Bank on rfp template for software’s experience as a global fintech leader since the early days of blockchain to provide you with a complete crypto solution. Buy Bitcoin, Ethereum, XRP and other top cryptocurrencies without deposit fees, and choose from a wide variety of convenient deposit options. Users must understand that the eToro Money wallet app is the only avenue to transfer coins off the eToro platform. This is a necessary step if you want to maximize security by storing your crypto holdings in an offline cold wallet. Pricing can be confusing on crypto exchanges, particularly those that cater to beginners, such as Coinbase and Gemini. So it’s refreshing that eToro charges clear and simple fees—technically “spreads”—when you buy and sell crypto.

Customers the ability to trade forex, exchange-traded securities, and crypto. For U.S. citizens, eToro offers stock and exchange-traded fund trading for users residing in 44 states, to add to its existing cryptocurrency offering. If you’re new to online trading, then a demo account might be a good option as it will allow you to get used to the platform without risking any real money. Once you’re more confident, you can switch to a money account on eToro.


Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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. Today, it offers direct cryptocurrency purchases and keeps most funds in secure cold storage. However, mind that the eToro wallet keeps your private key, so you have to trust the trading platform to secure your funds.

It offers a crypto exchange with trading in 65 cryptocurrencies, as well as an online brokerage platform with access to a limited selection of stocks and exchange-traded funds . EToro is an ideal social trading and multi-asset platform for investors who are new to the investment world. The platform has been pioneering online investment space since 2006 and has earned its reputation as a credible broker. CFDs are a type of financial instrument that allows traders to speculate on the price movements of underlying assets. EToro offers a wide range of CFDs, including forex, indices, commodities, and cryptocurrencies. The company’s innovative platform provides traders with access to the latest market news and analysis, as well as powerful tools and resources.

Fundamental data

Cryptoassets are volatile instruments that can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading crypto assets is unregulated and therefore is not supervised by any EU regulatory framework. It made its first move into crypto in January 2014, when it began offering Bitcoin trading to the three million users it boasted at the time. At the time, these were contracts for difference trades, which meant that the trader didn’t purchase the underlying asset (e.g., bitcoin). Instead, it constituted an agreement that he or she will either pay the difference if the asset drops in price or will receive the difference if it rises. However, eToro switched to offering direct trades in crypto in September 2018, so now you actually own and can withdraw the cryptocurrencies you buy into the eToro wallet.


CopyTrader – This is like following other traders, except it automates the entire process. You can choose to copy other eToro members’ trades in real-time. Ensure you are minimizing your risk before using this feature. Copy trading is a portfolio management service, provided by eToro Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission. Originally, it only offered Forex and CFD trading until it introduced in 2010 the OpenBook social investment platform and the CopyTrade feature.

Although it comes at a higher cost than regular cryptocurrency trading services, the benefits outweigh the costs as eToro offers significantly more. Overall, eToro is an excellent place to start learning about the online investment world, diversify your portfolio, connect with other investors, and build a career as a wholesome trader. You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Cryptoasset investing is unregulated in most EU countries and the UK. Trading with eToro by following and/or copying or replicating the trades of other traders involves a high level of risks, even when following and/or copying or replicating the top-performing traders.

Welcome, Trader

Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees. On the negative side, eToro’s non-trading fees are high as there are fees for withdrawal and inactivity. Withdrawals can be slow and USD is the only currency you can hold your cash in. Fees, minimum deposit requirements, withdrawal, account opening, research tools and more.

«Online trading was a new thing to me but this broker made it all easy for me to understand how it works and simpler thanks to the copy trading option. The platform is also user-friendly.» There are more than 30 cryptocurrencies available to trade on eToro. Yes, but crypto transferred from the platform can’t be transferred back. The company currently only offers access to about 200 ETFs. Every eToro account also gets a $100,000 virtual trading account, so you can practice trading with play money. Many or all of the products featured here are from our partners who compensate us.

Past performance of an eToro Community Member is not a reliable indicator of his future performance. Content on eToro’s social trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of eToro – Your Social Investment Network. EToro is a multi-asset investment company with over 12 million registered users from more than 100 countries.


Leading crypto exchanges KuCoin and Gemini charge spreads that are a fraction of eToro’s rate. «eToro SPAC merger delayed again. Is the trading platform still worth $10 billion?». In 2020, the company acquired Marq Millions, the UK division of e-money, which was then renamed to eToro Money. The company also obtained a primary membership of Visa and an electronic money institution license from the Financial Conduct Authority. In December 2021, the company launched the eToro Money debit card for UK residents that includes issuing a VISA debit card to users.

eToro social trading

The eToro trading platform allows users to access for free a wide variety of tools and indicators someone might need to analyze assets before entering a trade. Plus, you also get access to a free account where you can test out strategies for eToro CFD trading before using real money. This way, you can see which are the best strategies to apply without losing money.


Alternatively, if you’re already an experienced trader, then a money account might be the better option as it offers the opportunity to make real profits. The scoring formula for online brokers and robo-advisors takes into account over 15 factors, including account fees and minimums, investment choices, customer support and mobile app capabilities. These brokers are comparable in terms of the products they offer (i.e. stocks, CFDs, crypto, etc.) and the type of clients they target ( i.e. beginners, experienced investors, or day traders). Currently, people from the USA cannot use all services and features provided by eToro because US regulations do not allow trading in CFD instruments for US residents. As a result, no regulated broker will allow retail clients in the US to trade CFDs. US clients can trade crypto, real stocks and ETFs on eToro.

But where it shines is its unique community and automated trading models. If you’re neither a beginner nor someone who’s looking to become a crypto influencer, but simply want rock-bottom trading fees, eToro would not be your first choice as a crypto exchange. EToro plans to continue its rollout of PagerDuty across various teams in the company, including the security, IT, and data teams. “The main objective now is to aggregate all incoming alerts from all teams into one centralized console through PagerDuty Visibility,” explained Gotfrid.

BrokerChooser does not provide investment or any other advice, for further information please read our General Terms and Conditions. If you buy stocks or ETFs without leverage, you are buying the real asset, not a CFD. Usually, this feature is not offered by other CFD and forex brokers. In that sense, eToro’s selection of 17 stock markets to access is great.

Since eToro is a brokerage service and not an exchange, it doesn’t charge trading fees the way regular crypto exchanges do. However, you’ll pay something called “spread fees” when selling crypto and buying crypto using leverage (i.e., when borrowing from the eToro trading platform to make a purchase). In other words, if you want to sell a cryptocurrency, you have to pay a percentage of the sale price.

In general, when an asset is not available during halting periods, set order rates that are triggered during the halt will be executed on the next available executable rate when trading resumes. No matter what the case is, trading disruptions are a result of the unusual conditions in the market, which can cause panic and disruptions to trading. This is a safe environment to learn all about the platform and its unique features like CopyTrading, Smart Portfolios and more. It is important to note that this time period depends entirely on the payment service provider. These are regulatory obligations from eToro as a regulated financial institution.

Plenty of educational materials, including a virtual portfolio for training. A fee of 50 bps, for example, means that you will be charged 0.50% of the amount you are buying or selling. In the forex markets, one basis point is sometimes also referred to as a pip. Customers have to pay a currency conversion fee starting at 50 basis points for deposits and withdrawals made in currencies other than USD. EToro is currently offering a $10 bonus for customers that purchase $100 worth of cryptocurrency through their platform.

An unborrowable asset is an asset that won’t be lent out to short-sellers, which might happen when there is no one willing to lend out the asset. Once received, the request to withdraw will be processed by our teams within 2 business days. Instant payments like Credit Card, e-wallets and others will appear immediately on your is lite forex regulated account.

Therefore, when using eToro’s Cryptocurrencies Trading Service you are not eligible for any investor protection. Previously called CopyPortfolios, Smart Portfolios are a grouping of several assets, such as stocks, cryptocurrencies, ETFs, and even people, bundled together based on a predetermined theme or strategy. While there is no extra fee for this service, spreads and overnight fees may be applied according to each opened copied position. Finding the fee report is quite complicatedon first instance. Click on the ‘Portfolio’ tab, then go to ‘History’, and under the settings icon at the top right, you can access and download your account statement. This is a well-structured pdf file showing all your cash flows, including fees.


In 2013, the firm introduced the capability to invest in stocks and CFDs, alongside commodities and currencies, with an initial offering of 110 stock products . The same year, it was authorized to offer services in the UK, under the subsidiary eToro UK. In January 2014, the firm added cryptocurrencies to its investment instruments. Leaving your funds on eToro introduces additional counterparty risk. Despite that, eToro is a member of the Investor Compensation Fund for Customers of Cypriot Investment Firms, which compensates the clients of bankrupt forex brokers. Nonetheless, the maximum payout is 20,000 EUR per client, so if it goes bankrupt, you could lose at least some of your funds without a refund.

EToro was founded in Israel in 2007, with a mission to democratize investing. The cofounders, the Assia brothers, were determined to open the global markets for everyone to trade and invest in a simple and transparent way. By 2020, eToro’s customers in most countries were able to trade multiple assets, and in most territories the company offered zero commission stock trading. The vast majority of its users shared their investment strategy, and others in the community could review and even copy their portfolio with a single click.

limefx offers a wider range of stock and ETF CFDs than its closest competitors. The number of available cryptocurrencies to trade is excellent. All of the above seem to suggest that while eToro is great for stock traders, for long-term investors it might not be the best choice. We’re not sure how eToro would handle corporate events (e.g. a spin-off). EToro has a $5 withdrawal fee, which is high, compared to other CFD brokers.

This includes the profile of the company and some very basic indicators and ratios such as P/E, EPS, dividend yield and beta. No fundamental data is available for asset classes other than stocks. If you only trade the most popular stocks, like Microsoft or Apple, you probably won’t notice the lack of smaller stocks. EToro will, from time to time, make new stocks available for trading, usually in a batch.

EToro plans to adopt additional PagerDuty products, including Event Intelligence and Analytics to optimize the company’s real-time operations. Cryptoassets are a highly volatile unregulated investment product in the UK and many other countries. EToro supports many deposit methods, including credit and debit cards, wire transfers, PayPal, Skrill, Neteller, Webmoney, and UnionPay. After you open an account on eToro and make the first deposit, you can invest in various CFDs and cryptocurrencies with a simple few clicks.

Low Trading Fees – The platform allows you to trade with zero commissions and there is no specific trade charges or recurring fee that you’ve to pay to keep your account. Trade 25+ Cryptocurrencies – Using the desktop or mobile version of the platform, you can buy, sell, and hold a diverse variety of cryptocurrencies, including EOS, LTC, ETH, XRP, BTC, and more. With the exception of executive-level positions, the main method of hiring employees is done online. These job vacancies are often posted on their LinkedIn account and also via the eToro Careers page on their website and applicants can attach their portfolio or send their resume or CV.

It uses mobile-specific intuitive functions, such as push notifications or good touch interactions. For example, you can swipe left and right in your portfolio to access charts or open a new trade. The web trading platform has aclean design and great functions.

There was no need to use the kinds of security measures deployed at competing crypto platforms, such as cold wallets and multi-sig verification. EToro offers a professional cryptocurrency exchange, enabling users to execute a range of advanced trading strategies. However, the platform also receives some negative feedback from current and former users. The inability to withdraw funds and slow withdrawal times are among the top complaints.

As a temporary measure in February 2021 during a volatile market period, eToro raised its minimum deposit requirement, but it was reinstated to the previous level on March 8, 2021. EToro is not listed on any stock exchange, does not disclose its annual report on its website and does not have a bank parent. EToro serves UK clients through a unit regulated by the Financial Conduct Authority and Australians through an Australian Securities and Investment Commission -regulated entity. All other customers are served by a Cypriot unit that is regulated by the Cyprus Securities and Exchange Commission . We are happy to read that you are using our eToro’s award-winning CopyTrader technology. It is a game-changer in the industry, enabling anyone to trade like a top investor.