eToro fees, explained as simply as possible

Learn if and how eToro’s fee structure applies to your deposits, withdrawals, and trades.

Investment account fees

Account opening fee
Free
Management fees
Free
Withdrawal fee
Free or $5

eToro charges a fixed fee for For withdrawals from GBP and EUR accounts to an external account, there is no fee.
For withdrawals from a USD investment account to external accounts, eToro charges a fixed $5 fee, to cover some of the expenses involved in international money transfers.
Minimum withdrawal amount: $30 from a USD account, and no minimum from GBP and EUR accounts., to cover some of the expenses involved in international money transfers.
Minimum withdrawal amount: $30

Inactivity fee
$10/month

This monthly fee applies to accounts with no logins in the previous 12 months.

eToro Club members are eligible for discounts or exemptions on fees

Conversion fees

On eToro, you can hold funds in a GBP or EUR account as well as in a USD account.

Currency conversions may be needed in the following scenarios:

– Depositing or withdrawing in a different currency to your eToro account

– Transferring between your GBP or EUR account and your USD account

– Trading an asset that’s in a different currency to your eToro account

Conversion fees can vary depending on location, payment method, and Club level.

Details here.

Stocks

A commission fee of $1 or $2 may apply when opening and closing a stock position, depending on your country of residence and the stock exchange on which the asset is traded.

Positions opened before the fee implementation date in your country will not incur a fee when closing.

Stock commission fees in USD

Choose your country

Please note that commission fees:
– Are calculated in USD, regardless of the base currency of the stock being traded
– Do not apply to CFD positions
– Do not apply to ETFs
– Do not apply to Copy trading or Smart Portfolios


You can view commissions and other fees by tapping “estimated cost” on the trade execution screen.

eToro spread fee
Free
Market Spread

A market spread is the difference between an asset’s buy (bid) and sell (ask) prices when trading, without any additional markups by eToro (Spread fee). It is not a separate charge by eToro, rather a reflection of current market conditions.

Overnight fee
Free
Custody fee
Free
Stamp Duty Reserve Tax
0.5%

Stamp duty is a regulatory transaction tax levied by the UK government on the electronic purchase of all UK-listed stocks.

Short-selling orders and leveraged positions on stocks are executed as CFDs and incur CFD spreads and overnight fees.
Due to product restrictions, some non-leveraged BUY positions in stocks are also executed as CFDs, and these positions incur CFD spreads. CFD positions on stocks do not incur a commission fee.
Any CFD trade will be marked “CFD” in the trade execution window.

Stock Lending

How much can I earn from stock lending on eToro?

Many factors influence the amount of payment you may receive from stock lending, making it difficult to estimate how much someone can earn from the process.

When opting in, you allow eToro to consider your entire portfolio for lending. Shares are lent according to market demand. It’s possible that none of your shares are loaned during a particular month, which would produce no payment, but it’s also possible that your entire portfolio is lent, and you receive a larger payment that month.

There are no additional fees for participating in the stock lending programme, other than the third-party facilitation/ liquidity costs.

How is the stock lending revenue calculated?

If your shares are in demand and lent out, the general formula for calculating the gross daily amount earned (prior to any deduction of third-party costs, revenue shared with eToro etc.) on a lent position is as follows:

Daily gross revenue amount = asset closing price × number of units × (lending fee rate % / 365)

Example:

If you wanted to calculate the lending revenue for Tesla Inc., assuming the following data doesn’t change for the duration of a 112-day loan:

Asset closing price = $350
Number of Units = 2,000,
Lending Rate (%) = 1%,
Price = $350,
Third-party facilitation fee (%) = 15% ,and
Days on Loan = 112.

Daily gross revenue amount = $350 x 2,000 x 1% / 365= $19.18
Third-party Facilitation fees = $19.18 x 15% = $2.88
Net lending revenue = $19.18 – $2.88 = $16.30
Retained by eToro = $16.30 x 50% = $8.15
Customer’s daily net revenue = $16.30 x 50% = $8.15
Customer’s net revenue for a 112-day loan = $8.15 × 112 = $912.80

The third-party facilitation fee (%) is currently set at 15% but may change in the future.

Note that the lending fee rate can change for the same lent shares over the duration of the loan. In securities lending, the fee rate is often variable and can be adjusted periodically based on market conditions, supply and demand for the shares, and other factors. For example, if the lending fee rate starts at 1% and then changes to 1.2% halfway through the loan period, you would calculate the revenue for the first half using the 1% rate and for the second half using the 1.2% rate, then sum the two amounts to get the total revenue.

ETFs

We charge zero commission for ETF trades. This applies to any transaction regardless of size and the way in which your order was entered: manually, via CopyTrader, or Smart Portfolios.
*The general account fees mentioned above will apply.

Commission
Free
eToro spread fee
Free
Market Spread

A market spread is the difference between the buy (bid) and sell (ask) prices of an asset when trading, without any additional markups by eToro (Spread fee). It is not a separate charge by eToro, rather, a reflection of current market conditions.

Overnight fee
Free
Custody fee
Free

Short-selling orders and leveraged positions on ETFs are executed as CFDs and incur CFD spreads and overnight fees.
Due to product restrictions, some non-leveraged BUY positions in ETFs are also executed as CFDs, and these positions incur CFD spreads. Any CFD trade will be marked “CFD” in the trade execution window.

Crypto

When buying cryptoassets on eToro, you gain ownership of those assets.
eToro charges a single, simple and transparent fee of 1% for buying or selling crypto.

Buy/Sell Fee
1%
Market spread

The market spread is the difference between the bid and ask prices, and can vary depending on market conditions, although this is not a cost charged by eToro. 

Overnight fee
Free
Custody fee
Free
Cryptoasset transfer fee
2%

A fee is applied when you transfer your cryptoassets to your eToro Money crypto wallet.

Note: The fee has a minimum/maximum cap, details here.

Short selling and leveraged positions on crypto are executed as CFDs. Due to regulatory requirements, some non-leveraged BUY positions in crypto may be executed as CFDs.

Crypto CFD positions do not entail ownership of the assets and incur overnight fees, as detailed here.
Non-leveraged CFD crypto positions opened by German clients will not incur overnight fees. 
Any CFD trade will be marked ‘CFD’ in the trade execution window.

Following Terra’s implementation of a 0.2% tax burn mechanism, an operational fee of 0.1% will be added to eToro’s bid and ask prices for LUNC, on top of the standard 1% fee that is calculated when buying or selling cryptoassets on eToro. More information here.

For all users eligible to receive further distributions of Flare tokens: Please note that eToro retains a service fee on each periodic distribution to cover the various operational, technical, and legal costs involved.

For customers residing in Germany: Buy/Sell Fees for cryptoassets are charged by DLT Finance; cryptoasset transfers and associated fees are processed and charged by Tangany GmbH. Please refer to the terms and conditions of both DLT Finance and Tangany GmbH, available on our website.

Learn more about where eToro’s crypto prices come from.

CFDs

CFDs (Contract for Differences) offer a versatile method for trading various assets, enabling strategies such as short selling. Additionally, these positions can be leveraged for enhanced flexibility.
CFD trading does not involve the acquisition of real assets, and incurs spreads and overnight fees.

eToro spread fee
Varies

The spread is the difference between the buy and sell prices of a certain asset. Spreads are a common way in which trading platforms charge fees.

Click here for a full list of CFD spreads.

Market spread

The market spread is the difference between the bid and ask prices, and can vary depending on market conditions, although this is not a cost charged by eToro.

Overnight fee

CFD positions that stay open overnight may incur a fee, relative to the value of the position. This is the interest paid for holding the CFD position.

Click here for a full list of overnight fees.

When opening a trade, the spread and overnight fees will be listed at the bottom of the execution screen.

* From August 2, 2024, in line with guidance from the National Securities Market Commission (CNMV), new users from Spain will not be able to trade CFDs.

Copy trading

Replicate the investment moves of other traders in real-time, automatically.

No extra fees or hidden costs.

The same spreads and overnight fees apply to positions opened via CopyTrade as with regular manual trades.

Investing in leading, thematic ready-made portfolios.

No management fees or any kind of commission

Other than those applied with assets comprising each portfolio. Stock portfolios are commission-free.

eToro GBP/EUR Account

GBP or EUR accounts give you the freedom to deposit and trade with both GBP or EUR and USD. You can trade GBP or EUR assets with no conversion fees, and hold cash in GBP or EUR and USD to manage your currency exposure. UK Club members can also get an exclusive eToro Visa debit card. Check availability here.

Account FeesGreen (Non-club & Silver-Platinum Tiers)Black (Platinum+ & Diamond Tiers)
Account Opening / ClosingFreeFree
Account maintenanceFreeFree
SEPA Transfers (In and Out)FreeFree
Card FeesGreen (Silver-Platinum Tiers)Black (Platinum+ & Diamond Tiers)
ATM£2,000 p/m free – 1% after£10,000 p/m free – 1% after
FXMarket leading exchange rates*
Card issue & maintenance feeFreeFree
Card payment feesFreeFree
Replacement card fee£10£80
1st Card delivery RegularFreeFree
1st Card delivery UrgentFreeFree
Replacement Card delivery regularFreeFree
Replacement Card delivery urgentFreeFree
Chargebacks – if failsFreeFree
Chargebacks – if not failsFreeFree
POS DomesticFreeFree
* FX competitiveness based on research by eToro. Learn more about card FX rates and terms here.

Click here for information about Account Activity Limits

Get eToro Money

eToro Money Crypto Wallet

For all information about eToro Money crypto wallet fees and limits, click here

Open/close eToro Money crypto wallet
Free
Send/receive transaction fees
Free

Limits: Transactions of all supported cryptoassets have a permitted maximum of $50,000 per transaction, and an overall daily maximum limit of $200,000.

Cost & Charges Examples
Download PDF

Is eToro free?

You can join eToro for free and any registered user receives a $100,000 demo account for free.

However, like all online platforms, eToro charges various spreads and fees for some trades and withdrawals, as mentioned on this page.

Is there a minimum fee per trade?

No. Unlike other brokers, eToro does not charge a minimum trade or ticket fee on any of its asset types.
The above-mentioned spreads or fees apply to any position, no matter how big or small.

How does the crypto fee work?

In your portfolio, the displayed P&L includes the 1% buy fee that you just paid and the 1% sell fee you will pay when you close the position.
Note: When you close the position, the sell fee is adjusted to reflect the market price of the cryptoasset at that time.
Read more.

What is a bid/ask rate for CFDs?

Bid and ask rates are equivalent to BUY/SELL prices on eToro. When a position is long (BUY), the ASK rate is applied. When a position is short (SELL), the bid rate is applied.

What are overnight fees for CFDs?

CFD positions that stay open overnight may incur a small fee, also known as a rollover fee, relative to the value of the position. It is essentially an interest payment to cover the cost of the leverage that you use overnight. Learn more here.

What are weekend fees for CFDs?

Weekend fees are overnight fees that are charged for keeping positions open over the weekend, and are triple (x3) the overnight fee.

When do I pay overnight/weekend fees?

Overnight fees are charged every night between Monday and Friday at 22:00 UK time for open CFD positions. 

Weekend fees (x3) are charged either on Wednesday or Friday, depending on the asset: Wednesdays for most commodities and currencies and Fridays for most stocks, ETFs and indices. Weekend fees for oil and natural gas are charged on Fridays

Overnight fees for cryptocurrencies are charged daily.

Can daily overnight/weekend fees, on CFDs, change?

Overnight fees change from time to time based on global market conditions. When this happens, we will implement the changes. Please be aware that fee changes always apply to open positions. We encourage you to keep up to date with the current overnight fees/refunds by checking this page. Please note that fees may change without advance notice.

How are overnight fees calculated for different base currencies?

Interest rates vary between currencies. We apply a different benchmark rate depending on the currency of the CFD your position is held in. Learn more here.

Where can I see the overnight fees on CFDs that I have to pay?

Overnight fees appear at the bottom of the trade window when opening a new trade.

Where can I see the fees that I paid?

In your portfolio page, on the history tab, you can see the fees that were paid for each trade as well as aggregated fees for different periods.

In regards to CFDs, when do I pay the spread?

As soon as you open a new trade, you will see a “loss” in the position  — this is due to the spread. However, the final calculation of the spread is made when you close the position and it is adjusted at that moment, according to the closing price.

Find more FAQ’s here.

How are fees, on CFDs, calculated?

Spread:

Spread * Price in USD * Number of units

Overnight fees (per night):

Fee * amount of units

What is leverage for CFDs?

Leverage is a temporary loan given to the trader by the broker, enabling the trader to open a trade of a larger size with a smaller amount of invested capital. Leverage is presented in the form of a multiplier that shows how much more than the invested amount a position is worth.

For example: If you trade with no leverage at all and invest $1,000, for every 1% move in the market, you can gain or lose $10, which equals 1% of $1,000. However, if you were to invest the same $1,000 and trade using x10 leverage, the dollar value of your position would be equal to $10,000.

For further details and examples click here.

What is a “bid/ask market spread”?

The market spread arises from the difference for which a product can be bought and sold (bid and ask). This difference does not arise from eToro and is not incurred as a cost when you buy or sell a real stock on eToro.

What other fees apply?

When depositing and withdrawing in non-USD currencies, a conversion fee will be incurred. Diamond members are automatically exempt from FX conversion fees. Platinum and Platinum+ members receive a 50% discount. There is also a low fixed $5 fee for withdrawals and a $10 monthly inactivity fee after 12 months with no login activity.

Although not a fee that is levied by eToro, each transaction is subject to a market spread upon opening and closing. This is determined by the market and is a characteristic that is consistent across all banks and brokers.

What is Stamp Duty and who needs to pay it?

We will be passing a Stamp Duty Reserve Tax on to clients who open new positions in UK-listed stocks. Stamp Duty is a regulatory transaction tax levied by the UK government on the electronic purchase of all UK-listed stocks. It is currently set at 0.5% of the value of the stock purchase (SDRT is also normally charged at 0.5% but is rounded up to the nearest 1p). This is a mandatory regulatory transaction tax that applies to all clients trading UK-listed stocks, regardless of their country of residence.