eToro Review — Our Evidence-based Verdict for 2025

Our Expert Take

We approach eToro as a social-first, multi-asset broker. For new investors, CopyTrader™ and Smart Portfolios lower “decision fatigue.” For experienced traders, the native web/app stack is clean, with ProCharts, price alerts and robust risk controls. The trade-off is region-by-region differences (e.g., no forex via the US entity) and a fee structure where spreads and conversion costs matter more than headline stock commissions. Safety is strengthened by multi-jurisdictional regulation, segregated funds, SIPC coverage for US securities, and a recent SOC 2 Type II audit of crypto-custody operations. None of that mitigates market risk.

What Are the Pros & Cons of eToro?

Who Is eToro Best for?

• Beginners who want to observe and mirror others before taking full control.
• Long-term stock/ETF investors who value 0% US stock commissions and a social feed.
• Crypto-curious users who want native crypto + social insights in one place. (Understand the 1% fee and market risk.)
• Non-US traders seeking multi-asset access including forex and CFDs—subject to local rules and risk warnings (CFDs are high-risk; eToro currently discloses 61% losing-account rate in its materials).

Risk & Cost Disclosure

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. eToro‘s current materials show 61% of retail CFD accounts lose money. Review your entity’s risk statement and fee page before trading. Nothing here is investment advice.