Introduction

eToro has over 30 million traders from over 140 countries that they support with millions of trades executed on average per month via their web-based platform or mobile apps.

The number of their global clients have grown significantly due to the increasing interest of users in the financial markets.

If you would like to know more information about eToro’s traders, then this page has all the information you will need.

Already interested become an eToro trader?

77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Number of eToro Traders

Below are the number of registered users that eToro has attained based on their Q4 2022 Investor Update (March 2023):

Year Registered Users
2008 174,000
2009 425,000
2010 1.1 million
2011 1.9 million
2012 2.5 million
2013 3.3 million
2014 4 million
2015 4.7 million
2016 5.6 million
2017 8.1 million
2018 10 million
2019 12.3 million
2020 17.5 million
2021 26.9 million
2022 31.4 million
eToro registered users from 2008 to 2022

Based on these figures stated, eToro managed to add over a million clients each year and this is most likely due to their increasing popularity.

Experienced Traders

eToro’s copytrader function allows users to view the portfolios of other experienced traders and build their own portfolio by using the wisdom of these skilled users. Users have the option to follow them and copy their trading positions.

Best eToro Traders

Finding the top forex, stock, index, commodity, crypto or ETF traders on eToro can be done in a number of ways. Recommended traders may be viewed according to the following:

  • Editor's Choice
  • Most Copied
  • Trending
  • Long-Term Investors
  • Long-short Investors
  • Multi-strategy Investors

The platform also has a lot of filters so you can customize the list of top traders to copy. Their performance can be filtered according to their return, risk score, Copy AUM and number of copiers.

In addition, it can further be refined using advanced filters such as their profitable trades, number of traders, average position size, daily drawdown, weekly drawdown and country.

eToro CopyTrader feature
eToro CopyTrader feature

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Following a Trader

Similar to what a “follow” means in social networking sites like Facebook and Twitter, following a trader means you will be able to see their updates on your newsfeed so if they post an update or announcement then you will be able to read them since you are subscribed to their posts.

Following a trader on eToro
Following a trader on eToro

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copying Their Positions

With eToro’s copy trading feature, users can replicate the trading activities and strategies of more seasoned and skilled traders who are also using the platform.

Copying starts after you have allocated an amount from your capital which will be used to copy a specific trader so once they open a buy or sell position for a specific asset, that amount of your copy fund will automatically open its equivalent position.

The following are the conditions in order to copy a trader:

  • $200 minimum amount to invest or copy a trader.
  • 100 maximum number of traders can be copied at the same time.
  • $500000 maximum amount can be invested to copy one trader.
  • $1 minimum amount for a copied trade.
Copying a trader on eToro
Copying a trader on eToro

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Contacting an eToro Trader

There is no option in the eToro platform to directly contact a trader or send them a private message. You can however interact with them by posting a comment on the posts from their feeds.

Commenting on an eToro trader's post
Commenting on an eToro trader's post

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Trader’s Insight Widget

Some eToro affiliates and partners are using an “eToro Trader's Insight” widget on their websites. This features the popularity and trend of trades for currencies, commodities and indices. It also has rates of the listed asset’s buy and sell percentage rate based on the data provided by eToro.

Keep in mind that these are not meant to be used as an investment advice.

eToro Trader's Insight widget
eToro Trader's Insight widget

eToro Star Colors Meaning

For traders who are under eToro’s Popular Investor Programme, their profiles are going to have stars and the colors are based on their current levels.

Star Color Popular Investor Level
Blue Cadet
Red Champion
Green Elite
Black Elite Pro
eToro Popular Investor levels and assigned star color on their profiles
eToro Popular Investor star
eToro Popular Investor star

How to See Order of a Trader?

If you want view all the active orders of a specific trader then go to his/her profile and click on “Portfolio”. Via this page, you will be able to see all the open positions and more information including the instrument (market), the position that was opened (buy/sell), the amount invested, the profit or loss rate and the value.

Viewing all orders of an eToro trader
Viewing all orders of an eToro trader

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Take note:
The user might have opened several positions for each asset so you need to click on that asset if you want to see all of the current orders for that underlying instrument.

Viewing all BTC orders of an eToro trader
Viewing all BTC orders of an eToro trader

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Does eToro Allow US Traders?

Yes. eToro is available for US traders who based there as residents. They have already launched the phase 1 of their services in the USA on July 2018 and are already available on a number of states and territories except for American Samoa, Guam, Hawaii and the US Virgin Islands.

Verified eToro traders in the USA
Verified eToro traders in the USA

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Residents from Delaware, Minnesota, New Hampshire, New York, Nevada, Puerto Rico and Tennessee can register for an account but won’t be able to trade for the meantime.

Via this phase, their clients can trade cryptocurrencies on their platform.

How to Become an eToro Trader?

To be an eToro trader, you simply need to open an account and fund it so you can start investing via their platforms. If you're ready to register right now, you can click here and you'll be directed to the sign-up page.

eToro registration page
eToro registration page

Frequently Asked Questions (FAQ)

Can traders from all countries use eToro's platform?
No, traders from some countries may not be able to use eToro's platform due to regulatory restrictions or legal requirements. The availability of this broker's services varies by country, and traders are advised to check the list of supported countries on eToro's website to see if their country is eligible to use the platform.

Does eToro offer any bonuses or promotions for new traders?
No, eToro does not provide any bonuses or promotional offers for new customers as they adhere to regulations that prohibit licensed brokers from offering such incentives to their clients.

Who are the best eToro traders to copy?
eToro has a popular feature called "CopyTrader," which allows traders to automatically copy the trades of other traders on the platform. However, it's important to note that past performance does not guarantee future results, and copying another trader's strategy does not guarantee profitability. Therefore, there is no single answer to the question of who are the best eToro traders to copy. You can check the portfolios of popular traders like Jeppe Kirk Bonde, Olivier Danvel, and Heloise Greeff for a start.

What are the requirements to become an eToro trader?
To become an eToro trader, there are a few requirements that traders must meet. These include:

  1. Age: Traders must be at least 18 years old.
  2. Identity verification: Traders must complete the identity verification process by providing a valid government-issued ID and proof of address.
  3. Minimum deposit: Traders must make a minimum deposit (or the equivalent in their local currency) to start trading on the platform.
  4. Compliance with regulations: Traders must comply with the regulations and laws of their country of residence and the jurisdiction in which they trade.
  5. Understanding of the risks: Traders must acknowledge and understand the risks associated with trading financial products on eToro's platform.

Additionally, eToro may have additional requirements or restrictions for traders based on their country of residence or the type of account they wish to open. It's important for traders to carefully review the terms and conditions and to ensure they meet all of the requirements before opening an account with this broker.

Can I contact an eToro trader via the app or platform?
No, eToro does not offer a direct messaging feature to contact other traders on the platform. However, you can interact with them by posting comments on their feeds or public posts. This allows for a level of interaction and engagement with other traders, while maintaining a level of privacy and security for all users.

How can I be a popular trader on eToro?
To become a popular investor on eToro, you first need to create an account and make a deposit of at least $1,000. Next, you should update your profile with your full name, a clear photo of your face, and a brief biography of at least 150 characters. You should then trade consistently for at least two months and maintain an average risk score of 7 or below for six months. Finally, to attract copiers, you should create a compelling profile that showcases your trading knowledge, expertise, and performance.

How is an eToro trader's risk score determined?
A trader's risk score on the eToro platform is determined using a proprietary algorithm that analyzes the user's historical trading behavior and risk exposure. It is calculated based on several factors, including the trader's open trades, leverage usage, diversification, and historical performance.

Why do I need to be a verified eToro trader?
It is necessary to become a verified trader in order to access a range of features and benefits on the eToro platform. This process also helps ensure that regulatory requirements are met and fraudulent activity is prevented on the platform. By verifying your identity, eToro can confirm that you are a legitimate user of the platform who is using it in accordance with relevant laws and regulations. This provides a level of security and trust for both eToro and its users, ensuring that the platform is being used safely and legally.

Ready to become an eToro trader? The first step to take is to open an account.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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77% of retail investor accounts lose money when trading CFDs with this provider You should consider whether you can afford to take the high risk of losing your money.