eToro Review
Social Trading Pioneer
0% Commission Stocks
CopyTrader & Smart Portfolios
120+ Crypto + CFDs
eToro at a Glance — Brand Profile & Stats
Who Is eToro?
eToro is a multi-asset investing platform founded in 2007 that pioneered social trading. It now serves 35M+ registered users and listed on the Nasdaq in 2025.
- Social/copy trading leader
- Real stocks, crypto, ETFs & CFDs
- Publicly listed company
Why it matters: eToro invented mainstream copy trading — its scale and Nasdaq listing add a layer of transparency most brokers lack.
Trustpilot & Reputation
★ 4.1 / 5 on Trustpilot from 31,000+ reviews — huge sample size.
- Praised: easy app, copy trading, real stocks
- Criticised: withdrawal times & FX/withdrawal fees
Honest take: With 31k+ reviews the 4.1 score is statistically solid — read complaints about fees and withdrawals before depositing.
What You Can Trade
One of the widest multi-asset menus:
- Real stocks & ETFs — 0% commission
- 120+ cryptocurrencies
- Indices, commodities & FX (CFDs)
- Smart Portfolios (thematic)
Why it matters: Owning real shares at 0% commission — not just CFDs — sets eToro apart from pure forex brokers.
Regulation & Safety
Tier-1 regulated across regions:
- 🇬🇧 FCA · 🇨🇾 CySEC (109/10)
- 🇦🇺 ASIC · EU MiCA crypto licence
- Accepts US clients (stocks & crypto)
Why it matters: Multiple tier-1 licences plus a Nasdaq listing make eToro one of the better-regulated retail platforms.
Platform, Social Trading & Tools
CopyTrader
eToro's signature feature:
- Automatically copy top investors
- Allocate any amount per trader
- Transparent performance stats
Why it matters: CopyTrader lets beginners mirror experienced investors with one click — eToro's biggest differentiator.
Smart Portfolios
Thematic, managed baskets:
- Ready-made theme portfolios
- Diversified, professionally built
- No management fee on many
eToro Platform & App
Built for ease of use:
- Clean web & mobile apps
- Social feed & discussion
- One-tap investing
Tools & Research
Learn & analyse:
- Charts & analyst insights
- $100k demo account
- eToro Academy education
Pros & Cons of eToro
Pros
- Tier-1 FCA, CySEC & ASIC regulation
- 0% commission on real stocks & ETFs (eToro notes a $1 or $2 stock commission in some countries)
- Industry-leading CopyTrader
- 120+ crypto & Smart Portfolios
- 35M+ users · Nasdaq-listed
- Beginner-friendly app
- Accepts US clients (stocks/crypto)
Cons
- Minimum first deposit varies by country — $10 to $10,000, so you cannot know your entry cost until sign-up
- $5 withdrawal fee from a USD account, plus FX conversion on every non-USD deposit
- Crypto fee ~1% per trade
- No MT4 or MT5 — limited charting on eToro’s own platform
- USD-denominated accounts
- CFD leverage lower than offshore brokers
Bottom line: The benchmark for social and copy investing — best for beginners and long-term investors who want real stocks and easy copy trading, less ideal for active MT4 scalpers.
eToro Fees & Pricing
eToro's headline pricing is 0% commission on real stocks and ETFs; it makes money on spreads, crypto fees and non-trading fees.
| Fee | eToro |
|---|---|
| Minimum first deposit | Varies by country: $10 to $10,000 |
| Minimum later deposits | $50, or $500 by wire transfer |
| Real stocks & ETFs | 0% commission, but eToro's fee page notes a $1 or $2 stock commission may apply depending on your country of residence and the exchange |
| Crypto | ~1% per trade |
| Withdrawal | $5 from a USD account, free from a GBP/EUR/DKK local-currency account. Minimum withdrawal $30 from USD, none from local currency |
| Currency conversion | Charged on deposits and withdrawals in a currency other than your account currency. eToro does not publish a single rate: it varies by location, payment method and Club tier |
| Inactivity | eToro's fee page now lists the inactivity fee as Free. Older schedules charged $10/month after 12 months idle, so confirm the current terms for your entity |
Fee figures above are taken from eToro’s own pages — etoro.com/trading/fees/ and etoro.com/customer-service/deposit-faq/ — checked 17 September 2026. Minimum deposits and conversion fees vary by country, so check the figures shown for your own account before funding.
Why it matters: 0% stock commission is genuinely cheap for investors — but the minimum first deposit, the currency conversion fee on every non-USD deposit and the $5 USD-account withdrawal fee are what catch out casual users, and none of them is the same in every country.
eToro vs Trading 212 vs XTB
How does eToro compare with two social/investing rivals?
| Metric | eToro | Trading 212 | XTB |
|---|---|---|---|
| Founded | 2007 | 2004 | 2002 |
| Regulation | FCA, CySEC, ASIC | FCA, CySEC | FCA, CySEC, KNF |
| Copy trading | Yes (best-in-class) | No | No |
| Stock commission | 0% | 0% | 0%* |
| Trustpilot | 4.1/5 | 4.6/5 | 4.2/5 |
Verdict: eToro wins decisively on copy/social trading and crypto range; Trading 212 edges it on Trustpilot and zero-fee investing. Choose eToro for social investing, Trading 212/XTB for pure low-cost stock investing.
Why Choose eToro as Your Trading Partner?
Top eToro Alternatives
Zero-commission investing & ISA. Pick for UK/EU stock investing.
FCA-regulated, great xStation platform. Pick for active investors.
Simple CFD trading, FCA-regulated. Pick for straightforward CFDs. Read the Plus500 review.
Pro-grade global access. Pick for advanced, low-cost investing.
Why Choose eToro
eToro is the benchmark for social and copy investing. Founded in 2007 and now Nasdaq-listed, it lets 35M+ users buy real stocks at 0% commission, hold 120+ cryptcurrencies, and automatically copy top investors — all from one beginner-friendly app, under FCA, CySEC and ASIC regulation.
It is less suited to active MT4 scalpers and charges withdrawal, FX and inactivity fees. But for beginners and long-term investors who value copy trading and real share ownership, eToro is hard to beat.
Restricted Countries
eToro does not onboard clients from sanctioned jurisdictions and certain regulated markets. Typically not accepted:
Availability varies by country; eToro DOES accept US clients for stocks & crypto (CFDs unavailable in the US). Some markets above are not served — verify before signing up. Your capital is at risk.
Video Guides & Reviews
For copy trading, also compare our ZuluTrade and AvaTrade reviews, and for share investing our Moomoo review.
Frequently Asked Questions