Page Summary
eToro is a leading social trading broker with a competitive pricing structure. It has top-tier licenses from the ASIC and FCA. eToro offers world-class social trading services with free stock and ETF trading.
Each online broker has a specific fee policy. This article discusses the fees at eToro.
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 tech fund fee | – | Not available |
| Inactivity fee | Low | $10 per month after one year inactivity. Inactivity means that you don’t log in to your account. |
Trading Fees
eToro’s trading fees are low. For example, the Apple benchmark fee with this broker is $6.30. We review online brokers with real accounts and money. Our results depend on many criteria, including trading volume. Check our in-depth reviews to learn more about the trading fees available at eToro.
Fees Comparison
| eToro | XTB | Trading 212 | |
|---|---|---|---|
| Apple benchmark fee | $6.3 | $17.3 | $17.5 |
| Vodafone benchmark fee | – | $20.8 | $17.6 |
| EURUSD benchmark fee | $8.7 | $8.5 | $28.5 |
Financing Rates
eToro has low financing rates. For example, the EUR/USD financing rate with this broker is 1.8%.
Financing rates are important if you want to hold your positions long.
Rates Comparison
| eToro | XTB | Trading 212 | |
|---|---|---|---|
| Apple CFD financing rate | 6.5% | 2.6% | 38.5% |
| Vodafone CFD financing rate | – | 2.5% | 36.3% |
| EURUSD financing rate | 1.8% | 1.7% | 6.8% |
| EURGBP financing rate | 2.4% | 1.5% | 6.1% |
Non-trading Fees
eToro’s non-trading fees are expensive as non-trading-related activities at eToro are high. Non-trading fees are an essential aspect of online trading. The withdrawal fee at eToro is $5 per withdrawal, while other brokers do not have a withdrawal fee. Check our in-depth fees to read about non-trading fees at eToro.
Non-trading Fees Comparison
| eToro | XTB | Trading 212 | |
|---|---|---|---|
| Withdrawal fee | $5 | $0 | $0 |
| Deposit fee | $0 | $0 | $0 |
| Inactivity fee | Yes | Yes | No |
| Account fee | No | No | No |
Deposit Fees
eToro doesn’t charge a deposit fee for deposits from bank transfers, electronic wallets, or credit/debit cards. Deposit fees occur when transferring money from your personal accounts to your brokerage account. The best brokers offer fee-free deposits.
Deposit Fees Comparison
| eToro | XTB | Trading 212 | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | Yes | Yes | Yes |
| Electronic wallets | Yes | Yes | Yes |
| Deposit fee | $0 | $0 | $0 |
Withdrawal Fees
eToro charges a $5 fee for each withdrawal from your brokerage account to your bank, credit/debit card, or electronic wallet. Charging a withdrawal fee is a standard practice among leading online brokers. Read our in-depth reviews to discover insights about trading costs at eToro.
Withdrawal Fees Comparison
| eToro | XTB | Trading 212 | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | Yes | Yes | Yes |
| Electronic wallets | Yes | Yes | Yes |
| Withdrawal fee with bank transfer | $5 | $0 | $0 |
Inactivity Fee
eToro charges a fee of $10/month after one year of inactivity.
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 the leading social trading broker with a competitive fee structure. Trading costs at this broker are low. The low non-trading fees contrast with a large number of non-trading activities. This combination makes non-trading fees at eToro expensive. Learn more about online trading and fees from our in-depth reviews.
eToro compared to other brokers:
eToro review
Disclaimer
eToro is a multi-asset platform which offers both investing in stocks and crypto assets, 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.