What are the fees for trading on eToro?
eToro utilizes a variety of fee structures for its trading services, which may vary depending on the asset class and trading activity. One of the most notable aspects of eToro's fee structure is that it does not charge a commission on stock trades, which is particularly appealing to many investors. However, there are other fees that traders should be aware of, including spreads. The spread is the difference between the buy and sell price of an asset and can fluctuate based on market conditions. Traders may encounter variable spreads for different instruments, especially with cryptocurrencies and Forex trading.
Additionally, eToro charges overnight fees, also known as swap fees, for positions held overnight. This fee applies primarily to leveraged positions and can vary based on the specific asset. For users of eToro who do not engage in trading activities for a certain period, an inactivity fee may also be applicable. This fee is charged after a specified period of inactivity on the account.
It is important for traders to review the relevant sections of the eToro website or platform, as fees can be subject to change and may depend on the specific assets being traded. For detailed and current fee information, it is advisable to explore the trading fees section on the eToro platform directly.
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