I'm Donny. I'm a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.
eToro is a great platform for beginner U.S. investors to put their money toward crypto.
eToro
- Social investing platform
- Easy-to-use app
- International trading platform
- Not available in all 50 states
- Limited customer support
Are you having trouble investing wisely in stocks and crypto?
If so, eToro allows beginners in the cryptocurrency industry to invest for as low as $10, creating the perfect platform for getting trading experience.
New investors can use their eToro trading app and eToro wallet to trade cryptocurrencies, buy stocks and broaden their portfolios.
Check out our comprehensive eToro review so that you can make intelligent decisions with your finances moving forward.
What is eToro?
Users can access the platform’s advanced trading features, such as social messaging, communal trading and advice columns.
For investors, eToro provides an innovative platform that is well-known around the world and allows beginners in the stock and crypto world the flexibility to practice trading, build confidence and learn online strategies.
Furthermore, eToro allows users to make immediate, no-cost deposits to their investment accounts without any associated ties, make quick withdrawals and send money to other accounts via an account number, sort code or International Bank Account Number (IBAN).
Lastly, users can utilize the perks of their of eToro debit card — which they can use wherever Visa is accepted — access market rates and avoid spending money on start-up costs or transaction fees.
How Does eToro Work?
When it comes to investing, eToro offers two different ways for users to trade stocks or invest in cryptocurrencies on the website.
First, investors can buy or sell stocks through actual shares by selecting ‘Stocks’ on the ‘Market’ page. Then, eToro users can select the specific stock they want to put money into, click on ‘BUY’ and enter the number of stocks they wish to purchase.
By becoming popular investors on the website, investors can make profits and extra money through the number of copiers (and their performance) they have on eToro.
eToro makes money by earning the difference between the ask and bid prices on the website. This allows brokers to earn fees, even though trading is cost-free for investors.
eToro Trading Options
Analyzing eToro reviews can help investors determine the best trading options for their portfolios. An eToro investor will have various trading options when they join eToro:
- Stocks: These are investments that represent ownership of a company. Investing in stocks can help deliver a high return on investment (ROI) for investors.
- Crypto: Investing in cryptocurrency and crypto assets is a lower-risk investment than ETFs or stocks.
- ETFs: Investing in ETFs provides investors with diversification in their portfolios.
- Indices: An index gives investors a low-cost method of reaching their long-term goals.
- Currency: Trading currency offers investors a beginner-friendly approach that is low-cost and resilient to the volatile market and features a high-liquidity rate.
- Commodities: Trading commodities allows investors protection against inflation, high potential return and portfolio diversification.
Trade Markets
People using eToro can invest in stocks with 0% commission, buy crypto with easy-to-use tools, choose their commodity trading level, diversify their portfolios with ETFs, utilize indices to measure the market and get a high level of exposure without spending more money.
eToro Trading Platform
The eToro trading platform is an online trade markets page that offers numerous financial instruments and features an easy way for investors to deposit and withdraw money.
The eToro trading platform works by featuring a simple, functional interface that helps investors with social trading through using a virtual portfolio, research tab, one-click trading, data charts, offline trading and other social trading features.
The benefits of eToro include free and instantaneous deposits, no conversion fees, wire transfer methods, low minimum deposit rates, offline trading, social network message boards and the ability to duplicate other traders’ actions.
| Type | Trading Fees |
|---|---|
| Crypto | 1% |
| Stocks and ETFs | 0% (withdrawal fee minimum $30) |
| Options | Minimum $10 |
eToro Crypto Trading
eToro crypto trading provides all users with an easy platform that helps them build their portfolios, connect with other online traders for investment advice, analyze real-time data insights and protect their investments.
Investors can use eToro’s cryptocurrency trading functionality by choosing the specific cryptocurrency coin to follow and analyzing real-time updates.
eToro crypto trading has numerous benefits, such as a community of over 25 million users to help brainstorm future trades, multiple payment method options and a risk-free investment of $100,000 for users in a virtual portfolio.
| Position | Fee |
|---|---|
| OPEN | 1% |
| CLOSE | 1% |
eToro provides investors, from beginners to experts, with a comprehensive crypto trading experience, on a powerful yet user-friendly platform. Start investing in crypto!
eToro CFD Trading
eToro CFD Trading helps investors reap the benefits of a price change at the open and closing positions of trade for particular stocks and use a non-traditional methodology to diversify their portfolios and increase their ROI with less capital at the onset.
The main benefit of using an eToro CFD Trading profile is a broad diversification of the user’s profile with commodities, currencies, stocks and indices.
CFD Trading provides a greater level of flexibility than other traditional processes.
| Type | Fee |
|---|---|
| CFD on commodities | Overnight and spread fees |
| CFD on indices | Overnight and spread fees |
| CFD on currencies | Overnight and spread fees |
| CFD on cryptocurrencies | Overnight and spread fees |
| CFD on stocks | Overnight and spread fees |
| Withdrawal fee | $30 minimum, $5 charge |
| Inactivity fee | $10 per month |
Demo Trading Account
An eToro Demo Trading Account is primarily for educational purposes. It can help investors practice their skills, work on various strategies and build confidence to begin real stock trading.
Users can manage their virtual portfolio, use the analysis tools, experiment with various risk scores and try a pre-made portfolio.
eToro Money
eToro Money is an easy way for investors to manage their money through an investment account with no fees, instantaneous withdrawals and no subscriptions.
This platform allows users to manage their money and cryptocurrencies, send and receive currency, and protect their funds with a highly-rated bank.
eToro Professional Client
The eToro Professional Client provides professional investors with an advanced method of carrying out large transactions, increasing their portfolio size and continuing to work in the financial field.
eToro Investing Options
There are numerous investment options that eToro users can access when joining the platform.
0% Commission Stocks
Zero percent commission stocks make it easy for eToro users to invest their money with minimum deposits, lower fees and a functional online platform.
The perks of using this website over other options are the thousands of stocks, low minimum trade rate, and protection and security protocol over your data and stocks.
eToro is one of the world’s leading social investment communities that allows people to grow their knowledge. Start investing with eToro today!
CopyTrader
CopyTrader is a user-friendly platform that lets users make automatic trades, invest with reputable traders, use professional traders’ experience and manage their portfolios without constantly having to look at real-time updates.
CopyTrader works by letting traders, especially beginner traders, copy the investment methods of other traders. They can look at the past performance of stocks and bitcoin and practice making wise investment decisions.
The benefit of CopyTrader is that beginner traders can copy other traders’ moves, connect with others on the platform and learn trading strategies from professional investors.
eToro Investment Portfolios
eToro offers investment portfolios, which are groups of various assets, stocks, crypto or ETFs that investors can trade.
Investors can use time-tested algorithms to create long-term investment strategies and enhance their portfolios.
The benefit of using eToro portfolios is that investors can have higher risk management, secure their investments with updated technology and invest with no management fees.
| Type | Fee |
|---|---|
| Conversion fee | Non-USD withdrawals or deposits |
| Spread | Asset prices |
| Overnight fee | Holding a CFD |
| Withdrawal fee | $5 |
The Popular Investor Program
The Popular Investor Program lets eToro investors enhance and upsize their business by boosting their reputation and expanding their network.
It works by setting up a verified and funded eToro account, trading for a minimum of two months and earning at least one copy trader.
The benefits of using the Popular Investor Program are that investors can benefit from a feature in eToro Marketing, fee-free withdrawals, low monthly payments, premium access to perks, instant credibility to grow their business and global exposure to over 30 million investors.
| Cadet | Champion | Elite | Elite Pro | |
|---|---|---|---|---|
| Monthly payment | $500 | $500 + an additional $500 | 1.5% annual | 1.5% annual |
| Min average monthly AUC | N/A | $50,000 | $500,000 | $10,000 |
| Min average monthly equity | $1,000 | $5,000 | $25,000 | $50,000 |
Staking Crypto
Staking in crypto lets investors increase their crypto holdings and earn rewards by trusting the eToro page to carry out the entire staking procedure, which includes protecting users’ crypto wallets and assets against risks.
eToro users can sign up for the staking process and then earn rewards monthly without any further action required on their end.
Investors can use this platform to earn rewards and grow their Ethereum profile.
Who Should Use eToro?
The ideal demographic for the eToro platform includes beginner traders who want to copy the moves of experienced traders, advanced investors who wish to collaborate with others around the world and traders who want an easy-to-use and comprehensive platform.
If you choose to use eToro, you can expect to collaborate with other investors through the functional platform, the mobile app for Android or iOS and multiple markets.
How Does eToro Compare?
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Primary Rating:
5.0
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Primary Rating:
4.5
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Primary Rating:
4.0
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Account minimum:
$0
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Account minimum:
$0
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Account minimum:
$0
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Fees:
1% for cryptocurrency
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Fees:
$0 per trade
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Fees:
0.5% - 3.49% depending on payment method and platform
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Promotion:
Get a $10 bonus when you buy $100 worth of crypto (U.S. only).
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Promotion:
No promotion available at this time
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Promotion:
$20 of BTC for new users after trading $100 or more within 30 days
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Getting Started with eToro
Getting started with eToro is easy and fast!
- Create an account: Visit the eToro homepage, and click on “Join Now.”
- Enter your personal data: This includes your first name, last name, username, email, password and phone number.
- Complete verification methods: Read and agree to the T&Cs, and verify your identity. You will have to set up two-factor authentication to keep your data secure.
- Start buying, selling and trading: Once you connect your bank account or payment method, you can start buying, selling and trading stocks or crypto.
Is eToro a Safe Platform to Use?
So, should you join eToro? New investors who want an easy-to-use and social platform that can provide information and advice can feel safe and secure after joining eToro.
This reputable and successful platform uses tier-1 banks and SSL encryption to protect investors’ information and provides investors with complete control over their privacy and security settings.
Furthermore, eToro uses tier-1 financial regulations to secure tier clients’ personal information and banking data.
If you are interested in broadening your portfolio, copying advanced traders’ moves and making money with multiple currencies, sign up for eToro today!
eToro FAQs
Let’s check out some of the most commonly asked questions about signing up for and using eToro.
Who owns eToro?
eToro Group Limited, a company that Yoni Assia and Ronen Assia founded, owns eToro USA LLC.
How to sell crypto on eToro?
Selling crypto on eToro is easier than you may think. The quickest way to do so is by logging into your eToro account, clicking on portfolio, selecting the bitcoin you want to sell and clicking the red icon to close the trade.
Is eToro good for beginners?
eToro is a smart option for beginner traders as it allows investors to copy advanced traders’ moves and uses an intuitive platform.
Where is eToro located?
eToro is in central Israel, with satellite offices in the United States, Australia, the United Kingdom and Cyprus.
eToro is one of the world’s leading social investment communities that allows people to grow their knowledge. Start investing with eToro today!
Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Read our Advertising Disclosure. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
eToro
eToro is a social trading and multi asset brokerage company that focuses on providing copy trading services that has registered offices in Cyprus, Israel and the United Kingdom
Product Brand: eToro
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I'm Donny. I'm a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.
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