eToro

4.5/ 5

eToro is the world's leading social and copy trading platform, founded in 2007 and now publicly traded on NASDAQ with over 32 million registered users. Offering commission-free stock trading, a unique CopyTrader feature, and access to 7,000+ instruments including crypto, stocks, ETFs, and forex CFDs, eToro is the top choice for social investing.

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Min. Deposit

$50

Spread From

1.0 pips

Regulation

FCA, CySEC, ASIC

Full Review

Overview

eToro was founded in 2007 in Tel Aviv and pioneered the concept of social and copy trading, becoming the world's largest social investment platform with 32+ million registered users. The company went public on NASDAQ in 2025 (ETOR). eToro offers commission-free stock trading, 106 cryptocurrencies (including spot assets), 6,493 stocks, and its unique CopyTrader feature that lets users automatically replicate top-performing investors' portfolios.

Pros

World's leading copy trading: CopyTrader and Popular Investors programme with millions of users
Commission-free stocks: Zero commission on real stock purchases in US and UK
Broadest crypto offering: 106 cryptocurrencies including spot Bitcoin, Ethereum, and altcoins
Beginner-friendly: The most intuitive platform for new investors with social features
Publicly listed and regulated: NASDAQ-listed, FCA + CySEC + ASIC regulated with $17.5B AUM

Cons

Higher forex spreads: EUR/USD averages ~1.0 pip — expensive compared to ECN brokers
No MetaTrader or algorithmic trading: Proprietary platform only; no MT4/MT5 or EAs
$5 withdrawal fee: Every withdrawal incurs a $5 fee
$10/month inactivity fee: Charged after 12 months of account inactivity
1% crypto fee: Flat 1% fee per side on cryptocurrency trades

Spreads & Fees

Instrument	Spread/Fee	Notes
EUR/USD	~1.0 pip	Variable
Stocks (US/UK)	Commission-free	Spread applies
Crypto	1% per side	Both buy and sell
ETFs	Commission-free (EU)	Varies by region

Withdrawal Fee: $5 per withdrawal. Inactivity Fee: $10/month after 12 consecutive months of no login. Conversion Fee: FX conversion fee applies for non-USD accounts.

User Reviews8

Emma F.

5/5

eToro completely changed how I invest. The copy trading feature is brilliant — I follow 5 top traders and my portfolio has outperformed my manual trades. The social community is also very engaging.

Marcus H.

4/5

Best social investing platform available. The Popular Investors section has traders with verified years of track records. The crypto selection is also the most comprehensive I've found.

Sandra K.

3/5

Good platform but the fees add up. The $5 withdrawal fee and 1% crypto fee are frustrating. Commission-free stocks are great but be aware of the forex spread costs.

Ryan T.

5/5

Been copy trading on eToro for 3 years. Identified a few consistent traders to copy and my annual returns have been solid. The transparency of each trader's stats is excellent.

Bella W.

4/5

The app is genuinely the best-designed investing app I've used. Intuitive, fast, and the social feed is interesting. I wish the forex spreads were tighter for active trading.

Antonio M.

2/5

I'm a forex trader and eToro is not the right platform for serious forex trading. The spreads are 1.0 pip+ and there's no MT4 or algorithmic trading. But for stocks and crypto copying, it's excellent.

Fiona C.

5/5

eToro's education section is outstanding for absolute beginners. The courses are clear, the explanations are simple, and the demo account is exactly like the live one. Best beginner broker.

James N.

3/5

The inactivity fee is annoying. I went on a holiday and didn't log in for a year and got charged $120 total. Read the terms carefully before leaving your account unused.

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