eToro does not impose a specific fee for using the Take Profit (TP) feature. However, closing a position, whether manually or through a Take Profit order, may incur standard trading fees such as spreads and overnight charges.
Here are the potential costs:
The spread is the difference between the buy (ask) and sell (bid) prices of an asset. eToro incorporates this cost into the price when you open or close a position. The spread varies depending on the asset class:
| Asset Type | Spread |
| Stocks | Typically around 0.15% per side for US stocks |
| Crypto | A flat 1% fee is applied when buying or selling |
| Forex and Commodities | Can start from 1 pip for major currency pairs. |
If your position remains open overnight, you may be charged an overnight or rollover fee. This fee is calculated based on the asset and the size of your position. For example, holding a leveraged position in a cryptocurrency or stock CFD overnight would incur such a fee.
Setting a Take Profit order itself is free but closing a position through this feature may involve these trading fees that were mentioned. I suggest that you take into consideration these potential expenses when planning your trades on eToro.
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
