Page Summary
eToro is a secure social trading broker with a transparent fee structure. It has top-tier licenses from the ASIC and FCA. eToro offers world-class social trading tools and competitive prices.
Fees
| Assets | Fee level | Fee terms |
|---|---|---|
| US stock fee | Low | Free stock trading |
| EURUSD fee | Low | The fees are built into the spread, 1 pip is the average spread cost during peak trading hours. |
| US mutual fund fees | – | Not available |
| Inactivity fee | Low | $10 per month after one year of inactivity. Inactivity means that you don’t log in to your account. |
This article discusses the specifics of eToro’s fee structure.
Is eToro free?
eToro offers zero-commission when buying or selling US stocks. This service is helpful for investors who trade in low volumes, including buying stocks for less than $500 per trade. eToro does charge for other services, including inactivity and withdrawal fees. Read our in-depth reviews to learn more about eToro and its fee structure.
Are eToro Fees Low?
Overall, eToro is a trustworthy online broker with a transparent fee structure and low fees. For example, the US stock fee of a $2000 trade is $0. Forex and CFD fees at eToro are low. Check our in-depth reviews to learn more about the costs of trading with eToro.
Does eToro Charge A Non-trading Fee?
eToro has expensive non-trading fees. These include a $5 withdrawal fee and a high inactivity fee. For example, depositing funds at eToro is free for bank transfers, electronic wallets, and credit/debit cards. However, the withdrawal fee for each withdrawal is $5. Learn more about non-trading fees at eToro from our in-depth reviews.
Non-trading Fee Comparison
| eToro | XTB | Trading 212 | |
|---|---|---|---|
| Withdrawal fee | $5 | $0 | $0 |
| Deposit fee | $100 | $0 | $0 |
| Inactivity fee | Yes | Yes | No |
| Account fee | No | No | No |
Does eToro Have An Inactivity Fee?
eToro charges a monthly inactivity fee of $10. This broker begins charging the inactivity fee after one year of inactivity. It makes this broker less suitable for a buy-and-hold investor.
Inactivity Fee Comparison
| eToro | XTB | Trading 212 | |
|---|---|---|---|
| Inactivity fee | Yes | Yes | No |
| Inactivity fee | $10 per month after one year inactivity. Inactivity means that you don’t log in to your account. | €10 per month after 1 year of trading inactivity and if no deposit was made in the last 90 days | No inactivity fee |
Final Verdict
eToro is not a free broker, but it is an excellent online broker with a transparent fee policy. It is a top choice for investors at all levels and offers commission-free US stock trades. Read our in-depth reviews to learn more about eToro and its fees.
eToro compared to other brokers:
eToro review
Disclaimer
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% 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
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
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. Take 2 mins to learn more
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.