Company

eToro


  • Telephone: +44 (0) 203 150 0308
  • Established: 2006
  • Regulation: CySEC, FCA
  • U.S. Clients Allowed: NO
  • Min Initial Deposit: £200
  • Max Leverage: 400:1
  • Spreads From (EUR/USD):3 Pips (no fixed fees)
  • Pairs Offered: Over 1000
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Review


eToro is one of the most innovative brokers out there today. It was founded in 2006 in an attempt to build a trading platform for everyone. It uses social elements and a simple onboarding to help traders of all levels. eToro is regulated in the UK by the FCA through eToro (UK) Ltd (reference number 583263). None UK. In Cyprus, eToro comes under the jurisdiction of the Cyprus Securities Exchange Commission (CySEC license number 109/10).

Trading Platform

eToro offers two types of account, a standard trading account and an Islamic account for Muslim traders who want an account that is aligned with Shariah laws.

The accounts offer several trading platforms with different pros and cons for each. The popular MT4 trading platform isn’t offered by eToro, but others are. eToro offers the OpenBook trading platform. It allows to analyze the performance history of trades as well as crowed sourced data. This platform allows to copy the activity of popular traders.

For traders that look for a full featured trading platform with advanced options, we recommend the WebTrader trading platform offered by eToro.

User Interface/Design

eToro has a green theme over a white background with a modern design. The trading platform is intuitive and easy to work with.

Tradeable Assets

The variety of assets offered by eToro is impressive. From popular stocks like Google, Apple and others, to commodities, Forex and crypto-currencies.

Crypto Trading

eToro is one of the leading brokers in crypto-currency trading. Allowing leveraged and none leveraged trading on popular crypto-coins. eToro offers trading throughout the week including during the weekend. From Bitcoin to Ethereum, Dash, Litecoin, Ripple, Ethereum classic and more.

Deposit & Withdrawals

Deposit amounts change from country to country. In the UK it starts from £200 for a standard trading account. eToro offers all major payment options, from a bank wire to credit cards, PayPal and others. Withdrawals are quite easy as well and the same payment method is used for withdrawals. eToro saves traders funds in reputable banks and its highly regulated, making sure your investments are in safe hands.

Customer Support

eToro’s support is given via phone or email during all trading days. For immediate help we recommend using the phone support as email support might take up to 48 hours. There’s also a virtual agent help called Nano Rep for the more simple type questions you might have.

Bottom Line

eToro is one of the best brokers out there. Regulated by top UK & EU regulators, secured and with a solid reputation. It’s copy technology allows beginner to enjoy the wisdom of experienced traders and its variety around crypto-currency trading allows some great options for investment in that space.


eToro

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