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eToro Exchange Review: Is It the Right Platform for You in 2025 ?
A few platforms can match eToro’s legacy, with roots in financial trading that reach back before Bitcoin even existed. eToro exchange now serves over 27 million users and provides an intuitive interface and beginner-friendly features, making it easy for newcomers to get started.
You’ll find everything you need to know in our in-depth eToro review.
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Why eToro Exchange Stands Out
Pros
Traders receive access to many different assets
Social trading feature enables tracking of other users’ trades
Copy trading features enables users to follow and copy the action of other users’ trades
Easy for new cryptocurrency traders to understand
One of the most trusted options on the market
Cons
You need to look out for other fees
Americans do not have as many trading options as global traders
The number of cryptocurrencies available for trade is somewhat limited
CFDs come with additional risks that may not be suitable for new traders
Not available in all US states
eToro at a Glance
Notable Features
User-friendly interface, social and copy trading, real-time pricing, mobile and desktop apps, fast digital verification, demo account.
Fees
1% per crypto trade (buy/sell), $5 withdrawal fee, 0.5% currency conversion, $10/month inactivity fee after 1 year.
Cryptocurrencies
100+ globally; fewer available to U.S. users
Security Features
Mandatory two-factor authentication, advanced encryption, biometric app security, regulated in multiple jurisdictions
KYC Requirements
Full legal name, date of birth, address, phone, email, SSN (US), plus photo ID; proof of address for some users
Maximum Daily Deposit Amount
ACH: $10,000 per day – Debit Card: $40,000 per transaction – PayPal: $10,000 per transaction – Wire Transfer: $1,000,000 per transaction
Get Started
In-depth Details: What’s to Like and What You Should Know
eToro is a user-friendly, multi-asset trading platform with a strong social investing community and over 30 million users worldwide. You can trade stocks, ETFs, cryptocurrencies, and commodities, all managed in a single portfolio. Features like CopyTrader and Smart Portfolios enable you to follow or mirror top investors. They also provide advanced analysis tools, educational resources, and a free demo account for practice.
If you’re more on the experienced side, you’d probably enjoy eToroX. It’s a separate, professional-grade platform with access to advanced order types and a tiered maker/taker fee model. In this review, our focus is on the main eToro platform, but it’s definitely worth noting that eToroX exists for those of you who need a more sophisticated crypto trading experience.
History and Background
Founded in 2007 in Tel Aviv by Ronen Assia, Yoni Assia, and David Ring, eToro began as a fintech startup aiming to make global markets accessible to everyone. The company raised over $162 million in early funding. In 2014, eToro expanded into cryptocurrency trading, positioning itself among the first major platforms to support digital assets alongside traditional investments.
In 2022, eToro made headlines with a Super Bowl ad featuring Shiba Inu Coin and a Bored Ape Yacht Club NFT. They now operate in over 140 countries. The company maintains its headquarters in Israel and remains especially prominent in Europe and Latin America.
Safety and Security
eToro prioritizes your safety through strict regulatory compliance, including oversight from CySEC, the FCA, and ASIC. Client funds are held in segregated accounts at top-tier banks, and the platform employs advanced security measures to protect your data and assets. eToro’s dedicated Money wallet enables you to securely withdraw and manage crypto holdings.
For those using eToroX, the company’s advanced crypto exchange, you’ll find similar regulatory standards, along with support for professional-grade tools and custody solutions.
Here are some of the things that caught my eye:
- Cold storage: eToro stores most crypto assets offline in secure cold wallets, with hot wallets used for immediate transactions.
- SOC 2 Type II certification: eToro’s crypto custody services undergo regular independent audits to verify high standards for security and data integrity.
- Mandatory two-factor authentication (2FA): All users must enable 2FA for account access.
- Segregated client funds: User deposits are held in separate accounts at top-tier banks, not mixed with company funds.
- Regulatory oversight: Operates under strict supervision from top regulators, including the FCA (UK), CySEC (EU), ASIC (Australia), and SEC/FINRA (US).
- Multi-layered withdrawal security: Crypto transfers to external wallets require multiple verification steps, including SMS codes and manual review.
- Continuous monitoring: They track user behavior and blockchain activity in real time to detect and respond to threats.
- Educational security updates: The platform regularly informs users about scams, phishing, and fraud tactics to help them stay safe.
My Overview: One thing I really like about eToro is the Money wallet. I’m in control of my assets, I can move my coins off the exchange whenever I want, especially if I want to store them somewhere even more secure.
Special features
eToro brings a unique social twist to investing with its CopyTrader feature, enabling you to automatically mirror the trades of experienced investors in real time. CopyTrader is great for learning or hands-off investing. The Smart Portfolios offer curated, thematic baskets of assets, managed by eToro’s team, so you can invest in trends like tech or green energy with a single click.
You can also stake select cryptocurrencies, earning passive rewards based on your account tier. Advanced charting tools powered by TradingView make technical analysis accessible for all skill levels.
Usability
I found eToro’s interface straightforward and welcoming, whether on desktop or mobile. Navigating between different asset classes is simple, and the platform makes it easy to find features like CopyTrader and Smart Portfolios. Setting up trades, viewing charts, and managing your watchlist all feel easy. For those who prefer the app experience, good news – The mobile app is just as intuitive! It lets you monitor the markets and execute trades wherever you are.
Customer support
eToro offers support through an online help center, support tickets, and a live chat feature for verified users. While their knowledge base is extensive and covers most common questions, please note that the response times for direct support can vary.
Some users report delays, however, understandably- this can occur during periods of high demand. There’s no phone support for trading issues, but the self-service resources are helpful for troubleshooting and learning.
Other useful features you should know about
- Demo Account: Practice trading with $100,000 in virtual funds before risking real money.
- Staking: Earn passive rewards on supported cryptocurrencies, with rates based on your account tier.
- Advanced Charting: Access professional-grade charting tools powered by TradingView.
- Social Feed: Engage with a global community, share insights, and follow market trends in real time.
- Recurring Buys: Set up automated purchases of your favorite assets on a schedule that fits your goals.
- Educational Hub: Explore a wide range of articles, videos, and tutorials for all experience levels.
- Customizable Alerts: Receive instant notifications for price changes, news, or portfolio updates.
eToroX: For the More Advanced Crypto Trader
While eToro’s main platform is an excellent choice for beginners and casual investors, thanks to its simple interface and social trading features, eToroX is tailored for more experienced crypto traders.
eToroX offers advanced order types, access to deep liquidity via professional order books, and a tiered maker-taker fee model. Essentially, it’s a better fit for users who want a more nuanced, traditional exchange experience.
Key Differences Between eToro and eToroX
FEATURES
eToro
eToroX
USER INTERFACE
Simple, beginner-friendly dashboard with social features (CopyTrader)
Advanced trading UI with full order books and depth charts
FEES
Flat 1% per crypto trade (1% in + 1% out)
Tiered maker/taker model based on 30-day volume (as low as 0.03%)
ORDER TYPES
Market orders only
Market, limit, and other advanced order types
CHARTER TOOLS
Basic charts with sentiment data and social stats
Real-time price charts with technical indicators and order book depth
IDEAL USE CASE
Best for beginners or casual traders looking for a simple, social platform
Best for advanced or high-volume traders who need more control and lower fees
The True Cost of Trading on This Exchange
eToro’s fee structure is straightforward, but it’s important to know what you’ll pay before you trade. The standard platform uses a simple, flat fee of 1% each way, ideal for beginners who want pricing clarity. This is applied on both entry and exit, so a round-trip trade costs 2%. Stock and ETF trades are commission-free in most regions, but spreads and overnight fees apply to leveraged and CFD positions.
Withdrawing funds costs a flat $5, and non-USD deposits or withdrawals incur a currency conversion fee of around 0.5%. There’s also a $10 monthly inactivity fee after 12 months of no login. eToro’s fees are higher than some dedicated crypto exchanges, but they’re clearly disclosed and cover regulated custody, advanced features, and a robust social trading platform. eToroX uses a volume-based maker/taker fee model, offering lower fees for higher-volume traders.
Here is a quick fee Comparison: eToro vs. eToroX
Does eToro charge a monthly fee?
No, eToro does not charge a monthly maintenance fee for active users. If you do not log into your account for 12 consecutive months, eToro applies a $10 monthly inactivity fee. This fee is deducted from any available balance and continues until you log in again or your balance reaches zero. No open positions are closed to cover this fee. Simply logging in at least once a year is enough to avoid the inactivity charge
What Can You Buy on eToro?
eToro offers a wide selection of cryptocurrencies, a lot of the big names like Bitcoin, Ethereum, and more. You will also find some of the lessor known coins on the exchange, including Stellar, DAI, BAT, and more. eToro regularly adds new crypto assets, giving you access to both established coins and emerging tokens. Here’s a look at some of the available coins on the exchange:
How To Set Up an eToro Exchange Account
If you want to try out eToro for yourself, here’s what you need to do:
- Visit the eToro website or download the app, then click “Join Now” or “Trade Now”.
- Enter your full name, email address, and create a strong password. You can also sign up with Google or Facebook.
- Agree to the terms and conditions, then submit your information.
- Verify your email address by clicking the link sent to your inbox.
- Complete your profile by providing your date of birth, address, and answering questions about your trading experience and goals.
- Upload a government-issued photo ID (passport or driver’s license) and a recent proof of address (like a utility bill) for KYC verification.
- Link a payment method such as a bank account, debit card, or supported e-wallet to fund your account.
- Set up two-factor authentication (2FA) for extra security.
Once verified, usually within three business days, you can begin trading on eToro!
eToro Alternatives
eToro is a strong choice for many traders, but it might not be the ideal platform for everyone. If you want to see how they compare to other major exchanges, take a look at our comparison articles:
Why You Should Trust CryptoVantage: How I Reviewed eToro
The CryptoVantage methodology for rating the best crypto exchanges on the market incorporates different aspects of the digital asset trading experience. Some of the things we look at include:
- Trade volumes and asset availability
- Trading features and tools
- Security
- Transparency, reputation and support
- Fees and added costs
- Ease of use
Final Thoughts: Is eToro Worth It?
eToro is one of the first platforms I recommend to anyone interested in a user-friendly, all-in-one trading experience. Its social and copy trading features make it especially appealing for beginners and those who want to learn from experienced investors.
While eToro may not offer the widest range of cryptocurrencies or the lowest fees, its strong regulatory oversight, intuitive interface, and multi-asset support make it a reliable and accessible choice for most traders. If you want a platform that combines simplicity with innovative features, eToro is well worth considering.
FAQs
Yes, eToro is a legitimate and regulated platform, authorized by top-tier financial authorities like the FCA (UK), CySEC (EU), and ASIC (Australia). eToro uses strong security measures, including SOC 2 Type II certification, two-factor authentication, and segregated client funds. Some users have reported slow customer support and withdrawal delays, and there have been isolated regulatory fines and a data breach in 2024 (no funds lost). As with any platform, always use personal security best practices.
Robinhood provides a streamlined user experience and a broader range of traditional investment options, including stocks, ETFs, options, and retirement accounts, with commission-free crypto trading. eToro has a wider crypto selection and social trading features like CopyTrader, and Smart Portfolios. Robinhood is often preferred for simplicity and retirement accounts. eToro is favored by people interested in social trading and international access. The better choice depends on your investment priorities.
There is no guarantee of making money on eToro or any trading platform. Your results depend on your investment decisions, market conditions, and risk management. Features like CopyTrader enable you to follow experienced investors, but this does not ensure profits, and losses are possible. Always invest cautiously and only what you can afford to lose.
