eToro is a broker that can be considered if you are a beginning trader. Its user interface, either on a PC, tablet or smartphone, is quite good, and because it is setup as a social network in which you can follow other users and even copy their trades, it is easy to get to know other traders. However, eToro has many disadvantages. The statistics that are displayed on the page of each user are manipulated heavily by not closing negative trades, and closing positive trades at +0.01. eToro also has quite large spreads, and promotions can only be earned after having performed a huge amount of trades. So for the more experienced trader, it might be better to look at other, more professional brokers. eToro logo