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Practical Guide To eToro Markets

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eToro markets provide several financial assets for trading, like cryptocurrency, commodities, indices, currencies, and ETFs. 

Each asset class comes with advantages and disadvantages based on your strategy and interest. Read on to explore the financial assets you can use with the eToro platform. For more information you can also check out:

Currencies

The leading market around the globe is the foreign currency exchange [forex]. It is a volatile environment, so most traders need extra research to perform well in forex. Professional trading platforms offer specific ratios and leverage, which are vital to generating profit with forex. 

The eToro platform allows you to trade currencies as CFDs, meaning that you won't own any direct rights to whatever asset you're trading. CFDs let you use leverage and sell your position based on the upward or downward movement of the trading contract. 

Trading currency is excellent for those that do not have large capital to start with. Still, trading CFDs is recommended for experienced traders since you'll have to understand the risks before committing to a single trade. 

ETFs

The ETFs represent a specific set of assets grouped together as a tradable fund. This asset matches the financial institution hedging plan, and it can significantly lower risks for investors. 

Trading ETFs is recommended for those who prefer to avoid or mitigate the high volatility of other assets. 

Indices

Each stock market has indices, an important aspect necessary to determine the health of a group of stocks in a large stock market. For example, the NASDAQ 100 represents an index for the leading non-financial company stocks in the United States. 

Overall, indices represent an indirect type of individual stocks. These include distinct trading indices and assets with lower risks. One of the most well-known trading platforms for indices is eToro. 

Stocks

Stocks are one of the most commonly traded financial assets globally and represent an excellent choice for long term investments. Still, some factors can impact the price movement for stocks. 

eToro lets you invest in stocks by opening a BUY, non-leveraged position. It means you will invest in the specific asset directly, and the purchased stock will be under your name. eToro provides CFD trading for stocks with an open SELL position for short term and fractional shares. 

Cryptocurrencies

Cryptocurrencies have become more and more attractive among traders looking for a streamlined income. Most traders use top-rated cryptocurrencies like Ethereum and Bitcoin due to their established presence on global markets. If you're interested in trading cryptocurrency, you can use the eToro service. However, it is best to understand the high volatility of trading crypto assets before choosing this as your investment approach. 

In most cases, crypto prices can be excellent one day, but there can be significant fluctuations by the next day, leading to financial loss. 

Cryptos are similar to stocks and have benchmarks. Bitcoin is one of the largest cryptos, and it is the benchmark for the market. Several other asset charts move almost identically to Bitcoin. Hence, it is an excellent plan to start trading Bitcoin before opting for other cryptocurrencies. 

Purchasing crypto on eToro signifies that you are investing in the underlying crypto asset without the ability to leverage it. Hence, there is a significant risk of investment you need to be aware of. 

Commodities

If you have trading experience, you most likely know the advantages of commodities trading. 

Commodities are the oldest assets traded in the market with a long track record passed from one generation to another. Mostly, commodities traded on eToro can revolve around precious metals, energy, and everyday staple goods. 

What you need to understand about trading commodities is that these assets are affected by world news and events. For example, when oil supplies are in surplus, the cost will most likely drop. 

There are quite a few commodities associated with low risks, such as precious metals. Still, there is a significant level of volatility you shouldn't overlook. 

Critical aspects of eToro markets 

There are a few vital variables to keep in mind when choosing an online trading platform such as eToro. Those are: 

• the experience a broker has with day trading; 

• the customer support available; 

• the regulations and the best play an arbitration role in case of disputes or loses; 

• the timeframe for deposits and withdrawals; 

• the international presence in several counties; 

• the access to a multi-lingual customer support staff; 

Based on these features, we shared a comparison table to help you decide which is the best trading broker in 2020. We analyzed eToro compared to the other top brokers in 2020 that offer the best features and platforms for traders. 

Cell

eToro

IC Markets

Pepperstone

FxPrimus

AxiTrader

Swissquote

AvaTrade

ForexMart

Phoenix Markets

EZInvest

ETX Capital

Regulation

FCA, CySEC, ASIC, MiFID

ASIC, FSA, CySEC

ASIC, DFSA, FCA, SCB

CySEC, MiFID

FCA, ASIC, DFSA

FCA

FSA, FSB, BVI, ASIC

CySEC

CySEC

CySEC

FCA

Min. Deposit

200

200

200

100

No

1000

250

1

500

500

100

Funding

Bank Transfer

Credit Card

PayPal

Bank Transfer

Credit Card

PayPal

Bank Transfer

Credit Card

PayPal

Bank Transfer

Credit Card


Bank Transfer

Credit Card

Bank Transfer

Credit Card

Bank Transfer

Credit Card

PayPal

Bank Transfer

Credit Card

Bank Transfer

Credit Card

Credit Card

Bank Transfer

Credit Card

Used By

12,000,000+

60,000+

10,000+

10,000+

10,000+

300,000+

200,000+

10,000+

10,000+

10,000+

10,000+

Advantages

STP available

Low Min. Deposit

Negative Balance Protection

Scalping & Hedging Available

Low Min. Deposit

Negative Balance Protection

Scalping & Hedging Available

STP

Low Min. Deposit

Negative Balance Protection

Scalping & Hedging Available

STP

Low Min. Deposit

Scalping & Hedging Available

STP

Low Min. Deposit

Scalping & Hedging Available

Scalping & Hedging Available

Low Min. Deposit

Scalping & Hedging Available

STP

Low Min. Deposit

Negative Balance Protection

Scalping Available

STP

Scalping Available

STP

Hedging Available

Low Min. Deposit

Guaranteed Stop Loss

Accounts

Demo Account

Standard Account

Islamic Account

Demo Account

Mini Account

Standard Account

Zero Spread Account

Raw Spread Account

Islamic Account

Demo Account

Mini Account

Standard Account

ECN Account

Islamic Account

Demo Account

Micro Account

Mini Account

Standard Account

ECN Account

Managed Account

Demo Account

Micro Account

Mini Account

Standard Account

ECN Account

Islamic Account

Demo Account

Mini Account

Standard Account

Demo Account

Micro Account

Mini Account

Standard Account

Islamic Account

Demo Account

Standard Account

ECN Account

Islamic Account

Demo Account

Standard Account

ECN Account

Islamic Account

Demo Account

Standard Account

ECN Account

Islamic Account

Demo Account

Mini Account

Micro Account

Standard Account

Spreads

Var. Spreads

Var. Spreads

Var. Spreads

Var. Spreads

Var. Spreads

Fixed Spreads

Fixed & Var. Spreads

Var. Spreads

Fixed Spreads

Fixed Spreads

Fixed & Var. Spreads

Platforms

Mobile Apps

Web Trader

MT5

MT4

ZuluTrade

Web Trader

Mirror Trader

cTrader

MAC

MT5

MT4

Web Trader

ZuluTrade

Mac

Mobile Apps

MT4

Mac

Mirror Trader

Web Trader

Mobile Apps

MT4

MAC

ZuluTrade

Web Trader

Mobile Apps

MT5

MT4

Web Trader

ZuluTrade

MT4

Mirror Trader

Mac

ZuluTrade

Web Trader

Mobile Apps

Web

Desktop

MT4

Mac

Android

iPhone

iPad

MT4

Mac

Android

iPhone

iPad

MT4

MT4

Mirror Trader

Max

Binary Tablet

Mobile Apps

Support

Live Chat

Email Support

Email Support

Live Chat

Email Support

Phone Support

Live Chat

Email Support

Phone Support

Phone Support

Email Support

Live Chat

Email Support

Phone Support

Live Chat

Email Support

Phone Support

Live Chat

Email Support

Phone Support

Live Chat

Email Support

Phone Support

Live Chat

Email Support

Phone Support

Phone Support

Email Support

Risk

Up to 75% of retail investor accounts lose money when trading CFDs

Losses can be higher than deposits

Up to 79.3% of retail investor accounts lose money when trading CFDs

Losses can be higher than deposits

Losses can be higher than deposits

Losses can be higher than deposits

Up to 79% of retail investor accounts lose money when trading CFDs

Your capital is at risk

Your capital is at risk

Your capital is at risk

Losses can be higher than deposits

Excluded Countries

AN, VG, NI, PR, GT, HN, PY, US, SV, LB, AW, AI, AG, BS, BM, BB, FJ, GD, KZ, MV, MH, BT, MM, HT, TT, LK, UZ, TJ, TM, VI, SG, NP, WS, TW, BN, PK, CI, DJ, GM, LR, SL, TG, NA, SO, TN, RW, BW, ZM, UG, LY, TZ, GH, ET, ZW, SD, CD, GN, RS, MK, MD, AL, BY, IL, TR, SY, JP, CA, BE, KP, IR

NA, SN, GN, KG, KR, GH, AG, NG, GM, AO, NE, LR, BO, ML, CG, TZ, LY, CU, ZW, LR, CI, YE, LS, KH, TG, IQ, MM, SY, IR, BW, SL, GN, AF

US, JP, SY, IQ, IR, KR, BR

EC, JP, DZ, SY, AU, US, PR, SD, KR, MM, LY, IR, IQ, CU, CI, AF

JP, US

US

SG, CA, US, TR, NZ, KP, BR, BE

Cell

IL, SY, TR, LA, AF, YE, VU, UG, IQ, ET, BA, US, KP, JP, IR, CA, BE

IL, SY, TR, LA, AF, YE, VU, UG, IQ, ET, BA, US, KP, JP, IR, CA, BE

BE, SG, CA, US

eToro Markets: essential factors to consider 

eToro can be a volatile market that can pose serious challenges, even for experienced traders. Besides the online educational resources, you can use several other tools to better understand the unique benefits of eToro markets. 

Overall, eToro is considered an industry leader, thanks to its focus on innovation. 

#1 Track record 

The first thing you want to study when selecting a day trading broker is its longevity or track record in the market. It is a crucial element in your trading strategy that can help you avoid significant financial loss. eToro is the leading day trading broker with 12 years of experience on the market and headquarters in Cyrpus and the United Kingdom. 

eToro has several regulations, being supervised by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), the Financial Instruments Directive (MiFID), and the Australian Securities and Investments Commission (ASIC). 

The main competitor of eToro is IC Markets. This broker was established in 2007, having a long track record and its main headquarters in Australia. IC Markets is monitored by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), and the Australian Securities and Investments Commission (ASIC). 

Cell

eToro

IC Markets

Pepperstone

FxPrimus

AxiTrader

Swissquote

Regulation

FCA, CySEC, ASIC, MiFID

ASIC, FSA, CySEC

ASIC, DFSA, FCA, SCB

CySEC, MiFID

FCA, ASIC, DFSA

FCA

Used By

12,000,000+

60,000+

10,000+

10,000+

10,000+

300,000+

Risk

Up to 75% of retail investor accounts lose money when trading CFDs

Losses can be higher than deposits

Up to 79.3% of retail investor accounts lose money when trading CFDs

Losses can be higher than deposits

Losses can be higher than deposits

Losses can be higher than deposits

Negative Balance Protection

Yes

Yes

Yes

No

No

No

Guaranteed Stop Los

No

No

No

No

No

No

Headquarters

Cyprus

UK

Australia

Australia

Cyprus

Australia

Switzerland

Year Founded

2006

2007

2010

2009

2007

1999

#2 Industry 

Another factor to consider when choosing a day trading broker is whether it is at the forefront of innovation. eToro offers more than 1000 trading instruments, an online and mobile platform, and a user-friendly interface for all their services. 

Beyond that, eToro supports several third-party trading platforms, allowing its clients to use distinct markets worldwide. Thanks to its innovation and ability to seek ways to keep their competitive advantage, it is a world-leader broker. 

IC Markets, the main competitor of eToro, provides up to 232 instruments and segregates clients' funds according to law. 

Cell

eToro

IC Markets

Pepperstone

FxPrimus

AxiTrader

Swissquote

Instruments

2000

232

100

130

100

100

Platforms

Web Trader

Mobile Apps

MT4

MT5

ZuluTrade

MirrorTrade

Web Trader

cTrader

Mac

MT4

MT5

ZuluTrade

WebTrader

cTrader

Mac

Mobile Apps

MT4

Mac

Mirror Trader

Web Trader

Mobile Apps

MT4

ZuluTrade

Mac

WebTrader

Mobile Apps

MT4

MT5

ZuluTrade

WebTrader

cTrader

Mobile Apps

Excluded Countries

AN, VG, NI, PR, GT, HN, PY, US, SV, LB, AW, AI, AG, BS, BM, BB, FJ, GD, KZ, MV, MH, BT, MM, HT, TT, LK, UZ, TJ, TM, VI, SG, NP, WS, TW, BN, PK, CI, DJ, GM, LR, SL, TG, NA, SO, TN, RW, BW, ZM, UG, LY, TZ, GH, ET, ZW, SD, CD, GN, RS, MK, MD, AL, BY, IL, TR, SY, JP, CA, BE, KP, IR

NA, SN, GN, KG, KR, GH, AG, NG, GM, AO, NE, LR, BO, ML, CG, TZ, LY, CU, ZW, LR, CI, YE, LS, KH, TG, IQ, MM, SY, IR, BW, SL, GN, AF

US, JP, SY, IQ, IR, KR, BR

EC, JP, DZ, SY, AU, US, PR, SD, KR, MM, LY, IR, IQ, CU, CI, AF

JP, US

US

Forex Pairs

50

65

70

45

100

150

Major Forex Pairs

Yes

Yes

Yes

Yes

Yes

Yes

Exotic Forex Pairs

Yes

Yes

Yes

Yes

Yes

Yes

Cryptocurrencies

Yes

Yes

Yes

No

Yes

No

Commodities

0

19

16

0

20

7

Metals

Yes

Yes

Yes

Yes

Yes

Yes

Energies

Yes

Yes

Yes

Yes

Yes

Yes

Agricultural

Yes

Yes

No

No

Yes

No

Stocks

957

100

60

60

1000

0

UK Shares

Yes

No

No

Yes

Yes

Yes

US Shares

Yes

Yes

No

Yes

Yes

Yes

German Shares

Yes

Yes

Yes

No

Yes

Yes

Japanese Shares

Yes

Yes

No

No

Yes

Yes

#3 Fees and Commissions 

Day trading fees and commissions must be transparent. The top-rated day trading broker is eToro due to the competitive offers for commodities, stocks, CFDs, forex, indices, social trading, and cryptocurrency. This broker has a minimum deposit of $200. 

Another leading day trading broker is IC Markets because it offers CFDs, spread betting, forex, share dealing, and cryptocurrencies. IC Markets has a minimum deposit of $200. 

Cell

eToro

IC Markets

Pepperstone

FxPrimus

AxiTrader

Swissquote

Min. Deposit

200

200

200

100

0

1000

Withdrawal Fee

Yes

No

No

Varies

Varies

No

Inactivity Fee

Yes

No

Yes

No

No

No

Deposit Fee

No

Varies

No

Varies

Varies

No

CFD Commission

No

Yes

Yes

No

Yes

No

#4 Withdrawal and funding 

Convenient withdrawal and funding methods are fundamental for the best trading experience. 

Cell

eToro

IC Markets

Pepperstone

FxPrimus

AxiTrader

Swissquote

Bank Transfer

Yes

Yes

Yes

Yes

Yes

Yes

Credit Cards

Yes

Yes

Yes

Yes

Yes

Yes

PayPal

Yes

Yes

Yes

No

No

No

Skrill

Yes

Yes

Yes

No

No

No

Payoneer

No

No

Yes

Yes

Yes

Yes

Neteller

Yes

Yes

Yes

Yes

Yes

No

#5 Customer support 

Customer support is essential when it comes to day trading. Dealing with brokers and investing can often require several interactions with customer service. These interactions may take the form of training, installation, upgrading, troubleshooting, or even cancelation of service. 

eToro offers reliable customer assistance via phone, email, and live chat. This service is also available in several languages like English, Spanish, German, Italian, and French. 

IC Markets is well recommended for its reliable customer support, available in English, Chinese, Japanese, Afrikans, Polish, Dutch, Danish, German, and several other languages. 

Both day trading brokers let you reach support by phone, email, or chat. 

Cell

eToro

IC Markets

Pepperstone

FxPrimus

AxiTrader

Swissquote

Support

Live Chat

Email Support

Email Support

Live Chat

Email Support

Phone Support

Live Chat

Email Support

Phone Support

Email Support

Phone Support

Live Chat

Email Support

Phone Support

Languages

English

German

Spanish

French

Italian

English

Japanese

Chinese

Polish

Danish

Dutch

Afrikans

German

etc.

English

Spanish

Chinese

Polish

Japanese

Vietnamese

Korean

Arabic

English

Spanish

Indonesian

Vietnamese

Thai

Chinese

Malaysian

Hungarian

English

Spanish

German

Chinese

Japanese

Russian

Romanian

Arabic

English

Italian

German

French

Spanish

Russian

Arabic 

Chinese

Risk

Up to 75% of retail investor accounts lose money when trading CFDs

Losses can be higher than deposits

Up to 79.3% of retail investor accounts lose money when trading CFDs

Losses can be higher than deposits

Losses can be higher than deposits

Losses can be higher than deposits

#7 Regulations 

A broker regulated by leading authorities comes with a lower risk. These regulations will protect clients and ensure the broker offers qualitative services. Also, the broker regulation will minimize fraud and financial harm. 

Broker

eToro

Funding

Bank Transfer

Credit Card

PayPal

Customer Support

Live Chat

Email Support

Platforms

Web Trader

Mobile Apps

Accounts

Standard Account

Islamic Account

VIP Account

Regulations

Financial Conduct Authority (FCA)

Cyprus Securities and Exchange Commission (CySEC)

Markets In Financial Instruments Directive (MiFID)

Australian Securities and Investments Commission (ASIC)

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro. 

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