eToro offers a wide range of markets and assets, over 1000, making it a versatile broker. You can trade forex, commodities, indices, stocks, ETFs and cryptocurrencies as CFDs as well.
Spreads starting from 1 pip on Forex are in line with the industry average, however it is not uncommon to find brokers with spreads extremely lower than eToro. This factor, coupled with the fact that the broker does not allow techniques such as Hedging, Scalping and Algorithmic Trading, makes it unsuitable for advanced day traders such as scalpers.
The trading platform is user friendly and flexible, making it possible to manually change the display of orders in lots, USD, or contracts, depending on your preference.
Trading online with eToro is a good choice, as it balances some shortcomings with excellent additional services such as copy-trading, social trading, buying stocks, etfs and real cryptocurrencies.
- Good range of markets
- Good number of assets
- Spreads in line with the market