Last updated: February 2026
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eToro is a publicly traded (Nasdaq: ETOR), multi-asset trading platform regulated by the FCA, CySEC, ASIC, and FinCEN that offers commission-free stock and ETF trading alongside 100+ cryptocurrencies, social trading via CopyTrader, and staking rewards. With over 40 million registered users across 100+ countries and a successful IPO in May 2025, eToro has established itself as one of the most recognized names in retail investing. In this eToro review for 2026, we break down fees, features, security, copy trading, staking, and how it compares to top alternatives so you can decide whether it belongs in your portfolio strategy.
eToro at a Glance (2026)
| Feature | Details |
|---|---|
| Founded | 2007 |
| Headquarters | Tel Aviv, Israel (offices in London, Sydney, Cyprus, New York) |
| Public Listing | Nasdaq: ETOR (IPO May 2025, raised $310M) |
| Registered Users | 40+ million globally |
| Regulation | FCA (UK), CySEC (EU), ASIC (Australia), FinCEN (US) |
| Supported Cryptocurrencies | 100+ (global); varies by state in the US |
| Crypto Trading Fee | 1% per trade (buy and sell) |
| Stock and ETF Trading Fee | $0 commission |
| Minimum Deposit | $50 (US); $200-$10,000 internationally |
| Staking | Yes - ETH, ADA, SOL, TRX, MATIC, DOT, NEAR, ATOM |
| Standout Feature | CopyTrader social trading |
| Mobile App | iOS and Android (TradingView-powered charts) |
| Trust Score | 97/99 (ForexBrokers.com) |
What Is eToro?
eToro is a social trading and multi-asset investment platform founded in 2007 by brothers Yoni and Ronen Assia along with David Ring. It allows users to trade stocks, ETFs, options, and cryptocurrencies from a single account. What sets eToro apart from traditional brokers is its social investing layer - you can follow other traders, view their portfolios, and automatically copy their trades using CopyTrader.
In May 2025, eToro went public on the Nasdaq exchange under the ticker ETOR, raising approximately $310 million in its IPO. The shares were priced above the expected range and surged 29% on debut, signaling strong institutional confidence. As of 2026, eToro serves over 40 million registered users across 100+ countries and holds regulatory licenses from four major financial authorities: the UK's Financial Conduct Authority (FCA FRN 583263), the Cyprus Securities and Exchange Commission (CySEC 109/10), the Australian Securities and Investments Commission (ASIC AFSL 491139), and the US Financial Crimes Enforcement Network (FinCEN). US users trade through eToro USA LLC.
eToro Key Features
CopyTrader and Social Trading
CopyTrader is eToro's flagship feature and the primary reason many users choose the platform. It lets you automatically replicate the trades of experienced investors in real time. You can browse Popular Investors by performance history, risk score, asset class focus, and number of copiers, then allocate a portion of your funds to mirror their strategy. The minimum to copy a trader is $200, and you can copy up to 100 traders simultaneously.
Popular Investors on eToro are incentivized through a tiered reward program. Cadet-level Popular Investors earn a rebate on spreads, while Champion and Elite-level investors can earn up to 1.5% annually on their assets under management. This creates a transparent ecosystem where top performers are financially motivated to maintain their track records.
Beyond CopyTrader, every asset page on eToro includes a social feed with live discussion, sentiment indicators, and community commentary. This social layer makes eToro feel more like a trading community than a traditional brokerage - useful for gauging market sentiment and discovering new ideas. The social feed supports posts, charts, and links, and you can follow specific traders or hashtags to customize your feed.
Smart Portfolios
Smart Portfolios are eToro's managed thematic investment strategies. They bundle assets - including crypto, stocks, or a mix - into themed baskets like large-cap crypto, renewable energy, AI stocks, or equal-weighted strategies. These are professionally rebalanced and provide easy diversification without needing to manage individual positions. The minimum investment is $500, and there is no additional management fee beyond the standard trading costs.
Notable crypto-focused Smart Portfolios include CryptoPortfolio (market-cap weighted basket of top cryptocurrencies), CryptoEqual (equal-weighted crypto allocation), and Napoleon-X (AI-driven crypto strategy). For investors who believe in crypto long-term but do not want to micromanage positions, Smart Portfolios offer a genuinely passive approach.
Crypto Staking
eToro supports staking on eight cryptocurrencies: Ethereum (ETH), Cardano (ADA), Solana (SOL), Tron (TRX), Polygon (MATIC), Polkadot (DOT), Near Protocol (NEAR), and Cosmos (ATOM). Staking was launched for US users in September 2025, expanding a feature previously available only in Europe. For SOL and ADA, staking enrollment is automatic. For ETH, you need to opt in through Settings > Trading.
Rewards are distributed monthly, and the percentage you keep depends on your eToro Club tier. This is an important detail many reviews overlook - eToro takes a cut of staking yields:
| eToro Club Tier | Your Share of Staking Yield | eToro's Cut |
|---|---|---|
| Bronze | 75% | 25% |
| Silver | 75% | 25% |
| Gold | 85% | 15% |
| Platinum | 85% | 15% |
| Platinum+ | 90% | 10% |
| Diamond | 90% | 10% |
For example, if the Ethereum staking yield is 3.2% APY and you are a Bronze member, your effective yield would be approximately 2.4%. Dedicated staking platforms like Kraken typically offer higher net yields because they take smaller commissions. For a broader comparison of staking rates, see our staking rewards comparison tool.
eToro Club Tiers and Subscription
The eToro Club is a loyalty program that unlocks benefits based on your account balance or, as of November 2025, through a paid subscription. The tiers are: Bronze (default), Silver ($5,000+), Gold ($10,000+), Platinum ($25,000+), Platinum+ ($50,000+), and Diamond ($250,000+).
In November 2025, eToro launched a Club Subscription that gives any user access to Platinum-tier benefits for $4.99 per month or $49.99 per year, with a 7-day free trial. Platinum benefits include priority customer support, higher staking reward percentages, Trading Central research tools, and lower currency conversion fees. This subscription is a meaningful addition for active traders who do not meet the $25,000 balance threshold.
Stocks, ETFs, and Options
eToro offers commission-free trading on approximately 6,500 stocks from 17 global exchanges and over 700 ETFs, including spot Bitcoin ETFs that launched in January 2024. Fractional shares are supported, letting you invest from as little as $10. In 2025, eToro also introduced options trading in the US at $0 commission plus $0.65 per contract, though options tools remain basic compared to dedicated platforms like Schwab or Interactive Brokers.
The platform does not support mutual funds, bonds, futures, or forex in the US. There are no retirement accounts (Traditional IRA, Roth IRA, or 401k), no beneficiary designations, and no trust accounts. This is eToro's most significant structural limitation - it cannot serve as your primary long-term investment platform if tax-advantaged retirement savings are a priority.
Demo Account
eToro provides a free virtual portfolio with $100,000 in paper money, allowing beginners to practice trading and test strategies without risking real capital. The demo closely mirrors the live environment, including access to CopyTrader and social features. You can switch between real and virtual portfolios instantly from the main menu, which makes it easy to test new strategies before committing real funds.
eToro Fees
eToro charges 0% commission on stock and ETF trades but applies a 1% fee on all cryptocurrency trades (both buying and selling). As of mid-July 2025, crypto trading fees are shown as a separate line item rather than being embedded in the spread, making costs more transparent. Here is the full breakdown:
| Fee Type | Amount |
|---|---|
| Stock and ETF Trading | $0 commission |
| Crypto Trading | 1% per trade (buy and sell) |
| Options Trading | $0 commission + $0.65/contract |
| Crypto Transfer to Wallet | 2% (min $1, max $100) |
| Withdrawal Fee | $5 per withdrawal |
| Inactivity Fee | $10/month after 12 months of no login |
| Currency Conversion | 1.5% (non-USD deposits); reduced for higher Club tiers |
| Minimum Deposit (US) | $50 |
| Minimum Deposit (International) | $200-$10,000 depending on country |
The crypto fee structure deserves close attention. While the 1% per-trade fee is straightforward, the total cost of a round trip (buying and then selling) is 2% in fees alone, not counting any spread. For Bitcoin and Ethereum, spreads are relatively tight, but for smaller altcoins the spread can add another 1%-5%. This makes eToro considerably more expensive for crypto trading than fee-focused exchanges like Coinbase Advanced (0%-0.60%) or Kraken Pro (0%-0.40%). For stock and ETF trading, however, eToro is fully competitive with the $0 industry standard.
Security and Regulation
eToro is one of the most heavily regulated trading platforms in the industry, and its May 2025 Nasdaq listing adds an additional layer of transparency through public financial reporting requirements. The platform holds licenses from four major financial authorities:
- FCA (UK) - Financial Conduct Authority, FRN 583263
- CySEC (EU) - Cyprus Securities and Exchange Commission, License 109/10
- ASIC (Australia) - Australian Securities and Investments Commission, AFSL 491139
- FinCEN (US) - Financial Crimes Enforcement Network (Money Services Business)
ForexBrokers.com awards eToro a Trust Score of 97 out of 99, classifying it as "Highly Trusted" based on its regulatory breadth. For US users, cash balances are held in FDIC-insured bank accounts (up to $250,000 per depositor). Securities are protected by SIPC coverage (up to $500,000, including $250,000 for cash). Cryptocurrency holdings are not covered by FDIC or SIPC, which is standard across the industry.
On the security technology side, eToro uses cold storage for the majority of crypto assets, two-factor authentication (2FA) via SMS or authenticator app, SSL encryption, and conducts regular third-party security audits. The eToro Money crypto wallet provides additional security through on-chain private key management for users who want to hold crypto outside the platform.
One regulatory note: in 2023, the Italian antitrust authority (AGCM) fined eToro 1.3 million euros for misleading consumers about the costs of its services, specifically regarding the "commission-free" marketing when spreads and other fees applied. eToro has since improved fee transparency, including the July 2025 change to display crypto fees separately from spreads.
Supported Cryptocurrencies
As of 2026, eToro supports over 100 cryptocurrencies for trading. The full list includes major assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), XRP, Dogecoin (DOGE), Shiba Inu (SHIB), Polkadot (DOT), Chainlink (LINK), Litecoin (LTC), Uniswap (UNI), Aave (AAVE), Avalanche (AVAX), Polygon (MATIC), Near Protocol (NEAR), Cosmos (ATOM), Toncoin (TON), and many more. eToro also offers spot Bitcoin ETFs for users who prefer indirect exposure.
Crypto availability varies by US state due to differing local regulations. Crypto trading is not currently available in New York, Nevada, Hawaii, Puerto Rico, or the US Virgin Islands. The global platform offers an even broader selection, including CFDs on cryptocurrencies (not available to US or UK retail traders).
eToro provides the eToro Money crypto wallet as a separate app, which allows users to transfer crypto off-platform for self-custody. Supported transfer assets include BTC, ETH, XRP, LTC, BCH, XLM, and others. However, the 2% transfer fee (minimum $1, maximum $100) makes this less economical than exchanges that offer free or low-cost withdrawals. For a broader comparison of crypto availability and pricing, check out our cryptocurrency price comparison tool.
User Experience and Mobile App
eToro's interface is clean and beginner-friendly, and this is consistently recognized by industry reviewers. ForexBrokers.com named eToro the No. 1 broker for Beginners and Ease of Use in its 2025 awards. The web platform and mobile app (iOS and Android) share a consistent design with TradingView-powered charting, customizable watchlists, and social feeds integrated directly into asset pages.
Navigation is intuitive - you can search for any asset, view the social sentiment, read the "Why is it moving?" analysis (which explains recent price action in plain language), and execute trades in just a few taps. The mobile app is well-rated (4.4 stars on the App Store, 4.0 on Google Play) and includes full access to CopyTrader, Smart Portfolios, and staking. Push notifications keep you updated on price alerts, copied trader activity, and social mentions.
Where eToro falls short is advanced trading. There are no conditional order types beyond stop-loss and take-profit (both of which are mandatory on CFD trades globally), no API access for algorithmic trading, and the options interface is poorly structured compared to dedicated platforms. If you need advanced charting, conditional orders, or automated strategies, consider alternatives like Kraken or Binance.
Customer Support
eToro offers a tiered customer support system based on your eToro Club level or subscription status. All users can access the Help Center knowledge base and submit support tickets. Silver+ members get priority support with faster response times. Platinum, Platinum+, and Diamond members (or Club Subscription holders) receive a dedicated account manager, priority live chat, and access to exclusive webinars and market analysis.
Live chat is available but response times can be slow during high-volume periods, especially for Bronze-tier users. Phone support is limited to top-tier members. The Help Center covers most common questions comprehensively. For urgent account issues, eToro recommends submitting a ticket through the platform rather than using social media channels.
eToro Academy and Education
eToro has significantly expanded its educational resources through the eToro Academy, which offers structured courses on investing basics, cryptocurrency fundamentals, technical analysis, and advanced trading strategies. Courses include video lessons, quizzes, and interactive content. The Academy covers topics from "What is a stock?" to advanced concepts like yield curves and monetary policy.
StockBrokers.com highlighted eToro's educational content as notably improved in 2025-2026, specifically praising the depth and visual quality of its bond and crypto courses. Combined with the demo account and social feed, eToro provides one of the more comprehensive learning environments for beginner investors, though it still trails dedicated education platforms like Investopedia Academy.
Pros and Cons
| Pros | Cons |
|---|---|
| CopyTrader lets you mirror experienced investors automatically | 1% crypto fee is higher than Coinbase, Kraken, and most competitors |
| $0 commission on 6,500+ stocks and 700+ ETFs | $5 withdrawal fee on every withdrawal |
| 100+ cryptocurrencies with staking on 8 coins | No retirement accounts (IRA, 401k) or beneficiary designations |
| Publicly traded on Nasdaq (ETOR) - financial transparency | No mutual funds, bonds, futures, or forex (US) |
| Regulated by FCA, CySEC, ASIC, FinCEN (Trust Score 97/99) | 2% crypto transfer fee to external wallets |
| Free demo account with $100K virtual funds | $10/month inactivity fee after 12 months of no login |
| Smart Portfolios for themed, passive investing | Limited advanced trading tools and no API access |
| Club Subscription ($4.99/mo) unlocks Platinum benefits | Staking rewards reduced by 10%-25% depending on Club tier |
eToro vs Alternatives
How does eToro compare to other popular trading platforms? Here is a side-by-side look at the key differences in 2026:
| Feature | eToro | Coinbase | Kraken | Robinhood |
|---|---|---|---|---|
| Crypto Fee | 1% per trade | 0%-0.60% | 0%-0.40% | $0 (spread markup) |
| Stock Trading | $0 commission | N/A | N/A | $0 commission |
| Total Tradeable Symbols | 7,400+ | 260+ cryptos | 300+ cryptos | Stocks + 20+ cryptos |
| Copy Trading | Yes (CopyTrader) | No | No | No |
| Staking | Yes (8 coins) | Yes (10+ coins) | Yes (20+ coins) | No |
| Retirement Accounts | No | No | No | Yes (IRA) |
| Publicly Traded | Yes (Nasdaq: ETOR) | Yes (Nasdaq: COIN) | No | Yes (Nasdaq: HOOD) |
| Regulation | FCA, CySEC, ASIC, FinCEN | State MTLs, FinCEN | State MTLs, FinCEN, FCA | FINRA, SEC |
| Social Features | Full social feed + CopyTrader | Basic | None | Basic |
| Minimum Deposit | $50 | $0 | $0 | $0 |
eToro's unique advantage is CopyTrader and its social investing ecosystem - no competitor matches it for hands-off, community-driven investing. However, for pure crypto trading on fees alone, Kraken and Coinbase Advanced offer significantly lower costs. For stock-focused investors who also want retirement accounts, Robinhood is the better fit. For a detailed breakdown of exchange rates, use our exchange comparison tool.
Who Should Use eToro?
eToro is best suited for:
- Social traders who want to follow, learn from, and automatically copy experienced investors
- Beginners looking for an intuitive platform with strong educational resources and a free demo account
- Multi-asset investors who want stocks, ETFs, options, and crypto in a single account
- Passive investors interested in Smart Portfolios and CopyTrader for hands-off portfolio management
- International investors seeking a platform regulated across multiple jurisdictions
eToro is not ideal for:
- Active crypto traders who need the lowest possible fees (Kraken or Coinbase Advanced are cheaper)
- Long-term retirement planners who need IRA or 401k support
- Advanced traders who require complex order types, API access, or algorithmic trading
- Users who frequently transfer crypto to external wallets (the 2% transfer fee adds up quickly)
- Traders in New York, Nevada, or Hawaii (crypto not available in these states)
How to Get Started with eToro
- Create an account - Visit eToro and sign up with your email, Google, Apple, or Facebook account.
- Verify your identity - Upload a government-issued photo ID and proof of address. This is required by regulation and typically takes 1-3 business days.
- Deposit funds - The minimum deposit is $50 in the US. Accepted methods include bank transfer (ACH), debit card, PayPal, Skrill, and Neteller. Note that non-USD deposits incur a 1.5% currency conversion fee.
- Explore the platform - Try the demo account first to get familiar with the interface, practice CopyTrader, and test strategies risk-free with $100,000 in virtual funds.
- Start trading - Search for any asset, set your amount, and execute your trade. Or browse Popular Investors and allocate at least $200 to copy their strategy automatically.
Recent Developments (2025-2026)
eToro has undergone significant changes since mid-2025 that strengthen its competitive position:
- Nasdaq IPO (May 2025) - eToro raised $310 million and began trading on Nasdaq under the ticker ETOR, adding public company transparency and accountability.
- Fee transparency update (July 2025) - Crypto trading fees are now displayed as a separate line item rather than being embedded in the spread, making costs clearer.
- US staking launch (September 2025) - Staking for ETH, SOL, and ADA became available to US users, with TRX, MATIC, DOT, NEAR, and ATOM added subsequently.
- Club Subscription (November 2025) - New $4.99/month option unlocks Platinum-tier benefits including priority support, Trading Central, and higher staking yields.
- Educational expansion - Significantly expanded eToro Academy with new courses on bonds, monetary policy, and advanced crypto strategies.
- Options trading - Launched options for US users with $0 commission plus $0.65 per contract.
Frequently Asked Questions
Is eToro safe and legit?
Yes, eToro is a legitimate and well-regulated platform. It is publicly traded on the Nasdaq exchange (ticker: ETOR) and holds licenses from four major financial authorities: FCA (UK), CySEC (EU), ASIC (Australia), and FinCEN (US). US cash deposits are FDIC-insured up to $250,000, and securities are covered by SIPC up to $500,000. ForexBrokers.com gives eToro a Trust Score of 97 out of 99, classifying it as "Highly Trusted." The platform has been operating since 2007 and serves over 40 million users globally.
What are eToro's fees for cryptocurrency?
eToro charges a flat 1% fee on every crypto trade (both buying and selling). As of July 2025, this fee is displayed separately rather than being embedded in the spread. The total round-trip cost (buy + sell) is 2% in fees alone, plus any spread, which varies from approximately 0.75% for Bitcoin to 5% for smaller altcoins. Transferring crypto to the eToro Money wallet costs an additional 2%. This makes eToro more expensive for crypto than fee-focused exchanges like Coinbase Advanced (0%-0.60%) or Kraken (0%-0.40%).
Does eToro offer staking?
Yes, eToro supports staking on eight cryptocurrencies: Ethereum, Cardano, Solana, Tron, Polygon, Polkadot, Near Protocol, and Cosmos. Staking launched for US users in September 2025. Rewards are distributed monthly, and the percentage you keep depends on your eToro Club tier - Bronze and Silver members keep 75% of the yield, Gold and Platinum keep 85%, and Platinum+ and Diamond keep 90%.
Can I use eToro in the United States?
Yes, eToro is available in the United States through eToro USA LLC, registered with FinCEN. US users can trade stocks, ETFs, options, and 100+ cryptocurrencies. However, cryptocurrency availability varies by state due to local regulations, and crypto trading is currently not available in New York, Nevada, Hawaii, Puerto Rico, or the US Virgin Islands. CFDs are not available to US users - all trades are for the underlying asset.
Is eToro good for beginners?
Yes, eToro is one of the best platforms for beginners in 2026. ForexBrokers.com named it the No. 1 broker for Beginners in its 2025 awards. Its interface is clean and intuitive, the social feed provides educational context, the eToro Academy offers structured courses, and the free demo account with $100,000 in virtual funds lets you practice risk-free. CopyTrader is especially useful for beginners who want market exposure while learning from experienced investors.
What is the minimum deposit on eToro?
The minimum deposit on eToro is $50 for US users. International minimums vary by country: $200 in most of Europe and Australia, and up to $10,000 in some regions. eToro accepts bank transfers (ACH in the US), debit/credit cards, PayPal, Skrill, and Neteller. Non-USD deposits are subject to a 1.5% currency conversion fee, which is reduced for higher Club tiers.
How does eToro CopyTrader work?
CopyTrader lets you automatically replicate the trades of other eToro users in real time. You browse Popular Investors by their historical performance, risk score, portfolio composition, and number of copiers, then allocate at least $200 to copy their strategy. When they open or close a trade, the same action is proportionally executed in your account. You can set a Copy Stop Loss to limit your downside, pause copying at any time, or manually close individual positions. You can copy up to 100 traders simultaneously.
How does eToro compare to Coinbase?
eToro offers both crypto and stocks with social trading features, while Coinbase is a dedicated cryptocurrency exchange with lower trading fees (0%-0.60% vs 1%) and a larger coin selection (260+ vs 100+). eToro wins on social features, CopyTrader, and multi-asset investing. Coinbase wins on crypto fees, coin variety, and advanced trading tools through Coinbase Advanced. Both are publicly traded on Nasdaq and regulated in the US. See our full exchange comparison for details.
Final Verdict
eToro earns its reputation as the leading social trading platform. In 2026, with its successful Nasdaq IPO, 100+ cryptocurrencies, staking on 8 coins, commission-free stocks, the new Club Subscription, and the unique CopyTrader feature, it offers a compelling all-in-one package for investors who value community, convenience, and a proven brand. The 1% crypto fee and $5 withdrawal fee are real drawbacks, and the absence of retirement accounts limits its role as a primary investment platform for long-term wealth building.
But as a secondary account for social-driven investing, crypto exposure, passive strategies via CopyTrader and Smart Portfolios, or as a beginner's first brokerage, eToro delivers genuine value that no competitor currently matches. The platform's transparency has improved markedly since its IPO and fee structure overhaul, and features like the Club Subscription make premium tools accessible to a broader audience.
Rating: 4.0/5 - Best for social traders, beginners, and multi-asset investors who value community-driven investing.
