eToro review
Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026
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Our verdict
eToro suits readers who want to hold shares, ETFs, crypto, forex and CFDs in one app without paying commission on trades. Costs look light on the standard account, with a stock trade fee of $0 and account fee of $0, though the account fee applies to the virtual portfolio rather than every standard account.
Key facts
- Best for
- One app for shares, ETFs, crypto, forex and CFDs with no trade commission.
- Stock trade fee
- $0 (Source, checked September 26, 2026)
- Account fee
- $0 (Source, checked September 26, 2026)
- Markets
- Stocks, ETFs, Forex, CFDs, Crypto, Futures (Source, checked September 26, 2026)
- Regulators
- Cyprus Securities and Exchange Commission (CySEC), SIPC (Source, checked September 26, 2026)
- Investor protection
- EU ICS up to EUR 20,000 (Source, checked September 26, 2026)
- Account types
- ISA (Source, checked September 26, 2026)
- Legal entity
- eToro (Europe) Ltd (Source, checked September 26, 2026)
- Headquarters
- Cyprus (Source, checked September 26, 2026)
- Founded
- 2007 (Source, checked September 26, 2026)
- Support channels
- Help-centre (Source, checked September 26, 2026)
- Features
- Crypto, Demo account, Fractional shares, Copy trading, Mobile app
- Pricing model
- Commission-free
- Audience
- Beginners
- Official website
- etoro.com
Robo-advisors
- Management fee
- 0% (Source, checked September 26, 2026)
- Minimum investment
- $500 (Source, checked September 26, 2026)
- Regulators
- Cyprus Securities and Exchange Commission (CySEC), SIPC (Source, checked September 26, 2026)
- Investor protection
- EU ICS up to EUR 20,000 (Source, checked September 26, 2026)
- Account types
- ISA (Source, checked September 26, 2026)
- Portfolio types
- ETF, ESG, Cash, Crypto (Source, checked September 26, 2026)
- Legal entity
- eToro (Europe) Ltd (Source, checked September 26, 2026)
- Headquarters
- Cyprus (Source, checked September 26, 2026)
- Founded
- 2007 (Source, checked September 26, 2026)
- Support channels
- Help-centre (Source, checked September 26, 2026)
Pros and cons
Pros
- No commission on share dealing: stock trade fees are $0
- No account fee on the standard dealing account: $0
- Regulated in Cyprus by the Cyprus Securities and Exchange Commission, and a SIPC member in the US
- One account spans stocks, etfs and forex
- Fractional shares and a demo account let you start small and practise before committing money
Cons
- A separate management fee of 0% applies to the managed portfolio service, so headline dealing costs are not the whole bill
- Support runs on help centre only, so there is no stated phone or live chat route for account problems
- The same commission-free model at XTB comes with a stated stock trade fee of €0, so commission alone does not separate the two
Who it suits
- Beginners who want commission-free share dealing plus fractional shares
- Readers who want stocks, ETFs, crypto, forex and CFDs in one place
- Anyone saving in a currency other than US dollars who wants to watch the cost of conversion
Who should look elsewhere
- Readers who want a stated phone or live chat support channel, since support runs on help centre
- Day traders who judge a broker on spreads alone, as no spread figure is listed
- Anyone wanting managed portfolios at no cost, since the management fee is 0%
Where it sits among rivals
On the two measures most readers check first, eToro sits at the very top of the field. Its account fee of $0 puts it in position 1 out of 138 brands ranked on that measure, and its stock trade fee of $0 places it at 1 out of 161. The comparison cuts both ways, though. Plenty of rivals also publish a stock trade fee of €0, so commission-free dealing is no longer unusual, and the same ranking exercise can produce a spread of fees elsewhere in the market. The honest read is that eToro leads on the two headline numbers without being alone in reaching them, and the case for choosing it rests on the rest of the offer rather than on price alone.
What trading costs
Dealing costs sit at the floor of the range. The stock trade fee is $0 and the account fee is $0, which is the level many readers use as the baseline before looking at anything else. That headline does not cover the whole bill, though. The portfolio side of the business is charged separately, with a management fee of 0% attached to managed portfolios, so the cost of the two services should not be read as one number. Nor does a commission-free stock trade fee mean moving money in and out costs nothing: if your balance is not held in the account currency, the conversion rate you are given will shape the result, and it is worth checking it before depositing a large sum. Managed portfolios also have their own entry point, with a minimum investment of $500.
Who runs it
The regulated entity is eToro (Europe) Ltd, based in Cyprus and founded in 2007. In Cyprus the firm is authorised by the Cyprus Securities and Exchange Commission, licence MiCA CASP 213800GIFQMSV7HROS23. In the US it appears on the SIPC member list as SIPC member 70212, which is a membership record rather than a statement of how much cover any single account carries. The two entries together tell you the firm operates under supervision in both jurisdictions, and which scheme applies to you depends on where the account is held. Support is thinner than the licensing: the only channel listed is help centre, so a blocked withdrawal or a disputed trade will be worked through in writing rather than by phone. The entity, its home country and the year it began are worth reading together, because a long operating history and a regulated base say more about stability than any fee figure.
How eToro compares
eToro vs Nexo9.2 vs 9.0
9.2 vs 9.4
9.2 vs 8.7
MarketScreener
9.2 vs 9.4
9.2 vs 8.7
eToro vs DKB (Deutsche Kreditbank)9.2 vs 9.0
eToro vs XTB9.2 vs 9.3Also publishes a stock trade fee of €0, so a reader who shops purely on commission will find little separating the two, and should compare the wider market list instead.
9.2 vs 8.7
eToro vs UNest9.2 vs 8.6
9.2 vs 9.1
9.2 vs 8.7
Kitco
9.2 vs 9.1
9.2 vs 9.1
9.2 vs 9.0
9.2 vs 9.0Pepperstone
Vaulted
wikifolio.com
Intellectia
Winvest
Libertex International
XM VN
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 it cost to buy shares with eToro?+
The stock trade fee is $0, and the account fee is $0. Both sit at the low end of the market, and eToro is ranked at 1 on trade fees and 1 on account fees among the brands compared here. Currency conversion can still apply if your balance is not in the account currency.
Is there an account fee on the standard eToro account?+
The account fee is $0 for the standard dealing account, which is why eToro places at 1 out of 138 brands on that measure. The managed portfolio service is charged differently, at a management fee of 0%, so treat the dealing and portfolio costs as two separate lines.
Who regulates eToro and what protection applies?+
The regulated entity is eToro (Europe) Ltd, registered in Cyprus, and it is authorised in Cyprus by the Cyprus Securities and Exchange Commission under licence MiCA CASP 213800GIFQMSV7HROS23. It also appears on the SIPC member list as SIPC member 70212. The scheme that applies to you depends on which entity holds your account.
What can I actually trade in one eToro account?+
The listed markets are stocks, etfs and forex, so shares, ETFs, forex, CFDs, crypto and futures all sit in the same app. The feature list also includes fractional shares, a demo account, copy trading and a mobile app. Compared with rivals, Vantage covers metals, which does not appear in the eToro list.
Does eToro offer an ISA or a managed portfolio?+
The account type listed is isa, and the portfolio options are etf, esg and cash. Starting a managed portfolio takes a minimum investment of $500, and the portfolio service carries a management fee of 0% on top. The dealing account itself has no account fee at $0.
Can I practise before risking money on eToro?+
Yes, a demo account is listed among the available features, alongside fractional shares, which lets you hold a slice of a share rather than a whole unit. That pairing suits readers testing the mechanics of the app before funding it. Remember the account is aimed primarily at beginners, and the standard dealing account carries an account fee of $0.
How do I get help from eToro if something goes wrong?+
The only support channel listed is help centre, so questions are handled in writing through self service material rather than by phone. There is no phone or live chat option in the published details. If a trade or withdrawal is stuck, that written route is the one to use.
Is eToro cheaper than XTB on share dealing?+
Both show a stock trade fee of $0 and €0 respectively, so commission alone does not separate the two. Look elsewhere: check the account fee, the currency conversion rate offered on your balance, and the market list, since XTB and eToro cover different instruments. Vantage also lists metals, which the eToro market list omits.
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: Investor protection, Regulators, Legal entity, Headquarters
“ae_lei_name=eToro (Europe) Ltd; ae_lei=213800GIFQMSV7HROS23”
- etoro.com checked September 26, 2026
Backs: Markets, Audience, Founded
“Stocks, Crypto, ETFs, Indices, Commodities, Currencies”
- etoro.com/customer-service checked September 26, 2026
Backs: Support channels
“Help Center”
- 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, Pricing model, Stock trade fee, Features, Management fee
“Demo Account”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Minimum deposit, Inactivity fee, Retail accounts that lose money.