eToro Review
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
eToro is best suited for retail investors focused on copy trading, cryptocurrency trading, or a beginner-friendly multi-asset experience. It offers 7,441 tradeable symbols spanning stocks, ETFs, forex CFDs, and over 150 cryptocurrencies, alongside one of the largest copy trading networks in the industry. Where I find drawbacks is in its pricing and order management. A spread of 1 pip for EUR/USD sits above the industry average, and stop-loss and take-profit orders can only be attached after a position is opened, not as part of the pre-trade setup.
Overall, retail investors drawn to copy trading or crypto will find eToro well-equipped. If tight spreads or advanced order management are your priorities, I'd explore alternatives with better pricing or more advanced platforms.
-
Minimum Deposit:
$50-$10,000 -
Trust Score:
97 -
Tradeable Symbols (Total):
7441
| Range of Investments | |
| Trading Fees | |
| Trading Platforms | |
| Research | |
| Mobile Trading | |
| Education |
Check out ForexBrokers.com's picks for the best forex brokers in 2026.
| #1 Beginners | Winner |
| #1 Copy Trading | Winner |
| #1 Crypto Trading | Winner |
| 2026 | #9 |
| 2025 | #9 |
| 2024 | #9 |
| 2023 | #9 |
| 2022 | #10 |
| 2021 | #9 |
| 2020 | #19 |
| 2019 | #13 |
| 2018 | #18 |
| 2017 | #13 |
Led by Steven Hatzakis, Global Director of Online Broker Research, the ForexBrokers.com research team collects and audits data across more than 100 variables. We analyze key tools and features important to forex and CFD traders and collect data on commissions, spreads, and fees across the industry to help you find the best broker for your needs.
We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system.
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Table of Contents
eToro pros and cons
Pros
- Beginner-friendly platforms ideal for casual traders and first-time investors.
- Industry leader for copy trading and crypto trading, with millions of traders available to follow.
- eToro Club VIP membership rewards higher-balance accounts with spread rebates, staking bonuses, and tiered perks up to Diamond level.
Cons
- Spreads sit above the industry average; EUR/USD typically runs 1 pip.
- Stop-loss and take-profit orders can only be added after a position is opened, not as part of the pre-trade setup.
- No downloadable desktop platform is available for Windows or Mac.
My top takeaways for eToro in 2026:
- Average EUR/USD spread of 1 pip on the standard account, above the industry average for major pairs.
- Massive copy trading network with millions of traders to follow and smart portfolios, including co-managed strategies with Franklin Templeton.
- 7,441 tradeable symbols spanning forex, stocks, ETFs, crypto, options, and futures.
- eToro Academy underwent a major overhaul with structured courses across beginner, intermediate, and advanced levels.
- Newly launched trading API and agentic trading capabilities open the door to algorithmic and AI-driven strategies for advanced users.
Trust Score
Developed by ForexBrokers.com and in use for nearly 10 years, Trust Score is a proprietary rating system powered by a range of unique quantitative and qualitative metrics, including each company’s number of regulatory licenses. Trust Scores range from 1 to 99 (the higher a broker’s rating, the better). Learn more.
Is eToro safe?
eToro is considered Highly Trusted, with an overall Trust Score of 97 out of 99. eToro is publicly traded (Nasdaq: ETOR) and does not operate a bank, but is authorised by four Tier-1 regulators (Highly Trusted), one Tier-2 regulators (Trusted), zero Tier-3 regulator (Average Risk), and one Tier-4 regulators (High Risk). eToro is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Financial Conduct Authority (FCA), and regulated in the European Union via the MiFID passporting system. Learn more about Trust Score or see where the different eToro entities are regulated.
| Feature |
|
|---|---|
| Year Founded | 2007 |
| Publicly Traded (Listed) | Yes |
| Bank | No |
| Tier-1 Licenses | 4 |
| Tier-2 Licenses | 1 |
| Tier-3 Licenses | 0 |
| Tier-4 Licenses | 1 |
Range of investments
eToro's multi-asset lineup is one of the broadest I've tested among social trading platforms. The broker lists 7441 tradeable symbols in total, including at least 65 forex pairs, over 150 cryptocurrencies, 4,910 stocks across 26 global exchanges, 981 ETFs, 46 indices, and 69 commodity CFDs. In a practical design touch that sets eToro apart, the trade ticket lets you toggle between the underlying asset and a CFD without leaving the order window. This is very useful when switching between, for example, buying physical Bitcoin and trading a crypto CFD. Product availability varies by country of residence and the applicable eToro entity.
Cryptocurrency: eToro was one of the first global forex brokers to list Bitcoin, back in 2014, and has since expanded to over 150 cryptocurrencies including both the underlying assets and crypto CFDs. Spot Bitcoin ETFs are available in supported regions, and crypto trading runs 24/7 on the platform. eToro's dedicated eToro Money wallet app manages transfers of supported crypto assets in and out of the platform. Note: crypto CFDs are not available to retail traders from any broker's U.K. entity or to residents of the Netherlands; cryptocurrency trading at eToro is also unavailable in Russia.
Options and futures: Options trading is available across asset classes through a dedicated options tab, and I found it straightforward to switch between the main and options accounts and to transfer funds between them. Futures are available in the EU and UK, spot-quoted by CME Group, with micro-sized contracts on popular assets including Bitcoin and major indices. Copy trading is not currently supported for futures positions.
Smart portfolios: Smart portfolios are thematic, periodically rebalanced collections of assets or grouped traders, functioning like a managed fund accessible with a single trade. Institutional partnerships are a feature here; the Target 2033 Smart Portfolio, co-managed with Franklin Templeton, is one example. Each portfolio displays its underlying holdings and allocation weightings before you invest.
Available investment products
During our audit, we verified access to 7441 tradeable symbols including at least 65 forex pairs, alongside options, futures, CFDs, and exchange-traded securities spanning stocks, ETFs, indices, commodities, and crypto across globally available asset classes.
| Feature |
|
|---|---|
| Tradeable Symbols (Total) | 7441 |
| Forex Pairs (Total) | 65 |
| Forex trading (Spot) | Yes |
| Forex trading (CFDs) | Yes |
| Forex trading (Options) | Yes |
| Forex trading (Futures) | Yes |
| Forex trading (Crypto) | Yes |
| Commodities: Agriculturals | Yes |
| Commodities: Oil | Yes |
| Commodities: Gold | Yes |
| Commodities: Silver | Yes |
| U.S. Stocks (Shares) | Yes |
| U.S. Stocks (CFDs) | Yes |
| U.S. Stocks (Crypto) | No |
| Global Stocks (Non-U.S. Shares) | Yes |
| Global Stocks (Non-U.S. CFDs) | Yes |
| 24/5 Trading (U.S. Stocks - Shares) | Yes |
| 24/5 Trading (U.S. Stocks - CFDs) | Yes |
| 24/7 Trading (Crypto) | Yes |
| Prediction markets | No |
| Copy Trading | Yes |
| Bitcoin (BTC) | Yes |
| Ethereum (ETH) | Yes |
| Cryptocurrencies (Total) | 159 |
| Cryptocurrency (Underlying) | Yes |
| Cryptocurrency (CFDs) | Yes |
| Cryptocurrency (Futures) | No |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Available funding options
Our tests confirm support for bank wire, credit and debit cards, PayPal, Skrill, Neteller, Apple Pay, Google Pay, and cryptocurrency wallet transfers. International wire deposits carry no added fee from eToro's side.
| Feature |
|
|---|---|
| Debit card (Deposit/withdraw) | Yes |
| Credit card (Deposit/withdraw) | Yes |
| Bank Wire (Deposit/Withdraw) | Yes |
| Non-wire bank transfer | Yes |
| Apple Pay (Deposit/Withdraw) | Yes |
| Google Pay (Deposit/Withdraw) | Yes |
| Crypto (Deposit/withdraw) | Yes |
| Cryptocurrency (Wallet transfers) | Yes |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | Yes |
| Neteller (Deposit/Withdraw) | Yes |
eToro fees
eToro is a market-maker broker with a typical variable EUR/USD spread of 1 pip on its standard account, which sits slightly above the industry average for major pairs. Retail traders generally don't choose eToro for its pricing; the spread premium is offset by the copy trading infrastructure, social discovery tools, and multi-asset product breadth. That said, if you trade forex at high volume or run strategies sensitive to tight pricing, the spread difference relative to lower-cost competitors will be costly.
VIP accounts: eToro Club is the broker's VIP tier program, with five membership levels based on account balance: Silver ($5,000), Gold ($10,000), Platinum ($25,000), Platinum+ ($50,000), and Diamond ($250,000 and above). A shortcut to Platinum-tier access is also available for $4.99 per month on a subscription basis. Perks scale with tier and include spread rebates on crypto trading, a higher staking yield, interest on uninvested USD cash balances, and at the Diamond tier, deposit insurance up to $1 million and airport lounge access. Availability of specific perks depends on your country of residence.
Popular Investor program: eToro's Popular Investor program is a separate incentive track for traders who share their strategy for others to copy. Four levels run from Cadet to Elite, with benefits including spread rebates and monthly payments, progressing to a management fee at Elite status. To qualify for the Cadet tier, you need at least $1,000 in account equity, $500 in assets copying your strategy, and a risk score below 7 for two consecutive months.
Cryptocurrency trading: Crypto positions at eToro carry a flat fee of 1% on each side of the trade, applied both when opening and closing a position, in addition to the prevailing spread. Crypto-to-crypto conversions cost 0.1%.
Exchange-traded securities: eToro offers zero-dollar commission for stock trading in the U.S. and U.K. and supports fractional shares. Residents of other countries may pay $1 or $2 per trade depending on the exchange. For U.K.-specific details, see our StockBrokers.com U.K. review of eToro.
Other fees: Options trading for non-U.S. residents carries a charge of $0.50 per contract. An inactivity fee of $10 per month applies once an account goes dormant. U.S. clients who maintain more than $5,000 across their eToro accounts avoid the $2 monthly clearing fee that applies to eToro USA Securities customers with smaller balances.
Trading fees
In our live pricing analysis, we observed a typical variable EUR/USD spread of 1 pip with no commission on forex trades; additional costs including overnight carry charges and the 1% crypto flat fee apply depending on instrument type and holding period.
| Feature |
|
|---|---|
| Average spread (EUR/USD) - Standard account | 1 |
| Average spread (EUR/USD) - Active trader account | N/A |
| Commission per trade (EUR/USD) - Standard account | N/A |
| Commission per trade (EUR/USD) - Active trader account | N/A |
| Inactivity Fee | Yes |
| International Wire Fee | 0 |
| Minimum Deposit | $50-$10,000 |
Account types
We confirmed the availability of standard, professional, Islamic, and VIP (eToro Club) account types during our evaluation; eToro does not offer a commission-based raw-spread or ECN account.
| Feature |
|
|---|---|
| Variable Spreads | Yes |
| Fixed Spreads | No |
| Active Trader Program | Yes |
| VIP/Premium Account | Yes |
| Professional Account | Yes |
| Islamic Account | Yes |
Mobile trading apps
I spent considerable time in the eToro mobile app across both Android and iOS and found it one of the most feature-complete social trading apps on the market. The interface closely mirrors the web platform in design and capability, making transitions between desktop and mobile easy. For most retail traders, the app works as a fully viable primary trading platform.
Navigation: Five dedicated bottom navigation tabs (Home, Watchlist, Portfolio, Discover, and Wallet) keep the core sections immediately accessible. Watchlists sync across devices, though a logout-login cycle is required to trigger a refresh. The Discover tab stands out: its sub-categories let you filter not just by asset class but also by other traders in the network available to copy, treating community members almost like investable instruments. The economic calendar is accessible only via the expanded side panel rather than surfaced in the default shortcuts, which makes it harder to find than it should be.
Charting: Charts are powered by TradingView and support 104 indicators. You can save a chart template with preferred indicators applied, and that template syncs with the web platform, which I found useful. No drawing tools are available on mobile despite TradingView's extensive drawing support on the web version. Nine timeframes span 1-minute to weekly, with no sub-minute or monthly options for traders who need finer granularity.
Order management: The most significant limitation in the app is that stop-loss and take-profit orders can only be applied after a position is already open, not as part of the pre-trade setup. Most brokers let you set these controls before placing a trade. For active day traders, an unprotected open position in a fast-moving market is a real risk. Risk-reward visuals do appear when modifying an existing position, but not at the point of trade entry where they matter most.
Copy trading and discovery: This is where the app is strongest. Adding traders to a watchlist, reviewing performance statistics and open positions, and configuring the balance percentage to allocate to a specific investor all work well. Smart portfolios including institutional co-managed offerings are also accessible from the app. The Discover tab's social feed surfaces trending assets and community trade updates, adding a discovery layer that goes beyond what most trading apps offer.

eToro's mobile app extends its social trading approach to options with the Options Trade Feed, displaying real-time trades made by community members. Each entry shows the trader's username, the action taken (bought call or bought put), the underlying symbol (NIO, NVDA, SPY), strike price, and expiration date, letting users see what others are trading as it happens. The top navigation allows quick switching between Stocks, Crypto, ETFs, CopyTrader, and Options tabs.
Cryptocurrency wallet: eToro Money, the brand's dedicated wallet app, functions separately from the main platform and enables deposits, withdrawals, and transfers of supported crypto assets. Its interface mirrors the main eToro app. Note: eToroX, the brand's crypto exchange, is no longer available to retail clients.
Available mobile platforms and tools
In our hands-on testing, we found 104 built-in TradingView charting indicators in the eToro mobile app, alongside a deep copy trading discovery layer and synced watchlists, though drawing tools are absent and stop-loss orders cannot be placed before a trade is opened.
| Feature |
|
|---|---|
| Proprietary Mobile Trading App | Yes |
| Android App | Yes |
| Apple iOS App | Yes |
| Mobile Price Alerts | Yes |
| Mobile Charting - Draw Trendlines | Yes |
| Mobile Charting - Trendlines Autosave | No |
| Mobile Charting - Indicators / Studies | 104 |
| Mobile Charting - Indicators Autosave | Yes |
| Mobile Watchlists - Column Filtering | Yes |
| Mobile Watchlists - Column Customization | Yes |
| Mobile Watchlists - Create & Manage | Yes |
| Mobile Watchlists - Syncing | Yes |
Trading platforms
eToro's defining proposition is merging self-directed trading and copy trading under a single web interface. There is no MetaTrader and no downloadable desktop client for Windows or Mac. What you get is a proprietary web platform refined over nearly two decades for retail investors who want to trade, invest, and follow others without the overhead of a professional-grade terminal.
Navigation and customization: The web platform features a collapsible left-side navigation panel with clearly labeled sections and sub-tabs. The layout is fixed and non-modular. You cannot rearrange windows or link chart panels the way a more professional terminal supports. Customization is limited to light or dark mode and a default landing page. For eToro's target audience, this is a deliberate design choice rather than a gap.

eToro's Explore Crypto section ranks cryptocurrencies by market cap alongside a CoinFi Signal column showing Hold or Sell recommendations based on technical indicators. A token carousel at the top and global market cap figure add market context at a glance.
Charting via TradingView: Charts are powered by TradingView and include 106 indicators. ProCharts, available to Silver-tier eToro Club members, enables simultaneous multi-chart analysis on multi-monitor setups, and saved chart layouts including applied indicators sync across devices and instruments. That said, trading directly from the chart is not supported. Positions appear as markers but cannot be modified by dragging stop-loss or take-profit levels. Nine timeframes run from 1-minute to weekly, with no sub-minute or monthly options.
Order management: Stop-loss and take-profit orders can only be set on a mid-trade basis, after a position is already open. The platform supports market orders, limit entry orders, and a trailing stop-loss applied post-trade. There are no OCO or OTO order types available, and no depth of market accessible. For scalpers or active day traders, this is a meaningful constraint. That said, one useful feature is the ability to switch between the underlying asset and a CFD within the order ticket itself, particularly when trading crypto.
API and agentic trading: eToro recently launched a trading API, opening the door to programmatic execution and third-party tool integration. More recently, the broker announced agentic trading capabilities, letting users connect an AI agent to their account to execute thesis-driven strategies, react to external data feeds such as earnings releases, and rebalance portfolios based on predefined rules. A planned App Store for third-party developers will expand this further. These are early-stage features, but they represent a meaningful evolution for technical users.
Copy trading: The web platform is the optimal environment for exploring eToro's copy trading ecosystem. You can filter millions of traders by risk score, analyze performance statistics, review open positions, and allocate a specific balance percentage to copy. Fully automated trading systems are not permitted at eToro, however. Traders in the network place each trade manually, which is a meaningful trust signal when evaluating who to follow. Smart portfolios can also be monitored and configured from the web interface.
Steven's expert take
"The ability to add other traders to your watchlist and treat them almost like investable assets isn't something I've seen replicated anywhere else. eToro's Discover tab functions as a screener for both markets and people simultaneously, which is highly innovative."
Steven Hatzakis
Director of Online Broker Research
Available trading platforms and features
Our platform walkthrough verified 106 TradingView-powered charting indicators, including ProCharts for multi-monitor setups and chart layout syncing across devices, though drag-to-modify chart trading and pre-trade stop-loss placement are not currently supported.
| Feature |
|
|---|---|
| Desktop Platform (Windows) | No |
| Desktop Platform (Mac) | No |
| MetaTrader 4 (MT4) | No |
| MetaTrader 5 (MT5) | No |
| FX Blue | No |
| Proprietary Desktop Trading Platform | Yes |
| Proprietary Web Trading Platform | Yes |
| TradingView | No |
| cTrader | No |
| Algorithmic trading | No |
| API Access | Yes |
| Charts can be saved | Yes |
| Client sentiment data | Yes |
| Trading Signals | Yes |
| Price Alerts | Yes |
| Virtual Private Server (VPS) | No |
| Virtual Trading (Demo) | Yes |
| Charting - Indicators / Studies (Total) | 106 |
| Charting - Trade From Chart | Yes |
| Charting - TradingView | Yes |
Available order types
We verified the availability of market, limit, and stop orders alongside a trailing stop-loss within the trade ticket; stop-loss and take-profit orders cannot be set before a position is opened, which is a notable limitation relative to most competing platforms.
| Feature |
|
|---|---|
| Order Type - Market | Yes |
| Order Type - Limit | Yes |
| Order Type - Stop | Yes |
| Order Type - Trailing Stop | Yes |
| Order Type - OCO | No |
| Order Type - OTO | No |
| Order Type - GSLO | No |
Research
eToro's research offering has improved noticeably year over year and now represents a relatively strong range of analysis and tools. The combination of third-party data tools and in-house analyst content produces a capable research workflow, and I found the breadth of coverage across asset classes and formats to be competitive.
News and market analysis: News headlines are aggregated by CityFalcon from top-tier sources including CNBC, FXStreet, Finbold, Benzinga, and CoinDesk, and are presented asset-specifically under the News tab for each instrument. In-house analyst content includes daily market commentary articles and videos, quarterly investment outlooks, and original series including Digest and Invest, Market Bites, Trader Talks, and Loud Investing. Podcasts are available on Spotify under the eToro channel. Some older series have not been updated recently and may have been discontinued, but the active programming is substantial in both breadth and format variety.

eToro's YouTube channel spans 127K subscribers and more than 630 videos across several branded series, including Real Investors Real Journeys, Market Bites, Trader Talks, and Loud Investing. Content ranges from short community profiles and stock-specific analysis to longer-form market commentary, extending the research offering well beyond the platform.
TipRanks and CoinFi: TipRanks is integrated directly into the platform and provides analyst consensus, price targets, and ratings for supported stock assets. For crypto assets, CoinFi supplies a technical analysis summary based on a confluence of eight indicators including RSI, stochastics, and exponential moving averages. These tools are available to funded account holders and add meaningful analytical depth, particularly for equity and crypto research. There is no comparable analysis tool for forex pairs beyond the integrated news tab.
Economic calendar and sentiment: The economic calendar covers global economic events and earnings releases, though it lacks forecast and consensus figures alongside the event labels, which limits its utility compared to more detailed calendars at other brokers. Sentiment data at eToro is drawn from the trade activity of top performers in the network rather than all users, which I consider a more reliable signal than raw client positioning data. The social wall feed provides a real-time stream of community posts and trade updates, filterable by language.
Available research tools
Our analysis found CityFalcon-aggregated news, integrated TipRanks stock research, CoinFi crypto analysis, and an active in-house content series spanning articles, videos, and podcasts, though Autochartist, Acuity Trading, and Trading Central are not available.
| Feature |
|
|---|---|
| Forex News (Top-Tier Sources) | Yes |
| Daily Market Commentary (Articles) | Yes |
| Daily Market Commentary (Videos) | Yes |
| Economic Calendar | Yes |
| Research - Earnings Calendar | Yes |
| Acuity Trading | No |
| Autochartist | No |
| TipRanks | Yes |
| Trading Central | No |
| Mobile Research - News | Yes |
| Mobile Research - Economic Calendar | No |
| Mobile Research - Market Movers | Yes |
Education
eToro's education offering has undergone a significant overhaul and now ranks among the strongest I've reviewed for a retail trading platform. The eToro Academy delivers structured courses organized by asset class and experience level, with content that goes well beyond surface-level introductions into actual trading education. This improvement is one of the clearest year-over-year progress stories among the brokers I evaluate annually.
Course structure: The Academy features courses organized by theme (stocks, crypto, forex, ETFs) and by experience level (beginner, intermediate, advanced), with each course broken into multiple lessons. Instructors including Sam North and Justin Freeman bring meaningful financial markets experience to the course content. Progress tracking is visible through a percentage bar in each course, though the implementation could be better. Navigating away and returning sometimes requires re-orientation rather than a clean resumption, and the ability to skip sections makes it easy to browse without fully engaging.

eToro Academy's Advanced Trading Strategies course shows the structured lesson format, with key concepts highlighted and a progress tracker showing 17% completion. Written content, illustrative images, and end-of-lesson quizzes give the experience more shape than a standalone article or video.
Platform tutorials and video library: eToro dedicates more than 20 videos to platform basics through its eToro Basics playlist, covering copy trading fundamentals, order placement, and account features. The YouTube channel supplements this with over 600 total videos since inception, including archived webinars, market analysis, and product explainers. I found the mix of research, promotional, and educational content could benefit from clearer categorization to help beginners identify relevant material quickly.
Quizzes and interactivity: Quizzes appear at the end of course sections, though the difficulty level is modest. Questions such as "What defines a trader?" or asking which of three options best describes behavioral finance set a low bar and do not require learners to engage closely with the material. Raising quiz rigor would strengthen the learning outcome without undermining the beginner-friendly positioning that has made eToro's Academy competitive.
Available educational offerings
We found a substantially revamped eToro Academy with structured, multi-level courses, over 20 platform tutorial videos, regular webinars, and an active YouTube library; raising quiz difficulty would strengthen engagement with the course materials.
| Feature |
|
|---|---|
| Education (Forex) | Yes |
| Education (CFDs) | Yes |
| Education (Crypto) | Yes |
| Education (Stocks) | Yes |
| Education Area (Website) | Yes |
| Education Area (Mobile App) | Yes |
| Webinars | Yes |
| Videos - Beginner Trading Videos | Yes |
| Videos - Advanced Trading Videos | Yes |
Final thoughts
eToro makes it easier than almost any other platform for retail investors to participate in copy trading, explore multi-asset markets, and benefit from the collective activity of millions of traders. Spreads that sit above the industry average and the absence of pre-trade stop-loss placement prevent it from competing head-to-head with tighter-priced brokers for active forex and CFD trading. For beginners, copy traders, and crypto investors, eToro is a standout choice and earned first place for copy trading in our 2026 Annual Awards, a ranking that reflects the depth and scale of what the platform has built over nearly two decades.
eToro's Star Ratings
| Feature |
|
|---|---|
| Overall Rating |
|
| Trust Score | 97 |
| Range of Investments |
|
| Trading Fees |
|
| Trading Platforms |
|
| Research |
|
| Mobile Trading |
|
| Education |
|
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Our testing
Why you should trust us
Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).
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How we tested
At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
Mobile testing is conducted on modern devices that run the most up-to-date operating systems available:
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Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.
Article Resources
eToro Regulation, eToro Learning Academy, eToro YouTube channel
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After day trading millions of dollars in volume across a range of asset classes, I'm sharing my top picks for the best forex brokers for day trading.
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We tested and ranked the best forex brokers that offer MetaTrader 5, the popular trading platform developed by MetaQuotes Software.
Steven Hatzakis February 17, 2026
Learn everything you need to know about market maker brokers and check out my picks for the best forex market makers.
Steven Hatzakis April 02, 2026
Interested in practicing trading forex? Check out our top picks for forex demo accounts.
Steven Hatzakis April 14, 2026
Choosing a crypto broker for trading bitcoin and other cryptocurrencies isn't easy. Check out our top picks for the best forex brokers that offer cryptocurrency trading.
Steven Hatzakis March 31, 2026
Learn about high-frequency trading, and how it works, and discover the best forex brokers for HFT trading systems.
Steven Hatzakis May 14, 2026Popular Forex Broker Reviews
For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading.
Steven Hatzakis May 04, 2026
Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets.
Steven Hatzakis May 04, 2026
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities.
Steven Hatzakis May 04, 2026
Octa offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform.
Steven Hatzakis May 04, 2026
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders.
Steven Hatzakis May 04, 2026
ACY Securities is a MetaTrader-only broker with a reasonable range of markets and a balanced account offering.
Steven Hatzakis May 04, 2026
Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.
Steven Hatzakis May 14, 2026
Alongside quality research and MetaTrader offering, HFM (HF Markets) offers a proprietary copy trading platform, HFcopy, as well as a decent selection of nearly 1,000 CFDs (including 100+ forex pairs).
Steven Hatzakis May 04, 2026
Traders choose Swissquote for its quality research and vast multi-asset offering.
Steven Hatzakis May 04, 2026
Traders choose Admiral Markets (Admirals) for its excellent investor education and advanced MetaTrader features.
Steven Hatzakis May 04, 2026
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading.
Steven Hatzakis May 14, 2026
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience.
Steven Hatzakis May 04, 2026
CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and nearly 12,000 tradeable instruments
Steven Hatzakis May 04, 2026
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to share trading and selection of CFDs.
Steven Hatzakis May 04, 2026
TD Ameritrade’s thinkorswim platform offers over 70 tradeable currency pairs alongside a plethora of impressive tools, research, and education.
Steven Hatzakis May 04, 2026
A trusted global brand, OANDA stands out for its reputation and quality market research.
Steven Hatzakis May 04, 2026
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods.
Steven Hatzakis May 04, 2026
Backed by StoneX Group, City Index is a trusted brand known for its versatile trading platforms, excellent mobile app, and diverse market research.
Steven Hatzakis May 04, 2026
FinecoBank is a trusted multi-asset broker offering forex and CFDs across its brands regulated in the U.K. and Italy.
Steven Hatzakis May 04, 2026
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform.
Steven Hatzakis May 04, 2026
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe.
Steven Hatzakis May 04, 2026
IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, and industry-leading education.
Steven Hatzakis May 14, 2026
Eightcap offers MetaTrader platforms with added third-party plugin support and provides U.K. clients access to TradingView for enhanced charting and analysis.
Steven Hatzakis May 04, 2026
Saxo is an exclusive multi-asset broker with brilliant research and a superb trading platform experience – and a selection of over 40,000 s securities.
Steven Hatzakis May 04, 2026
Is Capital.com worth it in 2026? Our expert review covers 400+ crypto CFDs, a 0.64-pip EUR/USD spread, commission-free pricing, and platform quality.
Steven Hatzakis May 07, 2026
IC Markets’ competitive pricing and scalable execution make it an excellent option for algorithmic traders.
Steven Hatzakis May 04, 2026About eToro
An early pioneer in social copy trading, eToro was founded in Israel in 2007 and has grown to serve more than 40 million registered users across more than 75 countries. The company became publicly traded in 2025 (Nasdaq: ETOR) and reported $18.4 billion in assets under administration as of Q2 2025. eToro is regulated across multiple tier-1 jurisdictions including the FCA (U.K.), ASIC (Australia), MAS (Singapore), CySEC (Cyprus), and MFSA (Malta), as well as the DFSA in the UAE and the FSA in the Seychelles. The platform continually evolves its product offering, having added options trading, futures, a trading API, agentic trading capabilities, and a revamped eToro Academy in recent years.