eToro
eToro Review
eToro is an international broker that started its operations in 2006. Previously known as RetailFX, the company now provides services in 140 countries, including the UK, Australia, the US, and Cyprus. The broker holds licenses from FCA, CySEC, and ASIC, allowing it to serve clients from various countries, including EU countries.
eToro specializes in social trading, offering users the ability to copy trades of experienced investors, trade stocks of companies like Apple, Google, Facebook, commodities, currency pairs, cryptocurrencies, stock indices, and other financial instruments.
eToro Trading Accounts
The broker offers various types of trading accounts to meet the needs of different traders. A demo account allows beginners to test the platform risk-free with a virtual capital of $100,000.
Minimum Deposit, Account Funding, and eToro Commissions
To start trading with real money, a minimum deposit of $200 is required. Account funding is possible through credit cards, bank transfers, and electronic payment systems. The broker charges commissions based on average market values for its services.
Withdrawal of Funds
The broker offers various withdrawal methods, but it’s important to note that funds can only be withdrawn through the same method used for depositing. Withdrawal times depend on the chosen method.
Copy Funds
eToro offers the Copy Funds feature, allowing traders to copy trades of successful investors. The broker also offers different qualification levels for traders based on their funds and activity.
eToro Education
eToro provides consultations and analytical support on its platform, but there are no official educational programs offered.
eToro Stocks and Bonuses
Information about broker bonuses and promotional offers is not disclosed on the website. Details may be available through consultants.
Customer Support
For assistance, clients can contact eToro representatives by phone or email.
Final Recommendations
Users are advised to carefully review the platform’s terms of use, familiarize themselves with the broker’s reputation and reviews from other traders before starting trading.