eToro’s platform (despite looking very basic) is actually getting better every day, but I’d say it’s nowhere near being one of the best trading platforms out there. For serious and high-volume traders there is not a downloadable desktop version and you do not get direct market access.
But for average and beginner investors eToro has some really very good features.
The ability to look at the positions (and then copy) of consistently profitable traders is an excellent want for new investors to see how to construct a diverse portfolio is not just an excellent way to invest, it is a fantastic learning tool. I spoke to the founder of eToro Yoni Assia ages ago about whether or not copy trading could be an investible asset class, and there are signs that it perhaps could be.
eToro has a very simple online trading platform and offers a social way to speculate on global markets. Through social and copy trading you can see other traders’ portfolios and copy their trades. You can only trade and invest in USD, but you do have the option to buy and sell cryptocurrency.
Compare eToro to other trading platforms
| Trading Platform | Markets Available | Minimum Deposit | GMG Rating | More Info | Risk Warning |
|---|---|---|---|---|---|
 | 13,500 | £100 | See Platform* | 69% of retail investor accounts lose money when trading CFDs with this provider | |
 | 5,000 | £1 | See Platform | 74% of retail investor accounts lose money when trading CFDs with this provider. | |
 | 1,200 | £1 | See Platform* | 75.3% of retail investor accounts lose money when trading CFDs with this provider | |
 | 10,000 | £1 | See Platform* | 64% of retail investor accounts lose money when trading CFDs with this provider | |
 | 2,000 | £100 | See Platform* | 80% of retail investor accounts lose money when trading CFDs with this provider. | |
 | 17,000 | £250 | See Platform | 69% of retail investor accounts lose money when trading CFDs and spread bets with this provider. | |
 | 12,000 | £1 | See Platform | 68% of retail investor accounts lose money when trading CFDs with this provider | |
 | 9,000 | £1 | See Platform | 65% of retail investor accounts lose money when trading CFDs with this provider | |
 | 7,000 | £1 | See Platform | 60% of retail investor accounts lose money when trading CFDs with this provider | |
 | 2,976 | $50 | See Platform | 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money |
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
You can contact Richard at richard@goodmoneyguide.com
