79% of retail CFD accounts lose money
79% of retail CFD accounts lose money
eToro review

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79% of retail CFD accounts lose money
The details and statistics provided in this eToro review do not apply to US customers, where there are likely to be differences to eToro services due to regulation of jurisdiction.
eToro is a popular social trading platform, which offers direct access to multiple asset classes, including shares, ETFs, indices, commodities, and cryptocurrencies.
The service is regulated by a number of prominent bodies, including the UK’s Financial Conduct Authority (FCA), and is currently available in 19 different languages. Keep reading our eToro review to find out everything you need to know before signing up and using eToro.
Pros & Cons
Pros:
Cons:
eToro review summary
Features | eToro summary |
---|---|
No. of tradable assets | 3600 |
Min. deposit | $10 |
ID verification required | Yes |
Free demo account | Yes |
Supported assets | Stocks, cryptocurrencies, commodities, currencies, indices, ETFs, NFTs |
Mobile trading app | Yes |
Web trading platform | Yes |
Regulatory bodies | FCA, CySEC, DNB, FinCEN, FINRA, ASIC |
Investing options
What can I do with eToro?
The platform’s primary focus is on providing investing and copy-trading services. eToro is an innovative trading platform and currently the largest social trading platform in the world, with more than 13 million registered users making millions of trades each day. It also supports mobile-based trading along with a wide assortment of features and free educational materials.
eToro was founded in 2007 with the bold ambition of “disrupting the world of trading”. Since that time it has launched the first social trading platform in 2010, and CopyPortfolios, which are managed portfolios that bundle top eToro traders or various assets under a single market investment strategy. This means you can use the broker to make your own trades, and also to follow those of others.
It’s an online broker that offers both one of the best stock trading platforms and powerful stock trading apps. Through both of these, eToro customers can access six distinct asset classes and a couple of thousand instruments with each, as well as zero commission trades on certain stocks.
What accounts does eToro offer?
eToro is primarily a social trading platform but it also allows you to store and earn on your crypto holdings as well. Here are all the available account types:
Account type | eToro accounts |
---|---|
Trading platform | Yes |
Crypto wallet | Yes |
Crypto staking | Yes |
Money management | Yes |
eToro also has a sliding scale of membership which is known as the eToro Club. You are automatically assigned into an account tier based on the amount of money you have in your cash balance plus the value of your investments.
All members are automatically assigned to the Bronze tier, which is the standard account. All tiers above that offer additional benefits, such as lower fees, live webinars, premium subscriptions, and exclusive VIP events.
Account tier | Qualifying balance |
---|---|
Bronze | $0 |
Silver | $5,000 |
Gold | $10,000 |
Platinum | $25,000 |
Platinum+ | $50,000 |
Diamond | $250,000 |
Finally, there is an eToro Money account, which is an e-wallet app where you can make payments or send and receive money from your friends. eToro Money is like a basic version of PayPal. The main selling point is that you can deposit and withdraw money from your eToro trading account faster and with fewer fees if you transfer with the eToro Money app.
Products, markets & assets
What products and assets can you trade on eToro?
The eToro trading platform offers more than 3,000 assets, covering both major and minor forex pairs, ETFs, shares, indices, commodities, and cryptocurrencies. Here’s a summary of all of eToro’s trading options:
Product | eToro assets |
---|---|
Currencies | 49 |
Stocks | 3117 |
ETFs | 317 |
Indices | 20 |
Commodities | 26 |
Cryptocurrencies | 73 |
NFTs | 100,000+* |
*Exact figures may vary. NFTs are accessed through Delta, an NFT explorer app which is owned and operated by eToro.
What leverage trading options are there?
eToro offers leveraged trading options on all CFD trades. However, the amount of leverage you can get will depend on the asset you’re trading. Here is a breakdown of the amount of leverage available for each asset on the eToro trading platform:
Product | eToro maximum leverage |
---|---|
Currencies | 1:30 |
Commodities | 1:10 |
Indices | 1:10 |
Stocks | 1:5 |
ETFs | 1:5 |
Cryptocurrencies | 1:2 |
*Trading with leverage is highly risky and can result in significant losses. We do not recommend that beginners trade with leverage.
What are the spreads?
The eToro platform offers floating spreads across all its account types, and makes its money from these spreads rather than commissions. This means that eToro’s profits are made from the difference between the price they charge for buying an asset (the bid price) and the price at which they will sell it to users (the ask price).
Here’s a breakdown of the spreads you can expect with an eToro account (as these are all variable, they are subject to change over time and depending on market conditions):
Product | eToro spreads |
---|---|
Currencies | From 1 pip |
Stocks | 0.15% |
ETFs | 0.15% |
Indices | From 0.75 points |
Commodities | From 2 pips |
Cryptocurrencies | 1% |
eToro trade sizes and limits
The minimum trade on the eToro platform starts at $10 for stocks, ETFs, and crypto, and goes up to $1,000 for most other assets. Maximum lot limits are not mentioned and vary according to the instrument traded. There are no restrictions on the number of trades you may place in a day.
Product | eToro minimum trade |
---|---|
Currencies | $33.34* |
Stocks | $10 |
ETFs | $10 |
Indices | $1,000 |
Commodities | $1,000 |
Cryptocurrencies | $10 |
*Using the maximum leverage available, 30:1, to make a trade worth $1,000.
Stocks
Which stocks are available on eToro?
eToro users can trade more than 3,000 stocks and ETFs (exchange traded funds), across 16 different countries. Here’s a list of the stocks available on the eToro trading platform from each of the most most popular exchanges around the world:
Country | No. of stocks on eToro |
---|---|
United States (NYSE, NASDAQ, Chicago) | 2905 |
United Kingdom | 286 |
Hong Kong | 135 |
Germany | 117 |
France | 100 |
Switzerland | 77 |
Sweden | 49 |
Spain | 42 |
Italy | 41 |
Netherlands | 35 |
Norway | 26 |
Denmark | 23 |
Finland | 20 |
Belgium | 15 |
Portugal | 3 |
Saudi Arabia | 1 |
What are the fees for buying and selling stocks?
Spreads start from 0% on selected popular stocks, while most stocks and exchange traded funds (ETFs are charged a 0.15% spread. ETFs may charge an additional management fee.
Crypto
What cryptocurrency pairs can be traded on eToro?
eToro users can trade more than 70 coins on eToro and each crypto is paired with the US dollar. There are also 14 crypto crosses, where you can exchange one coin for another.
Here is a selection of the top cryptocurrencies available on eToro.
Cryptocurrency | Cryptocurrency | Cryptocurrency |
---|---|---|
Bitcoin (BTC) | Cronos (CRO) | Compound (COMP) |
Ethereum (ETH) | Skale Network (SKL) | Chainlink (LINK) |
Bitcoin Cash (BCH) | Immutable X (IMX) | Uniswap (UNI) |
XRP (Ripple) | IOTA (MIOTA) | Yearn.finance (YFI) |
Dogecoin (DOGE) | EOS (EOS) | DASH (DASH) |
Litecoin (LTC) | Tron (TRX) | Aave (AAVE) |
Ethereum Classic (ETC) | Zcash (ZEC) | Filecoin (FIL) |
Stellar (XLM) | Binance coin (BNB) | Algorand (ALGO) |
Cardano (ADA) | Tezos (XTZ | Cosmos (ATOM) |
Polkadot (DOT) | Maker (MKR) | Decentraland (MANA) |
All cryptocurrencies are available in a pair with USD. eToro also offers a few crypto crosses, including BTC/ETH, BTC/XLM, and ETH/XLM.
What are the fees for buying and selling cryptocurrencies?
eToro charges a fixed 1% fee on all crypto transactions. The crypto trading fee is added to the market price when you open and close a trade.
Does eToro offer staking and rewards?
Yes. An eToro account gives you access to automatic staking, where the rewards are paid into your account every month without you having to do anything.
However, it only pays staking rewards on a handful of cryptocurrencies – ADA, TRX, and ETH – and charges a fee for the service. If you’re a Bronze account user, eToro keeps 25% of the reward; it’s 15% for Silver, Gold, or Platinum members, and 10% for Diamond or Platinum+ members.
You can also store some cryptocurrencies in the eToro wallet, which is separate to the main crypto trading account. However, eToro customers who store crypto assets in the eToro wallet will not earn staking rewards on those assets.
Forex
What forex pairs can be traded on eToro?
There are 49 currencies available on the eToro platform, including all major forex pairs. A healthy number of minors and exotics can be traded as well. Here are some of the most popular currency pairs for forex trading on eToro:
Currency pair | Currency pair | Currency pair |
---|---|---|
USD/AUD | EUR/JPY | CAD/CHF |
USD/EUR | EUR/NZD | CAD/JPY |
USD/GBP | GBP/AUD | CAD/NZD |
USD/NZD | GBP/CAD | CHF/JPY |
USD/CAD | GBP/CHF | NZD/CHF |
USD/JPY | GBP/JPY | NZD/JPY |
USD/CHF | GBP/NZD | USD/HUF |
EUR/AUD | AUD/CAD | USD/MXN |
EUR/CHF | AUD/JPY | USD/RUB |
EUR/GBP | AUD/NZD | USD/ZAR |
What are the minimum spreads for trading forex?
eToro forex fees are charged through the spread, and spreads on forex trading start from 1 pip on major pairs, such as EUR/USD and USD/JPY. Most major or minor pairs start from 2 pips. Exotic pairs may be considerably higher.
Commodities
What commodities can be traded on eToro?
There are 26 commodities in total on eToro. The options include precious metals, energy, and agricultural commodities. Here are some of the commodities available:
Commodity | Commodity | Commodity |
---|---|---|
Carbon emissions | Corn | Cotton |
Copper | Wheat | Gasoline |
Euro oil | Zinc | Lead |
Gold | Cocoa | Lean hogs |
Natural gas | Soybeans | |
Oil | Nickel | |
Palladium | Heating oil | |
Platinum | Live cattle | |
Silver | Aluminium | |
Sugar | Arabica coffee |
What are the minimum spreads for trading commodities?
The minimum spread is 2 pips. Oil and silver start from 5 pips, gold from 45 pips. The spreads are a lot higher for commodities with little trading volume.
Deposits & withdrawals
What are the minimum & maximum deposits?
The limits on how you can deposit money vary depending on where you live. For a majority of eToro customers in the US and UK, the minimum deposit is $10, while the maximum is $40,000. Here is a breakdown of the limits, depending on which payment method you use:
Payment method | Minimum deposit (USD)* | Maximum deposit (USD) |
---|---|---|
eToro Money | $10 | $250,000 |
Debit/credit card | $10 | $40,000 |
Bank transfer | $10 | No limit |
PayPal | $10 | $10,000 |
Neteller | $10 | $10,000 |
Skrill | $10 | $10,000 |
Rapid Transfer | $10 | $5,500 |
iDEAL | $10 | $50,000 |
Klarna/SoFort | $10 | $30,000 |
Trustly | $10 | $40,000 |
POLi | $10 | $10,000 |
Przelewy 24 | $10 | $11,500 |
Payoneer | $10 | $40,000 |
*$10 is the minimum deposit in the US. Values vary in other regions. The minimum first time deposit in the UK is $50, with $10 the minimum for all subsequent deposits. In Germany, the Netherlands, Italy, and Spain, the minimum is $50. In France the minimum first time deposit is $100, followed by $50 for all subsequent deposits.
What are the minimum & maximum withdrawals?
The minimum withdrawal amount on eToro is $30. There is no limit to the maximum withdrawal, you can withdraw as much as you hold in your account, minus any outstanding liabilities. Here are the minimum and maximum withdrawals buy payment method:
Payment method | Minimum withdrawal | Maximum withdrawal |
---|---|---|
eToro Money | $30 | No limit |
Debit/credit card | $30 | No limit |
Bank transfer | $30 | No limit |
PayPal | $30 | No limit |
Neteller | $30 | No limit |
Skrill | $30 | No limit |
Rapid Transfer | $30 | No limit |
iDEAL | $30 | No limit |
Klarna/SoFort | $30 | No limit |
Trustly | $30 | No limit |
POLi | $30 | No limit |
Przelewy 24 | $30 | No limit |
Payoneer | $30 | No limit |
What are the deposit and withdrawal fees and speeds?
Each withdrawal costs $5, regardless of payment method. Withdrawals to eToro Money accounts are instant, withdrawals to other accounts may take considerably longer. Here are the eToro withdrawal fees for each payment method:
Payment method | Withdrawal fee | Withdrawal speed |
---|---|---|
eToro Money | $5 | Instant |
Debit/credit card | $5 | Up to 10 business days |
Bank transfer | $5 | Up to 10 business days |
PayPal | $5 | Up to 2 business days |
Neteller | $5 | Up to 2 business days |
Skrill | $5 | Up to 2 business days |
iDEAL | $5 | Up to 2 business days |
Klarna/SoFort | $5 | Up to 2 business days |
POLi | $5 | Up to 2 business days |
Przelewy 24 | $5 | Up to 2 business days |
Payoneer | $5 | Up to 3 business days |
Fees & costs
How do eToro fees work?
eToro’s fee structure includes a range of different charges, depending on the asset you trade. Here is a breakdown of all the fees you might encounter:
Fee | eToro fees |
---|---|
Trading fees | Yes, on certain assets |
Inactivity fees | Yes |
Rollover/overnight fees | Yes, on CFDs |
Withdrawal fees | Yes |
Spreads | Yes, on certain assets |
Conversion fees | Yes, for non-USD currencies |
What are eToro’s trading fees?
eToro charges fees in the form of commissions and spreads, depending on the asset. Here is a breakdown of the charges for each investment product:
Asset | eToro fees |
---|---|
Cryptocurrency | 1% |
Commodities | From 2 pips |
Currencies | From 1 pip |
Indices | From 0.75 pts |
Stocks | 0% commission |
Stock CFDs | 0.15% |
ETF CFDs | 0.15% |
Platforms & usability
What devices can I use eToro on?
With a dedicated mobile app and user-friendly online platform, eToro offers several options for accessing the platform. eToro customers can log into and set up and use the stock trading platform on:
Device | Browser/operating system |
---|---|
Web browser | Chrome, Edge, Firefox, Safari |
Mobile app | iOS, Android |
Tablet | iOS, Android |
Mobile app
The eToro mobile app is one of the best trading apps available today and offers the same great user experience as the web platform. It’s free to download and is available on Android or iOS devices.
The eToro app is secured by two-factor authentication (2FA) and you can further secure it using your biometric data and lock it behind a fingerprint, if your phone allows it.
You can manage your account on the go and take advantage of all of eToro’s best features from the app. Set up a virtual portfolio and practice trading, curate your own social feed and copy other trades, and take advantage of charting and analysis data to come up with your own trade ideas.
Web trading platform
The most important question any user has is: How easy is it to use eToro?
eToro is one of the easiest trading platforms to get to grips with. It has been designed to appeal to new users and people who may not have traded before.
The web platform is intuitive and easy to use, with simple functions and a user-friendly layout. The platform has a very intuitive signup process and also offers a free demo account so new users can learn their way around without risking any of their money (we thoroughly recommend using this feature before starting to trade on eToro).

You can adapt the platform to your needs by curating a social feed, switching between real and virtual portfolio at the flick of a switch, and setting up a watchlist of assets you like. While it lacks a little depth of information at times, it makes for a super convenient social trading platform for the majority of users.
Desktop trading platform
eToro doesn’t offer a downloadable desktop platform. Nor is it compatible with third-party trading software, like MT4 or MT5, that you can download onto your desktop.
Key features
Copy Trading
One of eToro’s flagship offerings is its ‘Copy Trading’ service. This is a social trading feature that lets you choose specific traders to follow. With this, you can track their trading performance over a weekly, monthly, or annual basis. You are also provided with useful information and statistics such as average holding time, trades per week, news feed comments, and a profile description.

You can also follow accounts without copying and post comments or reactions on their social feeds. When copying an account using CopyTrader, you have full control over how much you are prepared to risk and the service is free. The overall feature ultimately creates a sense of community within the trading platform, as traders are encouraged to interact with each other often.
To further encourage top investors to allow copy trading, it has launched a Popular Investors program whereby top investors will be paid some amount (fixed amount or a percentage of AUM depending on the plan) every month. This incentivises top investors to participate and boost the platform’s overall engagement.
CopyPortfolio
CopyPortfolio are CFD-based portfolios (grouped funds, basically). Unlike in Copytrade where you might have been following a specific trader, CopyPortfolio lets you invest either in an eToro trader’s portfolio or in a theme. Investing in themes is exactly what it sounds like. For instance, investing in ‘Big Banks CopyPortfolio’ allows you to directly invest into a mix of assets including Bank of America, Citibank, HSBC, and other big banks.
Money Account
Separate and distinct from an eToro investment account, the Money Account offers the ability to use the platform much like a bank. An eToro money account is very similar to a checking account, in that it will hold your cash, convert it to other currencies, and you can both send and receive funds to any bank account (currently limited to UK bank accounts).
eToro club members can also obtain a Visa debit card, so they can spend funds in this account anywhere, anytime.
Safety & reliability
Is eToro safe?
eToro is a safe broker to use; it complies with multiple regulatory regulations in different jurisdictions, keeps clients’ funds separate from its own, and has rules to protect client data. This means you won’t find many safer online brokers than eToro.
eToro is a member of the UK’s Financial Services Compensation Scheme (FSCS) and Investor Compensation Fund (ICS), hence traders in this jurisdiction are protected for the maximum amount by each scheme (currently up to £85,000).
The broker also keeps your funds in a different bank account. This is important as eToro cannot use clients’ funds to operate its business. Segregated funds also add safety to users in case the broker goes bust, as client’s money is protected in tier-1 banks.
Apart from this, eToro carries investor insurance in EUR, AUD, and GBP denominated amounts should it ever go under and users need to be reimbursed.
Is eToro regulated?
Yes, eToro is regulated by several authorities across the world. Below are the licences and registrations it holds in each jurisdiction:
Region | eToro regulators |
---|---|
Africa | FSAS (Financial Services Authority Seychelles) |
Asia | – |
Australasia | ASIC (Australian Securities & Investments Commission) |
Europe | FCA (Financial Conduct Authority), CySEC (Cyprus Securities and Exchange Commission), DNB (De Nederlandsche Bank N.V.), AMF (Autorite des Marches Financiers), OAM (Organismo Agenti e Mediatori), MFSA (Malta Financial Services Authority) |
North America | FinCEN (Financial Crimes Enforcement Network), FINRA (Financial Industry Regulatory Authority) |
South America | – |
Customer support
eToro provides a customer service portal on their website where you can raise a ticket which will be resolved by a member of the support team within 24 hours. They also provide a live chat feature on the website for more urgent requests.
Support type | eToro customer support |
---|---|
Help centre/FAQs | Yes |
Yes | |
Live chat | Yes |
Platinum, Platinum+, and Diamond members only | |
Telephone | No |
What are the risks of using eToro?
With any investment there is the risk of losing your money. eToro makes financial trading and investing more accessible but a service that is so easy to use can ‘gamify’ the process, so you must be careful to do your due diligence before making any trade. Some more potential risks are listed below:
- Blindly copying other traders can lead to losses. Make sure to thoroughly research any eToro user you intend to copy from. CopyTrader shows you each trader’s annual return and includes additional information on their profile. Use that before you decide to copy anyone else.
- Trading with leverage can be dangerous. To trade with leverage you must deposit money, but the broker can ask you to increase that deposit at any time. Be very careful when using leverage as if you are unable to supply extra deposit, or the asset experiences high volatility, you can have your positions automatically closed and lose all your money.
- eToro has previously blocked trading on certain assets. During the GameStop trading mania at the start of 2021, eToro restricted trading on GME stocks to prevent any further buy orders. Being blocked from trading during periods of volatility can lead to financial losses.
Research & analysis tools
What trading tools are on offer?
For a broker whose primary demographic is new traders, eToro has a surprisingly large number of tools and charts for advanced traders. Here are some of the tools on offer:
Trading tool | eToro tools |
---|---|
Charts | Yes |
News feeds | Yes |
Analyst recommendations | Yes |
Fundamental analysis | No |
Financial calendar | Yes |
Procharts
Procharts is a professional grade technical analysis tool that allows you to perform your own analysis and track a range of indicators across different timeframes. Choose from 50+ technical indicators and plot your analysis on web or mobile.
News feeds
Each asset has its own news feed that posts the latest relevant updates from networks around the world. Each piece of news is assigned a rating – positive, negative, or neutral – so you can get an idea of what it might mean for the price at a glance.
Analyst recommendations
Each asset page provides the latest analyst recommendations, where applicable, alongside market research. You can see the latest analyst upgrades or downgrades for each stock, assess the latest crypto market research, or see the trending sentiment for currency pairs and commodities.
Financial calendar
eToro provides an economic calendar where you can find upcoming financial events, such as quarterly earnings reports or government data releases. You can look through consensus forecasts about the impact of each event and compare it to the actual results of previous releases.
Education & learning resources
What educational resources are on offer?
The eToro “Learn More” section offers a plethora of news articles, analysis features, and financial market guides. Here is a summary of the resources on offer:
Educational resource | eToro resources |
---|---|
Demo/virtual account | Yes |
Video tutorials/webinars | Yes |
Walkthrough guides | Yes |
Copy trading | Yes |
Trading academy | Yes |
eToro Academy
The eToro Academy is a one-stop shop that contains a vast amount of educational material. There are video courses that explain the basics of how to invest, and how to use eToro. There are blogs and guides that dig into difficult concepts and explain them in simple terms.
While the majority of content is aimed at beginners, there are some videos and webinars available for advanced users as well. So even as you progress on your investing journey, there’s always something new to learn.
Demo account
The eToro virtual portfolio hands you 100,000 virtual dollars to trade with. You switch it on in the settings, and then trade through the same trading platform as real money accounts.
It’s one of the best demo accounts out there, one that gives you the best chance to practice and keep track of your performance to see what works – and what doesn’t.
CopyTrader
CopyTrader is one of eToro’s big selling points and it can be used as a training tool as well. By following successful, experienced traders from your social feed, you can learn the strategies that make them tick.
It means you can start off by copying their trades to your own account and gradually develop your own strategies to take more control of your money.
eToro review verdict
Overall, our eToro review reveals it’s one of the best CFD trading platforms in the business and most innovative trading platforms overall. It offers 3,000+ assets, including all leading stocks and cryptocurrencies, and is one of the most user-friendly brokers you can find.
The crypto trading platform could offer a few more assets to trade, but what it lacks in this respect and in advanced features, it makes up with innovation by offering a comprehensive social trading and copy trading experience, where eToro users can follow trades from experienced pros. In addition, commission free trading on stocks is something most brokers do not offer.
At the end of the day, if you are looking for a social trading broker, then this is the best platform for that. While the fees are a little higher than some other platforms, they’re far from unreasonable considering how well designed and respected the broker is. More experienced traders might consider looking for a service that caters more specifically to experts – but new investors and retail traders won’t find many better options than eToro.
79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Methodology
When we review a broker we create a standard account and perform a series of tests to understand how it works. The tests include making a deposit and withdrawal, placing a buy order, and contacting customer support. We then attempt some more advanced actions, such as shorting or placing a leveraged trade.
We rate how the broker performs for each action on a scale, based on how easy and intuitive it is, and whether there are any restrictions. The design of the website and cost of each action plays into the final ranking. We then attempt to do all of the same actions from a mobile device.
Once we have an rating for each category, we research the broker online to find customer reviews and to answer any other questions we might have. All those factors combine to give the final rating out of five stars.
eToro-provided disclaimer
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
FAQs
eToro is owned by the eToro Group Ltd. based in Tel Aviv, Israel. It was founded in 2007 by Ronen and Yoni Assia together with David Ring.
eToro makes money through spreads applied between its bid and ask prices, rather than through trading commissions. It also charges various fees for overnight trades, withdrawals, and a monthly fee on inactive accounts.
Taxation depends on your country of residence. It is advisable to check the tax regulations in your country to determine any tax applicable to you. In the UK, profits from financial trading can be subject to both capital gains and income tax.
Yes, eToro primarily offers CFD trading on over 2,000 instruments across six asset classes. Additionally, it also allows eToro users to trade stocks and ETFs directly.
Simply log into your account, go to the ‘marketwatch’ section on the web platform or eToro mobile app, and click on “Sell at Market”.
One can access the self-service account closure link at the bottom of your Account Settings page and follow the instructions from there. You will have to withdraw all your funds first.
Short selling on Etoro is only possible when trading CFDs. To short a stock or asset you sell it with the expectation that it will subsequently fall in price – then you buy it back at the lower price and pocket the difference.
You first have to go to the eToro website and click ‘log in.’ If you enter an incorrect password, then a forgot password option will appear. Click on it and the registered email address will receive a link to reset the password along with instructions on how to get back into your account.
Yes, PayPal is one of the withdrawal methods available on eToro. Read the rest of our eToro review to find out what other payment methods are available.
All your open trades are processed in real-time and will be visible in your trade history. You can access them once you log into your trading platform again if your browser crashes.
In the event that eToro ceases operations altogether, traders in certain jurisdictions (such as the UK, Cyprus, Australia, and Seychelles) will get any amount under $250,000 compensated under various compensation and insurance schemes of which the broker is a member.
Yes, you can access your full trading history once you are logged into the trading platform on either a browser or the eToro mobile app.
No, eToro does not accept payments in Cryptocurrency. Read the rest of our eToro review to find out what payment methods are available.
Yes, eToro continues to offer bonuses from time to time. Currently, it offers a referral bonus of $50 after a minimum of $100 has been traded by your referred trader.
This program is available to eToro users under FCA regulation.
Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >
