eToro is a pioneering social trading platform that revolutionized retail investing with its CopyTrader feature. Founded in 2007, it serves over 30 million users globally and offers margin trading through CFDs on stocks, crypto, forex, and commodities. eToro is particularly popular among beginners due to its intuitive interface.
Pros & Cons
✅ Pros
- Industry-leading social/copy trading
- Very beginner-friendly interface
- Commission-free stock trading
- Wide range of assets (stocks, crypto, forex, commodities)
- Regulated in multiple major jurisdictions
- CopyPortfolios for diversified strategies
- Large and active trading community
❌ Cons
- Higher spreads compared to dedicated platforms
- Withdrawal fees ($5)
- Limited leverage in EU/UK (regulatory caps)
- CFD-only for most margin trades
- No MetaTrader support
- Overnight fees can add up
Fee Structure
Margin Tiers
| Tier | Max Position | Max Leverage | Maintenance Margin |
|---|---|---|---|
| Stocks CFD | Varies | 5x | 20% |
| Forex | Varies | 30x | 3.33% |
| Crypto CFD | Varies | 2x | 50% |
| Commodities | Varies | 10x | 10% |
How to Sign Up for eToro
eToro FAQ
eToro leverage varies by asset class and region. EU/UK users get up to 30x on forex, 5x on stocks, and 2x on crypto due to ESMA regulations. Professional accounts may access higher leverage.
CopyTrader lets you automatically replicate the trades of successful investors on eToro. You can allocate funds to copy a trader and all their positions are mirrored in your account proportionally.
eToro is regulated by FCA (UK), CySEC (EU), ASIC (Australia), and FinCEN (US). Client funds are segregated and accounts are protected by ICF in Europe (up to €20,000).
eToro offers zero-commission stock and ETF trading. For CFDs, revenue comes from spreads and overnight fees. Crypto trading has a 1% fee.