eToro crypto exchange app review – best user ratings on trustpilot 2024, compiled here. This company founded in 2007 has become an amazing option for millions of people. The company is growing rapidly due to their outstanding services. Today, it is an option for both beginners and expert traders.
In this article, we are going to talk about eToro crypto exchange app review -best user ratings on trustpilot. We have captured topics such as the trading experience, cryptocurrency available, customer support, countries available, and more. We have also looked keenly on trustpilot reviews as follows. Let’s dig in.
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Table of Contents
Trustpilot reviews
Trustpilot is one of the popular online review platforms with millions of users sharing their views. We went on and checked the reviews from individuals who have used the eToro crypto trading app. The overall rating of this company in trustpilot is 4.2 out of 5 stars. Those reviews are from about 24,900 individuals. It is quite impressive since attaining such a rating from that number isn’t easy.
A good number of individuals have shared their experiences. A good number have talked about the impressive customer support from this company. Additionally, others have been impressed with the unique tools available on the platform. Though there are also a few negative reviews, eToro has made an effort to answer some of the complaints. Generally, the ratings and reviews on trustpilot are quite good.
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Trading experience
The trading experience of this crypto exchange app is wonderful. The registration process is quite easy, and straightforward. You can sign up using their website. You can register using your name, email address, and password.
You will also be required to verify your identity using the government issued ID. Once you are done, you can trade using their site or download their application for quick access. They have application for both android and iOS devices.
eToro fees
This company has a friendly trading fee to its customers. Apparently, one will be required to pay a 1% flat rate that varies depending on the assets purchased. In addition to the trading fee, there is an inactive fee of $10 monthly. The fee applies when a user hasn’t logged into their account for more than 12 months. eToro crypto exchange does not charge a subscription or maintenance fee.
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Deposit and withdrawal fee
eToro crypto exchange will not charge anything to customers who use fiat currencies. However, there is conversion fee on non-USD fiat which are automatically converted into USD when one makes a deposit.
When it comes to withdraw, the gold and silver members are subjected to a fee of $5 alongside the conversion fee. Additionally, the platinum, platinum+, and diamond users won’t be subjected to any withdrawal fee on non-USD currencies.
Cryptocurrency available
The types of cryptocurrencies available are very important to any trader. We had to talk about the topic in our eToro crypto exchange app review. This platform has more than 70 cryptocurrencies.
Some of the cryptocurrencies are bitcoin, Ethereum, solana, Litecoin, stellar, XRP, flare, and more. Those are some of the examples of the cryptocurrencies available in eToro crypto exchange. Therefore, you might find some of the main cryptocurrencies that are mostly needed.
Security and safety
This company has a variety of security measures to help in preventing unauthorized access and fraud. First of all, this company is licensed and legal in the countries it’s operating from.
eToro crypto exchange is compliant with various regulatory authorities. Therefore, this company operates within the requirements making it transparent and reliable. Some of the security measures they have put in place including, the two factor authentication. They also monitor any suspicious activities across their users accounts.
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Customer support
The customer support of this company has impressed many users. The company has a variety of ways to assist their customers. Apparently, we have eToro help center where you’ll access the most commonly asked questions.
They have also provided helpful answers to those questions. Moreover, you can open a support ticket on their website. The platform also has an email address and social media accounts. You can find the company on the following contact details.
Website: www.etoro.com
Email: support@etoro.com
Telephone: 1-888-271-8365
Countries available
It is available in more than 60 countries worldwide. It is available in countries such as Singapore, Portugal, United Kingdom, United States, Italy, Spain, Israel, Seychelles, Germany, Finland, Argentina, Brazil, Colombia, Croatia, Kuwait, Denmark, Dominican republic, Hungary, Iceland, and more. As you can see, this platform has dominated in European countries. Apparently, it has not secured a place in many African countries.
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Bonuses and promotions
eToro has many ways of rewarding it’s users. The new users can get a deposit bonus of $10 from $100. However, the bonuses are available for a selected number of users. Additionally, we have the referral program on this platform.
The referral program is available for US and UK users. The US users may get a referral amount of about $ 30 for both the referrer and referee. In the UK, the referer will get about $50. You can simply use the referral link that will be generated by the company, to start earning those bonuses. Apparently, 45 states in the USA are liable to receive sign up bonuses. One is required to claim the bonus within 30 days after signing in.
Pros and cons
Here are some of the positives and negatives that one can expect while using eToro crypto exchange app.
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Pros
- Users from the USA are given free $10 crypto deposits on their first deposit.
- Advanced tools for trading.
- The platform is user friendly
- It has analytics tools.
- Free demo account worth $100,000
- Various security measures in place
Cons
- They charge an inactive fee of $10.
Final verdict
This company is one of the most popular platforms across different countries. You can also see that this platform has good reviews on trustpilot. For instance, we have many crypto trading apps that have received poor reviews. Some of the crypto trading companies have a review of even less than 3 out of 5. eToro has a rating of more than 4.5 which is quite impressive.