Since 2006, eToro has been a leading marketplace for people to trade multiple instruments in multiple markets around the world. The brokerage was founded by two brothers and has grown to host over 4.5 million users in more than 170 countries worldwide with thousands of account being opened every single day. It is ranked among the top social trading networks and online Forex brokers Thereby realizing its vision of becoming a popular financial trading and investment platform. Whatever the financial goals are for any own regardless of their preferred investment style, eToro has the tools to provide an outstanding trading experience.
eToro (Europe) Ltd is a financial services company licensed and regulated by the Cyprus Securities Exchange Commission (CySEC) under the license #109/10. On the other hand, eToro (UK) Ltd is licensed and regulated by the Financial Conduct Authority (FCA) under the license FRN 583263.
eToro offers two trading accounts namely; demo and real trading accounts. With the demo account, entry level traders can trade on their market without placing their funds at risks as they apply the skills they get from educational material available on eToro.com. On the other hand, expert traders and a confident beginner can trade on the market with their funds and make profits from their trades.
eToro provides their users with a whole suite of online investments solutions across multiple devices. All clients can trade on the go which adds flexibility for the trader to invest according to their individual goals and preferences.
eToro provides awesome features which makes this platform unique and refreshing compared to others, certainly when you look at the social aspects and the opportunity to copy well-balanced stock bundles from good performing users and recognized names in the industry. This feature is called CopyFunds which enhances your chance on a good return on investment over a longer period of time, some examples are:
- Top Trader CopyFunds: As the name suggests, those contain the best performing traders on eToro. You can copy their strategy which will let you follow their path.
- Market CopyFunds: This is where you can choose for a certain bundle to get a well-balanced mix of CFD stocks, commodities or ETFs in a chosen market segment. CryptoFund is a good example which contains a mix of various cryptocurrencies like Bitcoin, Ethereum and Dash. This enables you to invest in various cryptocurrencies just in one click.
Deposit and Withdrawal Options
Clients can deposit or withdraw from their accounts using the following payment options;
- Credit / Debit- Visa, MasterCard, Diner’s Club
- Electronic wallet- PayPal, Skrill, Webmoney, Neteller
- Wire Transfer
- Wirecard- Wire and credit card
- The China Union Pay
The above-named payment processing options are guaranteed safe and secure. Withdrawal will be made through the payment option used during when depositing funds to the new account.
EToro offers trading opportunities for multiple instruments across multiple markets. They include;
- Crypto- eToro users can trade a number of common cryptocurrencies including Bitcoin, Dash, Litecoin, Ripple, Ethereum, and Ethereum Classic.
- Exchange Traded Funds
- Stocks- trade stocks from the NYSE.
- Indices- such as China50, DJ30, AUS200, ESP35, EUSTX50, FRA40, GER30, and JPN225 among others.
- Commodities- such as Copper, Gold, NATGAS, OIL, Platinum, and Silver.
- Currencies- trade common currency pairs such as GBP/USD, EUR/PLN, EUR/SEK, AUD/USD and EUR/USD among others.
EToro customer services representatives are available 24 hours a day, 5 days a week. They can be reached via telephone, fax, live chat, and email, at www.etoro.com/support. Alongside these options, eToro.com has a digital customer service feature that can be personalized to the client’s needs for quick support. The eToro website also a feature where customers can interact with customer service in a forum type format, where clients can also find their questions already posted and answered by eToro reps.
EToro is licensed and regulated both by the CySEC and FCA which both exercise their authority as an oversight to brokerage firms in the UK and Europe as a whole. All operations and management practices at eToro are done under the guideline of established laws on brokerage firms. In the USA, eToroUSA is operated by Tradonomi LLC which is regulated by the National Futures Association (NFA). However, eToroUSA is not yet active therefore eToro is not accepting clients from the USA.
eToro.com is a platform designed to be user-centric for simplicity in trading. Customers who trade on the eToro platform can tap into the network of experienced traders to benefit from the collective wisdom of eToro’s trading community. A number of tools are provided to the traders to guide them from their first trades as a trader with a wide range of responsible trading features.
Your capital is at risk
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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
Past performance is not an indication of future results. This content is for educational purposes only and is not investment advice.
All trading involves risk. Only risk capital you’re prepared to lose. Past performance is not an indication of future results. This content is for educational purposes only and is not investment advice.
Highly volatile investment product. Your capital is at risk.
Cryptocurrencies can fluctuate widely in prices and are therefore not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework.