eToro Review

Review

 

This content does not apply to US users.

eToro established itself among the top 5 social trading and cryptocurrency brokers. With more than 17 million registered users, eToro provides one of the largest and most active trading communities. It also announced plans to become a publicly traded company via a merger with an SPAC. I reviewed this company to determine if the trading conditions offered are truly as beneficial as claimed. Is the eToro commission-free stock trading offer as good as it sounds?

Pros

  • Active investment community ideal for social trading

  • Dedicated tools for social trading

  • Broad cryptocurrency selection

  • Expanding educational offering for beginner traders

Cons

  • Internal withdrawal fees

  • Low retail leverage and higher minimum deposits, but within a reasonable range

Summary

eToro Markets Overview - A Leading Social and Cryptocurrency Broker

Headquarters

Israel

Regulation

FCA, CySEC, ASIC, FSA

Established

2007

Execution Type

Market Maker

Minimum Deposit

$50 - $10,000

Maximum Retail Leverage

1:30

Trading Platform(s)

Proprietary trading platform

One of the things I like most about eToro is that it started to work on an educational section for beginner traders. I also appreciate its active push into the cryptocurrency sector with the acquisitions of Dutch blockchain company Firmo and Belgian crypto portfolio tracker developer Delta in 2019.

eToro Main Features

Retail Loss Rate

68.00%

Regulation

Yes

Minimum Raw Spreads

Not applicable

Minimum Standard Spreads

1.0 pips

Minimum Commission for Forex

Commission-free

Commission for CFDs

0.09%

Commission Rebates

No

Minimum Deposit

$50 - $10,000 (dependent on location)

Demo Account

Yes

Managed Account

No

Islamic Account

Yes

Inactivity Fee

$10 monthly after 12 months of inactivity

Deposit Fee

No

Withdrawal Fee

$5 per withdrawal + Third-party

Funding Methods

9

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Regulation and Security

Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. eToro presents clients with four regulated entities.

Country of the Regulator

Name of the Regulator

Regulatory License Number

UK

 

Financial Conduct Authority

FCA Reference Number 583263

Cyprus

 

Cyprus Securities and Exchange Commission

License Number 109/10

Australia

Australian Securities & Investments Commission

AFSL Number 491139

Seychelles

 

Financial Services Authority

FSA License Number SD076

eToro segregates client deposits from corporate funds and offers negative balance protection. After becoming a publicly-traded company on the NASDAQ, it will comply with another layer of regulation and financial standards, strengthening its overall security environment.

eToro Regulators

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Fees

eToro shows Forex spreads as low as 0.8 pips or $8.00 per round lot, but the average is above 1.3 pips or $13.00.

Spread

Commission per Round Lot

Cost per 1.0 Standard Lot

0.8 pips (minimum)

$0.00

$8.00

1.3 pips (average)

$0.00

$13.00

Here is a screenshot of the eToro proprietary trading platform during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.

eToro Forex Spreads

The tightest spread for the EUR/USD that I uncovered in this review was 0.9 pips or $9.00 per 1.0 standard lot. While eToro advertised commission-free stock trading, I urge traders not to confuse it with CFD trading, where a 0.09% commission applies. Only unleveraged buy positions in shares remain commission-free. The absence of trading commissions at eToro results in higher spreads, and each trader must evaluate the cost structure based on their trading and investing requirements.

One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs.

eToro Swap Rates

Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the eToro account.

Taking a 1 standard lot buy/sell position, in the EUR/USD at the tightest spread and holding it for one night will cost the following:

Minimum Spread

Commission per Round Lot

Swap Long

Swap Short

Total Trading

Costs

0.9 pips

 

$0.00

$5.80

X

$14.80

0.9 pips

 

$0.00

X

$0.90

$9.90

Taking a 1 standard lot buy/sell position, in the EUR/USD at the tightest spread and holding it for seven nights will cost the following:

Minimum Spread

Commission per Round Lot

Swap Long

Swap Short

Total Trading

Costs

0.9 pips

 

$0.00

$40.60

X

$49.60

0.9 pips

 

$0.00

X

$6.30

$15.30

Cryptocurrency traders pay mark-ups between 0.75% and 4.9% plus a 0.5% crypto transfer fee with a minimum of $1 and a maximum of $50. A minimum currency conversion cost of 0.50% applies, and eToro levies a monthly inactivity fee of $10 after twelve months of inactivity.

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What Can I Trade

eToro offers Forex traders a below-average 49 currency pairs but shines with its 93 cryptocurrency pairs. Other assets include 31 commodity CFDs, 13 index CFDs, 2,000+ equity CFDs, and 258 ETFs. The overall asset selection at eToro is excellent, especially for cryptocurrency and equity CFD traders.

Asset List and Leverage Overview

Currency Pairs

49

Cryptocurrency Pairs

93

Commodities and Metals

31

Index CFDs

13

Equity CFDs

2,000+

Bonds

0

ETFs

258

Options, Futures, and Synthetics

0

Maximum Retail Leverage

1:30

Maximum Pro Leverage

Undisclosed

eToro Leverage

eToro offers retail traders maximum leverage on Forex of 1:30 through all its entities, as per regulations, except for Seychelles, which allows for higher leverage. However, it seems that eToro is only willing to open a Seychelles account for residents of certain restricted geographical areas.

eToro Trading Hours (GMT)

Asset Class

From

To

Cryptocurrencies

Sunday 00:00

Saturday 24:00

Forex

Sunday 21:05

Friday 20:30

Commodities

Sunday 22:00

Friday 20:30

European CFDs

Monday 07:00

Friday 15:30

US CFDs

Monday 13:30

Friday 20:00

Please note that equity and index CFDs do not trade continuously but open and close each day at the above specified times.

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Account Types

I like that eToro treats all retail traders to the same account type. The main difference is the regulatory environment, its restrictions, and its protections. I am curious about its newly acquired Seychelles license, from where eToro can provide more competitive trading conditions. Regrettably, little information is yet forthcoming about eToro’s Seychelles offering, but we hope to offer an update on this soon.

Professional traders may request an account upgrade if they qualify. eToro also provides an Islamic account where the minimum deposit is $1,000, while most traders can open it between $50 and $200. Depending on the geographic location, eToro offers its eToro Money Account, which comes with a debit card for swift financial transactions.

eToro Demo Account

eToro offers a $100,000 demo account, and I could not find a time limit. There is nothing inherently wrong with offering any nominal amount in a demo account, but I feel it would be more considerate to newer traders to use a lower figure as a starting balance.

eToro Demo Account

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Trading Platforms

The pride of eToro is its proprietary trading platform, with its clean user interface and social trading tools CopyTrader and CopyPortfolios. The web-based trading platform supports social trading well, and ProCharts allows manual traders to analyze markets. It does lack advanced features, and algorithmic and API trading are not available. I want to stress the difference between social and algorithmic trading, which are not interchangeable, where the absence of the MT4 trading platform is notable.

eToro offers third-party analytics from TipRanks, a valuable tool for equity traders. Beginner traders, particularly millennials and GenZ who desire social trading, have a platform catering to their needs. eToro focuses on social trading, but I do find a minor inconvenience in how clicking on an asset opens the feed section instead of the chart. Also, ProCharts requires a separate login and is unavailable from the trading platform, where traders have no analytics tools.

Overview of Trading Platforms

MT4

No

MT5

No

cTrader

No

Proprietary Platform

Yes

Automated Trading

No

Social Trading / Copy Trading

Yes

MT4/MT5 Add-Ons

No

Guaranteed Stop Loss

No

Negative Balance Protection

Yes

Unique Feature One

Social trading tools

Unique Feature Two

TipRanks

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Unique Features

The three unique features I found are CopyTrader, CopyPortfolios, and the missing MT4 trading platform. The first two offer social traders the tools they require and using them requires just a few clicks. Some of the thematic CopyPortfolios are from third-party financial firms, and others remain managed by eToro. Portfolios from traders in the popular investor program are equally available. As an algorithmic trader, I cannot ignore the absence of the MT4 trading platform.

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Research and Education

While eToro does not offer in-house research, it provides analytics from third-party TipRanks, which I find an excellent choice. There is so much quality research online that the absence of an in-house team is not a negative.

One of the developments I value most at eToro is its new eToro Academy. Until recently, eToro did not offer beginner traders any assistance, relying solely on its community. It now provides a well-structured platform consisting of videos, webinars, and guides. I rate eToro Academy as one of the best educational tools and recommend beginner traders take full advantage of it.

eToro Demo Account

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Customer Support

Customer service is available 24/5, but live chat is only available for existing users. Visitors with questions for eToro may open a support ticket via the website. An e-mail and phone number are available for clients for the eToro Australian subsidiary. The Help Center attempts to answer most questions. I think most clients may not require customer support, but eToro remains readily available for existing clients.

eToro Customer Support

eToro Customer Support

 

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Bonuses and Promotions

There is no deposit bonus or volume-based cash rebate program at eToro, but a Popular Investor Program exists. It rewards traders for having followers, assets under management, and minimum average monthly equity. Most traders will qualify for payouts between $400 and $800. Terms and conditions apply, and I urge all interested traders to read and understand them carefully before getting involved.

The five-tier eToro club offers additional benefits, including the absence of currency conversion fees and free withdrawals. The lowest tier requires an account balance of $5,000, while the most beneficial rewards are available above $25,000.

eToro Popular Investor Program

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Opening an Account

Opening an account at eToro only requires a username, valid e-mail, and password. Traders may use their Facebook or Google ID to register. Account verification remains a mandatory step, satisfied by ending a copy of an ID and one proof of residency document. I find the process very efficient and hassle-free, ranking it among the best industry wide.

Minimum Deposit

The minimum deposit at eToro ranges between $50 and $10,000, depending on the geographic location. Most follow-on deposits can be as low as $50.

Payment Methods

eToro offers bank wires, credit/debit cards, PayPal, Neteller, Skrill, Rapid Transfer, iDEAL, Klarna/Sofort, Trustly. Please note that not all options are available to all traders.

Accepted Countries

eToro accepts traders from the UK, Australia, Malaysia, the Philippines, and the Netherlands. It also caters to US traders from its US-based subsidiary, which presently only offers cryptocurrency trading.

eToro Account Opening Form

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Deposits and Withdrawals

I like the range of deposit and withdrawal methods at eToro but dislike the unnecessary internal $5 withdrawal cost. Traders will also pay third-party processor costs and potential currency conversion fees. The withdrawal process follows well-established industry practices.

eToro Internal Withdrawal Fee

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General Information

Company Information

  • Broker's Name : eToro
  • Headquarters : 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 : CFD
  • Account 2 : Professional
  • 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 : Proprietary platform
    • Platform Languages :
      • English
      • Swedish
      • Thai
      • Malay
      • Dutch
      • Portuguese
      • Russian
      • Chinese
      • German
      • French
      • Italian
      • Arabic
      • Spanish
      • Polish
    • OS Compatibility :
      • Mac
      • Windows
      • Linux
      • Mobile
      • Web
      • iPhone
      • iPad
  • 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
      • Norwegian
      • Finnish
      • Other
      • Polish
      • Swedish
      • Thai
      • Malay
      • Dutch
      • Portuguese
      • Russian
      • Chinese
      • German
      • Turkish
      • French
      • Italian
      • Arabic
      • Spanish
      • Danish
  • Support Hours : 24/5
  • E-mail Support :
  • SMS Support :
  • Chat :
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eToro vs Comparisons

Broker Alternatives

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eToro vs Markets.com

eToro vs Trade360

eToro vs Investous

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FAQs

Is eToro trustworthy?

eToro ranks among the most trusted brokers and will become a publicly traded company.

Can you make money with eToro?

While traders can make money on eToro, 68% of traders lose money. Despite the high percentage, it ranks among the best industry wide.

Is eToro really free?

eToro does not charge administration fees, but traders will pay a range of costs, which are a little on the high side but may be a worthwhile cost given the several benefits offered by eToro in other areas.

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Bottom Line

I like the trading experience at eToro for social trading, where it delivers a competitive toolset and an active community, ranking it among the leaders in this category. I think eToro is best for millennial and GenZ traders, who prefer using their mobile phones to copy other traders. The proprietary trading platform features a clean interface, and analyzing assets is simplified. eToro delivers an exceptionable educational platform I recommend for beginner traders.

eToro is a multi-asset platform which offers both investing in stocks and crypto assets, as well as trading CFDs.

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.

Past performance is not an indication of future results.

Crypto assets are volatile instruments which 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.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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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.

Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed.



39 User Reviews
Gary Hardy

I've been trying to withdraw money from eToro for 2 weeks. Always end up with “We are unable to submit your request. Please contact out customer support for help”. I’ve contacted customer support a dozen+ time. It’s always the same line, “a few more days to resolve”. eToro is looking more and more like a scam

Lisa "rockbabe" Svenson

I have just registred at eToro so I haven´t made any business at eToro yet. The only thing which i was a little suprised of and negative to was that the longest accepted password is ONLY 20 characters! A TWENTY characters long PASSWORD is NOT SAFE!!! // Lisa "rockbabe" Svenson Sweden

Paul

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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