6. eTORO

EToro is a well known worldwide company which started back in 2007 as trading and investing platform. EToro introduced Bitcoin CFD in 2013 and in 2017 it enabled clients to trade and invest in Ethereum, XRP, Litecoin, and other popular cryptocurrencies.

EToro has offices in UK, EU, USA and Australia and their website is available in 21 world languages. With more than 6 million users worldwide (also from the US), eToro has become a true global player.

EToro offers an intuitive trading platform with professional tools for both beginner and advanced traders.

By keeping a balance between giving easy access to beginners and improving upon important elements for more experienced traders, eToro is probably the world’s leading social trading platform.   

Tools are easy to use, and all of the information on the platform are nicely accessible on both the web interface and in the mobile app. 

Established:                 2007

Official website:           https://www.etoro.com

Security:                       very high

Reputation:                   high

Cryptocurrencies:        BTC, ETH, XRP, BCH, DASH, LTC, BNB, ADA, ETC, MIOTA, XLM, EOS, NEO, TRX, ZEC, XTZ, 

Trading fees:                no classic fees, fees are included in spreads

Deposits:                       PayPal, Skrill, Neteller, WebMoney, UnionPay Wire, Credit card

Wire deposits:              YES

Credit card:                   YES

Withdrawals:                crypto withdrawals, bank wire, credit card, PayPal,

Margin trading:            YES (Retail clients: crypto 2x leverage, stocks 5x, currencies up to 30x. Professional clients:up to 400x)

Mobile app:                   YES

KYC:                               Yes, mandatory

Customer support:      very good, including many social media

US customers:             YES

Specials:                       Copy trading

                                      Stock trading, Forex trading, Commodities

Copy trading

All you need to do to start Copy Trading is open an account, then use the eToro platform to search for the top social investors. filter eToro's best traders or traders you like. Once you’ve found the traders you want to copy, simply click on “Copy” to start automatically copying their positions. You will be asked to specify the percentage of your funds you want to allocate for copying. The amounts for the copied trades will be calculated automatically. You retain full control of your account and can take the trade over, or stop copying a trader at any time. It is probably most suitable for beginner who can learn while trading by experienced traders.

Stock trading, Forex, Commodities

eToro offers easy way to buy shares of companies like Apple, Amazon, Netflix, Tesla, Google, Twitter and many more. You can also trade 12 commodities (gold, oil, silver, cocoa, etc.) and many major world currencies (USD, EUR, GBP, JPY, etc.). Beside investing in crypto, it might be a good idea to put some money also in these markets. 

etoro markets.jpg

eToro offers a variety of trading tools and courses which will be appreciated especially by beginners.  For example, every trader who signs up with eToro receives a virtual-money account, credited with $100,000, so they can test their strategies and practice before trading with real money.

It is also important to mention that eToro is fully regulated, adhering to the strict guidelines of CySEC, FCA and ASIC. You can safely use this great platform even if you are from the US. 

Check it out: https://www.etoro.com

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