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3.2 / 5

5 user ratings

Ease of Use

3.2

Value for Money

2.6

Verification

3.6

Support

3.6

Integrated Wallet
Instant Verification
Mobile App
Affiliate Program
Two-factor Authentication
Regulated in 140+ countries
Based in Israel

eToro

eToro is a multi asset social trading platform. Its standout feature is copy trading, letting you mimic successful investors. User-friendly and regulated, it’s great for both beginners and experienced traders.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk. eToro USA LCC does not offer CFDs, only real crypto assets.

Exchange Review
eToro: The Ultimate User's Guide & Review (2024)

Welcome to our detailed exploration of eToro, the trading platform that seamlessly blends finance and social interaction. Established in 2006, eToro has evolved into the world's largest investment network, boasting nearly 5 million users globally.

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caloon
caloon
Verified Purchase Verified User
4.2

eToro is one of the biggest CFD trading platforms, but you can also buy and withdraw real crypto on their platform if you meet a couple of conditions:
- minimum withdrawal amount is 0.008 BTC
- crypto must be bought with a bank transfer deposit
- you must at least have a bronze level eToro Club account (if I understand correctly, everybody with less than $5000 in their trading account is automatically a bronze level member)

The platform is generally quite easy to use, but some important features are quite hard to find, e.g. the feature to withdraw crypto.
Furthermore, some features may be a bit confusing at first. For instance, it's important to know that when you want sell crypto that's already in your trading account, you need to "close" the trade and not open a new "sell" trade (otherwise you have two open trades).

eToro's support website is very good and provides info on most issues. I also contacted support to withdraw crypto and received a helpful reply within a day.

5 years ago - Report

khrystynakuchma
khrystynakuchma
Verified User
4.0

For me the best provider in Europe. Deposit and payment via SEPA within one business day! Fast verification and easy operation. Simply TOP

3 years ago - Report

tommymeru
tommymeru
Verified Purchase Verified User
3.5

A typical beginner app - pretty simple but bad courses. Totally overpriced. I would advise dealing with the somewhat more complex exchanges. You usually have that after 1 day and then save fees forever and buy at significantly better rates.

Translated from German. Show Original

Eine typische Anfänger App - schön einfach aber dafür schlechte Kurse. Völlig überteuert. Da würde ich raten, sich mit den etwas komplexeren Börsen auseinanderzusetzen. Das hat man in der Regel nach 1 Tag raus und spart dann für immer Gebühren und kauft zu deutlich besseren Kursen.

Show English translation

3 years ago - Report

SnowCat_
SnowCat_
1.0

You have to wait 60 days (2 months+!!!) after buying crypto to be able to move it to your own valet.
They don't really tell you this before, only when you try to move the crypto you already bought to your wallet. (There is a tutorial on how to do it and that also does not mention anything about the waiting period)
Trying to get your money back isn't fast either (I still didn't get it back).

2 years ago - Report

MarkO
MarkO
3.5

they are on of the biggest players and they also act like that. It is not really friendly for beginners, they have a high minimum order and the whole system is complicated to start with. They do have fairly responsive support, so that is a bonus!

4 years ago - Report

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