Advertising disclosure: This review contains affiliate links. We earn a commission if you sign up using our link. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
eToro is an online multi-asset investment platform founded in 2007. It is known for social and copy trading, which lets users copy the portfolios of other investors on the platform. It offers stocks, ETFs, crypto and CFDs on forex, indices and commodities, with availability depending on your country. Since 2025 its parent company has been listed on the Nasdaq (ticker: ETOR).
In this 2026 review we look at eToro’s regulation, fees, platform and CopyTrader feature, along with its limitations and risks.
eToro at a glance
| Founded | 2007 |
| Parent company | eToro Group Ltd, listed on Nasdaq (ETOR) |
| Minimum first deposit | Varies by country; check eToro’s website for your region |
| Stock fees | Vary by region and exchange. Other fees apply; see eToro’s fee page |
| EUR/USD spread | Around 1 pip (typical) |
| Crypto fee | 1% to buy or sell (reduced for higher eToro Club tiers) |
| Withdrawal fee | $5 from USD accounts (minimum withdrawal $30) |
| Demo account | Available, with $100,000 in virtual funds |
| Platform | Proprietary web and mobile app (no MT4/MT5) |
| Islamic account | Available |
55% of retail CFD accounts lose money. Your capital is at risk.
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Pros and cons
Pros
- CopyTrader and social trading features
- Publicly listed parent company with published financial reports
- Simple, clean interface
- Stocks, ETFs, crypto and CFDs in one app (availability varies by country)
- Demo account with $100,000 in virtual funds for practice
Cons
- $5 withdrawal fee on USD accounts
- Currency conversion fees if you deposit in a currency other than your account’s base currency
- Spreads are not the tightest for active forex traders
- Overnight fees on leveraged positions
- No MetaTrader 4/5 or cTrader; charting is basic for professionals
- Customer support can be slow for basic account tiers
eToro regulation
eToro operates through several entities, and which one you open an account with depends on where you live. For example, eToro (Europe) Ltd is authorised by CySEC, eToro (UK) Ltd by the FCA, and eToro AUS Capital Limited by ASIC (AFSL 491139). Check which entity your account would be held with before you sign up.
Regulation does not protect you against investment losses. The value of your investments may go up or down, and your capital is at risk.
eToro fees explained
Stocks and ETFs: Fees depend on your country and the exchange. Other fees apply, including FX fees on non-USD deposits and withdrawals. Check eToro’s current fee page for your region.
Forex and CFDs: eToro’s CFD fee is built into the spread. The typical EUR/USD spread is around 1 pip, which is higher than some specialist low-spread forex brokers. Overnight fees apply to leveraged positions held overnight, and are tripled for positions held over the weekend.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Crypto: Buying or selling crypto costs 1%, with discounts for higher eToro Club tiers.
Crypto investments are risky and may not suit retail investors; you could lose your entire investment. Understand the risks here. UK: Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Non-trading fees:
- Deposits: a currency conversion fee applies if you fund in a currency other than your account’s base currency.
- Withdrawals: $5 per withdrawal from a USD account, with a $30 minimum.
- Inactivity: eToro has traditionally charged $10 per month after 12 months with no login. Check eToro’s current fee page for your country.
CopyTrader: how copy trading works on eToro
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk. Past performance is not an indication of future results.
CopyTrader lets you automatically copy the trades of other eToro investors in real time. When they buy or sell, your account does the same, in proportion to the amount you allocate. Copied investors may have different goals, risk appetite or experience from you, and you can lose money copying them.
- Minimum to copy: $200 per investor.
- Copy up to 100 investors at the same time.
- Costs: eToro does not charge a separate CopyTrader fee. Standard trading fees still apply to copied positions.
- Copy stop-loss: a copy closes if it reaches the loss level you set (40% of the amount invested by default). This does not guarantee you will lose no more than that amount.
- Statistics: each investor’s profile shows performance history, risk score, drawdowns and holdings.
Through the Popular Investor programme, eToro makes payments to some investors who are copied by others. eToro also offers Smart Portfolios, which are thematic portfolios (such as technology or renewable energy) put together by eToro.
Tip: Past performance is not an indication of future results. Read an investor’s risk score and history, and never invest more than you can afford to lose.
Trading platform and mobile app
eToro uses its own platform, available on web, iOS and Android, built around a social feed where investors share ideas. The 2026 app redesign added features such as sub-accounts for goals, upgraded charting and an AI assistant. Availability varies by country.
Charting uses TradingView-powered tools. Professional traders who rely on algorithmic trading, Expert Advisors or advanced order types may find the platform limited compared with MetaTrader.
What can you trade on eToro?
Availability depends on your country.
- Stocks: shares from major global exchanges
- ETFs: exchange-traded funds
- Forex: currency pairs (as CFDs)
- Cryptoassets: such as Bitcoin and Ethereum
- Commodities: gold, silver, oil and more (as CFDs)
- Indices: such as the S&P 500, Nasdaq 100 and DAX (as CFDs)
Leverage on CFDs increases both potential gains and losses. Retail leverage limits depend on your region.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Opening an account
- Sign up on eToro with your email.
- Complete identity verification (ID and proof of address).
- Answer the questionnaire about your trading knowledge and experience.
- Deposit funds using one of the payment methods available in your country.
- Practise with the demo account first, or start investing.
You must be 18 or over to open an account.
55% of retail CFD accounts lose money. Your capital is at risk.
Advertisement. We earn a commission if you sign up using our link.
Who might consider eToro?
eToro may suit:
- Investors who want stocks, ETFs and crypto in a single app
- People interested in social and copy-trading features, who understand the risks involved
- Longer-term investors who prefer a simple interface
eToro may not suit:
- High-frequency forex scalpers who need the tightest raw spreads
- Traders who depend on MT4/MT5 or automated trading robots
- Those who withdraw small amounts very frequently (due to the $5 fee)
- Anyone who cannot afford to lose the money they invest
Summary
eToro is a multi-asset platform with social and copy-trading features and a publicly listed parent company. Its spreads, overnight fees and withdrawal fee mean it is not the cheapest option for very active forex traders. Whether it fits you depends on your goals, experience and how much risk you can take. The value of your investments may go up or down, and your capital is at risk.
If you want to see how the platform works before using real money, eToro’s demo account lets you practise with $100,000 in virtual funds.
55% of retail CFD accounts lose money. Your capital is at risk.
Advertisement. We earn a commission if you sign up using our link.
Frequently asked questions
Is eToro regulated?
eToro operates through regulated entities in several regions, including eToro (Europe) Ltd (CySEC), eToro (UK) Ltd (FCA) and eToro AUS Capital Limited (ASIC). Regulation does not protect you against investment losses.
What is eToro’s minimum deposit?
It depends on your country. Check eToro’s website for the current amount in your region.
Does eToro charge fees for copy trading?
eToro does not charge a separate CopyTrader fee, but standard trading fees apply to the positions copied into your account. Copy Trading does not amount to investment advice.
Can I trade forex on eToro?
Forex is offered as CFDs in some regions. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Is eToro suitable for beginners?
eToro has a simple interface and a demo account. However, investing always carries risk, and beginners should understand how each product works and only invest what they can afford to lose.
Information in this review was checked against eToro’s published information as of November 2026. Fees, minimum deposits and features vary by country and can change, so always confirm current terms on eToro’s website before opening an account. This review is for information only and is not investment advice.
Risk warning: eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Crypto investments are risky and may not suit retail investors; you could lose your entire investment. Copy Trading does not amount to investment advice. Past performance is not an indication of future results.