eToro Review
Popular social trading platform with copy trading features and a user-friendly interface.
OUR VERDICT
eToro pioneered social and copy trading, making it possible for beginners to follow and automatically copy successful traders. While fees are higher than pure crypto exchanges, the unique social features and multi-asset platform justify the premium for many users.
eToro revolutionized cryptocurrency investing by introducing social and copy trading features that allow beginners to follow and automatically replicate the trades of successful investors. Founded in 2007, the platform has grown to serve over 30 million users worldwide.
The platform uniquely combines cryptocurrency, stocks, and ETFs in a single social trading environment. While fees are higher than dedicated crypto exchanges, the ability to learn from and copy successful traders provides exceptional value for newcomers to cryptocurrency investing.
WHO SHOULD USE ETORO?
Perfect For:
- Beginners wanting to learn from experts
- Social traders who value community
- Users wanting stocks and crypto together
- Those preferring simple interfaces
Not Ideal For:
- Cost-conscious active traders
- Users seeking advanced trading tools
- Those wanting extensive altcoin access
- Privacy-focused traders
HOW WE TESTED
Our team spent over 40 hours rigorously testing eToro across multiple criteria to provide you with an honest, comprehensive review.
Testing Methodology
- • Tested copy trading functionality
- • Evaluated social features and community
- • Analyzed spread costs on various pairs
- • Tested multi-asset portfolio management
- • Evaluated mobile and desktop platforms
Evaluation Criteria
- • Copy trading effectiveness
- • Social feature quality
- • Platform usability
- • Cost competitiveness
- • Regulatory compliance
HOW TO GET STARTED
Register Account
Sign up with email or social login. eToro has a simple registration process suitable for beginners.
Verify Identity
Complete verification by uploading ID and proof of address. Required for deposits and trading.
Deposit Funds
Fund your account via bank transfer, credit card, or e-wallets. Minimum deposit varies by region.
Explore and Copy
Browse popular investors, view their performance history, and start copy trading with one click.
Secure Your Crypto Today
Join over 30M+ users who trust eToro with their cryptocurrency investments. Industry-leading security and protection.
Create Free AccountPROS
- Innovative copy trading feature
- Social trading community
- Very user-friendly interface
- Stocks and crypto in one platform
- Regulated in US, UK, and EU
- Educational resources for beginners
CONS
- Higher fees than crypto-only exchanges
- Limited cryptocurrency selection
- Spread-based pricing can be expensive
- Withdrawal fees apply
FEATURES
SECURITY
- Regulated in multiple jurisdictions
- Cold storage for crypto assets
- Two-factor authentication (2FA)
- SSL encryption
- Segregated client funds
- FDIC insurance (USD deposits)
FREQUENTLY ASKED QUESTIONS
What is copy trading?
Copy trading lets you automatically replicate the trades of successful investors. When they buy or sell, the same trades execute in your account proportionally. You can stop copying at any time.
How much does eToro charge?
eToro uses a spread-based model with no commission fees. Crypto spreads typically range from 0.75% to 2.5% depending on the asset. There's also a $5 withdrawal fee.
Can I transfer crypto off eToro?
Yes, you can transfer supported cryptocurrencies to the eToro Money wallet and then to external wallets. Some restrictions apply to certain coins and regions.
Is eToro safe?
eToro is regulated by the FCA (UK), CySEC (EU), and ASIC (Australia), and registered with FinCEN (US). Client funds are kept in segregated accounts with FDIC insurance for USD deposits.
Ready to Start Trading?
Join millions of users trading on eToro. Get started in minutes.