eToro: Investing made social

eToro

About this app

INVEST WITH 0% COMMISSIONS*
Open your account today and enjoy zero commission as you invest in the world’s most popular US stocks and ETFs. Unlike other apps, eToro allows you to easily create a diversified portfolio with no hidden costs.

BUY CRYPTO WITH CONFIDENCE
eToro is trusted by millions of users worldwide. Buy bitcoin, ether, litecoin, and other top cryptocurrencies, without deposit fees. Seamlessly deposit and withdraw to and from your bank account.

DIVERSIFY YOUR PORTFOLIO WITH STOCKS & ETFs
Enjoy commission-free investing in the biggest and brightest US-listed companies and funds. Get started with fractional investments, for as little as $10.

BE PART OF A COLLABORATIVE COMMUNITY
eToro is not just a place to invest online — it’s also the ideal platform to engage, connect, and share strategies with others. Our award-winning CopyTrader™ technology for trading cryptocurrencies will enable you to replicate top-performing investors’ portfolios automatically. With CopyTrader, when they trade, you trade!

LEARN THE ROPES, RISK-FREE
Every new account is credited with $100,000 in virtual funds for your virtual portfolio — so you can try out all of the features on our platform with zero risk.

GET AN EDGE WITH POWERFUL INVESTING TOOLS
Find the tools you need to create the best portfolio. Easily view valuable market research, technical analysis, and ProCharts at a glance. Create and customize your Watchlists and set volatility alerts to catch breaking trends.

MAKE INVESTING EASIER WITH ETORO TECHNOLOGY
The next generation of investing is here: eToro’s innovative Smart Portfolios are ready-made, fully allocated portfolios. Diversify your investments and gain exposure to multiple assets with just one click of a button.

REGULATED AND SECURE
Your security and privacy are our top priority. eToro is trusted by millions of users worldwide and is regulated by The Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC) and The Financial Crimes Enforcement Network (FinCEN) in the United States. You control whether your profile is public or private and we adhere to the strictest standards for your personal privacy.

No content in the App shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data in the App are for reference only and no historical data shall be considered as the basis for judging future trends.

eToro USA Securities Inc is a member of the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC).

Stock trading is available without commission fees for US listed securities via mobile devices or web. Relevant SEC & FINRA fees may apply. See our customer relationship summary here.

Crypto trading is offered via eToro USA LLC, which is not a member FINRA/ SIPC. Cryptocurrencies are not stocks and your cryptocurrency investments are not protected by either FDIC or SIPC. Crypto investing is not yet available in all US States. For a complete list, visit www.etoro.com/en-us/trading/live-states
This information neither is, nor should be construed as, an offer or a solicitation of an offer to buy, sell, or hold any security, financial product, or instrument discussed herein or to engage in any specific investment strategy. Within the U.S., equity securities products and services mentioned herein are offered by eToro USA Securities, Inc., Member FINRA/SIPC. Securities and Investment Products are not FDIC Insured and May Lose Value. References to Crypto investments are being offered by eToro USA LLC. *For more information on our fees, including 0% commission, please visit www.etoro.com/en-us/trading/fees/#stocks-etfs

Ratings and reviews

They don't support many browsers and the servers crash often. The software is easy to use; "Buy" when you want to open a trade and it's easy to close a trade when you want to, as long as the servers haven't crashed. Each trade starts you off around 2% in the negative - this is how etoro makes money, but it makes opening multiple trades with multiple currencies undesirable. This is a fine option if you want to open a trade and leave it alone for long periods of time (1 or more weeks).

It's very frustrating to get verified. It doesn't tell you everything you need to do from the get go, you get emails later on with more steps, and then you keep getting emails telling you that you still need to do things you've already done. I assume once you can actually use it it's fabulous. But from what I've seen, the graphs are far less user friendly and intuitive than say Coinbase graphs, more "professional trader" like though, if you're experienced and into that.

The fine print really kills you. I chose eToro after doing what I thought was extensive research on the fees various platforms charge for trading crypto, but which (unlike Robinhood) also give you access to that crypto (ie you can transfer to another wallet). What I read was that there was a flat rate fee for withdrawing crypto, for example you pay 0.0005 BTC for each BTC transfer to the eToro wallet. I figured with the amount I was investing, a flat rate fee was a great deal. Trouble is (and this wasn't made clear), every single purchase you make must be transferred *separately*. So if you're trying to dollar cost average with a hundred dollars a day, similar to what I was doing, you may end up paying 15% of your total assets just in fees to transfer to a wallet (not to mention that some purchases aren't allowed to be transferred, for being too small -- which I also didn't know about, or the additional fee you pay for transferring out of the wallet, or the fact that you need to use the eToro wallet app do any of this which is extremely buggy and often can't even load the login screen) even if the "flat rate fee" is a small fraction of 1 percent of the amount you're trying to transfer. If you don't ever intend to transfer to a wallet, nothing I found while using the app suggests eToro is anything other than a great choice of platforms with low fees. But I don't know what other hidden fees there are that I don't know about. They really need to make things more clear to avoid such costly surprises.

What's new

- Bug fixes and performance improvements