eToro fees explained: trading costs, accounts and commissions

What Account Types Does eToro Provide?

This section focuses on eToros account structure and eToro fees. Based on official pages such as Fees, Demo Account, Currency Accounts, and Professional Account, we verified that eToro mainly offers a single retail account (default USD currency, with GBP/EUR available in the UK and EU). A demo account with $100,000 virtual funds is provided for practice. Qualified clients may apply for Professional status, unlocking higher leverage, depending on the regulations.

On fees, eToro specifies: withdrawals (GBP/EUR free; USD accounts $5 with $30 minimum), inactivity fee ($10/month after 12 months without login), currency conversion fees, and asset-specific trading costs (stocks $1–$2 commission, ETFs free, crypto 1% buy/sell, CFDs via spreads and overnight fees). We compiled this into comparison tables for a clear overview.

What Are the Account Options, Base Currencies, and Use Cases?

eToro offers a retail investment account as the default option. UK/EU clients may also open GBP or EUR currency accounts, while global clients operate in USD. All accounts can toggle between real and demo mode, with the demo account credited with $100K virtual funds. This demo environment reflects live market conditions and supports CFDs, leverage, and copy trading. Traders who meet strict criteria (experience, capital, frequency) can apply for Professional client status for additional flexibility, such as higher leverage.

Our verification process: We checked eToros Currency Accounts, Demo Account, and Professional Account pages, confirming account types, $100K demo funds, and eligibility rules.

etoro fees: Trading and Non-Trading Costs Compared

eToro divides its costs into trading fees (commissions, spreads, overnight fees, crypto charges) and non-trading fees (withdrawal, inactivity, conversion). Stocks and ETFs differ from CFDs/crypto: ETF trades are commission-free, while stocks may carry $1–$2 commission depending on country/exchange. USD withdrawals carry a fixed $5 fee with $30 minimum, while GBP/EUR withdrawals are free. Inactivity costs $10/month after 12 months without login. Conversion fees depend on payment method, region, and eToro Club tier.

Risk note: Contracts for Difference (CFDs) carry leverage risks and overnight financing costs. eToro discloses that 61% of retail investor accounts lose money when trading CFDs. Consider this before using leverage or CopyTrader.

FAQs About eToro Accounts and Fees

Q1: Does eToro offer multi-currency accounts? How can I reduce conversion fees?

A: Yes. All clients can open a USD account, while UK/EU residents can also open GBP/EUR accounts. Keeping deposits, trades, and withdrawals in the same currency reduces conversions. eToros auto-invest plan lowers conversion fees to 0.75%.

Q2: What is the difference between stock and ETF fees?

A: ETFs are commission-free for spot trades, while stocks may carry $1–$2 commissions depending on region. If you short or leverage them, the positions are opened as CFDs, with spreads and overnight fees instead.

Q3: How much virtual money does the demo account provide?

A: The demo account comes with $100,000 virtual funds. It reflects live market conditions and allows practice with CFDs, leverage, and copy trading. Switching between real and demo accounts is seamless.