- Experts rate eToro highly as a recommended stock broker in the US, highlighting its commission-free trading on US stocks and user-friendly platform, which is particularly beneficial for beginners. However, they note limitations such as a restricted selection of 3,000 US stocks and the absence of margin trading options.
- Across 283 user reviews on Good Money Guide, averaging 3.4/5, customers appreciate the ease of use and the variety of products available, with many praising the platform's suitability for beginners. However, some users express concerns about account management issues and the platform's perceived lack of transparency, indicating a mix of positive experiences and significant frustrations.
eToro US Review Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated eToro US Review across five key areas of our review framework.
- Pricing5.0
- Market Access4.0
- App & Platform4.0
- Customer Service4.5
- Research & Analysis4.5
Pros
- Commission-free US stock trading
- Copy other stock portfolios
- No withdrawal costs above $30
Cons
- Only 3,000 US stocks
- Limited account types
- No margin stock trading
See full expert review
Our verdict
eToro is getting better all the time. For beginners, it's great, but I think it will get more advanced as time goes on. I could tell this from when I interviwed the head of eToro US, Andrew McCormick. They have big plans for American investors. eToro lets you trade 3,000+ US stocks with 0% commission, but where they excel is their copy trading feature where you can follow popular investors and copy their stock traders and portfolios.
Is eToro a good stock broker?
Yes, overall, we rate eToro as a recommended stock broker in the US as they are correctly regulated and offer a wide range of US stocks to trade.
Pricing: It's free to trade US stocks on eToro. There is 0% commission and $0 withdrawal fees for transactions over $30 and instead makes it's money from interest on cash balances and payment for order flow (PFOF).
Market Access: You can trade about 3,000 US stocks in America with eToro which isn't as much as other US stock brokers like Interactive Brokers, but it is enough for most investors that want to buy shares in major companies like Tesla, Nvidia and Microsoft. However, US traders do not have access to international stocks.
App & Platform: These are great for beginners, I found them really simple to use and quite intuitive. However, for more advanced or high-frequency stock traders it may be a bit too basic. They are geared more towards people investing in the long term or running copy portfolios.
Customer Service: eToro provides very good customer service. Most of it is automated, but we found that we received quick responses when asking questions about stock trading.
Research & Analysis: This is where eToro really excels. There is some great analysis on their social channels, but the best part of eToro is being able to see what stock other people are buying. There is also a good social fee so you can get stock trading ideas too.
Customer reviews for eToro UK
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 283 reviews
- Excellent20%
- Very good25%
- Basic35%
- Poor12%
- Bad7%
Read customer reviews
Trusted
They make investing easy and understandable.
convenient
ease of use, choice of products
Love everything
I've been using Etoro since Covid. I have a diamond account. There's a dedicated account manager giving constant updates, educational content, networking sporting sessions like watching F1 and Liverpool match at National Stadium. The user interface is the most intuitive and best across all the platforms I have seen.
Best Investment Partner
It’s best investment platform for investments in all areas , stick to cryptocurrency, also feature of interest on cash balance is also worth noting
Nice and easy to use
Very good for the beginners. Etoro has improved his service along the time. 3 years I use Etoro, and satisfied.
EToro is best.
Interactive broker does not provide us the possibility to deposit money using the debit or credit card. So sending the money to their account cost me about AED 100. Same is the issue with Saxo Bank.
Unethical and Untrustworthy Platform – Avoid eToro!
I had an absolutely terrible experience with eToro. Without my consent, they closed my account while I still had cryptocurrencies purchased and open. This is unacceptable. Despite multiple attempts to contact their customer service, my requests were completely ignored. No proper explanation, no support, and no resolution.
As a result, I lost my money. It feels like there is no way to get proper attention or accountability from this platform. The lack of transparency and disregard for customers is shocking.
I strongly advise anyone considering eToro to think twice. A platform that can shut down accounts without consent and ignore customer complaints cannot be trusted. If you value your investments and want peace of mind, stay away from eToro.
4 stars for its reliable platform
I just wanted to drop my two cents on eToro. I've been using this platform for a while now and honestly, it’s been a blast. The interface is slick, trades go fast, and I’ve made some solid moves. Every trade feels like a mini victory, and the community vibe is on point. Sure, there are ups and downs, but that’s all part of the game. What really stands out is how eToro keeps it real with transparent info and easy-to-follow charts. I even checked out Wikitoro, which serves as a neat resource of insights on eToro, and it only boosted my confidence. It’s like having a buddy with all the inside scoop. So if you’re keen on trading with style and simplicity, eToro might just be your next go-to. Cheers! Highly recommended for anyone wanting smart trading indeed.
e Toro? TORO,TORO...
Always there if I need them.
Made to pick your pocket
Every aspect of the platform aims to tell you could potentially make money fast. But that’s not how good investing strategies work.
5 Star eToro
One of the best platforms for investing. Instruments such as charting are simple and straight forward to follow. Large choice of cryptos and other investment classes. Innovative platform and company always striving to improve
The best social trading platform...
The best social trading platform with lots of educational elements to equipped you for the world of investment. In Etoro I have benefited from great knowledge of my account manager who has always been there to make sure my questions and any other requests are addressed.
-agressiv marketing, +free education and...
-agressiv marketing, +free education and support
Very happy with it
Very happy with it
Quick
Quick
3/5
Fun blogs good crypto
Fun blogs good crypto
Little let’s easy to use
Little let’s easy to use
Complex tool that you need...
Complex tool that you need to get your head around
No thoughts
No thoughts
Yes, you can trade stocks on eToro if you have an account in America.
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.
