United Kingdom
Australia
France
Germany
United Arab Emirates
activeFeaturedBroker
- HQ
- Greenwich
- Fee
- No inactivity on many accounts
eToro
Social investing: copy traders, stocks, and crypto in one feed.
Rate this app
7.4Solid
AlternativesOur take
Desk verdict
A retail broker with a feed. Never describe it as a neobank. Read whether your instrument is a real share or a CFD.
eToro is a social investment platform. Entity and instrument type decide protection. It is here because neobank roundups keep stuffing it into ‘best app’ lists without that sentence.
eToro lists Broker under FCA in United Kingdom. On safeguarding we currently write: FSCS on eligible UK investment firm claims (limits apply) — not a bank deposit. An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 5 live markets on the product. As we score the sticker: monthly No monthly · spreads and CFDs do the work; FX Conversion on non-USD deposits; ATM N/A. This desk would open it for: Retail investors who want copy-trading and a simple app, not DMA plumbing.
What it does well: CopyTrader is unique; Easy onboarding; Crypto + stocks. What to watch: Spreads vs IBKR; CFD vs real-share confusion; Not a bank. Desk score 7.4 / 10 (safety 7.2, fees 6.4, features 8.0, app 8.2). Last verified 2026-08-01. Headquartered in Tel Aviv / London, United Kingdom; founded 2007. None of this is advice — it is a file so you can read the entity before the card colour.
Best for: Retail investors who want copy-trading and a simple app, not DMA plumbing.
Pros
- +CopyTrader is unique
- +Easy onboarding
- +Crypto + stocks
Cons
- −Spreads vs IBKR
- −CFD vs real-share confusion
- −Not a bank
How it actually works
- Custody
- Insured bank deposit
- Local rails
- Faster Payments · Crypto on-ramp
- Built for
- Investing
- Settlement
- App-ledger instant; bank rails per corridor
- Review risk
- Compliance holds on fiat ramps are common
- Pay surface
- No card rail listed
Safety
FSCS on eligible UK investment firm claims (limits apply) — not a bank deposit
- FCABroker · United Kingdom
- CySEC / ASICLocal entities · EEA / Australia
Fees
- Monthly
- No monthly · spreads and CFDs do the work
- FX markup
- Conversion on non-USD deposits
- ATM
- N/A
Features
- –IBAN
- ✓Fee-free core
- ✓Multi-currency
- –Apple Pay
- –Google Pay
- –Virtual card
- –Physical card
- –Metal card
- ✓Crypto
- ✓Stocks
- –Business
- –Kids
- –Halal
- Stocks (real in many markets)
- CopyTrader
- Crypto
- CFDs where legal
- Smart Portfolios
Score
- Safety25%
- 7.2
- Fees20%
- 6.4
- Features15%
- 8.0
- App15%
- 8.2
- Global15%
- 8.0
- Support10%
- 6.6
Change log
Full logNo dated notes yet. When the licence, fees, or status moves, it lands here.
FAQ
Is eToro a bank?+–
eToro is not a licensed deposit-taker in the classic sense. Treat the balance as a fintech ledger until you confirm the holder.
How is money protected?+–
FSCS on eligible UK investment firm claims (limits apply) — not a bank deposit
Where is eToro available?+–
We list 5 market desks on the desk. Residency and onboarding rules still sit with eToro.
Card and wallets?+–
No card rail listed
Ratings and reviews
No published user reviews yet. The desk score still comes from licence, fees, and the product — not from a empty star average.
Alternatives
Full alternatives page
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