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21226 reviews
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eToro

7/10 (votes 100)

On-line since 2008
Country of origin Cyprus
Regulation Registered member of NFA (ID: 0382918).
Payment options Credit/debit cards, giropay, Neteller, PayPal, Skrill (Moneybookers), WebMoney, Wire transfer
Minimum account size $50
Minimum lot size 0.1 lot
Leverage 1:2, 1:5, 1:10, 1:25, 1:50, 1:100, 1:200, 1:400
Spreads 2 pips on EUR/USD

eToro brings financial trading to life for hundreds of thousands of users worldwide. Our people friendly trading platform helps make Forex: simple to start, great to learn and a delight to trade. Our educational and trading toolbox, together with outstanding personal service, delivers Forex that’s a delight to master. eToro's visual trading style lets every trader, at every level of experience, enjoy their trading. With Forex powered by eToro behind you, harnessing the power of financial markets becomes simple and rewarding.

Author of eToro review: Goman. Date and time of eToro review: 2016-09-26 09:45:43
I added funds using paypal into my eToro account. However, even a week later, the funds didn’t show up on any of my two etoro accounts. I contacted Etoro to inquire and they stated they never received the funds. I contacted paypal and opened a dispute. Paypal sided with me and refunded my money when they didn’t hear from Etoro for 2 weeks. After that, I trying to deposit money again using paypal and I see that my Etoro accounts have been suspended. I inquired as to why this has happened and Etoro comes back and asks me to cancel the dispute. I had opened and they will process the payment in my account. Once a dispute has been "settled" by paypal, there is nothing anyone (payor or payee) can do from their side. I am going to go to another forex broker for good. Wish I read the scam reports earlier and didn’t open an account with Etoro.
Author of eToro review: fxmuno. Date and time of eToro review: 2016-09-26 08:08:44
I feel disappointed with eToro. They make the withdrawal process becomes very difficult. Deposit is fast and simple, but not with the withdrawal process. I ask my problem, they can not give a good explanation. program and system that they provide can not be helpful me. They are not a broker transparent, especially in the transfer and withdrawal. they seemed to look like want to take deposits and profits should I get. I hope they do not like what I imagined.
Author of eToro review: Ayben . Date and time of eToro review: 2016-09-22 11:27:37
I was invested US50$ at ETORO on January 2016 . I have exam so i didn;t trade with them. yesterday I want to withdraw but they tell me a stories. My money has shrunk, they have take U$5 per month because I have not been trading - this is illegal in every sense of the word
Author of eToro review: Gorton. Date and time of eToro review: 2016-09-21 10:39:16
I declare that I was a user in the eToro platform on last year. I received an email from eToro saying that I have not complied with the conditions of uses ( multiple accounts ) and that my account will be closed within 14 days. This period was given to modify stop loss and take profit of my two open positions to avoid financial damage and they said that this decision is final and irrevocable. After that, they closed my account and positions. I asked the support of eToro to let me withdraw the rest of my money but they refused because I have not complied with the conditions of use. Therefore, I explained to eToro support that I have already been sanctioned for non-compliance with conditions of use. After a few days, eToro has informed me that I cannot withdraw funds because the rest of my money is considered as bonus and a bonus cannot be withdrawn. Again, I explained to the support that I had a total amount of approximately $4,800 including a bonus of about $ 2,500. When my positions are automatically closed, it caused me a loss of about $ 2,100 which must be removed from the bonus, and not from the real Money. Then, eToro has informed me that I have never made a deposit and I started trading by using a coupon of $20 and it means that I can't withdraw my profits. As a result of the facts mentioned above, I recommend to all traders beware this broker.
Author of eToro review: Basil. Date and time of eToro review: 2016-08-16 02:23:35
I had a margin call and account closeout with this broker due to their HUGE spreads. This occurred at the time of a news announcement (FOMC statement) I understand that volatility and spreads do increase at these times but the spread on GBPCHF increased to 68.5 pips
Author of eToro review: Basil. Date and time of eToro review: 2016-08-16 02:23:34
I had a margin call and account closeout with this broker due to their HUGE spreads. This occurred at the time of a news announcement (FOMC statement) I understand that volatility and spreads do increase at these times but the spread on GBPCHF increased to 68.5 pips
Author of eToro review: fxadel. Date and time of eToro review: 2016-08-02 05:42:39
a very bad experience because joining with this broker. I was disappointed because the broker has been lying to me. The broker can not give me an advantage that should I get. The only complains broker can make me lose all deposit. just one time I joined the broker fraudsters like this. I am really very sorry.
Author of eToro review: Eran. Date and time of eToro review: 2016-08-01 06:56:54
Withdraw and deposit are easy and fast. Very bad experience on MT4 trading. Any order on MT4 must be rechecked on the Trade Station to make sure it's there. Impossible with EAs.
Author of eToro review: Karen. Date and time of eToro review: 2016-08-01 04:49:20
I have been making trade position in forex since two and half years, I have started my investment in currency pair exchange market through eToro. eToro is one of the leading names in the list of online forex brokers and this I can say from my own experience with eToro and it is their friendly service that made me to stay connected with them for such a long time. The best service that I like most about eToro is the user-friendly environment to learn trades with their excellent service of Forex demo, easy registration procedure and the different paypal methods to ensure easy transaction.
Author of eToro review: Jim. Date and time of eToro review: 2016-07-29 06:51:34
I agree to everybody about this broker, it's not good for trading as they ignore your orders and positions in mt4 and when you want to request your few earnings, all of them are rejected.

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