EToro maintains strong regulatory coverage and robust fund protection tied to your location and account type. Securities are generally insured (e.g., SIPC in the U.S., FSCS in the U.K.), but crypto assets carry limited or no formal protection. The mobile app is especially useful for monitoring CopyTrader portfolios on the go and receiving alerts when copied traders open or close positions. While eToro is well-regulated, crypto trading remains unregulated in the UK and other countries. Investor protections do not apply to crypto in these cases, and your capital is always at risk.
Contents
But if you decide to withdraw funds, you’ll be charged a flat $5 fee per transaction unless your account is in GBP or EUR, where some exceptions may apply. Our platforms recommendations are based on sources we believe to be reliable. However, we cannot guarantee their absolute accuracy or integrity.
Overall user experience is also good, the eToro app offers easy navigation and interaction. Despite this, a handful of users think the app’s basic approach ignores top features and advanced traders in need of powerful charting and customization may be disappointed. You invest a single amount, say $500 or $1000, and that investment is automatically spread across all the assets in the portfolio. EToro offers many different Smart Portfolios, so you can pick one that matches your interests or goals, like lower-risk stocks or high-growth tech companies. They’re a good choice if you want a simpler, more hands-off way etoro forex broker review to invest in multiple assets. EToro is a multi-asset platform that offers both investment in shares and cryptoassets as well as CFD trading.
Market spreads, beginning at 1 pip, vary depending on the currency pair and market conditions, and you can set stop-loss or take-profit limits to manage risk automatically. And for eToro ME users, staking is limited to Cardano, Solana, and Ethereum only. Who joined after February 8, 2022, as well as Germany and the U.S., eToro staking services aren’t available at all. IYou may have seen some of the ads for eToro and are now thinking, “Is eToro safe” or “Is it worth it? ” Well, in this eToro review we are going to take a deep look at the things that set this platform apart.
Set your own leverage
The rules concerning the tax rate are complicated, also for ETFs. Depending on the characteristics of the ETF, the transaction tax varies between 0.12% and 1.32%. EToro’s customer support is quite helpful and they are available if you have any questions via email. If you’re a registerd user, you can also use a chat to speak with them directly. The cost of eToro’s copy-trading service is incorporated into its spreads. So while it may be “free” to use eToro in terms of commissions, you will still incur trading costs – such as the bid/ask spreads.
Best Stock Newsletter Under $500
But if you transfer your coins to an external crypto wallet, you can no longer move them back onto the eToro trading platform. EToro users pay a flat fee—technically a bid-ask spread—of 1% for each crypto trade. Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues. Face/Touch ID is an optional access method for the eToro mobile app that uses facial or fingerprint recognition to allow you to unlock the eToro app.
More Forex Guides
- Also, while most trades don’t have a commission, there are still some fees, like currency conversion charges for non-U.S.
- This makes trading on eToro accessible even to beginners, who by copying the market operations of advanced traders can enjoy the same gains (or losses).
- In addition, if you are ever in doubt as to whether a communication is from us or witness any other suspicious activity on the eToro platform, please do not hesitate to contact us.
- These efforts assure clients of a secure trading experience, underscoring eToro’s commitment to their safety and trust.
- In the UK, eToro operates under the Financial Conduct Authority (FCA).
Cryptoasset investing is highly volatile and unregulated in some EU countries. Always check which eToro entity you’re registered under — it determines your regulatory protection and access to features. Transferring crypto to the eToro Wallet costs 2%, with blockchain fees for sending to external wallets. Selling crypto for fiat inside the wallet also comes with 0.6–1% depending on your Club tier. ✖ CFD Risk and ComplexityMany instruments (especially crypto and forex) are offered as CFDs — which involve leverage and higher risk.
Fees, features, sign-up bonuses, and referral bonuses are accurate as of June 30, 2025. EToro’s network is monitored 24/7 but cybersecurity professionals to protect from hacks and data leaks. They are the executive agency that fights against insider trading, pump-and-dump schemes, securities fraud, and the like. It has the power to enforce securities laws and bring suit against people who commit financial crimes. When we refer to the “spread” when discussing stocks, we’re talking specifically about the bid-ask spread. There is also a news feed to help you keep up on certain topics in the finance world such as crypto.
- In addition, there’s a spread markup, varying according to asset.
- Every eToro investor is automatically granted this insurance when they open an account.
- However, they do not insure against any loss you might have due to these problems.
- Always check which eToro entity you’re registered under — it determines your regulatory protection and access to features.
- However, protection levels vary by region, and crypto holdings generally fall outside coverage.
eToro in 2025 — The All-in-One Investment App Millions Trust
Also, while most trades don’t have a commission, there are still some fees, like currency conversion charges for non-U.S. EToro fees are generally fair or should we say high in the case of crypto trading. For example, crypto trades come with a 1% fee, while stock and ETF trades are commission-free. And if you’re interested in crypto, eToro has over 100 coins to choose from, so there’s a decent variety. They even offer staking options for crypto, which means you can earn extra on certain coins by holding them over time.
This website may contain links to third-party websites and references to third-party products or services. We do not endorse, control, or assume responsibility for any third-party content, privacy policies, or practices. We are not authorised by the Financial Conduct Authority (FCA) to provide investment advice. Content on this website does not constitute financial advice, and you should not rely on it as such. Always consult with a qualified financial advisor or professional before making investment decisions. While cryptocurrencies remain inherently volatile, eToro provides a legitimate, regulated gateway into the crypto world—an appealing option compared to unregulated exchanges.
EToro was founded in Israel in 2007, and has expanded to a range of international markets in the intervening decade and a half. The platform offers varying features in different countries; the U.S. version does not support all of the options available internationally. There are some major flaws with eToro which do not make them suitable for beginners at all.
In this review, we will take a look at eToro and what makes it unique along with its security features as well as an overview of its pros & cons. EToro is renowned globally as one of the top platforms for investing in stocks and cryptocurrencies. Its standout feature, social trading, revolutionizes investing by enabling beginners to replicate the trades of the world’s top investors with just a click. Users can buy shares with zero commission, as well as trade in cryptocurrencies, ETFs, and more. The social aspect and feed allow beginners to see what stocks and investments other people on the eToro platform are discussing. The copy trading feature means that if you find a particular trader’s portfolio interesting, you can opt to copy it and their future traders.
eToro Fees Review
For example, there might be a portfolio focused on clean energy or big tech companies. Each portfolio is managed professionally by eToro, so you don’t have to pick stocks or worry about balancing it yourself. Say, instead of owning barrels of oil, you invest based on how much oil prices go up or down.
Is eToro safe?
You can choose to create an account through either the web or mobile. What’s interesting is that eToro really pushes the idea of social trading as you can create an account using your Facebook or Google information. They are one of the few brokers to offer this type of registration.
Security is a serious matter when examining any broker, and, as such, we did our due diligence before joining eToro (yes, we have opened personal accounts in eToro as well). If you want to see a head-to-head comparison of eToro against another one of the biggest players in the crypto trading space, read eToro vs Coinbase. Users can activate a multi-factor authentication to further protect their account. When the multi-factor authentication is enable, you must have your phone with you to login. The SEC is a government agency that serves to protect investors. EToro users that have more than $5000 in equity are assigned dedicated account managers that they can contact with questions.