eToro

Written by How we review

eToro is a well‐regarded forex broker and multi‐asset platform offering broad access to currency markets via web and mobile trading. It provides social trading features, research, and education within an integrated interface and straightforward account management.
Start Trading

Key facts

#8
Trust rank
2007
Founded
8
Licences
217
Countries accepted
HeadquartersIsrael
Broker typeMarket Maker
RegulationASIC; CySEC; FCA
PlatformsProprietary
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, Metals
Fee levellow

Updated

Pros

  • • Tier-1 regulation (FCA/ASIC/CySEC)
  • • Negative balance protection
  • • Built-in social/copy trading
  • • Multi-asset CFD account
  • • Spread-only FX pricing

    • Cons

  • • Higher spreads than ECN/STP brokers
  • • No MT4/MT5 or third-party platform support
  • • Market-maker execution (not true ECN/STP)
  • • No guaranteed stop-loss orders
  • • Withdrawal and currency conversion fees

    • Key Features

  • • CFD forex trading on majors minors and exotics
  • • Regulated by FCA CySEC and ASIC with segregated client funds
  • • Social copy trading CopyTrader and Smart Portfolios
  • • Proprietary web and mobile platform with ProCharts and economic calendar
  • • Risk management orders stop loss take profit and negative balance protection
  • • Two factor authentication and KYC AML security controls

    • Similar Brokers

    Where This Broker Ranks

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

    See something wrong on this page?

    Report an issue with this broker listing

    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

    Affiliate disclosure: Some links are affiliate links. We may earn a commission if you sign up, at no extra cost to you. This helps keep BrokerCatalogue running and does not change how we rate or compare brokers.

    Frequently Asked Questions

    The broker operates under licenses in multiple regions. You open an account with a local entity based on your country. Client money sits in separate accounts from company funds. Retail clients may receive negative balance protection where local rules require it. You can view your entity, terms, and disclosures in your account settings and legal pages. This helps you see which protections apply to you and how safeguarding and complaints processes work in your region. All information here is general and not financial, legal, or investment advice.

    You can trade a range of currency pairs as contracts for difference, depending on your country. Availability varies by region and your profile checks. A standard retail account suits most users. A professional status may be available if you meet set criteria and accept lower protections. A practice account lets you learn the platform with virtual funds. Trading hours follow the global forex market. Check the instrument list in your platform to see what you can access and any local restrictions. This is general information, not advice.

    You pay a spread on each trade. If you hold leveraged positions overnight, financing may apply. There can be conversion costs when your account and trade currencies differ. Account charges can include withdrawal and inactivity fees. The exact schedule depends on your entity and region. You can see live costs in the trade ticket before you place an order and review non-trading fees on the fees page in your account. Costs can change, so you should check them before you trade. This is general information, not advice.

    You use a proprietary web and mobile platform. You get charts with popular indicators, watchlists, price alerts, a news feed, and an economic calendar. Order types include market, limit, stop loss, and take profit. You can set risk controls per position and at the account level. The platform does not support third-party terminals. You can export account history and download statements. Feature availability can vary by region and instrument. This information is general and not financial, legal, or investment advice.

    You can allocate funds to mirror another user's trades in real time. Your positions open and close in proportion to your allocation. You can pause or stop at any time, adjust limits, or remove single positions. Past results of other users do not predict future results, and you can lose money. Review each profile, strategy, drawdown history, and risk score before you copy. Copy features are tools, not advice. Availability and limits depend on your country and account status. This content is for general information only.

    Still comparing?

    See our full list of forex brokers and find the best fit for you. Use our forex broker comparison tool or visit all brokers page.

    Share this review

    Help other traders choose wisely.