Beginner traders would also benefit greatly from being able to attend webinars on CFD trading basics and risk management. EToro hosts a short course titled The Complete Guide to FinTech that teaches traders the basics of trading – especially trading on the eToro platform. Overall, eToro’s market analysis materials are poor compared to those of other large international brokers.
How Are The Best Forex Brokers Scored?
EToro’s beginner-friendly platform enables users to search for and filter assets on its trading dashboard. 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. Custom watchlists can be synced between the mobile and web platforms, enabling users to track their interests regardless of which platform they use to access eToro. These offerings, combined with the site’s interactive nature, can make the user experience feel more akin to a social media platform than a traditional brokerage service. 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.
EToro is a scam company
EToro’s account has a minimum deposit requirement of only 100 USD, making it accessible to most traders. Overall, eToro offers a wide range of financial instruments but really stands out for its commodities and ETFs. Verified accounts have a green tick next to the username on the user’s profile.
Stay away from this company if you don’t want to deal with having money stolen, constant frustration and poor service. Theft and fraud by this company- just report to FCAAbsolutely shocking service to try and get my money since December 2024. Closed my account and instead of the $1500 I had transferred I received $1423. Never had this happen on another platform. After establishing an account with Etoro I deposited $1500. EToro is a scam company, they slow you to deposit your money and then you can’t withdraw your money they are scammer If you don’t want your money invest with EToro Kiss your money goodbye.
On the eToro platform, a “Trading” tab lets you view prices and buy, sell, or convert crypto, ETFs, or stocks. 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. In 2017, eToro expanded its crypto trading business by adding more assets and entered the U.S. market with its crypto trading offering the following year. EToro was founded in 2007 as a forex trading platform in Tel Aviv by brothers Ronen Assia and Yoni Assia and co-founder David Ring. In addition to its cryptocurrency trading offering, eToro also allows you to invest in stocks, ETFs, and other securities, with the number and types of assets depending on your location.
Desktop Trading Platforms
Only the biggest movers of the day and trending assets are highlighted on the platform. Currently, there are no mutual fund screener tools are available, as this asset class is not offered on the platform. EToro lacks many of the tools, calculators, and detailed trading functionality that most sophisticated investors would find necessary to carry out advanced trading techniques. EToro makes money by taking the difference between bid and ask prices. Beyond that, screening tools and other more robust trading functionalities are largely absent. Charting capability is included with all asset types, but no backtesting capabilities are included on the platform.
- But, cryptocurrency is one of the riskiest things to invest in is as they are highly volatile (moves around a lot) and there is no fundamental value to digital currencies, meaning in theory they could go to zero at any time.
- In 2017, eToro expanded its crypto trading business by adding more assets and entered the U.S. market with its crypto trading offering the following year.
- Join eToro’s social trading investment network revolution!
- By adhering to strict compliance standards across different jurisdictions, eToro ensures robust investor protection, financial transparency, and operational integrity in every region it serves.
Best Forex Brokers for Beginners in 2025
However, the list of tradable assets across all supported asset classes is not as long as at some eToro’s competitors. EToro generally has a transparent platform in terms of pricing but is lacking when it comes to execution statistics. A digital wallet, known as the eToro Wallet, is provided by eToro to store cryptocurrency. Phone and email support is available, but the contact information is not readily available for you to find. Outside of this self-serve option, more traditional customer support options are limited.
Company details
EToro only offers a narrow range of order types on its platform. Experienced traders looking to execute orders without the social feel may find eToro to be a bit of an adjustment, but overall, the mobile app is very intuitive. The eToro platform features a straightforward and simple user interface that makes it easy for traders to find what they’re looking for. This is a high-risk investment, and you should not expect to be protected if something goes wrong. We use dedicated people and clever technology to safeguard our platform.
Access to popular markets
EToro provides a streamlined onboarding process with a self-guided questionnaire that asks for some personal information to help set up your account. 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. 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. Don’t invest unless you’re prepared to lose all the money you invest. U.S. citizens can trade 100+ digital currencies and tokens, over 5,000 stocks, more than 730 ETFs, and options contracts on a range of assets.
Having the leverage setting set to zero by default is good for beginners because it means that you are not automatically taking the maximum risk possible without setting it yourself. Even though eToro claim that less than 5% of their business last year was done on CFDs (probably because everyone was investing in crypto), they still etoro forex broker review offer contracts for difference (CFDs). It makes building up a diverse portfolio of positions easier as you don’t have to pick your investments yourself.
- The inability of users to transfer coins from the wallet back to the eToro trading platform may not be immediately obvious to clients.
- EToro was founded in 2007 as a forex trading platform in Tel Aviv by brothers Ronen Assia and Yoni Assia and co-founder David Ring.
- Don’t miss out on our weekly newsletter to further enhance your trading success.
- To ensure fairness and transparency, we independently verify broker claims and integrate real-user feedback, regulator data, and live trading tests.
Check out these other guides to enhance your forex trading knowledge and skills. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Every broker we recommend meets strict trust and safety criteria and is tested for reliability, transparency, and overall trading experience. To ensure fairness and transparency, we independently verify broker claims and integrate real-user feedback, regulator data, and live trading tests. FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics.
EToro’s fees are in line with most other online brokerages and crypto trading platforms. If you look at the trading and investing industry eToro have out-marketed and out-advertised even some of the best trading platforms, particularly for new traders and investors taking their first step into financial speculation. Launched in 2007, eToro began as a social trading pioneer and has evolved into a full-featured multi-asset platform combining forex, stocks, crypto, commodities, ETFs, indices and more. Explore the best Forex brokers for beginners, with user-friendly platforms, educational resources, and demo accounts.
Client Support
While users can sift through a list of eToro’s available ETFs based on proprietary social inputs, there is no option to customize their search with helpful technical or fundamental indicators. The platform also offers a volatility tracker where you can view the biggest movers. EToro offers a simple stock screening tool that allows you to filter stocks by a range of criteria. The CopyTrader product and social trading element remain the focus of eToro’s trading experience. An investment team monitors the portfolio offerings to ensure that they continue to match thematic elements and risk parameters. You can invest in a wide variety of portfolios that focus on everything from private equity and infrastructure to technology and healthcare, while blending the allocation of ETFs, stocks, and cryptocurrencies.
FX Trust Score Index – eToro
In this eToro Review 2025, we assess the broker’s credibility by using our FX Trust Score Index to evaluate regulatory compliance, security and fund protection measures, customer suppoty, online reputation and trading conditions. Our detailed eToro review provides valuable insights you may wish to consider before trading with this forex broker. From market analysis and trading strategies to interviews with industry experts, this podcast covers the breadth of the forex landscape.
Online broker eToro has added a new feature to its platform enabling traders to review their experience over the past year. Before trading high-risk products you should consider opening a tax-efficient ISA account with on of these stock and shares ISA providers. But, CFDs are a very risky and complex trading tool and only suitable for experienced investors as around 76% of retail investors (private clients) lose money when trading CFDs on eToro. EToro actually offers some of the fewest markets to trade, with just under 3,000 (compared to IG’s 17,000) stocks, indices and commodities available to buy and sell. It is important for individuals to conduct their own research and consider seeking advice from an independent financial advisor before making any trading or investment decisions. Trading in financial markets involves significant risk and is not suitable for every investor.
I urge others to avoid trading on the eToro platform. Etoro, the platform that is aimed at beginners, has now started issuing an AI’s opinion of a stocks potential gain. In comparison to other platforms I found the site clunky and difficult to navigate – could be so much easier. I have been a loyal customer since 2018 and Its ok for stocks but avoid crypto at all costs!!! Never buy crypto on this platform. Their fees are greedy, but the worse is the extremely slow time it takes to withdraw or move crypto.