Home eToro Is eToro Free?

Is eToro Free?

24
0
Regal Wallet Banner

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.

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 mutual fund feesNot available
Inactivity feeLow$10 per month after one year 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.

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

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.

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 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:


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.

Previous articleBest Trading Platforms For Penny Stocks
Next articleIs eToro Good For Beginners?
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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here