eToro

  • Name:eToro
  • Website:http://www.etoro.com/
  • Location:British Virgin Islands Cyprus United States
  • Found in:2007
  • Regulation Authority:CySEC (Cyprus)
Editorial Rating:
4.34
Accept US Traders:
No

Etoro Review

About eToro

An eToro review discloses their motto “Your Social Investment Network”. eToro brings together all of their traders into your very own social network. Learn and collaborate with your 2.75 million fellow traders in over 140 countries in order to help you trade better. You can even copy fellow members' trades in real time.

Review our eToro opinion below. When you are ready open your account with FXBrokerSearch to be sure to get the best eToro bonus available.

eToro Spread and Trading Specifics

eToro spreads for major currency transactions is on the more expensive side when compared to a review of other brokers with 3 pips for EUR/USD, and 4 pips for GBP/USD.  The smallest spread available is 2 pips for USD/JPY. Keep in mind that spread on trades can vary from trade to trade.

eToro Spreads

The difference between a bid price and an ask price denotes the spread. The liquidity of the market makes up the spread difference.

eToro offers a wide variety of assets including:

  • Stocks
  • Currencies
  • Commodities
  • Indicies

Etoro Video Review

Check out this compact 3-minute video review of the platform, software, features and spread info at Etoro.  As always, created independently at the FxBrokerSearch Video Studios.  

eToro Trading Platform Review

A review of eToro’s trading platform, called WebTrader, is simple and easy to use for all different types of traders. The trading platform is web based so you can get access to your trades on any computer that has internet access, no downloads necessary.

eToro Webtrader Platform Preview

eToro OpenBook

An eToro OpenBook review shows the trading platform addition that will allow you to track and copy your fellow investor’s trades. Search which trader is most in line with your investing mentality (along with a good track record) and make the exact same trades with a single click. You can even follow a real time feed of all of the trades that are occurring.

You can discuss trades with fellow investors in a Facebook-like social media platform. You can even comment on specific trades made by investors.

eToro Open Book Review Preview

eToro Bitcoin Trading

You can now trade Bitcoin at at eToro. Trade the world’s hottest currency for as little as $10. Trades occur 4 times per day, 5 days per week.

eToro Mobile Trading

You can download the Mobile Trader app for Apple and Android devices to make trades on the go. eToro’s OpenBook social trading app is also available.

Options from the downloadable trading platforms in the mobile version include:

  • Make trades
  • Find top ranked investors
  • Follow investors
  • Comment on trades
  • Live market rates
  • Trading charts

Simply go to the eToro website and click on the trading platform you need and you will be transferred to your app store for the download.

 eToro mobile trading:  Preview before you try  eToro Openbook Mobile Preview

eToro Currency Information

• eToro offers account in the following currencies:

EUR, GBP, and USD

Account Types at eToro

eToro does not offer different tiers of account types. You can expect the same service whether you open an account with $50 or $500,000.

What is 'Popular Investor'?

Despite not having multiple account types, eToro does have "Popular Investor". If you are an active trader and have had an account for at least 3 months you can apply to join the program.

Payouts are based on the number of trades your followers copy. Monthly payouts can be seen in the table below.

Qualified Copiers

Basic/Top Payments

10-49

$50/$100

50-249

$150/$300

250-499

$300/$600

500-749

$500/$1,000

750-999

$650/$1,300

1,000-1,499

$750/$1,500

1,500-3,999

$1,000/$2,000

4,000-7,999

$2,000/$4,000

8,000-9,999

$2,500/$5,000

10,000+

$5,000/$10,000

Payouts are based on the number of positive timeframes you currently have. Timeframes are:

  • Last month
  • Last 3 months
  • Last 6 months
  • Last 12 months

If you have 0-2 positive timeframes you are paid the lower (Basic) amount. If you have 3-4 positive timeframes you are paid the higher (Top) amount.

Deposits and Withdrawals

The minimum deposit at eToro is $50.

Funds can be withdrawn to credit cards up to the amount deposited with the same card. Additional funds will be sent via other methods. Withdrawal processing time is 5 business days.

Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.