eToro is a solid pick if you want a social investing experience, plenty of traders to follow, and low minimum trades. It’s not the best choice for advanced traders though, as it doesn’t support options, mutual funds, or bonds and lacks a pro-grade charting app. The broker also charges for holding CFD positions overnight, which can be a turnoff. It’s also not available in several U.S. states, like Hawaii and New York. Is eToro a Good Investment Platform?

eToro offers the ability to trade a variety of assets, including stocks, ETFs, and cryptocurrencies. Its trading platform is intuitive and easy to use, with features like one-click trading and TipRanks research. It also has a feature called CopyTrader, which lets you automatically duplicate the trades of top traders on the site.

Is eToro a Good Investment Platform? Key Insights for UK Traders

Another popular feature of eToro is its ability to buy fractional shares, which can help investors who have limited capital invest in expensive ETFs and stocks. The company also offers a variety of Smart Portfolios, which are diversified automated investment accounts that allocate your money across stocks, ETFs, and cryptocurrency. Its Smart Portfolios are a good middle-ground between using a robo-advisor and picking individual stocks yourself.

Its high regulation and trust score reflects its strong commitment to protecting investor funds. It segregates user funds from its operational funds and uses encryption to protect your information. In terms of payment methods, eToro accepts credit cards, e-wallets, and direct bank transfers and adapts its offerings to different regions.