Yeah eToro is regulated, not a scam. Just that it's not the usual brokerage, more for social copy trades.
Also interface is very simple and easy to use.

Fees are high, the spread is 0.09% buy/sell. I had eToro but have switched to IBKR.
Imo, if just wanna dabble a bit, not investing too much, eToro is fine. But if doing serious trading, high NAV and frequent trading, better use a full fledge broker which has a huge number of features (order types, margin, options, performance reports, etc etc)