What is eToro?
eToro is founded in 2007 in Israel by Yoni Assia, Ronen Assia, David Ring, from beginning they aiming Stock and forex trading platform for every person in the world, with friendly innovation web-trading platform make every person can easily get started without deep financial acknowledge, now eToro serves more than 13 million users from around 150 worldwide countries.
eToro Safe or a scam?
We have checked that eToro is subject to national/regional and government regulations, so it is also suitable for safe transactions and negative balance protection. Therefore, if your loss exceeds your deposit, your loss of funds will not exceed your own capital, if, In the event of certain uncontrollable market risks, you will not need to pay additional losses in excess of the principal
CySEC (Europe): Company Registration Number: 200585
FCA(UK): Company Registration Number:583263
ASIC(Australia): Company Registration Number:491139
FinCen (USA) : Company Registration Number: 31000176049756
CySEC (Europe) & FCA(UK):
- x30 for major currency pairs
- x10 for commodities
- x5 for CFD stocks
- x2 for Crypto currencies
- x400 for major currency pairs
- x25 for commodities
- x10 for CFD stocks & ETF
- x2 for Crypto currencies
No Stock Trading fee
Stock and ETF spread 0.09%
Forex spread is between 2~4 pip
Deposits and Withdrawal
Minimum deposit :200 $ fee are 0 %
at the first time, you need deposit 200 $ after u can deposit from 50
Minimum deposit depending on clients’ region and country regulations and varies from $200 for European clients and up to $10,000. See some of the examples below, yet you should always check with particular entity customer support in terms of its conditions.
list of support deposit:
|Bank transfer||USD, EUR||According to bank charges|
|China Union Pay (CUP)||CNY||0%|
|NETELLER||USD, EUR, INR, BRL||0%|
Minimum Withdrawal: 50$ fee is 5$
no matter how much money you withdraw is 5 $ only each time, but by wire, transfer bank could be taking up to 20 $ this has taken by the bank
Unlikely other trading platforms in eToro only use they are web-trading system and no MT4 5 support, android and Apple APP is available, with gamely UI imaginable APP for anyone who only beginning started trading stock
major Feature on eToro is social copy trading who only fully provide social and trade together in the world, overall, you can enjoy freelance investor or join as popular Star trader in eToro which also earning additional income when people copy your trading minimum salary start from 500$ and the highest level of popular trader is 1000$+ 2% AUM (total copying capital) which mean you will earning more than 3000$ each month
eToro support such live chat and Facebook, and phone call back service depend on what’s your membership level, usually more high level that’s you will get more quickly reply to understanding what’s your membership level you can check here: eToro club level
And eToro service are working 24/7 but usually is 24/5 depend on what’s your language area, due to some country labor law is not allow working at holiday
For eToro main education are doing by the popular trader call PT (popular Trader), they offer young trader copy they strategy and these PT will update post by week even daily also give trader new idea and education how to invest on market, I call this is C2C trading education because TP they able receive reward if they share thoughts and get more people to copy and more income, more detail you can check here popular-investor
So, why do 13 million customers choose this platform, and eToro is still worth a try? As we have seen through eToro Review, there are many reasons, mainly the flexibility of trading on the eToro platform and the possibility of extensive communication with other trading participants. It is indeed very easy and convenient to work on this platform, which not only provides investment options but also provides regular trading, as well as comprehensive automatic trading functions. In addition, if you also increase the advantages and possibilities of trader teamwork and high bonuses, then cooperation will have a good impact on everyone. Although there are other social trading platforms available, eToro is now the best and leading product of its kind.
eToro pioneered social trading in 2012 and has been widely recognized for making the social trading experience as smooth and engaging as possible. It has since grown to become one of the largest Forex brokers in the world, and its success has made it clear that many traders view an active and helpful community as an essential part of their trading strategy. has won multiple awards for innovation, and as crypto currencies have become more popular, it has introduced a wide variety of crypto currency CFDs to traders.
eToro’s trading model is quite different from most other brokers and may take some time to get accustomed to, but if you are looking for a fun and simple social trading experience, then is the best broker for you.
- Great Social trading environment
- Free Stock and ETF trading options
- demo Account available for practice
- Quick response and relevant answers
- Availability of Live Chat
- Customer-friendly layout
- Supporting Android and iOS
- Standard login without Face ID option
- No MetaTrader4 offered
- Limited range of tools and analysis
- Only Web Version of the platform
Specification: ✅eToro Broker Review | Scam Status :✅Safety