eToro review 2026: fees, features, and verdict

Last verified: 2026-03-22

Quick summary

eToro is a social trading platform that lets you trade stocks, ETFs, and crypto while copying the strategies of other investors. It is well suited for beginners who want a simple, all-in-one investing experience with social features, but its fees are no longer the lowest on the market. Available in 30 European countries, it is regulated by CySEC in Cyprus and the FCA in the United Kingdom.

Quick overview

Feature	Details
Founded	2007
Headquarters	Israel
Regulation	CySEC (Cyprus), FCA (United Kingdom)
Stock trading fee	$1 to $2 per trade
ETF commission	0%
Crypto trading fee	1% per trade
Minimum deposit	Varies by country (typically $50 to $200)
Withdrawal fee	$5
Inactivity fee	$10/month after 12 months
European countries	30
Regulatory score (Capmap)	6 / 10

Overview

eToro was founded in 2007 in Tel Aviv, Israel, and has grown into one of the most recognised trading platforms in Europe with over 30 million registered users. The platform is best known for its social trading features, particularly CopyTrader, which lets you automatically replicate the trades of other investors on the platform.

For European clients, eToro is operated by eToro (Europe) Ltd, which is regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 109/10. UK clients are served by eToro (UK) Ltd, authorised by the Financial Conduct Authority (FCA). The platform is available in 30 European countries, including the Netherlands, Germany, France, Spain, Italy, and Sweden.

In early 2026, eToro acquired FreeNow as part of its expansion strategy across Europe, a move that boosted investor sentiment and saw the company's stock (NASDAQ: ETOR) rise significantly. The platform also signed a Formula One sponsorship deal with BWT Alpine for the 2026 season, further raising its profile among European consumers.

Fees

eToro's fee structure has changed over the years. Stock trading is no longer zero-commission for most European users. As of 2026, expect to pay a flat fee of $1 to $2 per stock trade, depending on your country of residence and the exchange where the stock is listed.

ETF trading remains commission-free, which is a strong point for passive investors building diversified portfolios. Crypto trading carries a flat 1% fee, charged separately from the spread since mid-2025 for greater transparency.

Fee type	Amount
Stock trading	$1 to $2 per trade
ETF trading	0% commission
Crypto buy/sell	1% per trade
Currency conversion	Varies (applies to non-USD deposits)
Withdrawal	$5 per withdrawal
Inactivity	$10/month after 12 months of no login
Cash interest (EU)	Up to 3.55% on idle USD balances

One important cost to keep in mind is the currency conversion fee. Since eToro accounts are denominated in USD, any deposit in EUR, GBP, or another currency will be converted, and a fee is applied. This is one of the more commonly cited hidden costs. The platform accepts bank transfers, credit cards, PayPal, and iDEAL (for Dutch users).

Features

eToro's core appeal lies in its social and copy trading features. Here is what the platform offers:

CopyTrader: Automatically replicate the portfolio and trades of other users. You can browse Popular Investors by their risk score, return history, and strategy. This is eToro's most distinctive feature and sets it apart from traditional brokers.

Social feed: A news feed similar to social media where traders share analysis, market commentary, and portfolio updates. Useful for beginners who want to learn from more experienced investors.

Multi-asset platform: Trade stocks, ETFs, crypto, CFDs, commodities, and currencies all from a single account. This makes eToro convenient if you want everything in one place rather than using separate brokers for different asset classes.

Crypto staking: eToro supports staking on select cryptocurrencies, allowing you to earn rewards on holdings. The platform supports approximately 80 cryptocurrencies.

Security: Two-factor authentication (2FA), cold storage for crypto assets, and insurance coverage for eligible assets. The platform also offers a Club tier system where higher balances unlock perks such as better interest rates on idle cash.

Deposit methods: Bank transfer, credit card, PayPal, and iDEAL. Support for EUR, GBP, and USD.

Pros and cons

Pros

• CopyTrader is a unique and well-executed social trading feature, particularly useful for beginners who want to learn by following experienced investors.
• Commission-free ETF trading across all European markets keeps costs low for passive investors.
• Multi-asset platform covering stocks, ETFs, crypto, CFDs, and commodities in a single account.
• Wide European availability across 30 countries with localised deposit methods such as iDEAL.
• Crypto staking is available, offering additional yield on supported coins.
• Idle USD balances earn up to 3.55% interest for EU clients (as of 2026).

Cons

• Stock trading is no longer zero-commission: $1 to $2 per trade now applies for European users.
• USD-denominated accounts mean European users pay currency conversion fees on every deposit and withdrawal.
• The $5 withdrawal fee and $10/month inactivity fee (after 12 months) add up over time.
• Spreads on CFDs and crypto can be wider than dedicated exchanges.
• Regulatory score of 6/10 on Capmap, reflecting its CySEC regulation rather than a top-tier national regulator like AFM or BaFin.
• No debit card offering, unlike some competitors in the neobroker space.

Who eToro is best for

Beginner investors who value simplicity: If you are new to investing and want a platform that combines education, social features, and easy-to-understand trading, eToro's interface and CopyTrader feature make it a straightforward starting point.

Social and copy traders: If you want to allocate part of your portfolio to following the strategies of experienced traders, eToro is one of the few regulated platforms in Europe that offers this natively.

Multi-asset investors: If you want to hold stocks, ETFs, and crypto in a single account without managing multiple broker relationships, eToro covers all three. This is convenient, though not always the cheapest option for each individual asset class.

Alternatives to consider

If eToro's fee structure or features do not match your needs, here are three alternatives available across Europe:

DEGIRO: A low-cost broker regulated in the Netherlands (AFM/DNB) with stock trading fees starting at EUR 2 plus 0.03% per transaction. DEGIRO does not offer crypto or social trading, but its fees for stocks and ETFs are among the lowest in Europe. Regulatory score: 8/10.

Trade Republic: A German neobroker (BaFin-regulated) charging a flat EUR 1 per trade with free savings plans. Strong for ETF savings plans and fractional shares, though it has a more limited product range than eToro. Regulatory score: 8/10.

Trading 212: Offers truly zero-commission stock and ETF trading with a 0.15% FX fee. A good option if eliminating trading commissions entirely is your priority. Regulatory score: 6/10.

For a full list of investing platforms available in Europe, visit the investing category on Capmap. See also our eToro vs Trading 212 comparison for a direct head-to-head.

Frequently asked questions

Is eToro safe?

eToro is regulated by CySEC in Cyprus (licence 109/10) and the FCA in the United Kingdom. European client funds are protected under CySEC's Investor Compensation Fund, which covers up to EUR 20,000 per client. The platform uses two-factor authentication and cold storage for crypto assets. While eToro is a legitimate and regulated platform, its CySEC licence is sometimes considered less stringent than regulation by authorities such as BaFin (Germany) or the AFM (Netherlands).

What are eToro's fees for European investors?

Stock trading costs $1 to $2 per trade. ETFs are commission-free. Crypto trading carries a 1% fee. There is also a currency conversion fee on non-USD deposits, a $5 withdrawal fee, and a $10/month inactivity fee if you do not log in for 12 months.

Can I use eToro in my country?

eToro is available in 30 European countries, including the Netherlands, Germany, France, Spain, Italy, Portugal, Sweden, Ireland, Belgium, Austria, Denmark, Finland, Norway, Poland, and Switzerland. Check the platform's website for the full list of supported countries.

Does eToro offer a practice account?

Yes. eToro provides a virtual portfolio with $100,000 in play money, allowing you to practise trading without risking real funds. This is available to all registered users.

How does CopyTrader work?

CopyTrader lets you select a Popular Investor on the platform and automatically replicate their trades in real time. You can set a budget, stop copying at any time, and diversify by copying multiple investors simultaneously. Past performance of Popular Investors does not guarantee future results.

Does eToro pay interest on cash?

Yes. As of 2026, EU clients can earn up to 3.55% per year on idle USD balances held in their eToro account. The exact rate depends on the amount held and your Club tier membership level.

This article is educational content, not financial advice. Always do your own research before making financial decisions. Fees and features may change; verify current details on the platform's official website. Last verified: 2026-03-22.

Disclaimer

This article is for educational purposes only and does not constitute financial, tax, or investment advice. Capmap.eu is an independent comparison platform — we do not provide personal recommendations. Always verify current fees, rates, and regulations with the provider or a qualified adviser before making financial decisions. Information was accurate at the time of writing but may have changed.