eToro Review in 2025 Spreads & Fees Compared

eToro Review in 2025 Spreads & Fees Compared

Of course, the spread was also impacted while copying trades from Professional Investors through the CopyTrader feature, as the broker tends to factor the management fees into the spread. EToro withdrawal transfers the funds to the account used to make the deposit, and in terms of card payment, the withdrawal will be processed to the card used to deposit funds. The broker has a good reputation in the market for its withdrawal policies, as it has ensured that the withdrawals for all verified users are approved without any restrictions.

Currency Conversion Fee

Social trading can be a good option for beginner trader since you can leverage the skills of other successful traders and save you time doing your own research. Withdrawals may take a business day, but note that paperwork is required before processing your first withdrawal. It’s recommended to use the same withdrawal method as the deposit method to avoid delays in payment methods. There is a longer wait time for depositing and withdrawing money from your bank account due to the wait times of commercial banks. Cryptocurrency transfers are accepted from outside wallets such as Coinbase straight into your eToro wallet. EToro became a leading cryptocurrency broker for physical and CFD cryptocurrency trading.

• Professional traders will be able to access higher leverage than retail traders.
• You should also read and accept the company’s terms and conditions, along with signing your agreement to the various regulatory policies and guidelines.
• Primarily structured to facilitate copy trading, it does not, however, support algorithmic trading.
• The competitiveness of eToro’s fees varies depending on the instrument traded and across asset classes.
• Unlike users on Reddit, Quora users seemed to be dissatisfied with the way eToro operated and criticized many technical aspects of the company.
• However you will only be as good as the traders you copy or follow and not all traders are reliable.
• Trading is also possible directly from the chart, but trade management is done through the eToro trading platform.

What Leverage Does eToro Offer?

This functionality makes it a strong contender, even among those who prefer desktop trading. One of the biggest advantages of eToro’s platform is that you can configure your preferred leverage before executing a trade. This gives you greater flexibility to manage your risk depending on the performance of past trades, changing market volatility levels, parameters of underlying strategy, and more. All information on The Forex Geek website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee.

What are eToro’s trading hours?

As you become more experienced, you’ll probably need more analysis, in-depth charting options, and other comprehensive trading guides. Unfortunately, eToro lacks these features, leaving some of its experienced users feeling dissatisfied with the service. Consider yourself lucky because this comprehensive guide will tell you everything you need to know about eToro, its pros, cons, and unique features.

• Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
• To start trading, you must provide your details and verify your account.
• EToro has secured a 4.3 rating on TrustPilot with a striking majority of  reviews, around 70%, happy with their experience with the broker.
• While eToro advertised commission-free stock trading, I urge traders not to confuse it with CFD trading, where a 0.09% commission applies.
• Also, ProCharts requires a separate login and is unavailable from the trading platform, where traders have no analytics tools.
• The broker is one of the biggest social trading platforms in the world, and it also provides its clients with plenty of trading and investing opportunities.

CopyPortfolios — Bulk Copy Trading of Multiple Traders

Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold The Forex Geek and any authorized distributors of this information harmless in any and all ways. Through podcasts, you can hear the most recent financial news in an entertaining and easy-to-digest manner that will appeal to everyone interested in trading and investing.

Is eToro a regulated company?

To put this into perspective, you could save £5 for every £1,000 you deposit through it. As discussed earlier, the spread rates are highly forex etoro review dependent on market conditions and vary from instrument to instrument. The eToro minimum spread on OIL is 5 pips but for an index like NSDQ100, it is 24 pips. If we instead look at stocks and ETFs, the spread for non-US instruments is 0.15%.

While this amount may seem low, most brokers don’t have such a fee, and this fee can add up over time. This may seem like a positive, but there are other fees that eToro users might see as higher than low fee forex brokers as shown below. During our eToro crypto coins review, eToro listed 88 liquid cryptocurrencies on its web-based trading platform. They included the top crypto and meme coins by market capitalization, plus a few crypto-to-crypto pairs and non-USD crypto crosses. I like the range of deposit and withdrawal methods at eToro but dislike the unnecessary internal $5 withdrawal cost. Traders will also pay third-party processor costs and potential currency conversion fees.