eToro

Details

Broker eToro
Website URL www.etoro.com
Founded 2006
Headquarters Limassol, Cyprus
Support Types 24h Live Chat , Email
Languages EN , ES , ITA , DE , PL , CN , FR , AE , RU , NL , NO
Trading Platform OpenBook
Minimum 1st Deposit US $50
Minimum Account Size < £1 | $1 | €1
Minimum Trade Amount 1,000 Units (USD)
Maximum Trade Amount 5,000 to 20,000 USD per transaction dependent on region
Bonus $100,000 Demo Account
Payout Dependent on amount | maximum of fee of $ 25 payable
Leverage 1:2, 1:5, 1:10, 1:25, 1:50, 1:100, 1:200, 1:400
Spread From 2 pips
Free Demo Account Open Demo
Regulated Yes
Regulation FCA , CySEC
Account Types Demo or Live (Islamic trading account and standard trading account)
Deposit Methods Bank Wire transfer , Credit / Debit card (Visa, Mastercard, Diner's Club) , PayPal , Neteller , Skrill , Giropay , Chine Union Pay , Yandex , WebMoney , Wire Card
Withdrawal Methods Bank Wire transfer , Credit / Debit card (Visa, Mastercard, Diner's Club) , PayPal , Neteller , Skrill , Giropay , Chine Union Pay , Yandex , WebMoney , Wire Card
Trading Methods CFD
Trading Currency USD
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 5

Pros

  • Simple & friendly interface
  • Excellent range of markets
  • Good range of deposit methods and languages

Cons

  • High withdrawal fees
  • Poor customer service
  • Only CFDs
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% 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