- Beginner friendly interface
- Easy to open account
- Non-crypto assets are available
- High security level
- Copy trading available
- Fees are higher than average
- Customer support should be improved
- Range of available cryptocurrencies
eToro is an Israel-based company and was founded in 2007 in Tel Aviv. eToro offers both app and web interfaces. Currently there are more than 25 million customers in 140 countries. There are more than 20 cryptocurrencies as well as a huge number of non-crypto assets available in the platform.
eToro fees are higher than an average, but this platform is loved by their customers for being beginner-friendly and easy to use. Company generates 4 billion trading volume a day, which makes it trusted by millions of users all over the world. eToro is regulated by the FCA and CySec.
CopyPortfolio feature allows customers to copy the strategy of different users. There are a lot of portfolios available for copying, some of these are crypto, non-crypto or mixed. Another interesting fact about this feature is that some of the portfolios use AI and machine-learning, which will fit users who hardly accept risks or prone to spontaneous decisions.
Another great feature that is available for all users. Demo account will perfectly fit beginners in trading. It will allow customer to trade without any risk, test their knowledge and feeling of the market. You will be credited 100,000 virtual USD which can be traded in real-time market.
eToro Money is a regular bank account that is directly connected to your trading account. It means that owning one you will be able to instantly deposit and withdraw your funds. eToro Money comes with a VISA debit card allowing you to spend your funds anytime and anywhere across the globe with highly competitive exchange rates. The card is completely free and comes with no monthly fees.