eToro Review 2026: Test, Fees and Regulation

## Overview of eToro Launched in 2007 in Israel, eToro is now one of the most well-known online brokers globally, with over 30 million users across more than 140 countries. Its signature feature: **social copy trading**, which allows you to automatically copy the trades of top-performing traders selected on the platform. eToro has democratized access to financial markets. The Nasdaq-listed company (ETOR) operates from Cyprus for its European clients and offers CFDs on forex, indices, commodities, and cryptocurrencies, as well as real stocks and ETFs (non-CFD). ## Regulation and Security - **CySEC (Cyprus Securities and Exchange Commission)** — License 109/10 for eToro (Europe) Ltd - **FCA (Financial Conduct Authority)** — for UK clients - **ASIC (Australian Securities and Investments Commission)** — for Australian clients - **CASP (Crypto Asset Service Provider)** — CySEC registration in 2025, MiCA compliant for European crypto services Client funds are segregated and held in third-party accounts. eToro provides negative balance protection for retail CySEC and FCA clients. ## Fees and Spreads ### Spreads - **Forex:** 1.0 pip on EUR/USD on average (up to 3.0 pips during high volatility) - **Indices:** from 1 pip - **Crypto:** separate commission structure updated in 2025 for MiCA compliance ### Commissions - **Real stocks and ETFs:** **0 commission** (buying and selling without brokerage fees) - **Stock and ETF CFDs:** spread only ### Additional Fees - **Withdrawal fee:** $5 per withdrawal - **Inactivity fee:** $10 per month after 12 months without logging in - **Conversion fee:** 50 pips if your account is not in USD ### Minimum Deposit - **$50** in most regions - **$10** in selected countries ## Trading Platforms eToro does not offer MetaTrader. The platform is entirely proprietary: ### eToro Web Platform - Intuitive interface designed for beginners - Integrated charting with technical indicators - Social news feed (community activity feed) ### Mobile App - Feature-rich iOS and Android mobile app - Push notifications for copied trades ### CopyTrader and CopyPortfolio - **CopyTrader:** select a popular trader, allocate an amount, and every trade is proportionally replicated in your account - **CopyPortfolio:** thematic asset baskets managed by the eToro team ## Available Assets eToro offers over **3,000 instruments**: | Category | Count | Examples | |---|---|---| | Real Stocks | 2,000+ | Apple, Tesla, Nvidia, LVMH | | Real ETFs | 200+ | SPY, QQQ, VOO | | Forex CFD | 49 pairs | EUR/USD, GBP/JPY, AUD/CAD | | Indices CFD | 15+ | US500, US30, GER40, UK100 | | Commodities CFD | 25+ | Gold, oil, silver, copper | | Crypto | 50+ | Bitcoin, Ethereum, Solana, XRP | ## Maximum Leverage - **European retail clients (CySEC/FCA):** 1:30 on forex, 1:20 on indices, 1:10 on commodities, 1:5 on crypto, 1:5 on stock CFDs - **Professional clients:** up to 1:400 on forex - **Non-EU clients:** higher leverage depending on jurisdiction ## Demo Account eToro provides a **virtual demo account** with a $100,000 practice balance. Note: you must first open a real account to access it. The demo account does not grant access to the social CopyTrader network. ## Pros and Cons ### Strengths - Unique copy trading (CopyTrader, CopyPortfolio) - 0 commission on real stocks and ETFs - Highly accessible interface for beginners - Multi-jurisdictional regulation (CySEC, FCA, ASIC) - Broad selection of assets (3,000+ instruments) - MiCA compliant crypto via CASP ### Weaknesses - High forex spreads (1 to 3 pips EUR/USD) - No MetaTrader 4/5 - $5 withdrawal fee - Currency conversion fee (50 pips) - Limited demo account (no social copy) - Limited European retail leverage (1:30 forex) ## Who is eToro for? eToro is particularly suited for **beginners** who want a simple, visual platform, **long-term investors** in stocks and ETFs without brokerage commissions, users interested in **social copy trading**, and crypto investors looking for a MiCA-compliant environment. However, eToro is **not suited** for forex scalpers (spreads too wide, no MT4/MT5, limited retail leverage). For scalping, prefer a broker like Vantage or IC Markets. ## Comparison with Prop Firms | Criterion | eToro (CFD Broker) | Prop Firm (FTMO, Topstep...) | |---|---|---| | Starting Capital | Your own money (from $50) | Challenge fee ($49 to $599) | | Objective | Personal profits | Pass evaluation to get funded account | | Leverage | 1:30 retail EU | 1:100 generally | | Platforms | Proprietary eToro | MT4, MT5 | | Copy Trading | Yes (CopyTrader) | No | Combining eToro and a prop firm is an excellent strategy: use eToro to practice and follow successful traders, then take a prop firm challenge to trade with external capital. To explore options, check our [comparateur de prop firms](https://fundedtrader.fr/comparateur-prop-firms) and our [guide de validation du challenge FTMO](https://fundedtrader.fr/blog/valider-challenge-ftmo-2026). ## Alternatives to eToro - [Prop firms sans challenge](https://fundedtrader.fr/blog/prop-firm-sans-challenge-opportunite-ou-piege-pour-le-trader) - [Formation trading débutant pour compte financé en 90 jours](https://fundedtrader.fr/blog/formation-trading-debutant-compte-finance-90-jours) - [Guide complet pour réussir un challenge FTMO](https://fundedtrader.fr/blog/ftmo-guide-complet-reussir-challenge-2026) - [Les 4 meilleures prop firms pour vivre du trading](https://fundedtrader.fr/blog/les-4-meilleures-prop-firm-pour-vivre-du-trading) ## Articles Related to eToro - [AvaTrade vs eToro : quel broker CFD choisir en 2026 ?](https://fundedtrader.fr/blog/avatrade-vs-etoro-quel-broker-cfd-choisir-en-2026) - [eToro vs Vantage : quel broker CFD choisir en 2026 ?](https://fundedtrader.fr/blog/etoro-vs-vantage-quel-broker-cfd-choisir-en-2026) - [eToro avis 2026 : test complet, frais, régulation et copy trading](https://fundedtrader.fr/blog/etoro-avis-2026-test-complet-frais-copy-trading) ## Conclusion eToro is the undisputed leader in social copy trading and an excellent choice for beginners or long-term investors seeking a user-friendly platform. Regulated by CySEC and FCA, 0 commission on stocks, and a broad range of assets justify its popularity. However, for active trading, scalping, or algorithmic strategies, wide spreads and the absence of MetaTrader are major drawbacks. 👉 **Ready to move up to professional trading?** Visit [Fundedtrader.fr](https://fundedtrader.fr) to discover how to get your prop firm challenge passed and trade with $5,000 to $1,000,000 in capital.