Wikitoro author Wikitoro Team Written by Wikitoro Team
Wikitoro fact checker Mike Druttman Fact checked by Mike Druttman
Updated Mar, 2024


As an Australian investor who has navigated the complexities of various trading platforms, I've found eToro to be a standout choice for those in our region looking to delve into the world of trading and investing. This platform, renowned for its global presence in over 100 countries, offers a unique and user-friendly experience tailored to the needs of Australian traders.

In this comprehensive overview, I'll share insights and essential information about eToro, gathered from my personal experience and thorough research, to guide fellow Australians embarking on their trading journey. My aim is to provide you with a well-rounded perspective, highlighting the nuances of using eToro in Australia, so you can trade with confidence and informed understanding.

Open an account!

51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.



Key details for eTor Australia traders
🇦🇺 Accepts Australian Traders✔️
💰 Minimum Deposit$50
🛍️ Market TypesStocks, Commodities, Currencies, Indices, Crypto, ETFs
🏢 Company NameeToro AUS Capital Limited
📍 AddressLevel 3/60 Castlereagh St, Sydney NSW 2000, Australia
🏛️ RegulationAustralian Securities & Investments Commission (Australian Financial Services Licence number 491139)


Is eToro Regulated in Australia?

Yes, eToro is a fully regulated trading platform in Australia. eToro AUS Capital Limited, the corporate arm operating in Australia, is supervised by the Australian Securities & Investments Commission (ASIC), granting it the ability to provide certain financial services.

Regardless of whether you're based in New South Wales, Victoria, Tasmania, Western Australia, South Australia, or Queensland, as long as you're an Australian citizen, of legal age and residing in Australia, you're eligible to open an account.


Office in Australia

So where is eToro Australia located? It was interesting to know that this broker maintains a physical office in Sydney, operating under the name eToro AUS Capital Limited. This office is located in Syndey.


Phone Number

eToro's dedicated customer service is just a toll-free call away at 1-800-778-439 for their Australian clients. Other ways to reach them include:

  • Support ticket: After logging into your account, you can raise a case using your registered email address.
  • Live chat: This service is available 24/5 (weekdays only).
  • Email: You can directly send them a message to

These channels can be accessed via the Customer Service Center page or by visiting


Deposit Options for Australians

Australian investors have multiple options to fund their eToro account:

  • Credit/debit cards
  • PayPal
  • Bank transfer
  • POLi

Bear in mind that all transactions are processed in USD. Any deposits in AUD will be automatically converted to USD, incurring a small conversion fee.

A first-time deposit of $50 (around 75 AUD) is needed to start trading. For subsequent deposits, the same minimum amount applies. However, bank transfers require a minimum of $500.


Fees for Australia Clients

eToro's fees for Australian traders are consistent with those for other countries. For instance, there's an overnight fee for holding a CFD position open over the weekend. Moreover, if your eToro account remains inactive for a year, a monthly charge of $10 will be levied as an inactivity fee.


Withdrawal Fees for AU Traders

When you're ready to withdraw funds from your eToro account, remember that the minimum withdrawal amount is $30. Each withdrawal transaction is subject to a fixed fee of $5, no matter how much you decide to withdraw - whether it's $30, $100, or $500. Enjoy the simplicity of a flat-rate fee per transaction.


Tradable Products Available for AU Residents

A common query is, "what products can I trade on eToro Australia?" The platform offers access to over 5,000 financial instruments across various asset classes, including innovative features like the CopyTrader system and Smart Portfolios.

Regarding the question, "can I buy Bitcoin from eToro in Australia?" the answer to that is yes and can start buying this crypto with a just minimum investment of just $10.


Trading Australian Stocks on eToro

eToro offers a selection of Australia's leading companies across various sectors like financial services, telecoms, mining, consumer goods and real estate. There are over 120 ASX-listed stocks and these include the following:

  • BHP Group Limited (BHP.ASX)
  • Qantas Airways Limited (QAN.ASX)
  • National Australia Bank Limited (NAB.ASX)
  • Macquarie Group Limited (MQG.ASX)
  • Commonwealth Bank of Australia (CBA.ASX)
  • Telstra Group Ltd (TLS.ASX)
  • Westpac Banking Corporation (WBC.ASX)
  • Rio Tinto Group (RIO.ASX)

Please note, trading in actual stocks is only available without leverage. Leveraged stock positions are treated as CFD or contract for difference.


Leverage Options

When it comes to leveraging your investments, you might be curious about what is the leverage on eToro Australia. It's important to note that leverage varies depending on the financial instrument. For major currency pairs, the maximum leverage offered is X30, enhancing your market exposure.


Registration for AU Residents

If you're considering joining and wondering, "how do I open an eToro Australia account?" you'll be pleased to know that the registration process is straightforward and can be completed online in just a few minutes. The initial registration requires only a few details, streamlining your entry into the world of online trading.

It's important to agree to the financial terms, disclosure statement, and services guide of eToro AUS and eToro Service (by eToro AM). This is the entity regulated by ASIC, so confirm that this is the right company.


Insurance Coverage

For those concerned about security and asking, "is eToro insured in Australia?" Yes, this broker provides insurance coverage. This insurance goes up to 1 million AUD for certain positions under specific conditions, as outlined in their policy. However, this benefit is exclusive to certain Club members of eToro AUS Capital Limited.


Top eToro Australian Traders

Wondering who are the best eToro traders to copy in Australia? The Popular Investor program features numerous successful Australian traders, some of whom have been active on the platform since 2016.


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.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. 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.

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.

Wikitoro author Wikitoro Team About Wikitoro Team

The Wikitoro Team is a dynamic group of five seasoned eToro traders who have been actively using the platform since 2018. As pioneers in establishing the Wikitoro wiki site, we are dedicated to ensuring the accuracy and reliability of the information we provide. Our team regularly verifies data and content from our authors and contributors, taking turns to meticulously review each piece. Our commitment is to offer our readers factual and precise information, reflecting our extensive experience and deep understanding of the eToro platform.

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51% of retail investor accounts lose money