eToro Wikipedia

Another thing to consider is that eToro provides a social trading offering as well, which can be beneficial for those who don’t have the time and/or experience to trade themselves. This allows users to view the portfolios of the platform’s best investors and then automatically copy their trades in real-time. EToro is a leading online brokerage that offers cryptocurrency trading and stock trading. It was among the first online trading companies to support digital currency trading when it added support for Bitcoin (BTC) in 2013.

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  1. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
  2. Although eToro’s fees are transparent and reasonable, they’re still higher than many of the leading crypto exchange platforms.
  3. You’ll have to accept eToro’s terms and conditions, privacy policy and cookie policy.
  4. It’s completely free, and it takes no more than a few minutes.

Customers are required to enable two-factor authentication after making their first deposit. For a limited time, you can earn a bonus of $10 when you deposit at least $100 in your eToro account. This website is using a security service to protect itself from online attacks.


EToro offers a professional cryptocurrency exchange, enabling users to execute a range of advanced trading strategies. Arguably the most exciting feature of eToro’s trading app is the ability to automatically copy successful traders’ trades using the platform’s social trading feature. The intuitive “Trading” tab allows users to view current prices, and buy, sell, or convert crypto.

eToro Review 2024: Pros & Cons

Operating for nearly a decade, expanding its business, in 2019, the company extended its arms to the cryptocurrency world. Since then eToro’s business has accelerated, and it has turned out to be one of the top crypto copy trading platforms globally, with millions of users to serve. The platform’s distinguishing feature is the inclusion of social networking aspects, which allows users to follow and replicate the trading techniques of successful investors in real-time. EToro is a crypto broker, meaning it offers other investment products alongside cryptocurrencies. Investors can access over 2,500 stocks including international equities, as well as EFTs.

eToro Social Trading

The complicated fee structure means users pay more upfront, which works well if your investment rises in value. However, eToro might be able to serve its customers with lower fees. This advertisement contains information and materials provided by Robinhood Financial LLC and its affiliates (“Robinhood”) and Publisher, a third party not affiliated with Robinhood. Securities offered through Robinhood Financial LLC and Robinhood Securities LLC, which are members of FINRA and SIPC. EToro provides an extensive range of trading options and, as such, the fee structure varies from one asset to another.

For seamless transfers, users can link their bank account or can choose to deposit funds via wire transfer instead. Withdrawals of U.S. dollars can be made directly to the user’s bank account. Once an account is established, investors can buy or sell assets on eToro’s web-based platform, or on its user-friendly app.

U.S. investors can access around 25 different cryptos while non-U.S. Other major U.S.-based exchanges offer hundreds of cryptocurrencies on their platforms. However, if you want to invest in top cryptocurrencies alongside equities and manage all your assets in one place, eToro could be right for you.

EToro at a glance

EToro is an established online trading company, offering a secure, regulated platform for crypto trading with a track record of storing investor funds for well over a decade. EToro’s minimum trade amount is $10, and the minimum deposit amount is $10 if done by debit card or bank account connection. The company also offers the ability to invest in fractional shares of stocks, which means you can buy a small slice of a share with any amount over $10. Social media-like feeds of user thoughts and comments are present throughout the eToro platform.

The editorial team then developed a standardized methodology, analyzing 10 key benchmark features and variables to assess quality across the platforms. The company also offers brokerage services and trading in other assets, like exchange-traded funds (ETFs) and stocks. Recently, eToro announced a strong partnership with Twitter, which has skyrocketed its popularity. With this collaboration, all the users of types of dojis this social media platform will get real-time updates and information about trending stocks, cryptocurrencies, commodities, and much more. The short answer is yes, as much as cryptocurrency assets can be safe on any crypto platform. Like most major exchanges, the majority of cryptocurrencies stored on eToro’s platform are kept in cold storage, meaning it is kept on servers not connected to the internet.

The trading experience is fluid and particularly user-friendly. It’s easy and, at the same time, it provides all the functionality an experienced and professional trader would require. EToro has a dedicated customer service department where users and non-users can submit tickets with their queries. To cater to users who’d like to receive increased exposure to digital assets, eToro has created a special investment vehicle called CryptoPortfolio. It’s important to note that eToro offers two ways to invest in crypto assets.

The company maintains some crypto in “hot wallets” for liquidity purposes. EToro also has several user level protections such as Two-factor authentication (2FA) and account encryption. Many crypto platforms charge a fee for debit card deposits, but it is free on eToro. Investors can make fee-free deposits of fiat money (traditional currencies like U.S. dollars) via bank transfer or debit card.

The wallet doesn’t support all the same cryptos as the exchange. It’s also worth noting that once you move your funds to the eToro wallet, you cannot move them back onto the main trading platform. The selection for crypto investors in other countries includes almost all the top 20 cryptos by market cap. Some crypto exchanges offer 200 or more different coins and tokens, but eToro’s selection is still solid. Investors can access smart contract cryptos, gaming, metaverse, and DeFi tokens.

Users can find lower-cost crypto trading elsewhere—check out your options on Forbes Advisor’s listing of the best crypto exchanges. And if you want a full-featured brokerage account, see our listing of the best online brokers. The eToro platform offers an active user community and social features like news feeds for specific coins available for trading.