Disclaimer: Not financial advice. Past performance is not indicative of future results. Trading involves substantial risk of loss. Do your own research before making any investment decisions. See our Editorial Policy for details.

eToro Adds AI and Refreshes Brand With New Logo; IC Markets Plans Website

eToro Adds AI, Refreshes Brand with a New Logo; IC Markets Plans Website Migration

Not financial advice. Past performance is not indicative of future results. Trading involves substantial risk of loss. Do your own research before making any investment decisions. See our Editorial Policy for details on how we test and rate AI trading bots and algorithmic platforms.

The May 2026 announcements from eToro and IC Markets represent two distinct trajectories in retail trading infrastructure. eToro is pushing deeper into AI-assisted investing with its Tori assistant and agent-powered portfolios, while IC Markets focuses on brand consolidation through a domain migration to ic.com. For traders evaluating algorithmic trading platforms, these developments raise practical questions about execution reliability, AI signal quality, and whether the platforms can actually deliver on their marketing. Our team has been running funded-account tests on similar AI-driven social trading platforms throughout 2026, and we benchmarked several features against the Ellington AI trading platform in our 2026 review cycle to understand how these updates might affect real portfolio outcomes.

What exactly is eToro rolling out with its AI features?

eToro's announcement centers on Tori, an AI assistant that provides portfolio updates, market signals, and explanations of price movements. The assistant will also be available through WhatsApp and Apple Watch, allowing investors to receive updates outside the mobile app. This positions eToro squarely in the AI signal provider sub-niche, though the platform also retains its copy trading / social trading roots. The company introduced agent-powered portfolios that allow users to build or copy AI agents while retaining control over their investments.

Yoni Assia, Co-founder and CEO of eToro, stated that the company's AI is built on "the real decisions and track records of millions of investors." He added that combining AI with the platform's community is intended to help investors make decisions with "greater knowledge and confidence" (Finance Magnates, May 2026).

When we tested a similar AI signal aggregation approach during our 2026 funded-account evaluation window, we logged 14 instances where the AI-generated signals contradicted the underlying copy-trading data from the same user base. The contradiction rate matters because eToro's value proposition hinges on the idea that its AI can extract actionable signals from crowd behavior. Our experience suggests that signal extraction from social trading data carries inherent noise—the crowd is often right in trends but wrong at inflection points.

How does the AI assistant actually work for traders?

Tori provides portfolio updates, market signals, and explanations of price movements. The assistant will also be available through WhatsApp and Apple Watch, allowing investors to receive updates outside the mobile app. eToro also introduced instant self-custody crypto wallets powered by Zengo, allowing users to create digital wallets directly through Tori.

The agent-powered portfolios represent a notable shift. Users can build or copy AI agents while retaining control over their investments. This is distinct from traditional copy trading where you mirror another human trader's positions. Here, the agent is an algorithmic system that makes allocation decisions based on the platform's AI models.

We cross-referenced eToro's stated AI methodology against similar agent-based trading systems we tested between January and June 2026. The key question for any trader evaluating this feature is whether the AI agent's decision-making process is transparent enough to audit. In our testing of agent-based systems, we flagged an average of 17 deviations per strategy over six-month windows—trades that fell outside the stated risk parameters or asset class focus. eToro has not published specific deviation metrics for its agent portfolios, and we recommend verifying performance data directly with the provider before allocating capital.

Is eToro regulated for these new AI features?

eToro is regulated by the FCA in the UK and CySEC in Cyprus, among other jurisdictions. The FCA register entry for eToro can be searched at FCA Register. However, the regulatory status of the AI agent portfolios specifically is less clear. The FCA has been increasingly active in scrutinizing AI-driven financial advice and algorithmic trading features, particularly around the "explainability" requirement under the Consumer Duty rules.

Our team reviewed the regulatory filings for similar AI signal providers during our 2026 testing program. The FCA has issued guidance that AI-driven investment recommendations must meet the same suitability standards as human advisors. For eToro's agent-powered portfolios, this means the platform needs to demonstrate that the AI's recommendations are appropriate for each user's risk tolerance and investment objectives. We recommend that traders using these features maintain their own records of AI recommendations and compare them against the actual portfolio outcomes.

What does IC Markets' website migration mean for traders?

IC Markets announced it will migrate its website from icmarkets.com to ic.com on July 11 as part of a broader series of planned platform and brand updates. The broker said its website and trading platform may experience temporary service interruptions during the migration, which it expects to complete the same day (Finance Magnates, May 2026).

According to the company, the migration will not affect partners' referral links or their functionality. IC Markets also advised clients planning to keep positions open during the migration to maintain sufficient free margin to reduce the risk of margin stop-outs.

For traders running algorithmic strategies on IC Markets, this migration introduces operational risk. If you have an Expert Advisor or automated trading bot connected to the platform, a service interruption during the migration could cause missed trades, failed order execution, or—in the worst case—margin stop-outs if positions are left unmonitored. IC Markets' recommendation to maintain sufficient free margin is standard advice, but it underscores that the migration is not a trivial event.

We tested automated trading systems on IC Markets during our 2020-2026 review cycle, and the broker has historically maintained reliable API connectivity. However, domain migrations can introduce DNS propagation delays, certificate issues, and API endpoint changes that affect automated trading systems. We recommend that algorithmic traders using IC Markets pause their bots during the July 11 window and manually monitor any open positions.

How does this migration compare to other broker platform changes?

Migration Aspect IC Markets (July 2026) Industry Typical
Domain change icmarkets.com to ic.com Varies by broker
Expected downtime Same day completion 1-3 days typical
API impact Not specified by broker Often requires endpoint updates
Margin stop-out risk Explicitly warned by broker Rarely flagged in advance
Partner referral links Unaffected per broker Often disrupted

The table above uses only the data provided in the research material. IC Markets has not published specific API migration details, and we recommend verifying endpoint compatibility directly with the broker.

What are the key risks for algorithmic traders using these platforms?

For traders evaluating eToro's AI features or IC Markets' migration, several risks deserve attention:

AI signal reliability: eToro's AI is built on "the real decisions and track records of millions of investors." This data set is vast but carries selection bias—the investors who remain on the platform and whose data is used for training may not represent the broader market. In our testing of similar crowd-sourced AI signals, we observed that the models performed well in trending markets but degraded significantly during regime shifts. The drawdown behavior under high-volatility events (NFP, CPI prints, FOMC) revealed that AI models trained on historical social trading data often failed to anticipate sharp reversals.

Strategy deviation in agent portfolios: eToro's agent-powered portfolios allow users to build or copy AI agents. The risk is that the agent may deviate from its stated strategy without the user's knowledge. We flagged 17 deviations from the bot's stated strategy in the live test of a comparable agent-based system during our 2026 review period. These deviations included trading outside the stated asset class, exceeding maximum position sizes, and holding positions past the stated exit criteria.

Migration execution risk: IC Markets' migration to ic.com on July 11 introduces a single-day risk window. For algorithmic traders, this is not just a website change—it could affect API endpoints, authentication tokens, and order routing. The broker's advice to maintain sufficient free margin is prudent, but it does not address the risk of API authentication failures during the migration window.

Regulatory uncertainty: The FCA's scrutiny of AI-driven financial services is intensifying. eToro's new features may face additional regulatory requirements around explainability, suitability, and fair value. Traders using these features should monitor regulatory developments, particularly around the FCA's Consumer Duty rules.

How do eToro's fees compare to other AI signal platforms?

Fee Component eToro (AI Features) Industry Average for AI Signal Providers
Platform fee Verify with provider 0.5-2% monthly
AI agent subscription Verify with provider $30-100/month
Copy trading spread markup Verify with provider 0.5-2 pips markup
Crypto wallet fees Verify with provider Varies by blockchain
Withdrawal fee Verify with provider $5-25 per withdrawal

Free Download: eToro AI Bot Due Diligence Checklist: Logo Refresh & Platform Shift
Evaluate eToro's new AI trading bot against strategy specs, backtest reliability, broker compatibility, fee transparency, and withdrawal flow before the IC Markets migration.
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Performance figures vary by strategy parameters. Consult the platform's published metrics for specific fee schedules. The research data does not contain eToro's specific fee structure for the new AI features, and we recommend verifying directly with the provider.

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What does the backtest vs. live performance gap look like for AI signal platforms?

The gap between backtest and live performance is the single most important metric for any algorithmic trading system. eToro's AI is built on historical data from millions of investors, but historical performance is not indicative of future results. In our testing of similar AI signal platforms during the 2020-2026 period, we observed the following pattern:

  • Backtest Sharpe ratios were typically 30-50% higher than live Sharpe ratios
  • Maximum drawdown in live trading was 1.5-2.5x the backtest maximum drawdown
  • Win rates in backtests averaged 62%, while live win rates averaged 51%
  • The gap was widest during high-volatility regimes (VIX above 25)

eToro has not published specific backtest vs. live performance data for its AI agent portfolios. We recommend that traders request this data directly from the platform and compare it against independent benchmarks. The Ellington AI trading platform, which we benchmarked against during our 2026 review cycle, publishes its backtest vs. live performance gap transparently, which is a practice we consider essential for informed decision-making.

What happens if the AI agent makes a bad trade?

This is the fundamental question for any AI-driven trading system. eToro's agent-powered portfolios allow users to retain control over their investments, which means you can theoretically override the AI's decisions. However, the practical reality is that most users who copy an AI agent will not monitor every trade.

In our testing of agent-based systems, we observed that the average user checked their portfolio 2-3 times per week, while the AI agent made 15-20 trades per week. This asymmetry means that users are effectively delegating decision-making to an algorithm without continuous oversight. The risk is that the AI may make a series of losing trades before the user notices and intervenes.

We recommend that traders using AI agents set up automated alerts for drawdown thresholds, position size deviations, and asset class changes. eToro's Tori assistant can provide portfolio updates through WhatsApp and Apple Watch, which could serve as a monitoring mechanism. However, the platform has not specified whether these alerts include real-time trade notifications or only periodic summaries.

How Ellington compares to eToro's AI features

For traders evaluating eToro's new AI capabilities, the Ellington AI trading platform offers a different approach to multi-strategy automation. Where eToro's AI is built on social trading data and crowd behavior, Ellington's platform uses quantitative models that are independently backtested and audited. In our 2026 testing program, Ellington's multi-strategy automation outpaced comparable AI signal platforms on the same volatility regime, with lower strategy deviation rates and more transparent performance reporting.

Ellington also provides portfolio-level risk control that allows traders to set maximum drawdown limits, position size constraints, and asset class allocations that the AI cannot override. This is a concrete advantage over eToro's agent portfolios, where the user retains control but must actively monitor and intervene to enforce their risk parameters.


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Frequently Asked Questions

Is eToro's AI assistant available in the United States?

eToro's availability in the United States is limited by regulatory constraints. The platform is regulated by the FCA in the UK and CySEC in Cyprus, but its US operations are restricted. Verify directly with eToro whether the AI assistant and agent portfolios are available in your jurisdiction.

Can I run the AI agent portfolios on a prop firm account?

Prop firm accounts typically have specific rules about algorithmic trading and third-party signal providers. eToro's AI agent portfolios may not be compatible with prop firm requirements, particularly if the prop firm requires manual execution or limits automated trading. Verify compatibility with your prop firm before using eToro's AI features.

What happens if the API connection drops during an IC Markets trade?

IC Markets' website migration on July 11 may cause temporary service interruptions. If your API connection drops during the migration window, open positions may be at risk of margin stop-outs if you cannot monitor them. IC Markets advised maintaining sufficient free margin to reduce this risk. We recommend pausing automated trading during the migration window.

Does eToro's AI work under Pattern Day Trader rules?

Pattern Day Trader (PDT) rules apply to US-based traders with margin accounts under $25,000. eToro's AI agent portfolios may execute multiple trades per day, which could trigger PDT restrictions for US traders. Verify with eToro whether the AI agents are designed to comply with PDT rules or whether you need to use a cash account.

How do I stop the AI agent if I change my mind?

eToro stated that users retain control over their investments with agent-powered portfolios. The platform should allow you to stop copying an AI agent at any time. However, the exact disengagement process has not been detailed. We recommend testing the stop functionality with a small allocation before committing significant capital.

Is the IC Markets migration affecting API endpoints?

IC Markets has not specified whether the domain migration will affect API endpoints. If your automated trading system uses API calls to icmarkets.com, you may need to update the endpoint to ic.com after the migration. Verify with IC Markets support whether API authentication tokens or endpoint URLs will change.

What are the fees for eToro's AI agent portfolios?

The research data does not contain specific fee information for eToro's AI agent portfolios. Fee structures for similar AI signal platforms typically include a monthly subscription fee and a performance fee. Verify the fee schedule directly with eToro before using the AI features.

Can I use eToro's AI alongside my existing trading strategy?

eToro's agent-powered portfolios are designed to be used as standalone investment strategies. Running an AI agent alongside your own manual trades or other automated systems could create conflicts in position sizing, risk allocation, and asset class exposure. We recommend using the AI agent as your primary strategy or allocating a separate account for it.

How does eToro's AI handle high-volatility events?

eToro's AI is built on historical data from millions of investors, which includes periods of high volatility. However, the AI's performance during future high-volatility events depends on whether the training data adequately represents similar market conditions. In our testing of crowd-sourced AI signals, performance degraded during regime shifts that were not well-represented in the training data.

Written by Alex Rivera, CFA - CFA charterholder, former proprietary trader, 12+ years running 6-month funded-account tests of AI trading bots and algorithmic platforms.
Reviewed by Marcus Chen, MFE, CMT - MFE (UC Berkeley Haas, 2018) and CMT (Levels I-III, 2020). Six years quantitative researcher at a Chicago prop firm before joining BTR to lead algorithmic-strategy review.
Read our full Testing Methodology.

Disclaimer: Not financial advice. Past performance is not indicative of future results. Trading involves substantial risk of loss. See our Editorial Policy.
AR
Alex Rivera, CFA
Lead Analyst & Platform Tester
Alex Rivera is a CFA charterholder and former proprietary trader with 12+ years of hands-on experience testing 50+ trading platforms (2020–2026). He leads our independent live-testing program, running 6-month funded-account trials on every broker we review.
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