eToro

Details

BrokereToro
Website URLwww.etoro.com
Founded2006
HeadquarterseToro UK Ltd / London, United Kingdom
Support TypesE-mail , Live Chat
LanguagesEnglish , French , Italian , German , Spanish , Polish , Russian , Chinese , Arabic
Trading PlatformeToro webtrader | Mobile trader
Minimum 1st Deposit$200
Minimum Account Size$200
Leverage1:400
Spreadfrom 1 pip
Free Demo Account Open Demo
Regulated Yes
RegulationFCA ( FRN 583263 ).
Fees Yes
Fee InfoNot Fees
Commissions Yes
Commission InfoNot Comissions
Account TypesPremium ( min 20,000) , Basic ( min $50 ) , Demo & Practive ( Free )
Deposit MethodsCredit Cards , Wire Transfer , Paypal , Western Union , Moneygram , Neteller , Skrill ( Monebookers ) , Webmoney
Trading Methods eToro webtrader , Mobile trader
Types of AssetsIndices , Currencies , Commodities , Stocks , EFT's ADR's
Account CurrencyUSD
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score4.9

Pros

  • Licensed by FCA ( UK )
  • Get $20 for Referral
  • Simple to use Platform
  • Largest social trading network
  • Follow and Copy the best trading strategies from the leading traders
  • Free $10,000 Demo Account
  • Only $200 Minimum Deposit
  • No fees & Comissions
  • Low Spreads from 2 pips
  • Quick withdrawals

Last eToro UK review update: 21th July 2017

What is eToro UK

eToro, founded in 2006 by professional traders, is the leading social trading platform in the world today with over 4,500,000 registered traders. It uses the wisdom of all of its investors to guide you with your investments. Currently they are official partner of West Ham United Football Club, a UK Premier League.

In United Kingdom, Etoro (UK) Ltd. is based in London and is a Financial Conduct Authority registered under the license FRN 583263.

eToro uk-review

 

Trading Platform

eToro provide traders the most innovative and easy to use social trading platform in the financial market.

eToro can give you a choice of online software to use as your trading platform. Choose from WebTrader or eToro mobile trading ( Android and iOS apps ).

Some platform features are: watchlists, stats, news feeds charts, copy dividend tool, one click trading from every screen.

CryptoFund ( Cryptocurrencies Copyfund )

They’ve just launched a new cryptocurrencies copyfund for all traders looking for investment in the most popular crypto currencies: Bitcoin (BTC ), Ethereum (ETH ), Litecoin (LTC), Dash and Ripple (XRP).

eToro platform to trade crptocurrencies - Cryptofund

Education

In social trading,  the market is open to any person who wants to trade and invest and to learn about the markets. By using this social network you are joining their trading academy, where you can learn for free about trading all the time through VOD films, blog, daily reviews and webinars.

Trades

eToro offers you a free practice account so you can get an idea of how the social investment network applies to currency and commodities. There is also a Premium Investor Account and Exclusive Deposit promotions for investors. The account you receive is calculated by the equity you have.

Assets

You can find a wide range of assets to trade ( stocks, indices, commodities, currencies, EFTs ADR’s ).

Please take into note all those assets are not available to purchase, so they are available as CFDs.

Commissions and spreads

eToro offers you a range of competitive spreads on various currency combinations ranging from 2 to 8 pips on Forex spreads, Gold-90 pips, and silver-5 and oil -10 pips. Indices spread range from 1 to 6. eToro does not charge any commissions or fees for trading.

Customer service

eToro provide a 24/7 live customer support through live chat, email and phone in multiple languages by professional staff  who understand very well the traders and trading, as well dedicated account teams for all customers.

eToro Bonus & Promotions

They offer exclusive promotions to investors like welcome bonuses, special promotions and competitions.

Current promotion

Get up $20 for every every friend you invite. You can earn up to $200.

Deposit and Withdrawal  Money Options

eToro offers a wide variety of payment options including credit card, PayPal, Neteller/1Pay, Skrill, WebMoney, GiroPay (Germany only), Wire Transfer, Western Union and MoneyGram.

You can start with just initial investment of $200.

All deposits and withdrawals are processed very fast by them.

Regulations

This social platform is based in Cyprus and it’s regulated to trade in UK ( FCA) ,Europe ( CySEC ) and Australia ( ASIC ).

eToro UK Review: Summary

eToro is a UK regulated and popular social investment network, with over 5 million customers,  providing a variety of simple to use social trading platforms and mobile phone apps, where you can see, follow and copy from the best investors.

They provide a range of CFDs to trade ( commodities, gold, silver and oil, currencies, indices ) in the financial market . They allow you to practice trading as long as you want until you feel comfortable with the platform you are using. They offer great education tools to learn for free .

John Walker

John Walker

Editor at Tradingbroker.co.uk
John was born in London ( United Kingdom ) and studied at The London School of Economics. Currently he lives in Sydney ( Australia ) and he works as editor at Tradingbroker.co.uk.
John Walker

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