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Overall Rating
4.3
4.2
4.6
4.5
5.0
3.1
4.7
4.6
3.8
4.4
How Did We Test and Rate This Broker?
When trading forex and CFDs, understanding a broker's strengths and weaknesses is essential. We developed a proprietary rating system, which is the result of extensive research and hands-on evaluation by our expert reviewers. With a rigorous approach, our reviewers manually assess each broker, investing more than 50 hours per review, checking and testing the broker while analyzing over 250 variables to simplify the broker selection process for you.
The categories we evaluate include trustworthiness, trading platforms, customer support, regulatory oversight, spreads, fees, the variety of instruments offered, education, and research tools. This unique rating system is specifically developed to ensure that the assessment is based on firsthand knowledge and experience. By dedicating a significant amount of time to each review, our team of experts can provide in-depth insights and help you make well-informed decisions when choosing the broker that best suits your trading goals.
This review covers eToro US. If you are not a US citizen, please visit the eToro review.
eToro USA LCC does not offer CFDs, and only real Crypto assets are available.
Our Take on eToro US
Founded in 2007, eToro emerged as a pioneer in social trading, boasting a global community of 30 million users. The New Jersey-based US entity, launched in 2022, offers a unique mix of assets, including cryptocurrencies, stocks, options, and ETFs.
eToro US stands out with its rock-bottom fees, multi-asset platform, innovative copy trading features, and ready-made Smart Portfolios. It is also one of only a handful of US brokers offering spot cryptocurrencies alongside more conventional investments like stocks.
I rate eToro US as an attractive option for beginner investors and crypto enthusiasts alike.
| Recommended in 6 best broker guides: |
| US Brokers | Crypto | Social Trading | Managed Account | Options | No Deposit Bonus |
eToro US Pros and Cons
| Pros | Cons |
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eToro US Highlights of 2024
- Stable and Trustworthy: As a long-established, transparent broker and member of FINRA and SIPC, eToro US earned a high trust rating in my assessment.
- Beginner-Friendly Platform: eToro’s intuitive multi-asset platform enables investors to build diversified portfolios.
- Social Trading Leader: The innovative CopyTrader feature enables clients to replicate the actions of top traders in real time.
- Competitive Fees: eToro US charges zero commissions when you buy or sell a stock and no commission or contract fees for options trading.
- Limited Customer Service: Chat support may be slow to respond and phone support currently requires pre-scheduled calls.
- Excellent Education Resources: Clients can benefit from a wealth of educational materials, including courses, webinars, and platform tutorials.
- Crypto Focus: At eToro US, Smart Portfolios and Copy Trading are oriented on crypto assets only.
What sets eToro US Apart?
eToro US distinguishes itself by providing access to spot cryptocurrencies and conventional investing instruments like stocks and ETFs – all from a single log-in. Its unique platform and global leadership in copy trading also set it apart.
The broker also offers unique products like Smart Portfolios, enabling clients to focus on specific market segments, such as Decentralized Finance (DeFi).
Who is eToro US for?
Offering a diverse array of crypto assets and innovative products like Smart Portfolios, eToro US is particularly appealing to cryptocurrency fans. With its user-friendly platform, copy trading features, and extensive educational resources, I rate eToro US as a great fit for beginners.
We performed our tests with a Standard Account, using the eToro web platform and mobile app, opened with the eToro USA Securities Inc. entity, a member of FINRA and SIPC.
eToro US Main Features
| ☑️ Regulations | FINRA (United States), SIPC (United States) |
| 🗺 Supported Languages | English |
| 💰 Products | Stocks, ETFs, Crypto |
| 💵 Min Deposit | $10 |
| 💹 Max Leverage | 1:50 (FINRA), 1:50 (SIPC) |
| 🖥 Trading Desk Type | Market Maker |
| 📊 Trading Platforms | eToro Platform |
| 💳 Deposit Options | Debit Card, Wire Transfer, PayPal, Bank Account |
| 💳 Withdrawal Options | Debit Card, PayPal, Wire Transfer, Bank Account |
| 🤴 Demo Account | Yes |
| 🗓 Foundation Year | 2007 |
| 🌎 Headquarters Country | United States |
Risk DisclosureCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
eToro US Full Review
Trust
4.2
How Did We Test the Broker's Trustworthiness?
Assessing a broker's trustworthiness with your funds is vital. To help you make the right decision, we carefully checked each broker's regulatory license and examined how well they protect traders. Moreover, we looked at the broker's stability by studying their business history, corporate structure, and industry experience. Finally, we thoroughly reviewed all of the broker's legal documentation, including terms, conditions, and fees, and evaluated their transparency based on our analysis. Our hands-on approach ensures that even novice traders have the knowledge they need to make smart decisions.
eToro US is regulated by top-tier FINRA and is a member of SIPC, which protects clients against the loss of cash and securities. With a lengthy operating history of over 17 years, eToro has a substantial depth of experience as a broker, and my research indicated that the company is highly transparent.
- eToro USA Securities Inc. (CRD#: 298361/SEC#: 8-70212) is regulated by the Financial Industry Regulatory Authority (FINRA) via the Woodbridge district office.
FINRA, a private corporation, establishes and upholds the regulations that all registered brokers in the United States must adhere to. This organization diligently oversees brokers to ensure compliance with its standards, secures restitution for investors who have suffered losses, and actively works to eliminate unethical practitioners from the industry.
Why is it important to know where your broker subsidiary (entity) is regulated?
To serve clients worldwide, brokers must have multiple regional entities. The level of client protection guaranteed by regional regulators varies widely. Here are some of the key features to check on at your broker`s regional entity:
- Segregation of client funds. Segregating client funds from the operating capital of a broker prevents misuse, ensuring that traders’ funds can not be used for operational expenses or speculative investments. At eToro USA Securities Inc., all client funds are held in segregated accounts away from the company’s funds.
- Negative balance protection. This is a guarantee that clients cannot lose more than their account balance, even if the market unexpectedly makes a massive move or gaps. At eToro USA Securities Inc. accounts are cash only so there is no risk of losing more than your initial deposit.
- Compensation scheme. A compensation scheme protects client funds in the unlikely event that the broker becomes insolvent. eToro USA Securities Inc. offers SIPC protection of up to $500,000 for securities and cash (up to $500,000 for securities and $250,000 for cash.) This does not cover crypto investments.
- Maximum leverage. Limiting leverage controls the level of risk traders can take on. The higher the leverage, the higher the potential profits and losses. At eToro USA Securities Inc. the maximum leverage is 1:1.
The table below lists the protections and benefits offered by eToro USA Securities Inc.
| Entity | eToro USA Securities Inc. |
| Country/Region | USA |
| Regulation | FINRA |
| Segregated Funds | Yes |
| Negative Balance Protection | Accounts are cash only so there is no risk of losing more than your initial deposit |
| Account Insurance | SIPC protection of up to $500,000 for securities and cash (up to $500,000 for securities and $250,000 for cash.) |
| Maximum Leverage | 1:1 |
Cryptocurrency holdings at eToro USA LLC are not FDIC-insured or covered by SIPC.
Regulatory requirements are subject to change. We gathered the data listed above in January 2024.
Stability and Transparency
In our tests for the Trust category, we also cover factors relating to stability and financial strength. Here, we focus on the broker’s longevity, the company’s size, and its transparency.
eToro US launched in 2007, marking it as a relatively experienced broker. According to its LinkedIn page, the company is headquartered in London, United Kingdom, and has 1,001-5,000 employees.
In conducting my research for this review, I found eToro US to be transparent overall. Its regulatory status is listed in the footer of each page of the etoro.com/en-us/ website. Costs are broken down on the Fees page. Finally, clients can find the Customer Agreement in the Disclosure Library listed in the footer of the website.
To summarize, my findings show that eToro US can be regarded as trustworthy due to the following qualities:
- Being regulated by top-tier FINRA
- Having SIPC membership
- Having 17 years of operating history
- Exhibiting a high level of transparency
Fees
4.6
How Did We Test the Broker's Fees and Commissions?
Broker commissions and fees can be challenging to understand. To simplify this for you, we carefully examined all the broker's fee-related documentation and presented it in a clear, easy-to-understand format. Furthermore, we conducted hands-on tests on spreads and commissions for the most common instruments during both London and New York trading sessions. We then compared these real-time test results to the market benchmark we've established through our extensive experience evaluating the industry.
eToro US offers commission-free trading in stocks, ETFs, and options. There are no fees for copying other traders or investing in Smart Portfolios. In addition, it does not charge any fees for withdrawals, account maintenance, or inactivity. I rate the fees at eToro US as competitive in relation to the industry.
Trading Related Fees
- Stocks and ETF trades are commission-free.
- eToro charges a single fee of 1% for buying or selling crypto assets.
- Options trades are free of commissions and contract fees.
Non-Trading Fees
eToro US does not charge any account maintenance, deposit/withdrawal, or inactivity fees.
How Does eToro US Make Money?
eToro US earns money via fees, including the 1% crypto trading fee, a crypto transfer fee, interest on your cash balance, and Payment for Order Flow (PFOF). PFOF is the compensation that broker-dealers receive for directing customer orders to specific exchanges or market makers.
Are Fees at eToro US Competitive?
I rate the fees at eToro US as competitive, due to the following factors:
- No commissions for stocks, ETFs, and options
- No contract fees for options trading
- No inactivity, deposit/withdrawal, or account management fees
- No commissions or fees on copy trading and investing in Smart Portfolios
Platforms and Tools
4.5
How Did We Test the Broker's Trading Platforms?
We understand that platforms play a crucial role in your trading experience. That's why we spent many hours testing the broker's web, desktop, and mobile trading platforms to gain a real understanding of their usability, functionality, and overall performance. From experimenting with different order types to testing execution speeds, charting, and other features, we thoroughly examined every aspect of these platforms based on our trading expertise, helping you make an informed choice.
eToro has made significant investments in developing its proprietary trading platform, and the result is impressive. The platform’s design is sleek and minimalistic, striking a balance between ease of use and the extensive range of services offered. Available as a web platform and a mobile app, eToro, however, lacks a desktop version. In my assessment, the eToro platform stands above average in the industry.
The eToro platform features a watchlist that is straightforward to set up, enabling the creation of both custom lists and those grouped by asset class.
Sentiment data from TipRanks and CoinFi break down the percentage of buy, hold, and sell ratings from market top Wall Street analysts and cryptocurrency experts.
Another strong point of the platform is the search feature, which allows you to pull up an instrument in a snap.
Price alerts inform you when an asset reaches a specified price level or moves by a set percentage.
I find this a great tool when I have identified a major support or resistance level that could provide breakout or trend-fading opportunities. Alerts allow you to easily track multiple assets and also free you from having to hover over your screen non-stop.
eToro US offers robust charting via the web platform. Clients can take advantage of the following features:
- 9 Chart Types – including Candle, Hollow Candle, Bar, Line, Heikin-Ashi, and Mountain.
- 9 Time Frames – from 1 Minute to 1 Week.
- 100+ Indicators – from Awesome Oscillator to Williams %R.
- 30 Drawing Tools – including classics such as Fibonacci and Pitchfork.
- Trading from the Chart – buy and sell buttons are conveniently situated at the top of the chart.
- 1-Click Trading – orders can be entered with a single click for fast entry to the market.
Traders at eToro US have access to the following order types:
- Market Order. This is an order to buy or sell an instrument at the current best available price.
- Limit Order. This is an order to buy or sell an instrument at a specified price or better.
- Stop Loss Order. This is an order to buy or sell an instrument that is triggered when the price reaches a specified level.
- Trailing Stop Order. This is a stop-loss order that can be set at a defined percentage or dollar amount away from an instrument’s current market price. It is used to secure profits when you are in a winning trade, while not having to exit the position.
Some advanced orders such as conditional orders, time-in-force orders, and guaranteed stop-loss orders are not currently available.
CopyTrader
The CopyTrader feature within the eToro US platform allows you to mirror the portfolios of other crypto investors. The platform breaks popular investors into lists of most copied and top performers, making it easy to browse through.
For each investor, you can access a variety of important metrics, such as their historical performance, number of copiers, most frequently traded instruments, and a risk rating on a scale of 1 to 10. This risk rating incorporates the maximum drawdown, which indicates the extent of losses an investor has encountered.
Investor profiles go into depth with metrics like trades per week, average holding time, and percentage of profitable weeks. I especially liked the social element, where you can follow posts from the investor you are copying and even interact with them via comments.
Smart Portfolios are innovative, long-term investment portfolios, curated by eToro analysts. At eToro US, Smart Portfolios are focused on cryptocurrency-related themes such as:
- Big-Crypto, covering Bitcoin, Ethereum, and a range of other top crypto-assets.
- DeFiPortfolio, focused on assets relating to Decentralized Finance.
- Balanced-Crypto, offering diversified and balanced exposure to leading crypto-assets.
Smart Portfolios allow clients to benefit from major market trends, without paying portfolio management fees.
For each Smart Portfolio, you can view data like performance over time, risk rating, and asset allocation.
Other Features
The Portfolio section of the platform allows you to stay on top of your investments at a glance. You can view real-time figures showing the profit/loss of each position, cash available, total funds invested, total profit/loss, and the total value of the portfolio.
The Popular Investors feed allows users to follow commentary and interact with seasoned market veterans using the platform.
The platform also has a built-in economic calendar that contains major events including company earnings and economic data like CPI.
My Key Takeaways after Testing the eToro Web Platform
The eToro platform is well-designed and intuitive providing access to a wide variety of investments. I felt its main advantage lies in offering new investors an easy and smooth entry into the markets. However, the platform is not highly customizable, and for US clients social trading is focused exclusively on crypto assets.
eToro US’s Mobile App
The eToro mobile app is available for Android and iOS devices and incorporates the main features of the web platform, including trading in crypto, stocks, and ETFs, copy trading, and smart portfolios.
The feed of popular investors, charts, alerts, analysis, and news are also available. Like the web platform, you can easily switch between demo and live trading accounts.
Advanced charting from TradingView features over 100 technical indicators, enabling traders to do in-depth technical analysis of the markets while on the go. Market orders and limit orders are available for crypto traders, while those who trade stocks and ETFs can access market, limit, and stop-loss orders.
Face ID and two-factor authentication are available for additional layers of protection. Traders can also deposit and withdraw funds via the mobile app.
My Key Takeaways after Testing the eToro Mobile App
I found the eToro mobile app intuitive and beginner-friendly while offering a wide variety of features. Traders can easily manage their portfolios, place trades, follow and engage with popular investors, and receive the latest market news and analysis. Overall, I rate this as a well-designed and robust trading app – better than average for the industry.
Tradable Instruments
5
How Did We Test the Broker's Tradable Instruments?
For this section, we examined the broker's market offering, assessing the variety and depth of instruments and asset classes available for trading. Through our proprietary database, we then compared the results with other brokers. This comprehensive analysis allows you to determine if the broker offers the specific instruments and trading options you're looking for.
eToro US offers a strong range of tradable instruments, including stocks, ETFs, options, and cryptocurrencies. Copy trading and Smart Portfolios are also available, but in the US these are limited to crypto assets. While options trading is possible only via a dedicated mobile app. I rate the diversity of instruments at eToro as better than average for the industry.
Tradable instruments at eToro US include the following:
- 2,759 Stocks. A stock is a form of security that represents ownership in the issuing corporation.
- 270 ETFs. ETFs (exchange-traded funds) are funds that trade on exchanges, generally tracking an index or basket of securities.
- 24 Cryptocurrencies. Cryptocurrencies are digital currencies with transactions verified and records maintained by a decentralized system using cryptography.
- 5 Smart Portfolios. These are curated, thematic collections of crypto assets.
In the tables below, you can see a selection highlighting the variety of instruments available at eToro US:
| Cryptocurrencies | Stocks |
| Bitcoin | Ethereum | Dogecoin | Shiba | Tesla | NVIDIA | Meta | Amazon |
| ETFs | Smart Portfolios |
| Vanguard S&P 500 ETF | ProShares UltraPro Short QQQ | iShares Semiconductor ETF | Vanguard Total Bond Market ETF | Crypto-currency | DeFiPortfolio | Big-Crypto | The TIE Sentiment AI |
My Key Takeaways after Exploring eToro US Tradable Instruments
The range of eToro US tradable assets is robust with a solid range of stocks, ETFs, and options complimented with the unique range of copy trading providers and Smart Portfolios.
Customer Support
3.1
How Did We Test the Broker's Customer Support?
Traders often underestimate the importance of customer support, yet it proves to be a critical aspect during times of crisis. We put the broker's customer support to the test ourselves using all possible channels, such as chat, phone, and others. Our evaluation focused on the accessibility of live agents, as well as the helpfulness and professionalism of their responses. This way, we provide you with comprehensive insights into whether a broker can deliver full support when you need it most.
eToro offers customer support via live chat and a ticketing system for email inquiries. Phone support can be scheduled by filling out a form. I experienced lackluster support during my tests, with slow responses via live chat and email.
Support is a key component of a broker’s offering – whether you are a new trader looking for guidance on how to use the platform or an experienced trader who needs help fast to exit their positions in the event of a technical glitch.
I tested eToro US customer service over two weeks with multiple queries, ranging from available education materials to fees and tradable instruments. The chat support was usually slow to respond with wait times of over 10 minutes, but agents eventually answered my questions with satisfactory answers.
There is no inbound number, but eToro clients can schedule a call via Calendly from 8:00 a.m. to 5:15 p.m. Monday to Friday. Live Chat is available from 8:00 a.m. to 8:00 p.m. Monday through Friday and clients can submit a ticket/case 24/7, for communication via email.
Deposits & Withdrawals
4.6
How Did We Test the Broker's Deposit and Withdrawal Process?
The deposit or withdrawal process can be tricky since you may encounter hidden fees or longer than expected processing time. To assess the broker's offerings, we examined their deposit and withdrawal options and conditions. Using our proprietary database, we then compared these results with those of other brokers.
Clients of eToto US can deposit and withdraw funds via debit card, bank account, wire transfer, and PayPal. The broker does not charge any fees on deposits/withdrawals, but the processing time for withdrawals is relatively slow for the industry.
Deposits
| Deposit Method | Minimum | Maximum | Processing Time |
| Debit Card | $10 | $40,000 per transaction | Instant |
| Bank Account | $10 | $10,000 per day | Instant |
| PayPal | $10 | $10,000 per transaction | Instant |
| Wire Transfer | $500 | $1,000,000 per transaction | 4 to 7 business days |
Withdrawals
| Withdrawal Method | Fees | Processing Time |
| Debit Card | $0 | Up to 7 business days |
| Bank Account | $0 | Up to 7 business days |
| PayPal | $0 | Up to 7 business days |
| Wire Transfer | $0 | Up to 7 business days |
eToro US does not charge any fees on withdrawals, but your bank may charge a fee to receive funds depending on your payment method.
Account Types and Terms
3.8
How Did We Test the Broker's Account Types and Terms?
When it comes to achieving your trading goals, choosing the proper account is essential. We initiated our evaluation by personally opening an account with the broker, which allowed us to gain firsthand experience of the process and accurately asses, how fast and easy it is. In addition, we carried out an in-depth analysis of the account types and features offered by the broker, including spreads, maximum leverage, minimum deposits, and more. For a comprehensive comparison, we turned to our proprietary database and examined how this broker's account offerings and processes stacked up against other brokers.
eToro US provides a single account type, with a fully digital application process accessible through its website. I found the application straightforward, completing it in less than 10 minutes. Traders have the opportunity to familiarize themselves with the platform using a free demo account.
Account Application
To open an individual account at eToro US, prospective clients must answer the following questions.
- Personal details: Name, gender, birth date, country of residence, address, social security number.
- Trading profile: Length of trading experience, investments planned, investment goals, risk tolerance level.
- Financial background: Sources of income, profession, annual income, total assets.
Demo Accounts
eToro US offers demo accounts via its web platform and mobile app. Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money.
Leverage
eToro US offers cash accounts only. No margin is available for trading and therefore the available leverage is 1:1.
Base Currencies
Clients can elect to have their accounts denominated in 19 different currencies, but trades are still executed in US dollars.
| eToro US Base Currencies |
| US Dollar | Euro | Pound Sterling | New Zealand Dollar | Canadian Dollar | Japanese Yen | Swiss Franc | Australian Dollar | Hong Kong Dollar | South African Rand | Russian Ruble | Chinese Yuan | Norwegian Krone | Swedish Krone | Turkish Lira | Mexican Peso | Singapore Dollar | Hungarian Forint | Polish Zloty | Czech Koruna |
Supported States within the US
eToro US accepts clients from all US states and territories with the exceptions of American Samoa, Guam, Hawaii, Nevada, New York, Puerto Rico, and the US Virgin Islands.
Research
4.7
How Did We Test the Broker's Research Tools?
Research options offered by brokers may not be seen as the most important feature for some traders, but they can provide a competitive advantage. To assess the broker's research offerings, we personally explored and tested both proprietary and third-party tools and content, such as Fundamental and Technical Analysis, Market News, educational videos, and webinars. After evaluating the availability and quality of the overall research offering, we compared the results with our benchmark to provide a comprehensive analysis of the broker's research capabilities.
eToro US offers insightful research materials via the website. A steady flow of news coverage along with in-depth analysis keeps clients up to date on the data that is moving the markets. I rate the research offering as better than average for the industry.
The Bottom Line report by Callie Cox guides readers through the week’s top financial stories, with reports like “Everything You Need to Know about Bitcoin ETFs”.
For the top stories of the day, the Daily Breakdown by Bret Kenwell, gives readers a TLDR synopsis, before covering the key themes to watch out for.
This report provides some useful trading ideas along with key technical levels to watch out for.
Stocks, ETFs, and crypto are the main focus of eToro US research reports.
The Market Bites podcast covers the latest market news in a punchy, easy-to-digest format.
The podcast is also available in video format and can be viewed on the eToro YouTube channel, along with a range of other research-related videos.
Education
4.4
How Did We Test the Broker's Education Offering?
Gaining knowledge about trading in the financial markets can make the difference between success and failure. To assess the broker's educational offerings, we personally tested and evaluated the quality of the content provided, considering its relevance for both novice and experienced traders. We explored the range of materials available, such as articles, videos, webinars, and courses. After evaluating the content's volume, update frequency, and overall quality, we compared the results with our benchmark to provide a well-rounded analysis of the broker's education offerings.
eToro US shines in the education category, with a range of courses and guides in text and video format. Materials are crafted to cover the specific assets offered by the US entity. The eToro YouTube channel also has platform tutorials and extensive material explaining copy trading. I rate the educational materials at eToro US as excellent.
The eToro academy, accessible via the eToro US website, offers four major courses:
- ETF Investing 101 (5 lessons)
- ETF Investing Strategies (6 lessons)
- Investing 101 (10 lessons)
- Options Trading (6 lessons)
Course materials are easy to follow and contain both text and video content. The material caters mostly to beginners but some advanced concepts are introduced.
The lessons are short and easy-to-digest and create a great springboard into the market for new investors.
The eToro Academy also features a series of in-depth guides to help users become familiar with important market topics and themes. These guides in text and video format cover subjects like “Investment Terms You Need to Know” and “What is Bitcoin?”. The material is high-quality and reflects eToro’s commitment to helping new traders.
Another solid educational resource is the eToro YouTube channel. Here you can find a wealth of materials including recordings of webinars with industry experts, platform tutorials, primers on copy trading, and more.
The Bottom Line
eToro US distinguishes itself in the American market by not just offering the usual stocks, ETFs, and options trading, but by also integrating a diverse range of cryptocurrencies. This adds a unique flair to their offerings, especially with their standout features like CopyTrader and Smart Portfolio. eToro’s compliance with FDIC and FINRA rules builds user trust, but it’s important to note that cryptocurrencies are not protected by those two authorities.
One of the highlights of eToro US is its fee structure, which is exceptionally competitive. The platform goes a step further by eliminating contract fees for options trading, a move that’s particularly appealing for cost-conscious traders. For experienced traders, eToro offers the added incentive of earning through their CopyTrader system, rewarding those whose strategies are copied by others.
In my assessment, eToro US is particularly well-suited for beginners, casual investors, and those with a keen interest in the crypto market. Its user-friendly interface, combined with educational resources, makes it an ideal platform for those starting their trading journey, while its cryptocurrency options and innovative features keep it attractive for the more crypto-focused traders.
FAQ
Where is eToro US based?
eToro US is based at 221 River St., 9th Floor Hoboken, New Jersey. The global headquarters are in London, UK.
Is eToro US safe?
eToro is a large, well-established broker. The US entity is a member of FINRA and SIPC. I judge this broker to be relatively safe.
How does eToro US make money?
eToro US makes money via miscellaneous fees, such as a 1% fee for buying or selling crypto assets. It also earns money from interest on cash balances and receives payment for order flow (PFOF).
How do I deposit funds in an eToro US account?
You can deposit funds via debit card, bank account, PayPal and wire transfer.
What is the minimum deposit for eToro US?
The minimum deposit is $10.
How do I withdraw money from eToro US?
You can withdraw funds via debit card, bank account, bank wire, and PayPal.
What are the withdrawal fees at eToro US?
eToro US does not charge any fees on withdrawals.
How long does it take to withdraw money from an account at eToro US?
It can take up to 7 business days for withdrawals to appear in your bank account.
How much is the maximum leverage at eToro US?
eToro US offers cash accounts only, so no leverage is available.
How can I open an account with eToro US?
You can open an account by clicking Join eToro on the homepage of the eToro US website.
What platforms does eToro US offer?
eToro US offers its web-based platform and mobile app for Android and iOS.
Is eToro US good for beginners?
eToro US has an intuitive platform and helpful educational materials, making it a suitable broker for beginners.
Does eToro US offer a demo account?
Yes, a free demo account is available via the web platform and mobile app.
See eToro US Full Information
Headquarters Country | United States |
Foundation Year | 2007 |
Regulations | FINRA (United States), SIPC (United States) |
Publicly Traded | No |
Number Of Employees | 1000 |
Trading Desk Type | Market Maker |
Trading Platforms | eToro Platform |
Restricted Countries | Hong Kong, Ireland, South Sudan, Spain, Sri Lanka, Sudan, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, United Arab Emirates, Zimbabwe, Faroe Islands, American Samoa, Svalbard and Jan Mayen, Anguilla, Aland Islands, Christmas Island, Montserrat, Cocos Islands, Niue, Saint Barthelemy, Saint Helena, Saint Martin, Saint Pierre, Wallis and Futuna, Sint Maarten, Falkland Islands, Thailand, Netherlands, Trinidad and Tobago, Poland, Oman, Nigeria, Gabon, Honduras, Egypt, Samoa, San Marino, Algeria, Armenia, Austria, Bahamas, Bahrain, Barbados, Belarus, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Bulgaria, Burkina Faso, Burundi, Cameroon, Canada, Cape Verde, Chad, China, Colombia, Congo, Costa Rica, Cote dIvoire, Croatia, Cuba, Cyprus, Czech Republic, Djibouti, Dominica, Ecuador, Equatorial Guinea, Eritrea, Estonia, France, Finland, Georgia, Germany, Ghana, Italy, Jamaica, Jordan, Kazakhstan, Kenya, North Korea, South Korea, Nauru, Kuwait, Kyrgyzstan, Laos, Latvia, Guinea-Bissau, Guyana, Lesotho, Montenegro, Malaysia, Liberia, Sao Tome and Principe, Liechtenstein, Moldova, Lithuania, Namibia, Palau, Luxembourg, Macedonia, Malawi, Maldives, Mali, Mauritania, Mexico, India, Micronesia, Monaco, Morocco, Nepal, New Zealand, Nicaragua, Niger, Indonesia, Hungary, Norway, Iceland, Papua New Guinea, Peru, Qatar, Romania, Gibraltar, Iran, Greece, Grenada, Guatemala, Guinea, Iraq, Rwanda, Democratic Republic of the Congo, Afghanistan, Tonga, Argentina, Mongolia, Azerbaijan, Bangladesh, Slovenia, Belgium, Russian Federation, Macao, Uruguay, Turkmenistan, Solomon Islands, Curacao, Cayman Islands, Vatican City, Guam, Swaziland, Bermuda, Suriname, Senegal, Zambia, Albania, Angola, Turkey, Timor-Leste, Marshall Islands, Slovakia, Australia, Paraguay, Cook Islands, Antigua and Barbuda, United Kingdom, Tunisia, New Caledonia, Andorra, Kosovo, Northern Mariana Islands, Somalia, Puerto Rico, Sweden, Togo, Venezuela, Switzerland, Yemen, Greenland, Tuvalu, Botswana, Brazil, Syria, Seychelles, Bonaire, Ukraine, Uzbekistan, Brunei, French Polynesia, Sierra Leone, Uganda, Cambodia, Central African Republic, Chile, Comoros, Denmark, Dominican Republic, El Salvador, Saudi Arabia, Lebanon, Serbia, Mayotte, Madagascar, Aruba, Ethiopia, Taiwan, Fiji, Gambia, Vanuatu, Panama, Israel, Singapore, Tajikistan, Mauritius, Vietnam, Japan, South Africa, Isle of Man, Tanzania, Virgin Islands, British, Guernsey, Kiribati, Libya, Malta, Mozambique, Myanmar, Pakistan, Philippines, Portugal, Haiti |
Supported Languages | English |
Min Deposit | $10 |
Max Leverage | 1:50 (FINRA), 1:50 (SIPC) |
Deposit Options | Debit Card, Wire Transfer, PayPal, Bank Account |
Withdrawal Options | Debit Card, PayPal, Wire Transfer, Bank Account |
Time to Withdrawal | 7 |
Time to Open an Account | 9 |
Products | Stocks, ETFs, Crypto |
Demo Account | Yes |
OCO Orders | No |
Offers Hedging | No |
Automated Trading | No |
API Trading | No |
Guaranteed Stop Loss | No |
Guaranteed Limit Orders | No |
Guaranteed Fills / Liquidity | No |
Economic calendar | Yes |
Trading From Chart | Yes |
One-Click Trading | Yes |
Expert Advisor | No |
Social Trading | Yes |
Autochartist | No |
Trading Signals | No |
Platform Languages | English |
24 Hours Support | No |
Support During Weekends | No |
Live Chat | Yes |
Daily Market Commentary | Yes |
News (Top-Tier Sources) | Yes |
Webinars | Yes |
Deposit Fee | No |
Withdrawal Fee | No |
Inactivity Fee | No |
About the Author
Dan BlystoneBroker Analyst
Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.
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