Investments

Is eToro broker good? See how it works!

The biggest social trading platform is here! And we will introduce you to everything about it. See how the eToro broker works and start investing in bitcoin, ethereum and more cryptocurrencies!

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eToro broker: trade cryptocurrencies on the largest trading platform in the world!

Logotipo corretora eToro
So how does the eToro broker, the largest trading platform in the world, work? Source: Facebook eToro.

Firstly, the eToro broker was launched in 2007 with the aim of making social trading or trading more accessible to everyone who wants to invest with fewer barriers, as, previously, much depended on traditional financial institutions for this. So, let's get to know it, find out how the eToro brokerage works and, who knows, start investing with it!

So now see the available assets, prices and all the resources offered by eToro so you can decide wisely whether or not it is worth joining and opening an account. 

Logotipo corretora eToro fundo verde letra E com chifres de touro

How to join the eToro broker?

So see how simple and quick it is to join the eToro broker and start trading your assets with confidence and security.

PortfolioAvailable in web and mobile versions
Number of coins30
Exchange rates0% commission (spreads only, inactivity fee and conversion fee for some deposit types). For cryptocurrencies, 1% fixed fee added to market price
Minimum deposit$200
Payment methodsCredit and debit cards, bank transfer, Paypal, Neteller, Skrill, Unionpay

How eToro Broker works: is it good?

Pessoa empilhando moedas, em pilhas crescentes. Representando o lucro possível com a Corretora AvaTrade
After all, what are the benefits of the AvaTrade broker and how does it work? Source: Canva.

The eToro broker works as one of the most famous in the world mainly for providing its clients with an extremely complete and secure trading platform.

In short, in the web and mobile versions, you can trade more than 3000 assets, including the main and most popular cryptocurrencies such as Bitcoin, Ethereum and others.

However, in addition to crypto assets, you have access to shares, raw materials and currencies. 

Although there are inactivity and conversion fees for some deposit types, eToro operates with 0% commissions.

But be aware that, as with every broker, there are spreads in each negotiation, which is basically the difference in value paid between the purchase and sale of an asset. For example, in the case of crypto tranding, there is the fixed fee of 1% added to the market price.

Furthermore, another advantage of this broker is the flexibility of payment methods, which include credit and debit cards, bank transfer, Paypal, Neteller, Skrill and Unionpay.

Furthermore, account opening is free and the minimum deposit to start trading is $200.

Benefits 

  • Account opening is free;
  • Provide demo account;
  • 0% commissions for stocks and ETFs;
  • Competitive spreads;
  • Offers more than 3000 instruments;
  • It has the best and one of the safest social trading platforms on the market;
  • The minimum deposit is low.

Disadvantages

  • On the other hand, it charges a flat fee of 1% added to cryptocurrency trading spreads;
  • Charge inactivity and conversion fees.

How to join the eToro broker?

Finally, if you want a platform with a friendly and simple interface to browse and trade your assets, eToro could be a fantastic option for you. So now see how to join this brokerage.

Logotipo corretora eToro fundo verde letra E com chifres de touro

How to join the eToro broker?

See how simple and quick it is to join the eToro broker and start trading your assets with confidence and security.

About the author  /  Aline Augusto

My name is Aline Mesquita, I'm a writer here on the blog, where I write about finance in general, as well as other topics. I have been working with content creation for 10 years, with a postgraduate degree in Project Management, with expertise in SEO practices, in addition to studying finance, market trends and cryptocurrencies.

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