4.1/5
Trustpilot rating
32,084 reviews
Report
Should I Use eToro?
What millions know, now you know too. The data, tools, and collective intelligence you need for better investing.
Depends
DependsA fit if you're a beginner or casual investor wanting stocks, ETFs and crypto with copy trading from $50.
Good casual long-term broker with copy trading from $50 — but fees stack up and support is a common complaint.
Confidence: High
3.6/5
G2 rating
27 verified reviews
$50
Minimum deposit
No subscription; pay per trade
3.81M
Funded accounts
As of Dec 31, 2025
Value for money
3
Low commissions, but spreads, withdrawal and inactivity fees stack up
Ease of use
4
Reviewers call it fast, clean, beginner-friendly
Feature depth
4
Stocks, ETFs, crypto, options, copy trading, cash interest
Support quality
2
Reddit users report horrific customer service
Security posture
3
Regulated with bug bounty; past breach and SEC penalty
Pros
- Reviewers call the platform fast, clean, and beginner-friendly¹
- Copy trading lets beginners mirror experienced investors
- SEC registered; FINRA and SIPC member
- Start investing with $50
- Earn 3.25% annual interest on uninvested cash
Cons
Gotchas
Best for
- Beginner retail investors
- Copy-trading fans
- Long-term stock/ETF holders
- Small-balance starters ($50 min)
Not for
- Day traders — users say it's bad for active trading
- Fee-sensitive investors avoiding spreads and withdrawal fees
- Anyone who may need responsive customer support
- Guess: pros needing advanced charting and order types
Pricing
Standard retail account
$50 minimum deposit
- $1–$2 commission per stock trade
- ~1% crypto spread each way
- $5 withdrawals; $10/mo after 1 year inactive
Security
SEC/FINRA-regulated with a HackerOne bug bounty; a 2023 data breach and a 2026 alleged database sale are reported.
- 2023 breach claimseToro denied hack-forum breach claims, but reports say the company has suffered data breaches exposing personal information of roughly 2 million users.⁹
- Alleged client database on saleJanuary 2026 dark-web report claims a significant eToro client database is being sold.
- SEC settlementeToro settled with the SEC in September 2024, paying a $1.5 million penalty and agreeing to limit US crypto offerings.⁸
What users say
Users like eToro for simple long-term investing and copy trading, but consistently criticize fees and customer service.
“Great app for investment”
“eToro is actually a solid long-term platform”
“From my experience Etoro has horrific cu…”
Alternatives
Compare eToro with each alternative.
Fidelity
Full-service broker with zero-commission stocks and stronger service
eToro vs FidelityRobinhood
Simple zero-commission app for US stocks and crypto
eToro vs RobinhoodWebull
Better fit for active traders wanting more tools
eToro vs WebullPublic
Beginner-friendly investing with a social angle
eToro vs PublicFull analysis
Based on 20+ public sources: review sites, Reddit threads, official fee pages, and security reports.
Sources
- NerdWallet: Investing with eToro — honest reviewnerdwallet.comreview
- Trustpilot — eToro customer reviewstrustpilot.comreview
review
- Capterra — eToro reviewscapterra.comreview
- BrokerChooser — eToro fees full breakdownbrokerchooser.comreview
- MatchMyBroker — eToro fees explainedmatchmybroker.comreview
- eToro official fees pageetoro.comofficial
security
- Cybernews — eToro denies breach claimscybernews.comsecurity
- Wikipedia — eToro funded accountsen.wikipedia.orgnews
- Finder — eToro alternativesfinder.comreview
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