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Match Me

eToro USA Review

Edith Balazs

Written by

Edith Balazs
Marcus Thompson

Fact Checked by

Marcus Thompson

Updated

Jan 4, 2026
Broker review header

90

Trust Score: 90/100

Based on regulatory status, company history, and financial transparency

  • 35+ million registered users worldwide
  • World's #1 Social Trading Platform (CopyTrader™)
  • Commission-free stocks and ETFs (UK/EU)
  • 80+ cryptocurrencies with MICA license
  • Regulated by FCA, CySEC, ASIC, SEC/FINRA
  • Smart Portfolios (themed investment baskets)
  • Real stock and crypto ownership
  • eToro Club with VIP benefits

Founded

2007

Headquarters

Tel Aviv, Israel

Clients

35+ million registered

Why choose eToro USA

eToro is the world's leading social trading and investing platform, pioneering copy trading since 2007. With over 35 million registered users across 100+ countries, eToro offers a unique ecosystem combining social networking with multi-asset investing. The platform features real stock ownership, commission-free ETF trading (in many regions), 80+ cryptocurrencies, and the revolutionary CopyTrader™ technology that allows users to automatically replicate top investors' trades. Regulated by FCA (UK), CySEC (Cyprus/EU), ASIC (Australia), and SEC/FINRA (US), eToro provides strong investor protection. In 2025, eToro obtained a MICA crypto license and expanded CopyTrader to US clients. The platform is best suited for social traders, passive investors, and those seeking commission-free stocks and ETFs.

Pros

  • Pioneering social trading platform
  • CopyTrader for passive investing
  • Real stock and ETF trading
  • 80+ cryptocurrencies
  • User-friendly platform
  • Strong social community

Cons

  • $5 withdrawal fee
  • $10/month inactivity fee after 12 months
  • Higher spreads on forex/CFDs
  • Currency conversion fees for non-USD
eToro USA logo

eToro USA

Save Wishlist's

Popular choice

Min Deposit:

$10

Inactivity Fee:

No

Regulated:

Yes

Visit eToro USA

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eToro offers commission-free stock and ETF trading in many regions (UK/EU). Forex and CFDs are traded through spreads. Crypto trading has a 1% buy/sell fee. $5 flat withdrawal fee applies. Currency conversion fees up to 1.5% for non-USD deposits/withdrawals. $10/month inactivity fee after 12 months. CopyTrader has no additional fees (standard trading costs apply to copied trades).

InstrumentStandardRaw/Pro
EUR/USDFrom 1.0 pipsN/A
GBP/USDFrom 2.0 pipsN/A
USD/JPYFrom 1.0 pipsN/A
Gold (XAU/USD)45 pipsN/A
S&P 500 (US500)0.75 pointsN/A
Bitcoin (BTC)1% feeN/A

Deposit Fee

$0

Withdrawal Fee

$5 flat

Inactivity Fee

$10/month after 12 months

Currency Conversion

Up to 1.5%

Non-trading fees

Inactivity fee: No.

eToro is regulated by multiple Tier-1 authorities globally including FCA (UK), CySEC (EU), ASIC (Australia), and SEC/FINRA (US). In 2025, eToro obtained a MICA crypto license from CySEC for regulated crypto services across the EEA. Client funds are held in segregated accounts. FSCS protection up to £85,000 for UK clients, ICF up to €20,000 for EU clients. Negative balance protection for retail clients.

Regulatory Status

RegulatorCountryTierLicense
Financial Conduct Authority (FCA)United KingdomTier-1583263
Cyprus Securities and Exchange Commission (CySEC)Cyprus/EUTier-1109/10
Australian Securities and Investments Commission (ASIC)AustraliaTier-1491139
SEC / FINRAUnited StatesTier-1-
FSRA Abu Dhabi (ADGM)UAETier-2-

Safety Features

Segregated AccountsYes
Negative Balance ProtectionYes
Investor ProtectionFSCS (UK) up to £85,000, ICF (Cyprus) up to €20,000, Segregated accounts, Negative Balance Protection
Compensation SchemeFSCS (UK) £85,000, ICF (Cyprus) €20,000

Is regulated?

Yes, heavily regulated.

Find your safe broker

Compare Regionally

eToro offers free deposits via credit/debit cards, bank transfer, PayPal, Skrill, Neteller, and more. A flat $5 withdrawal fee applies. Minimum deposit varies by region ($10-$200 typically, $500 for bank wire). Primary account currency is USD, with GBP and EUR available in select regions. Currency conversion fees apply for non-USD transactions.

Deposit Options

MethodProcessing TimeFeeMin. Deposit
Credit/Debit Card (Visa, Mastercard)InstantFree$50-$200 (varies by region)
Bank Wire Transfer4-7 business daysFree$500
PayPalInstantFree$50-$200
Skrill/NetellerInstantFree$50-$200

Withdrawal Options

MethodProcessing TimeFeeMin. Withdrawal
Bank Wire Transfer1-8 business days$5$30
PayPal1-2 business days$5$30
Skrill/Neteller1-2 business days$5$30

Base Currencies

USD, GBP (UK), EUR (EU)

eToro offers a single retail account with access to all features including CopyTrader and Smart Portfolios. eToro Club provides VIP tiers (Bronze, Silver, Gold, Platinum, Diamond+) based on equity balance with progressively better benefits. Demo account with $100,000 virtual funds. Islamic swap-free accounts available.

Account Types

Account TypeMin. DepositKey Features
Retail Account$50-$200
  • • All instruments
  • • CopyTrader access
eToro Club Bronze$5,000+ equity
  • • Lower spreads
  • • Dedicated support
eToro Club Gold/Platinum$10,000-$25,000+ equity
  • • Priority withdrawals
  • • Exclusive events
eToro Club Diamond+$250,000+ equity
  • • VIP support
  • • Zero overnight fees

Verification Steps

  • Time to open: Same day (typically minutes)
  • Demo Account: Yes
  • Islamic Account: Yes
Open Account

eToro's mobile app provides full access to trading, CopyTrader, Smart Portfolios, and social features. The app is designed for ease of use with intuitive navigation. Full portfolio management, price alerts, and one-tap trading. Available for iOS and Android with biometric login.

eToro USA mobile app screenshot 1
eToro USA mobile app screenshot 2

App Features

  • Full trading functionality
  • CopyTrader integration
  • Smart Portfolios access
  • Social news feed
  • Price alerts
  • Portfolio tracking
  • One-tap trading
  • Biometric login

eToro uses only its proprietary web-based platform - no MT4/MT5 or third-party integrations. The platform combines trading with social networking, featuring CopyTrader, Smart Portfolios, social news feed, and discovery tools. TradingView charting integration provides advanced analysis. Designed for simplicity rather than professional-grade features.

eToro USA desktop platform screenshot

Supported Platforms

  • eToro WebTrader: Proprietary social trading platform.

eToro offers 5,000+ instruments including real stocks (3,000+), ETFs (300+), cryptocurrencies (80+), and CFDs on forex, indices, and commodities. Real stock ownership in most regions (not CFDs). Smart Portfolios provide themed investment baskets. Crypto selection and features vary by region. MICA license allows regulated crypto in EEA.

Available Instruments

Forex Pairs49
Indices20
Stocks3000
Commodities30
Cryptos80
ETFs300

Leverage Limits

InstrumentMax Leverage
Forex30:1 (retail)
Indices20:1 (retail)
Stocks5:1 (retail) / 1:1 for real stocks
Crypto2:1 (retail)

Got Questions?

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Frequently Asked Questions

Yes, eToro is a trusted platform regulated by FCA (UK), CySEC (Cyprus/EU), ASIC (Australia), and SEC/FINRA (US). Client funds are held in segregated accounts with negative balance protection. FSCS protection up to £85,000 for UK clients. In 2025, eToro obtained a MICA crypto license for regulated crypto services.

Minimum deposit varies by region: $10-$50 in the UK, $50-$200 in most countries, and $500 for bank wire transfers. $200 minimum is required for CopyTrader, and $500 minimum for Smart Portfolios.

eToro offers commission-free trading on real stocks and ETFs in most regions (UK/EU). However, forex and CFDs have spreads, crypto has a 1% buy/sell fee, and there is a $5 withdrawal fee and potential currency conversion fees.

CopyTrader allows you to automatically replicate the trades of experienced investors on eToro. You browse Popular Investors, analyze their performance and risk scores, then allocate funds to copy them. Minimum $200 per copied trader. Standard trading costs apply to copied trades (no additional CopyTrader fee).

Free deposits, $5 withdrawal fee, $10/month inactivity fee after 12 months, currency conversion fees up to 1.5% for non-USD, 1% crypto buy/sell fee. Stocks and ETFs are commission-free in most regions. Forex/CFD spreads apply.

Yes, eToro offers real stock and ETF ownership (not CFDs) in most regions when trading without leverage. Your shares are held in your name. CFDs are used for leveraged positions and short selling.

Yes, eToro offers 80+ cryptocurrencies including Bitcoin, Ethereum, and many altcoins. In 2025, eToro obtained a MICA crypto license for regulated crypto trading across the EEA. The eToro Money app provides crypto wallet functionality.

eToro uses only its proprietary web and mobile platform. MT4, MT5, and third-party platforms are not supported. The platform is designed for simplicity with social features, CopyTrader, and TradingView charting integration.

No, eToro does not support traditional automated trading or Expert Advisors. However, CopyTrader automatically replicates trades from selected traders, providing a form of passive investing.

Smart Portfolios are pre-built, diversified investment portfolios managed by eToro focused on specific themes (Tech, Clean Energy, Crypto) or strategies. Minimum investment is $500. Partner Portfolios may require $5,000.
Lisa Martinez

Lisa Martinez

CFDs • Options • Derivatives

Author of this review

Lisa began her career on the trading floor in London dealing in options and futures. With expertise in complex derivative products, she evaluates CFD brokers and educates traders on hedging strategies and product offerings.

CFD & Derivatives Analyst — Everything you find on BrokerAnalysis is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback.

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