
ASIC-regulated trading with spreads from 0.8 pips
eToro — 2007-founded ASIC/CySEC-regulated broker offering spreads from 0.8 pips and Proprietary platform.
Min Deposit
Raw Spread
Max Leverage
Instruments
Trusted with a 4.5/5 customer rating


eToro is a brokerage established in 2007, headquartered in Israel. This editorial review walks through regulation, platforms, fees, and who eToro is best suited for. The assessment is based on publicly disclosed information and is intended as a starting point for your own due diligence — always demo-test and verify the regulated entity you will be onboarded to.
It is supervised by the following authorities according to its public disclosures: ASIC, CySEC, FCA, FSA. Broker oversight matters because regulators enforce capital adequacy, segregated client accounts and transparent pricing disclosures. Where multiple regulators are involved, identify which entity holds the contract for your jurisdiction.
The supported trading platforms include: Proprietary platform. Each platform has trade-offs in charting depth, automation support and order types — pick the one that matches your strategy rather than what is marketed loudest.
Advertised spreads at eToro start from 0.8 pips on major pairs under typical liquidity conditions. Spreads always widen around news events, market open/close and during low-liquidity sessions — assume realistic, not advertised, spreads when sizing positions.
Maximum leverage is described as Varies by jurisdiction and account type, subject to the regulator and account profile.
The published minimum deposit is $50 - $10,000 as of the latest editorial review. eToro markets Varies by account type, which determines the breadth of strategies you can run on a single account.
Supported channels include: 10(bank wires, credit/debit cards, PayPal, Neteller, Skrill, Rapid Transfer, iDEAL, Klarna/Sofort, Trustly). Processing times and fees vary by method and region; e-wallets typically clear faster than bank wires. Confirm the cut-off times in the client portal before initiating large transfers.
Pros
Cons
This editorial assessment of eToro is intended to highlight what the broker publicly discloses and where to focus your own due diligence. Demo-test the platform, verify the regulated entity you will onboard to, and review the fee schedule before funding an account. Past performance and broker reputation are not a substitute for hands-on testing.
Disclaimer: Forex trading involves significant risk. Past performance does not guarantee future results. Always verify a broker's regulatory status before depositing funds
I run a discretionary news strategy and eToro's execution around the FOMC and ECB releases has been acceptable. Some slippage is unavoidable, but it has stayed within tolerance. Charting and execution feel responsive on my setup. The economic calendar integration is well-done — events are colour-coded by impact and link directly to the relevant currency exposure on my watchlist.
Came to eToro after frustrations with my previous broker's withdrawal delays. So far, every cash-out has cleared within the documented window. The $50 - $10,000 entry point made it easier to start small. The dashboard surfaces account analytics — daily P&L, win rate, average hold time — that I used to have to compile manually in a spreadsheet. Small thing but it saves me time every week.
Having traded forex for six years across four brokers, eToro sits comfortably in my top three. Charting and execution feel responsive on my setup. Slippage on stop orders is minor and within tolerance for my system. The web platform handles multi-monitor setups without complaints. Demo-test the asset coverage you actually trade before committing real capital.
Been trading with eToro for almost a year now and the platform has been remarkably stable through volatile sessions. Spreads on the majors stay within the advertised range during London/NY overlap. Withdrawals to my bank arrive within the documented timeframe — no surprises. Customer support replied to my account verification query inside 30 minutes via live chat. Charting and execution feel responsive on my setup. Overall a solid choice for active traders.
Tested eToro's raw spread account and the EUR/USD pricing is competitive during liquid hours. Regulatory cover from ASIC was a deciding factor for me. The onboarding portal is modern and the document upload worked first try. I keep a separate broker for redundancy, but this one is now my primary for major currency pairs.
Used eToro for about eight months. The platform is reliable and the spreads are advertised honestly — what you see is mostly what you get during normal market hours. The $50 - $10,000 entry point made it easier to start small. A small deduction in the rating because the educational content feels recycled rather than original, but that's a minor gripe.

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