Yes, eToro charges fees when you trade indices, primarily through spreads, overnight fees, and commissions on leveraged positions. Most of them aren’t hidden, but you’ll want to know where your costs are coming from before you jump in.
Here are the fees in detail:
This is the built-in cost, the difference between the buy and sell price of the index. It’s how eToro makes part of its money on each trade. Spreads vary based on the index and current market volatility.
Worth noting: eToro’s spreads on index CFDs can run a bit higher than some other brokers.
Hold a position past market close? You’ll get hit with a daily overnight fee. These are tied to the total value of your position and fluctuate with the markets. On Fridays, that fee is tripled to cover the weekend. Plan accordingly.
If you’re using leverage on an index trade, expect a 0.09% commission, which is calculated on the full trade value. That applies when opening and closing the position.
Some personal note:
These fees change depending on market conditions, index type, and trade size. I recommend that you check the latest fee details directly on eToro before placing a trade. It’s all listed in the platform.
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
