eToro Options Trading

eToro Options Trading

Simple zero-commission trading

859 ratings
54 reviews

Archived App

This is an archived listing of the app previously available on the App Store.

Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.

Details

  • Released
  • Updated
  • April 22, 2018
  • May 7, 2024

Features

eToro Options Trading screenshot #1 for iPhone
eToro Options Trading screenshot #2 for iPhone
eToro Options Trading screenshot #3 for iPhone
eToro Options Trading screenshot #4 for iPhone
eToro Options Trading screenshot #5 for iPhone
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About

This app simplifies options trading by removing commissions and fees, making it accessible to a wider audience. It also offers a high-interest cash program for your balance and allows you to share trading activity with friends.

Zero-commission options trading
High-interest cash program
Social trading features
Draft trading tools
Research and news
Low starting deposit
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What users say

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What's New in eToro Options Trading

4.5.5

May 7, 2024

Bug Fixes and Optimization

User reviews

Simple to use but buggy

I’ve loved the simple set up process of the app but it keeps showing a negative cash balance even though it doesn’t apply. The pending balance is also an amount that I don’t understand. These inaccuracies have made it harder to know what balances and purchasing power I actually have.

Can we also get this and the eToro stock app with dark mode? 🫶
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Not great for fast order entry/execution

There are way too many screens to scroll through to get to order entry.
Ticker->Option Type->Expiration->Order type.
Then if you choose limit order you have to use a scroll or tap mechanic to enter your execution price. Not ideal if the price you want is further away from current bid/ask, especially lower because it seems price choices are limited.
By the time you finally get everything entered prices may have changed for better or worse.
So far I’ve noticed folks are fairly slow as well. If these things aren’t a dealbreaker then this app is straight forward enough to use but otherwise I’d go with a different brokerage app
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Good for the basics

After a week or so using. The app is definitely glitchy. When you click on a stock and view it’s price, the price is always glitched to where you can barley read it and the app does crash quite frequently when trying to navigate thru selections. A little hard to navigate as well but other than that, it’s solid. Gets the job done but would not recommend for new option traders.
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Response from developer

Hi JB0927x, thanks so much for the feedback, we've relayed this to our product team. We welcome any other comments or suggestions you may have! You can send them to us at support@trygatsby.com - we're here if you need us!

¯\_(ツ)_/¯

Pretty Disappointed. its okay for those brand new to options. i thought that a platform with solely option trading abilities would be really cool but this app is super slow to place trades. Too many screens, the way you select the date and strike on a different screen is pretty annoying. Why dont you just display a chain?? Thats the best way to view options. Takes way too long to scalp or make lots of trades. The scroll to find your limit price is absolute trash!! Cost me a lot of money today fumbling through orders. There needs to be a quicker way to place these trades somehow for me to want to stay. Just deposited and I think I might withdraw before I make my first trade.
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Response from developer

Hi Cbryan14, thanks so much for the feedback, we've relayed this to our product team. In an effort to simplify the options trading experience, Gatsby has avoided showing options chains. That said, please don't hesitate to reach out to our support team if there's a specific feature you'd like in the app at support@trygatsby.com - here if you need us!

Good app but be careful

It’s a good app to trade options on but of course your not going to get the best fills at times. It also has a HUGE problem with it bugging out and not picking the correct contract You want to get into, for example today I wanted to enter a contract for next week expiration which I picked, but once I went to buy,it had changed the expiration on me to same day and made me lose some money just because the app bugged out and decided to pick a expiration I didn’t even choose
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Response from developer

Hi, we are sorry that you're having issues with the app. Can you write to us at support@trygatsby.com? We'll be happy to look into this for you!

Developer apps

User experience

🐞

Reported Bugs

4 issues

Incorrect contract selection

Bug

Pricing issues and poor fills

Bug

Frequent app crashes

Bug

Compatibility issues

Bug

Requested Features

4 requests

Dark mode option

Feature

Credit spreads

Feature

Options rolling

Feature

Display daily high/low and volume

Feature

FAQ

What is eToro Options Trading?

eToro Options Trading is a mobile application designed to make options trading more accessible by removing commissions, contract fees, and jargon. It allows users to trade options, earn interest on their cash balance, and connect with a community of traders.

What are the key features of eToro Options Trading?

Key features include zero-commission options trading, a High Interest Cash Program that pays interest on your cash balance with monthly payouts, and social trading capabilities allowing you to see and learn from what friends are trading. It also provides tools for drafting trades, research, and news.

How much does eToro Options Trading cost?

The app itself is free to download and use for trading. However, there is a $2 monthly operational fee for the High Interest Cash Program. While trading is commission-free, SEC & FINRA fees may still apply to options trades, and regulatory fees are also applicable.

Is eToro Options Trading available on all devices?

The description does not specify compatibility with different operating systems. However, as a mobile application, it is typically available for download on major smartphone platforms like iOS and Android.

Who is eToro Options Trading for?

This app is designed for individuals who are interested in options trading but may have been deterred by high fees or complexity. It's also suitable for those looking to earn interest on their uninvested cash and engage with a community of traders for learning and inspiration.