eToro broker

eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.

With over 3,000 tradeable symbols, including CFDs, forex, and exchange-traded securities, eToro offers a comprehensive – albeit slightly pricey – trading experience.

Minimum Deposit: $10-$10,000
Trust Score: 93
Tradeable Symbols (Total): 3458

eToro pros & cons

thumb_up_off_alt Pros

eToro was founded in 2007 and is regulated in two tier-1 jurisdictions and one tier-2 jurisdiction, making it a safe broker (low-risk) for trading forex and CFDs.
eToro is excellent for social copy trading and cryptocurrency trading and was our top pick for both categories for our 2023 Annual Awards.
Fantastic for ease of use thanks to its user-friendly web platform and the eToro mobile app that is great for casual and beginner investors.
eToro continues to expand its available range of markets as a multi-asset broker with over 3,000 symbols available.
Offers indemnity insurance of up to EUR 1 million per client in the EU, the U.K., and Australia.
VIP-style perks are available for club members and popular investors that reach higher tier status.

thumb_down_off_alt Cons

Trading forex and CFDs at eToro is slightly pricier than most of its competitors, despite recently cutting spreads and introducing zero-dollar commissions for U.S. stock trading.
eToro’s range of traditional research materials and tools is limited compared to its peers.
Automated (algorithmic) trading strategies are not supported at eToro.
Mandatory stop-loss and take-profit may hinder certain trading strategies.
Trading Central research and tools are only available to certain eToro Club members who have reached higher Club tiers.