eToro
Rating: 4.5 / 5eToro established itself among the top 5 social trading brokers. With more than 17 million registered users, eToro provides one of the largest and most active trading communities. 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?
eToro established itself among the top 5 social trading brokers. With more than 17 million registered users, eToro provides one of the largest and most active trading communities. 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?
Broker Details
- Headquarters
- Israel
- Established
- 2007
- Min Deposit
- $50 - $10,000
- Execution
- Market Maker
- Regulators
- ASIC, CySEC, FCA, FSA
Trading Conditions
- Retail Loss Rate
- 74%
- Min Raw Spreads
- 0.8 pips
- Min Standard Spreads
- 1.3 pips
- Min Forex Commission
- $0.00
- Trading Hours
- Currency PairsSunday 21:05 - Friday 20:30CommoditiesSunday 22:00 - Friday 20:30Crude OilSunday 22:00 - Friday 20:30GoldSunday 22:00 - Friday 20:30MetalsSunday 22:00 - Friday 20:30Equity IndicesMonday 07:00 - Friday 20:00StocksMonday 07:00 - Friday 20:00ETFsMonday 15:30 - Friday 22:00
Accounts & Funding
- Funding Methods
- 10(bank wirescredit/debit cardsPayPalNetellerSkrillRapid TransferiDEALKlarna/SofortTrustly)
- Deposit Options
- Credit CardsDebit CardsNetellerSkrillWebmoneyOther
- Deposit Fees
- Yes
- Withdrawal Options
- Credit CardsDebit CardsNetellerSkrillWebmoneyOther
- Withdrawal Fee
- Yes
Trading Costs & Spreads
- GBP/USD
- 2.2 pips
- Gold
- $0.45
- Bitcoin
- $574
- WTI Crude
- $0.05
- Inactivity Fee
- $10 monthly after 12 monthd
Platform & Features
- Trading Platforms
- Proprietary platform
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
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