With eToro, all clients can hold funds in a USD account. Clients in the UK and Europe can also hold funds in either a GBP account or EUR account, based on their region.
Currency conversions may be needed in the following scenarios:
- Trading assets with funds from your GBP or EUR account that are in a different currency
- Transferring between your USD account and your GBP or EUR account
- Depositing or withdrawing in a different currency to your eToro account
Conversion fees can vary depending on location, payment method, and Club level.
With an active recurring investment plan you benefit from reduced conversion fees of just 0.75%.
The eToro GBP and EUR accounts charge conversion fees in percentages.
All other eToro conversion fees are charged in PIPs, which will reflect a fee of 1.5% or 3.0%, according to currency and/or payment method. See also Club Member Discounts below.
Conversion fees on deposits and withdrawals
Conversion fees on deposits and withdrawals to and from the GBP or EUR account are not applicable as you can only transfer GBP to the GBP account and EUR to the EUR account.
Conversion fees on deposits and withdrawals to and from the USD account are applicable as you can transfer in and out in multiple currencies. See below.
| Payment Method | Debit/Credit Card | Wallets 1 | Online Banking2 | Bank transfer | eToro GBP/EUR Account |
|---|---|---|---|---|---|
| Currency | Fee | Fee | Fee | Fee | Fee |
| EUR, GBP | 150 PIPs | 150 PIPs | 150 PIPs | 150 PIPs | 0.75% |
| AUD | 150 PIPs | 150 PIPs | 150 PIPs | 150 PIPs | – |
| CHF | 1% | 150 PIPs | 150 PIPs | – | – |
| DKK | 1% | 1000 PIPs | 1000 PIPs | – | – |
| NOK | 1% | 1600 PIPs | 1600 PIPs | – | – |
| PLN | 1% | 650 PIPs | 650 PIPs | – | – |
| SEK | 1% | 1600 PIPs | 1600 PIPs | – | – |
| HUF | 1% | 550 PIPs | 550 PIPs | – | – |
| RON | 1% | – | – | – | – |
| CZK | 1% | 3300 PIPs | 3300 PIPs | – | – |
| MYR | 1330 PIPs | – | 1330 PIPs | – | – |
| SGD | 410 PIPs | – | 410 PIPs | – | – |
| IDR | 450 PIPs | – | 450 PIPs | – | – |
| VND | 71000 PIPs | – | 71000 PIPs | – | – |
| PHP | – | – | 8500 PIPs | – | – |
| THB | – | – | 100 PIPs | – | – |
| PEN | 790 PIPs | – | – | – | – |
| MXN | 6000 PIPs | – | – | – | – |
| QAR | 820 PIPs | – | – | – | – |
| BHD | 7900 PIPs | – | – | – | – |
| OMR | 7800 PIPs | – | – | – | – |
| AED | 820 PIPs | – | – | 820 PIPs | – |
| KRW | 390000 PIPs | – | – | – | – |
| BRL | 15555 PIPs | – | – | – | – |
| CLP | 2300000 PIPs | – | – | – | – |
2 Trustly, Przelewy24, iDEAL, RapidTransfer
Note:
1. Not all payment methods are available for all countries.
2. Given that underlying currency rates can fluctuate, the actual PIPs charged may also change in order to align with the percentage charges. When charges are applied, they will be updated and displayed in the above table.
Conversion fees on trades and internal transfers
UK & Europe
| Currency | Fee |
|---|---|
| EUR or GBP <> USD | 0.75% |
Club discounts on conversion fees
UK & Europe
| Gold & Silver | Platinum & Platinum + | Diamond |
|---|---|---|
| 20% discount | 40% discount | 80% discount |
Rest of World
| Gold & Silver | Platinum & Platinum + | Diamond |
|---|---|---|
| 25% discount | 50% discount | 100% discount |