On eToro, trading in commodities is all about getting exposure to raw materials prices without needing to own them. Basically, you’re trading contracts based on the price movements of things like oil, gold, wheat, and coffee. EToro’s leverage in Forex is significant – up to 30x for major pairs in Europe. Trading hours are nearly continuous since the global currency market operates 24/5, meaning you have flexibility with time zones and markets. So, eToro takes a decent chunk of the rewards, which can be pretty high compared to crypto exchanges like Binance and OKX which don’t charge these fees.
Is eToro Safe? A 2025 Security & Regulation Review for UK Investors
The SIPC is the nonprofit organization that takes care of retail investor accounts who lose money due to their brokerage going out of business. EToro offers some educational tools to help users learn about investing as well as how to use the platform. The company started off as a cryptocurrency platform and has evolved into a community where you can trade equities as well as copy other investors’ strategies. Leverage magnifies potential returns but also increases losses and risks. Overnight and weekend holding fees apply, which can make long-term leveraged positions costly.
51% of retail investor accounts experience losses when trading CFDs with this provider. You should carefully consider if you fully understand how CFDs work and if you can bear the high risk of losing your funds. Today, with its headquarters in Limassol, Cyprus, eToro operates globally and boasts over 20 million registered users, including both verified and non-verified accounts. It has become one of the most well-known investment companies, particularly popular among home investors new to online trading.
Regarding personal safety measures, eToro uses SSL encryption to secure your information when you access their platform. Plus, the platform keeps user funds in segregated accounts separate from operational funds. This means that even in the unlikely event of insolvency, your funds remain accessible. They do, however, charge a spread, which is a slight difference between the buying and selling prices of assets. This spread is how eToro earns on trades, and it varies based on the asset being traded and market conditions. After logging in to the eToro trading platform, you can choose the shares you like the most from the “Stocks” section, with over 1,000 stocks.
Forex Brokers
EToro stands out for its innovative tools and features that empower traders and enrich their decision-making capabilities. Among these offerings are Smart Portfolios, allowing traders to mirror thematic asset baskets, whether centred around a topic, geography, or asset category such as ETFs. Curated by eToro analysts, Smart Portfolios are a convenient way to diversify without paying portfolio management fees. EToro boasts an extensive range of tradable instruments that cater to a wide spectrum of trading interests and strategies.
- We analyze key tools and features important to forex and CFD traders and collect data on commissions, spreads, and fees across the industry to help you find the best broker for your needs.
- Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015.
- This allows you to follow and copy successful trades while studying their methods.
- EToro operates under solid global regulation and applies strong fund safeguards.
- EToro makes most of its money (87%) through a typical process in the brokerage industry known as a market maker model.
This makes eToro especially appealing for new investors etoro forex broker review or anyone who prefers to follow a proven strategy rather than build their own. EToro has become one of the most popular investment platforms in the world, with over 35 million users across 100+ countries. A simple, all-in-one app where you can invest in stocks, ETFs, crypto, commodities, and even copy the trades of top investors. EToro actually offers some of the fewest markets to trade, with just under 3,000 (compared to IG’s 17,000) stocks, indices and commodities available to buy and sell.
Over the years, it has received fines in some regions due to advertising violations, account handling issues, or regulatory compliance failures. These have usually involved operational oversights rather than fraudulent activity. EToro operates under multiple financial regulators across different countries. In the U.S., eToro USA is registered with both the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC).
What Other Protections are Available?
You explore lessons on market basics, such as how stocks work, and advanced topics, like technical analysis. EToro earns its income from you through fees tied to your trading activities. First, it charges a spread, the small difference between the buy and sell prices of an asset, like stocks or cryptocurrencies. It is a social platform where you witness trade from others, comment on, and in fact ideas from all over the globe.
It’s essentially a charge for keeping your account open and your data available even if you aren’t actively using it, but you won’t be charged if you don’t have any funds available in the account. If you don’t log into your account for a continuous 12 months, eToro will deduct a $10 fee per month from your balance. This fee continues until you log back in or your account runs out of funds.
How does eToro make money?
Dom is an experienced retail investor, learning his craft in what he likes to call the “hard way”. Through many of these lessons he has crafted himself a sound investment strategy that has enabled him to make investing into a business not just a hobby. Thomas brings extensive experience in financial analysis and investment research.
- This is like a social network for traders, where you can see what others are putting their money on in terms of trading strategies.
- Users can find lower-cost crypto trading elsewhere—check out your options on Forbes Advisor’s listing of the best crypto exchanges.
- He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages.
Does eToro Really Offer Commission-Free Trading?
(And you don’t even have to be logged into your eToro account to submit a ticket!) Representatives usually respond to support ticket submissions via email in 24 to 48 hours. EToro is transparent about the fees it does charge for crypto services and miscellaneous services, as they provide you with a full fee schedule. EToro has tens of millions of users and over a decade of experience under its belt. These fees are typical among most brokerages and are easily avoidable depending on how you use the platform.
Fractional shares
Its standout feature, CopyTrader™, allows users to automatically copy the portfolios of successful investors — making it especially appealing to beginners and passive investors. EToro’s web platform is accessible through a standard web browser and offers an intuitive interface. It includes advanced charting tools, technical indicators, and customisable watchlists. The platform is suitable for traders of all levels and provides social trading features, allowing users to see and copy the trades of successful traders. Key weaknesses include limited asset variety for advanced investors, withdrawal and conversion fees, and the lack of tools like MetaTrader.
One of the first and most important aspects of evaluating any broker’s safety is to understand who regulates them. Improving the exchange’s coin offerings in the U.S. could greatly increase the platform’s value. Once there, you’ll be prompted to choose a username, enter your email address and set a password. Create a strong password, which contains ten or more characters, including at least one uppercase character (A-Z), number (0-9) and/or symbol.
Additionally, the Research tab includes analysts’ opinions, with consensus ratings and price targets from experts. Alright, so if you’re looking to deposit money into your eToro account, you’ve got several deposit methods to do it. Whether you prefer credit cards, e-wallets, or direct bank transfers, you can likely find a suitable method. However, note that the specific deposit options available to you will depend on your location, as eToro adapts its payment offerings to meet regional regulations.
eToro fees
It operates under strict financial supervision across multiple jurisdictions, including the UK, EU, and Australia. Its regulatory status helps ensure user protection, platform transparency, and responsible financial conduct. EToro is available in the USA and offered by eToro USA Securities Inc., but with some restrictions. U.S. users can trade crypto and stocks, but access to some asset classes, such as CFDs, is restricted due to regulatory reasons. On the other hand, a few users state that response times on chat could be improved, and some questions need more personalized support than what it offers. In summary, there are support paths, which are good for quick questions but seem lacking if you need your hand held.