My review of the eToro platform (April 2025)

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Nishadh Mohammed updated on 4 April 2025

verified information

My eToro Review

  • Intuitive platform ideal for beginners and long-term investors with possible social trading (community of traders via forum).
  • Diversity of assets: Stocks, ETFs, cryptos, indices, Forex and commodities in one place.
  • Zero commission on the purchase of stocks and ETFs
  • Copy Trading to draw inspiration from the strategies of the best traders
  • Flexibility of orders with fractional purchase of shares and advanced management of stop-loss and take-profit.
  • Free demo account with $100,000 of virtual money to test without risk, accessible without proof of address
  • Account in euros available, eliminating conversion fees for deposits in euros
  • Loyalty program (eToro Club) offering reduced fees and premium customer service.
  • Inactivity fees (£10 after 12 months) and withdrawals (£5)
  • Spread on crypto higher than on specialised exchanges
  • Absence of ISA available via the platform
  • Portfolio transfer to another broker impossible without selling its positions
  • Less advanced analysis tools for high frequency trading
Table of Contents
  • What to think of eToro?
  • My review of eToro's security and reliability
  • My review of the fees, spreads and commissions applied on eToro
  • My review of eToro's available assets & markets
  • My opinion on the eToro platform
  • Customer Reviews: What Users Think of eToro
  • Opening an account, deposits and withdrawals on eToro?
  • What is the eToro Club?
  • Conclusion: Should you invest with eToro?
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Why trust HelloSafe?

HelloSafe is an international specialist in comparing online trading platforms (brokers), advising over a million traders every month. Our personal finance expert has thoroughly analysed this broker by comparing it to numerous other platforms and personally tested the platform for many hours. 

eToro, founded in 2007, is a multi-asset investment and social trading platform with over 35 million traders across 140 countries as of 2023. 

I've spent the last 6 months signing up, testing and thoroughly analysing eToro, and I've sought to compare the platform to other regulated and popular online brokers in the United Kingdom. 

In short, I was trying to answer questions like: can eToro be trusted? Is the platform easy to pick up and intuitive for beginners? How much does it cost to trade with eToro and can you build a diversified portfolio of assets? What features does the trader offer vs. other online brokers? 

So I put everything under the microscope: account opening process, management and trading fees, available financial instruments, features, simplicity of the platform (desktop and mobile) and trading tools, etc. Below is my in-depth analysis of the eToro broker (compared to other platforms tested). 

What to think of eToro?

My general opinion on eToro

In my opinion, eToro is an excellent online trading platform. The platform is user-friendly and very easy to use (and I'm not the only one saying it: 4.1 on Trustpilot!) in addition to offering really powerful features. Among the most notable is its Copy Trading functionality (duplicating the investment strategies of more experienced traders), THE super added value of the broker!

The broker eToro allows you to build a diversified portfolio since it allows you to trade globally on all assets: stocks, ETFs, CFDs, cryptos, currencies, indices and even NFTs - which means you don’t have to register on multiple platforms. You can invest in real assets but also use leverage on CFDs (be careful, it's risky and expensive, you need to understand the stakes!).

In terms of security, there's nothing to complain about. The platform is reliable and regulated in the United Kingdom, where it has been present since 2007 (as well as in 140 other countries, which reinforces its legitimacy).

The broker has also become known for its $0 commission policy on the purchase of real stocks and ETFs (and not just CFDs). eToro is also one of the few brokers to offer the purchase of fractional shares (allowing you to start investing with small amounts). Most of the fees offered are below or at the market average. 

=> In short, I believe eToro offers a secure and user-friendly platform where you can buy/sell a very wide range of assets and benefit from competitive fees. 

Which trader profiles is eToro suited for?

From my point of view, eToro is particularly suited to several trader profiles:

=> Clearly for beginners: Account opening is quick, without excessive paperwork, the platform is intuitive, both on desktop and mobile, and Copy Trading allows you to automatically copy the portfolios of experienced traders, without having to manage your positions yourself. The free demo account with $100,000 virtual money is accessible without a deposit, which is ideal for practicing. In addition, the entry ticket is low (£50), and the platform offers a wealth of educational content to train at your own pace.

=> For regular traders who want to diversify their portfolio with stocks, ETFs or direct cryptos, and not just CFDs. eToro allows you to mix long-term investment and short-term opportunities (with leverage up to x30 depending on the assets). Copy Trading, often considered a tool for beginners, is also very useful for those who want to follow a strategy passively while maintaining control through Stop Loss / Take Profit limits. eToro's community dimension, with its news feed and comments from other traders, is also a real plus for exchanging and getting inspired.

On the other hand, very experienced traders or those who practice scalping or intensive day trading may find the spreads a little too high compared to brokers like IG or Interactive Brokers, and may regret the absence of MetaTrader or more advanced technical analysis tools.

eToro in a few seconds, is:

FeatureDetail
Minimum Deposit$50 (demo account available without deposit)
RegulationsCySEC (Cyprus), FCA (United Kingdom), ASIC (Australia)
Financial Conduct Authority RegistrationNo (authorised via CySEC, but registered as PSAN for crypto-assets)
Available Assets3,000+ stocks, 200+ ETFs, 100+ cryptos, 49 Forex pairs, 15 commodities, 13 indices
Trading ToolsProprietary eToro platform (Web, mobile app)
Demo AccountYes, with $100,000 virtual, unlimited access
Copy TradingYes, with automatic copying of popular investor portfolios
Islamic TradingYes, swap-free account available on request
Main optionsStop Loss, Take Profit, market orders, conditional orders
LeverageUp to 1:30 for retail clients (up to 1:400 for professionals)
Fees$0 commission on spot stocks, spreads from 1 pip (Forex) or 1% (crypto)
Customer SupportLive chat (after login), help center, email ticket (no phone)
Trustpilot Verified ReviewsAverage rating of 4.1/5 out of 26,000+ reviews
eToro Features
Minimum Deposit
Detail
$50 (demo account available without deposit)
Regulations
Detail
CySEC (Cyprus), FCA (United Kingdom), ASIC (Australia)
Financial Conduct Authority Registration
Detail
No (authorised via CySEC, but registered as PSAN for crypto-assets)
Available Assets
Detail
3,000+ stocks, 200+ ETFs, 100+ cryptos, 49 Forex pairs, 15 commodities, 13 indices
Trading Tools
Detail
Proprietary eToro platform (Web, mobile app)
Demo Account
Detail
Yes, with $100,000 virtual, unlimited access
Copy Trading
Detail
Yes, with automatic copying of popular investor portfolios
Islamic Trading
Detail
Yes, swap-free account available on request
Main options
Detail
Stop Loss, Take Profit, market orders, conditional orders
Leverage
Detail
Up to 1:30 for retail clients (up to 1:400 for professionals)
Fees
Detail
$0 commission on spot stocks, spreads from 1 pip (Forex) or 1% (crypto)
Customer Support
Detail
Live chat (after login), help center, email ticket (no phone)
Trustpilot Verified Reviews
Detail
Average rating of 4.1/5 out of 26,000+ reviews
eToro Features

My review of eToro's security and reliability

As a trader, I consider eToro to be a reliable broker, benefiting from a solid regulatory framework and high guarantees regarding the security of funds. It is regulated in several recognised jurisdictions and offers serious tools to limit the risk of excessive losses, which reinforces the confidence that one can have when investing capital with them.

IndicatorDescriptionEvaluation
Regulatory ComplianceRegulated by CySEC (EU), FCA (UK) and ASIC (Australia). Registered as a DASP in the UK for crypto-assets.Excellent
Security of FundsSegregated client funds, insurance via Lloyd's up to £1,000,000 per client, deposit protection up to £85,000 in the UK.Excellent
Risk Management ToolsStop Loss, Take Profit, negative balance protection (depending on account conditions).Good
Reputation & CoverageOver 30 million users in 140 countries, global presence, strong visibility in the UK.Excellent
eToro Security and Reliability
Regulatory Compliance
Description
Regulated by CySEC (EU), FCA (UK) and ASIC (Australia). Registered as a DASP in the UK for crypto-assets.
Evaluation
Excellent
Security of Funds
Description
Segregated client funds, insurance via Lloyd's up to £1,000,000 per client, deposit protection up to £85,000 in the UK.
Evaluation
Excellent
Risk Management Tools
Description
Stop Loss, Take Profit, negative balance protection (depending on account conditions).
Evaluation
Good
Reputation & Coverage
Description
Over 30 million users in 140 countries, global presence, strong visibility in the UK.
Evaluation
Excellent
eToro Security and Reliability

My review of the fees, spreads and commissions applied on eToro

As a trader, I have found eToro's fees to be rather well positioned, especially for those wishing to invest in stocks or ETFs for cash: no commission is charged as long as you do not use leverage, which is a real advantage compared to many other brokers.

Copy Trading is also free, which allows you to follow portfolios of other investors without additional fees. On the other hand, spreads may be higher than with more technical brokers, especially on cryptos and Forex. But overall, eToro remains competitive, especially for long-term profiles or occasional traders.

Now let's move on to the figures: I have analysed in detail all the fees charged by eToro, and compared them to 16 other platforms to get a clear picture.

What are the account fees at eToro?

Type de fraisConditions chez eToroMoyenne du marché
Frais d'ouvertureGratuit£5 – £10
Frais de gestionAucun frais de tenue de compte0,1 – 0,2 %
Frais de retrait$5 pour les comptes en USD (minimum $30) ; £0 pour les comptes en GBP£5 – £10
Frais d'inactivité$10/mois après 12 mois sans connexion$5 – $15
Frais de conversionVariables selon la devise et la méthode de paiement ; réduction à 0,75 % avec un plan d’investissement actifVariable
Frais de compte eToro
Frais d'ouverture
Conditions chez eToro
Gratuit
Moyenne du marché
£5 – £10
Frais de gestion
Conditions chez eToro
Aucun frais de tenue de compte
Moyenne du marché
0,1 – 0,2 %
Frais de retrait
Conditions chez eToro
$5 pour les comptes en USD (minimum $30) ; £0 pour les comptes en GBP
Moyenne du marché
£5 – £10
Frais d'inactivité
Conditions chez eToro
$10/mois après 12 mois sans connexion
Moyenne du marché
$5 – $15
Frais de conversion
Conditions chez eToro
Variables selon la devise et la méthode de paiement ; réduction à 0,75 % avec un plan d’investissement actif
Moyenne du marché
Variable
Frais de compte eToro

In practice, I found eToro's fee structure to be quite advantageous, especially if you open your account in the right currency. There are no opening or management fees, and withdrawals are free in EUR or GBP. However, for USD accounts, the $5 fee can quickly add up if you withdraw regularly. This cost disappears if you join the eToro Club, from $2,000 invested. Inactivity fees are only charged after 12 months without logging in, so they are very easy to avoid.

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Trader Tip

Use Revolut to reduce your conversion fees. If you deposit euros into a dollar account, eToro's exchange fees can be as high as 1.5%. By converting your funds directly via Revolut before depositing, you can save £10 to £15 on a £500 transfer. A simple step, but one that really makes a difference in the long run.

What are the stock and ETF fees at eToro?

At eToro, you can invest directly in stocks and ETFs (without leverage, outside of CFD mode), making it one of the few CFD brokers to also offer a genuine commission-free long-term investment offering. This is a significant advantage for investors looking to build a real portfolio without hidden fees.

Type of FeeeToro ConditionsMarket Average
Commission$0 on stocks and ETFs (excluding CFDs and leverage)Approximately 0.10%
Spread FeeNone on direct stock and ETF purchases0.10%
Overnight FeeNone if you don’t use leverageVariable
Custody FeeNoneVariable
Stamp Duty Reserve Tax (UK)0.5% on the purchase of UK shares (legal obligation)0.5% to 1%
eToro Stock and ETF Fees
Commission
eToro Conditions
$0 on stocks and ETFs (excluding CFDs and leverage)
Market Average
Approximately 0.10%
Spread Fee
eToro Conditions
None on direct stock and ETF purchases
Market Average
0.10%
Overnight Fee
eToro Conditions
None if you don’t use leverage
Market Average
Variable
Custody Fee
eToro Conditions
None
Market Average
Variable
Stamp Duty Reserve Tax (UK)
eToro Conditions
0.5% on the purchase of UK shares (legal obligation)
Market Average
0.5% to 1%
eToro Stock and ETF Fees
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Good to know

Fees may vary depending on market conditions and your eToro Club level. The more active or invested you are, the more you benefit from reduced rates (especially on currency conversions or withdrawals).

What are the cryptocurrency fees at eToro?

Type de fraisConditions chez eToroMoyenne du marché
Frais d'achat/vente1 % par transaction, inclus dans le prix à l'ouverture et à la fermeture d’une positionEnviron 0,75 %
Frais de spreadInclus dans les 1 % mentionnés ci-dessus0,5 – 1 %
Frais au jour le jour (overnight)Gratuit pour les achats en direct ; appliqué pour les positions en CFD (vente à découvert ou avec levier)Variable
Frais de gardeAucun pour les positions au comptantVariable
Frais de transfert vers eToro WalletFrais variables selon la crypto ; par ex. 0,0005 BTC pour Bitcoin + frais de conversion1,5 – 2 % selon exchanges
Frais crypto monnaies eToro
Frais d'achat/vente
Conditions chez eToro
1 % par transaction, inclus dans le prix à l'ouverture et à la fermeture d’une position
Moyenne du marché
Environ 0,75 %
Frais de spread
Conditions chez eToro
Inclus dans les 1 % mentionnés ci-dessus
Moyenne du marché
0,5 – 1 %
Frais au jour le jour (overnight)
Conditions chez eToro
Gratuit pour les achats en direct ; appliqué pour les positions en CFD (vente à découvert ou avec levier)
Moyenne du marché
Variable
Frais de garde
Conditions chez eToro
Aucun pour les positions au comptant
Moyenne du marché
Variable
Frais de transfert vers eToro Wallet
Conditions chez eToro
Frais variables selon la crypto ; par ex. 0,0005 BTC pour Bitcoin + frais de conversion
Moyenne du marché
1,5 – 2 % selon exchanges
Frais crypto monnaies eToro

Based on my tests, eToro's crypto fees are easy to understand, but slightly higher than average, especially if you're an active trader who makes frequent trades. (More expensive than Binance or Kraken)

What are the CFD fees at eToro?

Here is the updated table with data from eToro's official documents, including the main assets available as CFDs:

Underlying AssetMaximum Leverage (Retail Client)Spread at eToro (Starting from)Overnight FeesMarket Average
Stocks (CFD)Up to 1:5Variable (0.09% min £1/order)Yes0.10% to 0.20%
ETF (CFD)Up to 1:5VariableYesVariable
Crypto (CFD)Up to 1:21% (e.g. BTC/USD)Yes0.5% to 1%
Gold (XAU/USD)Up to 1:2045 pips (~£0.45)Yes£0.25 – £0.40
Silver (XAG/USD)Up to 1:105 pipsYes£0.03 – £0.05
Oil (WTI)Up to 1:105 pips (~£0.05)Yes£0.03 – £0.05
EUR/USDUp to 1:301.0 pipYes0.6 – 1.2 pips
EUR/GBPUp to 1:301.5 pipsYes1.0 – 1.5 pips
USD/JPYUp to 1:301.0 pipYes0.8 – 1.2 pips
GBP/USDUp to 1:302.0 pipsYes1.2 – 1.6 pips
CAC 40 (FRA40)Up to 1:201.5 pointsYes1.0 – 1.5 points
S&P 500 (US500)Up to 1:200.75 pointsYes0.5 – 1.0 points
NASDAQ 100 (NSDQ100)Up to 1:201.5 pointsYes1.0 – 1.5 points
eToro CFD Fees and Spreads
Stocks (CFD)
Maximum Leverage (Retail Client)
Up to 1:5
Spread at eToro (Starting from)
Variable (0.09% min £1/order)
Overnight Fees
Yes
Market Average
0.10% to 0.20%
ETF (CFD)
Maximum Leverage (Retail Client)
Up to 1:5
Spread at eToro (Starting from)
Variable
Overnight Fees
Yes
Market Average
Variable
Crypto (CFD)
Maximum Leverage (Retail Client)
Up to 1:2
Spread at eToro (Starting from)
1% (e.g. BTC/USD)
Overnight Fees
Yes
Market Average
0.5% to 1%
Gold (XAU/USD)
Maximum Leverage (Retail Client)
Up to 1:20
Spread at eToro (Starting from)
45 pips (~£0.45)
Overnight Fees
Yes
Market Average
£0.25 – £0.40
Silver (XAG/USD)
Maximum Leverage (Retail Client)
Up to 1:10
Spread at eToro (Starting from)
5 pips
Overnight Fees
Yes
Market Average
£0.03 – £0.05
Oil (WTI)
Maximum Leverage (Retail Client)
Up to 1:10
Spread at eToro (Starting from)
5 pips (~£0.05)
Overnight Fees
Yes
Market Average
£0.03 – £0.05
EUR/USD
Maximum Leverage (Retail Client)
Up to 1:30
Spread at eToro (Starting from)
1.0 pip
Overnight Fees
Yes
Market Average
0.6 – 1.2 pips
EUR/GBP
Maximum Leverage (Retail Client)
Up to 1:30
Spread at eToro (Starting from)
1.5 pips
Overnight Fees
Yes
Market Average
1.0 – 1.5 pips
USD/JPY
Maximum Leverage (Retail Client)
Up to 1:30
Spread at eToro (Starting from)
1.0 pip
Overnight Fees
Yes
Market Average
0.8 – 1.2 pips
GBP/USD
Maximum Leverage (Retail Client)
Up to 1:30
Spread at eToro (Starting from)
2.0 pips
Overnight Fees
Yes
Market Average
1.2 – 1.6 pips
CAC 40 (FRA40)
Maximum Leverage (Retail Client)
Up to 1:20
Spread at eToro (Starting from)
1.5 points
Overnight Fees
Yes
Market Average
1.0 – 1.5 points
S&P 500 (US500)
Maximum Leverage (Retail Client)
Up to 1:20
Spread at eToro (Starting from)
0.75 points
Overnight Fees
Yes
Market Average
0.5 – 1.0 points
NASDAQ 100 (NSDQ100)
Maximum Leverage (Retail Client)
Up to 1:20
Spread at eToro (Starting from)
1.5 points
Overnight Fees
Yes
Market Average
1.0 – 1.5 points
eToro CFD Fees and Spreads

From my tests, eToro performs reasonably well on CFDs, especially on Forex and indices: the spreads are decent and stable, even during periods of volatility, which is appreciable. On share CFDs, the fees are transparent: 0.09% commission, with a minimum of $1 per transaction. For oil and certain indices such as the S&P 500, the conditions are clearly in the upper average of the market.

On the other hand, I found the spreads on gold a bit high compared to other more specialized brokers. As for cryptos, the 1% spread may seem significant, but it remains aligned with what most CFD brokers offer.

For moderate day trading or swing trading, the fees remain competitive. On the other hand, for pure scalping, you will have to deal with slightly wider spreads, especially outside of US market opening hours.

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Good to know

 Leverage is capped according to UK regulations (up to 1:30 for Forex, 1:20 for indices and gold, 1:5 for stocks, 1:2 for cryptos). Overnight fees are applied to all CFD positions held after the market closes, and the amount depends on both the asset and current conditions. To avoid surprises, I recommend always checking eToro's fee schedule before opening a leveraged position.

My review of eToro's available assets & markets

AssetsTypeNumber on eToroMarket Average
StocksDirect Purchase + CFD3,000+2,500+
ETFDirect Purchase + CFD200+200
CryptocurrenciesDirect Purchase + CFD100+50
Currencies (Forex)CFD4950
CommoditiesCFD1520
IndicesCFD1312
NFTTracking via DeltaManagement only (no trading)N/A
eToro Markets and Assets
Stocks
Type
Direct Purchase + CFD
Number on eToro
3,000+
Market Average
2,500+
ETF
Type
Direct Purchase + CFD
Number on eToro
200+
Market Average
200
Cryptocurrencies
Type
Direct Purchase + CFD
Number on eToro
100+
Market Average
50
Currencies (Forex)
Type
CFD
Number on eToro
49
Market Average
50
Commodities
Type
CFD
Number on eToro
15
Market Average
20
Indices
Type
CFD
Number on eToro
13
Market Average
12
NFT
Type
Tracking via Delta
Number on eToro
Management only (no trading)
Market Average
N/A
eToro Markets and Assets

Having tested eToro, I can say that the variety of assets offered is a real strength: you can build a balanced portfolio between stocks, ETFs, crypto, Forex, commodities and indices, while choosing between direct investment or CFDs with leverage.

I particularly appreciated the possibility of investing in real stocks without commission, which is not so common. On the crypto side, the offer is wide but the fees are a little high; on the other hand, the possibility of transferring to an external wallet is a real plus.

For Forex or indices, it's classic, well executed, with leverage adapted to the profile and correct spreads. In short, whether you are an active trader or a long-term investor, there is plenty to do.

My opinion on the eToro platform

FeatureVerified Details
Mobile App✅ Available on Android and iOS
Ergonomics✅ Fluid and intuitive interface, ideal for beginners and occasional investors
Compatible Software❌ No third-party software (no MetaTrader, no TradingView integrated)
Available Order Types✅ Market, limit, stop-loss, take-profit, trailing stop orders
Graphical Analysis Tools✅ Interactive charts, basic indicators (RSI, MACD, moving averages, etc.)
Copy Trading / Auto trading✅ Integrated and intuitive function, automatic copying of popular traders
Fractional Shares✅ Yes, possible to invest from a few pounds
Social Trading✅ Yes, news feed, comments, public profiles of traders
Negative Balance Protection✅ Yes, for all retail clients
Trading Signals✅ Integrated into the Copy Trading function
Search & Filters✅ Sorting tools, ranking by performance, asset type, risk, etc.
Smart Portfolios✅ Thematic « Smart Portfolios » available (tech, crypto, energy, etc.)
Fundamental Data✅ Present on each stock (PER, revenues, yield, etc.)
Price Alerts❌ Automatic alerts only, no manual settings
eToro Platform
Mobile App
Verified Details
✅ Available on Android and iOS
Ergonomics
Verified Details
✅ Fluid and intuitive interface, ideal for beginners and occasional investors
Compatible Software
Verified Details
❌ No third-party software (no MetaTrader, no TradingView integrated)
Available Order Types
Verified Details
✅ Market, limit, stop-loss, take-profit, trailing stop orders
Graphical Analysis Tools
Verified Details
✅ Interactive charts, basic indicators (RSI, MACD, moving averages, etc.)
Copy Trading / Auto trading
Verified Details
✅ Integrated and intuitive function, automatic copying of popular traders
Fractional Shares
Verified Details
✅ Yes, possible to invest from a few pounds
Social Trading
Verified Details
✅ Yes, news feed, comments, public profiles of traders
Negative Balance Protection
Verified Details
✅ Yes, for all retail clients
Trading Signals
Verified Details
✅ Integrated into the Copy Trading function
Search & Filters
Verified Details
✅ Sorting tools, ranking by performance, asset type, risk, etc.
Smart Portfolios
Verified Details
✅ Thematic « Smart Portfolios » available (tech, crypto, energy, etc.)
Fundamental Data
Verified Details
✅ Present on each stock (PER, revenues, yield, etc.)
Price Alerts
Verified Details
❌ Automatic alerts only, no manual settings
eToro Platform

From a personal perspective, I found eToro's platform particularly smooth and pleasant to use, especially for investors who are starting out or want to save time. Copy Trading is a real plus, well thought out and very accessible. For daily use, it's clear, practical, and effective. On the other hand, professional traders or those who are fond of advanced technical analysis may feel a little cramped by the lack of integration of tools like MetaTrader or TradingView.

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Trader Tip: Disable Default Settings for More Control

When placing your first order, remember to disable the automatic stop-loss, take-profit, and leverage options if you genuinely want to hold the asset. On a Nasdaq 100 ETF position, I avoided unintended exposure by setting the leverage to 1x and removing the default limits.

Customer Reviews: What Users Think of eToro

To refine my assessment, I looked at the reviews left by users on Trustpilot. Result: eToro has a solid rating of 4.1/5 based on over 26,000 reviews, which places it high in the ranking of brokers accessible in the United Kingdom.

What users appreciate:

  • Intuitive and accessible platform, even without experience
  • Possibility to buy shares without commission
  • Effective and easy-to-use Copy Trading
  • Responsive customer service and personalised support
  • Access to a wide choice of assets, including cryptos and ETFs

Areas for Improvement:

  • Exchange and withdrawal fees considered high (outside eToro Club)
  • Occasional delays or bugs during registration or withdrawal
  • Automatic stop loss and take profit settings that may surprise beginners
  • Interface sometimes slow or unstable according to some users
  • Reported difficulties with account verification or fund transfers

Some examples of client reviews:

« The platform is simple and intuitive, perfect for beginners. The advice is clear and the support is excellent. » – R.H.
« For over 7 years, quality advice! I have never had a problem with eToro. » – C.H.
« I am very satisfied with the explanations provided. Clear, precise, and adapted to my needs. » – P.L.

Opening an account, deposits and withdrawals on eToro?

Opening an account

ElementDetail
Opening procedure100% online, from the website or mobile app
Validation timeGenerally within 24 hours (if documents are compliant)
Deposit methodsBank card (Visa/Mastercard), PayPal, Skrill, Neteller, bank transfer, etc.
Minimum deposit$50 (not required for the demo account)
Minimum amount per order$10 for cryptos, $50 for stocks/ETFs
Supporting documents requiredProof of identity + proof of address less than 3 months old
Demo accountYes, with $100,000 virtual funds with no time limit
eToro Account Opening
Opening procedure
Detail
100% online, from the website or mobile app
Validation time
Detail
Generally within 24 hours (if documents are compliant)
Deposit methods
Detail
Bank card (Visa/Mastercard), PayPal, Skrill, Neteller, bank transfer, etc.
Minimum deposit
Detail
$50 (not required for the demo account)
Minimum amount per order
Detail
$10 for cryptos, $50 for stocks/ETFs
Supporting documents required
Detail
Proof of identity + proof of address less than 3 months old
Demo account
Detail
Yes, with $100,000 virtual funds with no time limit
eToro Account Opening

Steps to open an account with eToro: 

  • Visit
  • Create your account via an email or a Facebook/Google connection
  • Immediately access the demo account with $100,000 virtual money
  • Provide your supporting documents: proof of identity + proof of address
  • Fill out the questionnaire about your experience and goals
  • Make a first deposit (minimum £50) to start trading in real mode
  • Wait for validation (often in just a few hours)
  • Start investing in real mode or continue testing the platform in demo mode

Opening an account is simple and straightforward. During my test, I was able to start trading in less than an hour after my documents were validated. This is one of the fastest procedures I've encountered on trading platforms.

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Good to know

Once registered, and even before answering the questionnaire about your trading experience, you can switch to the virtual account and start placing your first orders with your imaginary capital of £100,000 made available to you. 

Deposits and withdrawals on eToro

eToro offers a simple and fast procedure for depositing or withdrawing funds, with several payment methods available depending on your country. All accounts are in USD, but deposits can be made in other currencies (automatic conversion with fees).

OperationAvailable MethodsMain Conditions
DepositCredit card (Visa, Mastercard), bank transfer, PayPal, Skrill, Neteller, Trustly, etc.Minimum: £50 (may vary depending on the method)
WithdrawalBank transfer, credit card, PayPal, Skrill, NetellerMinimum: £30, fixed fee of £5 (waived from Gold eToro Club level)
eToro Deposits and Withdrawals
Deposit
Available Methods
Credit card (Visa, Mastercard), bank transfer, PayPal, Skrill, Neteller, Trustly, etc.
Main Conditions
Minimum: £50 (may vary depending on the method)
Withdrawal
Available Methods
Bank transfer, credit card, PayPal, Skrill, Neteller
Main Conditions
Minimum: £30, fixed fee of £5 (waived from Gold eToro Club level)
eToro Deposits and Withdrawals

Deposits by bank card are instant, while bank transfers can take 1 to 3 business days. Withdrawals are generally processed in 1 to 2 days, depending on the method used. All amounts deposited or withdrawn are converted to USD, with variable conversion fees if you use another currency.

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Trader tip:

Prioritise bank cards for fast deposits. During my last deposit of £300 by card, the funds were available in less than 10 seconds. Perfect for seizing an opportunity without waiting, unlike bank transfers which can delay the execution of your orders.

Types of Accounts Available on eToro

eToro offers a simple and universal account structure, designed to adapt to investors around the world. As an international platform, you cannot open a Stocks and Shares ISA, as this type of account is specific to UK tax. However, eToro allows you to invest in both real stocks and CFDs, which suits many trader profiles, from beginners to experienced investors.

Account TypeAvailable on eToro?
Demo Account✅ Yes, with $100,000 of virtual funds, with no time limit
Investment Account✅ Yes, for commission-free purchase of shares and ETFs
CFD Account✅ Yes, to trade with leverage on all assets (shares, crypto, indices…)
Islamic Account✅ Yes, on request, without swaps or interest, compliant with Islamic finance
Professional Account✅ Yes, on request, with leverage up to 1:30 and specific conditions
STP Account❌ No
ECN Account❌ No
ISA❌ No
Base Currencies of Accounts✅ USD only (automatic conversion from GBP, etc.)
eToro Accounts
Demo Account
Available on eToro?
✅ Yes, with $100,000 of virtual funds, with no time limit
Investment Account
Available on eToro?
✅ Yes, for commission-free purchase of shares and ETFs
CFD Account
Available on eToro?
✅ Yes, to trade with leverage on all assets (shares, crypto, indices…)
Islamic Account
Available on eToro?
✅ Yes, on request, without swaps or interest, compliant with Islamic finance
Professional Account
Available on eToro?
✅ Yes, on request, with leverage up to 1:30 and specific conditions
STP Account
Available on eToro?
❌ No
ECN Account
Available on eToro?
❌ No
ISA
Available on eToro?
❌ No
Base Currencies of Accounts
Available on eToro?
✅ USD only (automatic conversion from GBP, etc.)
eToro Accounts

What is the eToro Club?

The eToro Club is a loyalty program structured into 5 tiers (Silver to Diamond), based on your total account balance. Membership is automatic, and the benefits increase depending on the amount held. From the Silver tier upwards (starting at $5,000), you begin to benefit from more personalised support, which clearly enhances the experience, particularly in terms of customer service or investment strategy.

StatusEligibility ThresholdMain Benefits
Silver£5,000 – £9,999Dedicated account manager, Smart Portfolios, eToro Money Visa card
Gold£10,000 – £24,999Weekly market analysis, partner offers, access to Delta PRO
Platinum£25,000 – £49,999Free withdrawal fees, premium research, 50% reduction on conversions
Platinum+£50,000 – £249,999Sporting events, interest on balance (up to 1.85%), Zoom sessions with advisor
Diamond£250,000 and moreVIP events, crypto fee reimbursement, premium financial subscriptions
eToro Club
Silver
Eligibility Threshold
£5,000 – £9,999
Main Benefits
Dedicated account manager, Smart Portfolios, eToro Money Visa card
Gold
Eligibility Threshold
£10,000 – £24,999
Main Benefits
Weekly market analysis, partner offers, access to Delta PRO
Platinum
Eligibility Threshold
£25,000 – £49,999
Main Benefits
Free withdrawal fees, premium research, 50% reduction on conversions
Platinum+
Eligibility Threshold
£50,000 – £249,999
Main Benefits
Sporting events, interest on balance (up to 1.85%), Zoom sessions with advisor
Diamond
Eligibility Threshold
£250,000 and more
Main Benefits
VIP events, crypto fee reimbursement, premium financial subscriptions
eToro Club

As a Silver-level trader, I found this programme really helpful: I was able to quickly exchange messages with a manager via WhatsApp, especially for questions about ETF spreads.

The Smart Portfolios accessible from this level are also very practical for diversifying without manually managing each position. In my opinion, it's a good way to gain autonomy while having responsive support. My goal is to reach the Platinum level, which greatly reduces currency exchange fees and provides access to more advanced analysis tools.

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Trader Tip:

  Level up to optimise your fees and monitoring. The eToro Club monitors your account balance daily to determine your level. From $5,000, you already gain comfort (quick responses, personalised advice), and from $25,000, you start to access premium services that can clearly make a difference if you trade actively or invest in the long term.

Conclusion: Should you invest with eToro?

After several weeks of testing, I can say that eToro is a really solid platform, especially if you are looking for a simple solution to invest without necessarily becoming a technical expert. Copy Trading is ultra-efficient, especially for starting without stress, and the possibility of investing in stocks or ETFs without commission, even with small amounts (thanks to fractional shares), is a real asset.

What I appreciated was the ease of use: everything is clear, fluid, and designed for those who want to manage their portfolio themselves without getting into complex tools. I also liked the social aspect, with a real active community that comments on assets and shares its analyses.

In short, if you are a beginner or an independent investor, eToro is a good entry point into trading.

Is eToro regulated in the UK?

eToro is regulated by the FCA in the United Kingdom, allowing it to operate legally. It is also regulated by CySEC (Cyprus) and ASIC in Australia.

What is the minimum deposit on eToro?

The minimum deposit to open a real account with eToro is $50. This threshold may vary depending on your country of residence and the payment method chosen. For example, a bank transfer may sometimes require a higher amount (around $500). The demo account is accessible for free without deposit.

Does eToro offer a welcome bonus?

eToro does not offer a welcome bonus, in accordance with regulations. However, occasional contests and promotions may be offered, especially for eToro Club users or during special operations broadcast via their official channels.

How does leverage work on eToro?

The leverage on eToro depends on the asset traded. For retail clients in the UK, it is capped at x5 on stocks and ETFs, x30 on Forex pairs, x20 on major indices and gold, x10 on commodities, and x2 on cryptocurrencies. These limits are imposed to limit the risk of significant losses.

How does eToro get paid?

The platform is mainly remunerated via spreads, which represent the difference between the purchase and sale price of an asset. There is no commission on the purchase of shares directly, which is an advantage. Fixed withdrawal fees of $5 are applied, and an inactivity fee of $10 per month is levied after 12 months without logging in. Conversion fees may also apply if you deposit or withdraw in a currency other than USD.

Who is behind eToro?

eToro was founded in 2007 in Israel by Yoni Assia, Ronen Assia and David Ring. It is now one of the world leaders in social trading, with a community of over 30 million users in 140 countries.

When did eToro start?

eToro was launched in 2007, initially as a simplified trading platform. It quickly developed to integrate Copy Trading, a flagship feature that allows users to automatically copy the strategies of other investors, making investment accessible to the greatest number.

How do I contact eToro customer service?

Customer service can be reached via a ticket system, or directly via online chat from the customer area (after logging in). There is no telephone support. eToro Club members (from Silver level) benefit from a dedicated account manager, often available via WhatsApp for more personalised support.

Does eToro offer promotions?

eToro does not offer classic promotions such as welcome bonuses, but the platform sometimes organises contests, referral campaigns or offers linked to the eToro Club programme. To benefit from this, you must follow the official communications from the customer area or the platform's newsletter.

Is eToro regulated in the UK?

eToro is regulated by the FCA in the United Kingdom, allowing it to operate legally. It is also regulated by CySEC (Cyprus) and ASIC in Australia.

What is the minimum deposit on eToro?

The minimum deposit to open a real account with eToro is $50. This threshold may vary depending on your country of residence and the payment method chosen. For example, a bank transfer may sometimes require a higher amount (around $500). The demo account is accessible for free without deposit.

Does eToro offer a welcome bonus?

eToro does not offer a welcome bonus, in accordance with regulations. However, occasional contests and promotions may be offered, especially for eToro Club users or during special operations broadcast via their official channels.

How does leverage work on eToro?

The leverage on eToro depends on the asset traded. For retail clients in the UK, it is capped at x5 on stocks and ETFs, x30 on Forex pairs, x20 on major indices and gold, x10 on commodities, and x2 on cryptocurrencies. These limits are imposed to limit the risk of significant losses.

How does eToro get paid?

The platform is mainly remunerated via spreads, which represent the difference between the purchase and sale price of an asset. There is no commission on the purchase of shares directly, which is an advantage. Fixed withdrawal fees of $5 are applied, and an inactivity fee of $10 per month is levied after 12 months without logging in. Conversion fees may also apply if you deposit or withdraw in a currency other than USD.

Who is behind eToro?

eToro was founded in 2007 in Israel by Yoni Assia, Ronen Assia and David Ring. It is now one of the world leaders in social trading, with a community of over 30 million users in 140 countries.

When did eToro start?

eToro was launched in 2007, initially as a simplified trading platform. It quickly developed to integrate Copy Trading, a flagship feature that allows users to automatically copy the strategies of other investors, making investment accessible to the greatest number.

How do I contact eToro customer service?

Customer service can be reached via a ticket system, or directly via online chat from the customer area (after logging in). There is no telephone support. eToro Club members (from Silver level) benefit from a dedicated account manager, often available via WhatsApp for more personalised support.

Does eToro offer promotions?

eToro does not offer classic promotions such as welcome bonuses, but the platform sometimes organises contests, referral campaigns or offers linked to the eToro Club programme. To benefit from this, you must follow the official communications from the customer area or the platform's newsletter.

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Nishadh Mohammed
HelloSafe
Nishadh Mohammed is a seasoned news editor and financial writer, working with HelloSafe since May 2023. Nishadh has developed expertise in financial markets, insurance, and investment products, with a deep understanding of the Canadian financial landscape. He has honed his SEO skills and content marketing strategies while writing for Canadian publishing houses. Armed with a master's in Business Analytics and extensive journalistic experience, Nishadh uniquely combines data proficiency and thorough research to deliver comprehensive and accessible information.

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