|Regulation||NFA, CySEC, ASIC, CFTC, MiFID, FCA|
|Trading software||eToro webTrader, etoro Openbook, eToro Mobile Trader|
|Headquartered||eToro (Europe) Ltd. 7 Omirou St., 2nd Floor 3095 Limassol, Cyprus|
eToro is one of the largest currency trading companies operating currently on global financial markets. forex etoro was established in 2007, its headquarters are located in Limassol, Cyprus and broker etoro is a Cyprus licensed and registered investment company. forex broker etoro operation and services are regulated by the Cyprus Securities and Exchange Commission.
Broker etoro offers its customers trading at eToro WebTrader trading platform with real trading accounts starting from as low as $50. The maximum leverage at forex broker etoro reaches as high as 400:1. The broker offers auto copying services as a part of so called social trading community. This feature allows even an inexperienced trader to commit profitable trades. Social trading within the etoro forex community network allows each trader to view, follow and automatically copy the trading orders of professional traders. Currently broker etoro clientele counts more than a million and a half traders from more than one hundred countries worldwide. Besides real accounts forex broker etoro offers demo accounts to those who want to test and review the company’s products without risking their funds. At the same time thousands real of trading accounts are opened with the broker on a daily basis.
EToro offers its customers trading most major currency pairs, some exotic currency pairs, futures, precious metals, oil, binary options and many other trading assets. The broker’s client support works on the round-o-clock basis and is very responsive and helpful. During the nine years of operation the company has received a range of prestigious awards from major financial media resources.
On the broker’s profile page on this site you can find etoro reviews posted by the company’s clients as well as you can leave reviews of your personal trading with the broker.
|Address||eToro (Europe) Ltd. 7 Omirou St., 2nd Floor 3095 Limassol, Cyprus|
|24 hour support|
|Forex contests, competitions|
|24 hour trading|
|Accepts US traders|
|Digits after the dot in quotes||4|
|Minimum position size||0.1|
|Pip spread on majors||2|
|Standard account, $||50|
|Mini account, $||50|
|Popular payment methods||Credit Cards, PayPal, Wire Transfer, Bitcoin|
|Account currencies||EUR, USD, GBP, JPY, CHF|
|Languages||English, French, Spanish, German, Russian, Italian, Chinese, Arabic, Turkish, Portuguese, Japanese, Polish, Greek, Dutch, Swedish, Finnish|
|Platforms||eToro webTrader, etoro Openbook, eToro Mobile Trader|
|Regulation||NFA, CySEC, ASIC, CFTC, MiFID, FCA|
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Etoro seems to be known for having this repeated occurrence where they make false trades on their auto trader platform and make you lose all your capital, I lost all $46,000 worth of capital. They are clearly abusing their authority. If you have lost your finances on Etoro or in a similar situation, they are currently being investigated.
I was conned into taking a bonus matching my original $17000 investment made over the phone. According to CToptions policy, I cannot withdraw any funds until $30,000 worth of trades has been executed. This was not explained to me and when I wanted to withdraw $3000 from my $27,000 balance, the request said pending for 6 weeks, and after several requests over 6 weeks made to account managers who ignored my requests, I finally got a request denied.
eToro has unjustified deleted my profits without any explanation based on any real data or evidence. I think their behavior is very worrying for all eToro users and I think it's appropriate to take action against them.
On the long run the fees that they take will take more than you get out of trading or copying a trader. Stay away, fees are to high.
EToro is NOT the trading company I would suggest. I opened a Canadian account about 5 yers ago. Since I am still working full time, trading was limited so I decided to set my bids on certain companies and let it ride. By mid December 2017, last time I checked, I pretty well doubled what I had invested, which was most likely not significant to Etoro but a lot for me. Thinking I was doing well, I checked again in March and my account had disappeared, I googled and found out U.S. and Canada were cut off. Even though I read there was supposed to be an email to American clients TWO weeks before the deadline, that we were being cut off, there was NO warning; I never received the email with their generous 2 week notice. It must have been very low profile because I had no idea until I searched inline. I contacted customer support and received NO reply. I was ignored. Not significant enough for this big trading company, I am just a little fish in their big pond who is not worth their time. Shame on you Etoro. I am hoping everyone will read this to find out what EToro is really about and people think about it twice to invest money with these insensitive crooks with their 2 week one time notice and then walk away with your money. Again, I did never see that email.