Description
eToro Review 2026
Is eToro worth it for beginners? I read the reviews on Trustpilot, Capterra, G2 and BrokerChooser so you don’t have to.
51% of retail CFD accounts lose money. Cryptoassets are a highly volatile unregulated investment product. No EU investor protection. Your capital is at risk.
ℹ️ Affiliate disclosure
If you sign up through our link, Mondosol may earn a referral fee at no extra cost to you. eToro didn’t pay for or approve this review, and it never changes what we write, including the bad parts.
Free trading course when you sign up
Open a new eToro account through the link for your country and eToro gives you its trading course for free (eToro values it at $2,000). It’s a good fit if you’re new to investing and want to learn before you put money in.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. See eToro’s risk warnings
Offer for new users who sign up through these links. Available in the countries listed; terms set by eToro. Not investment advice.
Is eToro worth it?
- ✅ Yes, if you’re a beginner who wants to learn by copying others, or buy ETFs at 0% commission.etoro.com
- ⚠️ Think twice if you need fast human support , a top complaint.TrustpilotBrokerChooser
- 🚩 Account locks and closures are the most common 1-star story this month.Trustpilot
- 💡 Low-risk test: start with a small deposit and try a withdrawal first.etoro.com
What real users said, and what I found
Short quotes from public reviews, copied word for word. Click any card to read the full review.
“Very easy to get even a basic understanding of stocks and shares. Great learning platform…”
Elio’s cross-check: matches BrokerChooser, which rates the app highly. Beginners are the sweet spot.
“Can not speak to an agent easily and they dont; explain how to do things when you get through.”
Elio’s cross-check: BrokerChooser also lists hard-to-reach support as a con. eToro replied publicly with a call-booking link.
“The most important thing, which is withdraw money was extremely fast.”
Elio’s cross-check: he still removed a star for currency conversion fees, a common theme.
“Last week got an email saying they had decided they could no longer accept my custom and were closing my account. No explanation given.”
Elio’s cross-check: account closures and locks are the biggest 1-star theme right now.
“A great platform in many ways, easy to use, and charts are excellent. On the other hand… fees are on the high side”
Elio’s cross-check: a fair summary: strong app, check the fees before you fund.
“Expensive platform, FX conversion fees much higher compared to other platforms”
Elio’s cross-check: eToro’s fees page says conversion fees vary by location, payment method and Club level. Check yours first.
“Helped clarifying a few things about trading and how to tailor my experience in eToro to my needs”
Elio’s cross-check: an invited review after an advisor call. Many recent 5★ reviews are invited, often about client events.
“My account was locked for 10 days. I’ve been a customer since 2021 and never had issues.”
Elio’s cross-check: the same lock pattern as other reviews. Keep your ID documents current.
“eToro is a friendly place to learn investing, and ETFs carry no commission. The risk is access, not the app: fund small, test a withdrawal early, and never park money you’ll need next week.”
Think I’m wrong? If eToro worked better for you than I give it credit for, or worse than I say, prove it. Leave your review below and let’s open the discussion.
Pros
- 📚 Easy to learn for beginnersTrustpilotBrokerChooser
- 👥 CopyTrader at no extra feeetoro.com
- 💸 0% commission on ETFsetoro.com
- ⚡ Fast withdrawals for some usersTrustpilot
- 📱 Well-designed app with two-step loginBrokerChooser
Cons
- 🔒 Account locks and closures reportedTrustpilot
- ☎️ Support hard to reachTrustpilotBrokerChooser
- 💱 FX conversion fees add upTrustpilotBrokerChooser
- 🏧 $5 withdrawal fee from a USD accountetoro.com
- 🪙 1% fee on manual crypto tradesetoro.com
Try eToro →51% of retail CFD accounts lose money. Cryptoassets are a highly volatile unregulated investment product. No EU investor protection. Your capital is at risk.
Why listen to me?
- 🏆 One of the top Airbnb hosts in the world
- 📰 Featured in Repubblica
- 🔑 Ran a short-term rental business until 2022
- 🔍 Cross-checked 8 real reviews against 32,129 Trustpilot reviews, the fees page and an independent broker test
My verdict: good for learning and ETFs. Fund small, test a withdrawal, and keep your documents ready.
Try eToro →51% of retail CFD accounts lose money. Cryptoassets are a highly volatile unregulated investment product. No EU investor protection. Your capital is at risk.
See it in action
eToro’s official 1-minute getting-started video, from October 2022. The app has changed since, so treat it as an overview.
How much does eToro cost?
No account or management fee. You pay on trades, conversions and USD withdrawals.
| Fee | Cost | Notes |
|---|---|---|
| ETFs | $0 | No commission |
| Stocks | $1 or $2 | Per open and close, by country and exchange |
| Crypto | 1% | Per manual position, Bronze to Gold members |
| CopyTrader | No extra fee | Normal spreads and overnight fees apply |
| Withdrawal | Free or $5 | $5 from a USD account; free from GBP, EUR, DKK |
| Inactivity | Free | As listed on the fees page |
| First deposit | $50 | “$50 gets you in” (eToro homepage) |
Source: etoro.com fees page, checked Sep 29, 2026. Conversion fees vary by location, payment method and Club level.
🧮 Quick math
Opening and closing one stock position can cost $2–$4 in commission. On a $100 position, that is 2–4%. Investing small? ETFs at $0 commission go further.
Related tools we review
Only tools we have a partner link for. We don’t link to competitors we don’t review.
New to investing? Ask Elio first.
Book a free 15-minute call. Tell me what you want to learn and I’ll tell you honestly whether eToro is the right place to start.
People also ask
Is eToro regulated?
Yes. eToro (UK) Ltd is regulated by the FCA, eToro (Europe) Ltd by CySEC and eToro AUS Capital by ASIC. In the US, eToro USA LLC is registered with FinCEN.
Does eToro charge for copy trading?
No extra fee. The same spreads and overnight fees apply as on manual trades.
What is the minimum deposit on eToro?
The eToro homepage says “$50 gets you in.”
Does eToro charge withdrawal fees?
Free from local GBP, EUR or DKK accounts. A fixed $5 from a USD account, with a $30 minimum.
Why do people complain about eToro?
On Trustpilot, the main 1-star themes are account locks or closures, slow support and conversion fees.
Is this review sponsored?
No. Mondosol may earn a referral fee if you sign up through our link, but eToro didn’t pay for or approve this review. That’s why the negative reviews are here too.
Ready to start small?
Open an account, fund a small amount, test a withdrawal, then come back and tell other readers how it went.
Try eToro →51% of retail CFD accounts lose money. Cryptoassets are a highly volatile unregulated investment product. No EU investor protection. Your capital is at risk.
Or open eToro’s homepage (partner link) →51% of retail CFD accounts lose money. Your capital is at risk.
⭐ Used eToro? Leave an honest review — good or bad — and earn Mondosol points.
Risk warning. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Cryptoassets are volatile instruments which can fluctuate widely in a very short time frame and, therefore, are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and, therefore, is not supervised by any EU regulatory framework. Your capital is at risk. This page is not investment advice.
Elio Mondello Anza (Mondosol) –
Expert verdict: 3.6/5, based on public reviews on Trustpilot, Capterra, G2 and the BrokerChooser broker test (not a hands-on test). eToro is a friendly place to learn investing: CopyTrader has no extra fee and ETFs carry no commission. The biggest risk in recent reviews is access, not the app: account locks, closures and hard-to-reach support. Fund small, test a withdrawal early, and keep your ID documents current. 51% of retail CFD accounts lose money. Your capital is at risk.