Summary: The eToro trading platform is the best all-in one brokerage in the USA and globally for investors who wish to trade stocks and cryptocurrencies. They offer the widest and most diverse selection of assets and zero commissions on trades.
eToro also supports advanced financial markets features like cryptocurrency staking, giving you access to on-chain yields.
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eToro is a global digital asset brokerage platform that has been around since 2007. Their exchange offers an incredibly diverse range of tradable financial markets which include but are not limited to -Cryptocurrencies, ETFs, Stocks, Commodities, Indicies and more.
eToro Trading & Deposit Fees
They do not currently charge any commissions on trades for any of the assets available on their platform. Instead, eToro makes its money from the spreads, which is the difference between the buy and sell price of an asset.
Spreads can vary depending on the asset being traded and the market conditions. In normal conditions, the spread between eToro's buy and sell price is usually within 50bps (0.5%), which is considered low-average.
Additional to the 0% commissions on trades, they also offer free deposit methods when depositing USD.
eToro Available Markets & Assets
eToro offers over 1,000 assets to trade including cryptocurrencies, indices, stocks, ETFs, commodities, and more. They are the largest multi-asset brokerage in the entire world and give access to the widest range of markets when compared to other trading platforms.
They currently support trading for 50 different cryptocurrencies including Bitcoin, Ethereum, Litecoin, Cardano and more.
The eToro trading platform also allows you to trade Currencies and Forex with up to 10x leverage to long or short different assets.
Is eToro Safe?
It is regulated in a number of countries including the UK, Cyprus, Australia, and more. eToro is broadly considered to be a safe and legitimate cryptocurrency and digital asset trading platform.
eToro has also been around since 2007, which highlights that it is battle-tested, secure and in a good relationship with global financial regulators. They have also never been subjected to a hacking incident or any cyber attacks.
eToro Cryptocurrency Staking
Users of eToro in certain countries can also access cryptocurrency staking for 3 different digital assets. The crypto's you can stake on eToro are Ethereum, Cardano and Tron. While this is a great feature, we would not recommend using eToro to stake digital assets.
A better digital asset exchange for crypto staking would be a centralized cryptocurrency exchange like Bybit. They offer a large selection of cryptocurrencies to stake.
eToro Copy Trading
eToro are also widely regarded for their innovative Copy Trading feature, which allows for professional traders and analysts to post their trades publicly for others to follow. You can track the reputation of certain analysts, and traders to find the ones with the highest success rate to follow.
The eToro Copy Trading feature is perfect for new investors looking for some early guidance, or tips on how to do their own market and stock analysis.
eToro Mobile App
The eToro mobile app is available for both Android and iOS devices, it allows investors to trade on the go. The app offers a number of features including the ability to open and close positions, view charts and prices, check your portfolio and more.
eToro Deposit Methods
For depositing USD, eToro currently supports the following deposit methods; Credit/Debit Card, Paypal, Neteller, Skrill, Rapid Transfer &Bank Transfer.
Please refer to the table below for a breakdown of the supported deposit methods.