eToro information



Description

eToro is one of the most well known trading exchanges. Trading in cryptocurrency is particularly easy for beginners on eToro. In addition to cryptocurrencies, eToro also offers CFD trading and various social trading functions. For example, you can have successful traders trade for you using CopyTrading.

Usability

eToro is a fully regulated provider with offices around the world. eToro is particularly popular with beginners because of its ease of use and high level of security. The platform is available in German.

Advantages

In addition to the ease of use already mentioned, there is a wealth of deposit and withdrawal options at the provider. The support is quite fast and the issue of liquidity does not seem to be a problem with altcoins either.

Disadvantages

At this point we would like to point out a very particular disclaimer from eToro: 74% of private CFD accounts lose money! You should therefore only trade on eToro or similar services if you have sufficient experience and knowledge.

Questions & answers

We have summarized the most important questions and answers about this provider for you and tried to answer them.

Where can I find information about the eToro fees?

For this purpose, eToro has created a very detailed subpage with information, which you can find at: https://www.etoro.com/de/trading/fees/

Is it possible to pay out via PayPal?

Yes, a payout via PayPal is possible with eToro. However, pay attention to the fees; payout via bank transfer takes longer, but is significantly cheaper.

Which providers can I deposit with?

At eToro you can deposit via bank transfer, credit card, PayPal and many other reputable and well-known providers.

Can you withdraw your Bitcoin at eToro?

Yes, a withdrawal is possible. However, some requirements must be met for this; you will find them described here.

Is there an eToro app?

Yes, eToro offers a very clear app for all common smartphones. All functions of the website are well displayed and easy to use in the app.

Does eToro offer a dividend?

Yes, your account can receive either a credit or a debit when you trade a stock, an ETF, or an index that pays a dividend.

If you hold a BUY position, you will receive the dividend payment on your available account balance. If you hold a SELL position, the dividend payment will be deducted from your available account balance.

If you hold a CFD position, the dividend payment will be reflected in your available balance on the ex-dividend date.
If you hold a position with the real asset, the dividend payment will count towards your available balance on the payment date. You must have held the position two business days before the market closes on the day before the ex-dividend date for the dividend payment to be applied.

Is eToro legitimate?

eToro plays in the premier league of regulated exchanges. Even if a large number of traders lose here, this is not the system, but is due to the market. As one of the few providers in the industry, eToro also attaches great importance to its disclaimer with advertising partners. We can definitely classify eToro as legitimate.

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