BrokerHiveX
Reviewer: Lisa Zhang
1. Company Overview
Founded in 2007 and headquartered in Tel Aviv, Israel, eToro is the world's leading social trading and multi-asset investment platform. The platform covers more than 2 million registered users and supports stocks, ETFs, foreign exchange, cryptocurrencies, commodities and CFD transactions.
2. Equity governance and financial transparency
Parent company : eToro Group Ltd., which completed its Series C financing in 2021 with a valuation of over $10 billion
Audit and disclosure : Regularly publish operating reports and financial briefings, no record of major regulatory penalties
3. Spread level and pricing model
EUR/USD : average spread 1.0 pips (Standard account);
GBP/USD : 1.5 pips on average;
USD/JPY : 1.1 pips on average;
XAU/USD (Gold) : Average $2.9;
CFD Stocks : Depending on market fluctuations, average commission is 0.09%
Pricing model : Zero commission on stocks/ETFs, included spreads on forex and CFDs; 0.75%–1.0% transaction fee on cryptocurrencies
4. Fees and funding costs
Stocks/ETFs : Commission-free (UK/Europe/US markets), Cryptocurrencies and CFDs spreads are all inclusive
Swap: CFD positions are calculated based on the underlying asset lending rate and are transparently published.
Deposit/Withdrawal : Wire transfer, credit card, PayPal, Skrill free of charge; only a $5 fixed fee for small dollar withdrawals
5. Trade Execution and Performance
Matching speed : average 20–30ms delay, slightly fluctuating depending on regional differences
Slippage and order rejection : Slippage during normal periods is <0.5 points, and can reach 1.5 points during periods of extreme volatility; order rejection rate is <0.05%
Order support : market price, limit price, stop loss, trailing stop loss, Take Profit, long/short combined closing, etc.
6. Trading platform and technology ecosystem
eToro WebTrader : social trading interface, real-time copy trading, topic feed and CopyTrader functions
eToro Mobile App : iOS/Android dual-end, integrating social, market news and one-click trading
OpenBook API : a market and strategy copying interface open to institutions
Innovative tools : Smart Portfolios, Hot Trades Rankings and Market Insights
7. Security architecture and compliance governance
Multi-region hosts : hybrid deployment of AWS and local data centers, high availability
Security certification : ISO 27001 certification, regular penetration testing and vulnerability scanning
Privacy protection : GDPR full compliance, user data encrypted storage
8. Regulation and Compliance
UK FCA : Authorization No. 583263
Australia ASIC : AFSL 491139
EU CySEC : License No. 109/10
US FinCEN : Money Services Business Registration
Multiple local licenses : including Japan FSA, Canada IIROC, etc.
9. Customer Support and Education Ecosystem
24/5 multilingual online customer service : average response time 20 seconds
eToro Academy : 300+ original articles, 200+ video tutorials and weekly webcasts
Community activities : Global Investor Summit, online AMA interaction and local offline salon
10. User word of mouth and media certification
Trustpilot
https://www.trustpilot.com/review/etoro.com
Rating: 4.1/5 (18,000+ reviews)
Forex Peace Army
https://www.forexpeacearmy.com/forex-reviews/1635/e-toro-ltd
Rating: 4.0/5 (4,500+ reviews)
Investing.com
https://www.investing.com/brokers/etoro-907
Selected as “Top Social Trading Platforms”
DailyForex
https://www.dailyforex.com/forex-brokers/etoro-review
Rated "Best Social Trading Platform"
Global Forex Awards
https://globalforexawards.com/nominees/best-forex-social-trading-platform-2024
Award-winning "Best Forex Social Trading Platform"
UK Forex Awards
https://ukforexawards.com/awards/best-mentorship-platform-2023Winner : "Best Mentorship Platform"
ADVFN Awards
https://www.advfn.com/awards/etoro-innovation-award-2022
Winner of the Innovation in Trading Award
Investopedia
https://www.investopedia.com/top-10-social-trading-platforms-5193012
Selected as one of the “Top 10 Social Trading Platforms 2025”
11. Risk Management and Hedging Strategies
Risk warning : High leverage products (CFD, crypto) may lead to rapid losses, it is recommended to control leverage
Stop loss tools : Tracking stop loss and margin alerts to help users automate risk management
Hedging solutions : Reduce the impact of single market volatility through multi-asset portfolios and reverse positions
12. Social Responsibility and Sustainability
Financial education program : Free online courses and certification exams for beginners
Environmental Initiative : 60% of data centers use renewable energy
Public Welfare Cooperation : Participating in Women's Financial Empowerment and Minority Vocational Training Programs
Comprehensive review
eToro has attracted a large number of retail and novice investors with its unique social trading model, zero-commission stocks/ETFs and multi-asset coverage. Although it has been criticized for its slightly higher spreads and small withdrawal fees, its excellent community atmosphere and innovative tools make it significantly different from its peers. It is suitable for investors who pursue social copy trading and diversified asset allocation.
Recommendation index: ★★★★☆ (based on comprehensive evaluation of innovation, user experience, compliance and cost)
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