BrokAIr Reviews

eToro Review

"eToro is becoming an increasingly popular online brokerage, but many people wonder if it is actually safe to trust with their hard earned money." Is eToro really as secure as it claims to be?

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eToro Overview

eToro is an online brokerage that offers a social trading and multi-asset investment network. It was founded in 2007 by Yoni Assia and Ronen Assia, and has offices in Israel, the United Kingdom, Cyprus, Australia, and New Zealand. It is regulated by the Financial Conduct Authority (FCA) in the UK and CySEC in Europe.

Pros of eToro

Cons of eToro

Public Opinion of eToro

eToro is generally seen as a reliable and trustworthy online brokerage. It has been praised for its wide range of asset classes, competitive fees and its intuitive user interface. However, some users have found the lack of research and educational materials to be lacking, as well as the lack of direct market access. Nevertheless, overall public opinion is positive.

Newsworthy Events Around eToro

In 2019, eToro launched its cryptocurrency wallet which allows users to store cryptocurrencies securely. The same year, it also launched its CopyPortfolios service, which allows users to copy the portfolios of experienced investors. In 2020, eToro added more than 500 stocks from the US to its platform. This was a major milestone for the company as it enables traders to access stocks from one of the world’s largest stock markets. The FCA, which regulates eToro in the UK, has also recently announced new rules for CFD (Contract for Difference) brokers, which will affect how eToro operates in the UK.