Easy to use app, but fees add up if you’re not careful

Name: Easy to use app, but fees add up if you’re not careful
Item: Etoro
Rating: 4
Author: Farah Al Mansoori

I’m Farah from Abu Dhabi and I’ve been using eToro mainly for FX and a bit of indices. The app is very beginner-friendly and I like how fast it is to check positions and manage risk on the go. Execution has been fine for my swing trades, and the platform feels stable. What keeps it from being a full 5 stars for me is the overall cost structure. Spreads can feel wider during busy news moments, and if you move money in/out or convert, you really need to read the fee schedule because small charges can add up over time. Support was polite when I asked about account verification, but the answers felt a little templated. Overall, it’s convenient and I’m comfortable keeping it as one of my accounts, just not the cheapest option for active forex trading.

Experience: 6 months
Country: United Arab Emirates
Account type: Standard
Deposit experience: 4/5
Withdrawal experience: 3/5
Support rating: 4/5

More reviews of Etoro

Vikram SharmaUnverified

6 months

Clean app and easy to start, but fees need more clarity

I’m Vikram Sharma from Pune and I’ve been using eToro for around 6 months. The onboarding was straightforward and the platform UI feels modern and stable on mobile. I mainly use it for quick chart checks and occasional EUR/USD and gold trades. Depositing was smooth for me and the balance reflected quickly. What I didn’t love is that the fee/spread impact can feel a bit hidden until you’ve done a few trades and compare entry/exit. Customer support answered, but the replies felt templated at first and I had to ask follow-up questions to get a clear explanation. Overall it’s a decent experience for convenience and a clean interface, but I’d like more transparent breakdowns before placing an order and faster, more specific support responses.

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Khalid Al-RashidVerified Review

6 months

Easy to follow markets, but fees need clearer labeling

I’m Khalid from Abu Dhabi and I’ve been using eToro for about 6 months mainly to track FX pairs and a few indices. The platform is very smooth on mobile, price charts load fast, and placing/closing trades feels straightforward even during busy sessions. What I like most is how easy it is to monitor my watchlist and set alerts. My main complaint is that the cost side can be confusing at first. Spreads/overnight fees are there, but I had to dig through menus to fully understand what I was paying on each position. After I got used to it, it’s fine, but the labeling could be more transparent in the trade ticket. Deposits were quick for me and showed up without problems. Withdrawals worked, but it wasn’t instant—more like a couple of business days including verification checks. Support answered, but the replies felt a bit templated until I asked very specific questions. Overall I’d still rate it positively because the UI is clean and the experience is consistent, but I’d like clearer fee breakdowns before opening a trade.

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Mariam QureshiVerified TraderVerified Review

6 months

Easy to start from Sharjah, but fees need clearer labels

I’m Mariam from Sharjah and I opened my account mainly to test the platform with a small amount before committing more. The signup and verification were straightforward and I liked that the interface is clean enough to place trades without digging through menus. My main positive is usability: watchlists, basic charting, and order placement felt beginner-friendly, and I didn’t have to fight the app to find my open positions. Execution was generally fine for my style (I’m not scalping), although during a couple of busy market moments the price I got was a little different than what I expected. What I’d improve is the way costs are explained. I could see spreads/fees, but I had to click around to understand what applies in which situation (especially when switching instruments). Support answered, but the first reply felt scripted and the second message was more helpful. Overall it’s a good experience for someone who values convenience and a simple UI, but I still double-check the cost details before trading bigger size.

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Sanjay SharmaVerified Review

6 months

Easy to use, but I had to learn the fee details

I’m Sanjay from Mumbai and I’ve been using eToro for about 6 months. The app/UI is honestly the biggest plus for me—placing trades and tracking watchlists is straightforward and it feels beginner-friendly. Execution has been fine for my style (mostly small position sizes on major FX pairs and a bit of gold). What kept this from being a perfect score is that I had to spend time understanding the different fees and how they show up in the account. Nothing shocking, but it wasn’t as obvious to me on day one and I prefer more transparency right in the order/confirmation flow. Also, during volatile sessions I noticed spreads can feel wider than I expected. Support was decent when I contacted them with a basic account question. Overall, it’s a solid platform for convenience and usability, but I’m more careful now to double-check total trading costs before entering positions.

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Easy to use app, but fees add up if you’re not careful