The origins of eToro date back to 2017, when it was launched as a forex trading platform. However, very quickly, the eToro team expanded the platform’s services and products to create a more well-rounded offering.
Today, eToro provides access to commission-free trading CFDs, stocks, commodities, and ETFs and provides access to crypto and options. eToro is truly a multi asset platform that also acts as a crypto exchange.
eToro USA LLC does not offer CFDs, only real Crypto assets available.
However, what makes eToro stand apart from many low-fee trading platforms is its feature set. eToro has incorporated a social media feature, allowing users to check what more experienced traders are buying and selling, creating a feeling of community that is welcoming to both newbies and more experienced traders. This feature is called Copy trading and is actually a form of social trading - you invest your money in companies that other, more popular investors have bought shares of.
There are also automated portfolios, charting, research tools, and cash management features that take this platform to the next level. eToro is available in 140 countries and currently has approximately 20 million users.