eToro Reviews & Product Details
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 |
|
|---|---|
| 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 |
eToro Pros and Cons
- More than 2,700 stocks and shares to choose from, and hundreds of cryptocurrencies.
- Social features for trading guidance and support.
- Smart portfolios to help you build your assets easily.
- Withdrawal fees can be expensive.
- Inactivity fees are applied after 12 months.
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!