It's probably the best app to hold accounts in multiple currencies, exchanging between them, and paying in multiple countries. Even the free plan offers enough for most use cases and can buy a plan for a short-term if need to transfer larger amounts to keep fees low. It offers many products like savings, crypto, insurance but doesn't seem to do them as well as its core functionality
Reviewed on: 12th April 2024
eToro does not provide actual shares or ETFs, but CFDs, which have higher fees and don't receive dividends. It charges high currency conversion fees, as well as a hefty $5 withdrawal fee. Generally, deposits and withdrawals are cumbersome. Except maybe for crypto, and leverage trading (which is risky) I see no use case that is as good as on other platforms. Interest rate on cash is much lower than competitors. Costumer service is slow
Reviewed on: 12th April 2024
Had the best interest rate for a savings account at some point, not anymore though. Transferring money in and out was not as straightforward as with a regular app, not problematic though
Reviewed on: 12th April 2024
They offer low fee stocks trading, ETFs, as well as money market funds. They offer good but not market leading interest on uninvested funds, in various currencies, and can effectively use it as a multicurrency account work low FX fees. Good real-time stock pricing info and visualisations.
Reviewed on: 12th April 2024
