• Category: Reviews

eToro Review

Founded by brothers Ronen and Yoni Assia in 2007, eToro is the leading social investment network, attracting more than 4million online users from 190 countries. eToro provides an innovative platform through which investors can socialize their financial trading experiences while enjoying the perks of simplicity and transparency.

Etoro Review

eToro is licensed to operate in the UK where it is regulated by the FCA and in the rest of Europe where it licensed by the CySEC. It is bound by stringent obligations to adhere to financial regulations. eToro offers access to a wide array of markets and innovative web and mobile trading platforms that are suitable for all types of traders. 

Company eToro
URL www.eToro.com
Founded 2007
Based in Cyprus, Israel, United Kingdom
Platform eToro WebTrader, eToro OpenBook, eToro Mobile Trading Platform 

Cysec, FCA 

Languages English, Italian, Spanish, German, Russian, French, Portuguese, Greek, Turkish, Dutch, Arabic, Polish, Chinese, Japanese, Finnish, Swedish
Currencies USD, EUR, GBP
Deposit Methods Credit card, PayPal, Neteller, Wire transfer, Skrill(MoneyBookers), WebMoney, GiroPay
Withdrawal Methods Credit card, Wire transfer, Skrill, Neteller, WebMoney
Minimum 1st Deposit £/€/$200
Minimum Trade 1000 units per order
Leverage 400:1
Bonus up to 100%
Payout up to 88%
Account Types Basic, Premium and Islamic 
Return to Loss up to 15%
Number of Assets +120
Types Of Assets Commodities, Currencies, Stocks, Indices
Expiry Times Automatic Closure, 1 month, 3 months
Demo account Yes
Mobile trading Yes
USA friendly No
Support E-mail: support@eToro.com
Phone, Live-chat 24/7 via website
Overall Score



eToro PROS

Yes Social trading tools
Yes Intuitive web and mobile trading platforms
Yes Demo practice account
Yes High leverage 400:1
Yes Low spread from 2 pips for assets 
Yes Low minimum starting deposit ($50)

eToro CONS

No Web and mobile trading platforms require constant and reliable internet


eToro’s  web-based platforms make trading easy, fast and reliable for traders at all levels.  

eToro WebTrader
eToro’s WebTrader is an all-inclusive platform that enables you to manage your portfolio and trading activities easily. It includes all the features you require to manage copied and manual positions. The platform also provides access to tutorials, fees and spreads structure, and financial event calendar.  The WebTrader platform is integrated into OpenBook, eToro’s social trading platform, allowing traders to seamlessly manage their trading portfolios. 

eToro OpenBook
Through eToro’s leading social trading platform, OpenBook, traders can interact with each other, exchange ideas and improve their trade. The social platform provides traders with real-time financial information from the markets and from the traders you are following. 

The CopyTrader feature allows traders to copy the strategies of other traders to make better investment choices. The People Discovery function makes it easy to search and connect with millions of registered eToro investors. 
etoro screenshot1

eToro’s innovative mobile app lets you trade on the go, while keeping a pulse on the live trading market round the clock. 

eToro Mobile Trader
eToro’s mobile trader features an intuitive interface that simplifies the management of your trading activities and your portfolio. You can access all types of financial markets and price charts in real time at your fingertips. The free app, which is designed for iOS and Android gives you access to other features including pending orders, open trades, trading history, the cashier and much more. 

eToro OpenBook
eToro’s OpenBook app allows you to continue interacting with fellow traders anywhere you are, at any time. The user-friendly app lets you learn new trading strategies, copy traders of your choice, and access financial market updates in real time wherever you are. The app is designed for iOS and Android phones. 

etoro screenshot2


eToro offers various types of accounts:

Basic Account- You can sign up for a basic account using only your username and email. Alternatively, you could sign up with Facebook or Google Plus. The minimum deposit amount varies between $50 and $200 based on the trader’s region. Bonus: $1000 for inviting 10 friends to eToro and 50% bonus on your 5th copier. 

Premium Account- This account is suitable for active investors who have accumulated at least $20,000 in net deposit over the past 11 months.  A premium account may also be opened based on the investor’s equity—you are required to have at least $20,000 in equity by the close of the day prior to signing for a premium account. Bonus: special bonus to be requested upon opening the account. Receive $2,000 in bonus for inviting a friend. 

Islamic account- This account type operates according to the provisions of Sharia law. An opening deposit of $1,000 is required. Bonus: $1000 for inviting 10 friends to eToro and 50% bonus on your 5
th copier. 

Demo practice account- Traders can open an account to practice their trade before opening a real account. The account is credited with $10,000 in virtual money. 


eToro’s offers 4 major asset types:

·        Currencies: This includes 20 major currency pairs such as the, USD/RUB, BTC/USD, USD/JPY, and much more. 

·        Commodities: eToro offers a wide range of commodities including Oil, Silver and Gold for hedging and portfolio management. 

·        Indices: The Indices include those from 10 popular exchanges including SPX500, Nasdaq100, Dow30, FTSE100, DAX, the CAC, and more. 

·        Stocks: Traders can access more than 200 stocks from top brands in the world including Tesla, Addidas, Barclays and more, and from exchanges such as NASDAQ, NYSE, London and Frankfurt.

etoro bonus promo


Spreads- Commodities, indices and currencies attract a spread of about 2 pips while Bitcoin and stock trades are charged a 1% commission. The spreads may vary depending on liquidity and market conditions.

Overnight rollover fees- Traders may be charged or they may receive small overnight fees for holding a position overnight—this depends on the swap interest rates for each asset. 


eToro provides leveraged trading for all asset classes:

·        Commodities - 1:100

·        Currencies - 1:400

·        Bitcoin – 1:5

·        Stocks - 1:5

·        Indices - 1:100


eTORO offers several reliable, easy and secure methods of funding your account. 

The minimum deposit amount is $50-$500. 

Credit Card- Fund your account with Visa, MasterCard, JCB and any other applicable cards.

·        Timeframe: Immediately 

PayPal- Transfer funds from your PayPal account directly to your eToro account. 

·        Timeframe: Immediately/ 7 business days to process 

Neteller / 1-Pay:  Use your credit card to fund your Neteller e-wallet then fund your eToro account. 

·        Timeframe: Immediately

Skrill (MoneyBookers):  With just an email, you can deposit funds into your new trading account. 

·        Timeframe: Immediately

WebMoney- Fund your account using WM units. 

·        Timeframe: Immediately

GiroPay (available in Germany only)- Also known as Sofortüberweisung, GiroPay is a type of instant payment method that transfers funds to your eToro account from your online bank. Transaction Authorization Number, Personal Identification Number and Branch code are required for this transaction. 

·        Timeframe: Immediately

Wire Transfer: Transfer funds directly from your bank account.   

·        Timeframe: 4-7 business days

eToro does not charge any deposit fees. 

eToro forex


eTORO offers several reliable, easy and secure methods of withdrawing funds from your account. These include credit cards, PayPal, Skirll, Webmoney, Neteller, and bank tranfers. Some withdrawal methods may take up to 7 business days to process. 

eToro charges withdrawal fees depending on the amount you request to withdraw. Between $20-$200 the fee is $5; between $201-$500 the fee is $10 and $25 for $500 and above.

eToro’s OpenBook is a flagship social trading platform that allows traders to take advantage of the vast trading opportunities in the financial markets by learning from each other. 

People Discovery
OpenBook’s People Discovery tool enables traders to search for other traders to follow and interact with, out of the 4.5 million registered investors.

eToro’s CopyTraders feature allows investors to copy other traders’ strategies automatically, to improve their own investment portfolio. You are now able to form a ‘people-based’ portfolio and build your own team of traders to invest for you. 

Popular Investor Program
The Popular Investor Program lets professional traders to benefit from having their trading strategies copied by other investors.  Elite investors who get copied can earn as much as 2% on assets under management (AUM), 25% revenue share and 100% spread rebate. 

eToro offers reliable customer support Monday to Friday, 24 hours. Traders can reach the customer service team via live chat, email or phone. 

eToro Corporate Address
eToro (UK) Ltd.
Level39, One Canada Square,
Canary Wharf E14 5AB,
London, United Kingdom

eToro Worldwide Broker and Service Center
eToro (Europe) Ltd.
7 Omirou St., 2nd Floor
3095 Limassol, Cyprus
Fax: +44-866-350-0881

eToro Broker Office for Australian & New Zealand Customers
Level 10, 2 Bligh Street,
Sydney, New South Wales,
Phone: +61-1800-778-583

eToro Bonus

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General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. Your capital may be at risk. This material is not investment advice.

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