orbex – Capisky

Exness is a leading global broker founded in 2008, offering forex and CFD trading services. Known for its transparency, competitive spreads, and fast execution, Exness is regulated by top authorities such as the FCA and CySEC. The broker provides various account types, low minimum deposits, and 24/7 customer support, making it a preferred choice for traders worldwide.

Why Choose eToro

eToro, based in Tel Aviv, Israel, is renowned for its user-friendly platform and social trading features , making it ideal for both beginners and advanced traders. The platform offers a wide range of tradable assets, including forex, stocks, commodities, and a comprehensive selection of cryptocurrencies.

Major benefits include the ability to copy trades from successful traders, a broad market range, and an intuitive interface. However, users should be aware of high withdrawal fees and spreads

Trading Fees

eToro charges no commissions similar to Plus500. This may seem like a positive, but there are other fees that eToro users might see as higher than low fee forex brokers as shown below.

Standard Account Spreads

eToro’s spreads are generally higher than other ECN Forex Brokers, such as Pepperstone and IC Markets as there are no commissions. This is because eToro uses a trading execution model standard with Market Maker Brokers.

For EUR/USD is 1 pip compared to Pepperstone, which is 1.10 and 0.62 for IC Markets. Another is the EUR/GBP which is 1.50 pips compared to Pepperstone which is 1.40 and for IC Markets is 1.27.

Major benefits include the ability to copy trades from successful traders, a broad market range, and an intuitive interface. However, users should be aware of high withdrawal fees and spreads

Trading Platforms

Trading Plaform	Available With eToro
MetaTrader 4	Yes
MetaTrader 5	No
cTrader	No
TradingView	Yes
Proprietary Platform	Yes

The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform.

Standard Account Spreads

For EUR/USD is 1 pip compared to Pepperstone, which is 1.10 and 0.62 for IC Markets. Another is the EUR/GBP which is 1.50 pips compared to Pepperstone which is 1.40 and for IC Markets is 1.27.

Major benefits include the ability to copy trades from successful traders, a broad market range, and an intuitive interface. However, users should be aware of high withdrawal fees and spreads

Research and Education

eToro has live webinars that include investment advice, eCourses, and trading videos to help those new to Forex trading. The demo account can also be used for educational purposes and for virtual trading before using real money. It’s these online training facilities that can introduce and refine trading strategies across markets.

Final Verdict on eToro

eToro is unique thanks to its unique trading platform, social trading functionality and range of markets including crypto. Traders will need to balance these trading features with the high brokerage, poor customer service and lack of risk management tools which partially lead to 66% of traders losing their money with eToro. If you’re looking for alternatives, then view the awards for different Countries. Otherwise, you can open a demo account and try the unique features and markets eToro offers.

Is eToro Safe?

eToro is a supervised trading firm that follows the regulatory framework of the world’s most powerful regulatory bodies, as follows:

In Australia, eToro is regulated by the Australian Securities and Investments Commission (ASIC) trading under eToro Aus Capital Pty Ltd. The company’s Australian Financial Services Licence (AFSL) number is 491139. The broker was listed as the social platform on the Best Forex Brokers In Australia.
In European markets, they are regulated by Cyprus Securities Exchange Commission (CySEC) trading as eToro (Europe) Ltd.
In the United Kingdom, they are regulated by the Financial Conduct Authority (FCA) trading as eToro (UK) Ltd. To avoid scams, it’s important to make sure an online broker is regulated in your local market as seen on the forex broker UK table.

Note* eToro is also available in the USA but, only in a limited number of states.

eToro Safety	Regulator
Tier-1	ASIC CySEC FCA
Tier-2	MFSA ADGM GFSC (Gilbraltar)
Tier-3	FSA-S

Is eToro Safe?

Product Range

There are seven key markets that can be traded on eToro with leverage varying by asset class.

CFDs

Currency markets are the most traded in the world, with over $5 trillion USD dollars traded every working day. Markets are open 24 hours, 5 days a week, with small movements regularly occurring. Larger movements can also occur when market-sensitive announcements are made, such as jobs data or interest rate decisions of a reserve bank. eToro offers the major currency pairs from EUR/USD, GBP/JPY through to exotic pairings such as NZD/CHY

ABOUT capisky

Trading leveraged OTC derivatives involves high risk and may lead to partial or total capital loss. It’s not suitable for everyone, and we recommend understanding the risks before investing. Capisky is not liable for any losses based on information from this website

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Capisky is an independent comparison platform offering reliable reviews and analyses of brokerage firms to help traders make informed decisions. We provide insights into each firm’s features, strengths, weaknesses, and services to guide you in choosing the best option for your needs