eToro Social Trading Review

eToro Social Trading Review is a global app that lets you trade stocks, cryptocurrencies, and follow the investing strategies of other users. It has more than 33 million registered users and is based in Tel Aviv, Israel. The company is regulated by the FCA in the UK and CySEC in the EU.

Founded in 2007, eToro is at the forefront of making investing more mainstream with its celebrity adverts and social trading features. The platform has more than 3 billion trades and a total of $140 billion in assets under management. It is available to traders in 140 countries and 45 U.S states.

Its flagship CopyTrader feature allows users to mirror the trades of other users in their account and earn a share of their profits. This democratization of financial knowledge has allowed even those without previous experience or education to become successful investors. The top Popular Investors on the app regularly outperform the markets and can generate 20%+ yearly returns on their portfolios.

eToro Social Trading Review: Connect, Learn, and Invest

Other features include a built-in economic calendar and one-click trading capabilities. You can also access a variety of advanced analysis charts. Custom watchlists are synced across mobile and web platforms, making it easy to monitor the latest market movements and trending assets.

eToro was one of the first brokers to offer commission free trading, but you will still pay fees through currency conversions, withdrawal costs, inactivity charges, and spreads. In addition, research has shown that frequent trading can actually reduce investment returns by increasing transaction costs and reducing long-term average investment returns through a tendency to react to short-term market volatility rather than taking a more long-term investment approach.