eToro.
This eToro review gives you all the key facts you need to decide if it’s the right platform for your money. Brought to you by Brokerage Compare.
Commissions & Fees.
Offering of Investments.
Platforms & Tools.
Customer Service.
Min Deposit $50 Max Leverage: 30:1 retail clients, 400:1 professional clients 2,000+ Tradable Assets forex copy trade service (cryptocurrency.copy-trade.space), Crypto, Stocks, Commodities, ETFs, & Indices Credit/Debit card, Bank transfer, Electronic wallets Web Trader, Mobile App Regulated by FCA, CySEC, copy trade in crypto ASIC 21 Languages Supported Over 20,000,000 clients worldwide.
No MetaTrader 4 & MetaTrader 5.
eToro Review.
eToro Fees Review eToro Deposits & Withdrawals Review eToro Account Types Review eToro Platforms & Assets Review eToro Customer Service Review Is eToro safe?
eToro is a social trading and multi-asset brokerage company that specialises in financial and copy trading services. It was founded in Israel in 2007, under the name Retail FX, by brothers Yoni and Ronen Asia and David Ring. Today, it has registered offices in Cyprus, Israel, U.K., U.S.A and Australia, and a total head count of 501-1000 employees. The company was valued at $800m in 2018.
eToro Fees Review.
Free stock trading Low CFD fees Low Forex fees.
$5 withdrawal fee $10 monthly inactivity fee after 1 year of no trading.
Stock Fees.
eToro doesn’t charge commission on real stock trading, i.e. there are no broker fees when opening or closing the position. This doesn’t apply to short or leveraged positions.
CFD Fees.
CFD trading fees are low on eToro. E.g., for a $1,000 long position held for a week, the fees are:
S&P 500 index CFD fee Europe 50 index CFD fee Apple CFD fee Fees $1.2 $1.3 $3.6.
Forex Fees.
Forex trading fees are low on eToro. E.g., for a $1,000 30:1 long position held for a week, the fees are:
EURUSD GBPUSD AUDUSD EURGBP Fees $0.82 $0.63 $0.61 $0.68.
Non-trading Fees.
Account Fee Deposit Fee Withdrawal Fee Inactivity Fee $0 $0 $5 $10 per month after one year of inactivity.
eToro Deposits & Withdrawals Review.
Min deposit $50 No deposit fee Accepts deposits in 10 currencies Credit/Debit card, Bank transfer, Electronic wallets.
$5 withdrawal fee.
Account Base Currency.
eToro accepts deposits in 10 currencies: USD, EUR, GBP, AUD, RMB, THB, IDR, MYR, VND, PHP. It’s important to note that the platform will convert any non-USD funding to USD, i.e. they only allow USD accounts.
How long will it take for my deposit to show on eToro?
If you make the deposit over card, either debit or credit, it’s instant. Bank transfers can take up to 2-3 business days.
When will I have access to my money if I withdraw from eToro?
Withdrawal via bank transfer takes around 2 working days.
What is eToro minimum deposit?
eToro minimum deposit is $50. The max varies, e.g. there’s no max deposit on bank transfers, it’s $30k on electronic wallets and $40k on debit or credit cards.
Can I withdraw any amount?
There’s a minimum limit of $30.
Does eToro charge withdrawal fees?
Yes, it’s $5 per withdrawal.
Are there any terms on where I direct any funds I withdraw?
eToro’s only specification is that you withdraw to accounts in your name.
eToro Account Types Review.
You can easily open an eToro account online. All you need is an email address or, alternatively, you can use your Facebook or Google account. Then you get two options: you can either try out the platform using play money with a demo account or you can start trading directly with a live account. Once you deposit funds, you will need to verify your identity by uploading a copy of your passport or ID and your residency by uploading a copy of a utility bill or bank statement.
Platform Languages.
The eToro platform is multilingual with 21 languages: Arabic, Chinese (simplified), Chinese (traditional), Czech, Danish, Dutch, English, Finnish, French, German, Italian, Malaysian, Norwegian, Polish, Portuguese, Romanian, Russian, Spanish, Swedish, Vietnamese, aplikasi copy trading crypto terbaik Thai.
eToro Platforms & Assets Review.
2,000+ tradable assets Forex, Crypto, Stocks, Commodities, ETFs, & Indices eToro Copy Trade and Copy Portfolio Web Trader and Mobile App.