Reviewed by Sam Xu
Melbourne AI Expert
Overview
eToro offers a platform for investing in a variety of asset classes, including 20 global stock exchanges and 100 cryptocurrencies, all managed in one place. It features low fees with flat rates per trade for US, UK & EU stocks, no commission on certain ETFs, and fixed fees for cryptoassets. Users can earn up to 3.55% annual interest on cash balances with monthly payments and no commitment, while also accessing educational resources like courses, podcasts, and webinars through eToro Academy.
Key Features
- Invest in thousands of stocks, crypto, ETFs in one app.
- Flat fee per trade for US, UK & EU stocks, no matter how many shares.
- No commission on ETFs that track the S&P 500, Nasdaq & more.
- Trade over 100 leading cryptoassets with fixed transparent fees.
- Earn up to 3.55% annual interest on cash balances, paid monthly.
- Copy top investors' moves in real time using CopyTrader™.
- Access free investing courses, podcasts, and webinars via eToro Academy.
- Diversify across 20 global stock exchanges and 100 cryptocurrencies.
- Manage holdings in GBP and USD accounts for local and global trading.
- Funds held in top-tier institutions with best security practices.
eToro Video Review
Watch our hands-on walkthrough of eToro's features and interface.
Video loads from YouTube when you click play. See our privacy policy for details.
Pros & Cons
Pros
- Easy-to-use platform
- High visibility into other investors' trades and social network capabilities
- Great educational materials
- High interest rate on uninvested cash
- Copy trading service available
- A variety of cryptocurrencies to choose from
Cons
- No IRAs
- No bonds, futures or forex
- High fees
- Slow customer support
- $5 withdrawal fee
- Can only trade and invest in USD
What Users Say About eToro
Quotes from G2, Reddit, and other public reviews
- 'Great app for investment' – User, Capterra
- 'Very available app for trading. Simple to use and for non expert people.' – User, Capterra
- 'Good service but the fees could be smaller.' – User, Capterra
- 'Best by far has the most volume and realistic odds and most outcomes to bet on.' – Reddit user
- 'Platform is simple, the markets move fast, and the prices shift entirely based on what traders believe.' – Reddit user
- 'Go-to platform for crypto-savvy users who want a fast, flexible, and global way to trade predictions.' – Reddit user
Pricing
Low fees with flat fee per trade for stocks, no commission on select ETFs, fixed fees for crypto; earn up to 3.55% annual interest on cash.
Flat fee per trade for US, UK & EU stocks (no matter how many shares); no commission on ETFs tracking S&P 500, Nasdaq & more; fixed fee on any cryptoasset position (over 100 cryptos); additional costs may apply for other asset types (see fees page). Interest up to 3.55% annually on cash balance, monthly payments, no commitment (credit and other risks apply; read Terms and Conditions). No specific plan names or tiered limits detailed.
Affiliate link · Not financial advice
Final Verdict
eToro stands out for its social trading features like CopyTrader and a user-friendly platform suitable for beginners, with a wide range of assets including stocks and crypto. However, it has limitations such as higher fees, lack of certain account types like IRAs, and occasional support issues. This is not financial advice; users should conduct their own due diligence and consider personal financial situations.
Affiliate link · Not financial advice
About the Reviewer
Sam Xu
Verified ExpertMelbourne AI Expert • Melbourne, Australia
Sam Xu is a Melbourne-based AI specialist with over 8 years of experience in fintech and AI tool evaluation. He has researched 100+ investment tools and helps traders and investors choose the right technology for their needs.
Last updated: