Review

eToro, founded in 2007 and domiciled in Limassol, Cyprus, is a leading social site on the global scene with over 6M traders..  It is regulated by CySEC, MiFID, FCA and has been the recipient of several awards. 

eToro Review

eToro is one of the leading social trading platforms. Social trading is a process that offers an opportunity for Forex traders who trade online to retrieve information assembled from other retail traders and use their combined experience and knowledge to trade in their own accounts.  Traders can connect with other traders, discuss trading strategies, and use the eToto patented CopyTrader™ technology to automatically copy their trading portfolio performance.

Accounts

eToro has just upped the minimum deposit required for its account to $200 in Arabic regions.  It remains $100 or up to 40% of their realized equity (Up to $50,000) in all other areas.  

Anyone depositing $20,000 or more becomes a Premium member and receives special benefits such as a personal account manager, direct access to the eToro trading room and faster withdrawals.

One of the most important factors that should always be considered when choosing a Forex broker are the costs of trading, which can be broken down into two categories: spreads and commissions, and overnight financing charges or payments frequently referred to as “swap rates”. The swap rates are unimportant for day traders, but spreads and commissions are always important. Swap rates are openly published on eToro’s website, which we find commendable. During the most active market hours, we found that eToro typically charges a floating spread of 3 pips on the benchmark EUR/USD currency pair. The typical USD/JPY spread is 2 pips and the typical spread for GBP/USD is 4 pips. Commissions are not charged, so what you see upfront in the quoted spreads is what you get. These spreads are a little on the high side in today’s market. Spreads can of course become considerably lower if you become a successful “Popular Investor”, with the most successful able to trade completely without spreads at all! That is a very competitive offer in today’s market.

The maximum leverage offered is 1:30

There is no additional cost to copying a trader. Spreads remain the same regardless of whether a trader is copying someone or is manually trading on his own.

I was pleased to see that a practice account is available but this option was only listed in the ‘Ask a Question’ section which is a shame as newbie traders may miss this opportunity if they don’t read all the information in FAQ.

As a demo account user, traders have access to the eToro’s social trading platform. However, trading activity and profiles are only displayed for real traders.

eToro Review

eToro  Platform view

Features

Social networking has grown exponentially in the investment arena. eToro pioneered the ‘social’ trading arena years ago and has recently introduced its New eToro trading platform.  eToro encourages clients to connect with one another to trade, invest, learn and share knowledge across the network and the top ranking traders are listed on the landing page along with the number of copiers, their win ratio and gain percentage. Their CopyTrader program provides traders with the opportunity to crowd work by copying the best traders on the eToro trading network, quickly and simply. With the Copy Trading portfolio, copied trades go directly to the trader’s account automatically and this allows traders to manage their copied trades in a simple and transparent way.

The Personal Investment Program clients can build and monetize their investment portfolio with accumulated trades, earning an attractive monthly income as well as their profits. 

Traders at eToro, can benefit from Personal Portfolios, Watchlists, News Feed (similar to Facebook Wall), trading history, stats, risk levels and can use one click trading from all screens.

They can also select to search by entering specific profile features such as location, per cent of returns or duration of trade.

The choice of investment at etoro is vast and includes a diversity of stocks on the financial markets, precious metals like gold and commodities such as crude oil. The top performing investors set the example, and traders can copy their methods. In addition to its long list of trading products, eToro now offers US, Spanish and Italian stocks, as well as ETFs and Russian and Chinese ADRs.

eToro introduced the bitcoin to its list of trading choices in January, 2014. However, as opposed to most other bitcoin brokers, eToro’s lists the bitcoin as a stock on its platform rather than as a currency. The platform trades the bitcoin on a CFD basis, which means users buy and sell financial derivatives that track the BTC price without actually owning the underlying asset.

eToro has recently introduced a new platform by taking their old WebTrader and OpenBook platforms and redesigning them to fit all devices. It isa  responsive HTML5 Web application that is fully optimized and runs on any mobile device.

The full features of their mobile app are available on their website and the website can be accessed via mobile devices.  However, they haven't been updated to offer all Copytrader features yet, so for now it is advisable to use the website on mobile rather than the app.

Deposits/ Withdrawals

Deposits can be made to an eToro account via bank transfer, credit cards, PayPal, Skrill, Neteller, WebMoney and MoneyBookers.

Withdrawals are made by entering the ‘cashiers’ section, clicking on withdrawal and filling out the electronic withdrawal form. 

Promotions

Due to regulatory restrictions, eToro does not offer typical deposit bonuses.  However, traders can enjoy additional promotions by registering to be a Popular Investor, where they can enjoy a a 2% management fee.  If you’re a regular trader, this is definitely a program that we recommend looking into.  

Education

The eToro education center offers several tools for enhancing successful trading including webinars, training courses and a host of videos. They offer a choice of trading guides starting with the basics of trading and how to deposit and withdraw money from an already existing account.

Traders can join a live webinar and learn their way around the eToro platform with the help of eToro’s online trading experts. Traders can hear top trading tips from financial experts in the field.

eToro’s exclusive financial trading eCourses help traders master financial trading at their own pace. These interactive eCourses are geared to both new and experienced traders.

The news screen on the WebTrader platform shows what's happening in the world of Forex at the moment. The news items are updated live by the eToro team of market analysts.

eToro also offers a blog in a variety of different languages. 

Customer Support

Traders can contact an eToro representative at customer support by phone or live chat 24/5. Telephone support is toll free to local numbers in the UK, Cyprus and New Zealand and questions can be sent via email for a quick response. 

etoro has offices spread across the globe, so they are suited to deal with a customer base that speaks a multitude of different languages.

Conclusion

eToro is certainly one of the best choices for anyone looking for more interaction with other currency traders and who are interested in studying how other people invest.  The OpenBook platform provides a good testing ground for beginners and the choice accounts in different locations is welcoming.  Experienced traders who look for tiny spreads may not like the two pip minimum at eToro.

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Features

There is no doubt that the main focus at eToro is its social trading and the features offered to facilitate this opportunity set eToro above most other Forex and CFD brokers. In addition to the listing of the top traders that appears on the front page of the site, traders at eToro can practically customize their search of traders to copy using their CopyTrader Program and by entering specific profile information. This is quite unique in the industry and helps traders feel more confident in their choice of which traders to follow. 

In terms of features, the stand-out strengths of this broker’s offerings are:

  • An excellent proprietary platform customized to effectively maximize the broker’s key offering: copy trading and social trading on a wide range of instruments.
  • An unusually wide range of instruments available for trading: all the major and minor Forex currency pairs, as well as several exotics; also, a selection of individual stocks, plus many commodities and global equity indices.
  • Regulated by several major industry centers (notably the FCA in the U.K. CySEC in Cyprus and ASIC ).
  • Patented CopyTrader™ Technology allowing for the easy and accurate copying of trading portfolios.
  • Effortless participation in the Popular Investor program can bring successful traders a real, paid, withdrawable commission capped at a maximum of 2% of assets under management and a 100% spread rebate credited to their trading account.

Choose from thousands of traders to copy, with full analytics including visible for them all.

Company Information

  • Broker's Name : eToro
  • Headquarter : Cyprus
  • Regulation : CySEC, FCA, ASIC

Account Information

  • Type of Broker : Market Maker
  • U.S. Clients Allowed :
  • Minimum Deposit : $200
  • Maximum Leverage : 1:30
  • Commissions / Spreads : Spreads
  • Account 1 : Standard
  • Account 2 : Premium
  • Demo Account :
  • Islamic Account :
  • Segregated Account :
  • Managed Accounts :
  • Institutional Accounts :
  • Deposit Options :
  • Withdrawal Options :

Instruments Traded

  • ETFs :
  • CFDs :
  • Commodities :
  • Metals :
  • Stocks :
  • Oil :
  • Gold :
  • Binary Options :
  • Indices :

Trading Platforms

  • Type of Platform : Web-based, Other
    • Platform Languages :
      • English
    • OS Compatibility :
      • Web
  • Trading Signals :
  • Trading Signals :
  • Charting Package :
  • Market Analysis :
  • Chart Trading :
  • Automated Trading :
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • E-mail Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Limit Orders :
  • Guaranteed Execution :
  • One-click Execution :
  • OCO Orders :
  • Interest on Margin :
  • Web-based Trading :
  • Mobile Trading :

Customer Support

    • Website Languages :
      • English
  • Support Hours : 24/5
  • E-mail Support :
  • SMS Support :
  • Chat :

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Platforms

CopyTrader

eToro pride ourselves on aiming to keep simplicity in mind. To this end, they have developed flexible trading platforms which provide fast and easy access to many financial markets. eToro provide a combination of easy to use trading platforms – both from home and on the road - and the largest social trading network of any broker in the world, appealing to every level of trading experience.

eToro CopyTrader Platform
eToro CopyTrader Platform

CopyTrader

The main platform is the CopyTrader. Regardless of how much experience a trader has in the financial arena, it is quick and easy for all traders to get started with the CopyTrader functionality. With CopyTrader, you can see who is trading which currencies, commodities, indices and stocks and immediately copy their trades.

The CopyTrader program offers traders with the opportunity to crowd work by copying the best traders on the eToro trading network, quickly and simply. With the Copy Trading portfolio, copied trades go directly to the trader’s account automatically and this allows traders to manage their copied trades in a simple and transparent way.

One of the major attractions of eToro – to most of its users, probably the major attraction – is its Popular Investor program. Simply put, to become a Popular Investor, you just let other eToro clients see your trades, copying them if they want, and once you get a certain minimum number of copiers you begin to get paid, both in real cash and in partial. To qualify as a Popular Investor, you must deposit a minimum of $1,000 and maintain at least one copier for a 2-month period, as well as a minimum average equity of $500. 

Proprietary

The old WebTrader and OpenBook apps have been combined into a single, responsive HTML5 Web application that is fully optimized and runs on any device.

Mobile

The full features of their mobile apps are available on their website and the website can be accessed via mobile devices.  However, they haven't been updated to offer all Copytrader features yet.

The iOS and Android "eToro Social Trading" Apps, which support both Trading and Copy.

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CopyPortfolios

In November 2016, eToro made a new, innovative financial product available to its traders: CopyPortfolios™. eToro is one of the first and most established providers of copy trading services, but CopyPortfolios™ takes copy trading to a new dimension. Instead of being required to comb through thousands of possibilities to select traders and investment strategies to copy, traders can use CopyPortfolios™ to simplify and expedite the process by choosing from a selection of pre-packaged Copy portfolios that wrap together a selection top traders or investment strategies/positions in choice markets. There are two types of CopyPortfolios™: Top Trader CopyPortfolios and Market CopyPortfolios.

Top Trader CopyPortfolios

These Copy portfolios are selected according to eToro’s own criteria, and work to give an equal investment weighting to a selection of top-performing and active eToro traders. The Copy portfolios are managed and rebalanced by a machine-learning engine and operate under the supervision of eToro’s investment committee. There are current two Copy portfolios within this category:

  1. GainsQTR (Quarterly Gainers): the Copy portfolio selects up to 50 traders whom eToro’s algorithm identifies as most likely to generate a positive trading performance over the forthcoming quarter year. Investment is equally weighted between the selected traders in copying their trades. The selected participating traders are periodically reviewed and when any are found to have performed at too wide a deviation from their anticipated positive performance, they are removed from the Copy portfolio during a rebalancing event. Of course, new traders may be selected and added at these rebalancing events.
  2. ActiveTraders (Top Active Traders): the Copy portfolio selects a large number of traders whom eToro’s algorithm identifies as having proven positive track records and also being most likely to achieve the best possible reward to risk ratio over the following quarter. In this Copy portfolio, a tight “stop loss” is enforced on selected traders, who are removed immediately from being copied by the Copy portfolio, without waiting for the next scheduled rebalancing event. The capital allocated to such deselected traders is carried over as cash within the Copy portfolio’s balance until the next rebalancing event.

In July 2017 eToro launched the Crypto CopyCopy portfolio to allow eToro traders to exposure to today’s most popular digital currencies including Bitcoin, Ethereum, DASH, LiteCoin, Ripple and Ethereum Classic.  This offering, launched in July 2017, is analyzed regularly and rebalanced monthly to offer traders a diversified portfolio weighted according to market cap.  As with all CopyPortfolios, a minimum $5000 is required.

eToro cTopTrader CopyPortfolios
eToro Promotions

Top Trader MarketCopy portfolios

This offering is markedly different than the Top Trader option: MarketCopy portfolios are based upon taking a directional position in one market sector. Just as banks, pensions and mutual Copy portfolios offer themed investment products in market sectors, so eToro now offer the same. At the time of this review we are not aware of any similar investment opportunities offered by other Forex brokers.

eToro currently offers two MarketCopy portfolios:

  1.   TheBigBanks: offers a diversified “long” (buy) investment in a diversified selection of shares in financial sector enterprises, such as banks, and other financial service providers. The Copy portfolio’s share allocation is periodically rebalanced by eToro’s investment committee.
  2. BigTech: offers a “long” (buy) investment in shares of technology sector companies. The investment is diversified among sub-sectors including but not limited to telecommunications, entertainment, e-commerce, and software solutions.The CopyPortfolios™ service continues to expand so expect that the choices available from eToro will continue to widen.​​​TopTrader MarketCopy portfolios

eToro Promotions

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Crypto

eToro Crypto Trading

Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk.

As a top-rated social trading platform, eToro’s crypto trading offerings stand out from the pack and provide traders with unique opportunities for profits, even without deep knowledge of the cryptocurrency world. eToro offers trading of bitcoin, Ripple, Ethereum, Litecoin, Dash and bitcoin cash. 

In July 2017, the brokerage launched the Crypto CopyCopy portfolio which enables new crypto traders to diversify their crypto exposure under the broker’s algorithmic management.  The benefits to this system are obvious: traders with little or no experience trading digital currencies can take advantage of professional Copy portfolio management, and a diversified crypto portfolio will mitigate risk.  The downside, however, is that a minimum of $5000 is required to enter the eToro Crypto CopyCopy portfolio, making it an expensive investment for traders just looking to dabble in the cryptocurrency markets.

Traders looking to deposit less than $5000 can trade cryptocurrencies directly through the broker’s trading platform and can also follow other crypto traders if they desire.  The eToro CopyTrader platform is extremely easy to use and is suitable for both experienced traders and those new to online trading.  Most trading features are available on both mobile and web versions of the platform making it possible to trade from anywhere.

Another way that eToro helps traders get a leg up on cryptocurrency trading is to provide a daily tracker of cryptocurrencies.  Unlike most brokers that focus most on Forex or general news, eToro places a definite emphasis on these popular assets, providing helpful information and unique analysis designed to help traders place more informed, profitable trades. 

eToro crypto trading is an excellent option for traders looking to trade the latest digital currencies with a highly-regulated global brokerage.  

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User Reviews

Did you have a good experience with this broker? A bad one? Tell our team and traders worldwide about your experience in our User Reviews tab. Your email address will not be posted.

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36 User Reviews
RooRoo
RooRoo

I am interested in speaking with anyone hat has made money following other traders. Not someone that has actually made money trading themselves, but has actually made money consistently by following and copying other traders.

Is there someone out there, because I would love for you to come forward if so.

ChrisHartley
ChrisHartley

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.

Ahmed Malmah
Ahmed Malmah

I think this etoro review makes everything seem so straight forward and rosy. It's never so good. There are always things that can go wrong with trading and the etoro review is just too good to be true.

David
David

I just reread the etoro review and was quite impressed with all the features. I've been trading forex for a long time and found the etoro review very informative. Thanks, guys.

Amelio
Amelio

Listen you guys, no broker is perfect and etoro forex is one of the better companies out there. Trust me, I've tried 5.

marcus
marcus

I tried using the etoro webtrader and it really didn't help me very much. In fact, it was really confusing and I wouldn't use it again.

TanyaOlshin
TanyaOlshin

I love reading all these comments. Some people just like to hear themselves talk. People like to criticize all the time and say bad things. If you have bad things to say about something, just don't say it.

Danny Grannet
Danny Grannet

Yah, but it really does cover we need to know about etoro forex. What do you expect from a review--it always seems to make things sound great but etoro forex really is pretty good.

Bobby Carny
Bobby Carny

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.

Taylor Barnes
Taylor Barnes

I don't think etoro is any better than other brokers. There's really nothing great about it. It's ok and sometimes it works but not always.

Jose
Jose

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.

Caroline Jones
Caroline Jones

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.

ElizabetJamison
ElizabetJamison

Etoro’s openbook is the best trading platform I have ever used. It has got to be the greatest social trading platforms ever created. Through etoro’s openbook I can see what other traders are doing and copy them. I just hope they know what they are doing.

ErnestoDominguez
ErnestoDominguez

No you can't. You can't turn off etoro openbook. It has to stay open to everyone. I'm sure of that.

SafiyeAkyol
SafiyeAkyol

You're so stupid. If you don't want everyone to see you trading on etoro's openbook, you can shut off your screen. I know this is possible.

ErnestoDominguez
ErnestoDominguez

I’m not so happy with the etoro openbook platform. Why do I want to know what other traders are doing? And I don’t want them knowing what I am trading. Maybe I am doing the wrong moves and then they will see and copy me. I like etoro or trading, though. It’s not a bad company

rishav
rishav

Yes, Etoro sucks !!
There are lots of issues with it !!
There webtrader is too slow and un resonsive :@@
Even when you want executed your trade .It will not execute fast as you will want

FatimaDroushiotis
FatimaDroushiotis

Come on stop spams!!!We all know that eToro is the Best but of course if we do not trade properly then we lose and we have to blame some one!
come on be honest people!No company give the support eToro gives!if you cannot withdraw money then simply send your documents because eToro does not accept scammers!
if you lost money then shut up!
ifyour account manager did not help yoo then ask to change it but the new one will notTrade for you it is your skills that will help you!
If you do not have skills then copy the besty traders because 15 000 people Copying Nmarijus or waleed0987 or Moksel cannot be Wrong!
Just do not sit there and play it clever because eToro Rocks!

IngridA
IngridA

Maya, I've never heard of anyone getting charged for a demo account. You shouldn't have to give in your information to open one, so how/why would they charge you?!

Maya.Gotis
Maya.Gotis

Will I be charged already if I use the demo account?

amartinez
amartinez

You guys are all full of crap...I've been trading with eToro for 3 years, never had a single problem - you're probably just pissed because you lost or because you can't figure out how to use a Forex brokerage. I read a ton of eToro reviews before signing up, and found most of them to be accurate - and most people do have positive experiences with eToro. Just get your account manager to help, and practice before you invest, and you'll be much better off.

torabi
torabi

SCAM SCAM SCAM!
Last week and this week was a bad week for traders and just like most traders i made wrong trades and i took risk with 50% of my account. but i was ready to deposit more money if the market goes against me. so euro and australian dollar drop 400-500 pips, so my account was left with 10% of my balance, so i try to deposit more money, but when i try to pay with my visa card, i get message that talk to support.
i get support and they say i have to send my passport copy and utility bill and they review it and then i can deposit money, but the first time i deposit money without any documents, they only ask for registering online and pay with visa, no document nothing.
so i asked the support person first time i had no problem depositing money and now that my account is wiping out , etoro is asking for document and by the time etoro review my document and allow me to deposit money my $2000 account will be zero. they say this is company policy.
so when they get a chance to destroy you they will, i will never trade with them again and i thought i should share this with fellow traders.

mehut46
mehut46

very bad broker, and scam artists, not let me withdraw my money.... they say problems with my paper work and this broker never ask for paper in the start....no other broker do this....everyone ask for paper in the start....but this broker dont want to pay anyone and believe that no one can withdraw money.....so they ask for documents when you ask for withdraw.....and i want my money and i send them document....they say i can not get my money back ....and no problem with my paper....4750 Euros. if you have 200 Euros and up look some where else.

Charm
Charm

Their stoploss is fixed. This is the worse this that a trader can experience. You would loose everything when you wake up on the following morning.

Jakob
Jakob

The platform is nice and easy to use, and the advanced chart option is good as well. But there are also a few problems with etoro which made me look for a better and more reliable broker: 1. their system can lag quite badly when there is heavy movement in the markets. Have tried several times to execute a trade, and then it moves 10 pips before it is actually traded, which can ruin the potential profit from the trade. Sometimes I have also had problems closing a trade, and had to wait for several minutes for the system to work. 2. their support is really bad! When you complain about the lags, they tell you that the are not the market makers, as if I am stupid or something, and at best, they apologize but there is nothing they can do. 3. sometimes their charts and data stop updating, without telling you so. Then when it updates again, it can move significantly one way or another. 4. you cannot have advanced graphs and trades in the same window. 5. I also often get kicked out of the system without being able to log right in again. At first I thought all the connectivity issues could be my internet connection, but I´m using a 20Mbps dedicated line, and all other pages I have tried while etoro.com is lagging, works just fine.

michel
michel

I have used etoro for a short time with their practice account and I had the worst online customer service session possible with some Natalie character who acted like questioning some of their methods made me stupid. I just tried to ask a few simple questions such as having more than 1 practice account to try different trading methods, can I reset my practice account, can I close my account ... and the answer was NO to everything and the tone of the answers was very arrogant. I tried to get another person on live support and kept getting the same Natalie who right away made some smart-ass remark when I said I wanted to talk to someone with someone else ... just terrible!

Darren
Darren

I have used etoro for about 7 months now, made some early losses but now made trading history is 98.6% in profit, so its not bad, i do have some glitches to report that people might not quite understand as I don't always explain them well, but they are a little annoying at times. 1. their servers can be slow to respond, in a fast market when things are moving quickly you want to open or close quickly, it seems the busier the movement in currency pairs the slower their servers respond and you can miss optimum open and closes 2. they take FIVE, yep 5 pips on a gpb/usd trade, most are 3, I have asked them for an improvement in this, I am a VIP member with them and 5 pips is taking the michael! 3. you have to open trades in defined brackets, i.e. you can open a trade with $100, $200, $400, $5k, $10k etc, trouble is, if i have say $8,970 I have to settle for a $5 trade rather than one of my chosing... this is real annoying, the other money just has to sit there not earning its keep 4. its the same with take profit and stop loss, its pre-defined, you can alter it once the trade is open, but, i use a lot of automated trades and when setting up an automated trade you dont have much control over this, which is just crazy, so for instance i place an x10 order of 10k at 1.6000, in the night it hits this 1.6000 and opens, now i quite often like small short trades and happy with take profit of $200, but, with the platform you can only take profit of 25% of your open position, which on an x10 10k trade is never likely to happen, if i could set the take profit to what i want chances are the trade opens and closes in the night and i wake up to money, this i love ;-) so, there weekend hold over fees are quite expensive as well, not sure if there are any that do it for free, unlikely but I am looking. They also offer a mobile platform now that i have wokring on my android phone, its good, not quite as good as desktop app but not bad, it does force close quite a bit. they aint bad, but, they have silly userability issues that annoy me, i am trying to work with them on these :-)

Pra
Pra

The etoro is pathetic in terms accepting error at their end. Their reason is always - Its technical issue and we can't help. Like I lost my all amount put on one trade because it was closed as stop loss was wrongly executed by etoro. On providing screenshot that the stop loss rate never reached their reply - "We can't be always accurate in Stop loss. Its technical issue and can't help". There are other issue with copy trade feature. If trader close in loss position, your trade will not always close and may subsequently lead to loss if untracked because you thought its copy of other trader. I think, all features are sort of gimmicks and etoro is pathetic broker for retail users.

lisahenry
lisahenry

Nice post! eToro offers different payment options including PayPal , Neteller, which is very convenient to deposit into his/her account and make fast withdrawals.

lv
lv

etoro, is a newbe trader. the STOPLOSS IS FIXED. THAT is for all people lose all your money... look, study and you will understand all i telling you. use etoro demo account, for learning uses, but dont open a real account. u will lose, study what mean the stoploss and what mean the stoploss is so close to your trade......

Dr Shaun Hutchinson
Dr Shaun Hutchinson

I have started using eToro now for about 3 weeks. I have never traded before and never used any other brokers. All I can say based on my experience with eToro and from what I have read online, is that I am glad that I am using eToro. I can see why World Finance Magazine voted them most innovative trading platform in 2010. I have only one issue with their platform, and that is their charting functions. So I use Metatrader 4 instead. Besides I think using independent charting helps to keep tabs on eToro and act as a control so to speak. Otherwise I do think eToro is doing a brilliant job, and I have no complaints.

pitbull3
pitbull3

I don't know what you're talking about, I've been trading with eToro for a long time now and it's excellent, the software, the execution, the service everything. sounds like someone can't handle a few losses.

tom
tom

I lost few goods positions (crashing when changing stop loss or freezing (too) long seconds to validate an action ...) Theirs servers are slow, we know it, they know it. But the application should manage that. I mean a server not responding is one thing, but an application that crashed because server is not responding is another thing. Even more for forex trading. But this interface is a nice effort ! And i'm sure that developers are working on that timeout prob, at less it's what i would work on.

Vinith
Vinith

After discussing the issue with my account manager at eToro, I came to the conclusion that it was all a misunderstanding. eToro's support checked what I sent them and showed me that a part of it was due to technical problems on their side and a part was because of my side. eToro took responisibility for the technical problems on their side and compensated me for the amount that was lost because of the technical issues. I thank my account manager for his help on this one and I have to say my impression of eToro improved because of this story. I saw that their support department is helpful and together we solved the issue, however, not as quick as I expected. I would say after all this, eToro was willing to help, for which I will continue trading with them. PS: Jack Daniels, I get the impression you are from eToro. Anyway, either if you are or if you aren't, please dont take a whack at anyone and reply like that. If you have any honest review about eToro, do that without calling others names. DONT EVER talk to somebody like that. All are humans, and everyone has freedom of speech without hurting an individual.

Jack Daniels
Jack Daniels

that's bulls##it man, you probably lost some money on trades and now you're trying to blame them. if the progrma is stuck, what good will it do you to stay glued to the screen? that won't help! you probably went against the direction and lost everything, take responsibility for your trades and don't try and blame the platform...

Michel
Michel

Etoro is one of the best broker i have never known.

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Review info: eToro
Review Date:
Rating : 4.5
Reviewed By :