eToro Review 2027 Fees, Features and Safety

This eToro review for 2027 looks at the Tel Aviv, Israel-based forex broker, founded in 2007, and covers its 6 listed regulators, the $50 minimum deposit, leverage of up to 1:400 (professional) and trading platforms, so you can decide whether it fits the way you trade.

What is eToro? (2027)

eToro is the world's best-known social trading and investing platform. Brothers Yoni and Ronen Assia, together with David Ring, founded it in Tel Aviv in 2007 with a mission to open financial markets to everyone. Its breakthrough came in 2010 with the launch of CopyTrader, a feature that lets users automatically replicate the trades of other investors. eToro now has more than 35 million registered users in around 100 countries. In May 2025 the company listed on Nasdaq under the ticker ETOR.

Regulation

eToro operates through several regulated entities. These are authorised by the Financial Conduct Authority in the UK, the Cyprus Securities and Exchange Commission for the European Union, ASIC in Australia, the Financial Services Regulatory Authority in Abu Dhabi and the Seychelles FSA. In the United States, eToro is registered with FinCEN and its securities arm is a member of FINRA. It also holds a crypto licence under the EU's MiCA rules.

Client funds are kept in segregated accounts, and retail clients in the UK and EU are covered by compensation schemes and negative balance protection. The Nasdaq listing adds regular public financial reporting.

How copy trading works

Every eToro user has a public profile showing their performance, risk score, portfolio and trading history. If you find an investor whose approach you like, you can allocate a sum, usually from $200, and the system will copy each of their trades in proportion. You can stop copying, add funds or set a copy stop loss at any time. There is no management fee for copying.

Investors who attract followers can join the Popular Investor programme and earn payments from eToro based on the assets copying them. The platform also offers Smart Portfolios, ready-made thematic baskets built around ideas such as technology, renewable energy or top-performing traders.

Copy trading reduces the effort of investing, not the risk. A trader with a great year can have a poor one next, and the risk score shown on each profile deserves as much attention as the return.

Markets

eToro covers more than 7,000 assets: real stocks and ETFs from many exchanges, a wide range of cryptocurrencies, and CFDs on currencies, indices and commodities. The forex selection is around 50 to 55 pairs. Stocks can be bought in fractions, which makes expensive shares accessible with small sums.

The offering depends on location. In the United States, eToro provides stocks, ETFs, options and a limited set of crypto assets, and does not offer forex or CFDs.

Fees

eToro's pricing is easy to use but has several components.

• Stocks and ETFs: commission-free in many countries, with small fees in some regions.
• Forex and CFDs: spread-only pricing. EUR/USD starts from 1 pip, wider than at low-cost forex specialists.
• Crypto: a percentage fee on each buy and sell.
• Currency conversion: accounts are mainly in US dollars, so deposits and withdrawals in other currencies incur a conversion fee unless you use a local-currency account where available.
• Withdrawal: a flat $5 fee on US dollar withdrawals.
• Inactivity: $10 a month after 12 months without logging in.

The minimum first deposit ranges from $50 to $100 in most countries and is higher in some.

Platform

eToro uses a single proprietary web platform and mobile app. It looks and feels like a social network, with a news feed where users post ideas and comment on markets. Charts are powered by TradingView technology and are adequate for most needs. There is no MetaTrader, no automated trading and limited advanced order functionality, so technical day traders may find it basic. A $100,000 virtual portfolio is available for practice.

Leverage

Leverage for retail clients in the UK, EU and Australia is capped at 30:1 on major currency pairs and lower on other assets. Professional clients can access higher levels.

Who is eToro best for?

eToro is ideal for beginners and casual investors who want to learn from others, copy experienced traders, or hold stocks and crypto in one simple app. It is also a good platform for investors who enjoy the community aspect of sharing and discussing ideas.

Dedicated forex traders will find spreads higher and tools lighter than at specialist brokers.

Pros and cons

• Pros: leading copy trading system, listed on Nasdaq, regulated in several top jurisdictions, stocks, crypto and CFDs in one account, very easy to use, large community.
• Cons: wider forex spreads, withdrawal and conversion fees, no MetaTrader or algorithmic trading, limited charting for advanced users.

eToro review: verdict for 2027

eToro changed retail investing by making it social. For people who want simplicity, community and the option to follow proven investors, it remains the market leader. Cost-focused forex traders should compare alternatives, but as an all-in-one investing app eToro is hard to beat.

Compare this eToro review with all 60 forex brokers in our 2027 list, and confirm the latest terms on the official eToro website before you open an account.