Signing up for an eToro account is free and there are no hidden setup costs. But if you want to actually start trading, you’ll need to make a deposit. For US and UK residents, the minimum first deposit is $50.
Your first deposit amount depends on where you’re located. For many regions and countries (including the US and UK), the initial deposit is $50, and the same goes for future top-ups.
Keep in mind: Some countries may require a higher amount to get started. So, check your local requirements before funding your account.
Need some info about the fees? Let’s get into the real numbers:
| Fee | Description |
| Spreads | This is the gap between the buy and sell price of an asset. eToro’s spreads vary depending on what you’re trading. For major forex pairs like EUR/USD or USD/JPY, spreads typically start from 1 pip. |
| Stock Trading Fees | Want to invest in stocks? You’ll usually pay a flat commission, either $1 or $2, depending on where you live and which exchange you're trading on. |
| Withdrawal Fee | eToro charges a $5 flat fee per withdrawal. Doesn’t matter if you’re taking out $100 or $10,000. |
| Currency Conversion | Since your account is in USD, deposits or withdrawals in another currency will trigger a conversion fee. The percentage varies based on the payment method and currency used. |
| Inactivity Fee | Don’t ghost your account. If there’s no login activity for 12 straight months, you’ll be charged $10 per month until you log back in or run out of balance. |
Also a heads up
eToro’s fees and terms can differ depending on your country. To avoid surprises, I recommend that you double-check the details directly on eToro’s official website or reach out to their support team for region-specific info about opening an eToro trading account.
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 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.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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 hasbeen prepared by our partner utilizing publicly available non-entity specific information about eToro.
About Mike Druttman
