eToro review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
eToro suits new investors who want shares, crypto and cash interest in a single app, with an account fee of $0 and a stock trade fee of $0. The catch is the withdrawal fee of $5 flat fee, which makes it a poor fit for anyone moving small sums in and out often.
Key facts
- Best for
- New investors who want shares, crypto and cash interest in a single app.
- Minimum deposit
- $1 to $10,000↗
- Stock trade fee
- $0↗
- Account fee
- $0↗
- Markets
- Stocks, ETFs, Forex, CFDs, Crypto, Futures↗
- Regulators
- Cyprus Securities and Exchange Commission (CySEC), SIPC↗
- Investor protection
- EU ICS up to EUR 20,000↗
- Account types
- ISA↗
- Legal entity
- eToro (Europe) Ltd↗
- Headquarters
- Cyprus↗
- Founded
- 2007↗
- Support channels
- Help-centre↗
- Features
- Crypto, Demo account, Fractional shares, Copy trading, Mobile app
- Pricing model
- Commission-free
- Audience
- Beginners
- Official website
- etoro.com
Crypto exchanges
Savings
Pros and cons
Pros
- Interest on the USD cash balance pays 3.8% on a variable basis, calculated daily and paid monthly, and withdrawals are allowed at any time.
- Regulated by Cyprus Securities and Exchange Commission (CySEC) and SIPC, with client asset protection of EU ICS up to EUR 20,000 and deposit protection of EU DGS up to EUR 100,000.
- Minimum deposit $1 to $10,000 and minimum portfolio investment $500 keep the starting point low, and fractional shares are among the listed features.
- A tax-sheltered ISA is available, listed among the isa on offer, alongside portfolio types covering etf, esg and cash.
- Markets reach stocks, etfs and forex and derivatives are available, so shares, forex, crypto and futures sit in a single account.
Cons
- Withdrawal costs $5 flat fee each time, which makes small, regular transfers expensive next to the $0 stock trade fee.
- Client asset protection of EU ICS up to EUR 20,000 sits well below deposit protection of EU DGS up to EUR 100,000, so a large share portfolio can outrun the cover.
- Taker fee 1% sits above the 0.25% median, which matters for anyone trading crypto often rather than holding.
- Support runs through help centre, so phone and chat are not part of the offering.
Who it suits
- New investors, since the audience is listed as beginners and the minimum deposit is $1 to $10,000.
- Investors who want cash and markets together, with USD balance interest at 3.8% alongside stocks, etfs and forex.
- UK savers who want a tax wrapper, since an ISA sits among the isa on offer.
Who should look elsewhere
- bunq, which covers stocks, etfs and crypto and suits anyone who wants shares, ETFs and crypto and can set derivatives aside.
- CFI, for readers who want stocks, etfs and forex and can leave futures aside; eToro is the wider of the two.
- Fiesta Credito MX, which answers to CONDUSEF rather than Cyprus Securities and Exchange Commission (CySEC) and SIPC, for readers trading outside those markets.
Rates and card terms
The paid feature is interest on the USD cash balance, which pays 3.8% on a variable basis. Access is straightforward: interest is calculated daily and paid monthly, there is no lock-in, and withdrawals are allowed at any time, with the balance held in the cash management category so it stays reachable. Because the rate is variable it tracks policy rates and can move down, which makes it a convenience rather than a fixed return. Costs elsewhere are thin: account fee $0, monthly fee $0, stock trade fee $0 under a commission-free model, and a management fee of 0% on managed portfolios. The charge worth budgeting for is the withdrawal fee of $5 flat fee, which bites hardest on small, regular withdrawals. Crypto is priced apart from shares, with a taker fee of 1% and from 150 coins listed.
Opening and funding
Opening is inexpensive. The minimum deposit is $1 to $10,000 and the minimum portfolio investment is $500, so an account can be opened and tested without a large commitment. The account sits in the cash management category, which suits money that has to stay available, and a tax-sheltered ISA appears among the isa on offer. Funding runs through card and bank, and the portfolio types available are etf, esg and cash. Cash sitting alongside investments still pays 3.8%, calculated daily and paid monthly, with withdrawals allowed at any time. The cost to plan around is the withdrawal fee of $5 flat fee, which applies to every transfer out of the account.
How it compares on our data
Against the brands we track, eToro ranks 1 out of 142 on account fee, at $0, and 1 out of 166 on stock trade fee, at $0. Both measures sit at the free end of the field: the median account fee across the site is €0 and the median stock trade fee is €0, so free pricing is the norm here rather than the exception. The pattern does not carry everywhere. The taker fee of 1% sits above the 0.25% median, and the headline rate of 3.8% beats the 3% median but is variable, so it can drift. Withdrawal costs of $5 flat fee are the item that costs real money on a small balance.
How eToro compares
9.2 vs 9.4
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eToro vs ActivTrades9.2 vs 9.4
eToro vs XTB9.2 vs 9.3
9.2 vs 8.7
9.2 vs 8.7
eToro vs UNest9.2 vs 8.6
eToro vs Mintos9.2 vs 9.2
9.2 vs 9.2
9.2 vs 9.0
9.2 vs 9.2
9.2 vs 9.2
9.2 vs 9.2
9.2 vs 9.1
9.2 vs 9.0
9.2 vs 9.0
eToro vs EBC Financial Group9.2 vs 9.0
9.2 vs 9.0
9.2 vs 8.8
- eToro vs Airwallex
- eToro vs ActivTrades
- eToro vs XTB
- eToro vs Finom
- eToro vs DKB
- eToro vs Gemini
- eToro vs UNest
- eToro vs Qonto
- eToro vs AXI Card Tarjeta y Credito
- eToro vs Mintos
- eToro vs Bitpanda
- eToro vs Bitget (Trading Bots)
- eToro vs Independent Reserve
- eToro vs AU Small Finance Bank
- eToro vs S Broker
- eToro vs Revolut
- eToro vs Monzo
- eToro vs EBC Financial Group
- eToro vs Lightyear
Where eToro is available
- Available
- Everywhere except United States
- Licence in Cyprus
- Cyprus Securities and Exchange Commission (CySEC) (MiCA CASP 213800GIFQMSV7HROS23), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Greece, Spain, Finland, France, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
- Licence in United States
- SIPC (SIPC member 70212), checked September 26, 2026
Frequently asked questions
What does eToro charge to open and run an account?+
The account fee is $0 and the monthly fee is $0, so the account costs nothing to hold. Stock trades are charged at $0 and the platform describes itself as commission-free. Managed portfolios carry a management fee of 0%. Money moving out is the exception, at $5 flat fee per withdrawal.
Is my money protected at eToro?+
eToro is regulated by Cyprus Securities and Exchange Commission (CySEC) and SIPC. Client assets sit under investor protection of EU ICS up to EUR 20,000, while cash deposits are covered by a separate scheme at EU DGS up to EUR 100,000. These ceilings are very different, so anyone holding a large share portfolio should treat the lower figure as the real limit on recovery.
How much interest do I get on cash left at eToro?+
Interest is paid on the USD cash balance at a headline rate of 3.8%. The rate type is variable, so the return follows policy rates rather than staying locked in. Access is easy: interest is calculated daily and paid monthly, there is no lock-in, and withdrawals are allowed at any time.
What is the smallest amount I can start with?+
The minimum deposit is $1 to $10,000, so opening and testing an account is cheap. Managed portfolios ask for more, with a minimum investment of $500. Fractional shares are among the listed features, which lets a small balance hold a full share. The withdrawal fee of $5 flat fee is still worth watching on small sums.
How do I deposit and withdraw money at eToro?+
Deposits run through card and bank. Withdrawals are allowed at any time and carry no lock-in, but each one costs $5 flat fee. On a small balance that flat charge matters more than the $0 charged on a share trade, so frequent transfers work out expensive.
What markets can I trade on eToro?+
The platform covers stocks, etfs and forex, so shares, ETFs, forex, CFDs, crypto and futures sit in a single account, and derivatives are available. CFI covers a similar set through stocks, etfs and forex, while bunq lists the shorter stocks, etfs and crypto. eToro is the widest of those.
What does trading crypto on eToro cost?+
Crypto runs on a cex exchange with a taker fee of 1%, above the 0.25% median across the site, and from 150 coins are listed. Custody is custodial, so the platform holds the coins. Trading rather than holding is where the cost bites.
What account types and help does eToro offer?+
A tax-sheltered ISA is available, listed among the isa on offer. The platform also runs a mobile app and a demo account among its listed features, and the crypto wallet is mobile. Support runs through help centre, so help is self-service rather than a phone line.
Sources
- sipc.org/list-of-members checked September 26, 2026
Backs: Licences
- esma.europa.eu/sites/default/files/2024-12/CASPS.csv checked September 26, 2026
Backs: Headquarters, Investor protection, Legal entity, Regulators
“ae_homeMemberState=CY”
- brokerchooser.com/broker-reviews/etoro-review/etoro-fees checked September 26, 2026
Backs: Withdrawal fee
“withdrawal fee at eToro is a flat $5 per transaction”
- cryptoninjas.net/exchange/etoro-review checked September 26, 2026
Backs: Fiat deposit methods, Taker fee
“Deposit Methods: Credit cards, Bank Transfers - retail account funding”
- etoro.com checked September 26, 2026
Backs: Audience, Founded, Markets
“Since 2007”
- etoro.com/crypto checked September 26, 2026
Backs: Coins listed, Exchange type
“150+ cryptoassets on a regulated platform - default retail crypto product”
- etoro.com/crypto/wallet checked September 26, 2026
Backs: Custody, Wallet type
“Crypto on etoro”
- etoro.com/investing/interest-on-balance checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Minimum deposit, Monthly fee, Rate type
“Your funds remain fully accessible to withdraw at any time you wish”
- etoro.com/investing/isa checked September 26, 2026
Backs: Account types
“The etoro ISA, powered by Moneyfarm, brings you an award-winning ISA product”
- etoro.com/investing/portfolios checked September 26, 2026
Backs: Minimum investment, Portfolio types
“we've priced them starting at only $500 for the initial investment”
- etoro.com/trading/fees checked September 26, 2026
Backs: Account fee, Deposit protection, Derivatives, Features, Management fee, Pricing model, Stock trade fee, Support channels
“CFD Trading - retail CFD product”
Compiled from 11 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Inactivity fee, Retail accounts that lose money.