eToro Broker Review

May 10, 2023

One of the pioneers in social investing, eToro is the world's largest provider of commission-free social trading platforms. This broker provides 3000+ trading instruments and is regulated in Australia and the UK.

eToro is the world's largest social trading platform provider. With the trading platform made by eToro, traders can connect with millions of users from all over the world. The way it works is also fairly effective because traders can copy trades from other users without being charged fees or commissions.

This broker is indeed different from brokers in general. Apart from being a company that provides Copy Trading, eToro also provides a variety of trading instruments ranging from forex, stocks, indices, to currencies.

The eToro broker was founded in 2007 and is regulated by ASIC, FCA (UK), and CySEC. So you could say, this European broker is a legal company and has clear credibility. Besides having strict regulations, eToro is also under the auspices of big banks. Its function is to control the transactions that take place so that traders can feel the trading climate in a transparent and safe manner. Not only that, but beginners can also copy trading strategies from professional traders via eToro platform.

Broker Name eToro
Website Click here to go to eToro's official website
Company eToro Group Ltd
Founded on 2007
Headquarters 4 Profiti Ilia Street, Germasogeia, Limassol, Cyprus
Regulators CySec (Cyprus, license number: #109/10), FCA (UK: FRN 583263), ASIC (Australia, 491139)
Customer service E-mail
website language English, Malay, Thai, Mandarin, Dutch, German, etc.
Deposits And Withdrawals Local banks throughout Indonesia, credit cards, e-payments (Paypal, Skrill, Neteller, local depositors via online banking)
Expert Analysis ✔️
Partnership Program ✔️
Educational Content ✔️
Trading platforms eToro trading platform (PC, Android and IOS)
Trading instruments Forex, indices, commodities, and international stocks
Spreads Fixed spreads
Minimum initial deposit USD200
Account Currency USD
leverage Flexible in every transaction
Minimum Lots Forex: 0.01 lot (1000 units), global shares: 50 USD
Order Execution Market Execution
Copy Trading ✔️

 

  • Advanced Social Trading Platform
    eToro uses a platform that is user-friendly for traders who want to do social trading. At eToro, you can copy trading results from other members who have a good and professional track record. Apart from that, traders can also chat or share about trading with other members without significant obstacles. The social trading platform provided by the eToro broker is also designed in a neat and professional manner via cellphones and tablets.

  • Copy Trading without Profit Sharing
    Unlike some of the copy trading features at other brokers, traders will usually be charged profit sharing (profit sharing)/commission. On eToro, traders can copy strategies from other traders who are considered more professional for free without any profit sharing/commissions at all, so that the profit generated will fully belong to the investor. Example: trader A that we copy makes a 10% profit this month, so our account will also profit 10% proportionally. Copy trading on eToro, allows all traders to freely copy each other so that traders/investors can achieve maximum profits.

  • Partnership Programs Available
    With more than 12 years of experience, eToro continues to maintain their existence by providing various partnership programs for clients. With the partnership program, it opens opportunities to develop a side business while still being able to trade. Traders who join this program will also get lots of benefits, including; get support from affiliate managers and experienced IBs, get to enjoy the advantages of the facilities provided by eToro faster, and various other profitable compensations.

  • Online Trading Education
    eToro offers online trading education that is useful as information and reference about financial market movements. Learn with eToro through the three educational models they provide, including; Webinars, online educational materials to trading videos that present a variety of trading guides in a simple, clear, and useful manner. The advantages of online trading education from eToro can help traders determine the appropriate form of trading strategy. This facility can be accessed free of charge only on the official website.

  • Highly Accessible Client Support
    Another advantage of trading activities that take place on eToro is the availability of easy support and being able to meet the needs of traders when they encounter problems. Apart from chatting with CS, traders can also post various questions directed to other traders' pages.

Education (46)

1. What Is Forex? 2. Why Does Forex Market Exist? 3. What Drives the Forex Market? 4. Why is Forex Trading Popular? 5. Can I Get Rich in Forex? 6. Are You Curious? Want to Discover More about Forex Trading? Meet Demo Acount! 7. I'm a Newbie, How to Master Forex Trading? 8. What Forex Knowledge Should I Conquer? What Are the Steps to Go Thorugh the Journey? 9. What are Software and Glossaries in Trading Forex? 10. How to Read the Forex Market? 11. How to Practice Forex Trading? 12. How to Ride on the Forex Wave? 13. How to Prepare Basic Trading Requirement? By the Demo Account? What about the MT4/MT5? 14. What is Bid-Ask Spread? 15. What is Pip? 16. What is Lot Size 17. What is Leverage in Forex Trading? 18. What is Margin? 19. When to Trade Forex? 20. What is the Most Dominant Market in Forex? How is the Characteristic? 21. What is Chart in Forex? 22. What is Candlestick? Why is It the Most Popular Chart in Forex? 23. What is Technical Analysis? 24. What is Fundamental Analysis? 25. What are MT4 Indicators and How to Use Them? 26. What is Risk in Forex? 27. What is the Psychological Effect in Forex Trading? 28. How to Compile a Strategy Template? 29. How Long Should You Practice in a Demo Account? 30. When Do I Need to Start Learning about Brokers? 31. What Exactly Does a Forex Broker Do? 32. Can I Trade Forex without Broker? 33. How Much Money Do You Need to Trade in Forex Brokers? 34. How to Choose a Good Forex Broker? 35. What is Regulation? And Why Should Regulation Exist? 36. Why Should You Choose Forex Brokers with Top-tier Regulations? 37. How to Choose Forex Brokers Based on Your Need and Where You Are From? 38. What Brokers Should You Avoid? 39. Is There Any Broker Scam in History? How Bad Is It? 40. What are the Most Popular Brokers in The World? 41. What are the Best Brokers For Entry-Level Traders? 42. What are the Best Brokers for Traders with Minimum Deposit Capabilities? 43. Which Broker Provides a Demo Account and Easy Setup? 44. Which Broker Provides Easy Registrations? 45. What and How to Deposit on Forex Brokers? 46. What and How to Withdraw from Forex Brokers?

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