eToro Review 2025 From Someone Whos Cashed a Paycheck There and Cashed Out Trades

Traders should be aware of these fees because they can significantly affect profitability. EToro also charges an inactivity fee of 10 USD per month after three months of inactivity, and as mentioned above, charges high currency conversion fees. However, it charges currency conversion fees for deposits in currencies other than USD. It is important to note that traders must withdraw up to 100% of the deposit to a credit or debit card. A well-regulated broker, eToro ensures that all Anti-Money Laundering rules and regulations are followed, and as such, all non-profit withdrawals are returned to the deposit source.

Client Support

In 2010, eToro launched its flagship social trading feature that allows users to copy the etoro forex broker review trades of successful traders on the platform. It stands out in the online trading and investing space with over 7,300 assets, a user-friendly platform, a vast social trading network, and strong research and educational content. EToro offers a demo account that introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. 77% of retail investor accounts lose money when trading CFDs with this provider. EToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

How Do You Withdraw Money from eToro?

Deposits and withdrawals are generally free of charge, except for withdrawals from USD accounts, which are liable for a $5 handling fee. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. EToro offers world-class 24/7 live chat support in multiple languages, with a fast and reliable AI-powered assistant that handles most queries smoothly. EToro impressed me with its broad range of tradable assets, from low-risk options like ETFs to higher-risk choices like share CFDs and cryptocurrencies. It features advanced market analytics and fluid charts, though the latter are not equipped with any analytical tools.

These include currency conversion fees for deposits and withdrawals in currencies other than USD and a charge of 5 USD for each withdrawal. However, these features are often more popular among beginners who haven’t yet developed advanced trading strategies. Chris Cammack is the Partner Manager and a financial writer at FxScouts. Select a different country or region to view content tailored to your location.

Trading Cost

ProChart users can filter their data by time interval or price. Only the biggest movers of the day and trending assets are highlighted on the platform. EToro offers a simple stock screening tool that allows you to filter stocks by a range of criteria. EToro makes money by taking the difference between bid and ask prices. Charting capability is included with all asset types, but no backtesting capabilities are included on the platform.

Customer Support

Investors who value simplicity over rock-bottom fees. Beginners who want a low-friction entry to markets. They’re useful for hedging or short-term plays, but if you’re looking to build wealth, it’s not where the smart retail money stays. Following the wrong “pro” is just an expensive way to watch someone else lose money. Copy Trading is the hook — you can set your account to mirror someone else’s trades and watch your portfolio move without lifting a finger.

Is eToro a Trusted Forex Broker?

• Its public listing and financial results enhance its institutional credibility.
• Operating as an online business, this site may be compensated through third party advertisers.
• Its unique bespoke web trader platform also offers full support for eToro’s CopyTrader, and CopyPortfolios, two unique social trading tools.
• Alison Heyerdahl is the Head of Content at FxScouts and a financial writer with extensive experience in Forex trading, broker analysis, and market research.

EToro was founded in 2007 as a forex trading platform in Tel Aviv by brothers Ronen Assia and Yoni Assia and co-founder David Ring. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. Overall, I found eToro to be an excellent choice for traders of all experience levels—particularly those interested in copy and social trading. EToro has developed a unique economic calendar that informs traders of upcoming releases, financial news, and stock market events (dividend dates, report releases, etc.). It supports social, copy, and hedging strategies, but not automated trading.

Mobile Trade Experience

I found this content equally suitable for first-time traders, intermediate traders, and even seasoned professionals looking to brush off some forgotten skills or knowledge. The broker has published hundreds of courses, lessons, and articles that provide the reader with a comprehensive understanding of the basics of trading and investing. EToro provides layered and probing educational content delving deep into technical analysis, fundamental analysis, and trading psychology. My only gripe with it is that it does not include any actionable trading signals or third-party content for extra perspective. The calendar is available from the client portal, where traders can also read up on the latest gainers and losers in the ‘Discover’ section of the platform. The broker’s research content is available in well-written and easy-to-digest articles and short videos.

The CopyTrader product and social trading element remain the focus of eToro’s trading experience. Beyond that, screening tools and other more robust trading functionalities are largely absent. EToro only offers a narrow range of order types on its platform. Experienced traders looking to execute orders without the social feel may find eToro to be a bit of an adjustment, but overall, the mobile app is very intuitive.

The company’s U.S.-based securities business, under the entity eToro USA Securities Inc., is a broker-dealer registered with the SEC and FINRA. However, the list of tradable assets across all supported asset classes is not as long as at some eToro’s competitors. EToro generally has a transparent platform in terms of pricing but is lacking when it comes to execution statistics. A digital wallet, known as the eToro Wallet, is provided by eToro to store cryptocurrency.

EToro operates under one of the most extensive regulatory frameworks in the industry, holding licences from several top-tier financial authorities across multiple continents. The eToro platform is available across many global jurisdictions and continues to expand its offering. With its recent IPO and expanding financials, we took a fresh look to see if its trust metrics justified a higher rating than we had previously given in 2024. View the eToro profile for company background, regulation, trading conditions and contact links. Enhancing your knowledge and understanding can help you make better-informed trading decisions and invest with greater confidence. We are not a broker, don’t take deposits, and don’t offer investment services.

And yes — inactivity fees exist if you ghost your account for a year. For me, it’s never been about building a CFD-heavy portfolio — and for most retail traders I know, that’s not where the real money is made. Retail investors get drawn in with commission-free stocks and social trading, but CFD spreads and overnight financing charges are where the margins live. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. We combined our industry research, subject matter expertise, and investor survey data to guide the research and weightings for our 2024 online broker awards.

• EToro has developed a unique economic calendar that informs traders of upcoming releases, financial news, and stock market events (dividend dates, report releases, etc.).
• EToro offers customer support primarily through live chat and ticket-based messaging, available in most regions 24 hours a day, from Monday to Friday.
• To aid traders who commonly trade the same pairs, eToro’s platform gives traders a customisable dashboard overview of different currency pairs.
• To conclude, eToro presents a balanced proposition for traders seeking a regulated, multi-asset platform that supports social and copy trading.
• Although eToro offers a unique social trading platform to help beginner traders get started, its educational materials are limited compared to other similar-sized market makers.

EToro shines in the tradable instruments category with its 7,300+ CFDs across currency pairs, commodities, shares, indices, cryptocurrencies, and ETFs. Still, the app is a great tool in a trader’s arsenal, especially when it comes to trading on the go. However, it does not feature any technical indicators or drawing tools. The Delta app can also be used to place market, limit, and stop orders and adjust the exposure of open trades.

eToro’s Customer Support

Verified accounts have a green tick next to the username on the user’s profile. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience. It is important for individuals to conduct their own research and consider seeking advice from an independent financial advisor before making any trading or investment decisions. Unless explicitly stated on a specific page, FXTrustScore.com does not receive compensation, sponsorship or commission from the brokers featured in our reviews. In our new evaluation, eToro earns an FX Trust Score Index of 74%, a significant upgrade, reflecting stronger financial standing, regulatory breadth and platform innovation. While eToro’s large online help centre, community forums and chatbot contribute helpful self-service options, this absence of voice support remains a gap.

Deposit & Withdrawal

Explore the best Forex brokers for beginners, with user-friendly platforms, educational resources, and demo accounts. Overall, eToro offers one of the best social trading experiences in the world, but its offering would be enhanced by support for third-party platforms such as MT4. EToro created the first social trading system and is the largest social online trading broker in the market.

If you’re a casual trader or investor looking for social features and ease of use, eToro could be a solid choice. Spreads and overnight fees during testing were above the industry average. Traders also get access to strong research content and a solid educational library.