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eToro Broker Review 2025

eToro Broker Review 2025
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Your Capital is at risk.
Company:eToro
Founded:2007
Min Deposit:$10
Max Leverage:400
Headquarter:

Tel Aviv, Israel

US Accepted:
Smart Portfolios Demo Account Crypto Staking

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Your Capital is at risk.

About
eToro, as an Israeli broker, provides up to 4.55% of annual interest rates on balance. Also, for the safety of funds, it holds them in top-tier banking partners, including J.P.Morgan, Deutsche Bank, UBP, etc. eToro is regulated by several reputable authorities, such as ASIC, FCA, MFSA, and more.
Contact
24th floor, One Canada Square, Canary Wharf, London E14 5AB
Rank and Score
RegulationsCustomer SupportSpread &CommissionsPlatformsDeposit &WithdrawalAccountTypes
4Rank 90
Pros and Cons
Account Types
Platforms
Pros
Proprietary Platform
Innovative Social Trading Features
A Very Wide Range of Instruments
Regulated in Multiple Jurisdictions
Cons
No MT4/MT5 Support
No Phone Call Option for Customer Service
score of blog
2.4 From 5.0
(5)
Rate this post
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eToro, an Israeli broker, provides 3 investment options [CopyTrader, Smart Portfolios, and Crypto Staking].

It offers 4 account types (Personal, Professional, Corporate, and Islamic), with several payment methods, including PayPal, Skrill, and Trustly. 

Drawbacks include a lack of MT4/MT5 support and no phone calls for customer services.

eToro
eToro review: benefits, drawbacks, and various aspects

eToro Company Information & Regulation

eToro was founded in January 2007 by 3 entrepreneurs: David Ring, Ronen Assia, and Yoni Assia, and operates under the legal name eToro Ltd. 

The company is headquartered at Tel Aviv, Israel.

eToro Broker Entrepreneurs and Global Chief Operations Officer
The senior management of eToro includes two founders and a chief executive officer (CEO)

Regulating Bodies:

  • Financial Conduct Authority (FCA) in the United Kingdom
  • Cyprus Securities and Exchange Commission (CySEC)
  • Malta Financial Services Authority (MFSA)
  • Financial Services Regulatory Authority (FSRA) in Abu Dhabi
  • Australian Securities and Investments Commission (ASIC)
  • Financial Services Authority Seychelles (FSA)
  • Gibraltar Financial Services Commission

With the regulatory details outlined above, below is a table summarizing eToro’s company information and branch locations.

Entity Parameters / Branches

eToro (UK) Ltd

eToro (Europe) Ltd

eToro AUS Capital Ltd

eToro X Ltd (Gibraltar)

eToro USA Securities Inc.

eToro (Seychelles) Ltd

eToro (ME) Limited (ADGM)

Regulation

FCA

CySEC

ASIC

GFSC (DLT provider)

SEC / FINRA

FSA Seychelles

ADGM FSRA

Regulation Tier

1

2

1

2

1

3

2

Country

United Kingdom

Cyprus (EU)

Australia

Gibraltar

United States

Seychelles

Abu Dhabi (UAE)

Investor protection fund / compensation

Up to GBP 85,000 under FSCS

Up to EUR 20,000 under ICF

No

No

Up to $500,000 under SIPC

No

No

Segregated Funds

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Negative Balance Protection

Yes

Yes

Yes

No

No

No

Yes

Maximum Leverage (highest offered)

1:30

1:30

1:30

N/A

1:1

1:400

1:30

Client eligibility

Residents of the UK

EU/EEA residents

Australian residents

Clients in regions permitted for crypto services under GFSC

US residents only

Global

Residents of UAE

Key Features and Specifications

In this section, we will provide a table of important features for a general image of the Forex broker. Here's a quick snapshot of eToro's key specifics:

Broker

eToro

Account Types

Personal, Professional, Corporate, Islamic

Regulating Authorities

FCA, CySEC, MFSA, FSRA, ASIC, FSA, Gibraltar FSC

Based Currencies

USD, EUR, GBP

Minimum Deposit

$10

Deposit Methods

eToro Money, Credit/Debit Card, Bank Transfer, PayPal, Neteller, Skrill, Online Banking (Trustly), iDEAL, Sofort, Przelewy24

Withdrawal Methods

eToro Money, Credit/Debit Card, Bank Transfer, PayPal, Neteller, Skrill, Online Banking (Trustly), iDEAL, Sofort, Przelewy24

Minimum Order

$1 for Copy Trading

$10 for Stocks

Maximum Leverage

1:400

Investment Options

CopyTrader, Crypto Staking, Smart Portfolios

Trading Platforms & Apps

Proprietary App

Markets

Stocks, ETFs, Commodities, Currencies, Indices, Crypto

Spread

Varies

Commission

Varies in Different Parts

Orders Execution

Not Specified

Margin Call/Stop Out

Not Specified

Trading Features

Demo Account, Crypto Staking, Smart Portfolios

Affiliate Program

Yes

Bonus & Promotions

No

Islamic Account

Yes

PAMM Account

No

Customer Support Ways

Email, Ticket, Live Chat

Customer Support Hours

24/5

Trading Accounts in eToro

The mentioned broker offers 4 main account types. Here's an overview:

  • Personal Account: Ideal for individual retail traders with a minimum deposit of $10
  • Professional Account: For experienced traders meeting specific criteria
  • Corporate Account: Designed for businesses and institutions
  • Islamic Account: Swap-free account adhering to Islamic finance principles

The Personal Account is the most common, providing access to all of eToro's social trading features. Professional Accounts offer higher leverage but with reduced regulatory protections.

eToro Pro Account
Pro Account in eToro is designed for professional clients

Also, a demo account is provided containing $100,000 of virtual funds for trading in a 100% risk-free environment.

Notable Pros and Cons

Every broker includes some drawbacks beside of its strengths and benefits. In this section, we will review the advantages and disadvantages of eToro:

Pros

Cons

Proprietary Platform

No MT4/MT5 Support

Innovative Social Trading Features

No Phone Call Option for Customer Service

A Very Wide Range of Instruments

-

Regulated in Multiple Jurisdictions

-

Guide on Getting Started: Signing Up and Verification

The eToro (UK Ltd) Registration is simple, secure, and takes under 5 minutes. You can register using your Google account or manually with an email address and custom login credentials.

#1 Visit the eToro Sign-Up Page

Go to the eToro homepage and click “Join eToro” to begin the registration.

Register on eToro
Click "Join eToro" and enter the registration form

#2 Enter Basic Information on eToro

Fill in the form with your email, username, and a strong password. Accept the terms and click “Create Account.”

eToro Registration Form
Fill out the eToro signup form with your email, a password, and a username

#3 Choose Your Country in eToro

Select your country of residence and click “Continue” to finalize the account setup.

#4 eToro Verification

Once registered, you’ll need to verify your identity by submitting a government-issued ID and proof of address to unlock full trading features.

Does eToro Have A Proprietary Platform?

The broker's proprietary trading platform is the only option for clients to enter financial markets.

Traders can monitor and execute their trades across all available instruments and markets (including currencies, stocks, and cryptocurrencies) directly through this platform.

eToro proprietary trading platform
The eToro broker platform enables trading across all financial instruments

The terminal provides several trading tools, features, and services, including:

  • Easy-to-use interface
  • One-click trading for helping with habits
  • Stop loss and take profit levels
  • two-step and biometric verification 
  • ProCharts tool for comparing charts from different financial instruments

The platform is accessible via these operating systems and facilities:

Fees and Costs for Trading/Non-Trading Activities

eToro has a specific structure for trading commissions and spreads for the broker. We will investigate it in the next sections.

Withdrawals

No fee is charged for withdrawals from GBP accounts or EUR accounts to an external account. However, there is a fixed $5 cost for making withdrawals from a USD account.

Trading

The commission for trading varies based on the region and asset. Here's a quick rundown:

  • Stocks: Depending on the country and the stock exchange, starting from $0, typically around $1 or $2
  • ETFs: none
  • Crypto: 1% buy/sell fee
  • CFDs: Relatively high; for stock CFDs, a 0.15% spread per side
  • Margin Rate: ~8.3% annually for USD-denominated accounts

Other Costs

There is a monthly $10 inactivity fee for accounts with no activity in the previous 12 months. Also, a conversion fee is charged based on the location, payment method, and club level.

Swap Fee at eToro

An overnight fee (swap) at eToro is charged when you hold a CFD position open past market close.

The size of that fee depends on the asset, position size, and whether you are long or short; it's clearly shown before opening the trade.

eToro swap fee for CFD
Swap fees on eToro broker’s CFD positions

Below are some key points to keep in mind regarding eToro’s swap/overnight cost structure:

  • Overnight (rollover) fees are applied nightly at 21:00 GMT (22:00 during DST) for open CFD trades;
  • Weekend fees are triple the normal overnight rate and charged once during the week (Wednesdays for most FX/commodities; Fridays for stocks, indices, ETFs);
  • For non-leveraged stock / ETF long positions, eToro typically does not charge overnight fees (since they're executed as actual equities, not CFDs);
  • All crypto CFD positions (including non-leveraged ones) incur daily overnight fees;
  • eToro updates overnight fees based on global market/interest conditions, and changes may apply to already open positions;
  • eToro offers Islamic, swap-free accounts designed to comply with Sharia principles, ensuring that no interest or overnight fees are charged on trading positions.

Non-Trading Fees at eToro

eToro applies only a few non-trading fees, designed to cover account maintenance and withdrawal handling rather than trading activity itself.

While deposits remain free, some charges may apply depending on the user’s actions and level of activity.

Key non-trading costs to note include:

  • $5 withdrawal fee for transactions from USD accounts;
  • Currency conversion surcharges (≈ 0.5%) apply when funding or withdrawing in non-USD currencies;
  • No deposit fees, though external banks or payment gateways may impose their own charges;
  • $10 monthly inactivity fee after 12 months of no login or trading;
  • The inactivity charge continues until the account balance reaches zero or activity resumes;
  • Third-party costs (such as conversion or processing fees) are not controlled by eToro.

eToro Brokerage Funding and Withdrawal Methods

The brokerage offers a variety of funding options and deposit methods for its clients. Note that not all these options are available worldwide:

  • eToro Money
  • Credit/Debit Card
  • Bank Transfer
  • PayPal
  • Neteller
  • Skrill
  • Online Banking (Trustly)
  • iDEAL
  • Sofort
  • Przelewy24

How Do You Deposit Money with eToro?

Depositing funds into your eToro account is generally straightforward and supports multiple funding channels, each with its own minimums and processing times.

The platform does not charge explicit deposit fees, though currency conversion and third-party costs may apply.

Safe eToro deposit
Secure and fast fund deposits with eToro broker

Below is a snapshot of common deposit options and their characteristics:

Deposit Method

Currency

Minimum Amount

 Deposit Fee

Funding Time

eToro Money

GBP, EUR

N/A

None

Instant

Credit / Debit Card

Multi-currency (regional availability)

$50

None

Instant

PayPal

USD, GBP, EUR, AUD

$50

None

Instant

Neteller

USD, GBP, EUR

$50

None

Instant

Skrill

USD, GBP, EUR

$50

None

Instant

iDEAL

EUR

$50

None

Instant

Bank Transfer

USD, GBP, EUR, AUD, AED, CHF, DKK, NOK, PLN, SEK, HUF, RON, CZK

$500 (U.S.) / $50 (others)

None

4–7 business days

Online Banking – Trustly

EUR, GBP, SEK, NOK

$50

None

Instant

Przelewy 24

PLN

$50

None

Instant

How Do You Withdraw Money from eToro?

eToro enables withdrawals via multiple channels, each with its own conditions, processing times, and associated fees.

To request a withdrawal, your account must be verified and your available balance must exceed the withdrawal amount.

Because some funds must return via their original deposit route, eToro may split a withdrawal across multiple methods.

withdrawal at eToro
Bank withdrawals method at eToro broker have a $5 fee

Here’s how those withdrawal options compare, side by side:

Withdrawal Method

Currency

Minimum Amount

Withdrawal Fee

Funding Time

eToro Money

GBP, EUR

$30

$5

Instant

Credit / Debit Card

Multi-currency (regional availability)

$30

$5

Up to 10 business days

Bank Transfer

USD, EUR, GBP, AUD and others

$30

$5

Up to 10 business days

Pay Pal

USD, GBP, EUR, AUD

$30

$5

Up to 2 business days

Neteller

USD, GBP, EUR

$30

$5

Up to 2 business days

Skrill

USD, GBP, EUR

$30

$5

Up to 2 business days

Trustly

EUR, GBP, SEK, NOK

$30

$5

Up to 2 business days

iDEAL

EUR

$30

$5

Up to 2 business days

Copy Trading and Investment Services

The broker dedicates a part of its resources to offering investment options like copy trading. We will mention these methods in the list below:

eToro CopyTrader
CopyTrader page on eToro's official website
  • CopyTrader: Automatically copy the trades of successful investors, free of charge;
  • Smart Portfolios: Thematic long-term investment portfolios with unique strategies, curated by eToro's analysts;
  • Staking: Hold and lock your crypto balance to earn a monthly/yearly yield, available for Ethereum [ETH], Solana [SOL], Cardano [ADA], and Tron [TRX].

Which Markets and Symbols Are Tradable on eToro?

This brokerage provides access to +6,000 tradable assets across 6 different markets. We will take a look at the number of symbols in each market here:

Category

Type of Instruments

Number of Symbols / Assets

Competitor Average

Maximum Leverage

Forex / Currencies

Major, minor, and exotic FX pairs (CFDs)

62

60–80

Retail: 1:30 / Pro: 1:400

Indices

Major global index CFDs

31

10–30

Retail: 1:20 / Pro: 1:100

Commodities

Metals, energies, and agricultural CFDs

46

20–100

Retail: 1:20 / Pro: 1:100

Stocks / Equities

Global company shares via CFD

6000+

3000–10000

Retail: 1:5 / Pro: 1:10

Cryptocurrencies

Spot and CFD crypto assets

120+

50–150

Retail: 1:2 / Pro: 1:5

ETFs / Funds

Non-leveraged Exchange Traded Funds

735

500–1000

Retail: 1:1 / Pro: 1:10

The maximum leverage for retail clients on eToro is 1:30, which applies to trading currencies.

On the other hand, if a trader qualifies as a professional client, they can access leverage of up to 1:400.

eToro tradable markets
eToro broker provides access to multiple markets

CFDs are available across most of these markets except in jurisdictions like the U.S., where only real crypto trading is supported via eToro USA LLC. 

Bonuses, Promotions, and Incentive Offers

Based on our investigations, currently. eToro offers only a deposit bonus to its clients; you can receive $50 to your account balance for buying $500 worth of crypto assets.

We will update this article if any changes regarding these promotions happen with the broker.

eToro Broker Awards

eToro has earned multiple industry recognitions, and its eToro Awards highlight the broker’s excellence in trading technology, social investing, and user experience.

For traders evaluating the broker’s credibility, these honors provide clear evidence of its standing in the global market.

eToro broker awards
eToro broker recognized for trading technology and social investing excellence

The following are some of the most notable awards eToro has received:

  • Forbes Advisor Best Trading Platform (2024)
  • Investopedia Best for Social Investing (2024)
  • ADVFN / Broker Chooser Best Social Trading Platform
  • Forex Brokers.com Ease of Use / Social Copy Trading
  • Good Money Guide Best Cryptocurrency Platform (2024)
  • SourceForge Best Copy Trading Platform (2025)

How and When to Contact the Support Department

Customer service is usually provided via phone calls and messages. eToro follows the same rule, offering these contact channels:

  • Ticket System: On the website
  • Email Support: support@etoro.com
  • Live Chat: Only available for registered users

Based on our examinations of reliable sources, support is available 24/5.

Restricted Countries and Regions

The broker's services are restricted to clients from many countries due to regulatory requirements and corporate decisions.

New users from these countries are not eligible to work with the brokerage:

  • Syria
  • Japan
  • Turkmenistan
  • Turkey
  • Cuba
  • Iran
  • Iraq
  • North Korea
  • Pakistan
  • Yemen
  • Zimbabwe
  • Virgin Islands
  • Libya
  • Liberia
  • And more
eToro restricted countries
Banned regions and countries list on eToro's website

Trust Scores on Reliable Websites

According to the numbers shown on relevant websites, such as Trustpilot, REVIEWS.io, and ForexPeaceArmy, eToro's user reviews are generally positive:

eToro trustpilot
eToro has received a score of 4.2/5 on Trustpilot
  • eToro Trustpilot: 4.2/5 (25,000+ reviews) with +60% of 5-star ratings
  • reviews io: 2.6/5, only 11 user scores
  • ForexPeaceArmy: 1.7/5 (220+ ratings)

While opinions vary, most users praise the broker's user-friendly platform and social trading features. Criticisms often focus on withdrawal times and customer support responsiveness.

Education Material Offering

eToro offers a variety of educational resources to help traders understand financial markets and the broker’s platform.

Topics include trading strategies, market analysis, and risk management.

Users can also access webinars, video tutorials, and interactive tools, allowing them to learn at their own pace and enhance their trading skills.

eToro educational resources
eToro broker provides educational content

These resources include:

  • Trading
  • Investments
  • Cryptocurrencies
  • Getting started on the broker
  • Technical analysis
  • Working with charts
  • And more

eToro UK in Comparison with Others

Here is a quick overview of eToro features compared to other well-known brokers; eToro Comparison:

Parameters

eToro UK Broker

TMGM BrokerFBS BrokerAlpari Broker

Regulation

FCA, CySEC, MFSA, FSRA, ASIC, FSA, Gibraltar FSC

ASIC, VFSC, FSC, FMA

FSC, CySEC

MISA

Minimum Spread

0.0 Pips

0.0 Pips0.0 Pips0.0 Pips

Commission

From $0

$3.5 in EDGE, $0.0 in CLASSICFrom $0From 0 on Trading (depending on the account type and payment method)

Minimum Deposit

$10

$100

$5$50

Maximum Leverage

1:400

1:1000

1:30001:3000

Trading Platforms

Proprietary App

MetaTrader 4, MetaTrader 5, IRESS, TMGM Mobile AppMetaTrader 4, MetaTrader 5, Mobile AppMetaTrader 4, MetaTrader 5, WebTrader

Account Types

Personal, Professional, Corporate, Islamic

EDGE, CLASSIC

Standard

Standard, ECN, Pro ECN, Demo

Islamic Account

Yes

YesYesYes

Number of Tradable Assets

7,000+

12000+550+750+

Trade Execution

Market, Limit, Stop Loss, and Take Profit

Market Execution, Limit Order, ECNMarketMarket

Conclusion and Final Words

eToro, as a financial broker, offers a $50 bonus for users who purchase $500 worth of cryptocurrencies. The platform charges a 1% fee for buying or selling crypto assets.

Additionally, a $10 monthly inactivity fee applies to accounts with no activity for 12 months. eToro boasts a Trustpilot rating of 4.2/5 based on over 25,000 reviews.

FAQs

Is eToro regulated?

The broker is regulated by multiple tier-1 authorities, such as ASIC & FCA.

How does copy trading work on eToro?

You can automatically mimic the trades of successful investors in real-time.

Can I trade cryptocurrencies on eToro?

Yes, it offers trading in over 100 cryptocurrencies.

Does eToro support MetaTrader platforms like MT4 or MT5?

No, eToro does not support MT4 or MT5; it only offers its proprietary trading platform.

What is the minimum deposit required to open an account with eToro?

The minimum deposit to open an account with eToro is $10.

How many assets can be traded on eToro?

eToro gives access to over 6,000 instruments across stocks, ETFs, crypto, forex, commodities, and indices.

Is there a demo account available on eToro?

Yes, eToro offers a free demo account with $100,000 in virtual funds.

What is the maximum leverage provided by eToro?

eToro offers maximum leverage of 1:400, depending on the region and account type.

What investment options are available on eToro?

eToro supports Copy Trader, Smart Portfolios, and Crypto Staking.

What are the supported payment methods on eToro?

eToro accepts payments via Pay Pal, Credit/Debit Cards, Skrill, Trustly, Neteller, and more.

What trading platforms does eToro use

eToro uses its own proprietary trading app, available on web, Android, and iOS.

Are there any trading commissions or fees on eToro?

Yes, eToro charges a 1% crypto fee, stock CFD spreads, and a $5 withdrawal fee (for USD accounts).

Does eToro offer Islamic accounts?

Yes, eToro provides Islamic (swap-free) account options for eligible users.

Does eToro offer bonuses or promotions?

eToro currently offers a $50 crypto deposit bonus when purchasing $500 in crypto.

What is eToro’s inactivity fee policy?

eToro charges a $10 monthly inactivity fee after 12 months of no login activity.

What customer support channels are available at eToro?

eToro provides support via live chat, ticket, and email but not via phone calls.

Which countries are restricted from using eToro?

eToro services are restricted in countries such as Iran, North Korea, Turkey, Japan, Syria, and others.

Can businesses open accounts with eToro?

Yes, eToro offers Corporate Accounts for legal entities and institutions.

What trading features does eToro’s platform include?

eToro includes features like Pro Charts, stop-loss/take-profit settings, biometric login, and one-click trading.

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