eToro Review 2024 | Information about eToro Forex Broker

Broker News

eToro Acquires Australian Investing App Spaceship 2024-09-30

eToro, in an effort to diversify its product offerings and boost its long-term savings business, announces the acquisition of Spaceship for AUD 80 million.

eToro Pays $1.5 Million Fine to the U.S. Securities and Exchange Commission 2024-09-14

U.S. financial regulators charged eToro with violating federal securities laws. eToro will stop almost all crypto trading services for U.S. customers and pay the fine.

Naomi Rarmani Rejoins eToro to Lead Compliance Operations 2024-05-08

Before returning to the firm, Naomi served as Rapyd's Compliance Manager and Fundbox's Compliance Officer.

Account Type

8.0

Very Good

Features

Trading Platforms

eToro Trading Platform

Min Deposit

200.0 USD

Max Leverage 1 : 400

Min Trade Volume

0.01 Lots

Margin Call Level 20%

Commission

0 USD

Spread Type Variable Spread

Account Currencies

SEK, DKK, NOK, CNY, CZK, PLN, ‎AUD, GBP, EUR, USD

Trading Instruments

ETFs, Cryptocurrencies, Stocks/Equities, Indices, Commodities, Forex/Currencies

Hedging

Scalping

NBP

Islamic

Deposit and Withdrawal

5.2

Score

Features

Company and Service

9.0

Outstanding

Features

Profile

Headquarters Address

eToro Europe, KIBC (Kanika International Business Center) 7th floor, 4 Profiti Ilias Street, Germasogia 4046, Limassol, Cyprus

Founded 2007

Broker Type

STP, NDD

Credit Profile No information

Trading Platforms

Contact

No Data

Others

Website Language

Arabic, Chinese(Simplified), Chinese(Traditional), Czech, Danish, Dutch, English, Finnish, French, German, Italian, Norwegian, Polish, Portuguese, Romanian, Russian, Spanish, Swedish, Thai, Vietnamese

Customer Service By

Phone, Email, Live Chat, Fax, Post, Facebook, Instagram, LinkedIn, Youtube

Supported Language

Related Complaints

Q&A

Quali sono le recensioni più recenti su eToro?

Yayo

Italy

2024-10-12

ANSWER Dear Investor,Thank you for reaching out to us.eToro provides financial services through its website, etoro.com, and is supervised by several financial regulators, including the Cyprus Securities and Exchange Commission (CySEC), the Seychelles Financial Services Authority (Seychelles FSA), the Australian Securities and Investments Commission (ASIC), and the Financial Conduct Authority (FCA).Before committing real money, it is crucial to verify the broker's registration in your country. In Italy, it is recommended to choose forex brokers registered with the Commissione Nazionale per le Società e la Borsa (CONSOB). However, eToro is listed in CONSOB's "Register of EU Investment Firms: Without Branches," which means the company is authorized to operate in Italy under the European Economic Area (EEA) framework. Therefore, Italian investors' eToro accounts are likely subject to CySEC regulation rather than CONSOB. CySEC is often considered an offshore financial regulator, which may offer fewer protections compared to top-tier regulators like the FCA.Supervision is just one of the necessary factors to consider when researching a broker. It is also important to read customer reviews and shared experiences. We have added eToro to our Broker List, and many eToro clients have left comments on our platform. You are encouraged to read them here. Additionally, we recommend trying eToro's demo account to understand if their trading conditions meet your needs.

eToro is rated high, does that mean it's a reliable broker ?

BrownSmith

Indonesia

2022-03-10

ANSWER eToro is authorised and licensed by several regulators, including the UK's Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), the Australian Securities & Investments Commission (ASIC) and the International Financial Services Commission of Belize (IFSC). For more details about this broker you can check our full eToro review. As a licensed broker overseen by top-tier regulators like FCA, CySEC and ASIC, eToro is required to follow a series of rigorous rules and obligations, therefore operating in a relatively credible and transparent way with a secure trading environment. Hence, this broker is considered to be a reliable broker by comparison with unregulated and weak-regulated brokers.

Overall Score

4.5

135 Reviews

Cost 5.2

Platforms 5.1

Deposit & Withdrawal 5.2

Customer Support 5.1

Indicates the average level of Brokers

Keywords for selection

Advanced Trading Platform Reliable & Reputable Trading Conditions

135 Reviews Clear filter

Sort by

lee

Over 3 years Bermuda

I have used Etoro over the past couple of years and never had a problem with them. As for google them an see. Google any forex broker and the word scam after their name and you will get the same results. A company with so many users cant keep everyone happy.

2024-12-13

Ghazi Nasr

7-12 months Bangladesh

This is my 2nd broker and all I can say they were good at me on my first six months using them and their true colors appeared when I made a withdrawal 70% of my trading account balance. After that, they keep me disconnected on their platform and it took me a minutes before I can closed my trades and then my final hours came, they cancelled my profit and disabled my trading account.

2024-11-21

heyman

7-12 months Dominica

etoro's webtrader is great for new traders. If I didn't have etoro's webtrader to help me, I don't know what I would have done.

2024-11-15

Axel Hoot

1-3 years United States of America

I found etoro USA to be very efficient. It is also convenient to have etoro USA as my local broker because I don't have to go out of the country to do my trading.

2024-11-08

yasser

Over 3 years Bahamas

I've been using etoro for several years and I do think it's better than other online brokers. It has never steered me wrong and I like it a lot.

2024-11-01

Derek

7-12 months Philippines

Laura, thank you for taking the time to adress my posting, but please understand that expecting your users to shut down any other application that uses bandwidth just so they can avoid eToro's connection problems is an admission that the Etoro bandwidth is the problem.

2024-10-31

Stefanos

1-3 years Italy

Recently filed complaint with CySEC due to etoro asking for security code information by email. Had sent copies of documents for payout, they confirmed receipt, then asked for all my cvv code info and security info from back of my card even though they said it wasn't necessary. They refuse to pay me my money now including my deposits and profits. Will keep informed. Trading was fine, made money, just their platform doesn't work all the time ( example the news feed) So I want to trade elsewhere. Please just pay me.

2024-10-12

Gary

7-12 months Australia

I think they use 400:1....I'm blushing already

2024-10-11

imkels

0-6 months Algeria

This looks interesting, i think i will give it a try. thanks

2024-10-09

Samson

7-12 months Indonesia

eToro is great for social trading and offers a wide range of assets. However, it can be limited in some regions.

2024-09-29

1-10 of 135 comments

eToro

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Quali sono le recensioni più recenti su eToro?

eToro is rated high, does that mean it's a reliable broker ?

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Related Complaints

Quali sono le recensioni più recenti su eToro?

eToro is rated high, does that mean it's a reliable broker ?

Overall Score

Keywords for selection

Rate and Review

Risk Warning:

Disclaimer:

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