eToro review: score, licensing and risks
72/100SCORE · BTrusted
Grade B, very good
eToro is a regulated securities broker offering crypto alongside stocks and ETFs, with a MiCA CASP licence and a public listing. Crypto fees of 1 percent plus spread are high, and moving coins to your own wallet is restricted.
The facts
- FOUNDED
- 2007
- HEADQUARTERS
- Tel Aviv, Israel
- CUSTODY
- Custodial.
- MiCA / EEA
- Authorised. Holds a MiCA CASP licence, alongside multiple securities licences.
- US ACCESS
- Yes, in most states.
- PROOF OF RESERVES
- Regulated custody.
- FEES
- 1 percent on crypto trades plus spread.
- ASSETS
- 100 plus crypto, plus stocks and ETFs
How the score breaks down
Each dimension is explained on the methodology page.
Where it is strong and where it is not
✓ Strengths
- Heavily regulated as a securities broker across many jurisdictions
- MiCA authorised
- Crypto alongside stocks and ETFs
- Publicly listed
✗ Weaknesses
- 1 percent crypto fee plus spread is expensive
- Withdrawal to external wallets is limited
- Copy trading encourages poor habits
Incident history
No major security breach or regulatory action on record.
Our read
One of the most heavily regulated names here because it is primarily a securities broker. Expensive for crypto, and the ability to move coins off platform is limited.
COMPARE
RISK WARNING
Crypto assets are highly volatile and largely unregulated. You can lose everything you put in.
Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation
to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.