open a free account

Open a free account

Use professional tools and the wisdom of the crowd

no management fees

No management fees

At all. Even when you copy other traders and invest in portfolios

0% commission on stocks

0% commission on stocks

No markup, ticketing fees, stamp duty. Bid/ask market spread, FX conversion, withdrawal, and inactivity fees may apply

Invest in stocks commission-free. Buy in bulk or just a fraction, from as little as $10.

No Commission

  • No management fees
  • No rollover fees
  • No ticket fees
  • No additional broker fees
  • FX fees apply on non-USD deposits and withdrawals
  • $5 fee for withdrawals
Example:

Cost of buying AAPL stocks

details

Open BUY (Long) position

Initial Investment:
1,000 USD
Apple Stock (AAPL) Ask Rate
250 USD
Position
Open 4 Units
AAPL BUY
Commission:
NO
Overnight Fees:
NO
Total Fees
0 USD

Ready to invest in the global stock market?

Join millions of eToro users and Invest in the brands you love, wherever they are.

Invest in Stocks

Zero commission means that no broker fee will be charged when trading stocks (excluding short or leverage positions). Other general fees may apply to all eToro services such as FX conversion fees on non-USD deposits and withdrawals, withdrawal fees, and (if applicable) inactivity fees. A market spread also applies, although this is not a fee charged by eToro. Your capital is at risk.

For clients of eToro AUS Capital Limited AFSL 491139, only stocks traded on US stock exchanges are available to trade with no commission. Other stocks are offered as derivatives and bear commission. Offered through ARSN 637 489 466 and promoted by eToro AUS Capital Limited CAR 001281634. For additional information, please see “other fees” and CFDs sections

 

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.

 

How it works

A fee of 1% is calculated for buying or selling cryptoassets on eToro. This fee is included in the price we show when you open or close a position.

 

The 1% fee is added to the market price (Bid-Ask spread).*

 

* 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.

 

Where the prices come from

Crypto prices on eToro are based on the Bid-Ask spread that comes from orders made by an internal market maker-like system that aggregates order books from external liquidity providers, and exists on a related entity of the eToro Group. Learn more

 

Click here to see an example

 

Understanding the fee

As soon as you open a new position, you will see a “loss” in the position. This is because the displayed Profit & Loss (“P/L”) includes the 1% buy fee you’ve just paid and the 1% sell fee you will pay when closing the position.

 

At eToro, you can track the performance of your crypto investments and know that the buy and sell fees are already accounted for within the P/L information.

 

Important: When you close the position, the selling fee is adjusted to reflect the market price of the cryptoasset at that time.

 

Cryptoassets can be transferred from the eToro platform to the eToro Money crypto wallet*. Click here for more information about crypto transfer fees and limits.

Wallet fees

Send/Receive transaction fees

eToroX charges no fees for sending or receiving transactions.

Blockchain fees are applicable for sending and receiving.

Crypto-to-Crypto conversion fees

eToroX charges a conversion fee of 0.1%.

Conversion rates are set according to eToro market rates.

Minimum limit – $20

Maximum limit – $10,000

Send transaction limits

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

XRP wallet creation

Currently opening an XRP wallet is enabled as part of the coin transfer process and shall be free of XRP wallet creation fees.

XLM Wallet Creation

Stellar blockchain requires a minimum non-spendable deposit of 2.5 XLM for the activation of a XLM wallet. Once deposited the wallet is activated and you can see the wallet on the Stellar blockchain.

ETH Wallet creation

Currently opening an ETH wallet is enabled as part of the coin transfer process and shall be free of ETH wallet creation fees.

ERC20 tokens are supported for users who already have such wallets.

New ERC20 wallets are not available currently.

Are you ready to invest in crypto?

Trust eToro – offering cryptoassets since 2012.

Buy Cryptoassets

Cryptoassets are highly volatile and unregulated in most EU countries, Australia and the UK. No consumer protection. Tax on profits may apply. Your capital is at risk.
Short selling orders on cryptocurrencies and leveraged trades are executed as CFDs that do not entail ownership of the assets and incur overnight fees, as detailed here.

Trades performed by Australian clients before September 12, 2021 were executed as CFDs and incur overnight fees.

All non-leveraged CFD positions opened in France prior to July 2022, will begin incurring overnight fees from August 1, 2022.

 

CFDs are a popular way for trading different assets that allows greater flexibility – for example, leveraged trading and short selling.

CFD trading does not involve the acquisition of real assets, and incurs spreads and overnight fees.

eToro spreads

Spreads

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.
Currencies
From 1 PIP iPip stands for ‘percentage in point’. One pip is the smallest price change that a given exchange rate can make, and, therefore, refers to the very last digit of a price. A pip is used to measure the change in the price of one currency in relation to another.
Commodities
From 2 PIPs iPip stands for ‘percentage in point’. One pip is the smallest price change that a given exchange rate can make, and, therefore, refers to the very last digit of a price. A pip is used to measure the change in the price of one currency in relation to another.
Indices
From 0.75 Points iThe term "Points" refers to price changes left of the decimal point. For example: if the NASDAQ moves from 15000.00 to 15100.00, it is a movement of 100 points.
Stocks & ETFs (CFDs)
0.15%

CFD stocks are transactions that do not involve ownership of the underlying asset. CFDs enable features such as short (SELL) orders and leverage.

Spread is for either side (BUY and SELL).

  • 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 a fee of 2 cents per unit.
Cryptocurrencies (CFDs)

Short selling orders on cryptocurrencies are executed as CFDs. Margin (leveraged) trades also incur fees.

Crypto CFD fees are the same as regular crypto fees, click here for more details.

Note: this is in addition to overnight fees on crypto CFDs, which are mentioned below.

Non-leveraged positions opened by Australian clients before September 12, 2021 were also executed as CFDs.

All non-leveraged CFD positions opened in France prior to July 2022, will begin incurring overnight fees from August 1, 2022.

 

*Fees generated from the spread will be charged at the closing of a position. There may be instances when market conditions cause spreads to widen beyond the spreads displayed.

*Spreads indicate the lowest possible scenario. Spreads are variable and may fluctuate.

eToro overnight fees

Overnight Fees*

CFD positions that stay open overnight incur a small fee, relative to the value of the position. These fees reflect the forces of supply and demand driving the financial markets, including to cover costs associated with your position.

Fees are in USD, per night, per unit
Currencies
CurrenciesSell (Short) iShort (SELL) orders represent a situation in which an investment will go up in value if the price of the asset goes down, and vice versa.Buy (Long) iLong (BUY) orders represent a situation in which an investment will go up in value if the price of the asset goes up, and vice versa.
EURUSD
EUR/USD
$ 0.00003668$ -0.00009902
USDJPY
USD/JPY
$ -0.00014096$ 0.00008131
GBPUSD
GBP/USD
$ -0.00000549$ -0.00006269
USDCHF
USD/CHF
$ -0.0001371$ 0.00007662
NZDUSD
NZD/USD
$ 0.00002209$ -0.00006281
USDCAD
USD/CAD
$ -0.00003461$ -0.00002441
EURGBP
EUR/GBP
$ 0.0000087$ -0.0000773
EURJPY
EUR/JPY
$ -0.00007907$ 0.00000893
GBPJPY
GBP/JPY
$ -0.00013767$ 0.0000614
AUDJPY
AUD/JPY
$ -0.00007399$ 0.00002623
AUDUSD
AUD/USD
$ 0.0000017$ -0.000042
EURCHF
EUR/CHF
$ -0.00007512$ 0.00000302
EURAUD
EUR/AUD
$ -0.00000304$ -0.00007007
EURCAD
EUR/CAD
$ 0.00003046$ -0.00009466
CADJPY
CAD/JPY
$ -0.00010205$ 0.00005584
CHFJPY
CHF/JPY
$ -0.00004237$ -0.00003208
USDHKD
USD/HKD
$ -0.00008599$ 0.00002866
USDZAR
USD/ZAR
$ 0.00004023$ -0.00010656
USDRUB
USD/RUB
$ 0.01274184$ -0.01290711
USDCNH
USD/CNH
$ -0.000123$ 0.00006031
AUDCHF
AUD/CHF
$ -0.00007037$ 0.000023
AUDCAD
AUD/CAD
$ -0.00000209$ -0.00003933
AUDNZD
AUD/NZD
$ -0.00004938$ -0.00000115
EURNZD
EUR/NZD
$ -0.00004385$ -0.00003611
GBPAUD
GBP/AUD
$ -0.00004971$ -0.00002758
GBPCHF
GBP/CHF
$ -0.00013257$ 0.00005517
GBPNZD
GBP/NZD
$ -0.0000958$ 0.00001139
NZDCAD
NZD/CAD
$ 0.00001877$ -0.00006017
NZDCHF
NZD/CHF
$ -0.00004452$ -0.00000291
NZDJPY
NZD/JPY
$ -0.00004915$ -0.0000011
CADCHF
CAD/CHF
$ -0.0000994$ 0.0000508
USDNOK
USD/NOK
$ -0.00007079$ 0.00000542
USDSEK
USD/SEK
$ -0.00012112$ 0.00000249
NOKSEK
NOK/SEK
$ -0.00000574$ -0.00000099
EURNOK
EUR/NOK
$ -0.00001229$ -0.00007112
EURSEK
EUR/SEK
$ -0.00002954$ -0.00004005
USDTRY
USD/TRY
$ 0.00007626$ -0.00032593
USDMXN
USD/MXN
$ 0.00010793$ -0.00018244
USDSGD
USD/SGD
$ -0.00007967$ -0.00000031
GBPCAD
GBP/CAD
$ -0.00001197$ -0.0000574
ZARJPY
ZAR/JPY
$ -0.00002704$ 0.00002116
EURPLN
EUR/PLN
$ 0.00011281$ -0.0001881
USDHUF
USD/HUF
$ -0.00002426$ -0.00003101
EURHUF
EUR/HUF
$ -0.00002364$ -0.00003194
GBPHUF
GBP/HUF
$ -0.0000272$ -0.00003557
CHFHUF
CHF/HUF
$ -0.00002463$ -0.00003285
USDPLN
USD/PLN
$ 0.0000518$ -0.00011585
USDCZK
USD/CZK
$ -0.00019142$ -0.00036536
Commodities
CommoditiesSell (Short) iShort (SELL) orders represent a situation in which an investment will go up in value if the price of the asset goes down, and vice versa.Buy (Long) iLong (BUY) orders represent a situation in which an investment will go up in value if the price of the asset goes up, and vice versa
OIL
Oil
$ -0.00105$ -0.008792
GOLD
Gold
$ 0.15110644$ -0.29669356
SILVER
Silver
$ 0.0020839$ -0.0039061
COPPER
Copper
$ 0$ 0
NATGAS
Natural Gas
$ -0.00498$ 0.004181
PLATINUM
Platinum
$ 0.05728219$ -0.13871781
PALLADIUM
Palladium Future
$ 0$ 0
SUGAR
Sugar Future
$ 0$ 0
COTTON
Cotton Future
$ 0$ 0
COCOA
Cocoa Future
$ 0$ 0
WHEAT
Wheat Future
$ 0$ 0
CL.JAN23
Crude Oil Future January 23
$ 0$ 0
CL.FEB23
Crude Oil Future February 23
$ 0$ 0
Corn
Corn Future
$ 0$ 0
Soybeans
Soybeans Future
$ 0$ 0
CarbonEmissions
Carbon Emissions Future
$ -0.00277708$ -0.00991524
CoffeeArabica
Coffee Arabica Future
$ 0$ 0
Gasoline
Gasoline Future
$ 0$ 0
HeatingOil
Heating Oil Future
$ 0$ 0
LiveCattle
Live Cattle Future
$ 0$ 0
LeanHogs
Lean Hogs Future
$ 0$ 0
LEAD
Lead
$ -0.086472$ -0.215504
ZINC
Zinc
$ -0.446778$ 0.004835
EuroOIL
Brent Oil
$ 0.00895$ -0.019437
Nickel
Nickel
$ 0.409252$ -4.429458
Aluminum
Aluminum
$ 0.136006$ -0.476897
Indices
IndicesSell (Short) iShort (SELL) orders represent a situation in which an investment will go up in value if the price of the asset goes down, and vice versa.Buy (Long) iLong (BUY) orders represent a situation in which an investment will go up in value if the price of the asset goes up, and vice versa
USDOLLAR
US Dollar Index
$ 0.00351939$ -0.0222483
SPX500
SPX500 Index
$ 0.13186625$ -0.83360981
NSDQ100
NASDAQ100 Index
$ 0.38645543$ -2.44302872
DJ30
DJ30 Index
$ 1.12413055$ -7.10633877
UK100
UK100 Index
$ 0.08972208$ -1.72148909
FRA40
FRA40 Index
$ -0.30612442$ -0.94218721
GER40
GER40 Index
$ -0.65346616$ -2.01123274
AUS200
AUS200 Index
$ -0.00517884$ -0.8579607
ESP35
ESP35 Index
$ -0.37942607$ -1.1677944
JPN225
JPN225 Index
$ -0.01692204$ -0.01902288
HKG50
HKG50 Index
$ -0.02847174$ -0.41448263
EUSTX50
EUSTX50 Index
$ -0.1799538$ -0.55386032
CHINA50
ChinaA50 Index
$ 0.43697077$ -2.76236803
SGXMSCI
MSCI Singapore Index
$ 0.01124524$ -0.08225932
VIX.FUT
VIX Future
$ 0$ 0
RTY
Russell 2000 Index
$ 0.06017969$ -0.3804338
10yUS
10 year Treasury Future
$ 0.00695454$ -0.01947717
5yUS
5 year Treasury Future
$ 0.00662875$ -0.01856475
2yUS
2 year Treasury Future
$ 0.00625135$ -0.01750779
Stocks & ETFs (CFDs)

Short selling orders and leveraged positions on stocks are executed as CFDs and, therefore, incur overnight fees. Overnight fees are divided by 365.

ETORO ANNUAL FEE

SELL (Short)iShort (SELL) orders represent a situation in which an investment will go up in value if the price of the asset goes down, and vice versa.: 2.9% + LIBOR

Short (SELL) orders represent a situation in which an investment will go up in value if the price of the asset goes down, and vice versa.
 
For SELL trades made in euros (EUR), overnight fees will be calculated according to the 2.9% + European Short Term Rate (“ESTR”).

For SELL trades made in Swiss Francs (CHF), overnight fees will be calculated according to a 2.9% + CHF Overnight Deposit.

ETORO ANNUAL FEE

BUY (Long)iLong (BUY) orders represent a situation in which an investment will go up in value if the price of the asset goes up, and vice versa.: 6.4% + LIBOR

Long (BUY) orders represent a situation in which an investment will go up in value if the price of the asset goes up, and vice-versa.
 
For BUY trades made in euros (EUR), overnight fees will be calculated according to the 6.4% + European Short Term Rate (“ESTR”).

For BUY trades made in Swiss Francs (CHF), overnight fees will be calculated according to a 6.4% + CHF Overnight Deposit.

Cryptocurrencies (CFD/margins)

Crypto CFD positions incur overnight fees. Short selling orders and margin (leveraged) trades are executed as CFDs. Non-leveraged positions opened by Australian clients before September 12, 2021, were also executed as CFDs and, therefore, incur overnight fees.

InstrumentFee
BTC
Bitcoin
$ -9.43300822
ETH
Ethereum
$ -0.70232896
BCH
Bitcoin Cash
$ -0.06130422
XRP
XRP
$ -0.00021543
DASH
Dash
$ -0.01850866
LTC
Litecoin
$ -0.04283168
ETC
Ethereum Classic
$ -0.00781152
API3
API3
$ -0.0005813
CRO
Cronos
$ -0.00002651
SKL
Skale Network
$ -0.00001106
IMX
Immutable X
$ -0.00019439
ADA
Cardano
$ -0.00017259
MIOTA
IOTA
$ -0.00008564
XLM
Stellar
$ -0.00004673
EOS
EOS
$ -0.00038218
NEO
NEO
$ -0.00287386
TRX
TRON
$ -0.0000215
ZEC
ZCASH
$ -0.01842701
BNB
Build and Build
$ -0.1167017
XTZ
Tezos
$ -0.00040667
DOT
Polkadot
$ -0.00296264
MKR
Maker
$ -0.253002
COMP
Compound
$ -0.0153817
LINK
Chainlink
$ -0.00385495
UNI
Uniswap
$ -0.00334998
YFI
Yearn.finance
$ -2.86751521
DOGE
Dogecoin
$ -0.00005389
AAVE
Aave
$ -0.02541009
FIL
Filecoin
$ -0.00183793
ALGO
Algorand
$ -0.00009382
ATOM
Cosmos
$ -0.00541195
MANA
Decentraland
$ -0.00021949
APE
ApeCoin
$ -0.00167019
LRC
Loopring
$ -0.00010098
ENJ
Enjin
$ -0.00016757
BICO
Biconomy
$ -0.00012353
BAT
Basic Attention Token
$ -0.00012382
BNT
Bancor
$ -0.00015308
OGN
Origin Protocol
$ -0.00004272
MATIC
Polygon
$ -0.00050811
GALA
Gala
$ -0.00001094
CHZ
Chiliz
$ -0.00006445
HBAR
Hedera Hashgraph
$ -0.00001934
DYDX
dYdX
$ -0.00070255
SOL
Solana
$ -0.00751312
THETA
Theta
$ -0.00036168
FTM
Fantom
$ -0.0000988
GRT
The Graph
$ -0.00002567
1INCH
1inch
$ -0.00018969
CRV
Curve
$ -0.00027122
ANKR
Ankr
$ -0.00000869
OXT
Orchid
$ -0.00003413
REN
REN
$ -0.00003716
SNX
Synthetix
$ -0.00076892
STORJ
Storj
$ -0.00013178
ZRX
0x
$ -0.0000772
CELO
Celo
$ -0.00025497
SUSHI
SushiSwap
$ -0.00050309
QNT
Quant
$ -0.0488778
BAL
Balancer
$ -0.00245748
FET
Fetch.ai
$ -0.00002827
SHIBxM
Shiba (in millions)
$ -0.00374268
AMP
Amp
$ -0.00000141
AXS
Axie Infinity
$ -0.00362997
SAND
The Sandbox
$ -0.00032475
AVAX
Avalanche
$ -0.00546197
BAND
Band Protocol
$ -0.00081072
CTSI
Cartesi
$ -0.00005401
ENS
Ethereum Name Service
$ -0.00544564
UMA
Universal Market Access
$ -0.00078501
LUNC
Terra Classic
$ -0.00000007
FTT
FTX Token
$ -0.00057497
SRM
Serum
$ -0.00009051
LPT
Livepeer
$ -0.00303307
KNC
Kyber Network
$ -0.00026902
BTCEUR
Bitcoin/Euro
$ -6.8630788
ETHEUR
Ethereum/Euro
$ -0.50599788
ETHGBP
Ethereum / Pound
$ -0.50599788
BTCGBP
Bitcoin / Pound
$ -6.8630788
EOSGBP
EOS / Pound
$ -0.00038218
XRPGBP
Ripple / Pound
$ -0.00015776
ETHJPY
Ethereum / Japanese Yen
$ -0.50599788
BTCJPY
Bitcoin / Japanese Yen
$ -6.8630788
EOSJPY
EOS / Japanese Yen
$ -0.00038218
XRPJPY
Ripple / Japanese Yen
$ -0.00015776
ETHEOS
Ethereum / EOS
$ -0.50599788
ETHXLM
Ethereum / Stellar
$ -0.50599788
ETHBTC
Ethereum / Bitcoin
$ -0.50599788
BTCEOS
Bitcoin / EOS
$ -6.8630788
BTCXLM
Bitcoin / Stellar
$ -6.8630788
EOSXLM
EOS / Stellar
$ -0.00038218
BTCAUD
Bitcoin / Australian Dollar
$ -6.8630788
BTCNZD
Bitcoin / New Zealand Dollar
$ -6.8630788
BTCCAD
Bitcoin / Canadian Dollar
$ -6.8630788
BTCCHF
Bitcoin / Swiss Franc
$ -6.8630788
ETHAUD
Ethereum/ Australian Dollar
$ -0.50599788
ETHNZD
Ethereum/ New Zealand Dollar
$ -0.50599788
ETHCAD
Ethereum/ Canadian Dollar
$ -0.50599788
ETHCHF
Ethereum/ Swiss Franc
$ -0.50599788
XRPEUR
Ripple / Euro
$ -0.00015776
XRPAUD
Ripple/ Australian Dollar
$ -0.00015776
XRPNZD
Ripple/ New Zealand Dollar
$ -0.00015776
XRPCAD
Ripple/ Canadian Dollar
$ -0.00015776
XRPCHF
Ripple/ Swiss Franc
$ -0.00015776
ETCEUR
Ethereum Classic / Euro
$ -0.00781152
ETCGBP
Ethereum Classic / Pound
$ -0.00781152
ETCAUD
Ethereum Classic / Australian Dollar
$ -0.00781152
ETCNZD
Ethereum Classic / New Zealand Dollar
$ -0.00781152
ETCCAD
Ethereum Classic / Canadian Dollar
$ -0.00781152
ETCCHF
Ethereum Classic / Swiss Franc
$ -0.00781152
ETCJPY
Ethereum Classic / Japanese Yen
$ -0.00781152
BCHEUR
Bitcoin Cash / Euro
$ -0.04472858
BCHGBP
Bitcoin Cash / Pound
$ -0.04472858
BCHAUD
Bitcoin Cash / Australian Dollar
$ -0.04472858
BCHNZD
Bitcoin Cash / New Zealand Dollar
$ -0.04472858
BCHCAD
Bitcoin Cash / Canadian Dollar
$ -0.04472858
BCHCHF
Bitcoin Cash / Swiss Franc
$ -0.04472858
BCHJPY
Bitcoin Cash / Japanese Yen
$ 0.15110644
LTCEUR
Litecoin/ Euro
$ -0.03161658
LTCGBP
Litecoin/ Pound
$ -0.03161658
LTCAUD
Litecoin/ Australian Dollar
$ -0.03161658
LTCNZD
Litecoin/ New Zealand Dollar
$ -0.03161658
LTCCAD
Litecoin/ Canadian Dollar
$ -0.03161658
LTCCHF
Litecoin/ Swiss Franc
$ -0.03161658
LTCJPY
Litecoin/ Japanese Yen
$ -0.03161658
BCHLTC
Bitcoin Cash / Litecoin
$ -0.04472858
XLMGBP
Stellar / Pound
$ -0.00003456
XLMJPY
Stellar / Japanese Yen
$ -0.00003456
XLMEUR
Stellar / Euro
$ -0.00003456
ZECETH
Zcash / Ethereum
$ -0.01842701
ZECLTC
Zcash / Litecoin
$ -0.01842701
ZECBCH
Zcash / Bitcoin Cash
$ -0.01842701
ZECDASH
Zcash / Dash
$ -0.01842701
ZECGBP
Zcash / Pound
$ -0.01842701
ZECJPY
Zcash / Japanese Yen
$ -0.01842701
ZECEUR
Zcash / Euro
$ -0.01842701
ZECXRP
Zcash / Ripple
$ -0.01842701
ZECXLM
Zcash / Stellar
$ -0.01842701
ETHCNH
Ethereum / Chinese yuan
$ -0.50599788
DASHNZD
Dash / New Zealand Dollar
$ -0.01850866
XLMNZD
Stellar / New Zealand Dollar
$ -0.00003456
ZECNZD
Zcash / New Zealand Dollar
$ -0.01842701
DASHAUD
Dash / Australian Dollar
$ -0.01850866
DASHCHF
Dash / Swiss Franc
$ -0.01850866
XLMCHF
Stellar / Swiss Franc
$ -0.00003456
ZECCHF
Zcash / Swiss Franc
$ -0.01842701
XRPDASH
Ripple / Dash
$ -0.00015776
DASHEUR
Dash / Euro
$ -0.01850866
DASHJPY
Dash / Japanese Yen
$ -0.01850866
DASHGBP
Dash / Pound
$ -0.01850866
GOLDBTC
GOLDBTC
$ -6.8630788

*Fees are subject to change at any given time and could change on a daily basis, without prior notice, depending on market conditions. We encourage you to visit this page periodically to stay updated on current fees.

To learn more about market opening hours and when overnight fees come into effect, please refer to the Market Hours and Events page.

eToro fees examples

Examples

Stocks (CFDs)

Open BUY (Long) position – 0.15% Spread

Leverage : X2

Initial Investment:
1,000 USD
APPLE STOCK (AAPL) Ask Rate
250 USD
Position
Open 8 Units
AAPL BUY
Total Investment worth
2,000 USD8 units * 250 USD
Amount invested:
1,000 USD (8 units * 250 USD) / 2
eToro Typical Spread for AAPL
0.15%
eToro Spread value for 1 AAPL unit
0.375 USD Price USD * Spread % = 250 USD * 0.15%

Overnight fees formula = (eToro fee + Libor rate) / 365 * Units * Price in USD
eToro BUY Overnight fee: 6.4%
Libor rate: 1.99%

SPREAD COSTS IN USD OVERNIGHT FEES IN USD TOTAL COST ON INITIAL INVESTMENT IN %
Close position same day (250 USD * 0.0015*2) * 8 units = -6 USD 0 USD -6 USD / 1,000 USD = -0.6%
Close position next day (250 USD * 0.0015*2) * 8 units = -6 USD ((0.064 + 0.0199) / 365) * 8 units * 250 USD = -0.46 USD (-6 USD + -0.46 USD) / 1,000 USD = -0.646%
Open position on Friday(Triple fees apply on stock positions open on Fridays) (250 USD * 0.0015*2) * 8 units = -6 USD ((0.064 + 0.0199) / 365) * 8 units * 250 USD = -0.46 USD * 3 = -1.38 USD (-6 USD + -1.38 USD) / 1,000 USD = -0.738%

Note: Overnight fees do not apply to non-CFD Stocks trading.

Etoro’s Spread/Commission. Assuming no change in the price of the stock. Subject to Providers Spread which is not calculated here.
Disclaimer: The spread/commission is dependent on the price of the underlying asset at the time of closing the position.
USD Libor: 1.99% (at the time this example was written, subject to changes)
eToro’s BUY Position Fee: 6.4%
eToro’s SELL Position Fee: 2.9%
If the price of the stock changes, the overnight fees are subject to change.

*LIBOR is the benchmark rate most international banks use when giving short-term loans. LIBOR rates are published daily for different currencies (USD, EUR, GBP, CHF, NOK, SEK, DKK, CAD and HKD). The daily fee/credit will be multiplied threefold for positions carried over Friday nights. The fees/credit will be charged/credited at 17:00 New York time for any position open at this time.
For SELL trades made in euros (EUR), overnight fees will be calculated according to the 2.9% + European Short Term Rate (“ESTR”).
For BUY trades made in euros (EUR), overnight fees will be calculated according to the 6.4% + European Short Term Rate (“ESTR”).
For SELL trades made in Swiss Francs (CHF), overnight fees will be calculated according to a 2.9% + CHF Overnight Deposit.
For BUY trades made in Swiss Francs (CHF), overnight fees will be calculated according to a 6.4% + CHF Overnight Deposit.

 

Open BUY (Long) position – 2 Cents per unit

Leverage : X2

Initial Investment:
1,000 USD
Adamis Pharmaceuticals Corp STOCK (ADMP) Ask Rate
2 USD
Position
Open 1000 Units
ADMP BUY
Total Investment worth
2,000 USD1000 units * 2 USD
Amount invested:
1,000 USD (1000 units * 2 USD) / 2
eToro Typical Spread for ADMP
2 cents per unit

Overnight fees formula = (eToro fee + Libor rate) / 365 * Units * Price in USD
eToro BUY Overnight fee: 6.4%
Libor rate: 1.99%

SPREAD COSTS IN USD OVERNIGHT FEES IN USD TOTAL COST ON INITIAL INVESTMENT IN %
Close position same day (1000 UNITS*0.02*2) = -40 USD 0 USD -40 USD / 1,000 USD = -4%
Close position next day (1000 UNITS*0.02*2) = -40 USD ((0.064 + 0.0199) / 365) * 8 units * 250 USD = -0.46 USD (-40 USD + -0.46 USD) / 1,000 USD = -4.046%
Open position on Friday(Triple fees apply on stock positions open on Fridays) (1000 UNITS*0.02*2) = -40 USD ((0.064 + 0.0199) / 365) * 8 units * 250 USD = -0.46 USD * 3 = -1.38 USD (-40 USD + -1.38 USD) / 1,000 USD = -4.138%

Note: Overnight fees do not apply to non-CFD Stocks trading.

Cryptocurrencies (CFDs)

Open SELL (Short) position

Leverage : X1

Initial Investment:
1,000 USD
DOGE Bid rate*
0.2000 USD
Position
Open 5,000 units BUY
1,000 USD / 0.2000 USD

*eToro Typical Bid-Ask rate value for 1 DOGE unit 0.001~ USD

Total Investment worth
1,000 USD 5,000 units * 0.2000 USD
Amount invested:
1,000 USD (5,000 units * 0.2000 USD) / 1
eToro fee for DOGE:
1%
Open position fee:
-10 USD Price USD * fees % = 1,000 USD * 1%

eToro SELL (Short) overnight fee: 0.000082 USD
Overnight fees formula = Fee * Number of units * number of nights
Assumed ask rate at moment of closing the position: 0.2000

CLOSE POSITION FEE OVERNIGHT FEE IN USD TOTAL COST ON INITIAL INVESTMENT IN %
Close position same day 1% * 0.2000 * 5,000 units = -10 USD 0 USD -20 USD / 1,000 USD = -2.00%
Close position next day 1% * 0.2000 USD * 5,000 units = -10 USD -0.00082 USD * 5,000 units * 1 night = -0.41 USD (-20 USD + -0.41 USD) / 1,000 USD = -2.04%

Note: Overnight fees will be charged on all crypto CFD positions except for those held by clients who do not have access to long (BUY), non-leveraged Cryptocurrency positions.
Non-leveraged positions opened by Australian clients before September 12, 2021 were also executed as CFDs and, therefore, incur overnight fees.

The overnight fees for Cryptos are calculated/adjusted currently on a monthly basis, taking the price of the Cryptos on the first day of the month at 00:00 GMT

Fees are subject to change at any given time and could change on a daily basis, without prior notice, depending on market conditions. We encourage you to periodically visit this page to stay updated on current fees.

ETFs (CFDs)

Open BUY (Long) position

Leverage : X2

Initial Investment:
1,000 USD
SPDR GLD Ask rate
142.55 USD
Position
Open 14.03 units
SPDR GLD BUY
Total Investment worth
2,000 USD14.03 units * 142.55 USD
Amount invested:
1,000 USD (14.03 units * 142.55 USD) / 2
eToro Typical Spread
0.15%
eToro Spread value for 1 SPDR GLD unit
0.214 USD Price USD * Spread % = 142.55 USD * 0.15%

Overnight fees formula = (eToro fee + Libor rate) / 365 * Units * Price in USD
eToro BUY Overnight fee: 6.4%
Libor rate: 1.99%

SPREAD COSTS in USD OVERNIGHT FEES in USD TOTAL COST ON INITIAL INVESTMENT in %
Close position same day (142.55 USD * 0.0015*2) * 14.03 units = -6 USD 0 USD -6 USD / 1,000 USD = -0.6%
Close position next day (142.55 USD * 0.0015*2) * 14.03 units = -6 USD ((0.064 + 0.0199) / 365) * 14.03 units * 142.55 USD = -0.46 USD (-6 USD + -0.46 USD) / 1,000 USD = -0.646%
Open position on Friday

(Triple fees apply on ETFs positions open on Fridays)

(142.55 USD * 0.0015*2) * 14.03 units = -6 USD ((0.064 + 0.0199) / 365) * 14.03 units * 142.55 USD = -0.46 USD * 3 = -1.38 USD (-6 USD + -1.38 USD) / 1,000 USD = -0.738%

Note: Overnight fees do not apply to non-CFD ETFs trading.

eToro’s Spread/Commission. Assuming no change in the price of the ETF. Subject to Providers Spread which is not calculated here.
Disclaimer: The spread/commission is dependent on the price of the underlying asset at the time of closing the position.

USD Libor*: 1.99% (at the time this example was written, subject to change).
eToro’s BUY Position Fee: 6.4%
eToro’s SELL Position Fee: 2.9%
If the price of the stock changes, the overnight fees are subject to change.

*LIBOR is the benchmark rate which most international banks use when giving short-term loans. LIBOR rates are published daily for different currencies (USD, EUR, GBP, CHF, NOK, SEK, DKK, CAD and HKD). The daily fee/credit will be multiplied threefold for positions carried over Friday nights. The fees/credit will be charged/credited at 17:00 New York time for any position open at this time.
For SELL trades made in euros (EUR), overnight fees will be calculated according to the 2.9% + European Short Term Rate (“ESTR”).
For BUY trades made in euros (EUR), overnight fees will be calculated according to the 6.4% + European Short Term Rate (“ESTR”).
For SELL trades made in Swiss Francs (CHF), overnight fees will be calculated according to a 2.9% + CHF Overnight Deposit.
For BUY trades made in Swiss Francs (CHF), overnight fees will be calculated according to a 6.4% + CHF Overnight Deposit.

Index (CFDs)

Open SELL (Short) position

Leverage : x20

Initial Investment:
1,000 USD
NSDQ100 Bid rate
8,130 USD
Position
Open 2.46 units
NSDQ100 SELL
Total Investment worth
20,000 USD 2.46 units * 8,130 USD
Amount invested:
1,000 USD (2.46 units * 8,130 USD) / 20
eToro Typical Spread for NSDQ100
240 pips (2.40 USD)

eToro SELL Overnight fee: -0.207457 USD
Overnight fees formula = Fee * Number of units

SPREAD COSTS in USD OVERNIGHT FEES IN USD TOTAL COST ON INITIAL INVESTMENT in %
Close position same day 2.40 USD * 2.46 units = -5.90 USD 0 USD -5.90 USD / 1,000 USD = -0.59%
Close position next day 2.40 USD * 2.46 units = -5.90 USD -0.207457 USD * 2.46 units = -0.51 USD (-5.90 USD + -0.51 USD) / 1,000 USD = -0.64%
Open position on Friday

(Triple fees apply on indices positions open on Fridays)

2.40 USD * 2.46 units = -5.90 USD (-0.207457 USD * 2.46 units) * 3 = -1.53 USD (-5.90 USD + -1.53 USD) / 1,000 USD = -0.74%
Commodity CFDs

Open BUY (Long) position

Leverage : x10

Initial Investment:
1,000 USD
OIL Ask rate
55.25 USD
Position
Open 181 units
OIL BUY
Total Investment worth
10,000 USD181 units * 55.25 USD
Amount invested:
1,000 USD (181 units * 55.25 USD) / 10
eToro Typical Spread for Oil
5 pips (0.05 USD)

eToro BUY Overnight fee: -0.005963 USD
Overnight fees formula = Fee * Number of units

SPREAD COSTS IN USD OVERNIGHT FEES IN USD TOTAL COST ON INITIAL INVESTMENT IN %
Close position same day 0.05 USD * 181 units = -9.05 USD 0 USD -9.05 USD / 1,000 USD = –0.91%
Close position next day 0.05 USD * 181 units = -9.05 USD -0.005963 USD * 181 units = -1.08 USD (-9.05 USD + -1.08 USD) / 1,000 USD = -1.01%
Open position on Wednesday

(Triple fees apply on commodities positions open on Wednesdays)

0.05 USD * 181 units = -9.05 USD (-0.005963 USD * 181 units) * 3 = -3.24 USD (-9.05 USD + -3.24 USD) / 1,000 USD = -1.22%

NOTE: The Overnight Fees for METALS are calculated/adjusted currently on a monthly basis taking the Price of the Instruments on the first day of the month at 00:00 GMT

Currency CFDs

Open BUY (Long) position

Leverage : x20

Initial Investment:
1,000 USD
EURUSD Ask rate
1.1190 USD
Position
Open 17,873 units
EURUSD BUY
Total Investment worth
20,000 USD17,873 units * 1.1190 USD
Amount invested:
1,000 USD (17,873 units * 1.1190 USD) / 20
eToro Typical Spread for 1 EURUSD unit
3 pips (0.0003 USD)

eToro BUY Overnight fee: -0.000113 USD
Overnight fees formula = Fee * Number of units

SPREAD COSTS in USD OVERNIGHT FEES in USD TOTAL COST ON INITIAL INVESTMENT in %
Close position same day 0.0003 USD * 17,873 units = -5.36 USD 0 USD -5.36 USD / 1,000 USD = -0.54%
Close position next day 0.0003 USD * 17,873 units = -5.36 USD -0.000113 USD * 17,873 units = -2.02 USD (-5.36 USD + -2.02 USD) / 1,000 USD = -0.74%
Open position on Wednesday

(Triple fees apply on Forex positions open on Wednesdays)

0.0003 USD * 17,873 units = -5.36 USD (-0.000113 USD * 17,873 units) * 3 = -6.06 USD (-5.36 USD + -6.06 USD) / 1,000 USD = -1.14%


NOTE
: The Overnight Fees for all currencies are calculated/adjusted currently on a monthly basis taking the price on the first day of the month at 00:00 GMT and the Tom/Next during that time

Looking to trade CFDs?

eToro’s vast offering, cutting edge and easy-to-use platform is the place for you.

START TRADING

eToro Money is a smarter way to manage your money on eToro. Enjoy fee-free deposits, instant withdrawals, and the eToro debit card (Club members only). It’s free, no subscription or hidden costs. Check whether eToro Money is available in your region here.

Account/Card Fees

EU
Account Fees Non-club & Silver to Platinum Tier Platinum + and Diamond Tier
Price Per Month Free* Free*

* Until 2023

UK
Account Fees Green* Black
Price Per Month Free** Free**
ATM £650 p/m free – 1.5% after £1000 p/m free – 1.5% after
FX Market leading exchange rates***
Card maintenance fee Free Free
Replacement card fee £10 £80
1st Card delivery Regular Free Free
1st Card delivery Urgent Free Free
Replacement Card delivery regular Free Free
Replacement Card delivery urgent Free Free
Chargebacks – if fails Free Free
Chargebacks – if not fails Free Free
POS Domestic Free Free

*including non-card holders

** Until 2023

*** Marketing leading based on research by eToro April 2022.

– 0.25% above interbank exchange rate for all eToro-approved currencies (Sunday 10:02pm – Friday 10pm UK)

– 0.5% above interbank exchange rate for all eToro-approved currencies (Friday 10:01pm – Sunday 10:01pm UK)

– All other currencies: 0.55% at all times

eToro-approved currencies

Australian Dollar (AUD) Pound Sterling (GBP) Poland Zloty (PLN)
Canadian Dollar (CAD) Hong Kong Dollar (HKD) Singapore Dollar (SGD)
Swiss Franc (CHF) Israeli Shekel (ILS) South African Rand (ZAR)
Czech Koruna (CZK) Mexican Peso (MXN) Turkish Lira (TRY)
Danish Krone (DKK) Norwegian Krone (NOK) Swedish Krona (SEK)
Euro (EUR) New Zealand Dollar (NZD) US Dollar (USD)
Thai Baht (THB)

eToro card foreign exchange rates

UK

The eToro debit card offers market-leading exchange rates across the globe*

 

Rate Currencies Times
0.25% above interbank rate eToro-approved currencies** Sunday 10:02pm – Friday 10pm UK
0.5% above interbank rate eToro-approved currencies** Friday 10:01pm – Sunday 10:01pm UK
0.55% above interbank rate All other currencies At all times

 

* FX competitiveness based on research by eToro in April 2022.

** See eToro-approved currencies under ‘Account/Card Fees’ above

Account activity limits

EU
Limit Template Non-club & Silver to Platinum Tier Platinum + and Diamond Tier Transaction Count Time Period
Daily Load Limit 300,000 Euro Unlimited 5 1 day
Max Single Load Limit 300,000 Euro Unlimited N/A N/A
Max Balance 700,000 Euro Unlimited N/A N/A
SEPA In – Daily Limit 250,000 Euro 1,200,000 Euro 10 1 day
SEPA In – Monthly Limit 300,000 Euro 19,600,000 Euro 150/300 30 days
SEPA In – Annual Limit 3,500,000 Euro 200,000,000 Euro 1800/3600  365 days
SEPA Out – Daily Limit 30,000 Euro 60,000 Euro 5/10 1 day
SEPA Out – Monthly Limit 300,000 Euro 1,100,000 Euro 150/300 30 days
SEPA Out – Annual Limit 3,500,000 Euro 15,300,000 Euro 1800/3600 365 days
UK
Limit Template Green Black Transaction Count Time Period
Daily Load Limit £250,000 Unlimited 20 1 day
Max Single Load Limit £250,000 Unlimited N/A N/A
Max Balance £600,000 Unlimited N/A N/A
ATM Annual Limit £36,000 £226,000 3600 365 days
ATM Monthly Limit £3,000 £18,000 300 30 days
ATM Daily Limit £1,000 £3,000 12 1 days
ATM Minimum £5 £5 N/A N/A
ATM Maximum £500 £1,000 N/A N/A
Annual Spend Limit £600,000 £1,200,000 18000 365 days
Monthly Spend Limit £50,000 £100,000 1500 30 days
Daily Spend Limit £10,000 £25,000 50 1 day
Max Single Txn Value £10,000 £25,000 N/A N/A
Faster Payment In – Daily Limit £250,000 £1,200,000 10 1 day
Faster Payment In – Monthly Limit £250,000 £14,400,000 150/300 30 day
Faster Payment In – Annual Limit £3,000,000 £172,800,000 1800/3600 365 days
Faster Payment Out – Daily Limit £25,000 £50,000 5/10 1 day
Faster Payment Out – Monthly Limit £250,000 £1,500,000 150/300 30 days
Faster Payment Out – Annual Limit £3,000,000 £18,000,000 1800/3600 365 days
Copytrader

CopyTrader™

When using CopyTrader™, there are no extra fees or hidden costs.
Spreads and overnight fee may be applied according to each opened copied position as listed on this page.

Smart Portfolios

Investing in leading, thematic ready-made portfolios. There are no management fees or any kind of commission, other than those applied with assets comprising each portfolio. Stock portfolios are commission free.

General Fees

Deposit Fee
Free
Withdrawal fee
$5

eToro charges a low fixed fee for withdrawals, to cover some of the expenses involved in international money transfers.

Minimum Withdrawal Amount $30

Platinum, Platinum + and Diamond Club members are not subject to withdrawal fees.

Conversion fees (Charged according to PIPs)

Withdrawals and deposits are conducted in USD. Any other currency will have to be converted and, therefore, will incur a conversion fee.

 

PIP is an acronym for percentage in point or price interest point. A PIP is the smallest price move that an exchange rate can make, based on foreign exchange market convention — usually the fourth decimal place. For more information, see here.

Bronze, Silver & Gold

Note: Not all payment methods are available for all currencies.

Payment method eToro Money Wallets1 Online Banking2
Debit/Credit Card Bank transfer
Currency Deposit Withdraw Deposit Withdraw Deposit Withdraw Deposit Withdraw Deposit Withdraw
AUD, EUR, GBP, CHF Free 150 150 150 150 150 150 150 50 50
SEK, DKK, NOK 1,500 1,500 1,500 1,500
PLN, HUF 650 650 650 650
CZK 3,500 3,500 3,500 3,500
MYR 1,200 1,200 1,200
IDR, SGD 400 400 400
VND 63,000 63,000 63,000
PHP 2,500
THB 35

1PayPal, Neteller, Skrill

2Trustly, POLi, Przelewy24, Sofort, iDEAL, RapidTransfer

Depositing or withdrawing funds

When depositing or withdrawing funds into your eToro account:

eToro Club members enjoy discounts on the FX conversion fees for deposits and withdrawals, according to Club tier:

Club Tier Level Discount
Diamond 100%
Platinum
Platinum+
50%

 

Please note that these discounts do not apply for transfers made using credit or debit cards, and for transactions made in GBP, EUR & AUD using PayPal or Skrill.

Inactivity fee
$10/Month

After 12 months with no login activity, a $10 monthly inactivity fee will be charged on any remaining available balance. No open positions will be closed to cover the fee.

Ready to start trading?

Trade a wide range of assets and benefit from low fees and competitive spreads

CREATE YOUR FREE ACCOUNT

FAQ

  • 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. To learn more, please refer to Crypto, CFDs, and Other Fees.

  • 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 and weekend fees for CFDs?

    CFD positions that stay open overnight incur a small 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. Weekend fees are overnight fees that are charged for keeping positions open over the weekend. Therefore, a weekend fee is triple the overnight fee. Weekend fees are charged either on Wednesday or Friday, depending on the asset.

  • 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 LIBOR?

    The LIBOR is the most commonly used benchmark rate that is given by banks when charging other banks for short-term loans. LIBOR stands for London Interbank Offered Rate. There are a total of 35 different LIBOR rates posted each day, ranging from overnight to 12 months, and based on five different currencies. eToro uses the 1-month USD LIBOR rate for calculating overnight fees for stocks.

  • Can daily rollover fees, on CFDs, change?

    Rollover (weekend/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 rollover fees/refunds by checking our fees page. Please note that fees may change without advance notice.

  • How are fees, on CFDs, calculated?

    Spread:

    Spread * Price in USD * Number of units

    Overnight fees (per night):

    Fee * amount of units

  • 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.

    Portfolio with fees

  • 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.

    Trade window with overnight fees

  • When do I pay overnight fees?

    Overnight fees are charged every night between Monday and Friday at 17:00 EST for open CFD positions. The weekend fee (x3) is charged on Fridays for most stocks, ETFs and indices CFDs and on Wednesday for most commodities  and currencies. Overnight fees for oil and natural gas are charged on Fridays.

    Overnight fees for cryptocurrencies are charged daily.

    For more information on overnight fees, please see What are overnight fees?

  • 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 overnight fees calculated for trades made in euros (EUR)?

    For SELL trades made in euros (EUR), overnight fees will be calculated according to 2.9% + ESTR.

    For BUY trades made in euros (EUR), overnight fees will be calculated according to 6.4% + ESTR.

  • How are overnight fees calculated for trades made in Swiss Francs (CHF)?

    For SELL trades made in Swiss Francs (CHF), overnight fees will be calculated according to a 2.9% + CHF Overnight Deposit.

    For BUY trades made in Swiss Francs (CHF), overnight fees will be calculated according to a 6.4% + CHF Overnight Deposit.

  • 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 trading 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. FURTHER DETAILS IN RELATION TO OUR FEES MAY BE FOUND [HERE].

  • 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.