Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

All Customer Reviews & Comments about eToro Forex broker

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Jeff morgan 22 June 2023

Advantages: lowest fees

Disadvantages: the support team takes too long to reply.

Comment: Overall not bad, but have some things to fix in order to become excellent.

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Brian Anderson 03 January 2023

Advantages: Great for social trading Licensed by FCA Unlimited demo account

Disadvantages: None

Comment: This broker is definitely the best one if you want to use social trading as your strategy, and I don't regret choosing it. I started with a demo account there, and I can say that if you want to give trading a try in a pressure-free environment, it's a great option for you. It actually provides better trading conditions than most competitors. Also, I've never had any problems with the withdrawal, and that'snot something that every broker can provide.

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Jackson Males 04 October 2022

Advantages: Optimal conditions for novice traders who get access to tested Expert Advisors The full package of services is available to the client regardless of his account balance Insurance of the client's funds due to the broker's participation in the investor compensation fund

Disadvantages: No

Comment: Over the past few months, I have started using bonuses to top up my account. At first, somehow I did not believe in the bonus system and refused bonuses, I thought that it would only confuse everything. Then I decided to try it anyway and, you know, I liked it. Now I'm trying to work out lots so that the bonus can be withdrawn later. This both stimulates and motivates - I began to devote more time to trading and it seems to me that the results only got better from this. You can take a bonus for each deposit. It turns out that the depot increases by one and a half times. True, the shoulder is now only up to 1:200, but I haven't taken a bigger shoulder before - it's risky to work with a shoulder of 1:1000. I thought at first that I would withdraw more often, but now I've changed my mind, it's still worth leaving a profit - the purpose of the depot is to increase.

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Steven Bennett 06 June 2022

Advantages: Demo account Profitable affiliate program Quick withdrawal of earnings No slippage and broker commissions

Disadvantages: There are not enough communication channels with technical support

Comment: I have advised all my trader friends to work in etoro for a long time. Most agreed and are trading quite successfully here. People like the possibility of copying other traders and trading cryptocurrencies the most. This is especially easy to do and especially convenient

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Kian Nicholls 25 March 2022

Advantages: Instant execution of the order Trade execution with less friction Access to a larger trading audience by increasing the number of applications for trading through the blockchain platform and reducing deadlines.

Disadvantages: A 24-hour delay before your order reaches its destination, again due to security measures taken on blockchain platforms.

Comment: This is one of the types of trading brokers that is part of a side line of trading brokers in the forex market/stock exchanges. It provides services on the most popular and leading stock forex exchange websites that offer fixed benefits such as investment capital markets, partnerships, promotions, bonus programs, etc.

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Oscar Foster 21 March 2022

Advantages: Low fees and giving you a place to store your money that cannot be accessed when you retire.

Disadvantages: However, some disadvantages include, among others, limited opportunities, lack of margin, short-term profit and loss limits.

Comment: Despite the fact that using this broker has many advantages, it is still debatable whether the advantages compensate for the disadvantages. Since the risk reward has been reduced due to lower-than-average fees for physical market instruments, this makes it harder for traders to engage in more profitable activities without excessive risk.

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Bora Taşlı 01 March 2022

Advantages: Regulation of CySEC, FSA, ASIC Individual approach A wide selection of tools Protection of customer funds Learning opportunity Security and transparency

Disadvantages: No

Comment: I started trading in eToro earlier. Comparing the situation now and the one that was a few years ago, I can say with confidence that there is a big difference. Now eToro is very focused on crypto trading, although previously it was completely a forex broker. It is clear that almost all brokers are introducing new cryptocurrency trading tools. Well, the availability of licenses from serious regulators on the one hand increases confidence in the broker, on the other hand, tightens the conditions.

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Matthew Birch 06 January 2022

Advantages: Commissions are significantly lower than those of other brokers => reduces the total costs incurred by the user (in terms of commissions) Available to all customers across Europe The ability to place limit orders and set self-sustaining stop losses.

Disadvantages: Not all forex spot pairs are offered => restrictions

Comment: High leverage and spreads allowed me to make a big profit in a short period of time. I found that the offered spread was competitive in most cases, which meant that I had no problems making money with this broker.

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Michael Stephens 04 January 2022

Advantages: Simplicity of the platform Low parameters of trading levers Available minimum deposit Affiliate Program Demo account Broker reliability

Disadvantages: Not enough information on the site

Comment: I tried this forex broker for the first time and the first pancake did not turn out to be a lump. The broker helped me make a lot of money on the forex market and I am in a tangible plus, so far, at a distance of three months.Also, a significant advantage of this broker is that the money is withdrawn within half an hour, and most often within 5-10 minutes. Well, let's see if I'll be in the black at a distance of a year or more.

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Harold Bosch 30 November 2021

Advantages: This is a decentralized cryptocurrency broker with no commission, which has an undeniable advantage in spreads. In addition to this, ETORO offers a high leverage of up to 500:1, which is higher than the 30:1 offered by most traditional brokers. The absence of a centralized platform means that there are no restrictions on trading instruments and conditions. This is especially advantageous when it comes to scalping, which ETORO supports due to its low spread and high leverage.

Disadvantages: On the other hand, ETORO is less convenient for beginners due to the complex trading environment and lack of customer support. Newcomers may also struggle with different time zones to participate in global arbitrage opportunities.

Comment: ETORO - offers traders the best trading experience with a wide range of trading instruments, favorable spreads and leverage, as well as low conditions.

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Dave Farrow 29 November 2021

Advantages: It provides many different trading tools and has a very reasonable spread for scalping trades. However, the transaction execution time can be slow due to the high load on the servers, which makes it difficult for traders who need to take advantage of small price changes in markets such as forex, or stocks that are traded very often.

Disadvantages: ETORO spreads are low, which is great for scalping. However, the transaction execution time may be slow due to the high load on the servers. ETORO is not regulated by any regulatory agency because it does not store its customers' money.

Comment: ETORO is a popular forex broker offering a variety of trading tools and conditions. ETORO also supports scalping and leverage trading, but it doesn't have a mobile app.

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Luciano Palumbo 26 October 2021

Advantages: Quick withdrawal of money, a lot of assets, the ability to buy shares in fractional parts for $50. Ready-made briefcases.

Disadvantages: They charge a lot for withdrawal. Hidden commissions when withdrawing up to 10% over 5% of the declared ones. Various errors when opening orders. The caliper is not responding. The broker does not participate in deposit insurance systems (such as FDIC or SIPC).

Comment: A normal broker, they have many different assets, because the stock markets of almost all countries are represented: the United States, Europe and Asia. There are a lot of cryptocurrencies, trading on them is like on exchanges. The only and huge disadvantage is too large commissions for transactions and withdrawals. And also inconvenient lots for trading.

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Victor R. Smoot 02 September 2021

Advantages: The main advantage is reliability. In addition, I liked the fact that they have good trading fees (commissions are built into the spread, 1.6 pips is the price for the EUR/USD pair) and a simple, fast account opening. The support is very high-quality, they respond quickly and are very polite and helpful.

Disadvantages: It has a limited product portfolio.

Comment: The broker is not for beginners. The minimum entry threshold is high.
Trading and investing in the main equity and ETF fund markets is available. There are not many ways to deposit and withdraw money, but there are popular methods such as WebMoney.

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Daniel Petkov 23 February 2021

Advantages: ---

Disadvantages: More and more people are not receiving their withdraw money.

Comment: Dosent matter how good Etoro looks , once you want to WITHDRAW your god damn money you're basically throwing dices. I havent received my funds after 2 months, and the support is utterly useless and refusing to help. I've met a lot of people with the same issue

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agung 27 October 2020

Advantages: Reliable

Disadvantages: Nothing found

Comment: I have been an eToro customer for 16 months now and I’m an absolute satisfied client. I’ve read a lot of negative reviews about this broker, and I don’t understand why. It’s one of the biggest brokers out there, known for its reliable social trading platform. My own experience has been very good, and I intend to stay with eToro for many years ahead.

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Fatir 14 October 2020

Advantages: Nice platform, user-friendly

Disadvantages: Freezing sometimes

Comment: Been a customer of eToro for 1 year and a half now. Their platform is nice, although I experience a few issues sometimes, like it freezes. I understand if it happens during volatile market conditions but sometimes it happens during normal market conditions too. But I like their dashboard, very easy to use, and I can invest in many different financial instruments.

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danny 22 September 2020

Advantages: 5 STARS

Disadvantages: None

Comment: I really like eTor's social trading. It allows me to get insights from other traders from all over the world. I also get to exchange ideas with them, which allows me to grow as a trader. Trading conditions with eToro are one of the best in the business, plus they have superb trading platforms, my trades are executed fast.

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Goodie 15 September 2020

Advantages: easy to use platform

Disadvantages: Inconsistent traders

Comment: eToro has an easy-to-use platform, which is good for beginners. It's also packed with useful features - their copytrading option is interesting. But based on my experience, the high-rated traders I copied from were inconsistent, far from their rating displayed in the platform. Also, they charge expensive fees.

Overall, it’s not a bad platform, but don’t get blinded on the rating of traders. I didn’t stay in eToro too long because of the above-mentioned issues.

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Jocey 28 April 2020

Advantages: good social trading platform

Disadvantages: no mt4

Comment: I started trading with etoro in 2017, though I’ve only made small deposits every now and then. Overall, I find etoro a reliable trading service provider. There’s no issue getting money out of my trading account, and my friends could say the same thing.

I would have rated them a perfect 5 but they don’t offer the MT4 trading platform, which I'm more comfortable using. Nonetheless, I like etoro and its social trading platform. Lots of professional traders to choose from.

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mikael 14 April 2020

Advantages: Best social trading

Disadvantages: NONE

Comment: I dont understand the hate towards eToro. To me it’s one of the most credible social trading providers in the market. I’ve been a customer for almost two years now and it’s been really a hassle-free experience.

No problems in withdrawing my funds through paypal - it gets into my account within 24 hours. I’m really a fan of their social trading, it allows me to copy trades from more skilled and experienced Forex traders from all over the world. For beginners out there, I’d recommend trying it cos it’s really a big help in knowing the ins and outs of trading without much knowledge. But of course, no one should solely depend on such a platform. Over time, you’d have to trade on your own.

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Маргарита Саленко 20 March 2019

Advantages: Lot

Disadvantages: No

Comment: When considering how to choose the best Forex broker in 2019, one must understand the currency pair offering, account details (initial deposit, deposits/withdrawals, commissions/spreads, leverage, and margin), customer service, regulatory compliance, and trading platforms. Before selecting the best Forex broker, one should also invest time in reading reviews from that broker’s previous and current clients to have a sense of gauge how they fared when providing Forex services to people. Trading with the right broker is vital for a successful currency trading.

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Clark Devlin 27 June 2018

Advantages: Cryptocurrencies, 50 dollars for start, low commission in withdrawing money

Disadvantages: tech support answers for a long time

Comment: This is a good broker, I like to work with him. Here everything is fair, I like the absence of cash commissions. Only technical support here for a long time responds.

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Fill Maysah 20 November 2017

Advantages: a lot of trading signals and tools, fast conclusion, minimum deposit 50$

Disadvantages: no mobile apps

Comment: I really enjoy working with this broker, everything is at a high level. Just do not have enough mobile applications.

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Johnny Mackses 12 November 2017

Advantages: honesty

Disadvantages: I think no

Comment: I've been trading with Etoro for 3 years already, and I can say that I made a lot of money, they always have their conclusions automatically within 30 minutes on a bank card and on electronic wallets. I have never been there to delay the withdrawal. There were a couple of moments when you think that you are being watched and knocked down by your account, but then you looked at prices from other brokers and the prices were the same. For the first time I invested 800 dollars, and I was afraid that this money would come, but in reality I ran into a partner who, until now, has helped me to earn good money.

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Bob Nixon 29 October 2017

Advantages: fast conclusion, a lot of trading signals and tools

Disadvantages: No MetaTrader

Comment:
Suitable for short and medium term, the benefit of spread, on major currencies, almost does not expand even on news. The conclusion is fast - within two days. The web platform had to get used to, but there everything is quite intuitive.

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Luc Presson 28 October 2017

Advantages: no commission fees, automatic trading capability, a lot of trading signals and tools

Disadvantages: absence of MT4

Comment: This is an excellent broker for beginners. It was very convenient and profitable for me to work with this broker. The first deposit here is small, many trading positions and tools. There are no commissions and the operation is quickly executed.

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Larry Sagnard 11 April 2017

Advantages: Social trading

Disadvantages: No metatrader, high spreads

Comment: eToro is great in social trading, but their trading conditions are not the best in the industry. Their spreads are definitely higher and they don't have as many trading opportunities.

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Peter Eastep 31 March 2017

Advantages: Social trading, automated trading, plenty of tradable instruments

Disadvantages: No MetaTrader

Comment: eToro is a great broker generally and their services are excellent, I just wish they had MT4, that takes away one star. Otherwise, everything about them is great, they have plenty of stocks to trade and forex too, the social trading network is definitely a plus

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Graham 26 March 2017

Advantages: No commissions, plenty of trading signals, quick execution and withdrawals/deposits

Disadvantages: No MT4, spreads are quite high compared to other brokers

Comment: Anyone in the US looking to trade should definitely try out this broker because they can be trusted and have great services. Lack of the metatrader platform is a disadvantage because that's what I'm used to, and I'm still learning to use the webtrader. I'm just glad I could find a broker that takes US citizens

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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.