eToro Review, Test & Rating in 2025
Autor: Florian Fendt — Updated in Mar 2025

eToro Trader Rating
Summary about eToro
Minimum deposit in USD | $100 |
Trade commission in USD | $0 |
Withdrawal fee amount in USD | ~$5 |
Available trading instruments | 2700+ |

What are the pros & cons of eToro?
What we like about eToro
The main advantage of eToro is the wide range of tradable products. As the world's largest social trading platform, new traders whose trading strategy you can copy are basically added all the time. With 16 cryptocurrencies offered, eToro is also very strong and offers the possibility to buy / hold cryptos even without leverage. The same applies to stocks, you can either buy them with leverage (I.e. with financing costs) or without leverage (without financing costs and with distributions). The eToro webtrader is clearly designed and beginner friendly. The eToro demo account provides an easy entry point for complete trading novices.
What we dislike about eToro
The size of eToro has been its biggest weakness for several months. Due to the high influx of new customers, eToro lacks the service/support to personally attend to each customer. That is why the limit of 10000$ was introduced, above which one (only) gets assigned a personal account manager. So far, the (high) fees for withdrawals are another negative point. The fees could still become much cheaper for some trading instruments. The eToro Webtrader is as much a plus as a weakness. With higher volatility, the ability to trade is often limited. In addition, there is the slow execution of orders and the comparatively poor handling of the chart software.

Available trading instruments at eToro
eToro offers various asset classes and over 2700 different trading instruments
These include, among others,
- +47 Forex/Currency pairs
- +13 Indices
- +7 Metals
- +10 Agricultural products
- +16 Cryptocurrencies
- +3 Energy
- +4 Agricultural products
- +50 Cryptocurrencies
- +2350 Stocks
- +150 ETFs

Conditions & detailed review of eToro
Our eToro experiences are mixed. eToro is by far the largest provider in the field of social trading. If you are interested in profiting from social trader portfolios or want to earn extra money by publishing your trading ideas - then there is probably no way around eToro. eToro offers many cryptocurrencies and stocks. The percentage of successful traders is probably one of the highest of all CFD brokers due to the possibility to copy successful traders.
The very large selection of financial products has a positive effect. Unfortunately, the cost structure is not always very transparent and can still be extended. In addition, there are fees (5€) for the withdrawal of eToro accounts. eToro is completely designed for a simple web interface, it lacks typical trading software such as Metatrader. Due to eToro's very strong user growth, support and service have fallen by the wayside (Our experience in 2018-2020). There has been too little investment in manpower to cope with the onslaught. The eToro Club offers additional services for traders for higher account balances. An account supervisor is offered only from the Gold level (previously from Silver).

Software & trading platform of eToro

Your account at eToro
By regulation, every new client must go through some basic compliance checks to ensure that you understand the risks of trading and are admitted to trading. When you open an account, you will probably be asked for the following items, so it is good to have them handy: A scanned colour copy of your passport or national ID A utility bill or bank statement from the last six months with your address You will also need to answer a few basic compliance questions to confirm how much trading experience you have. It is therefore best to take at least 10 minutes to complete the account opening process. Although you can explore the demo account immediately, it is important to note that you cannot make any real trading transactions until you have passed compliance, which can take up to several days depending on your situation.

Deposits and withdrawals at eToro

How is the service at eToro

Regulation & Safety at eToro
Highlights of eToro
Finding the right broker for you is not easy, but hopefully you now know if eToro is the best choice for you. If you are still unsure, you can use our forex broker comparison to get a quick overview.
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Frequently asked questions about eToro
Is eToro a good broker?
XXX maintains a competitive trading environment and offers services by Trading Central, which many traders find valuable.
Is eToro a scam broker?
XXX is a legit broker operating under CySEC oversight. No scam warning has been issued on the CySEC website.
Is eToro regulated and trustworthy?
XXX remains fully compliant with CySEC rules and regulations. Traders should view it as a safe and trusted broker.
What is the minimum deposit at eToro?
The minimum deposit at XXX to open a live account is $250.
Which trading platform is available ateToro?
XXX offers the core MT4 trading platform and a proprietary WebTrader.
Does eToro offer a free demo account?
Yes. XXX offers an unlimited demo account for trading beginners or testing purposes.

Author of the review
Florian Fendt
At BrokerCheck, we pride ourselves on providing our readers with the most accurate and unbiased information available. Thanks to our team’s years of experience in the financial sector and feedback from our readers, we have created a comprehensive resource of reliable data. You can therefore confidently trust the expertise and rigor of our research at BrokerCheck.
What is your rating of eToro?
