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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.
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| 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.
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 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.
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.