The fee you see is the fee you pay.
Every spread, commission, and charge is listed on the trade ticket before you confirm.
Investment account fees
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.
Conversion fees
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.
Whenever a Recurring Investment triggers a deposit, the currency conversion fee on that deposit is free for all users.
Learn more about our FX fees 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
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
– Do not apply to Recurring investment plans on opening a position (may apply on closing position)
You can view commissions and other fees by tapping “estimated cost” on the trade execution screen.
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.
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.
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.
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.
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.
CFDs
CFDs (Contracts for Difference) are regulated derivatives, an agreement between you and eToro based on the price movement of an underlying asset. They enable a range of trading strategies, including leverage and short selling, giving you greater flexibility in how you trade.
For CFDs, an opening/closing spread is charged from the available balance, and the trades open and close at raw market prices.
eToro does not add an additional spread to these assets. Instead, the opening/closing spread is charged on opening and closing the position. This is based on the position value and deducted from your available cash balance. It is itemised in your trade screen and statements.
Crypto CFD = 1% Per Trade
Stocks and ETF CFD = 0.15% Per Trade
Indices, Currencies, Commodities – please see https://www.etoro.com/trading/fees/cfd-spreads/ page for more details.
CFD positions in US-listed stocks & ETFs priced at $3 or less (based on the closing price available on the eToro platform for the last trading day of the previous week) will incur an opening/closing spread of 2 cents per unit.
The market spread is the natural difference between the bid and ask prices set by the market. It can vary with market conditions and is not a fee charged by eToro. It may affect the price at which your order is executed across all CFD instruments.
CFD positions that stay open overnight may incur a financing (overnight) fee relative to the value of the position. This is the interest paid for holding the leveraged CFD position.Click here for a full list of overnight fees.
When opening a trade, any applicable commission, 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.
Cost & Charges Examples
Download PDF
- Is eToro free?
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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.
- How does the crypto fee work?
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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?
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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?
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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?
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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?
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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?
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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?
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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?
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Overnight fees appear at the bottom of the trade window when opening a new trade.
- Where can I see the fees that I paid?
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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?
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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?
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Spread:
Spread * Price in USD * Number of units
Overnight fees (per night):
Fee * amount of units
- What is leverage for CFDs?
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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”?
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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?
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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.
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?
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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.