eToro is a popular Israeli fintech company and a social trading broker, established in 2007. Etoro Recommendations
eToro serves UK customers through an unit controlled by the Financial Conduct Authority (FCA) and Australians through an Australian Securities and Financial Investment Commission (ASIC)- controlled entity. All other consumers are served by a Cypriot system that is regulated by the Cyprus Securities and Exchange Commission (CySEC).
is not listed on any stock exchange, does not disclose its annual report on its website and does not have a bank moms and dad.
Being regulated by the top-tier FCA and ASIC is a great sign for s safety.
Disclaimer: CFDs are intricate instruments and include a high risk of losing money quickly due to leverage. 68% of retail financier accounts lose cash when trading CFDs with this service provider. You need to consider whether you comprehend how CFDs work and whether you can manage to take the high threat of losing your cash.
eToro is a Jack of all Trades in the online investment area, with the broker providing a full range of property types that can be acquired at the click of a button. On top of traditional stocks, ETFs, and thousands of CFD (Contract For Differences) products (CFDs are not offered in the US though)– likewise enables you to buy and sell cryptocurrencies like Bitcoin.
If you are thinking of using I welcome you to read my extensive review. I cover the ins and outs of what you require to understand prior to opening an account– including metrics surrounding policy, charges, commissions, payment techniques, and of course– security.
eToro advantages and disadvantages
offers commission-free stock trading, and the account opening process is fast and smooth. It has innovative functions like social trading, which lets you copy the strategies of other traders.
On the negative side,’s non-trading costs are high as there are costs for withdrawal and inactivity. Withdrawals can be sluggish and USD is the only currency you can hold your money in. Lastly, it’s tough to call client assistance.
How we ranked fees
We ranked fee levels as low, high or average based upon how they compare to those of all examined brokers.
Initially, let’s review some fundamental terms related to broker costs What you require to watch on are trading costs and non-trading charges.
Trading costs occur when you trade. These can be commissions, spreads, funding rates and conversion charges.
Non-trading fees include charges not directly related to trading, like withdrawal costs or lack of exercise costs.
In the areas listed below, you will discover the most relevant costs of o for each property class. For example, when it comes to forex and stock index trading the most crucial charges are spreads, commissions and funding rates.
We also compared s fees with those of 2 similar brokers we chose, XTB and Trading 212. This selection is based upon unbiased elements such as items provided, customer profile, charge structure, etc. See a more detailed rundown of alternatives.
To have a clear summary of o, let’s begin with its trading costs.
Introduced in 2006, is an online broker and trading platform. As a member of the website, you will have access to a full variety of possession classes. In terms of traditional ownership– you can offer and purchase over 800 stocks from a variety of worldwide markets, as can you do with ETFs. is likewise house to thousands of CFD items — consisting of but not restricted to tough metals, energies, indices, interest rates, and currencies.
With that being said, if you’re more thinking about the cryptocurrency side of the platform– the broker provides you the very best of both worlds. This is because you can invest in digital currencies and keep full ownership of the asset, or additionally, trade through CFDs. As I cover in higher depth further down, o does not enable you to withdraw your cryptocurrencies out to a private wallet. Rather, you will need to keep your coins on the platform, making it a much better choice for those who want to benefit from trading rather than hold crypto possessions for the long term.
The online broker is likewise known for its headline commission-free trade offering. This is readily available on cryptocurrencies, ETFs, and stocks– as long as you do not short-sell the possession. You will, of course, require to keep an eye on the spread, which can be rather high at eToro.
eToro trading costs. Etoro Recommendations
Is eToro worth it? eToro trading charges are low.
We know it’s tough to compare trading fees for CFD brokers. How did we approach the problem of making their charges comparable and clear? We compare brokers by determining all the fees of a normal trade for chosen items.
We chose popular instruments within each property class:
Stock index CFDs: SPX and EUSTX50
Stock CFDs: Apple and Vodafone
Forex: EURUSD, GBPUSD, AUDUSD, EURCHF and EURGBP
A typical trade indicates purchasing a leveraged position, holding it for one week and after that selling. For the volume, we chose a $2,000 position for the stock index and stock CFDs and $20,000 for the forex transactions. The leverage we used was:
20:1 for stock index CFDs
5:1 for stock CFDs
30:1 for forex
These catch-all benfees.
Stock and ETF costs
offers zero-commission real stock trading. Since May 2020, this is valid for all nations, but for clients from Australia commission-free trading only applies to United States stocks. Keep in mind that with the totally free feature, you’re purchasing the real stock, not a CFD product, and you can not use leverage.
used to be mostly a CFD broker that let you trade stocks and ETFs also in the form of CFDs, if you set the leverage to greater than one. Etoro Recommendations
Trades that involve stocks not traded in USD (like UK or European stocks) will be converted to USD at the actual market value by without taking any commission or markup. If you trade on the UK market, what’s more will also soak up any tax duty that may be due.