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✅LEGIT eToro Reviews: SCAM or LEGIT?

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eToro is world leading social trading platform which deals with trading and investing in all major markets including stocks, forex and even cryptocurrencies. eToro was initially established in 2006 as RetailFX by two brothers (Ronen and Yoni Assia) and their partner David King. Their goal was to build user friendly online trading platform suitable for all traders regardless of their level of experience. Over the years, eToro has really grown and gained alot of trust from trader all around the world. Million of traders from over 140 countries use the platform one a daily basis with over 200 million trades opened.
It is also important to note that eToro created the CopyTrader System, a patent technology which allow users to easily copy trade of other successful traders as easy as with a click of a button.
eToro is a regulated international broker.

Pros OF Using eToro As A Trading Platform
1. Fully Regulated: eToro is a regulated by Cyprus Securities Exchange Commission (CySEC), Financial Conduct Authority (FCA) and Australian Securities and Investments Commission (ASIC). As a trader, this is one of things you want to look out for cause it reduces the risk of scam.
2. Reputation: eToro has been in existence for over a decade and as really proven itself to be a legit trading platform. Millions of traders use their platform with alot of positive reviews.
3. Security: All users assets are secured using industry leading security protocol.
4. Demo Account: Traders who signup for access will be given virtual $100,000 for trading. The platform allows traders to test their skill without having to risk lossing real funds.
5. Social And RealTime Feedback: eToro really focus on socializing trading, chat/discuss with other traders in real time.
6. Mobile Trading: Apart from using their website which is also accessible on mobile, users can download eToro trading platform app on their Android and iOS devices. The mobile app is intuitive and let traders view feeds of other traders in real time.
7. Multiple Deposit Methods: eToro support a wide variety of payment options like PayPal, Credit/Debit Card, Webmoney, Skrill, Neteller, Wire Transfer and more. It is important to note that minimum deposit is $100.
8. Low withdrawal fee of $50.

Cons Of Using eToro As A Trading Platform
1. 24/5 Support: Support are only available 24hr only on weekdays.
2. $25 Withdrawal Fee: Some users regards the platform $25 withdrawal fee as "too much", though this is pretty understandable if one consider the amount of service and feature they offer.

eToro also have an affliate system it calls the partners program whereby if you invite someone you get centain percentage of service fee charged on your invitee transactions.
It is important to note that CFD trading involves alot of risk you should be fully aware of, you can risk lossing all your money by involving in this kind of trade.
 

nyc3650

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May I know, eTORO trading is only Contract for Difference based is it?
If it is CFD, will there be any charges if you hold on to what you bought?
 

PhonyxX

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eToro is good, because it has a good platform with good design and so it's good for beginners that doens't understand much about it.
 

nyc3650

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A few days ago, eTORO announced that minimum withdrawal fee will increase.

upload_2017-7-27_9-17-34.png
 

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I love etoro.I tried their option to use account where I can get some free money just to test my forex trading skills and I was really good but I jus started there.First time when I comed there I was just copy/paste some good traders for joke and I maked a really big trades and I increased my balance 10x times but my paypal was not verified,I was not able to deposit there because I didnt had 18 years and I didnt had any money.
 

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$200 to start is a bit too high :D
i think many forex company already have same regulation and have $50~$100 to start, and also $25 fee? :eek:
 

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I am aware about etoro since old neobux days where we always paid 1 cent for daily click on their ad. But to high investment and high fees, I never got interest in it.
 

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May I know, eTORO trading is only Contract for Difference based is it?
If it is CFD, will there be any charges if you hold on to what you bought?

Yes. But for overnight charges its only for some assets. And different asset are charged differently (no charges for cryptocurrency). It will be stated at the end of the window when you purchase the asset so no worries about any sneaky tricks.
 

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Yes. But for overnight charges its only for some assets. And different asset are charged differently (no charges for cryptocurrency). It will be stated at the end of the window when you purchase the asset so no worries about any sneaky tricks.
how much people are earning there? There are still many questions. etoro is there since years, but still we did not understand it.
 

Jovan Lim

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how much people are earning there? There are still many questions. etoro is there since years, but still we did not understand it.
I am actually earning there. Profiting about 15% in 4 months I would say that is a pretty decent asset gain. Not sure what your questions are. Copying traders really works well and if you are diligent enough to do your own work, cryptocurrency tradings can be pretty lucrative as well.
 

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I am actually earning there. Profiting about 15% in 4 months I would say that is a pretty decent asset gain. Not sure what your questions are. Copying traders really works well and if you are diligent enough to do your own work, cryptocurrency tradings can be pretty lucrative as well.
That is good, do they accept investment via Payza or Payoneer or other processors? PayPal and card option is not for us .
 
S

SHOHANA

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etoro seems a good money investment plan, I never tried investment plan because of risk, or else I may try some sites like this one.
 

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etoro seems a good money investment plan, I never tried investment plan because of risk, or else I may try some sites like this one.
E Toro is like a stock/share market, and investment is always risky even if you invest with an honest admin.
Invest only what you risk to lose.
 
S

SHOHANA

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E Toro is like a stock/share market, and investment is always risky even if you invest with an honest admin.
Invest only what you risk to lose.
THANKS my friend to suggest me something really good, actually I guess the site would have risk and that's why I just comment my opinion. If it has high risk then better for me to stay away, thanks again to alert me with more info.
 

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THANKS my friend to suggest me something really good, actually I guess the site would have risk and that's why I just comment my opinion. If it has high risk then better for me to stay away, thanks again to alert me with more info.
You've welcome.
I used to invest from Alertpay (now Payza).
I will also use Payoneer to invest because PayPal earning is not for investment.
 
S

SHOHANA

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You've welcome.
I used to invest from Alertpay (now Payza).
I will also use Payoneer to invest because PayPal earning is not for investment.
payza is also available here amd payoneer too, good luck for your future step with this site, actually no risk no gain so we should take risk sometimes.
 

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payza is also available here amd payoneer too, good luck for your future step with this site, actually no risk no gain so we should take risk sometimes.
I am going to open Payoneer soon to cashout the clicksense earnings. Just I have to understand the use.
 
M

Medowriter

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I wish to know more about this site, what is trade on, how long do I have to wait before I get paid,
 
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