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General Features, Location and Regulation of eToro Broker

Reviewed broker: eToro Social Trading Network

Established in 2007

Location: Cyprus

Regulation:  eToro’s brokering services are provided by eToro (Europe) Ltd., a registered Cypriot Investment Firm (CIF). The company’s registration number is HE20058. eToro Europe is regulated by the Cyprus Securities & Exchange Commission (CySEC) under license number 109/10. In the UK, eToro UK (company registration number 7973792) is authorized and regulated by the Financial Conduct Authority (FCA), under firm reference number 583263. eToro (Europe) Ltd. and eToro (UK) Ltd. both operate under and comply with the Markets in Financial Instruments Directive (MiFID).

USA Traders: allowed at eToro USA

Account, Payments and Trading Conditions

Trade & Invest in top cryptocurrencies, ETFs and thousands of stocks. Trade currency pairs, Indices and Commodities via CFDs. Investing in the financial markets has never been easier.

Minimum deposit requirement: $200

Payment methods: credit cards, Paypal, Skrill, Neteller, unionpay china, webmoney, yandex, Bitcoin

Maximum leverage: 1:400; 1:1 for Crypto Currencies

Mini account: no

Spreads start from 2 pips

Demo account: yes (fueled with $100,000 USD of virtual money)

Segregated account for client funds: yes

Islamic swap-free accounts: yes

Social trading: yes

Trade with confidence on the world's leading social trading network

Join millions who've already discovered smarter investing by automatically copying the leading traders in our community, or get copied yourself to earn a second income. Connect with other traders, discuss trading strategies, and use our patented CopyTrader™ technology to automatically copy their trading portfolio performance.

Platform, Social Trading and Spreads

Trading platform: eToro Webtrader with innovative features CopyTrader (social trading network) – allows you to connect to over 6 million other traders, discuss strategies and simply automatically copy the top performing experts.

Live feeds of trading activities: yes

Follow specific traders activity: allowed

Copy other traders: yes

Spread types: variable

Stop loss/ limit orders: yes

Hedging: allowed

Automated trading: yes

Forex Learning Material and Latest Promotions

Educational material: tutorials, webinars, online videos, blog, market analysis

Customer support: email, phone, online chat are here to answer any question. The customer service team is available 24/5, so you’ll have professional assistance whenever you need it. Additionally, there is also exclusive trader programs and frequent financial news updates.

Innovations from eToro 

Since 2007, eToro has been at the forefront of the fintech revolution:

  • 2007 – The launch of the eToro platform: Disrupting the traditional world of investment by making it available online to anyone around the world.
  • 2009 – WebTrader: An intuitive trading platform with professional tools for both beginner and advanced traders.
  • 2011 – OpenBook: The world’s first social trading platform. Enabling anyone to join the fintech revolution by copying other successful traders. The platform attracted global attention, winning Best of Show 2011 at Finovate Europe.
  • 2012 – Introducing stocks: Alongside commodities, currencies and other assets on eToro, a wide selection of stocks were added, enabling traders to diversify their portfolios even further and invest in the global stock market.
  • 2013 – Mobile app: Every feature on the eToro platform made available to clients everywhere they go, through their Apple or Android smartphones and tablets.
  • 2015 – The new eToro: Integrating both online trading and social trading into one intuitive and innovative interface.
  • 2016 – Introducing CopyFunds: A brand new long-term thematic investment product. CopyFunds are managed portfolios that bundle top traders or various assets under a predetermined strategy. CopyFunds are driven by powerful machine-learning engines which aim to generate a maximum return at any given time.
  • 2017 – CopyFunds powered by Machine learning AI: Further developing CopyFunds, eToro integrated Microsoft’s machine learning technology into the MomentumDD The new CopyFund uses artificial intelligence to find the steadiest traders who are most likely to generate a double-digit return and bundle them into one fully managed portfolio.

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How was the rating of eToro performed compared to other brokers? 

This 2020 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on eToro FX broker performance and features. 

Overall our online eToro review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online eToro or you find inaccurate details eToro broker review please get in touch with us and the changes will be applied. 

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% 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