67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies of retail CFD accounts lose money when trading with this provider.

eToro

online brokerage services, copy trading, social trading, retail forex trading, and CFD's

Est. 2007 · Cyprus, UK

Financial Conduct Authority (FCA)Cyprus Securities and Exchange Commission (CySEC)

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Visit eToro

eToro is a regulated online broker that has been serving traders since 2007. eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), giving clients the protections and oversight that come with operating under a recognised regulatory framework.

This review covers all the key aspects of trading with eToro, including its regulatory standing, trading platforms, fees and costs, available instruments, education and research tools, and customer support. Our aim is to give you a clear and objective picture of what eToro offers, so you can decide whether it is the right broker for your needs.

Min. Deposit$50

RegulationFinancial Conduct Authority (FCA)

PlatformsMT4, MT5, cTrader

Max LeverageContact broker

Founded2007

9.4/10

Expert Score — eToro · How we score brokers →

eToro is a well-rounded broker with a solid regulatory foundation, a broad range of instruments, and a competitive overall offering. Whether you are new to trading or a more experienced market participant, eToro provides the tools and environment to trade effectively.

Please note that due to regulations, the content in this review of eToro does not apply to users in Iran, North Korea, Belgium, Canada, Japan, Syria, Turkey, Israel, Belarus, Albania, Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei, Taiwan, Samoa, Nepal, Singapore, United States Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, AN.

Regulation7/10

Fees10/10

Platforms10/10

Education & Research10/10

Deposits & Withdrawals10/10

Support10/10

Regulation Platforms Fees Instruments Education Research Deposits Support Pros & Cons FAQ

eToro Review 2026 - Brief Overview

Year Founded: 2007
Regulated By: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Headquarters: Cyprus, UK
Minimum Deposit: $50
Number of Clients: 20,000,000+
Founders: Yoni Assia, Ronen Assia, David Ring
Employees: 1200
Support Email: support@etoro.com
Address: 24th floor, One Canada Square, Canary Wharf, London, E14 5AB
Trustpilot: eToro on Trustpilot
LinkedIn: eToro on LinkedIn
Facebook: eToro on Facebook
Facebook Likes: 2,155,504
Twitter / X: eToro
Twitter Followers: 270,600
Instagram: https://www.instagram.com/etoro_official/
Instagram Followers: 95,000
YouTube: eToro on YouTube

Visit eToro Website

Who are eToro?

eToro operates as an online trading platform headquartered in Cyprus, UK that first opened its doors in 2007. From the start, eToro has grown into a well-regarded name in the world of CFD and forex trading.

eToro gives traders access to a wide range of tradeable instruments including forex, stocks, and commodities. With 20,000,000+ registered clients worldwide, the broker serves a diverse and growing client base. Operating under regulation from Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), eToro is committed to the compliance requirements expected of a properly regulated financial firm.

Clients at eToro can access the markets through web trader, tablet & mobile apps, making it easy to trade from any device or location. eToro suits traders seeking a broker with solid regulatory credentials and competitive conditions. Whether you are just starting out or have been trading for years, eToro offers something worth considering.

Who Founded eToro?

Behind eToro are Yoni Assia, Ronen Assia, David Ring.The founding team behind eToro brought significant experience in online trading and financial services to the business from the outset.

The leadership team at eToro has extensive experience in building and growing online trading businesses. Their experience underpins the broker's growth and product offering. eToro has grown to employ 1200 employees in roles spanning product, support, and corporate functions.

Beyond the founding story, eToro prioritises developing better tools and resources for its traders. The broker's training content and trading tools show that the company takes client education seriously. Whether you are learning the basics or refining a strategy, eToro has put together an environment built around ongoing improvement.

eToro Review Videos

Why Trade with eToro?

Opening an account with eToro brings with it several distinct benefits that set it apart from many of its competitors. With a track record spanning many years, eToro has developed a platform designed to serve retail traders at every level.

One of the most important factor when evaluating an online broker is the quality of its trading conditions. Competitive spreads and reliable, fast order execution give traders greater confidence that their orders will be filled at or close to their intended price, reducing the hidden cost of transaction charges on long-term performance.

eToro places significant importance on the technology and infrastructure underpinning its platform. A fast, dependable trading environment ensures traders can act on market opportunities without delay or uncertainty, which is particularly valuable in volatile or fast-moving market conditions.

Copy trading is one of the standout feature available at eToro. This functionality allows traders to automatically replicate the positions of experienced, higher-rated investors on the platform, providing meaningful market exposure without the need to analyse every position independently. It bridges the gap between learning and doing, making it a strong fit for traders who are still developing their approach.

eToro also fosters a community-driven approach to trading through its social trading tools. Traders can follow, observe, and engage with others on the platform, building knowledge and confidence through a community of shared practice. This is especially valuable for those looking to develop their own strategy by studying the methods of more experienced participants.

eToro provides access to a wide-ranging selection of financial instruments and markets, spanning forex, indices, commodities, stocks, and more. This breadth of choice means traders can build a balanced, diversified portfolio, a hallmark of a well-rounded brokerage platform.

Taken together, eToro's combination of competitive trading conditions, broad market access, and a suite of supporting tools makes it a credible, well-rounded option for retail traders at all levels. The range and quality of its offering reflects a broker that takes the needs of its clients seriously.

Pros & Cons

Pros

Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Free demo account available
MetaTrader 4 and MetaTrader 5 supported
cTrader platform available
Copy trading and social trading available
iOS and Android mobile apps available
No deposit fees

Cons

No negative balance protection
Withdrawal fees apply
Inactivity fees charged on dormant accounts
Scalping not permitted
Not available in all countries

Compare Brokers Similar To eToro

	learn more about eToro	learn more about Pepperstone	learn more about XTB
Broker	eToro	Pepperstone	XTB
Rating	8.60 / 10	8.90 / 10	8.90 / 10
Minimum Deposit	$50	$200	$0
Year Founded	2007	2010	2002
Headquarters	Cyprus, UK	Australia	Poland
Regulated By	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)	Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217	Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi├ó╦å┼í├óÔÇ░┬Ñn Nacional del Mercado de Valores, Komisja Nadzoru Finansowego
Clients	20,000,000+	10,000+	250,000+
Find Out More	Visit eToro website 67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies	Visit Pepperstone website CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% 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	Visit XTB website 79% 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.

Regulation

Key Takeaway

Regulated by: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). HQ: N/A.

eToro operates under the authority of Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).

eToro, as a company, has a comprehensive collection of rules established to ensure transparent trading on its platform. For data encryption purposes, it employs an industry-standard SSL security protocol. Client funds are stored in segregated accounts away from the broker's own funds, ensuring important safety for traders.

Under the firm's privacy framework, customer data is kept away from any third parties or individuals. This covers credit history and other financial details. eToro is obligated to keep sufficient regulatory capital in line with its licensing authorities, offering traders peace of mind that the platform remains properly capitalised. The table below details the key regulatory data points for eToro.

Regulation: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
The regulatory authority or authorities that oversee eToro's operations. Regulation provides a framework of rules designed to protect client funds and ensure fair trading practices.
Negative Balance Protection: No; Losses can exceed your initial deposit. When trading on margin, you may owe more than the funds held in your account, so careful risk management and the use of stop losses is essential.
Guaranteed Stop Loss: No; Stop losses are not guaranteed and may experience slippage in fast-moving or gapping markets. This means your actual loss on a trade could exceed the intended stop level, so it is important to factor this into your position sizing and risk management.
Excluded Countries: Iran, North Korea, Belgium, Canada, Japan, Syria, Turkey, Israel, Belarus, Albania, Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei, Taiwan, Samoa, Nepal, Singapore, United States Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, AN
This broker does not accept clients from these countries due to regulatory restrictions or local compliance requirements.

Platforms

Key Takeaway

Available platforms: MT4, MT5, cTrader, Proprietary.

eToro has served traders as a established brokerage since 2007. The trading platform a broker offers is one of the most important factors when choosing a broker, as it directly affects your day-to-day experience.

Different platforms suit different types of traders. MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are widely regarded as the industry standard for forex and CFD traders, particularly those who use automated strategies or custom indicators. cTrader is popular among traders who prioritise execution quality and transparent pricing. Some brokers also offer a proprietary platform built in-house, which can offer a more integrated experience across trading and account management.

Beyond the core platform, it is worth considering whether the broker offers mobile apps for iOS and Android, a demo account for risk-free practice, and features such as social or copy trading that may align with your trading goals. The table below details the full range of platform features and tools available at eToro.

Platforms: web trader, tablet & mobile apps
MT4: Yes; Industry-standard forex and CFD platform. Supports Expert Advisors (EAs), thousands of custom indicators, and automated trading strategies.
MT5: Yes; Next-generation platform with additional asset classes, more chart timeframes, and a more powerful strategy tester.
cTrader: Yes; Professional-grade platform built around DMA execution and level-2 pricing. Supports cBot automated trading and advanced order management.
Proprietary Platform: Yes; eToro operates its own trading platform built in-house, offering a more integrated experience across trading, funding, and account management.
Demo Account: Yes; Practice trading risk-free using virtual funds before depositing real money. Ideal for beginners and anyone evaluating the platform.
Social Trading: Yes; Follow, view, and replicate the trades of other traders on the platform. Popular with newer traders looking to learn from others.
Copy Trading: Yes; Automatically mirror the trades of selected investors directly into your account. Popular with passive investors who want market exposure without active management.
ZuluTrade: No
DupliTrade: Yes; Automated trading platform linking traders to professionally managed strategies that replicate into your account automatically.
Hedging: No; eToro does not permit hedging. Traders who use hedging as a risk management strategy should note this limitation.
Trailing Stop: No
Scalping: No; Scalping is not permitted at. High-frequency traders should consider this carefully before opening an account.

eToro Awards

Industry recognition earned by eToro across trading, technology, and customer service.

Best Social Trading Network by the World Finance Awards

2011

Best Trading Software Provider

2011

Best Mobile Trading Platform

2011

Best Trading Platform

2013

Best Platform for Trading Cryptocurrencies

2019

Apps

The ability to trade from a mobile device or desktop application has become an important part of the modern trading experience. Whether managing open positions away from your desk, tracking price alerts throughout the day, or simply preferring a dedicated app over a web browser, the quality of a broker's apps can have a real impact on day-to-day trading.

A well-designed trading app should deliver the same core functionality as the full desktop platform, including the ability to place, modify, and close orders, live charts and real-time price feeds, and complete account and balance management. The best apps also include biometric login for quick, secure access, push notifications for price alerts and account activity, and layouts optimised for touchscreen use on smaller screens.

For traders who move between devices, consistent access across iOS, Android, and desktop operating systems ensures the trading experience is not disrupted when switching between devices. The table below outlines the full app availability at eToro.

Windows App: Yes; A dedicated desktop client for Windows is available, offering a more responsive experience than the web browser version.
Mac App: Yes; A native Mac application is available, providing a streamlined experience on macOS.
Linux App: Yes; A Linux-compatible desktop application is available, catering to traders who prefer open-source operating systems.
iOS App: Yes; A dedicated iOS app is available for iPhone and iPad, allowing traders to monitor markets, manage positions, and place orders on the move.
Android App: Yes; An Android app is available, giving traders full platform access from any Android smartphone or tablet.

Fees

Key Takeaway

Commission: N/A. Min spread EUR/USD: N/A. Inactivity fee: Yes.

eToro is an online trading platform, and most online brokerages tend to charge lower fees than traditional brokerages. The reason for this online brokers operate at significant scale, meaning they are not limited by physical branch networks or the size of their client base.

However, this does not mean online brokers don't charge fees. There are two main categories of fees to be aware of: trading fees and non-trading fees.

Trading fees are charged when you make a trade, such as buying or selling a stock, forex pair, or CFD. These typically take the form of a spread, a commission, or an overnight financing rate. Spreads refer to the difference between the buy and sell price. Commissions can be fixed or based on the traded volume. Overnight rates apply when you hold a leveraged position for longer than one trading session.

Non-trading fees cover actions outside of placing trades, such as deposits, withdrawals, account inactivity, or currency conversion. These fees vary significantly from broker to broker and can add up for infrequent traders not actively managing their account. The table below breaks down the specific fees applicable at eToro.

Minimum Deposit: $50
The minimum amount required to open a live trading account with eToro. A lower minimum deposit makes the platform more accessible for newer traders testing the broker.
Withdrawal Fees: Yes; Fees apply when withdrawing funds from your account. Check the eToro website for the specific amounts, as these may vary by payment method.
Deposit Fees: No; No deposit fees are charged. Funding your account is free regardless of the payment method used, keeping your initial outlay lower.
Inactivity Fees: Yes; A fee is charged if your account remains inactive for a set period. Be aware of this if you do not plan to trade regularly, to avoid unexpected deductions from your balance.
CFD Fees: No

What Can You Trade With eToro in 2026?

Note: eToro offers many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can differ depending on the country of residence of the client.

eToro has a wide variety of over 100 instruments available for you to trade with.

If trading currency pairs is of interest to you then eToro offer over 50 currency pairs.

Compare eToro, Pepperstone, XTB below.

	learn more about eToro	learn more about Pepperstone	learn more about XTB
Platforms	MT4, MT5, cTrader, web trader, tablet & mobile apps	MT5, cTrader, MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps	MT4, MT5, cTrader, MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
Instruments Available	100	100	1,500
Forex & Crypto
Forex Pairs Available	50	70	50
Offers Major Forex Pairs?	No	No	No
Offers Minor Forex Pairs?	No	No	No
Offers Exotic Forex Pairs?	No	No	No
Offers Cryptocurrencies?	No	No	No
Commodity CFD's
Commodities Offered	50	16	21
Trade Metals?	No	No	No
Trade Energies?	No	No	No
Trade Agricultural?	No	No	No
Indices & Stock CFDs
Stocks Offered	957	60	1696
Trade UK Shares?	No	No	No
Trade US Shares?	No	No	No
Trade German Shares?	No	No	No
Trade Japanese Shares?	No	No	No
	Visit eToro website 67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies	Visit Pepperstone website CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% 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	Visit XTB website 79% 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.

Education

Key Takeaway

Demo account: Yes. Educational videos: N/A.

Access to quality educational content is a significant advantage for traders at all levels, particularly for those who are newer to the markets or looking to develop their skills. A broker that invests in its educational resources demonstrates a long-term commitment to client success, rather than simply acquiring new accounts.

Good broker education typically covers the fundamentals of forex and CFD trading, market analysis, risk management, and trading psychology, delivered through a mix of written guides, video content, and live webinars. Regular webinars and live sessions are particularly valuable, as they allow traders to engage with market professionals and ask questions in real time. The table below details the educational resources available at eToro.

Forex Education: Yes; Educational content covering forex trading fundamentals is available, including guides on currency pairs, pip values, leverage, and how the forex market operates.
CFD Education: Yes; CFD-specific educational content is provided, including explanations of how CFDs work, margin and leverage, and the risks involved in leveraged trading.
Weekly Webinars: Yes; Regular weekly webinars are available, typically covering market analysis, trading strategies, and current events affecting the financial markets.
Beginner Videos: Yes; A library of beginner-focused trading videos is available, covering the basics of trading, how to use the platform, and introductory guides to key financial markets.
Regular Client Webinars: Yes; Regular webinar sessions are available to active clients, providing updates on market conditions, trading opportunities, and platform features.

Research Tools

Daily Market Commentary: Yes; Daily written commentary covering key market developments, scheduled economic events, and significant news is provided.
Forex News: Yes; A dedicated forex news feed is available, covering currency market developments, central bank decisions, and key macroeconomic data releases.
Economic Calendars: Yes; An economic calendar is available, listing upcoming data releases, central bank announcements, and other market-moving events with their expected impact.
Trading Central: Yes; Trading Central is integrated, providing professional-grade technical analysis, chart pattern recognition, and trade ideas across a range of markets.
Autochartist: Yes; Autochartist is integrated, providing automated chart pattern recognition, volatility alerts, and trade opportunity identification across multiple markets.

Deposits & Withdrawals

Key Takeaway

Min deposit: $50. Methods: N/A.

The range of deposit and withdrawal methods a broker supports is an often overlooked but important part of the overall trading experience. The speed, cost, and convenience of moving funds in and out of your account matters alongside trading conditions, particularly for traders who move funds regularly or want to avoid unnecessary processing fees.

Most online brokers support a standard selection of funding methods, bank transfers, major credit and debit cards, and popular e-wallets such as PayPal, Skrill, and Neteller. Bank transfers are typically fee-free but can take several business days to process, while card and e-wallet payments tend to be credited more quickly, making them the preferred option for traders who need immediate access to funds. The table below outlines the funding methods available at eToro.

Bank Transfer: Yes; Bank transfer is supported for both deposits and withdrawals. This method is typically fee-free but can take several business days to process, making it better suited to larger or less time-sensitive transactions.
Credit Card: Yes; Credit and debit card funding is supported, typically offering faster processing times than bank transfers. Card deposits are generally instant or same-day, making them one of the most convenient ways to fund your account.
PayPal: Yes; PayPal deposits and withdrawals are supported, offering fast processing and an additional layer of separation between your bank account and the broker.
Skrill: Yes; Skrill is supported as a deposit and withdrawal method, offering fast processing and broad international accessibility.
Neteller: Yes; Neteller is accepted for deposits and withdrawals, providing fast transfers and a widely used option popular with forex and CFD traders.

Customer Support

The quality of a broker's customer support can be easy to overlook until you actually need it. When an issue arises with a deposit, a platform login, or an account query, the ability to reach a knowledgeable, responsive support team quickly can make a significant difference to your trading experience.

The best broker support teams are available across multiple channels, including live chat for immediate responses, phone for urgent or complex issues, and email for non-time-sensitive queries. Multilingual support is also an important consideration for traders who do not speak English as a first language, and can reflect the broker's commitment to serving a global client base. The table below outlines the support channels and languages available at eToro.

Live Chat: Yes; Live chat support is available, providing quick access to the support team for account questions, platform assistance, and general queries.
Phone Support: Yes; Telephone support is available, allowing traders to speak directly with a support representative for urgent or complex account matters.
Email Support: Yes; Email support is available for non-urgent queries, providing a written channel for account questions, document submissions, and detailed enquiries.
Languages: English, German, Spanish, French, and Italian
The languages in which customer support and platform materials are available. Broader language support reflects the broker's ability to serve an international client base effectively.

Frequently Asked Questions — eToro

Can I try eToro before I deposit?

Absolutely! eToro provides a free demo account, allowing you to explore the platform using virtual funds before committing real money.

When you sign up for a demo account with eToro, you are given a set amount of virtual funds to trade with. This lets you build confidence in the platform and test your trading strategies without any financial risk.

With a eToro demo account you can open and close positions, try different strategies, and familiarise yourself with the trading environment for as long as you need.

Is eToro safe?

eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). Regulated brokers must comply with strict financial conduct rules including client fund segregation, capital adequacy requirements, and regular reporting to their licensing authority. This significantly reduces the risk to traders compared to unregulated providers.

Note that eToro does not offer guaranteed stop-loss protection.

Why does eToro ask for my passport?

When you open a live account with eToro, they are required to verify your identity. This is a regulatory requirement known as KYC — Know Your Customer.

Because large sums of money move through financial platforms, regulated brokers must ensure they are not facilitating money laundering or fraud. Providing a copy of your passport or government-issued ID is standard practice across the industry and helps eToro remain compliant with their licensing obligations.

How can I start trading with eToro?

Getting started with eToro is straightforward. Visit the eToro website and complete the registration form with your personal details. You will then need to go through the standard KYC (Know Your Customer) verification process.

Once your account is verified, you can make your first deposit. The minimum deposit for a live account is $50. You should have a good understanding of online trading before committing real money, as losses can exceed deposits.

If you are new to trading, the best way to start is by opening a demo account first to practise without financial risk before switching to a live account.

Is my money safe with eToro?

eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) and is required to hold client funds in segregated accounts, separate from the company's own operating funds. This means your capital is protected even in the unlikely event that the broker faces financial difficulties.

eToro also protects client data using SSL encryption. Always ensure you are accessing eToro through their official website.

Is eToro regulated?

Yes, eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). Regulated brokers are required to segregate client funds, meet minimum capital requirements, and adhere to conduct standards set by their licencing authority.

Is eToro legit?

Yes, eToro is a legitimate broker. The company was established in 2007 and is headquartered in Cyprus, UK, and is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).

eToro operates with transparency and you will not encounter hidden costs or misleading practices that are characteristic of fraudulent platforms.

Is eToro a scam?

No, eToro is not a scam. They are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules and conduct standards. This makes it safe to say that eToro is not a fraudulent platform.

Is eToro a good broker?

eToro offers a range of features including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and a proprietary trading platform trading platforms, multiple payment methods, and a free demo account.

Whether eToro is the right broker for you depends on your individual trading needs, experience level, and the markets you want to access. We recommend comparing eToro with alternative brokers to find the best fit.

Is eToro a trustworthy broker?

Yes, eToro is a trustworthy broker. Their operations are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), meaning they must meet strict financial conduct standards.

eToro has 20,000,000+ registered users.

You can review feedback from real clients on the eToro Trustpilot page.

What is the minimum deposit for eToro?

The minimum deposit to open a live account with eToro is $50. This is the lowest amount required to start trading with real money. Always check the eToro website for the most current requirements.

How long do eToro withdrawals take?

Withdrawal processing times at eToro vary depending on the method used. Typically, withdrawals are processed within 1–3 business days, though bank transfers can take up to 7 working days to appear in your account.

Withdrawals are available in the following currencies: USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.

Note: eToro may charge fees on withdrawals. Check the broker website for exact amounts.

When was eToro founded?

eToro was founded in 2007 in Cyprus, UK. They are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).

How many people use eToro?

eToro is a globally recognised broker with 20,000,000+ registered customers.

Where is the eToro head office?

eToro has its head office in Cyprus, UK. Their registered address is: 24th floor, One Canada Square, Canary Wharf, London, E14 5AB.

Which countries does eToro support?

eToro operates globally. However, due to regulatory restrictions, eToro cannot accept clients from: IR,KP,BE,CA,JP,SY,TR,IL,BY,AL,MD,MK,RS,GN,CD,SD,ZW,ET,GH,TZ,LY,UG,ZM,BW,RW,TN,SO,NA,TG,SL,LR,GM,DJ,CI,PK,BN,TW,WS,NP,SG,VI,TM,TJ,UZ,LK,TT,HT,MM,BT,MH,MV,KZ,GD,FJ,BB,BM,BS,AG,AI,AW,LB,SV,US,PY,HN,GT,PR,NI,VG,AN. If you are unsure whether eToro accepts clients from your country, check directly with the broker before opening an account.

Can you make money with eToro?

Many traders use eToro to trade the financial markets, and some do generate consistent returns. However, trading financial instruments — particularly leveraged products such as CFDs — carries a high risk of loss.

While eToro provides the tools and platforms to trade, they cannot guarantee profits. You should ensure you understand how the products you are trading work and that you can afford to bear the risk of potential losses.

67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies

Does eToro have fees?

eToro requires a minimum deposit of $50 to open a live account. Trading fees typically include spreads and, in some cases, overnight financing charges on leveraged positions.

Any fees charged by your bank or payment provider for deposits and withdrawals are your responsibility. Check the eToro fee schedule on their website for full details.

What trading platforms does eToro offer?

eToro offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and a proprietary trading platform, alongside web trader, tablet & mobile apps. MetaTrader platforms support automated trading via Expert Advisors and custom indicators.

Does eToro offer a demo account?

Yes, eToro offers a free demo account, allowing traders to practise with virtual funds before committing real money. This is particularly useful for newcomers or anyone who wants to evaluate the platform before depositing.

Does eToro offer negative balance protection?

No, eToro does not offer negative balance protection. This means that in extreme market conditions, it is theoretically possible for your account balance to go below zero. Traders should be aware of this and manage their risk accordingly.

Does eToro offer guaranteed stop loss?

eToro does not currently offer guaranteed stop loss orders. Standard stop loss orders are available, but these may not protect against market gaps. Traders who require guaranteed stops should consider this when evaluating the platform.

Does eToro allow scalping?

No, eToro does not permit scalping. Traders who use rapid short-term strategies should be aware of this restriction before opening an account.

Does eToro allow hedging?

No, eToro does not allow hedging. Traders who rely on hedging as part of their strategy should consider this when evaluating eToro.

Does eToro offer copy trading or social trading?

Yes, eToro offers both copy trading and social trading. Copy trading allows you to automatically mirror the positions of experienced traders, while social trading lets you follow and engage with other traders on the platform.

What funding methods does eToro accept?

eToro accepts the following funding methods: bank transfer, credit and debit card, PayPal, Skrill, and Neteller. Processing times and any applicable fees may vary by method.

Does eToro accept bank transfers?

Yes, eToro accepts bank transfers for depositing funds. Bank transfers are one of the most secure methods of funding a trading account, though they typically take 1–5 business days to process.

Does eToro accept credit cards?

Yes, eToro accepts credit and debit cards for depositing funds. Card deposits are typically processed instantly, making them one of the fastest ways to fund your account.

Does eToro accept PayPal?

Yes, eToro accepts PayPal as a deposit method. PayPal provides a quick and secure way to fund your trading account without sharing your bank or card details directly with the broker.

Does eToro accept Skrill?

Yes, eToro accepts Skrill for depositing funds.

Skrill (formerly Moneybookers) is a digital wallet provider established in 2001 that operates in over 120 countries and supports more than 40 currencies. Funds deposited via Skrill are typically processed instantly. Skrill is regulated by the Financial Conduct Authority and the Central Bank of Ireland for its European activities.

Does eToro accept Payoneer?

Yes, eToro accepts Payoneer for depositing funds.

Payoneer is an American financial services company offering online money transfer and digital payment services, operating in over 200 countries and territories in more than 150 currencies. Companies like Airbnb, Amazon, Google, and Upwork use Payoneer for mass payouts worldwide.

Does eToro accept Neteller?

Yes, eToro accepts Neteller for depositing funds. Neteller is a widely used e-wallet service that allows quick and secure deposits to trading accounts.

Does eToro offer live chat support?

Yes, eToro offers customer support through live chat. This provides quick access to the support team for account questions, platform assistance, and general queries.

Does eToro offer phone support?

Yes, eToro offers customer support by telephone.

Does eToro offer email support?

Yes, eToro offers customer support by email. You can contact them at support@etoro.com. Email is best for non-urgent queries, documentation submissions, or detailed account questions.

What languages does eToro support?

eToro can communicate with and support customers who speak: English, German, Spanish, French, and Italian.

Does eToro have a Wikipedia page?

Yes, eToro has a Wikipedia page. You can view it here: https://en.wikipedia.org/wiki/EToro