eToro Review 2026
eToro combines social trading with commission-free stock trading. Ideal for beginners who want to learn from experienced traders.
Fee Overview
Tradable Products & Features
Pros & Cons
Exchanges
Compare with Other Brokers
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high proportion of retail investor accounts lose money when trading CFDs. Make sure you understand the risks involved and only invest money you can afford to lose.
Verdict: eToro review
eToro answers a question no traditional broker asks: what if investing were social? Founded in 2007 and regulated by CySEC and the FCA, the platform pairs commission-free stock dealing with copy trading — you browse real portfolios of other users and replicate them automatically. For beginners who learn by watching, that is a genuinely different proposition, and our 3.9 rating acknowledges both the originality and the catches.
The strengths are easy to list. Real stocks and ETFs trade at €0 commission, fractional shares mean you can start with a $50 minimum deposit, and around 80 cryptocurrencies are available as real coins with staking and a transferable wallet — more crypto substance than any conventional broker in this test. A free, fully featured demo account lets you rehearse, deposits work via PayPal and card as well as bank transfer, and the optional eToro Money account currently pays up to 4.55% interest.
Now the catches. The account runs in US dollars, so every euro deposit and withdrawal incurs conversion costs, plus a flat $5 withdrawal fee. Execution happens internally on eToro's own venue rather than on public exchanges, deposit protection is the Cypriot ICF scheme at €20,000 — a fifth of the €100,000 German brokers offer — and crypto carries a 1% spread. CFDs sit one tap away from real assets, and the social feed can nudge users toward overtrading; the line between investing and gambling is thinner here than elsewhere.
Compared with Plus500, eToro is clearly preferable for most people because real shares and coins are available, not just derivatives. Compared with Trade Republic, you trade lower nominal commissions and social features against currency friction, weaker deposit protection and internal execution — for a German or Austrian ETF saver, Trade Republic wins comfortably.
Our verdict: eToro is a good fit for curious investors who specifically want copy trading or a broad real-coin crypto selection alongside stocks, and who will discipline themselves to ignore the CFD section. As a primary long-term brokerage account for euro-based savers, better-protected and cheaper-to-exit alternatives exist.