eToro
Product is rated as #18 in category Brokerage
| Offering of Investments | 6.5 |
|---|---|
| Commissions & Fees | 6.4 |
| Platform & Tools | 5 |
Company Overview
eToro is a global social investment and multi-asset brokerage company with 10 offices. It offers both manual and social investing through its platform, available on both its website and mobile app. For manual investing, clients can track and invest in various financial instruments. Social investing allows clients to follow other clients’ financial activity and replicate popular crypto investors’ moves in real time. eToro also offers Smart Portfolios, predetermined market strategies, and the eToro Money Crypto Wallet, a secure digital crypto wallet for clients to send and receive.
Description
Broker Information
| Company Name | eToro |
| Company Abbreviation | N/A |
| Company Website | Â https://help.etoro.com/en-us/s/ |
| Company Phone | Â 1-888-271-8365 |
| Address | Â 221 River St., 9th Floor, Hoboken NJ 07030 |
| Registered Country | Â Â UK, US, Australia and Cyprus. |
| Established | Â Â 2007 |
Trading Information
| Minimum Trade Size | $10 |
| Leverage | N/A |
| Minimum Investment | $50 |
| Account Types | Personal (retail) account, professional account, corporate account, and Islamic account |
| Trading Instruments | Â Â Stocks, Indices, ETFs, Currencies, Commodities, Cryptoassets. |
| Trading Platform |
eToro investing platform |
| Deposit Methods | Debit Card, Bank Account, PayPal |
| Withdrawal Methods | Debit Card, Bank Account, PayPal |
| Bonus Offers | N/A |
7.1Expert Score
eToro
Company Overview
eToro is a global social investment and multi-asset brokerage company with 10 offices. It offers both manual and social investing through its platform, available on both its website and mobile app. For manual investing, clients can track and invest in various financial instruments. Social investing allows clients to follow other clients' financial activity and replicate popular crypto investors' moves in real time. eToro also offers Smart Portfolios, predetermined market strategies, and the eToro Money Crypto Wallet, a secure digital crypto wallet for clients to send and receive.PROS
- Free stock and ETF trading.
- Seamless account opening.
- Social trading.
CONS
- $5 withdrawal fee.
- Only USD as base currency.
- Customer support should be improved.
Reviews (7)
7 reviews for eToro
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Dias –
Good and stable platform, but watchout for the hidden fees guys.
henry bell –
Good service. Good conditions.
The best broker in all points
leah russell –
I have been using eToro for nearly 2 years. The platform is simple and user friendly.
isaac gray –
Since I started using Etoro everything has been smooth. The customer service is great and gets better the further you invest
Charlotte Harris –
eToro’s withdrawal process is a joke. They suddenly require extensive personal information and documents, like my bank statement and travel details, which were never mentioned when I deposited funds. It’s obvious they have no intention of facilitating easy withdrawals. They’re quick to take your money but reluctant to give it back. This experience has exposed eToro as untrustworthy and deceitful. Stay away and choose a more transparent platform for your investments.
Thomas Hall –
Avoid eToro at all costs. They refuse to let me withdraw my own money without demanding unnecessary personal information like my bank statement and details of my holiday flights. These so-called ‘regulatory rules’ conveniently appear only when I want to access my funds. It’s absurd and dishonest. I can still deposit money without any hassle, but withdrawing is a nightmare. This behavior is unacceptable and indicative of their shady practices.
Ella Ward –
eToro is holding my funds hostage under the guise of regulatory rules. They demand my bank statement, flight details from holidays, and other income sources just to process a withdrawal. When I deposited 200 euros, there were no such hurdles. It’s clear they have double standards—rules for depositing money and different rules when you want to withdraw. This inconsistency is outrageous. They are nothing but scammers and crooks. Give me my 200 euros back and let me close my account immediately.