Etoro

$10 minimum investment amount

Investment platform offering fractional shares.

*The value of your investment can go down as well as up, and you can get back less than you originally invested.

Check the website

Platform Details

All investment platforms are made differently. It's important to understand what features are on offer and the features that best align with your needs.

Collapsible content

1. Cost & Fees

The cost to use eToro includes various fees and charges, which are outlined below:

Stocks and ETFs: eToro does not charge commission fees for trading stocks and ETFs. There are also no account management fees or minimum trade fees​.

Crypto Trading Fees: There is a 1% fee for buying or selling cryptocurrencies, which is included in the displayed price when you open or close a position.

Spread: This is the difference between the buy and sell prices of an asset. The spread varies depending on the asset and market conditions. For example, it can range from 0.75% to 5% for cryptocurrencies​.

Withdrawal Fee: There is a $5 fee for each withdrawal request. The minimum withdrawal amount is $30​.

Inactivity Fee: A $10 monthly fee is charged after 12 months of no login activity. This fee applies to users who hold assets on their eToro account​.

Conversion Fees: These apply to deposits and withdrawals made in currencies other than USD. The fee ranges from 0.025% to 1% depending on the currency pair​.​

For more detailed and specific information, you can visit https://www.etoro.com/

2. Minimum amount needed to invest 

The minimum deposit is $10 for the first deposit if done by debit card or bank account connection. Subsequent deposits have a minimum of $50.

Minimum Trade Amount:

Stocks and ETFs: The minimum trade amount is $10.

Cryptocurrencies: You can trade cryptocurrencies like Bitcoin and Ethereum starting from $10​.

Other Assets (e.g., commodities, currencies, indices): These typically require a larger minimum trade size, usually around $1,000 due to the leverage involved​.

eToro also imposes a $5 withdrawal fee with a minimum withdrawal amount of $30. Additionally, there are no deposit fees for most funding methods, but currency conversion fees may apply if deposits are made in a currency other than USD​.

For more detailed and specific information, you can visit https://www.etoro.com/

3. Number of funds and stocks available

On eToro, users can access a wide variety of investment options, including:

  • Over 3,250 stocks from 17 different markets
  • Access to more than 270 ETFs
  • Trading in 24 different cryptocurrencies

For more detailed and specific information, you can visit https://www.etoro.com/

4. Types of securities available

eToro offers a diverse range of securities for trading and investment, including:

  • Stocks
  • ETFs (Exchange-Traded Funds)
  • Cryptocurrencies
  • Indices
  • Commodities
  • Currencies (Forex)
  • CFDs (Contracts for Difference)
  • Options

For more detailed and specific information, you can visit https://www.etoro.com/

5. Does the platform offer individual stocks?

Yes

For more detailed and specific information, you can visit https://www.etoro.com/

6. Types of investment accounts available 

eToro offers several types of investment accounts tailored to different trading needs and preferences. Here are the main types:

Retail Account: The standard account for individual investors, offering access to eToro's full range of products and services, including stocks, ETFs, cryptocurrencies, commodities, indices, and forex trading.

Professional Account: For experienced traders who meet specific criteria (such as trading volume and financial portfolio size). This account offers higher leverage and other benefits but comes with fewer regulatory protections​

Islamic Account: A swap-free account designed for traders who adhere to Islamic finance principles. It does not incur overnight interest fees on positions.

Demo Account: Provides users with $100,000 in virtual money to practice trading without risking real funds. It is useful for new traders to learn the platform and test strategies​.

For more detailed and specific information, you can visit https://www.etoro.com/

7. Does the platform offer automatic portfolio rebalancing?

eToro offers automatic portfolio rebalancing through its Smart Portfolios and CopyTrader features.

For more detailed and specific information, you can visit https://www.etoro.com/

8. Does the platform offer a mobile app?

Yes

For more detailed and specific information, you can visit https://www.etoro.com/

9. Is the platform insured by the Securities Investor Protection Corporation (SIPC)?

Yes

For more detailed and specific information, you can visit https://www.etoro.com/

10. How to pick an investment platform

Key factors to consider when choosing an investment platform:

  • Fees and commissions
  • Available investment options
  • User interface and ease of use
  • Customer support options
  • Security measures in place
  • Research and analysis tools available
  • The platforms reputation and track record
  • A platform that aligns with your investment goals
  • A platform that aligns with your risk tolerance

*The value of your investments can fall as well as rise and past performance is not a guide to future performance.

11. How to pick an investment fund

Key factors to consider when choosing an investment fund:

Investment Objectives: Clearly define your investment goals and time horizon. Different funds cater to various objectives, such as growth, income, or a balanced approach.

Risk Tolerance: Assess your risk tolerance. Some funds are more conservative, while others are more aggressive. Choose a fund that aligns with your comfort level for risk.

Diversification: Look for funds that provide a diversified portfolio. Diversification helps spread risk across different asset classes, reducing the impact of poor performance in any single investment.

Fund Type: Understand the type of fund you're considering. Common types include mutual funds, exchange-traded funds (ETFs), index funds, and actively managed funds. Each has its own characteristics and management styles.

Performance History: Review the fund's historical performance. While past performance doesn't guarantee future results, it can give you insights into how the fund has performed in various market conditions.

Expense Ratio: Consider the fund's expense ratio, which represents the annual fees and operating expenses as a percentage of the fund's assets. Lower expense ratios generally translate to lower costs for investors.

Manager's Track Record: For actively managed funds, assess the track record and experience of the fund manager. Consistent and experienced management can be an indicator of the fund's potential.

Benchmark Comparison: Compare the fund's performance against a relevant benchmark index. This helps you evaluate whether the fund is outperforming or underperforming its peers.

Distribution History: For income-focused funds, check the fund's distribution history. Understand how often and how much income the fund has distributed in the past.

Size of the Fund: Consider the size of the fund. While a large fund may offer stability, it could also face challenges in deploying capital efficiently. Conversely, a small fund might be more nimble but could face liquidity issues.

Redemption Fees and Liquidity: Be aware of any redemption fees or liquidity constraints. Some funds may charge fees for early withdrawals, and illiquid funds may have limitations on how quickly you can access your money.

Tax Efficiency: Assess the fund's tax efficiency, especially if you're investing in a taxable account. Funds with low turnover and tax-efficient strategies can help minimize tax implications.

Distribution Method: Determine whether the fund distributes income and capital gains periodically or reinvests them. Your preference might depend on your financial goals and tax situation.

Reviews and Ratings: Read reviews and ratings from reputable sources, such as Morningstar or Lipper. These sources provide independent assessments of funds based on various criteria.

Exit Strategy: Understand the fund's exit strategy. If your investment goals change, ensure that the fund allows for a smooth exit without excessive penalties.

*The value of your investments can fall as well as rise and past performance is not a guide to future performance.

12. Understanding Fees

Understanding investing fees is essential for investors to make informed decisions and maximize their investment returns.

Here are some common investing fees you should be aware of:

Management Fees: These fees are charged by investment managers or advisors for managing your investment portfolio. Management fees are typically charged annually as a percentage of the assets under management (AUM). They cover the cost of research, analysis, and portfolio management services provided by the investment professional.

Expense Ratios: Expense ratios represent the annual operating expenses of mutual funds, exchange-traded funds (ETFs), and other investment funds as a percentage of the fund's average net assets. These expenses include management fees, administrative costs, and other operational expenses. Expense ratios are deducted from the fund's returns and directly impact investors' net returns.

Front-End Loads: Front-end loads are sales charges or commissions paid when purchasing mutual fund shares. Front-end loads are deducted from the initial investment amount before the remaining funds are invested in the fund. These fees are typically expressed as a percentage of the investment amount and are paid to the investment advisor or broker who sold the fund.

Back-End Loads (Deferred Sales Charges): Back-end loads are sales charges or commissions paid when redeeming or selling mutual fund shares within a specified period after purchase, typically within a few years. Unlike front-end loads, back-end loads are not deducted at the time of purchase but are applied when investors sell their fund shares. These fees often decline over time and eventually reach zero after the specified holding period.

Transaction Fees: Transaction fees are charged by brokerage firms or trading platforms for buying or selling securities, such as stocks, bonds, options, or mutual funds. These fees can vary depending on the type of transaction, the size of the trade, and the brokerage firm's fee structure. Transaction fees can significantly impact the overall cost of trading and should be considered when executing investment transactions.

Advisor Fees: Advisor fees are charges levied by financial advisors or investment professionals for providing investment advice and financial planning services. Advisor fees can be charged as a flat fee, hourly rate, or as a percentage of assets under management (AUM). These fees compensate advisors for their expertise and guidance in managing clients' investment portfolios and financial affairs.

Account Maintenance Fees: Some brokerage firms or investment platforms may charge account maintenance fees for managing or maintaining investment accounts. These fees are typically assessed on an annual or quarterly basis and cover administrative expenses associated with account management, record-keeping, and customer service.

*Understanding and minimizing investing fees is crucial for maximizing investment returns over the long term. Investors should carefully review fee disclosures, compare fee structures across different investment options, and consider the impact of fees on their investment performance and overall financial goals.

  • Stash Invest

    $5 minimum investment amount | Investment platform that offers personalized investment advice.

    Learn More 
  • Ellevest

    $1 minimum investment amount | Investment platform built for women.

    Learn More 
  • Acorns

    $5 minimum investment amount | Investing platform that offers a round-up feature.

    Learn More