eToro Review – Why Choose eToro as a Forex Broker?

In this ultimate eToro review, know more about stocks, currency, crypto, and, commodities. Also, find Pros and Cons of eToro Forex Broker.

eToro is an Israeli social trading and multiple asset brokers which provides financial trading in stocks, forex, crypto assets, indexes, CFDs and copy-trading services. Recently, Etoro launched crypto trading and copy trading in the US.

The company has offices in Cyprus, Israel, the United Kingdom, the United States, and Australia. Valued at over 800 million dollars in 2018, eToro has more than seven million users globally. The company is one of the few innovative brokers that emphasis on cryptocurrency trading.

eToro Review Pros and Cons

It provides its users with an easy to use trading platforms that let them invest in cryptocurrencies and a mobile wallet that allows traders to trade and send funds but not to receive them. 

eToro makes investing in Bitcoin and other cryptocurrencies easy through its support of diverse payment methods. The broker is best for speculators of financial assets whose sole aim is to trade assets for fiat currencies.

Company Overview – eToro Review

eToro began operation in 2007 as a social investment network. The platform is a modern financial trading system that gives users the capacity to communicate with other users.

CEO Yoni aims to develop a system that would disrupt the standard banking system and play a pioneering role in ushering a new digital financial age. 

eToro has through various cycles, with eToro X being the most recent service introduction. eToroX is a completely regulated crypto exchange. 

eToro services 

eToro brokerage’s platform lets users invest in multiple assets which include commodities, stock, currencies, indices, and cryptocurrencies.

The primary and most significant offer of the company is the copy trading feature which makes the company a social trading platform.

Copying traders and CopyPortfolios 

Apart from independent trading and investment, it gives users two additional trading options. These are copy trading and CopyPortfolio. 

eToro’s CryptoPortfolio

eToro offers a special service known as CryptoPortfolio. CopyPortfolio is a portfolio management service. 

It essentially lets you invest in the majority of popular cryptocurrencies such as Bitcoin, Ethereum, Dash, Litcoin, Ripple and Ethereum Classic. The minimum amount you can invest in the CryptoPortfolio is 5,000 dollars.

eToro CopyPortfolios

Investing in the Cryptoportfolio exposes you to additional currencies concurrently and diversify the risk involved in investing in only one cryptocurrency. 

It’s related to when you invest in a particular index where an expert selects a mixture of assetS for you to invest in. When you invest in it, you’re automatically copying multiple markets or traders following and investment strategy that is previously determined.

For a cryptocurrency to be included in a CryptoPortfolio, it must meet specific requirements and these include: 

  • A Minimum market cap of 1 billion USD
  • A Minimum average monthly trading volume of 20 million USD 
  • The cryptocoin must have a weight in the portfolio equivalent to its market cap size with a minimum of 5 percent. 

If any currency fails to meet the minimum requirements, it is removed from the portfolio automatically. The CryptoPortfolio is analyzed and rebalanced every first trading day of every month. 

You can select from two forms of CopyPortfolios: 

1. Partner Portfolios

Partner portfolios are investment means offered by eToro partners.

2. Market Portfolios

These are high performing assets from specific markets.

CopyPortfolio aims to assist investors to reduce long-term investment risks by producing diversified investments. As soon as you invest in a CopyPortfolio, your fund would be managed by experts among eToro’s investment committee.

Every CopyPortfolio’s performance is given in-depth analysis and routinely rebalanced to boost its benefit potential. 

Copy Trading

eToro’s traders are manual traders. The platform does not support full automated trading and this implies copy traders who trade manually.

eToro Copy Trading

This is significant as most related social trading platforms allow both manual copy trading and automated copy trading automated strategies.

eToroX

eToroX Regulated Cryptocurrency Exchange

eToro launched eToroX on April 26, 2019 – as an entirely regulated cryptocurrency exchange. eToroX allows users the real assess to crypto assets. So, you don’t just speculate but you can withdraw your asset from the exchange. 

Currencies and Payment Methods 

Cryptocurrencies supported Investments in eToro are carried out as CFD. And what this means you just speculate on the price of the asset without accessing the coin in question.

The total currency list includes Bitcoin (BTC) Ethereum (ETH) Ripple (XRP) Litecoin (LTC) Bitcoin Cash (BCH) Dash (DASH) Ethereum Classic (ETC) Cardano (ADA) IOTA (MIOTA) Stellar (XLM) EOS (EOS) NEO (NEO) Zcash (ZEC) Binance Coin (BNB) 

Deposit methods

eToro gives users a diverse range of deposit options and this can include: Credit/debit card Wire transfer, PayPal, Skrill, Neteller, Webmoney, Giropay, China Union Pay, Yandex Local Online Banking. The minimum primary deposit allowed is 200 USD.

eToro accounts are mostly in USD and when you upload a fund, not in the USD it is routinely converted into USD. 

eToro Fees

As a result of multiple numbers of trading options offered on eToro’s platform, the fee structure differs from one investment asset to the other.

The cost of trading cryptocurrency directly is high and higher than what you’d obtain from the majority of exchanges. For exiting your position while trading Bitcoin, you pay a high fee of 0.75 percent.

The rate for trading other cryptocurrencies is much higher and between 2 percent to 4 percent fee which is pretty extreme. Besides these, you equally pay withdrawal fees anytime you want to withdraw your funds. 

You only withdraw fiat cash fiat out of eToro, and each withdraws would cost you 5 dollars for each withdrawal. Again, eToro charges an inactivity fee from users who fail to log into their account for 12 months.

Once your account is marked as inactive, you’ll be charged 10 dollars every month. To avoid the charges, try to log into your account at least once every quarter. 

Is eToro Safe?

eToro is a regulated financial trading company. Operating with a license, the company’s platform is a safe way to trade forex and CFDs.

eToro is regarded as a low-risk trading company. The company has an overall Trust Score of 91 out of 99. Although eToro is not a publicly-traded company, it doesn’t also manage a bank.

eToro (UK) Ltd is a Financial Services Company. The company is authorized and regulated by the Financial Conduct Authority (FCA) with the license number FRN 583263. The subsidiaries of eToro are equally authorized by the Australian Securities & Investment Commission and the Cyprus Securities and Exchange Commission

Etoro Feature Overview

FeatureeToro
Year Founded2007
Publicly Traded (Listed)No
BankNo
Tier-1 Licenses2
Tier-2 Licenses1
Tier-3 Licenses0
Trust Score91

eToro Investment offers

eToro provides forex traders and CFD traders with a broad selection investment alternative. Besides, 47 currency pairs for spot trading, eToro equally offers 1,933 CFDs which includes cryptocurrencies.

eToro Investment offers

eToro is the best cryptocurrency trading platform for 2020. However, Trading in the actual (non-CFD) underlying crypto assets is accessible to the company’s eToroX offer. It’s is regulated by the Gibraltar FSC, and registered in the US with FinCEN as a Money Service Business (MSB).

Investment offers 

Investment offerseToro
Forex: Spot TradingYes
Currency Pairs (Total Forex Pairs)47
CFDs – Total Offered1980
Social Trading / Copy-TradingYes
Cryptocurrency traded as actualYes
Cryptocurrency traded as CFDYes

Commissions & Fees – eToro Review

eToro is a market-maker broker. It charges a standard minimum fixed spread of three pips on the EUR/USD and the S&P 500 are charged at 75.00 pips. When you compare the rate with that of other brokers with fixed and floating spreads, eToro’s rate is costly. 

The primary purpose traders choose eToro’s platform is for the social trading feature and not for the spread or pricing because it is rather expensive.

Besides, the spreads can widen greatly according to market conditions. Overnight and weekend holding charges are above average and this can greatly minimize profitability. 

eToro provides a competitive spread for each side of shares, and it has in recent times launched a commission-free stock

trading. However, weekday overnight holdings are presently 24 cents for every 1,000 dollars of leveraged long exposure. The fee is triple for the weekend without any overnight fee charge for non-leverage long exposure.

The broker places a charge of 5 dollars besides potential additional withdrawal charges of bank or credit card charges. The company’s withdrawal charges are the highest amongst other European brokers.

eToro doesn’t permit withdrawals that are not up to 50 dollars are allowed. The company does offer an eToro Club program which offers a few discounts and additional services depending on the size of the account.

VIP accounts

eToro has a VIP club membership. The membership is 5-tiered and ranges from gold to diamond for traders who have account balances of roughly 5,000 to 250,000 words.

etoro Club VIP Accounts

The benefits differ according to level and can include a dedicated account manager, discounted withdrawal and deposit fees, private signals access, unique assets and more.

Account tiers 

The investor program in eToro is made up of four levels which range from cadet to the elite level. Elite is the highest level and comes with many perks including spread rebates, monthly payment, and a management fee.

Compared to the active trader program which normally needs you to meet specific volume or deposit threshold, the Popular Investor program allows traders to concentrate on successful attempts to be eligible for specified incentives.

Cryptocurrency Trading

eToro Cryptocurrency - eToro Review

The charge for exchanging crypto to fiat at eToroX is 5 percent according to eToroX’s 1 percent charge plus a 4 percent Simplex charge.

The charge to convert crypto to crypto is merely 0.1 percent with a minimum trade size of 20 dollars and a maximum trade size of 10,000 dollars for every transaction.

With regards to crypto trading costs, spreads at eToro vary from 0.75 percent on Bitcoin (BTC) to 4.5 percent on crypto-assets like Miota (IOTA).

FeatureeToro
Minimum Initial Deposit$200
Average Spread EUR/USD – Standard3 (as of May 19)
All-in Cost EUR/USD – ActiveN/A
Active Trader or VIP DiscountsYes

Platforms and Tools

eToro performs well in uniting self-directed trading and copy trading under one single trading experience. It’s an appealing arrangement. EToro’s platform is easy to use.

Platforms and Tools

You can easily perform basic operations and other actions fast including many watchlists and add instruments by performing a search for accessible markets and also place trades straight from each watchlist. These qualities assisted eToro rank best in Class for user-friendly interface and for newbies.

CopyPortfolios

One inventive tool of eToro is the CopyPortfolios. CopyPortfolios assist to close the gap for investors who want to passively utilize eToro because it allows them to generate a portfolio completely based on one or more CopyPortfolios.

Conversely, self-directed traders equally make use of CopyPortfolios for diversification purposes. 

Cryptocurrency tools

Besides doing self-directed trading on ninety-three cryptocurrency CFD pairs, traders can also get cryptocurrency trading ideas and copy other expert crypto single traders or groups of traders.

Those that want to trade actual crypto-assets can do that through eToro’s recent service offer-eToroX. It is a mobile wallet app that functions as a curator with the use of multiple signature schemes and which almost looks like eToro’s forex mobile app.

eToro’s Cryptocurrency 

eToro have equally launched iOS and Android wallet which allows users to trade and transfer cryptocurrencies via their mobile phone.

Nevertheless, the wallet doesn’t appear to be a true cryptocurrency wallet but instead, an improved interface compared to eToro’s current platform.

eToro’s Cryptocurrency

eToro’s wallet is not a true wallet that allows you complete control of your money. It merely lets you log into your eToro account and trade or transfer particle currencies with it.

Eventually, your fund is stored by eToro instead of the wallet. However, if you choose to, you can transfer your funds outside the eToro’s wallet to a self-hosted wallet.

Although eToro’s wallet is great for newbies, it is not recommended for storing large amounts of the crypto coin if you want to do serious cryptocurrency investment. EToro’s wallet presently can store Bitcoin, Litecoin, Ethereum and Bitcoin Cash.

Customer support and online eToro reviews 

You can access customer support in nine different languages and you can access this through eToro’s online helpdesk. You can equally do a live chat or get direct phone support.

Customer Care Help desk eToro

The customer support link on the platform directs you back to the ticket and database menus. eToro has active Twitter and Facebook accounts but they mainly use these links to do marketing and analysis. 

Trust 

The broker is licensed by Cyprus Securities & Exchange Commission (CySEC) and is under the regulation of the European Securities and Markets Authority (ESMA).

However, the Cyprus home office could constitute a source of worry to some traders especially due to the financial crisis the country went through in 2012.

eToro equally has a U.K license and functions under the regulation of the U.K.’s Financial Conduct Authority (FCA), which needs brokers to meet additional requirements through risk disclosures. 

eToro can save clients funds in banks that are not located in the EU and this increases the risk in case of any bank default issues, however, EU and U.K. broker default protection reach as high as 20,000 Euro or 50,000 pounds.

They don’t provide guaranteed stop-loss protection or extra cover via private insurance company whereas an insufficient order entry interface doesn’t come with risk management features apart from stop loss and trailing stops.

Stop losses for crypto coins must be 25 percent and above exposure and this additionally places a limit to the extent at which you can customize and increases your risk. ESMA rules that became effective in Aug. 2018 stipulates negative balance protection and ensures that clients won’t lose above 100 percent of their account.

It equally comes with Security features like phone-based two-tier authentication and standard SSL encryption. Extensive documents on best implementation and conflict of interest policies generate confidence.

However, the broker works as a market maker and counterparty in every trade. Fee disclosures are broad and reader-friendly and transparent.

Research ­Tools and Insight

Research is not substantive and organized. It can only be accessed through a blog that has a lot of general articles that are not all delivered in real-time.

Research Tools and Insight

A Research tab included in the mobile app creates a message that indicates that analyst research is just accessible in funded accounts. Some blog topics in cryptocurrencies are extensively covered compared to the forex articles or market analysis.

Education 

For educational purposes, eToro embedded a Trading Academy link in the footer of the webpage. Also, a Live Webinar link at the base of the page clicks through to a page that hasn’t got programs or archives.

etoro education

The education portal only contains11 basic programs in a PowerPoint-type presentation. The educational material present on the page is just the FAQs and help databases. eToro maintains a YouTube video library, but the tutorial section only contains platform “how-to” presentations.

Special Features 

eToro is bests for social and copy trading. It offers the platform’s social sentiment data together with the automated client and portfolio copy trading.

They offer negative balance protection to professional clients as a voluntary incentive because it isn’t the requirement of ESMA regulation. There is no volume discount program and so it is costly. 

However, you can get the eToro Club program which offers some discounts and extra services depending on the size of the account. If you make a direct comparison of eToro with other brokers, you may get a negative result except when you compare relative to the strength of eToro which includes copy and social trading.

Nevertheless, a few improvements are required on the platform like order management and guaranteed stop-loss protection. This will minimize risk for huge losses particularly the cryptocurrency cover that has only limited stop-loss function.

API interface or VPS hosting would have been an alternative solution but these two are non-existent. The brokerage is thus best for individuals who want mainly sharing the credit from the portfolios of expert traders through the CopyTrader program or those who want to benefit from the proprietary algorithms or Robo-advisor that comes with the CopyPortfolios program. eToro launched a blockchain wallet for Android and iOS and this can be accessed in 31 U.S. states.

The platform provides roughly 15 different cryptocurrencies in the U.S. and 16 cryptocurrencies in other countries. Cryptocurrencies that could be accessed on the platform include Bitcoin (BTC) and Stellar Lumens (XLM).

BitCoin, Stellar Lumens in eToro Platform

This mobile app offer makes cryptocurrency trading available to use traders but for traders outside us, they can access both cryptocurrencies, forex, CFDs, and stocks.

Desktop Experience 

eToro is a web-based social trading platform with easy to use interface. The simplicity makes the platform appealing to both newbies and expert traders. The platform comes with full-featured charting consisting of 66 indicators and a lot of drawing tools.

The charting platform lacks a backtesting feature. However, you can access performance data from CopyTraders and CopyPortfolios.

Web Trading Platform eToro Review

The News link isn’t encouraging. It just leads to a social forum, with posts from users You can save and customize watch lists but order entry doesn’t have risk management capability. The broker doesn’t have a MetaTrader platform or other third-party substitutes. 

Mobile Trading

eToro has a mobile trading platform for iOS and Android. This allows users to easily sync between platforms. It has a properly-organized menu button for this but lacks fewer charting features and limited customization.

eToro Mobile Trading Platform

The indicator menu has been shortened to five basic forms. Whereas the order entry system is similar to the web version. 

The watchlist for mobile platforms comes with no client positioning data which wasn’t present in the web version. Traders can customize price alert settings and get push notifications for relevant market events and account problems. 

In summary, eToro has a fantastic mobile trading platform. The android mobile app looks and feels exactly like the web version. Features like watchlists syncing assists to additionally merge the platform experience through devices

Charting

Just like other mobile apps, the charts are responsive and much similar to that of the web-based platform. However, unlike the web version with 67 indicators, it has only five indicators. Drawing tools are completely missing from the app.

Research Charting in eToro

It would be great if this feature is added. Besides this, the mobile app charts are properly integrated. The work well, besides the absence of the drawing tools.

Cryptocurrency wallet

The eToro Wallet is a different mobile app that allows users to deposit and withdraw underlying crypto assets from eToroX, which serves as a keeper of their private keys and broker. The eToro Wallet looks and feels similar to the eToro mobile app which includes supporting social trading

MetaTrader

Sadly, eToro doesn’t presently provide support for the MetaTrader’s platform. 

Important information about eToro

eToro is a great broker for less-experienced traders with little time and for those who want to participate in revenue share from the performance of a robot advisor or the most successful traders on the platform. 

It is not the best brokerage option for expert traders and professionals who want a wider service offering, real-time customer services, and competitive pricing. 

Wrap Up

  • The eToro trading platform was launched in 2007. eToro is regulated in two tier-one jurisdictions and one tier-two jurisdiction and this makes the company a safe or low-risk broker for forex and CFDs trading.
  • eToro is great for social copy trading and crypto trading and is the best broker for the two features in 2020. The company has a user-friendly web platform and mobile app which is a good fit for beginners. 
  • For standard CFDs and forex spot trading, eToro is costlier than related brokers. It also charges wide spreads, irrespective of its offer of a premium account for high volume deposit traders. Although the company provides an exclusive social trading research feature, the market research tools it offers are less impressive.
ProsCons
User-friendly interfaceYou can’t withdraw crypto except for fiat currencies
Broad ranges of different types of popular cryptocurrenciesLimited access in the US
Many payment methods for depositing fundsComparatively costlier trading fees
Extra investment productsNo separate version
Social and copy-trading offeringsLimited customization
Great chartingLacks news streaming features
Impressive cryptocurrency listing

FAQs

In this eToro review, we have included some of the frequently asked questions. so find why eToro Forex Broker is worth using?

Can you make money with eToro’s platform?

You can make money with eToro even with minimum funds with minimal risks. While you can make money with eToro with little amounts, you must understand the way the proportional replication system of the trading signals functions. Besides this knowledge, you would lose your money instead of gaining.

How do I withdraw money from eToro?

To withdraw from eToro, you must go through the steps below: 

  • Click on the button, Withdraw Funds which you will find in the left-hand menu.
  • Key in the number of funds you want to withdraw (in USD)
  • Fill up the electronic withdrawal form with the required information, and,
  • Click “Submit”

How secure is eToro?

eToro is regarded as a secure trading platform especially due to its UK and Australian branches which function through the regulation of top-tier financial authorities.

It is a popular fintech startup. It offers CFDs which are composite trading instruments that have an increased risk of losing money fast as a result of leverage. 

Sadly, the majority of it utilizes high-risk trading strategies and before long they will go for drawdowns and the majority of those coping them lose most or all their funds.

Is eToro good for beginners?

Social trading is a great offer for less-experienced traders. Starters can copy from trades of expert traders in a fast and easy manner with the use of the platform. eToro primarily displays the list of most successful traders.

Can eToro be trusted?

You can trust eToro. The company is watched and regulated by FCA and CySEC. This means that it is not a scam but a legitimate financial trading company.

However, such trading platforms may come with specific disadvantages for traders who aren’t well experienced. 

eToro is trustworthy. You might check out their services. However, be cautious about the risk involved. eToro is a multiple asset trading platforms with offers that include forex, crypto and stock investment. It equally offers CFDs trading.

Is eToro a good broker?

eToro is a popular fintech startup established by an Israeli social trading broker in 2007. It is a multiple asset trading platform that provides trading mainly CFDs.

However, you can equally invest in stocks. CFDs are complicated trading instruments. They come with a high risk of losing money fast because of leverage.

Is eToro copy trading worth it?

Yes, eToro copy trading is worth it. The platform has a few expert traders you can copy. Nevertheless, it requires special skills and time to locate them.

The majority of them are high-risk traders with bad bankroll management skills. Generally, copy trading is a risky investment which is not recommended if you’re just beginning. 

Is eToro Regulated? 

Yes, eToro is entirely regulated. eToro (Europe) Ltd., is a Financial Services Company authorized and regulated by the Cyprus Securities Exchange Commission (CySEC) under the license no- 109/10. 

eToro AUS Capital Pty Ltd. is licensed by the Australian Securities and Investments Commission (ASIC) to offer trading services under Australian Financial Services Licence- 491139. eToro (UK) Ltd is a Financial Services Company licensed and regulated by the Financial Conduct Authority (FCA) under the license- FRN 583263. 

Can you Withdraw Money from eToro? 

Yes, you can withdraw money from eToro. You can’t withdraw crypto but fiat currencies including USD EUR GBP CAD AUD JPY RMB RUB 

How much does eToro Charge to Withdraw? 

EToro charges a 5 dollars’ withdrawal fee plus conversion fees if you withdraw a currency other than the USD. The conversion fee is roughly 50 to 250 pips. 

What is the minimum deposit for eToro?

For eToro, your minimum deposit is only 200 dollars and you can readily open an account. As soon as the money is credited to your account, you can start to trade. As soon as you make the first time deposit, every other future deposit on the platform would be at least 50 dollars.

How much does eToro cost?

eToro charges a 5-dollar fee for withdrawals and the minimum withdrawal amount is 50 dollars. You can’t execute Long (BUY), non-leveraged crypto, stock, and ETF positions as CFDs and they don’t have any trading fees. eToro charges overnight/weekend fees for CFD positions, like leveraged positions and short (SELL) orders.

Is eToro a good trading platform?

It is also one of the 5 best trading platforms for Europeans. eToro is considered safe because it’s UK arm is regulated by a top tier regulator and it is a well-known fintech startup.

eToro is a multi-asset platform that offers primarily CFDs, but you can also invest in stocks and crypto-assets.

How much can you earn on eToro?

Popular eToro investors earn a 2 percent yearly fee. For instance, If 1,000 traders copy your trades with a total of 10 million dollars, you will gain earn an extra offer of 200,000 dollars annually.

When other traders copy your trades, you gain fixed payments of roughly 2 percent of your yearly fee under management (AUM) paid every month. 

How much does eToro charge per trade?

EToro spreads and charges for stock trading is a fixed 0.09 percent spread for each side. It doesn’t charge any management, ticket or rollover fees.

However, it charges an extra fee for those who trade short and leverage positions on CFD stocks. For Buy position, the charge is 6.4 percent plus 1 Month LIBOR.

Is eToro a market maker?

eToro is a popular market maker. What this basically means is that the company tries to match your trade with the opposite trade on their platform when you make a buy or sell decision and place an order. If for example, you open a BUY trade of AUD/USD, they will match your order with a SELL order of AUD/USD.

How long does it take to withdraw money from eToro?

Withdrawals on eToro take one business day to complete so long as you provide all the required documents for processing withdrawals. Nonetheless, be aware that it might take roughly 3 to 8 business days before the funds can reflect in your account.

What happens if eToro goes bust?

If eToro goes bust, your account could be at risk and that could mean losing some or all the money you have in your account. Nonetheless, eToro is a member of the Investor Compensation Fund for Customers of Cypriot Investment Firms (CIFs) (the “Fund”).

Can eToro be trusted?

eToro doesn’t have a bank parent. It is not listed on any exchange and the yearly report of the company is not displayed on the website. However, it is one of the top 5 best trading platforms in Europe.

It is regarded as a safe trading company because of UK and Australia branch that is regulated by top tier regulators. It is also a popular fintech startup.

How much does eToro charge per trade?

eToro does not charge any deposit or trading fees apart from spreads. eToro charges a 5 dollars’ fee for withdrawals and the minimum withdrawal amount is 50 dollars. They don’t execute Long (BUY) and non-leveraged cryptocurrencies, stock and ETF positions as CFDs and don’t incur any charge.

Why are eToro prices different?

Like every trading platform, prices on eToro have a spread. This means the BUY and SELL prices differ. The BUY price is always costly.

Thus, when you’re closing a short trade position, ensure you check the BUY price on the platform since that is the price you will receive any time you close trades.

Can I trade forex on eToro?

eToro provides forex and CFD traders with a broad range of investment options. Together with 47 currency pairs for spot trading, eToro equally provides 1,933 CFDs, and this includes cryptocurrencies. The platform is best for trading cryptocurrency for 2020.

Is eToro really free?

eToro provides commission-free stock and ETF trading in Europe and provides largely low fees for non-EU clients. The platform comes with innovative features such as social trading, which allows you to copy the strategies of other traders. On the other side, eToro charges a high forex fee and the withdrawal process is costly and not fast.

Conclusion 

I hope you loved our eToro review as eToro’s platform is user-friendly and very easy to use. It comes with an intuitive, responsive interface filled with handy features and a collection of cryptocurrencies, and you can actually trade a lot of cryptocurrencies from the exchange, for instance, you can trade or open positions in Bitcoin, Ethereum, Ripple, Litecoin, and a lot more. 

The main problem with trading on the platform is that you don’t own the underlying assets you invest in. If you want to trade an actual cryptocurrency you can try eToroX. 

Also, eToro charges high fees for cryptocurrencies. Overall, eToro is best for speculators but if you are serious about bitcoin investment, you can look elsewhere.

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