With eToro’s CopyTrader and CopyPortfolio features, users can copy the trades of successful investors and follow their strategies. For example, you can copy the portfolio of a top-performing investor who specializes in green energy stocks like Tesla, NIO, and Rivian. As you’d expect from the world’s leading social trading platform, eToro also offers its users the ability to connect, share trading strategies and discuss CFD trading with millions of other traders. The unique CopyTrading feature allows you to copy the most successful traders’ actions in real-time — perfect for beginners who are learning to trade CFDs. Launched in 2007, eToro is a brokerage that scores 4.5 out of 5 stars for its unique social investing platform, diverse asset selection and low minimum trade amount.

• You can see how the most popular stocks, commodities, Indices, Forex currencies, cryptocurrencies and other financial assets perform on the live markets.
• EToro is a leading trading and investing platform that’s recognized for its stock and crypto broker services.
• They are still the best forex broker for beginners as risk management tools can limit losses and their training facilities are the best for novice traders.
• Our research team meticulously collected data on every feature of importance to a wide range of customer profiles, including beginners, casual investors, passive investors, and active traders.

We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms. Select your country of residency below to see which regulated forex brokers will accept you as a new customer for trading forex. Steven Hatzakis has been reviewing forex brokers for nearly ten years and has 25+ years of experience as a forex trader. His broker reviews are unbiased and independent, and his expertise is sought after for global FX conferences and speaking events around the world. Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings. In fact, even though here you can find over 1000 CFD assets for day trading, spreads start from 1 pip, which is a competitive value, but still higher than the best CFD and forex brokers. Additionally, eToro also acts as a Stockbroker or crypto exchange allowing traders to buy the underlying asset on stocks and crypto markets. If you’re after the best crypto broker for mobile trading, eToro is a clear standout. An early adopter of cryptocurrency, eToro delivers a sleek mobile experience that brings all the power of its web platform to its convenient mobile apps.

• You can also practice trading CFDs without the risk on the eToro demo account with $100,000 of virtual cash.
• With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
• Founded and headquartered in Melbourne in 2017, Fusion markets are regulated in Australia and Vanuatu and offers one of the best trading experience by applying ‘the Fusion Formula’.
• The primary contributors to trading revenue (spreads and overnight fees) were Equities trades (stocks and indices), which accounted for 44%.
• There’s also email support and live chat which the new and modern way to contact this broker.

Is eToro trading good?

They also have superior execution speeds with traders having direct access to other financial instructions and liquidity pools. The standard account offered by eToro features spreads starting at 1 pip in forex, aligning with industry standards. Apart from spreads, eToro does not impose additional trading fees, with the exception of overnight and conversion fees.

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(While they have full access to all public profiles worldwide, U.S. clients can copy only other U.S. users). EToro’s app is available for iOS and Android, and has received mostly positive reviews. And although it does not offer crypto-to-crypto trading pairs, EToro’s mobile app offers advanced charting capabilities, customization and alerts. EToro is a legitimate brokerage firm that currently serves more than 13 million registered traders and investors around the world (140+ countries). EToro Academy (shown below) covers most aspects of trading and investing for all levels — from beginner to advanced. Here you can watch actionable videos on the differences between trading and investing, understand how to trade stocks and crypto, as well as how to use eToro’s platforms.

Comparison of crypto brokers

Your related close orders will be executed when the related financial exchanges are opened. These example statistics provide a comprehensive overview of a trader’s performance and trading habits on the eToro platform. These numbers are just an example of what you might find on eToro and do not indicate future profits, you may lose money when live trading on eToro. EToro has a news feed built into the platform where you can read the market news from other traders on the eToro platform. The main navigation for the eToro trading platform is always within easy access. Whether viewing on a desktop computer or mobile device,you will always be only 2-3 clicks away from whatever you need.

❖ eToro App

For example, let’s say you want to buy 1 single share of your favorite company, but the price is too high for you. You can simply choose to buy half or even less with eToro’s platform. In addition, potential traders can gain direct market access (DMA) where they can have direct ownership of some underlying asset etoro forex broker review classes like Stocks and Crypto.

Trading platforms

When you do, all of the open positions you are mirroring will be closed. In the case of cryptocurrencies like Bitcoin – we found the spread to average 1% – and slightly more on other digital assets. Ultimately, while listing each and every spread is beyond the remit of this eToro review – we found that across the board the broker is generally very competitive.

Additionally, they have a Customer Service page that allows you to contact its team. This page directs you based on whether you are a visitor or an existing user. It is also possible to contact them via social media including on LinkedIn, Facebook, Twitter, Instagram, and YouTube. EToro offers users a wide variety of CFDs to choose from that include Indices, Currencies, Commodities, Stocks and ETFs. EToro has changed the smallest decimal point on some currency pairs.

Can you do forex trading on eToro?

These spreads will differ based on the currency pair and the time of the day. Generally, the more major traded pairs such as the EUR/USD will have lower spreads than more exotic pairings. Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms. He is an expert in Compliance and Security Policies for consumer protection in this sector.

EToro has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, eToro will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like eToro, you can enjoy peace of mind and focus on your trading activities.If eToro violate any regulatory rules their regulated status could be stripped. EToro USA LLC does not offer CFDs, only real crypto currencies are available on the eToro platform in the USA. In Germany the only crypto trading eToro offers is cryptocurrency CFD trading to German clients. The educational materials offered by the company are more than enough as there is a huge library of information available.