. Commissions will however be charged on CFD trading in the form of: Spread: which can vary depending on the financial instruments chosen. The spread is 1% for crypto-currency CFDs and can range from 1 to 2 pips for indices and forex. Overnight fees: to be paid in case you hold security with leverage. This is done in the evening and at weekends.

eToro's Fees Summary and Review

In our opinion, eToro fees are still very competitive compared to the competition. Its main advantage is that it has zero fees and commissions on buying and selling stocks. However, there are also fees for spreads and overnight fees. We would also have appreciated lower fees on withdrawals. The broker charges $5 per withdrawal, which is relatively expensive.

To summarize the fees charged on eToro:

Minimum deposit


Withdrawal fees

5 for each withdrawal

Minimum withdrawal amount


Maximum lever


Transaction fee


Conversion fee

0,50 %

Spreads on cryptos

1 %

Inactivity fees

10 per month from the 12th month of inactivity of the user account

eToro Mobile App

The mobile platform is well designed and intuitive, making it easy to use even for a beginner. Note that the eToro trading app is available for free in 21 languages and can be downloaded from both iOS and Android APK.

Download the eToro app from the stores:

g play logo

app sote logo

The mobile platform obviously has the same great features as the web one. For example, it uses intuitive mobile-specific features such as push notifications.

etoro app
Download Now!
Discover eToro’s intuitive and innovative trading app. Trade and invest anytime, anywhere, and alternate between your laptop, tablet or mobile device with ease.

g play logo mobile

App store

User Experience on eToro

eToro has a smooth and ergonomic interface, with well-organized categories and an ultra-convenient search function. Designed and thought out for beginners, the site offers a plethora of educational resources in the Academy section. The online broker is constantly working to improve its services and to provide the best possible user experience. Comments and suggestions from users can be found on the platform, which tends to support the idea that transparency is one of the broker's strong points. Updates and new features are also added regularly by the provider to improve the trading process and make it easier for customers to use the site.

Start Investing

Trading Tools at eToro

eToro is the world's leading social trading service with CopyTrading and CopyPortfolio. Find out more about these two exclusive features below.

eToro Copy Trading

The Copy Trading feature allows novice (or more experienced) traders to try out the strategies of other investors who are making consistent and large profits. This service has made eToro the world leader in social trading.

  • Choose a trader

    Search for traders by perfomance, assets, risk score and more

  • Set an amount

    Choose a total amount for the copy the proportions are calculated automatically

  • Click copy

    Click the "Copy" button to start automatically copying the trader's positions

This tool is recommended for beginner traders or simply for those who don't necessarily have the time to follow crypto-currencies in real-time. Why try it? CopyTrader makes it easy to tap into the expertise of other traders. The tool is exciting because you can access the movements of eToro's top traders for as little as $200. For their part, copy traders are paid directly by eToro as part of the Popular Investor program. In addition, the trading community can exchange and communicate via the platform, allowing you to benefit from the best advice from professionals in the business.

Smart Portfolios (formerly CopyPortfolios)

Smart Portfolios (formerly known as CopyPortfolios) is another trading and portfolio management service from eToro. The tool allows you to automatically copy multiple trades based on a predetermined investment strategy. Note that the service is available from a capital of $1,000.

There are two types of Smart Portfolios:

  • Top Trader Portfolios: this is a set of Smart Portfolios that allow you to copy a specific group.
  • Market Portfolios: the tool combines CFD stocks, commodities, currencies or ETFs within a chosen market strategy.

  • Note that a Top Trader Portfolio is based only on a portfolio of traders. Each trader copied into the portfolio is also selected according to the CopyPortfolio strategy.

The Different Account Types at eToro

You can choose between three user accounts at eToro:

  1. Retail Investor: open to all trader profiles. It allows individuals to trade the financial markets with their own funds.
  2. Professional Investor: open to companies and requires specific accreditation. This account is dedicated to advanced traders, able to justify a certain experience in finance and trading.
  3. Demo account: an account available for a limited period of time and comes with a virtual fund of $100,000. The demo account allows you to discover and try the site in real conditions.

By choosing to join the eToro club, users can also gain access to other benefits and privileges. It should be noted that upon joining, all new registrants are bronze level.

The more trades they make, the more their balance increases, and the higher their level. Here are the 5 levels of the eToro club:

Available levels

Balance on the account


5 000


10 000


25 000


50 000


250 000

eToro Features

As far as the features available on eToro are concerned, there are several:

  • Firstly, there are the technical analysis tools for the markets (stocks, cryptos, indices, etc.).
  • Then there are the social interaction options that allow traders to leave suggestions and comments on the platform. In addition to creating links between members, this also gives a heads-up on new market trends.
  • There are also a number of data, analyses, charts and graphs available to all members who want to perform in asset trading through eToro Academy.
  • The provider's trailing stop loss feature allows you to adjust a position and limit losses on the platform.
  • Finally, access to trading statistics really helps those who choose to copy trade or copy portfolio.
Start Investing

eToro Payment Methods

There are several payment methods available on eToro, giving you a choice for your deposits and withdrawals. It's worth remembering that a minimum deposit of $50 is required to start trading on the site. While the deposit is free, investors will be charged a $5 commission and up to 50 pips for withdrawals.

Here is a summary of all the payment methods available on the online broker's site:

Means of payment

Duration of treatment

Minimum deposit

Minimum withdrawal

Credit/debit cards: Visa, Mastercard, Maestro

3 to 8 working days

50 $

30 $


1 to 2 working days

50 $

30 $


1 to 2 working days

50 $

30 $

Union Pay

1 to 2 working days

50 $

30 $


1 to 2 working days

50 $

30 $

Bank transfer

3 to 8 working days

500 $

30 $


1 to 2 working days

50 $

30 $


1 to 2 working days

50 $

30 $

Please note: all amounts are indicated in dollars because the euro is not available on the platform. In case, don't worry, the conversion will be done automatically during the payment. So, if you deposit $50, you will be debited approximately €46 from your bank account.

eToro Regulation and Licensing

In terms of security, the online broker has been registered with the ACPR since 2010 and is regulated by several bodies including:

  1. The Cyprus Securities and Exchange Commission (CySEC) in the European Union
  2. The Financial Crimes Enforcement Network (FICEN) in the US.
  3. The Financial Conduct Authority (FCA) in the UK.
  4. The Federal Financial Supervisory Authority (BaFin) in Germany.
  5. And the Australian Securities and Investments Commission (ASIC) in Australia.

A fund protection policy taken out with Lloyd's of London also covers each client account for €1,000,000 in the event of the broker's bankruptcy. As for the security of accounts and transactions on the platform, eToro uses encryption and firewalls. In addition to this, eToro has implemented two-factor authentication (2FA) and systematic loss protection on CFD trading.

Start Investing

What We Think of eToro's Customer Service?

eToro has a reputation for responsive and helpful customer service and offers several ways to contact them. Here are the details:

Means of contact



Our opinion

Live chat

Available on the website and mobile app

Available 24 hours a day from Monday to Friday

Ideal for a quick response

Contact form

You need to open a ticket on the eToro website

Tickets are processed 24 hours a day, Monday to Friday.

The response time may be longer.

OpenBook social network

To ask for advice and tips from other users.

Accessible at any time, any day of the week.

Interesting in that eToro advisors also take the time to respond to posts.

However, we regret that there is no telephone number to contact an advisor directly at eToro, as is the case with most online brokers.

Please note: eToro does not offer the same customer support to its users. For accounts with a balance of more than $5,000, for example, a manager is assigned. For account holders with a balance of over $25,000, the broker assigns priority customer support.

How Do I Open an Account and Buy on eToro?

Just as it's easy to trade on eToro, it's very quick and easy to open a trading account there. Learn about each of the steps you need to take to open an account at the online broker's site.

Once on the registration page, you just have to fill in the personal information fields (name, first name, e-mail and telephone number).

You also need to fill in a username and password. Note that the username will be your eToro login.

All that's left to do is to accept the terms and conditions and privacy policy and then click on "Create an account".

Check Your Profile

To validate your registration with eToro, you need to complete your profile:

  • As part of the broker's KYC procedure, you will have to answer some questions first.
  • You will then need to send supporting documents, namely a copy of your ID and proof of address.
  • Once your profile has been verified, you will be able to proceed to the next step, namely depositing funds.

Depositing funds

Once you have opened your eToro account, you can proceed directly to depositing funds.

  • To fund your eToro trading account, simply click on the 'Deposit Funds' button at the bottom left of the home screen.
  • Then make sure you specify the deposit amount, the payment method and the currency you want to trade in.

Applications are usually processed on the same day. However, the actual payment time will depend mainly on the payment method chosen.

Note: It's worth noting that deposits are free on the site, but withdrawals are subject to a $5 fee. The minimum deposit amount on eToro is $50.

Start Investing

What do eToro Customers Think?

With over 17,278 reviews on TrustPilot , the eToro platform has a rating of 4.3/5 at the time of writing. This is an excellent rating, especially for a trading platform. In comparison, the online bank ING has a score of 1.3/5.

Screen 1

When looking at the positive feedback, most customers praise eToro's efficient customer service. Indeed, customers seem to appreciate the fact that they have an account manager:

Screen 2

Of course, there are also negative comments left by some customers. These are mostly customers who have lost their money on an investment. This is why you should only invest the money you are prepared to lose. This is to avoid frustration.

Screen 3

As you can see, the one-star reviews are not necessarily justified. In short, for a trading platform to have a rating of over 4 with so many reviews is a very good thing!

Our Opinion on eToro: What is Our Verdict?

To conclude, we can say that eToro is a reliable broker if you want to start trading cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.) or any other financial instrument (stock, EFT, commodities, etc.). Here are some points why you should register on the broker's website:

  • Opening an account is quick, easy and transparent.
  • It also has innovative features, such as social trading.
  • A very accessible and easy-to-use trading platform, even for a novice.
  • The trading fees are also an attractive feature, with very low spreads.
  • There are a large number of financial instruments available, covering various markets.

Overall, trading on eToro is pretty straightforward, especially for beginners. Compared to other online brokers, its fees and commissions are relatively affordable. Finally, when it comes to its offerings, it's relatively affordable for everyone. Our opinion? Don't hesitate any longer to discover the platform.

Start Investing

FAQ: Your Questions about eToro

Is eToro Safe?

The broker operates under the regulation of several international bodies (AMF, CySEC, BaFin, FCA...), which reinforces its reputation as a reliable broker. Customer reviews on most forums and sites such as Trustpilot support this statement.

How Much Money Can I Make with eToro?

Trading is not a risk-free activity. Potential gains can vary greatly and depend on a number of factors, including market conditions, volatility, available capital and investor skill. However, our opinion of eToro remains the same, it is one of the best on the market if you want to start trading.

Is it Possible to Access eToro via Mobile?

Yes, it is possible to access the eToro platform both on a computer via the web browser and from a mobile device. Note that the mobile application can be downloaded to smartphones running iOS and Android and allows access to all the services and features of the site.

How Do I Withdraw Money From eToro?

You can withdraw your money at any time, with a minimum of $30. See our article for a list of payment methods available.

eToro is a multi-asset platform that offers both equity and crypto-asset investing, as well as CFD trading. Please note that CFDs are complex instruments and come with a high risk of losing money quickly due to their leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you understand how CFDs work and if you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. The trading history presented is less than 5 full years and may not be sufficient as a basis for investment decisions. Copy trading is a portfolio management service, provided by eToro (Europe) Ltd, which is licensed and regulated by the Cyprus Securities and Exchange Commission.

Investment and custody of crypto assets are offered by eToro (Europe) Ltd as a digital asset service provider, registered with the AMF. Investment in crypto assets is highly volatile. No consumer protection. Tax on profits may apply.