Why should I not use eToro?

thumb_down_off_alt Cons Trading forex and CFDs at eToro is slightly pricier than most of its competitors, despite recently cutting spreads and introducing zero-dollar commissions for U.S. stock trading. eToro's range of traditional research materials and tools is limited compared to its peers.

Is it worth to use eToro?

With 25 cryptocurrencies to buy, eToro has a greater selection than some other U.S. crypto brokerages. The addition of stock and a limited ETF selection in 2022 makes the broker a more well-rounded choice for investors who want to invest in multiple assets.

Is it safe to invest in eToro?

Yes. eToro operates in accordance with FCA, CySEC and ASIC regulations, meaning that there are measures in place to protect investors. Our clients' funds are kept secure in top-tier banks and all of their personal information is guarded under SSL encryption.

Is there something better than eToro?

We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to eToro, including thinkorswim, MetaTrader 4, E*Trade Web Platform, and UPHOLD.

Is eToro a reliable platform?

Ultimately, Turo is a safe and legitimate way to rent a car from a local host. Since 2010, Turo has grown into a popular service with more than 332K total app ratings and an “Excellent” ranking on Trustpilot from consumers.

Is it hard to withdraw money from eToro?

Want to withdraw funds from your account? No problem! Customers may withdraw funds from their eToro account at any time. Funds can be withdrawn up to the value of the balance of your eToro account, minus the amount of margin used.

Can I trust eToro with my money?

As it's not regulated in Malaysia you won't get the full protections with eToro as you might with a locally registered investment platform. Nonetheless, eToro is trusted by millions of people around the world, and is subject to regulations in a range of countries and regions, making it a popular pick.

Do I actually own stocks on eToro?

eToro also offers additional functions using CFD trading. With CFDs, you can open SELL (short) positions and use leverage. Keep in mind that if you hold a CFD stock position, you do not actually own the stock. Any CFD trade will be marked 'CFD' in the trade line.

Which broker is better than eToro?

After scoring the best share dealing accounts across 46 different variables, Interactive Brokers is better than eToro. Professional traders are brilliantly serviced with the tools and capabilities of Interactive Brokers.

Why can’t I withdraw all my money from eToro?

You have enough funds in your available balance

Only funds from your available balance can be withdrawn, not funds invested in open positions.

What happens to my money if eToro goes bust?

This means that if eToro Money went into liquidation or bankruptcy, no third-party would have a claim over it and it would be returned to you. Please see our Terms and Conditions (can be found on https://www.etoro.com/money/) for further information.

Can I lose more than my investment with eToro?

In these cases, eToro will perform a margin call: we will close all your open trades. As part of our policy of Negative Balance Protection, we will then absorb the loss and reset your Equity to zero. This means that you can never lose more funds than you have deposited into your eToro account.

Can you go into debt on eToro?

It is possible for your Available balance to become negative. This could occur when all your Available balance is invested in open positions and overnight fees are deducted, or trading losses are incurred. In most cases, the account Equity remains positive.

What happens if eToro shuts down?

If eToro went bust, clients would have their share of the segregated money investments returned, minus any administrators' costs from handling and distributing these funds.

Can I withdraw all my money from eToro?

Customers may withdraw funds from their eToro account at any time. Funds can be withdrawn up to the value of the balance of your eToro account, minus the amount of margin used. *Please note you will be asked to provide an alternative payment method if we are unable to return your funds via your original deposit method.

Why did my money disappear on eToro?

A few instruments on eToro are subject to a contract that expires on a monthly, bi-monthly or quarterly basis. Any open trades on one of these markets will be closed automatically on the contract's expiry date.

Can I withdraw 1 million from eToro?

Want to withdraw funds from your account? No problem! Customers may withdraw funds from their eToro account at any time. Funds can be withdrawn up to the value of the balance of your eToro account, minus the amount of margin used.