eToro review
eToro review: regulation (CySEC - Cyprus Securities and Exchange Commission), minimum deposit 50, leverage up to 1:500, platforms and current bonuses.
Trading conditions
- Broker type
- ECN /STD
- Minimum deposit
- 50
- Maximum leverage
- 1:500
- Minimum spread
- 0.3
- Platforms
- MetaTrader 4 (MT4)
- Account currencies
- USD
Bonuses
- No deposit bonus
- No
- Welcome bonus
- Yes
- Other promotions
- Yes
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Moneybookers - WebMoney - Paypal - Cashu - Neteller - MasterCard - VisaCard - Bank Transfer
- Withdrawal methods
- Moneybookers - WebMoney - Paypal - Cashu - Neteller - MasterCard - VisaCard - Bank Transfer -
Company
- Regulation
- CySEC - Cyprus Securities and Exchange Commission
- Founded
- 2010
- Country
- Cyprus
- Address
- eToro Corporate AddresseToro (Group) Limited281 Waterfront Drive, Road TownTortola, British Virgin Islands VG1110 & eToro (Europe) Ltd. 7 Omirou St., 2nd Floor3095 Limassol, CyprusPhone: +357-2-5030234Fax: +44-866-350-0881
- Website languages
- English French Spanish
- Phone
- +357-2-5030234
- Email or Skype
- [email protected]
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eToro pros and cons
Pros
- Regulated by CySEC - Cyprus Securities and Exchange Commission
- Low minimum deposit: 50
- Raw spreads from 0.3
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
Cons
- No no-deposit bonus at the moment
- Leverage up to 1:500 magnifies losses as well as profits
- Conditions and bonuses can differ by regulated entity
eToro FAQ
Is eToro a safe and regulated broker?
eToro was founded in 2010 and is regulated by CySEC - Cyprus Securities and Exchange Commission. Client funds are held in segregated accounts. Your protection depends on which eToro entity opens your account.
What is the minimum deposit at eToro?
The minimum deposit at eToro is 50. Payment providers may set their own minimum amount.
What is the maximum leverage at eToro?
eToro offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does eToro offer a no deposit bonus?
No. eToro does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.
Which trading platforms does eToro offer?
eToro supports MetaTrader 4 (MT4). Mobile trading is available.
Does eToro allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does eToro offer an Islamic (swap-free) account?
Yes. eToro offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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eToro at a glance
- Reader rating3.9 / 5 (38 votes)
- RegulationCySEC - Cyprus Securities and Exchange Commission
- PlatformsMetaTrader 4 (MT4)
- Account currenciesUSD
- LanguagesEnglish French Spanish
- Phone+357-2-5030234
- Email / Skype[email protected]
- Fax+44-866-350-0881
- Head officeeToro Corporate AddresseToro (Group) Limited281 Waterfront Drive, Road TownTortola…