eToro Review 2026
eToro is one of the best-known names in retail investing, with tens of millions of users worldwide. It is a multi-asset platform — real stocks, ETFs, crypto, and CFDs — but its real signature is social and copy trading, which let beginners mirror the portfolios of experienced investors automatically. The trade-off is cost: eToro is not the cheapest place to invest, and the fees are easy to overlook until you add them up.
Reviewed by Yaniv Barshaf, CPA · Fees verified August 2026 · Our methodology
Disclosure: FeesWizard may earn a commission if you open an account through links on this page. This never affects our fee data or rankings — how we make money.
Our verdict on eToro
eToro is the strongest all-rounder for beginners who want social and copy trading in one easy app — just go in with eyes open on the per-trade and currency-conversion costs.
Get started with eToroeToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. 50% of retail CFD accounts lose money.
Fees
- stock Commission: $1–$2 per side on stock positions (charged on opening and on closing, varies by country of residence); ETFs 0%
- withdrawal: $5 per withdrawal on USD accounts ($30 min); free on GBP/EUR accounts
- inactivity: None (eToro removed the inactivity fee in 2026)
- conversion: ~0.75% FX fee on local-currency (GBP/EUR) accounts; none on USD account trading USD assets
- spread: Spreads on CFDs and crypto
Wondering how your money is protected? Read what happens if a broker goes bust →
Who eToro is best for
eToro suits beginners who value a simple, polished app and the ability to learn by copying others, and investors who want stocks, crypto, and CFDs under one login. It is less suited to cost-sensitive, high-frequency investors, who will pay less elsewhere, and to advanced traders who want professional-grade tools and order routing.
eToro fees in plain English
Real stocks carry a $1–$2 commission per trade depending on your country and the exchange, while ETFs are commission-free. The bigger hidden cost for most users is currency conversion: local-currency accounts (such as GBP or EUR) pay roughly 0.75% to convert into the USD assets eToro lists. Withdrawals cost a flat $5 on USD accounts (free on GBP/EUR accounts), with a $30 minimum. The good news is that eToro removed its monthly inactivity fee in 2026, so dormant accounts no longer bleed money.
Safety and regulation
eToro is regulated across multiple jurisdictions, including the FCA in the UK, CySEC in Europe, and ASIC in Australia. Regulation does not remove investment risk — your capital is still at risk — but it means client funds are subject to oversight and segregation rules in those regions.
How eToro compares on cost
Against low-cost rivals, eToro tends to land in the middle of the pack: cheaper, commission-free platforms like Trading 212 or XTB will save active, cost-focused investors money over a year, while eToro earns its place through copy trading and breadth rather than price. Use our fee calculator to see the real annual difference for how you actually invest.
Our eToro score: 4.6/5
How this is calculated →Computed from the fee data on this page, not assigned by hand. Our commercial relationships are not an input.
- Cost (45% of the score)81/100
Averages 0.08% of the portfolio a year in charges across our three benchmark investors.
- Regulation & protection (20% of the score)100/100
Regulated by FCA, CySEC, ASIC. Tier-one regulators (FCA, BaFin, SEC and equivalents) carry the most weight.
- Market & account breadth (15% of the score)90/100
Covers 4 of the asset classes we price and 1 account type.
- Accessibility (10% of the score)100/100
Minimum deposit £50; supports fractional shares; has mobile app.
- Fee transparency (10% of the score)100/100
Publishes a schedule complete enough to model every charge and charges no inactivity fee.
Pros and cons
eToro
Pros
- +Zero-commission ETF investing
- +Industry-leading copy trading (CopyTrader)
- +Very easy onboarding for beginners
- +Regulated in multiple jurisdictions
Cons
- −$5 withdrawal fee
- −Currency conversion costs for non-USD accounts
- −Limited tools for advanced traders
eToro
Best for beginners and social/copy trading
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. 50% of retail CFD accounts lose money.
eTorofees & safety, in depth
Compare eToro head-to-head
eToro vs alternatives
| Feature | eToro | Lightyear | Trading 212 |
|---|---|---|---|
| Rating | 4.6 / 5 | 5 / 5 | 4.9 / 5 |
| Stock commission | $1–$2 per side on stock positions (charged on opening and on closing, varies by country of residence); ETFs 0% | UK personal accounts (GIA and ISA): no execution fee on UK, US and European stocks or ETFs. EU accounts: GBP 1 per order on UK stocks, EUR 1 per order on EUR-denominated stocks, 0.1% on other European stocks, and 0.10% (min $0.10, max $1) on US stocks. ETFs are execution-fee-free on both. | 0% |
| Withdrawal fee | $5 per withdrawal on USD accounts ($30 min); free on GBP/EUR accounts | Free by local bank transfer. USD wire payments are charged (up to $8.50 UK, $6.11 EU). | Free |
| Inactivity fee | None (eToro removed the inactivity fee in 2026) | None | None |
| Min deposit | $50 | $0 | $1 |
| Fractional shares | Yes | Yes | Yes |
| Demo account | Yes | No | Yes |
| Regulators | FCA, CySEC, ASIC | FCA, EFSA | FCA, CySEC |
Frequently Asked Questions
Is eToro safe and legit?
eToro is regulated by FCA, CySEC, ASIC and has operated since 2007. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. 50% of retail CFD accounts lose money.
What are eToro's fees?
Stock commission: $1–$2 per side on stock positions (charged on opening and on closing, varies by country of residence); ETFs 0%. Withdrawal: $5 per withdrawal on USD accounts ($30 min); free on GBP/EUR accounts. Inactivity: None (eToro removed the inactivity fee in 2026).
What is the minimum deposit for eToro?
The minimum deposit is $50.
eToro
Best for beginners and social/copy trading
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. 50% of retail CFD accounts lose money.