eToro is a popular online investing platform that allows users to trade stocks, cryptocurrencies, CFDs and more. It’s available in several countries around the world including the USA, so you might be wondering if it’s possible to use eToro in Canada. Keep reading to find out.
Is eToro available in Canada?
No, eToro is not available in Canada. Although this popular trading platform operates in several countries around the world, Canada is not one of them.
So if you want to trade stocks, ETFs and other investments in Canada, you’ll need to consider other options like the six eToro alternatives featured below.
Like eToro, Interactive Brokers offers access to a wide range of trading products. In fact, it lets users trade on 160 global markets, supporting stocks, ETFs, bonds, options, futures and more. It also offers a choice of trading platforms and apps based on your level of experience, along with advanced order types and charting tools to suit active traders. As a result, it offers an impressive suite of tools and resources for Canadian investors.
Pros
Trade a huge range of assets and global markets
Tools to suit beginners as well as advanced traders
Highly rated mobile app
Supports fractional share trading
Cons
Some features may be overwhelming for beginners
Subscription fee for real-time market data
Doesn't support crypto trading in Canada
Monthly Account Fee
$0
Account Types
RRSP, TFSA, Personal, Joint
Available Asset Types
Stocks, Bonds, Options, Index Funds, ETFs, Forex, Currencies, Futures
Get 100 free online stock and ETF trades when you open a new account & get up to $15,000 in cashback when you transfer funds from outside CIBC to your new or existing account. Valid until March 31, 2026. T&Cs apply.
CIBC Investor's Edge is an easy-to-use online trading platform that's well worth a look if you want to invest with a Big Bank broker. It offers online and mobile platforms that are easily accessible for beginners as well as experienced traders, and it lets you trade stocks, ETFs, options and more in a wide variety of account types. And with stock screeners, market analysis and charting tools also available, there are plenty of good reasons to check out CIBC Investor's Edge.
Pros
User-friendly platform
Fee discounts available for active traders, young traders and students
Also supports margin trading:Good range of research tools available
Cons
You'll get cheaper fees from discount brokerages
Difficult to fund your account if you're not a CIBC customer
$100 annual fee if you don't meet minimum balance requirements
Perhaps the biggest selling point is commission-free stock trading, a feature that eToro offers to users in the US. You can trade stocks, ETFs, options and more with Questrade, and the fact that it supports fractional shares means you don't need a large bank balance to start investing. It also offers platforms to suit beginners as well as advanced traders, ensuring that investors of varying experience levels are well catered for.
Pros
Commission-free trading
Highly rated mobile app
Supports cash and margin trading
Supports fractional shares
Managed portfolios also available
Cons
High minimum investment required for bonds and GICs
No futures or crypto trading
Signup Offer
Get free contracts, no commissions and a 30 day free trial of Questrade Plus. Use the offer code FREEOPTIONS.
Discount brokerage Moomoo makes it easy to trade US and Canadian stocks and ETFs as well as US options. It offers stock screeners and market analysis to help inform your investing decisions, while customizable charting tools and over 100 technical indicators will please advanced traders. And with a demo account for practice trading, you can test out what Moomoo has to offer before deciding if it's right for you.
Pros
Quick and easy to sign up and start trading
Free US Level 2 data
User-friendly app
24/7 customer service
Cons
High fees for large trades
Trade Canadian and US markets only
Doesn't support as many account types as some other brokers
Signup Offer
Get up to $4,600 in trading perks.
Monthly Account Fee
$0
Account Types
RRSP, TFSA, Personal, FHSA
Available Asset Types
Stocks, Options, ETFs
ETF Transaction Cost
USD$0.99/stock
Option Fee
US stocks and ETFs: USD$0.99/stock (min. US$1.99 per trade)
Get 5% cash back on every dollar you invest up to $15,000 and 1% cash back on any amount above that. Plus, new clients receive unlimited free trades. Use code QTRADE2025. Valid until January 5, 2026. T&Cs apply.
Qtrade is a well-established name in the world of Canadian online brokers. Like eToro, it offers access to a wide range of investment types, including stocks, ETFs, options and bonds. Qtrade also provides handy stock screeners, access to independent research, real-time quotes and a trial trading account, so it has plenty to offer to Canadian investors.
Pros
$0 commissions on equities, mutual funds, ETFs and options
User-friendly trading platform
Plenty of research and analysis tools
Handy portfolio analytics tools
Cons
No futures trading
Signup Offer
Get 5% cash back on every dollar you invest up to $15,000 (up to $750 cash back) and 1% cash back on any amount above that (up to max. cash back of $2,000). Plus, new clients receive unlimited free trades. Use code QTRADE2025. Valid until January 5, 2026.
RBC Direct Investing is another big name in the world of online trading. This broker offers online and mobile trading as well as a customizable dashboard, along with plenty of educational resources for new investors. There's plenty to keep experienced traders happy too, including stock screeners, advanced charting tools and margin accounts. And with a Practice Account provided too, you get a chance to try before you buy.
$9.95 ($6.95 if you place 150+ trades per quarter)
Option Fee
$6.95 to $9.95 (+$1.25 per contract)
Stock Trading Fee
$9.95
FX Fee
0.10% - 1.60%
Min. Deposit
$0
How does the eToro trading platform work?
eToro is a little different to most conventional online trading platforms. Let’s take a closer look at the features it offers to investors.
Social trading
eToro is a social investing platform. When you create an account, you join over 20 million other eToro users around the world. eToro’s News Feed is essentially a social network where you can share ideas and trading strategies with other investors and see what trades others are making. You can also choose portfolios put together by top traders on the platform.
CopyTrader
eToro’s unique CopyTrader feature allows you to invest like the best-performing traders on the platform. Simply choose the investor you want to follow, then when they place a trade, you will automatically make the same trade.
Tradeable assets
eToro offers stock trading on 20 exchanges around the world, with competitive brokerage fees as well as commission-free stock trading for customers in some countries. In addition to stocks, you can also use eToro to trade ETFs, commodities, currencies and cryptocurrencies
In terms of brokers that serve Canadian users, Interactive Brokers is a top choice if you want exposure to a huge range of assets and global markets.
Demo account
If you want to practice your trading strategies before committing any real money, eToro provides a free demo account. This gives you a virtual balance of $100,000 to “invest” in any of the assets you can access through your real eToro account, with real-time stock trading included to give you an authentic experience.
Several brokers that serve Canadian users also offer demo accounts. These include RBC Direct Investing, Interactive Brokers and Moomoo.
Mobile app
Users can trade on eToro’s web platform or through its mobile app. Free to download from Google Play and the App Store, the app lets you trade stocks on 20 global exchanges, view market research and charts, check analyst ratings, track your portfolio and more.
Every broker featured in our list of eToro alternatives above offers a user-friendly mobile trading app.
Can you open an eToro platform in another country?
If you’re a US citizen who resides outside the USA, are you able to open an eToro account? Unfortunately, the answer is no.
For regulatory reasons, eToro is unable to provide its trading platform to US residents who do not reside in the USA.
Which countries does eToro operate in?
eToro is available in several countries around the world, including the US, UK, Australia and several European countries.
However, eToro is not available in the following countries and territories:
Afghanistan
Aland Islands
Albania
Algeria
Angola
Anguilla
Antarctica
Antigua and Barbuda
Armenia
Aruba
Azerbaijan
Bahamas
Barbados
Belarus
Belize
Benin
Bermuda
Bhutan
Bonaire
Bosnia and Herzegovina
Botswana
Bouvet Island
Brunei
Burkina Faso
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Central African Republic
Chad
Chagos Islands
China
Christmas Island
Cocos Islands
Comoros
Congo Republic
Cook Islands
Cote d’Ivoire
Crimea Region
Cuba
Curacao
Democratic Republic of the Congo
Djibouti
Dominica
Egypt
El Salvador
Equatorial Guinea
Eritrea
Ethiopia
Faroe Islands
Falkland Islands
Fiji
French Polynesia
Gabon
Gambia
Ghana
Greenland
Grenada
Guatemala
Guinea
Guinea-Bissau
Guyana
Haiti
Heard Island and McDonald Islands
Honduras
India
Indonesia
Iran
Iraq
Jamaica
Japan
Jordan
Kazakhstan
Kenya
Kiribati
Kosovo
Kyrgyzstan
Laos
Lebanon
Lesotho
Liberia
Libya
Madagascar
Malawi
Maldives
Mali
Marshall Islands
Mauritania
Mauritius
Micronesia
Moldova
Mongolia
Montenegro
Montserrat
Morocco
Mozambique
Myanmar
Namibia
Nauru
Nepal
Netherlands Antilles
New Caledonia
Nicaragua
Niger
Nigeria
Niue
Norfolk Island
North Korea
North Macedonia
Northern Cyprus
Pakistan
Palau
Palestinian Territories
Panama
Papua New Guinea
Paraguay
The Philippines
Pitcairn Islands
Russia
Rwanda
Saint Barthelemy
Saint Helena
Saint Kitts and Nevis
Saint Lucia
Saint Pierre
Saint Vincent and the Grenadines
Samoa
San Marino
Sao Tome
Saudi Arabia
Senegal
Serbia
Sierra Leone
Sint Maarten (Dutch Part)
Solomon Islands
Somalia
South Georgia and the South Sandwich Islands
South Sudan
Sri Lanka
Sudan
Suriname
Svalbard and Jan Mayen
Swaziland
Syria
Tajikistan
Tanzania
Thailand
Timor-Leste
Togo
Tokelau
Tonga
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Turks and Caicos Islands
Tuvalu
Uganda
Ukraine
Uzbekistan
Vanuatu
Vatican City
Venezuela
Virgin Islands (British)
Wallis and Futuna
Yemen
Zambia
Zimbabwe
Can you use eToro in Canada?
No, you cannot use eToro in Canada. Unfortunately, eToro does not provide its online trading services in Canada. So if you’re searching for a trading platform, you’ll need to consider eToro alternatives.
If you live somewhere eToro operates and you’re visiting Canada, it may be possible to access your account from Canada. However, your attempt to log in may also be blocked.
What is the best eToro alternative in Canada?
Some of the best alternatives to eToro in Canada are Interactive Brokers and Moomoo.
Interactive Brokers impresses with its platforms for beginners and experienced traders, its access to a huge range of assets and global markets, and its competitive commissions.
Moomoo is worth checking out if you want to trade Canadian and US stocks and ETFs on a platform that’s easy to use and that offers a variety of advanced trading tools to help inform your investment decisions.
That said, the best eToro alternative for you depends on factors like what you want to trade and whether you’re a beginner or an experienced investor. Make sure you compare a range of providers before choosing a trading platform.
Yes, it is now possible to buy eToro stock. eToro became a publicly traded company in May 2025 and trades on the Nasdaq stock exchange under the ticker symbol ETOR.
If you want to buy eToro stocks, you’ll need to open an account with an online trading platform that offers access to US exchanges, including the Nasdaq. You can then search for ETOR, specify the number of stocks you want to purchase and place a buy order. Learn more about what you need to do in our guide to investing in the Nasdaq from Canada.
Yes, eToro does offer crypto trading. Users in eligible countries can use the platform to access over 100 cryptocurrencies, including major coins and tokens like Bitcoin, Ethereum and Solana.
eToro allows users to purchase crypto with fiat currency, plus use an eToro crypto wallet through the eToro Money app. Customers in the EU, UK, Australia, the UAE and Seychelles can also take advantage of crypto staking to earn passive income from their digital currency holdings.
But if you want to trade crypto in Canada, you’ll need to choose an exchange that supports Canadian users.
eToro is not available in Canada — but several legit alternatives are. If you want to trade stocks, ETFs and a wide range of other investments, compare the best online trading platforms in Canada to find the broker that’s right for you.
Frequently asked questions about eToro
eToro is headquartered in Bnei Brak, Israel. It also has offices in the USA, UK, Cyprus, Australia and the UAE.
The best stock trading platform for you varies depending on factors such as your investing experience, the assets and markets you want to trade, and how often you want to place trades. Check out our guide to the best stock trading apps in Canada for more tips on choosing the right platform for your needs.
Yes, eToro is a legitimate online broker. Founded in 2007 and based in Israel, eToro is regulated by the relevant authorities in the countries in which it operates, such as the Financial Conduct Authority in the UK and FINRA in the USA.
Many Canadian brokerages do not currently offer crypto trading. However, some brokers do offer crypto trading services, such as Wealthsimple.
Tim Falk is a freelance writer for Finder. Over the course of his 15-year writing career, he has reported on a wide range of personal finance topics. Whether you're investing in stocks and ETFs, comparing savings accounts or choosing a credit card, Tim wants to make it easier for you to understand. When he’s not staring at his computer, you can usually find him exploring the great outdoors.
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