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eToro Review and Information 2023

eToro Information and Review eToro
Voting Rating eToro does not participate in the Forex Rating
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Reviews Rating
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.

eToro Trading Information 2023


WWW http://www.etoro.com/
Address eToro (Europe) Ltd. 7 Omirou St., 2nd Floor 3095 Limassol, Cyprus
Headquarters Limassol
Free phone +61-1800-778-583
24 hour support
Partnership programs
Trust management
Free education
Bonuses, Promotions
Sponsorship contests, competitions
Mobile trading
Automated trading
Daily analysis
Demo account
24/5 trading
Accepts US traders
Digits after the dot in quotes 4
Minimum position size 0.1
Spread Type fixed
Pip spread on majors 2
Maximum Leverage 400:1
STP, $
ECN, $ 50
Standard account, $ 50
Mini account, $ 50
Popular payment methods Credit Cards, PayPal, Wire Transfer, Bitcoin
Account currencies EUR, USD, GBP, JPY, CHF
Available assets Bitcoin
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
Broker type
Regulation NFA, CySEC, ASIC, CFTC, MiFID, FCA
Foundation 2007
Copy Trading Brokers
Bitcoin Forex Brokers

eToro Reviews and Comments

Hello! I started investing with eToro a few months ago. I probably sent around 30k to eToro in several transfers. Few weeks ago, for reasons out of my control, one of the transfers I sent was returned to my bank. I asked eToro about what should be done, and right after that they limited my account. They said I should proceed with the transfer once again, but the support manager probably was in a huge confusion as my account was still limited for both deposits and withdrawals. By the way, I'm a Platinum member and I'm supposed to get priority support, but that's just a huge lie. It's just a marketing trick. No priority and actually no Support at all. Although my account was fully verified and I provided them with every document they asked for, I'm waiting for around 3 weeks for some help in this matter, with no success. My account is limited, with over $19,000 in balance, with no option to withdraw my money in any way. Not even to trade. You'll probably ask me about support? Or even about Support Manager and Priority (as advertised)? That will be a good question, as I can say that even if I asked to close my account or to leave me to cash out my money in some way, there is silence. I only receive some template messages asking me to wait and to thank me for understanding. What? Are you kidding with me? Is there any reason for them to hold my money for that long? I owe them anything? The funds are just in my dollars balance. They are using my money to make profit and there is no sign about getting my money back. Incredible! Right? Stay away from eToro if you want to use your money. Is easy to send them the money in the first place but it becomes impossible to get your money back. I'm begging them for my money. That's not "cool" at all.
  8 May 2021  
I have problems with eToro from the beginning as I can't change my billing address and I have become unable to invest as I can't even verify my account nor talk to anyone from costumer service. My savings are in risk and I regret horribly trying the investment with this app.
  10 May 2020  
Unable to talk to costumer service, unable to change billing address, unable to invest or withraw. only can deposit basing in an extremely advantageous exchange rate. I can't do anything and I feel my savings are in risk of suffer a big cut by these people who jodes from me.
  10 May 2020  
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.
  13 Sep 2019  
A Deal Worth Taking - 50% Bonus on Your First Deposit!

When opening a trading account, traders often look at various brokers and their offers and may get confused. Well, our offer is as simple as it is great – Get a 50% Bonus on your first deposit starting $1k and up to a staggering $5k. See? Simple!

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.
  19 Aug 2019  
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.
  6 Jun 2019  
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.
  17 Apr 2019  
What’s the fees they take for copying trader?
ONOS   4 Feb 2023
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.
  4 Apr 2018  
I highly suggest to get to know the company first before trusting them fully. I went through the usual problems the clients face with eToro in ... You'll be surprised on what you can find.
  2 Mar 2018  
Looks like this broker is competitive compared to other companies. On other side, the trading software and services are far more appealing and easier to use than in other companies. Also, I have the opportunity to use trading signals feature that is getting probably the main competitive solution among brokers that I have traded with. In addition to developing trading strategy, broker offers effective software and metrics for continuous process innovation and improvement of trading strategies.
  16 Feb 2017  
It is new and it grows fast attracting a lot of traders by quite comfortable trading conditions and I am among those traders. eToro pays attention to education making forex easy for the beginners. It creates wide informational space using crowd-sourcing and comments of other clients – why not? it is cool and helpful to get the needed answers to the questions from people trading within eToro. I’ve learnt rare expert opinion and experience here. I like the eToro platform – here I can play in forex gaining retail trader experience! It is simple and flexible. The access to financial market is fast and steady. I am impressed by the broker’s perfect personal service. They send news and traders insight reports developed by their analysts. I can see, follow and copy the successful trading systems of other investors through the broker’s investment network. I enter it and can get the access to trading history of any trader. This is really like a game. There are no difficulties and tension, just amusement leading to the profit!

  15 Jun 2016  
i haven’t heard much of this broker … just recently decided to try it. it exceeds all my expectations. i enjoy trading here. it offers innovative attitude to trading and a lot of interesting and useful educational material. easy eToro platform is considered to be a social trading platform where i can copy successful traders using technology CopyTrader. they inform me of different facts and opinions. well, they create the conditions attracting rich traders establishing high spreads, large amounts of initial deposits and the price of trades. i haven’t withdrawn yet but until now there are no reasons to concern.
  11 Jun 2016  
The eToro's so called social trading network and auto copying of trades are just bullshit which has nothing to do with real trading and intended to only one goal - drain a novice's deposit. So do not even dream of enriching yourself with those beautiful fake promises.
  4 Jun 2016  
I have read recently that the broker started co-working with Sberbank and now have discovered that the bank's official web site even offers to register a real account with the broker. And it looks like the main idea of this cooperation is the promotion of the broker's social trading community. Going to test this.
  8 Mar 2016  
Trade Gold with FXTM

Trading precious metals is one of the most popular ways of diversifying your portfolio. Trade spot gold and spot silver prices against the US Dollar and other major currencies with a global broker today, and reap the potential benefits.

The connection is good and I cannot use it to my trading!! Too bad, I need to switch into another broker!!! I hope that they will fix their connection if they want to have more traders in their company!!!
  14 Jul 2014  
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