eToro Review

Trading Platform

eToro WebTrader is a web-based trading platform loaded with community trading features and technical trading tools.

Account Features

Account Types

You can get started with using a practice account funded with $10,000 of virtual money to get the feel of their trading platform. Just upgrade to a real account when you feel comfortable operating in a live trading environment and can fund it comfortably.

Deposits

the following methods are available for funding real accounts: Credit Card (Visa, Master Card and Diners Club, AMEX), PayPal, Neteller, MoneyBookers and WebMoney. You can also fund your account via Western Union, MoneyGram and Wire Transfer with a minimum deposit of $200.

Withdrawals

You can take out funds the same way you deposited them. Withdrawals typically take five business days.

Dealing Parameters

Spreads

Forex spreads vary from two pips to five pips.

Order Types

You can enter a variety of order types, including: market orders, limit orders, entry stop and entry limit orders, and stop orders.

Additional Features

Market Information and Trading Support Tools

the site provides all major tools required to support forex trading, like Forex calendar, market news, charts and much more.

Training Aids

Include a Forex Training Guide, the eToro Forex Matador course that is provided in both a written and a video version to real account holders, the eToro Education Center, a Forex Glossary and a Trading Platform Guide.

Disclaimer

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% 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.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
eToro USA LLC does not offer CFDs and neither does it represent or assume any responsibility for the accuracy or completeness of the content of this publication, prepared by What is Bitcoin, as a partner, using information available and public and not specific to the eToro entity.