is a regulated multi-asset broker with offices in the UK, Cyprus, Australia, Seychelles, and Gibraltar. There are already 500,000+ users trading/investing with and for good reason. It’s a powerful and well-designed platform but selecting a broker is a very important choice so reading a review is a must before committing.

Throughout this article, we’ll be providing in-depth reviews, covering the ins and outs of the platform. We’ll be looking at everything from the broker’s fee structure to its customer support, so regardless of an investor’s priorities, every query will be answered. Review: Pros & Cons

Throughout our review, we found the following pros and cons the most important to know.


  • Lightning-fast order execution
  • Great security
  • 24/7 support
  • Over 5000 assets
  • Range of markets
  • MetaTrader integration
  • TradingView support
  • Demo accounts
  • Commission-free
  • One of the best scalping brokers for 2023


  • Mostly limited to CFDs
  • Not available in the US

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Crypto assets are highly volatile and unregulated. No consumer protection. 

Tradable Assets

Having a good variety of tradable assets is a key aspect of any broker. More assets mean more trading and diversification opportunities so it can be a big help. The ability to trade a range of different markets on a single platform can also be a massive help as it makes maintaining a balanced portfolio far more simple. In this review, we’ve explored each market supported by the broker.

As we’ve already mentioned, is a leading CFD broker which means users can trend trade based on their speculations and market forecasts. But what is trend trading? Read our in-depth guide for more details on this effective trading technique. Crypto

Cryptocurrency is perhaps the most exciting asset class out there. It provides exposure to digital assets, the most famous of which is Bitcoin.  The market is constantly evolving, with the technology improving and new projects being released daily. Furthermore, it’s a favorite among traders as it offers ample volatility, meaning there are more opportunities for lucrative trades without the need for leverage.

It’s possible to CFD buy Bitcoin on along with an additional 477 crypto-assets,  a roster more impressive than even the likes of Coinbase at just 192. As offers crypto as CFDs there’s no need to worry about a wallet. Additionally, it should be noted that is not licensed to offer cryptocurrency in the UK. supports trading cryptocurrency CFDs but not the purchase of the underlying asset. Despite this, crypto trading is versatile and powerful. A CFD is a contract that lets the trader speculate on whether the value of an asset will rise or fall. Using CFDs, it’s possible to take both short and long positions, meaning it’s possible to make money regardless of whether the asset is going to fall or rise in value. However, cryptocurrency CFDs are leveraged, so while profits are magnified, losses will be too.

Stocks on

Stocks and shares on are plentiful, to say the least. The broker supports over 5000 assets and allows users to both trade CFDs and invest in real stocks, making it a great choice for investors and traders alike. stocks users are able to trade stocks in a range of markets including the FTSE 100 and the S&P 500, making it a great platform for international  investing. However, despite offering a wide range of CFDs, residents of Australia are not able to trade real stocks. While this can be slightly disheartening the massive variety of CFDs more than makes up for this shortcoming, especially for those looking to take short-term positions.

Despite having only a limited selection of real stocks, supports commission-free trading making it a great broker for anyone looking to trade international stocks and shares.


Wondering how to trade ETFs? (ETFs) are a type of financial instrument that is typically designed to mirror a specific index or sector. While ETFs can provide exposure to a massive variety of stocks and are therefore excellent for de-risking and diversifying, it’s important to understand that ETFs do not provide ownership of the underlying assets, only a portion of the fund containing them. supports hundreds of ETFs across a range of markets including stocks and commodities. Some of the most popular ETFs are managed by market-leading institutions like Vanguard and iShares. These ETFs are typically seen as lower risk as the funds managing them have great track records.

Investing in ETFs is ideal for anyone looking for a passive investment. They are relatively low-risk and are often composed of the largest, most widely traded companies within a sector.

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Crypto assets are highly volatile and unregulated. No consumer protection. 


Another instrument users of can trade are CFD indices. Indices are built around a range of companies that are traded within a specific index. For example, the UK 100 is a combined measure of the top 100 publicly traded companies. Some of the most popular indices include the NASDAQ 100 and the Dow Jones.

CFD indices can be great for short-term investment as they’re easy to buy/sell, can be leveraged, and typically represent a more complete picture of the market.

At the time of writing our review, the broker supported trade in 25 different indices that provide exposure to hundreds of different international companies.


Forex is the act of trading currency pairs. Typically forex trading involves taking advantage of small price shifts, so having access to ample leverage can make trading forex much more viable. When trading on users have access to 30:1 leverage and can start trading from just $100, meaning it’s possible to have a position worth $3000 after depositing just the minimum. forex covers the vast majority of commonly traded currency pairs; 138 in total. It’s important to be aware, that like most assets on, forex pairs are traded as CFDs meaning it’s better suited to short-term trading.

With such a high number of currency pairs and access to an impressive amount of leverage, forex trading on is intuitive and powerful. As such, many traders and investors have dubbed the best high leverage brokers of 2023.


While creating our review, the number of commodities and trading tools offered on the platform was wildly impressive.

CFD trading on is far from limited. There are over 45 supported CFD-based commodities on You can purchase spot most popular commodities including oil, gold, and copper. However, also supports the trade of futures commodities ( a contract to buy/sell a commodity at a specific price). clients are able to trade commodity CFDs 24/5 and have access to 10:1 leverage (control a $1000 position with just $100). is a great broker to trade commodity CFDs. It has plenty of educational resources for any traders wanting to learn how to trade commodities and it supports a wide range of assets and provides access to enough leverage to take advantage of any potential dips. Furthermore, offers excellent charting capabilities so technical traders will be right at home on the platform. Fees & Commissions

Every broker on the planet charges some sort of fees, after all, they’ve got to make money somehow. However, the type of fees and the rates charged can vary wildly from platform to platform. For example, the crypto fees are higher than other asset classes, which can make deciphering fee structures more complex than necessary. To make it easy to understand the fees, we’ve broken them down into two easy-to-digest categories; trading fees and non-trading fees. Trading Fees

When it comes to trading on, it can be difficult to understand which fees apply as the broker has a different set of fees for each asset class. However, using the below table, any investor can the average fees on each instrument ahead of time.

Fees Cryptocurrency Stocks ETFs Indices Forex Commodities
Fee Type Spread Spread Spread Spread Spread Spread
Example Bitcoin, $90 spread Tesla, $0.52 spread iShares U.S. Healthcare ETF, $1.69 spread US 100, $1 spread EUR/USD, $0.00006 spread Crude Oil, $0.02 spread Non-Trading Fees

In addition to fees linked to trading, there are also fees for non-trading activities like position rollovers. Again, it can be difficult to understand the charges as they vary between assets. However, we’ve created this handy table so it’s easy to compare the non-trading fees associated with each market.

Deposit / Withdrawal Fees

Before funding a trading account it’s always worth getting familiar with the deposit and withdrawal fees. In contrast to the vast majority of brokers, does not charge any fees for withdrawals and deposits. Therefore buying assets using is one of the most cost-effective solutions out there, regardless of asset class.

Overnight Fee

The fees for taking a position into the next day are based on the amount of leverage used and vary between assets. However, they are some of the lowest on the market, meaning it’s possible to hold positions overnight without incurring steep fees.

Fees Cryptocurrency Stocks ETFs Indices Forex Commodities
Deposit / Withdrawal $0 $0 $0 $0 $0 $0
Overnight Fees Bitcoin,


Long: -0.0500%


Short: -0.0219%

Long: -0.0225%

iShares U.S. Healthcare ETF,


Long: -0.0225%

US 100,

Short: -0.0014%

Long: -0.0066%


Short: 0.0035%

Long: -0.0092%

Crude Oil,

Short: -0.0813%

Long: 0.0533%

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Crypto assets are highly volatile and unregulated. No consumer protection. Platforms trading is powered by a number of intuitive platforms designed to help traders to get the get out of the broker. We’ll be taking a look at both the broker’s own propriety trading platforms, as well as, those powered by external companies.

  • App – The app is is one of the best investment apps for beginners on the market, we’ll be taking an in-depth look at it a touch later but for a quick overview, it’s well-designed, accessible, and feature-rich making it great for on-the-go trading.
  • Desktop – The desktop app is the broker’s primary trading platform. It won the ‘Best Online Trading Platform’ award in 2020 and features over 75 technical indicators and a wide range of chart types and drawing tools. It’s a great option for anyone looking for a powerful, web-based platform and is perfect for technical traders.
  • MetaTrader 4 – is compatible with MetaTrader 4, meaning users can link their account and enjoy over 85 indicators as well as benefit from massive customizability and a plethora of professional-grade features. MT4 incorporates an MQL4 Integrated Development Environment which acts as a catalyst for effective quant trading. For those asking ‘what is quant trading?‘ learn more by reading our in-depth guide.
  • TradingView – allows its users to integrate with TradingView to experience the best of both platforms. With TradingView being one of the most commonly used tools for charting and plotting technical strategies, this is a big bonus for technical traders.
  • Copy Trading – Unfortunately, for those wondering how to copy trade on, the broker doesn’t support the feature. However, for those disheartened about the lack of copy trading, we’ve got a great article covering the best copy trading platforms on the market.

Is User-Friendly? 

For a broker to be accessible to the masses, it must be user-friendly. There’s nothing worse than registering with a new broker only to struggle for hours learning where each feature is.

Luckily, is incredibly user-friendly and intuitive. It adheres to modern design principles and comes with a sleek, black & white color scheme that’s clear and easy to read. The login is easy to see and the onboarding process is pain-free. Although the homepage for signed-in users is a bot busy due to an in-built news feed, every important button is easily visible and not hidden behind any menus. While this might seem basic, it makes getting to grips with the platform far quicker and more streamlined.

It’s easy to find the different markets and platforms, they’re all contained within an easy-to-see hamburger menu and split into relevant sections. Furthermore, each market/product/platform has a beginner-friendly description and clearly signposted fees, ensuring nobody will get confused. Additionally, comes with a plethora of educational material that covers everything from basic definitions to more advanced trading techniques. This is perfect for beginners and goes a long way in making the platform user-friendly. Charting and Analysis

As we mentioned earlier, is excellent when it comes to charting and analytical tools. It supports both MetaTrader 4 and TradingView meaning users can integrate their accounts with either platform in order to get even more customizability and tools. However,’s propriety tools are equally impressive.

With over 75 technical indicators, extensive charting tools, and lightning-fast order execution, trades are accurate, fast, and cheap. There are more than enough tools for even the most technical of traders, yet the trading platform remains simple enough for beginners too. On top of its range of tools, also provides a section for traders to see which assets have risen/fallen the most, have the most volatility, and view financial news all from a single screen. This is great for finding new assets to trade and makes the research process much more simple. Account Types

Most brokers these days offer a range of account types. This is because not every type can be grouped together, some need specific tools like access to higher leverage or increased deposit limits. There are three different types of accounts available to investors, each of which has special requirements.

Demo Account – We’ll be taking an in-depth look at demo accounts further down our review but in essence, they’re accounts designed for practicing without using real money and require no prerequisites to use.

Professional Account – offers a Pro Trading account for professional traders. These accounts come with access to far higher leverage than a regular account at 20:1 for crypto and stocks and 200:1 for major currencies, indices, and commodities. However, to own a professional account, there are strict requirements. An investor must have a liquid portfolio worth more than 500,000 EUR ($529,571.00), have at least 1 year of experience in leveraged trading for a financial firm, and also have carried out an average of at least 10 significantly sized transactions within the last quarter.

Institutional Account – Institutional investors can create a Prime account that provides access to tailor-made trading solutions, a dedicated heading service, and custom analytics. However, focuses on building long-term partnerships with its institutional clients meaning only large firms are likely to be accepted. is also considered one of the best Islamic brokers on the market in 2023. App Review 

In the modern world, it’s becoming increasingly common for people to trade on the go as we’ve now got access to fast internet from almost anywhere in the world. This allows traders to take advantage of opportunities without being near a computer. Therefore, having a well-designed mobile app is a must. app register

Thankfully,’s mobile app is one of the best. It’s blazing fast thanks to its lightweight and well-optimized nature. When it comes to executing orders, it’s equally as fast as the browser-based platform so the only limiter will be having a fast enough internet connection.

Creating an account is easy, when first opening the app it greets you with a UK login (it autodetects country of residence to make opening an account quicker) and guides you through the account opening process. However, while recommended, creating an account isn’t a necessity as investors can still look around and use the demo account features without being logged in and verified.

Trading Capabilities

When it comes to trading, the app is surprisingly in-depth. It offers mostly the same charting tools and technical indicators as the desktop platform, making it extremely powerful compared to most other mobile trading apps. Furthermore, the trading section is not overly busy and is intuitive enough even for beginners. app charting

It comes equipped with an extremely well-designed search tool that lets users find stocks based on industry as well as volatility. The news section is also equally as good as it is on desktop, articles are clear, easy to read, and relevant.

Overall, the app is very well designed. It features a dark grey and tan color scheme that’s easy on the eyes and sleek. It’s one of the more feature-rich apps we’ve reviewed and yet remains simple enough that even the most novice of investors would have little trouble getting to grips with the platform.

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Crypto assets are highly volatile and unregulated. No consumer protection. Payment Methods

Having a variety of payment methods is crucial for any global broker. Regulations are constantly changing causing some payment methods to become inaccessible in certain regions which could lead to a lot of headache. However, supports a wide range of payment methods and covers all the costs associated with depositing, meaning investors not only have plenty of choice but can select the method most convenient for them rather than focusing on fees.

As operates globally, it supports quite a few different payment methods:

  • Credit/debit card
  • Wire transfer
  • PayPal
  • Sofort
  • iDeal
  • Giropay
  • Multibanko
  • Przelewy24
  • ApplePay
  • Trustly
  •  2c2p Minimum Deposit 

Throughout our review, we found the broker is quite generous when it comes to minimum deposits. The broker does not charge any fees for deposits and has a tiny minimum deposit of just $20 making it an extremely accessible platform, regardless of financial backing. Withdrawal Times 

The withdrawal fee is non-existent and withdrawal times are processed within 24 hours. However, does state that the time between the funds getting transferred and landing in a bank account can vary based on the banks operating procedures. Bonuses & Promos

It’s fairly common for brokers to offer various sign-up bonuses or run attractive promotions. It’s a way of drawing users into the platform and usually rewards the budding trader with cash or stock, meaning both parties come out on top.

While does lack any sign-up bonuses, it has a rather lucrative referral system. It’s possible to invite friends to the platform using a unique link and when they register they’ll be given a personal account manager as well as a walkthrough of the platform. Then, after they deposit at least $200 and make three trades, the referrer will be rewarded with cash.

The rewards system is tier-based as follows:

The FCA referrer can receive up to 250 USD (EUR, GBP) per quarter:
– 1st friend – 25 USD / 25 EUR / 25 GBP
– 2nd friend – 25 USD / 25 EUR / 25 GBP
– 3rd friend – 50 USD / 50 EUR / 50 GBP
– 4th friend – 50 USD / 50 EUR / 50 GBP
– 5th friend – 100 USD/ 100 EUR/ 100 GBP Demo Account 

Most brokers will offer users a demo stock account to get to grips with the platform and practice strategy without the worry of wasting real money. provides all users with access to a demo account that is essentially exactly the same as a real account, just without real funds. A lot of brokers will offer a demo account with restricted features so this is great to see.

Each demo account comes with $1,000 in funds for traders to practice with which is more than enough for most beginners. However, users are able to open more than one demo account and can split them easily, making a great platform to practice trading within a range of markets at once. Customer Support

Customer support is at the core of every trading platform, at some point, everyone has a question they don’t know the answer to which is when having access to prompt, competent support pays for itself. support provides its users with three different ways to contact support; email, phone, and live chat. Live chat is available 24/7 and the support agents give detailed answers and clearly know their stuff. Email support is equally as good in terms of answers but admittedly not quite as fast. Lastly, it can be difficult to reach an agent via phone, likely as they simply lack the staff to deal with everyone’s queries. So while it’s easy and fast to get a coherent answer, phone support can be a bit hit or miss. Licensing & Security

Ever wondered what the best ASIC regulated forex broker of 2023 is? is a regulated broker with offices in several countries around the world. As such, is regulated by multiple leading bodies including the FCA, CySEC, ASIC, and the FSA. This means that clients are well protected and should always have recourse if something goes awry in the background.

During our review, it became clear the platform cares about its users. The broker adheres to guidelines laid out by regulatory bodies including the segregation of client and corporate funds, ensuring that clients should never have an issue when it comes to withdrawing their funds. Another way protects its users is its PCI Data Security Standards compliance. This means follows strict rules to ensure customer information remains safe and obscured. Overall, is a secure, regulated platform that does well to protect its users. Accepted Countries

Although operates in the majority of the world, there are few countries where the platform is unavailable or restricted. Residents of the UK don’t have access to cryptocurrency, Australian citizens cannot trade real stocks, and US residents are prohibited from using the platform entirely. However, outside of these regions, is available in another 178 countries and is mostly unrestricted.

How to Start Trading with 

Our review wouldn’t be complete unless we explained how to trade with Learning can be a daunting task, but by following the below steps, anyone can buy and sell with

Step 1: Register with

The first thing any investor needs to do is register for an account with This can be done by heading to the website and providing some basic details like name and email address. register

Step 2: Verify Account

After the account has been created, it needs to be verified. This is because is a regulated broker and therefore has to comply with know-your-customer regulations. Luckily, the verification process only takes a couple of minutes with the only information required being a photo ID (passport, driving license) and proof of address (bank statement, utility bill)


Step 3: Deposit Funds

Once the account has been verified, it’s time to deposit funds. This can be achieved by heading to the ‘My Accounts’ section, then pressing deposit, selecting a payment method, deciding how much to invest, and finally pushing ‘Deposit’ once again. The funds will arrive promptly, however, first-time deposits are known to take a while longer. deposit

Step 4: Buying Assets

After the funds have been credited, it’s time to trade. This can be done by clicking on the search bar, typing in the name of an asset, choosing how much to invest, and lastly pressing ‘Buy’. Positions can be monitored from the portfolio section buy

Step 5: Selling Assets

Figuring out how to sell on is simple. First, select an asset, switch to the ‘Sell’ tab, choose how much to sell, and then press ‘Sell’. Once the order executes, the funds will arrive in the account. sell


Throughout this review, we’ve analyzed the ins and outs of the broker, explored its features, and discussed how it performs as a trading platform.

Overall, after completing our review, we found that while it’s a good broker, eToro is a much better alternative thanks to its lower fees, wider range of assets, and fantastic copy trading tools.

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Crypto assets are highly volatile and unregulated. No consumer protection. 

Can I trust

Is a good broker?

Is licensed?

Can you really make money with

Are fees high?

Is the best broker?

How does make its money?