• No commission on trades
  • Has guaranteed stop losses & limit orders
  • Allows one click trades
  • Allows automated trading


  • Inactivity fee after 12 months inactivity
  • Does not allow scalping
  • Does not have direct market access



Based in Limassol, Cyprus, eToro was founded in 2007 and is regulated by NFA, CySEC, ASIC, CFTC and MiFiD. Their award-winning platform, OpenBook, was named the most innovative forex trading platform by World Finance Magazine in 2010.

OpenBook enables users to view, share, and even copy their chosen trader’s moves in real-time. By enabling traders to follow and interact with each other, OpenBook breaks barriers between traders, accelerates knowledge sharing and shortens the learning curve for users that want to bring their forex trading experience to the next level.

Deposits accepted by Credit Card (Visa, MasterCard, Diners), PayPal, Neteller, Skrill, WebMoney, Wire Transfer, Western Union, MoneyGram.

Withdrawals can be made through Credit Card, PayPal, Moneybookers, WebMoney, Neteller, Western Union/MoneyGram, Bank transfer.

There is a withdrawal processing fee depending on the requested amount and withdrawals can take up to 5 business days.

eToro do not charge any commissions or fees on forex trades. Their revenues come strictly from the spreads (the difference between the Ask and the Bid prices of a currency pair) which are exceptionally low.

Live Customer Support Monday till Friday between 06:00 and 22:00 GMT. Email, chat and Freephone number as well as customer service phone numbers are available. Open Sunday 21:00 GMT, Closing Friday 20:00 GMT


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Company Headquarters Cyprus
Jurisdiction NFA, CySEC, ASIC, CFTC and MiFiD
Founded 2007
Support Telephone Number +44 (0) 203 150 0308
Support Type Email, Chat, free call
Trading Platform eToro WebTrader, eToro OpenBook, Mobile Trader
Minimum Deposit $50
Minimum Trade Size $25
Maximum Trade Size 20% of account amount
Mobile Yes
Tablet Yes
Bonus amount Depending on the market
Demo account Yes
Assets Forex, Metals, Commodities, Indices, Stocks, ETFs
Commissions None
Fees Withdrawals fees