eToro Forex Broker-Full Rating Analysis (v.2) 
eToro Forex Broker General Rating
| eToro RATING SUMMARY | ||
| MAX | ACHIEVED | |
| 1.Reliability | 28.00% | 17.40% |
| 2.Competition | 30.00% | 17.00% |
| 3.Trading-Options | 26.00% | 11.00% |
| 4.Technology | 16.00% | 14.00% |
| Overall Rating | 100.00% | 59.40% |
eToro Analysis Rating
| eToro RATING ANALYSIS | ||||
| TOTAL RATING | 100.0% | eToro Rating | ||
| Weight Analysis | Factor Analysis | 59.40% | ANALYSIS | |
| 1. FOREX BROKER CREDIBILITY | 28.00% | FACTOR-1 ANALYSIS | 17.40% | eToro Reliability Analysis |
| 1.1 eToro Level of Regulation | 12.00% | FSC (BVI)=1.0%, CYSEC=3.0%, CBI=4.0%, ASIC=4.0%, BaFIN=5.0%, FSA (UK)=6.0%, FINMA=8.0% and MiFID=+4.0% | 12.00% | ASIC, CYSEC, CFTC, NFA =max rating |
| 1.2 eToro Headquarters Base | 5.00% | Offshore=0%, Cyprus=2.0%, Ireland, Australia=4.0%, USA, UK, Germany, France, Switzerland=5.0% | 0.00% | British Virginia Islands=0% |
| 1.3 eToro Years in the Market | 4.00% | 0-2 Years=0%, 2-4 Years =1.0%, 5-7 Years=2.0%, 7-10 Years=3.0%, 10+ Years =4.0% | 3.00% | eToro Ltd was found in 2006, 7-10 years =3.0% |
| 1.4 US Traders | 2.00% | Yes=2.0 or No=0 | 0.00% | No US |
| 1.5 eToro Web Ratings (Usage for differentiating results) | 5.00% | 2 Ratings: ForexPeaceArmy Rating=2.5%, EarnForex Rating=2.5% | 2.40% | FPA=2.048, EarnForex=5.5/ 10, Total= 4.798 / 10 = 2.399 / 5 |
| 2. FOREX BROKER COMPETITION | 30.00% | FACTOR-2 ANALYSIS | 17.00% | eToro Competition Analysis |
| 2.1 eToro Offering Spread (EUR/USD) | 12.00% | EUR/USD Spread <0.5=12.0%, <0.6=11.0%, <0.70=10.0%, <0.8=9.0%, <0.9=8.0%, <1.0=7.0%, <1.25=6.0%, <1.50=5.0%, <2.0=4.0%, <2.5=3.0%, <3.0=2.0%, <3.5=1.5%, <4.0=1.0%, >4%=0 | 2.00% | eToro typical EUR/USD Spread is 3.0 pips = 2.0% |
| 2.2 eToro Commissions on Trading | 7.00% | No Commissions=7%, Low Commissions=4%, Low to Medium Commissions=3%, Medium Commissions=2%, Medium to High Commissions=1%, High Commissions=0 | 7.00% | No Commissions charged by eToro |
| 2.3 eToro Commissions on Deposit / Withdrawal | 2.00% | Yes=0 or No=2.0% | 0.00% | Yes, commissions are charged on withdrawals (form $5 to $25) |
| 2.4 eToro Maintenance Fees | 2.00% | Yes=0 or No=2.0% | 2.00% | No Maintance Fees |
| 2.5 eToro Rate of Leverage | 4.00% | 400%+=4.0%, 350%=3.5%, 300%=3.0%, 250%=2.5%, 200%=2.0%, 150%=1.5%, 100%=1.0%, <100%=0% | 4.00% | 400% Leverage = 4.0% |
| 2.6 eToro Customer Service Quality | 3.00% | 24/7=1%, 24/6=0.5%, 24/5=0%, Phone=1.0%. Live Chat=1.0%, Skype=1.0% | 2.00% | Live Chat, Phone, and Customer Service 24/5 = 2.0% |
| 3. FOREX BROKER OPTIONS | 26.00% | FACTOR-3 ANALYSIS | 11.00% | eToro Trading Analysis |
| 3.1 eToro Availbale Forex Currencies | 8.00% | 45+ Currency Pairs=8.0%, 40+ Currency Pairs=7.0%, 35+ Currency Pairs=6.0%, 30+ Currency Pairs=5.0%, 25+ Currency Pairs=4.0%, 20+ Currency Pairs=3.0%, 15+ Currency Pairs=2.0%, 10+ Currency Pairs=1.0%, Less than 10 pairs=0 | 2.00% | 16 Forex Currencies = 2% |
| 3.2 eToro Other Financials Available | 2.00% | Commodities=1.0%, Energy=1.0%, CFD trading=1.0% | 2.00% | Commodities=1% and Indices (CFDs) =1% |
| 3.3 eToro Bonus / Rebate Rate | 8.00% | Bonus / Rebate >40%=8.0%, >35%=7.0%, >30%=6.0%, >25%=5.0% >20%=4.0%, >15%=3.0%, >10%=2.0%, >5%=1.0 | 2.00% | eToro offers Deposit Bonus of 10% |
| 3.4 Scalping Allowance | 1.50% | Yes=1.5% or No=0% | 0.00% | No Scalping |
| 3.5 Hedging Availability | 1.50% | Yes=1.5% or No=0% | 0.00% | No Hedging |
| 3.6 eToro Number of Deposit Methods | 2.50% | For each deposit method available=0,5%, max=5 methods | 2.50% | 5+ Methods = 2.5% |
| 3.7 eToro Number of Withdrawal Methods | 2.50% | For each withdrawal method available=0,5%, max=5 methods | 2.50% | 5 Methods=2.5% |
| 4. FOREX BROKER TECHNOLOGY | 16.00% | FACTOR-4 ANALYSIS | 14.00% | eToro Technological Analysis |
| 4.1 eToro Available Platforms | 5.00% | Each Supported Platform=1%, max=5 | 3.00% | 3 Platforms Available=3% |
| 4.2 API Trading Availability | 1.00% | Yes=1.0 or No=0 | 1.00% | API is available (3d partners) |
| 4.3 Automated Trading (Expert Advisors) | 2.00% | Yes=2.0 or No=0 | 2.00% | Yes (Open Book copy trades) |
| 4.4 eToro Mobile Devices Support | 2.00% | Each Supported Device=0,5% (iPhone, iPad, Android, Windows Mobile, Blackberry), max=4 | 2.00% | Android devices and new iPad, iPod and iPhone Applications |
| 4.5 eToro MT4 / MT5 Availability | 1.00% | Yes=1.0 or No=0 | 1.00% | Yes |
| 4.6 eToro Level of Innovation | 5.00% | High Innovation=5%, Medium Innovation=2.5% | 5.00% | High Innovation (eToro Copy Trades, Mobile Trader, many deposit options etc) |
eToro Rating Analysis
Online Forex (2012)
