Best for Social Trading

eToro Review 2026

#1 Social & Copy Trading Platform

๐Ÿ›๏ธ Founded 2007
๐Ÿ“ Limassol, Cyprus (global HQ: Tel Aviv, Israel)
๐Ÿ“œ Regulated by CySEC (EU)
๐Ÿ’ฐ Min. deposit: $50 (varies by country)
4.1
โ˜…โ˜…โ˜…โ˜…โ˜†
WhichBroker Score
eToro ยท #1 Social & Copy Trading Platform ยท Min. deposit: $50 (varies by country)
Open Account โ†’
51% of retail investor accounts lose money when trading CFDs with this provider.

Overview

eToro was founded in 2007 and pioneered social and copy trading โ€” the ability to automatically replicate the trades of other investors. With over 35 million users worldwide and a Nasdaq listing (ETOR, May 2025), eToro is one of the world's largest retail investment platforms. It is regulated by CySEC, FCA, and ASIC, and offers both real assets (stocks, ETFs, crypto) and CFD trading. Best known for its social feed and CopyTrader feature.

At a Glance

๐Ÿ›๏ธ Founded2007
๐Ÿ“ HeadquartersLimassol, Cyprus (global HQ: Tel Aviv, Israel)
๐Ÿ“ˆ Listed onNASDAQ (ETOR) โ€” listed May 2025
๐Ÿ“œ RegulatorsCySEC (EU), FCA (UK), ASIC (Australia), SEC/FINRA (USA)
๐Ÿ’ต Min. Deposit$50 (varies by country)
๐Ÿ’ฐ Stock/ETF Commission0% (real stocks in EU/UK); spreads apply for CFDs
๐Ÿ’ฑ FX / SpreadFrom 1 pip spread (EUR/USD)
๐Ÿ˜ด Inactivity Fee$10/month after 12 months of no login
๐Ÿง Withdrawal Fee$5 per withdrawal; minimum withdrawal $30
๐Ÿ–ฅ๏ธ PlatformseToro Web, eToro Mobile (iOS/Android)
๐ŸŽฎ Demo AccountYes ($100,000 virtual)
๐Ÿ›ก๏ธ Investor ProtectionCySEC: โ‚ฌ20,000 ยท FCA: ยฃ85,000
๐Ÿ‘ฅ Clients35,000,000+

Pros & Cons

โœ… Pros

  • CopyTrader โ€” copy top investors automatically
  • 35M+ users, strong social community
  • Real stocks & ETFs 0% commission (EU/UK)
  • Real crypto 24/7
  • Available in 140+ countries incl. USA
  • Nasdaq-listed (public company, high transparency)
  • Demo account ($100k virtual)

โŒ Cons

  • $10/month inactivity fee
  • $5 per withdrawal
  • 1.5% currency conversion (all accounts in USD)
  • Spreads on CFDs are above average
  • Limited advanced charting vs. dedicated platforms

Trading Platform

eToro's web and mobile platforms are beginner-friendly with a social media-style interface. The standout feature is CopyTrader, which lets you allocate funds to automatically mirror another trader's portfolio in real time. The CopyPortfolios feature bundles assets into thematic investment strategies. The platform includes charts powered by TradingView, a news feed, and a portfolio overview. A $100k demo account is available.

Products & Markets

eToro offers real stocks (0% commission in EU/UK), real ETFs, real cryptocurrencies (20+ coins), and CFDs on stocks, forex, commodities, and indices. In the US, eToro offers stocks, crypto, and options. Crypto is available 24/7. eToro's CopyTrader lets you copy investors with a minimum of $200. CopyPortfolios are managed thematic portfolios with a $5,000 minimum.

Available products

  • Stocks
  • ETFs
  • Crypto (real)
  • Crypto CFDs
  • Forex CFDs
  • Commodities CFDs
  • Indices CFDs

Fees

Real stocks and ETFs: 0% commission (EU/UK). All positions are in USD; EUR/GBP users pay a 1.5% currency conversion fee. Forex spreads: from 1 pip (EUR/USD). Crypto: from 1% spread. $10/month inactivity fee after 12 months of no login. $5 withdrawal fee (min $30 withdrawal). No deposit fee.

Stocks & ETFs0% (real stocks in EU/UK); spreads apply for CFDs
Forex / SpreadFrom 1 pip spread (EUR/USD)
Inactivity fee$10/month after 12 months of no login
Withdrawal fee$5 per withdrawal; minimum withdrawal $30
Min. deposit$50 (varies by country)

Safety & Regulation

eToro is regulated by CySEC (Cyprus), FCA (UK), ASIC (Australia), and SEC/FINRA (USA). It listed on Nasdaq in May 2025 as ETOR, adding significant transparency obligations. Client funds are held in segregated accounts at tier-1 banks. Crypto assets are held in cold storage. EU clients: โ‚ฌ20,000 investor compensation. UK clients: ยฃ85,000 FSCS protection.

RegulatorsCySEC (EU), FCA (UK), ASIC (Australia), SEC/FINRA (USA)
Investor ProtectionCySEC: โ‚ฌ20,000 ยท FCA: ยฃ85,000
Publicly ListedNASDAQ (ETOR) โ€” listed May 2025

Supported Countries

Available in 140+ countries. Available in USA (eToro USA LLC, FINRA registered). Not available in: China, India, North Korea.

Verdict

WhichBroker's Take on eToro

eToro is ideal for beginners and those who want to learn from and copy experienced investors via social trading. Its 35M+ user base, Nasdaq listing, and multi-asset offering make it one of the most complete platforms. The main drawbacks are the $10/month inactivity fee, $5 withdrawal fee, and the 1.5% USD conversion charge which adds up for non-US investors.

* 51% of retail investor accounts lose money when trading CFDs with this provider.

Ready to open an account with eToro?
51% of retail investor accounts lose money when trading CFDs with this provider.
Open eToro Account โ†’