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eToro Fees Explained

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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.

Assets Fee level Fee terms
US stock feeLowFree stock and ETF trading
EURUSD feeLowThe fees are built into the spread, 1 pip is the average spread cost during peak trading hours.
US tech fund feeNot available
Inactivity feeLow$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.

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.

eToro XTB Trading 212
Apple CFD financing rate6.5%2.6%38.5%
Vodafone CFD financing rate2.5%36.3%
EURUSD financing rate1.8%1.7%6.8%
EURGBP financing rate2.4%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.

eToro XTB Trading 212
Withdrawal fee$5$0$0
Deposit fee$0$0$0
Inactivity feeYesYesNo
Account feeNoNoNo

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.

eToro XTB Trading 212
Bank transferYesYesYes
Credit/debit cardYesYesYes
Electronic walletsYesYesYes
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.

eToro XTB Trading 212
Bank transferYesYesYes
Credit/debit cardYesYesYes
Electronic walletsYesYesYes
Withdrawal fee with bank transfer$5$0$0

Inactivity Fee

eToro charges a fee of $10/month after one year of inactivity.

eToro XTBTrading 212
Inactivity feeYesYesNo
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 daysNo 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:


Methodology 

The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.

Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.

Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies that we review may compensate us when you click on the links on this website. Click below to find out more about our review process and methodology.

Disclosure

All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

 

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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.

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