Is eToro a safe broker?
How this answer was verified
- Cross-checked against broker-published fact sheets, regulator licensing databases, and ESMA product intervention notices.
- Reviewed by our editorial team (Marcus Weber CFA, Sofia Lindgren FRM, Daniel Ferretti LLM).
- Refreshed quarterly. The most recent verification date is shown above. Read our methodology.
Related questions
eToro vs Plus500 — which is better?
eToro offers social and copy trading, beginner-friendly onboarding, and crypto investing. Plus500 is a focused CFD-only broker with a proprietary WebTrader platform and a listed parent company (Plus500 Ltd on the LSE). eToro has 30+ million users globally. CFDs are complex financial products — 80% of retail CFD accounts lose money when trading CFDs with Plus500.
What is copy trading and is it worth it?
Copy trading is a feature that lets you automatically mirror the trades of experienced traders in real time. It can work for passive investors who lack time to trade manually, but most copy trading accounts still lose money because copiers often chase recent winners and abandon strategies during drawdowns.
Is forex trading legal in the EU?
Yes, forex trading is legal across all EU member states for retail and professional traders. EU-regulated brokers operate under MiFID II and ESMA rules, including mandatory leverage limits (30:1 on majors), negative balance protection, and investor compensation schemes. Spread betting is legal only in the UK and Ireland.