eToro Brokerage Company Review
eToro Brokerage Company
eToro is a unique social trading platform. It allows its clients to trade in a variety of financial instruments using innovative tools and technology. At the same time, users can replicate other traders’ portfolio and trading activities using eToro’s CopyTrader technology.
Using eToro’s powerful trading platforms, its clients can trade in thousands of financial assets with the help of technology and strategies. The financial instruments include stocks, commodities like gold, oil, natural gas as CFDs, currencies like EUR/USD, USD/JPY, ETFs including SSO and EEM, indices like NASDAQ, Dow Jones, and cryptocurrencies.
Along with the provision to trade on your own, eToro also gives the traders an option to either become a leader or a follower in social trading. This means that the traders can either copy other traders’ trading activities and pay for it, or they can let others copy their trading activities and get paid for it.
eToro offers social trading tools like CopyTrader and CopyPortfolios. CopyTrader allows the clients to automate a part of their trading and copy the moves of other designated traders in real time. This helps the traders who lack the time and experience to formulate their own strategies and work plan. On the other hand, CopyPortfolios groups certain investors together and forms a portfolio. The portfolio is adjusted from time to time to optimize the performance. CopyPortfolios can be Top Trader CopyPortfolios, Market CopyPortfolios, or Partner CopyPortfolios.
Therefore, due to the efficiency and uniqueness of social trading and regular trading, eToro has millions of clients across the world. The company offers simple, innovative, secure, collaborative, and educational avenues for trading. The pricing structure and information setup are highly transparent such that the past performance, gains, losses, risks, and portfolio diversity is accessible by all the clients.
Cyprus, UK, and Australia
Years in business
Number of clients
Stocks, ETFs, Currency pairs, Indices, Commodities, Cryptocurrencies
Cyprus Securities & Exchange Commission, FCA, and Australian Financial Services Licence
Charges overnight fee for any position open at 17:00 EST