eToro Review for investors in Australia: Social Trading & Commission-Free Stocks

Key Features and Benefits of eToro

• Wide Range of Financial Instruments: eToro offers access to various financial instruments with over 2,000 different assets available to trade, eToro provides traders and investors plenty of opportunities to diversify their portfolios.

• Social trading features: One of eToro's unique features is its social trading capabilities, which allow users to follow and copy the trades of other successful traders on the platform. CopyTrading is a valuable mechanism for beginners looking to learn from experienced traders or for busy investors who want to take a more hands-off approach to trading.

• User-friendly interface: eToro's user-friendly interface makes it easy for users to navigate the platform and access the various trading tools and features. Whether you're a beginner or an experienced trader, eToro's intuitive design ensures a smooth user experience.

• Regulated platform: eToro is regulated by reputable financial authorities in multiple jurisdictions, including the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) in Australia, which ensures that the platform adheres to strict security, transparency, and financial stability standards, giving users peace of mind when trading on the platform.

• Education and research tools: eToro offers a range of educational and research tools, including webinars, video tutorials, and market analysis, to help users improve their trading skills.

Depositing Funds at eToro from Australia

There are two things to consider when you deposit funds at eToro (and on any other broker). First, it supports your preferred banking method, and second, it supports the minimum deposit amount.

Here is a list of eToro's depositing methods available to local clients:

• Credit and Debit Cards: These are available for deposits in USD, GBP, EUR, and AUD. It supports Visa, MasterCard, Visa Electron and Maestro. Transactions will appear as 'Etoro' or 'www.etoro.com' in your statement.

• Bank Transfers: Funds will reach your trading account in 4-7 days. Remember to quote the Transaction ID to prevent delays in crediting the funds.

• PayPal: Available for USD, GBP, EUR and AUD deposits. You may use funds in your PayPal account or use the credit/debit card linked to it.

• POLi: Deposit up to AUD 10,000. Registering with POLi is unnecessary, but you must access your online banking account to complete the transaction.

eToro is very accessible regarding the required minimum deposit; the minimum deposit amount required in Australia is 50 US Dollars (Or the equivalent in AUD).

Financial Assets offered by eToro

• Stocks (Including Australian Stocks)

• ETFs

• Cryptocurrencies

• CopyTrading

• Smart Portfolios

eToro's Regulation for Clients in Australia

Since eToro is a multi-asset broker serving millions of users worldwide, it is regulated in the following jurisdictions:

• Australia: eToro AUS Capital Limited (eToro Australia) is regulated by the Australian Securities & Investments Commission ("ASIC") for the provision of financial services and products—Australian Financial Services Licence number: 491139.

Other regulatory agencies include:

• UK: eToro (UK) Ltd is authorised and regulated by the Financial Conduct Authority (FCA)—Firm Reference Number: 583263.

• Seychelles: eToro (Seychelles) Ltd. is licenced by the Financial Services Authority Seychelles ("FSAS") to provide broker-dealer services under the Securities Act 2007, License number: SD076.

• USA: eToro USA LLC is a registered Money Services Business ("MSB ") with the Financial Crimes Enforcement Network (FinCEN) in the United States (registered number: 31000204884179) and holds Money Transmitter Licenses ("MTLs ") in the States where applicable. eToro USA offers a platform for US customers to buy and sell cryptocurrency.

• Gibraltar: The wallet is provided by eToro X Limited (eToroX), a limited liability company incorporated in Gibraltar. eToroX is authorised and regulated by the Gibraltar Financial Services Commission as a distributed ledger technology provider—Financial Services Commission licence No. 1333B.

As you are in Australia, your account falls under ASIC's jurisdiction.

Disclaimer: eToro AUS Capital Limited AFSL 491139. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

eToro AUS Capital Limited ACN 612 791 803 AFSL 491139. Social trading. eToro does not approve or endorse any of the trading accounts customers may choose to copy or follow. Assets held in your name. Capital at risk. See PDS and TMD

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Crypto assets are unregulated & highly speculative. No consumer protection. Capital at risk. May not suffice as basis for investment decision.