Regulators
CySEC, FCA, ASIC, FSRA, MFSA
Min. deposit
$50
Spread from
1.0 pip (variable)
Max. leverage
Up to 1:30 (EU retail) / 1:400 (offshore)
Platforms
eToro WebTrader, eToro Mobile
Founded
2007 · Tel Aviv / Limassol / London
eToro review summary
eToro is the pioneer of social trading and arguably the most recognised retail brokerage brand in the EU and MENA. Founded in 2007 in Tel Aviv with European HQ in Limassol, it serves over 30 million users across 100+ countries and is licensed by CySEC, FCA, ASIC, MFSA, and FSRA (Abu Dhabi).
Its standout feature is the CopyTrader network — users can automatically mirror the trades of “Popular Investors” with one click. This is unmatched in the industry by sheer scale.
eToro is not the cheapest broker on FX or CFDs (spreads start at 1.0 pip on EUR/USD vs 0.0–0.3 on ECN competitors), but it offers something most ECN brokers don’t: a single regulated account that holds real US stocks, ETFs, crypto, and CFDs together. For investors who want to mix long-term holdings with short-term speculation, this is a huge convenience.
Account & fees
- Min deposit: $50 (first deposit), $10 thereafter
- Spreads (typical): EUR/USD 1.0 pip, GBP/USD 2.0 pips, gold 45 cents, BTC 1.0%
- Stock commissions: 0% on real US stocks
- Withdrawal fee: $5 flat per withdrawal
- Inactivity fee: $10/month after 12 months dormant
Regulation
- eToro (Europe) Ltd — CySEC 109/10 (EU clients)
- eToro UK Ltd — FCA 583263
- eToro AUS Capital Pty Ltd — ASIC 491139
- eToro USA LLC — FinCEN MSB (crypto only)
- eToro (Seychelles) Ltd — FSA SD076 (international)
Bottom line
eToro scores 4.4/5. Best for traders who value social-trading + multi-asset breadth over the tightest spreads. Active scalpers should look at Exness or Pepperstone instead.
eToro — Frequently Asked Questions
Is eToro regulated and safe?
eToro is regulated by CySEC, FCA, ASIC, FSRA, MFSA, holds client funds in segregated accounts and operates under active financial-services licenses. Verify each license number on the regulator's official website before depositing.
Is eToro legit or a scam?
eToro is a legitimate, regulated broker — not a scam. It operates under oversight from CySEC, FCA, ASIC, which require segregated client funds and regular audits. Always confirm the specific entity and license that will hold your account, and avoid clone sites using a similar name.
What is the minimum deposit at eToro?
The minimum deposit at eToro is $50. Standard accounts accept this minimum; premium or professional tiers may require more.
How do I withdraw money from eToro?
Withdrawals from eToro are returned to your original funding method — card, bank transfer, e-wallet or crypto, depending on how you deposited. E-wallets and crypto are usually fastest; bank transfers take longest. Processing times and limits are set by eToro, so check its funding page for current details.
What fees and commissions does eToro charge?
eToro's main cost is the spread, starting from 1.0 pip (variable). Raw/ECN accounts add a per-lot commission in exchange for a tighter spread. Also factor in overnight swap fees and any inactivity fee. Compare the all-in cost (spread + commission), not just the headline spread.
What are the typical spreads at eToro?
Spreads at eToro start from 1.0 pip (variable), varying by account type, instrument, time of day and market volatility. Raw/ECN accounts add a commission on top of the tighter spread.
What account types does eToro offer?
eToro typically offers a standard (commission-free, slightly wider spread) account and a raw/ECN (tight spread plus commission) account, with a swap-free Islamic option where available. The minimum to open is $50, and platforms include eToro WebTrader, eToro Mobile.
What trading platforms does eToro offer?
eToro supports: eToro WebTrader, eToro Mobile. MT4/MT5 are the industry standards; cTrader suits ECN execution; proprietary platforms add broker-specific tools but less third-party compatibility.
What is the maximum leverage at eToro?
Maximum leverage at eToro is Up to 1:30 (EU retail) / 1:400 (offshore). EU/UK retail clients are capped at 1:30 on major FX by ESMA rules regardless of broker policy; professional and offshore-entity clients can access higher leverage subject to qualification.
Does eToro offer a demo account?
Yes — eToro offers a free demo account with virtual funds, so you can test the platform and practise a strategy on live prices before depositing real money.
Who is eToro best suited for?
Beginners and copy-traders; multi-asset traders who want stocks + crypto + FX in one regulated EU account.
