Recognized as one of the best crypto exchanges and trading platforms, eToro is known for being an easy-to-use trading platform preferred by beginners. The platform allows you to base trades off another trader so you can get started if you’re still figuring out how to go about your investments. The platform offers more than 2,700 stocks and shares, on a platform that is very easy to navigate and accessible via mobile devices and desktop computers. eToro also lets users invest and trade with CFDs, ETFs, and stocks.
Segment |
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Deployment | Cloud / SaaS / Web-Based, Mobile Android, Mobile iPad, Mobile iPhone |
Support | 24/7 (Live rep), Chat, Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support |
Training | Documentation |
Languages | English |
The visual design is better than almost anything else on the market.
The biggest downside to the platform is that not all tickers are available, and that markets are sometimes closed for opaque reasons.
eToro is a great way to start out or get into trading, especially with a social element.
What I appreciate most about eToro is the learning feature. They share articles and information to allow their users to continually learn and increase their understanding of Trading and currencies.
I do not really enjoy technology in general, however this site makes it much easier.
I am closing a gap in my understanding of cryptocurrencies, investing in a new way.
Ease Of Use, Support Tools, Updates provided
As Such I am still working on it nothing now to dislike
I’m just using it to earn something extra and it is helping me doing that
The best of eToro is the simple way to trade, is very intuitive mode. the way to access is very fast and secure.
I dislike the connection between eToro and the wallet to high the limit to transfer bitcoin from eToro to the wallett.
I have solved a little problem for the documents (personel documentation like passport etc.)
eToro has the most known companies that one can invest in. Also, the minimum threshold is only 200$ which is acceptable for a beginner with a small budget. Last but not least, eToro provides a cool feature called "trailing loss" which dynamically sets the closing price of the stock. Recently, eToro added more markets which gives more choices to users. Another feature that this trading platform provides is copying other users which makes it easy for beginners to trade by copying other users.
A lot of hidden fees, for example, when withdrawing money a fee need to be payed about 20$. Also, when we try to change the "Stop loss" a fee will be deducted from the available balance. A minimum of 500$ is required to open a new trade with a leverage X1 which is a high threshold. An annoying thing I should mention is people how are promoting themselves to get more copiers and filling the feed with their portfolios results ...
eToro helps in making trading easier. In fact, with some clicks, you can open positions in different companies. eToro helps me to learn how to trade and follow the stock market and get an insight into how the stock market evolve.
Not a thing. I could say you can find your way around the app easily, but it's not that easy. You have to spend quite some time on it.
I tried using eToro first without making any deposits. Since I've used a few other platforms that caused issues when withdrawing funds and in different situations, I wanted to try the eToro's virtual account out first. I've run into problems like when I tried to change my password, no eToro platform will allow it, not the site, not the app. I've sent SEVERAL messages asking eToro to help me out, but they just send me automated replies saying they're not going to help me until I've deposited some money. But honestly, I CANNOT make any deposits if that's the message they're sending me.
The problems I've had are still there. EToro will not reply to me until I've made a deposit, but as I said previously, I DO NOT feel comfortable depositing money to a company that's clearly not willing to help out a prospective customer one bit. I DO NOT RECOMMEND ETORO!
I love eToro for its social vibe, connecting me with traders from different backgrounds. The cool part? Copying from pros who use their own money. As per eToro's rules the accounts that you can copy are not Demo.
There are some stocks and assets I would like to see them added in the near future.
Accessibility to professional traders that I can copy. Also most of the markets I trade are available on eToro.
The design of the app is very nice. it has the news about stocks and cryptos
the overnight charge when you trade in forex i hope they remove it
it has everything in one app from stocks , forex to cryptos
The UI is very simple and intuitive. The commissions are low than expected. Very easy to follow on investors open positions.
The Technical Analysis some times doesn't work. I really don't like the short notice on maintenance works.
Small long term investments Making stock portfolios for future investments
The presentations of the thing in the platform is a very good way to control all data in your account.
Nothing to remark in negative about eToro, is good thing.
I'd tried for the very first time in my life to invest in stocks. I has been a good experience, and I've earned some dollars, but i've been tried just for curiosity and fun.
I like that Etoro's platform is intuitive and easy for people who may not have experience with other brokers or who are starting in the world of investments, we must remember that the broker is only the intermediary between the owner companies or stock exchange, it does not mean that by entering our money we will become rich overnight.
Like most brokers the Swap costs and commissions in some operations can be quite high so if you do not have good knowledge of the StopLoss or amount of lots or investment to make you can lose a lot of money, however you must train yourself before entering.
It has allowed me to diversify my savings, with a lot of responsibility, that is to say, I took part of my savings and I have been investing it in different stocks, withdrawing partial withdrawals, so it is a good solution to obtain returns, but remember that the risk is also great as you can obtain good returns you can also lose them.
eToro is one of the most helpful apps for people like me who want to start and explore the investment market as it is very user-friendly and easy to set up. It has improved a lot since I used it and has most of the stocks and crypto available. The best and the handiest feature of the app is the copy portfolio. You can copy the best traders if you do not wish to brainstorm and know much about the investment. I just love it as it has worked great for me till now
eToro mainly has issues with big volumes on trades . For me its not an issue as I am a long term investment person. dont have much to dislike as I did not face any issue till now.
It is quite easy to use; buying and selling is instantly done as compared to the other platforms I have used. Depositing money is easy and even got my money paid out perfectly. Would highly recommend it :)
The best thing about this trader platform is its simplicity, very easy to master and execute, and provides the opportunity to have a demo account to practice with fictitious money
high commission charges are almost impossible to pay for someone who is starting as in my case, for each withdrawal there is a percentage that is left to the company, of course with high monetary performance it could be paid but they are not always the case
This field has a lot of difficulty, but with etoro it can be handled much simpler as a professional trader, this tool is very useful for those who start
Easy to use, broad and comprehensive information about financial products, easy to invest, and easy to get money back. I like the interface too and all the analytic data that offers
It's not for expert traders. It's more simple. Another problem is that it doesn't support wire transfers to Colombian banks to get your money back, so you have to receive the money through Paypal or your credit/debit card only
An easy way to invest my additional monetary resources.
eToro offers several benefits to traders and investors – the following three add the most value to my investment goals. eToro makes it easy for me to trade different financial assets, such as stocks and exchange-traded funds (ETFs) listed on the NYSE and NASDAQ and cryptocurrencies, which would have otherwise been challenging or a hassle for me as I live in Southeast Asia. The sign-up process was straightforward. Trades are done in real time, and I have not encountered any issue over six months of trading activity. Another feature I like about eToro is that it offers different ways of depositing funds into my eToro account, including wire transfer, credit/debit card, and PayPal. Not many online trading platforms accept PayPal deposits; the fact eToro does was one of the reasons why I decided to join. eToro offers a range of services and tools according to the customer's membership tier, which depends on the customer's realized equity. As an eToro Platinum+ member, I especially appreciate the complimentary digital subscriptions to The Wall Street Journal and The Financial Times Standard Edition. Both publications provide insightful news and editorials.
Although eToro facilitates trading on several different stock exchanges, I have found that not all stocks and ETFs listed on them can be traded on eToro. This issue is not a significant issue for me as most, if not all, companies with the largest market capitalizations can be traded on eToro. If an ETF in which I am interested is not available for trading on eToro, I am usually able to find a similar alternative ETF that is.
With eToro, I can easily trade stocks and ETFs listed on the NYSE and NASDAQ, as well as cryptocurrencies – as a trader and investor in Southeast Asia, trading and investing in these financial assets would have been more difficult otherwise. The ability to deposit funds into my eToro account by different methods, including PayPal, is convenient. Finally, the digital subscriptions to The Wall Street Journal and The Financial Times as perks of my Platinum+ membership are value-added benefits I appreciate.
I like the ease of signing up and confirming the identification process. You can start fast and it is easy to navigate through the options as well on the computer or the phone. It is always working. Easy to make a purchase or a sale. There is a great network of traders that you can copy and choose from. Very low fees or there are no fees sometimes. You can get the money out fast and back to your bank account in a respectable time period.
Disabling the eToro account if you are just temporarily in another country... for me was a difficult process to set it up again. There is too little regulation on the people you can Copy on the trades as you don't know if that is their full time or part-time commitment and it is hard to find a good person to follow. When the opening and closing position there is a little fee every time.
I solved the problem of investing and putting money to a tool that it can grow it if I didn't need it to be easily accessible.
what I like the most about Etoro is the copying trade from professionals feature that makes it easier for non-professionals to trade. Even better it' s withdrawal fees are so low compared to other trading websites. I also like the fact that I can see what other traders are doing, their trades, and their profile.
I really don't like the fact I have to wait for three to five days to receive my money. Etoro trading currency is only in US dollars. I'd wish they introduce other currencies especially for traders in Africa.
I have been looking for alternative means of earning a livelihood and Etoro helped me do it. I'm now earning extra money just working at home and on the move as I do the things I love most; traveling. I realized I didn't have to have knowledge on forex trading and waste all my time trading while I can just copy trade from other experienced traders. it's so easy.
I found the way they structure their information and tools on the dashboard really easy for a beginner to get started. I am not saying you are going to make millions by using eToro, but they would certainly help. I have tried many other brokers, some with success and some not. What I found a constant in their approach to trading. Apparently it is a norm to expect the traders to graduate from wall street. There are too many jargons and ropes and whoops that the little guys who just want to learn and invest his time and whatever funds he has lying around. eToro is the best platform for them. It is so intuitive.
The fees of course! I have found them to be some of the highest charging brokers. Transactions and withdrawals as well. There is nothing much to dislike. One thing they could do is to improve their web trading app for speed. It is sometimes shaky with slow internet connections.
They helped me break the ice and get my start into Forex. I really like their gamification and social trading approach. They are thinking out of the box. Their customer service is very good. I was even contacted over the phone when they couldn't resolve my issue over emails.
I like the platform because it´s user friendly and easy to use for people starting in the investment world, it offers the option to follow some experienced traders and copy their portfolio, you can also invest in some cryptocurrencies that are available like bitcoin. You can also follow a miz of trader or company sectors recommended by the tool. I feel the fees are ok. The onboarding process was easy to follow and I was able to invest immediately after the deposit was made. I love the option of virtual portfolio, it gives you the option to test the tool before using real money. I recommend using the virtual portfolio first to learn how to use the tool and then to invest your own money on the platform itself. The mobile app is user friendly as well as the web-based platform. I wanted a tool I could invest some money without the need to check daily, i is working for me as a social trading app and a midterm long term investment strategy. I donñt have daily trading knowledge. so it fits my needs in a great way
i feel the documentation and user guides can be improved, the crypto trading can be improved as there ate not enough options to choose from, only the most popular ones. The risk score is not clear and sometimes is confusing
i´m able to invest some money following the steps of more experienced investors and traders
I like the fast set up from the downloading the application to setting up the account and verifying it. This is all done simple over the phone or computer. Once this is set up adding the funds is easy and there are lots of options available, from bank deposit to direct top-up and so on. After you are verified it is easy to start trading and navigate around.
Sometimes it is hard to find specific trades or good people to copy trade. There is a bit too little education material and as a newbie you could be a little bit confused where to start and what to be careful of. The fees at some trades can be high and the stop option is sometimes not clear enough and can lead to loss of money if you don't exactly know how to do it properly.
Investing the extra money for long term growth. Copy trading and saving time. Alternative to bank.