eToro Review

Score: 9.3 ⭐️

4/24/20231 min read

eToro has an easy to use copy trading platform–where new clients to this field can copy more experienced traders.

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

eToro pros & cons

pros

  • eToro was founded in 2007 and has several regulatory licenses for trading forex and CFDs.

  • eToro is excellent for social copy trading and cryptocurrency trading.

  • anm easy to use web trader and same for it's mobile app.

  • eTorois a multi-asset broker with over 3,000 symbols assets.

  • Offers indemnity insurance of up to EUR 1 million per client in the EU, the U.K., and Australia.

  • VIP-style advantages are available for club members and popular investors that reach higher account levels.

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 has a limited tange of educational material.

  • No Algo trading strategies are not supported at eToro.

  • Mandatory stop-loss and take-profit may hurt certain trading strategies.

  • Trading Central research and tools are only available to certain eToro Club members who have reached higher Club tiers.