Do Professional Traders Use eToro?

Written by Mike Druttman

Reviewed by Nadav Zelver

​Yes, professional traders do use eToro, but their usage of the platform depends on their specific trading needs and strategies.​

Professional Client Status

eToro offers a "Professional Client" status for experienced traders who meet certain criteria, such as:

• Executing significant trades regularly
• Possessing a portfolio exceeding €500,000
• Having relevant financial sector experience

This status provides access to higher leverage, including up to 400x for forex and 5x for cryptocurrencies, as well as other benefits like volume-based rebates and exclusive events. ​

CopyTrader

eToro's CopyTrader feature allows users to replicate the trades of seasoned investors, some of whom are professionals with backgrounds in finance, data science, or related fields. These "Popular Investors" often share their strategies and insights, and attract followers who wish to mirror their trading activities.

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eToro can be used by professional traders, particularly those who are interested in social trading and taking advantage of the platform's unique features. But for those requiring more sophisticated tools and extensive research capabilities, I think that other platforms might be more suitable. This will greatly depend on their trading preference and style.