eToro Review 2026

Item: eToro
Rating: 7.56
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: June 03, 2026

Top Brokers Overview — United States

Visit the site anyway

Min. deposit $50
Fees 5 /10
Account types 6.5 /10
Regulation 10 /10

7.6 /10

Reliable

eToro User Reviews 7.3
Commissions and Fees 5.0
Regulation and Safety 10.0
Account Types 6.5
Deposit and Withdrawal 6.8
Markets and Tradable Assets 8.3
Trading Account Opening 8.0
Trading platforms & tools 6.5
Mobile Apps 7.6
Customer Support 9.3

eToro Pros & Cons

Low copy entry threshold. Forex copy trading on eToro allows users to start with small amounts.
Social trading focus. The platform is designed for passive investing and strategy replication, a core feature when trading Forex on eToro.
Strong regulatory framework. eToro operates under multiple regulators, which is relevant when evaluating whether eToro is a Forex broker suitable for long-term use.
Fractional investing. Traders can open positions with amounts below the price of one share, which supports flexible Forex and CFD trading on eToro.
Real asset access. It is possible to buy real US-listed shares rather than CFDs, which appeals to users combining Forex trading and stock investing.

Higher trading costs. Spreads for Forex on eToro are often wider than those of classic Forex brokers, affecting overall Forex fees on the platform.
Execution stability issues. Some traders report occasional technical disruptions, which may impact active Forex trading on eToro.
Limited platform choice. eToro does not support MetaTrader platforms, which may be a drawback for traders used to traditional Forex trading platforms.
No ECN access. Orders are processed via an STP model only, which matters when comparing eToro Forex spreads with ECN-based brokers.
Withdrawal fees. A fixed commission applies when withdrawing funds, increasing total Forex trading fees on eToro.
Customer service complaints. Support quality is sometimes criticized in reviews covering eToro relative to other Forex platforms.
Interface limitations. The overall layout on the eToro website may feel inconvenient for users focused on advanced Forex trading.

TU Expert Verdict

eToro is a reliable and well-established choice. I’ve reviewed its features, tested its services, and found that traders generally report positive results. It offers stable performance, dependable execution, and overall solid quality for everyday trading.

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eToro User Reviews

Score:

7.3 /10

138 total

5-star

23%
4-star

28%
3-star

41%
2-star

5%
1-star

3%

2756 users picked this broker

Salman

PRO

1 year ago

Good

No weaknesses

eToro is a very user-friendly app. It's an intuitive, making it easy to choose assets with plenty of filters to help you out. Plus, it’s the only app where copy trading is seamlessly integrated—you can start copying traders right from the main page with tons of filters to narrow down your choices.
On the downside, the spreads for forex are a bit on the high side compared to other top brokers. A 1-pip spread for EURUSD is manageable, but 2.0 pips for GBPUSD and over 2.0 for less liquid pairs is quite a lot. There’s also no ECN account for active trading, which is a drawback if you're looking for tighter spreads.

albab.bses1426

PRO

1 year ago

All good

No weakness found yet

I never had issues with eToro and it’s because I never complicate my strategy with leverages and stuff. My investment strategy is always 1:1 which means I only invest what I can afford and this minimizes the risks and the hidden high cost of leverage trading. It’s true that sometimes the spread is larger on eToro. For example when I am looking at EURUSD on TradingView and on eToro’s trading terminal I am always caught with a 20c difference but I don't care for the most part. For me profit is profit and I will take as much as I can regardless of spreads and fees. I love the flexibility of trading different asset classes and CFDs in eToro and for this alone I am willing to pay that price. eToro is ideal for traders like me who like keeping it straightforward and clean. If you like leverage trading then be ready to pay some price if you consider using eToro for this.

Shyrailym

PRO

1 year ago

Customer Loyalty

Financial Instability

Been using eToro for full year and here is my impartial review of the broker:

Most compatible for trading stocks with its zero-fee structure for securities, but charges high for crypto + high spread for forex
Order fulfillment is fast and glitches rarely happen. If they do, their customer service agent will promptly reach out to explain the issue and find a common ground to solve it
Great for portfolio diversification with the availability of thousands of tradable assets
Simple trading terminal with a number of good features e.g. copy trading, social trading, etc
No deposit fee + $5 fee for withdrawals (regardless of the amount)
Has a lot of ancillary charges such as inactivity fee, currency conversion fee, and overnight fee

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Commissions and Fees

Score:

5 /10

The trading and non-trading commissions of eToro have been analyzed and rated as having Medium fees, with a fees score of 5/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

No deposit fee
No withdrawal fee

Above-average Forex trading fees
No ECN/Raw Spread account

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of eToro with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, eToro’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

eToro Standard spreads
	eToro	OANDA	FOREX.com
EUR/USD min, pips	0.3	0.1	0.7
EUR/USD max, pips	1.1	0.5	1.2
GPB/USD min, pips	0.3	0.1	0.9
GPB/USD max, pips	1.1	0.5	1.4

Does eToro support RAW/ECN accounts?

As we discovered, eToro does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with eToro. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

eToro Non-Trading Fees
	eToro	OANDA	FOREX.com
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	5	0-15	0
Inactivity fee ($, per month)	10	0	15

Is eToro Safe?

Score:

10 /10

We checked the eToro office

eToro has a safety score of 10/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection
Regulated in the UK
Track record over 19 years

Strict requirements and extensive documentation to open an account

eToro Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
FCA UK	Full Name Financial Conduct Authority	Country of regulation United Kingdom	Investor Protection Fund Up to £85,000	Regulation Level Tier-1
CySec	Full Name Cyprus Securities and Exchange Commission	Country of regulation Cyprus	Investor Protection Fund Up to €20,000	Regulation Level Tier-1
ASIC	Full Name Australian Securities and Investments Commission	Country of regulation Australia	Investor Protection Fund No specific fund but has stringent consumer protection	Regulation Level Tier-1
FSA (Seychelles)	Full Name Financial Services Authority of Seychelles	Country of regulation Seychelles	Investor Protection Fund No specific fund	Regulation Level Tier-3

eToro Security Factors
Foundation date	2007
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

6.5 /10

eToro offers the following account options: Demo, Standard, Micro, Swap Free, VIP, Managed.

eToro covers the core account types, making it convenient for traders with different preferences and strategies.

Low minimum deposit
Swap Free (Islamic) account
Demo account

No Cent account
No ECN/Raw spread account

eToro account types vs top competitors
	eToro	Trading.com	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	No	No	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	Yes	No	No
Swap Free	Yes	No	Yes
VIP	Yes	No	No
Managed	Yes	No	No

eToro accounts trading conditions

The eToro broker has only two accounts: a demo account and a standard trading account. Both are designed for direct trading and copying transactions. In some cases, a separate account may be opened in shares (when working with the US stock exchanges).

Account Type	Description
Demo account	Designed to get acquainted with the functionality of the trading platform and trading skills practice. Starting deposit is $100,000;
Standard account	The minimum amount allocated for copying one trader is $200, the maximum is $2 million. The minimum amount for copying one transaction is $50.

The eToro broker is an interesting company for those who prefer passive investing, who understand approaches to the formation and management of investment portfolios.

Deposit and Withdrawal

Score:

6.8 /10

eToro received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

eToro provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Bank wire transfers available
Low minimum withdrawal requirement
Minimum deposit below industry average
Bank card deposits and withdrawals

USDT payments not accepted
Wise not supported
Only major base currencies available

What are eToro deposit and withdrawal options?

eToro provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, PayPal, Skrill, Neteller.

eToro Deposit and Withdrawal Methods vs Competitors
	eToro	Trading.com	Plus500
Bank Wire	Yes	Yes	Yes
Bank card	Yes	Yes	Yes
PayPal	Yes	No	Yes
Wise	No	No	No
BTC	No	No	No

What are eToro base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. eToro supports the following base account currencies: USD, EUR, GBP.

What are eToro's minimum deposit and withdrawal amounts?

The minimum deposit on eToro is $50, while the minimum withdrawal amount is $30. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact eToro’s support team.

Markets and Tradable Assets

Score:

8.3 /10

eToro offers a wider selection of trading assets than the market average, with over 5000 tradable assets available, including 40 currency pairs.

Indices trading
5000 assets for trading
40 supported currency pairs

Bonds not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by eToro with its competitors, making it easier for you to find the perfect fit.

	eToro	Trading.com	Plus500
Currency pairs	40	69	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	5000	69	2800
Stocks	Yes	No	Yes
Commodity futures	Yes	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	No	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products eToro offers for beginner traders and investors who prefer not to engage in active trading.

	eToro	Trading.com	Plus500
Bonds	No	No	No
ETFs	Yes	No	Yes
Copy trading	Yes	No	No
PAMM investing	No	No	No
Managed accounts	Yes	No	No

Trading Account Opening

Score:

8 /10

We successfully registered an account with eToro in 30 minutes. The KYC verification was completed within 3 business days. The minimum deposit amount at eToro is $50.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Low minimum deposit requirement
Fully online account opening process

Registration process may take longer than expected
Account approval may require extra time depending on the documentation.

eToro account opening
	eToro	Trading.com	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$50	$50	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	30	20	5
KYC time (days)	3	2	3

Is eToro available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

Disclaimer:

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

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. According to the provider, 76 percent of retail investor accounts lose money when trading CFDs. Before starting Forex trading on eToro, traders should consider whether they understand how CFDs work and whether they can afford to take the high risk of losing their money.

Past performance does not guarantee future results. Trading history presented may cover less than five full years and may not be sufficient as a basis for an investment decision. Forex copy trading on eToro does not constitute investment advice, and the value of investments may go up or down. Your capital is at risk, and losses may exceed expectations.

Users should not invest unless they are prepared to lose the full amount invested. This is a high-risk activity, and regulatory protection may be limited depending on jurisdiction. eToro USA LLC does not offer CFDs and does not assume responsibility for the accuracy or completeness of information prepared using publicly available sources.

How to open an account on eToro

Cooperation with the broker begins with registering a personal account. To start trading Forex on eToro, traders should first register on the Traders Union website and then visit the eToro official website using the partner link, which may help reduce the overall Forex trading fees for them on eToro in the long run.

Account registration. Click the “Register” button located in the top panel of the website, regardless of the page you are on.
Authorization. Enter your email address, name, and password. This information is sufficient to access the personal account and begin exploring Forex trading assets available on eToro.

Features available in the eToro personal account

After registration and login, traders gain access to a range of tools.

Market analytics. Current analytics for major assets, including a Market Sentiment Indicator relevant for Forex trading on eToro.
Trader ratings. Rankings of traders with open statistics, often used for Forex copy trading on eToro.
Portfolio overview. Detailed statistics on investment portfolios and open positions.
News feed. Updates related to markets, assets, and trading activity.
CopyPortfolios. Structured portfolios combining multiple strategies.
Funds management. Deposit and withdrawal functionality.
eToro Club. A loyalty program offering additional features based on account status.

Trading platforms & tools

Score:

6.5 /10

eToro received a score of 6.5/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.

API access for automated trading
Proprietary platform with unique features
One-click trading
Trade directly from TradingView

No access to cTrader and its advanced tools.
Strategy (EA) Builder is not available
No access to Free VPS

Supported trading platforms

eToro supports the following trading platforms: TradingView, Proprietary platform. This selection covers the basic needs of most retail traders. We also compared eToro’s platform availability with that of top competitors to assess its relative market position.

	eToro	Trading.com	Plus500
MT4	No	No	No
MT5	No	Yes	No
cTrader	No	No	No
TradingView	Yes	Yes	Yes
Proprietary platform	Yes	Yes	Yes
NinjaTrader	No	No	No
WebTrader	No	Yes	Yes

Key eToro’s trading platform features

We also evaluated whether eToro offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.

Supported features
2FA	Yes
Alerts	Yes
Trading bots (EAs)	No
One-click trading	Yes
Scalping	No
Supported indicators	110
Tradable assets	5000

Additional trading tools

eToro offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.

eToro trading tools vs competitors
	eToro	Trading.com	Plus500
Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making.	Yes	Yes	No
API	Yes	No	No
Free VPS	No	No	No
Strategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills.	No	No	No
Autochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels.	No	No	No

Mobile Apps

Score:

7.6 /10

eToro supports mobile trading, offering dedicated apps for both iOS and Android. eToro received a score of 7.6/10 in this section, indicating a generally acceptable mobile trading experience.

Supports mobile 2FA
Indicators supported
Mobile alerts supported

Weak user feedback on Android

We compared eToro with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.

	eToro	Trading.com	Plus500
Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms.	10,000,000	50,000	10,000,000
App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience.	3.9	4.8	4.7
Google Play score	3.2	4.7	4.4
Mob. 2FA	Yes	Yes	Yes
Mob. Indicators	Yes	Yes	Yes
Mob. Alerts	Yes	Yes	Yes

Customer Support

Score:

9.3 /10

eToro demonstrates a high level of customer support. Assistance is available through multiple channels, and most requests are handled quickly.

During TU testing, managers responded promptly, communication was clear and structured, and support continued until the issue was fully resolved. Overall, eToro shows reliable service and active engagement with clients.

Information

Customer support at eToro is available to traders on a 24/5 basis. This availability is often highlighted when assessing service quality for users, especially those trading across different time zones.

Live chat support. Real-time assistance is available, which is helpful for traders actively trading Forex on eToro.

No weekend support. Customer service does not operate on weekends, which may affect traders monitoring positions outside standard trading days.

There are several ways to contact customer support:

via feedback form;
via social networks.

Support is available on the broker's website and in a personal account.

Contacts
Foundation date	2007
Registration address	eToro (UK) Ltd. 24th floor, One Canada Square Canary Wharf London, E14 5AB, United Kingdom
Regulation	FCA UK, CySEC, ASIC, FSA (Seychelles)
Official site	https://www.etoro.com/
Contacts	support@etoro.com

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eToro Video Guides

FAQs

How is eToro regulated and what safety measures protect client funds?

eToro has a safety score of 10/10 and is regulated by several authorities, including Tier-1 regulators such as the FCA in the UK, CySEC in Cyprus, and ASIC in Australia, as well as the FSA in Seychelles (Tier-3). The broker offers negative balance protection, follows KYC verification procedures, and in some jurisdictions clients may be covered by investor compensation schemes, although specific coverage depends on the regulator and is detailed in this section.

What account types does eToro provide and what are their key features?

According to this section, eToro offers demo, standard, micro, swap-free (Islamic), VIP, and managed accounts, although it is also stated that in practice the broker mainly has a demo account and a standard trading account. The demo account is used for practicing with a $100,000 virtual balance, while the standard account supports direct trading and copying, with a minimum of $200 allocated per copied trader and $50 per copied transaction; other details about micro, VIP, swap-free, and managed accounts are not further specified here.

What do user reviews and ratings indicate about eToro’s overall satisfaction level?

eToro has a user satisfaction score of 7.3/10 based on 138 reviews, with 23% of users giving 5 stars, 28% giving 4 stars, 41% giving 3 stars, and smaller shares giving 2 or 1 star. According to user reviews, overall sentiment is mixed, and 2756 users have chosen this broker as reported in this section.

What markets and instruments can you trade with eToro according to user feedback?

This section states that eToro offers over 5000 tradable assets, including 40 currency pairs, stocks, commodity futures, cryptocurrencies, and stock indices, but does not provide specific user feedback or comments about these markets. Bonds are not available, while ETFs, copy trading, and managed accounts are supported as additional investment options.

How does eToro’s customer support operate and what service level can clients expect based on feedback?

Customer support at eToro is available 24/5 via multiple channels such as live chat, feedback forms, social networks, and through the website and personal account. Based on testing described in this section, responses were prompt, communication was clear, and support continued until issues were resolved, although there is no weekend support, which may affect users needing assistance on those days.