eToro review

Best for Copy Trading

Social trading platform with copy trading features. Trade stocks, ETFs, crypto, and CFDs. Commission-free stock and ETF trading with a Stocks & Shares ISA available.

eToro is a multi-asset trading platform best known for copy trading, which lets you mirror the positions of other users automatically.

That feature defines it. eToro is built for active trading and social features rather than for quietly holding a global index fund for thirty years, and it is a different kind of product from a mainstream UK investment platform.

Who it suits. Traders who want access to a broad range of instruments in one place and are drawn to the social and copy-trading side.

Worth knowing. eToro does not offer a UK stocks and shares ISA in the way domestic platforms do, so UK investors give up the tax wrapper — a significant disadvantage for long-term holdings. Currency conversion and withdrawal charges apply, and the CFD products available alongside ordinary shares carry a high risk of loss. Treat this as a trading account, not a retirement plan.

Pros

Cons