eToro is one of the largest multi-asset brokers in the world, known for social trading, with stocks, crypto, ETFs, forex, commodities and indices. It now has a public API, and from today TraderWAI connects to it in beta, on every plan, including Free.
What your AI can do on eToro
- Read your account: available cash, invested amount, open positions and their profit or loss.
- Analyse before acting: charts and candles, and the live eToro price of each instrument.
- Place orders with protection: market orders, and pending orders that trigger at a price, with stop loss and take profit in the same request.
- Manage what is open: move the stop or the target, close the whole position or part of it, and cancel pending orders.
- Track results: closed trades with eToro's own net profit, in your dashboard and per AI.
Every order waits for your authorization, unless you turn on auto-execution for that symbol. Your risk limits apply to every order, whichever AI sends it.
How to connect it
In eToro, go to Settings → Trading → API Key Management:
- Copy the Public key shown there.
- Click Create API key, choose Demo (your virtual portfolio) or Real, and give it Trading Write permission. eToro confirms it with an SMS code.
- Copy the new user key.
Then, in the TraderWAI dashboard, go to Settings → Broker accounts → Add account → eToro, paste both keys and choose Demo or Live to match the key you created.
Important: what you can trade depends on your eToro account
eToro decides what each account can open. Many accounts, especially in Europe, have CFDs blocked by eToro. On those accounts:
- you can buy stocks and crypto without leverage;
- you cannot trade forex, gold, oil or indices, or open short positions (they are CFDs).
TraderWAI checks this with eToro before every order and, if something is not allowed, your AI tells you why instead of failing silently. Only eToro can enable CFDs on an account.
Good to know
- Sizes are in units: 0.001 BTC, 1 share, 1 ounce. When you size by risk, your AI calculates the units for you.
- Minimum stop distance: eToro requires the stop loss to be a minimum percentage of the invested amount away (for example 10% on crypto bought without leverage). If the stop is closer, eToro would move it on its own, so TraderWAI refuses the order and tells your AI the closest level allowed. Use a wider stop and a smaller size for the same risk.
- Minimum position: about 10 USD on stocks and crypto.
- Pending orders trigger at market when the price is touched and cannot be edited: cancel them and place a new one.
- Partial closes work as long as what remains stays above eToro's minimum.
Why beta
We have tested it with real orders on an eToro demo portfolio: opening, stop loss and take profit, partial and full closes, pending orders, cancellations and history. It is new, so we call it beta while more traders use it. If anything does not work as expected, tell us and we will fix it.
Some requests to start
- «What is the cash and the open risk on my eToro account?»
- «Look at Bitcoin on H4 and mark the key levels on the chart.»
- «Buy 500 USD of Apple at market with a stop 12% below.»
- «Close half of my Bitcoin position.»
Is your broker not on the list? You can request it here.