Min $100

Add your review
51% of retail CFD accounts lose money.
Add to compare
9.7/10 (Expert Score)
Product is rated as #1 in category CFD Brokers
This eToro review gives you all the key facts you need to decide if it’s the right platform for your money. Brought to you by Brokerage Compare.
Commissions & Fees
Offering of Investments
Platforms & Tools
Customer Service
  • Min Deposit $100
  • Max Leverage: 30:1 retail clients, 400:1 professional clients
  • 2,000+ Tradable Assets
  • Forex, Stocks, Commodities, ETFs, & Indices
  • Credit/Debit card, Bank transfer, Electronic wallets
  • Web Trader, Mobile App
  • Regulated by FCA, CySEC, ASIC
  • 21 Languages Supported
  • Over 20,000,000 clients worldwide
  • No MetaTrader 4 & MetaTrader 5

eToro Review

eToro is a social trading and multi-asset brokerage company that specialises in financial and copy trading services. It was founded in Israel in 2007, under the name Retail FX, by brothers Yoni and Ronen Asia and David Ring. Today, it has registered offices in Cyprus, Israel, U.K., U.S.A and Australia, and a total head count of 501-1000 employees. The company was valued at $800m in 2018.

eToro Fees Review

  • Free stock trading
  • Low CFD fees
  • Low Forex fees

  • $5 withdrawal fee
  • $10 monthly inactivity fee after 1 year of no trading

Stock Fees

eToro doesn’t charge commission on real stock trading, i.e. there are no broker fees when opening or closing the position. This doesn’t apply to short or leveraged positions.

CFD Fees

CFD trading fees are low on eToro. E.g., for a $1,000 long position held for a week, the fees are:

S&P 500 index CFD feeEurope 50 index CFD feeApple CFD fee

Forex Fees

Forex trading fees are low on eToro. E.g., for a $1,000 30:1 long position held for a week, the fees are:


Non-trading Fees

Account FeeDeposit FeeWithdrawal FeeInactivity Fee
$0$0$5$10 per month after one year of inactivity

Visit eToro

back to menu ↑

eToro Deposits & Withdrawals Review

  • Min deposit $100
  • No deposit fee
  • Accepts deposits in 10 currencies
  • Credit/Debit card, Bank transfer, Electronic wallets

  • $5 withdrawal fee

Account Base Currency

eToro accepts deposits in 10 currencies: USD, EUR, GBP, AUD, RMB, THB, IDR, MYR, VND, PHP. It’s important to note that the platform will convert any non-USD funding to USD, i.e. they only allow USD accounts.

How long will it take for my deposit to show on eToro?

If you make the deposit over card, either debit or credit, it’s instant. Bank transfers can take up to 2-3 business days.

When will I have access to my money if I withdraw from eToro?

Withdrawal via bank transfer takes around 2 working days.

What is eToro minimum deposit?

eToro minimum deposit is $100. The max varies, e.g. there’s no max deposit on bank transfers, it’s $30k on electronic wallets and $40k on debit or credit cards.

Can I withdraw any amount?

There’s a minimum limit of $30.

Does eToro charge withdrawal fees?

Yes, it’s $5 per withdrawal.

Are there any terms on where I direct any funds I withdraw?

eToro’s only specification is that you withdraw to accounts in your name.

Make your First Deposit with eToro

back to menu ↑

eToro Account Types Review

You can easily open an eToro account online. All you need is an email address or, alternatively, you can use your Facebook or Google account. Then you get two options: you can either try out the platform using play money with a demo account or you can start trading directly with a live account. Once you deposit funds, you will need to verify your identity by uploading a copy of your passport or ID and your residency by uploading a copy of a utility bill or bank statement.

Platform Languages

The eToro platform is multilingual with 21 languages: Arabic, Chinese (simplified), Chinese (traditional), Czech, Danish, Dutch, English, Finnish, French, German, Italian, Malaysian, Norwegian, Polish, Portuguese, Romanian, Russian, Spanish, Swedish, Vietnamese, Thai.

Open a Trading Account with eToro

back to menu ↑

eToro Platforms & Assets Review

  • 2,000+ tradable assets
  • Forex, Stocks, Commodities, ETFs, & Indices
  • eToro Copy Trade and Copy Portfolio
  • Web Trader and Mobile App

  • MetaTrader 5, MetaTrader 4

eToro Copy Trade

If you’re not sure where to start or if you don’t have time to consider different options, eToro has a very popular feature called CopyTrader™, which does exactly what the name implies! You can basically view what successful traders do in real time and copy their trading.

Start Copy Trade with eToro

back to menu ↑

eToro Customer Service Review

  • Live chat
  • Support Ticketing System

  • No 24/7 support

eToro offers good customer service but it’s on weekdays only. You can reach them using the live chat feature or the ticketing system which will give you a response in writing via email.

back to menu ↑

Is eToro safe?

RegulatorLicenseLegal Entity
Cyprus Securities Exchange Commission (CySEC)109/10eToro (Europe) Ltd
Financial Conduct Authority (FCA)FRN 583263eToro (UK) Ltd
Australian Securities and Investments Commission (ASIC)491139eToro AUS Capital Pty Ltd

Is eToro safe?
  • Yes, it is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), the UK’s Financial Conduct Authority (FCA) and the Australian Securities and Investment Commission (ASIC).

Is there negative balance protection on eToro?
  • Yes, as part of their policy of Negative Balance Protection, you can never lose more funds than you have deposited into your eToro account.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Trade Safe with eToro

Specification: eToro

Max Leverage 30:1, 400:1 Pro clients
Assets 2,000+
CFDs Forex, Stocks, Commodities, ETFs, Indices
Customer Type Beginners, Experienced Traders
Country/Region UK, Europe, Australia, Middle East, America, Asia
Platforms Web Trader, Mobile App
Deposit Options Credit/Debit Cards, Electronic Wallets, Bank Transfer
Regulated by FCA, CySEC, ASIC
Customer Service Email, Live chat

Videos: eToro

Photos: eToro

Brokerage Compare
Compare items
  • Total (0)