Can etoro be trusted?

At eToro, customer funds are kept protected in tier 1 banks and all their personal information is protected by SSL encryption.


is a secure broker regulated by top-tier authorities around the world. That said, I don't recommend eToro for active or high-volume traders, as higher spreads and small maximum trade sizes will be a limiting factor. Deposits on eToro are divided into instant payment methods and others that may take longer, such as a bank transfer.

CopyPortfolios help close the gap for investors who want to use eToro passively, since they can create a portfolio based exclusively on one or more CopyPortfolios. With more than 3000 tradable symbols, including CFDs, currencies and exchange-traded securities, eToro offers a complete, albeit a little expensive, trading experience. It is extremely important to include the unique transaction identifier so that eToro can efficiently recognize the transfer and credit your investment account. The eToro platform allows eligible users from certain jurisdictions to trade digital currencies ranging from Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) to 1inch (1INCH), Aave (AAVE) and Compound (COMP).

eToro is ideal for retail traders who want to collectively gain investment ideas using the power of copy trading, or for active traders with a lot of experience who want to be rewarded for sharing their ideas with other traders. Considering their trading fees, retail traders don't choose eToro because of its spreads, but because of the capabilities of its trading platform with social copies. If I trade with copies on eToro, I only have to choose one or more traders to “copy” and let the system do the work for me. This is prohibited by law in the sense that eToro could never accept accounts that are funded from different sources.

In eTorox, most user funds are stored cold to reduce the chance that they will be lost due to a hack or operational error. For cryptocurrency investors who want to imitate the movements of serious cryptocurrency traders, eToro's social investment platform is an attractive offering. Citizens, eToro offers trading with stocks and exchange-traded funds (ETFs) for users who reside in 44 states, to add to their existing cryptocurrency offering. When I joined the platinum+ club, I was assigned my own account manager, Valentina, who has always responded quickly and clearly, and has always contacted us to tell me about the advantages and opportunities of working with etoro that I might not have imagined.

Carl Brown
Carl Brown

Professional student. Typical food expert. Music guru. Avid tv guru. Subtly charming bacon fan. Tea junkie.