eToro
Founded 2007 by Yoni Assia, Ronen Assia & David Ring
The world's leading social trading platform — buy crypto, stocks, and copy the best investors.
Quick Overview
What is eToro?
eToro is the world's largest social trading platform, founded in 2007 in Tel Aviv by brothers Yoni and Ronen Assia. While most crypto exchanges were born in the crypto era, eToro has been in the trading business for 17+ years, starting with forex and CFDs before adding stocks and eventually crypto.
eToro's signature innovation is CopyTrader — the ability to see exactly what successful investors are buying and selling, and with one click, automatically mirror their entire portfolio. This democratized investing by letting beginners follow experienced traders with proven track records. You can start copying with as little as $200.
The platform now supports 100+ cryptocurrencies alongside 3,000+ stocks and ETFs, making it a true multi-asset investment platform. Their Smart Portfolios are professionally managed thematic baskets (crypto, tech, dividends, renewable energy, etc.) that provide instant diversification.
One of the best features for beginners is the $100,000 virtual portfolio — a practice account with fake money that lets you try trading completely risk-free before committing real funds. This is available immediately upon registering.
eToro's social feed creates a investing community where users share their analyses, discuss market moves, and learn from each other. It's like a mix of a trading platform and a social network for investors.
Important to know: eToro uses a 1% spread-based fee for crypto, which is significantly higher than pure exchanges like Binance (0.1%). The $5 flat withdrawal fee and non-USD conversion fee add to costs. In the EU/UK, eToro also offers CFD trading (contracts for difference) which allows leverage but carries higher risk — this is not available in the US where you trade actual crypto. eToro is regulated by FCA, CySEC, ASIC, and FinCEN — tier-1 regulators worldwide.
eToro Bonuses & Promotions
Current offers available to new and existing users.
Welcome Offer
New users may receive $10–$50 in free crypto or credits upon making a qualifying deposit.
Varies by region and ongoing promotions.
CopyTrader
Start copying top investors with as little as $200 — learn by following the best.
Over 30 million portfolios to analyze and follow.
Referral Program
Earn $50 for each friend who deposits and trades. Friend also gets $50.
One of the most generous referral programs available.
Virtual Portfolio
Practice with $100K in virtual money — completely free, no risk.
Available immediately upon registration.
Products & Features
Everything eToro offers — from simple buying to advanced trading.
Crypto Trading
Buy and sell 100+ cryptocurrencies with a clean, social interface.
CopyTrader
Automatically copy the portfolios and trades of successful investors — eToro's signature feature.
Smart Portfolios
Pre-built thematic portfolios (crypto, tech, dividends) managed by eToro.
Stocks & ETFs
Trade 3,000+ stocks and ETFs commission-free alongside crypto.
eToro Money
Cash management account and Visa debit card for everyday spending.
eToro Staking
Earn staking rewards on supported proof-of-stake cryptos.
Social Feed
Follow other investors, share analyses, and learn from the community.
Virtual Portfolio
$100K virtual money to practice trading risk-free before going live.
CFD Trading
Trade crypto CFDs with leverage (EU/UK only — increased risk).
eToro Fees
Crypto Buy/Sell
1%
Spread-based fee on each side
Stocks & ETFs
0%
Commission-free stock trading!
USD Deposit
Free
Free for USD deposits
Non-USD Deposit
0.5%
Currency conversion fee
Any Withdrawal
$5
Flat fee on all withdrawals
Inactivity Fee
$10/mo
After 12 months of inactivity
Security & Safety
eToro is one of the most regulated trading platforms in the world, predating the crypto industry by years. They hold licenses from tier-1 regulators including the FCA (UK), CySEC (Cyprus), ASIC (Australia), and are registered with FinCEN in the US. With 17+ years of regulatory compliance, they offer strong legal protections for users.
Payment Methods
Pros & Cons
Pros
- + CopyTrader — the original and best social trading platform
- + Regulated by FCA, CySEC, ASIC — tier-1 regulators
- + 17+ years of operation — one of the most established
- + Multi-asset: crypto, stocks, ETFs all commission-free
- + $100K virtual portfolio for practice trading
- + Smart Portfolios — professionally managed diversified baskets
- + Available in 140+ countries including the US
- + Social feed for learning from other investors
- + PayPal deposits supported
Cons
- − 1% crypto spread — significantly higher than pure exchanges
- − Smaller crypto selection (100+) than Binance/KuCoin
- − $5 withdrawal fee on all withdrawals
- − Non-USD deposits incur conversion fee
- − CFD trading adds risk (not available in US)
- − Staking rewards lower than direct staking
- − Can't transfer crypto to external wallets in all regions
eToro Timeline
Founded in Tel Aviv by brothers Yoni and Ronen Assia, plus David Ring. Originally a forex/CFD platform.
Launched CopyTrader — pioneering social trading worldwide.
Added stock trading. Won multiple awards for innovation in social trading.
Added cryptocurrency trading — Bitcoin, Ethereum, and more. Huge demand from existing user base.
Launched in the US market. Reached 12 million registered users.
Announced plans to go public via SPAC at $10.4B valuation (later postponed). 25M+ users.
Postponed IPO due to market conditions. Continued growing. Added more crypto assets.
Filed for IPO again. Reached 35M+ users. Expanded crypto offering and staking products.
Continues as the world's largest social trading platform. IPO expected. 35M+ users globally.
Our Verdict
eToro invented social trading, and their CopyTrader feature remains the best in class. Being able to see what successful investors are buying and automatically copy their entire portfolio is incredibly valuable for beginners. Add in stocks, ETFs, Smart Portfolios, and a $100K practice account, and you have the most beginner-friendly investment platform around. The 1% crypto spread is the main drawback — serious traders will want a cheaper exchange for large volumes. But for the combination of social learning, multi-asset investing, and regulated trust, eToro is in a class of its own.