All withdrawal requests made to this broker are subject to a $5 fee. While it’s possible to open an account for free, requests for withdrawals made in currencies different from US dollars underlie conversion fees.
The broker offers 0% commission on stocks and does not charge stamp duty, ticketing fees, or markup and management fees, even when investing in portfolios and copying other traders. Stock investments aren’t subject to commission. The withdrawal fee is certainly not high. Forex rates apply to deposits and withdrawals not in US dollars.
Your credit card company or receiving or interim bank may levy fees of its own. There are no hidden costs or extra fees if you use CopyTrader, a trademarked proprietary platform. Each opened and copied position may incur spreads and an overnight fee.
On the plus side, it’s easy to invest in preset, thematic, and leading portfolios with eToro. The broker does charge a commission fee on the assets comprising each portfolio. There’s no commission on stock portfolios only.
The exchange supports a large number of tools and instruments in currencies like AUD, EUR, SEK, GBP, NOK, DKK, CZK, and PLN. The fee is 50 pips for all of these.
If you use Diamond, Sofort, iDEAL, or Trustly when making a deposit or withdrawal in GBP, EUR, or AUD via bank wire, you’ll be exempt from conversion fees automatically. If you’re a Platinum and Platinum+ member, you get half off.
The broker charges an inactivity fee of $10 a month if you haven’t logged in for a year or more. This is charged on your balance, if any. They will not close any open positions to cover the fee.
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 an investment recommendation. Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as a basis for investment decisions.
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 minutes 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.
