eToro UK review 2025

eToro lets you trade stocks, exchange-traded funds (ETFs), contracts for difference (CFDs), commodities, and currencies. As well as low-cost investing, eToro also offers pre-made "Smart Portfolios" and a CopyTrader service, which lets users automatically copy and execute other investor's trades.

Yes, eToro's accounts come with full Financial Services Compensation Scheme (FSCS) protection. So deposits up to £120,000 would be protected if eToro was to go bust. However, funds held in it's new GBP eToro money account are not covered by FSCS protection.

eToro is a multi-asset platform where you can invest commission-free on both UK and international stocks, which is why we've given it a top rating for fees. However, nothing in this world is completely free, there are some charges, as we highlight in our fees section.

We've tried out the app and rates the key aspects of it that investors care about. We've named it our best trading app for 0% commission on stocks. The platform is well-known for its social features, like the News Feed and CopyTrader features, which lets you see what other traders are doing, and you guessed it, copy them. You can read more about copy trading in our guide.

We've explained the copy trading feature in a bit more detail below. Bear in mind, you're not guaranteed to make any profits, and your money is at risk when you invest.

In some senses, yes. It's free to open and hold an account with eToro. And, you can trade real stocks and shares with no commission. However, some charges and fees apply with eToro such as FX (foreign exchange fees) and withdrawal fees. You can check out the full costs in our review.

Yes, eToro is a legit, regulated multi-asset brokerage. It's available in multiple countries and has been around since 2007.

Yes, eToro is regulated by the Financial Conduct Authority (FCA) in the UK. So you can rest assured that the organisation is properly overseen for its investment services.

You'll see leverage being referred to on the site as a ratio, such as 1:30 that you see above. Leverage allows you to open positions that are larger than your capital. For the example above, for every £1 you trade, you have the effect of £30 capital. Because of this, it is possible to lose more than your initial investment, which makes it riskier. You may have to have the funds available in your account to cover losses.

eToro is the leading social trading platform because of its "CopyTrader" feature. The social features mean you can connect with others to share your investment strategies and discuss trades. You can also copy other traders' actions in real-time. This is a nice way of getting the hang of how it works and utilising knowledge and experience from successful investors.

The platform allows you to filter the different traders that you can copy by plenty of metrics like the risk score, how many people already copy them, number of profitable weeks they've had, and where they're located. It also has "trending" traders and "top investors".

The platform lets you see the users' average risk score and gains in the last year. Of course, as always, past performance is not an indication of future results.

If you're more of an advanced trader, eToro allows you to trade contracts for difference (CFDs). These allow you to trade on market volatility without ever having to own the underlying asset. Great if you don't want a truck full of soybeans rocking up on your doorstep.
Features of eToro's CFD trading platform include:

• Customised risk management. "Trailing Stop Loss" and "Take Profit" can help you protect your investments.
• Analysis tools. Includes charts, analyst consensus and insider transactions.
• Innovative features. These include One-Click Trading, real-time alerts and interactive newsfeeds.
• Leverage. You can apply for up to 1:30 leverage.

The eToro Club is a tiered membership program that you can add to your eToro account, based on the amount of realised equity you have on the platform. It offers a range of perks including fee discounts, analytical tools and access to events.

You can get additional benefits and features with each upgrade in the eToro Club. The tiers are:

• Silver – $5,000+
• Gold – $10,000+
• Platinum – $25,000+
• Platinum+ – $50,000+
• Diamond – $250,000+

eToro Money is available to all eToro members, with an added benefit of a Visa debit card for eToro Club members (explained above). This lets you deposit and withdraw money from your account. Those with a Visa card can do so with their card, with no setup costs or monthly feed. Those who aren't eToro Club members get a sort code and account number, which lets you send and receive funds into and out of your eToro account without any conversion fees.

It takes 30 seconds to create your investing account via the eToro website, but you'll then need to complete your profile and verify your account. This can take 10-15 minutes.

1. Create an account. This doesn't take long. You just need to choose a username and enter your email address and a password.
2. Provide more information. You'll need to select "complete your profile" to enter this. We've listed some of the things eToro will ask for below.
3. Answer some questions. These will be about your experience of trading in the past, including equities, and leveraged products.
4. Tell eToro what you plan to trade and for how long. You can choose between all the options available.
5. Give an indication of your future plans. This includes information about what you're investing for and your expected risk and reward scenario.
6. Provide a photo of your ID. You'll have to provide a copy of your passport or ID card and a utility bill or bank statement.

You'll need to provide:

• Your name
• Your date of birth
• Your address
• Your national insurance number
• Whether you are a US citizen
• Information about your income
• Your phone number and email

It can take up to 3 business days for your account to be verified.

Once you've been verified, you can deposit funds and start trading. With the free account, you can access many of the regular eToro features like CopyPortfolio, virtual trading and TipRanks expert stock analysis.

You can add and remove stocks or ETFs to your watchlist, and also track your portfolio.

However, when using the platform, keep in mind that only basic stock orders are commission-free. It can be quite easy to get carried away and start dabbling in other types of assets, but these will attract trading fees and may hold more risk.

eToro has partnered with Broadridge Financial Solutions to enable proxy voting. This means that as a shareholder (even of fractional shares) you can participate in annual general meetings (AGMs) by casting votes. Votes are aggregated and shared with the company.

The company has offices all over the world. In the UK, eToro has an office in Canary Wharf (24th floor, One Canada Square, Canary Wharf London, E14 5AB). You've probably no need to go and knock on its doors, but it's handy to know it's there.

It can be, but not always. Some traders have been very successful using the social copy trading features, but others haven't. Ultimately, it comes down to the skill of the trader you're copying and also what the rest of the market conditions are like when you trade.

Typically, it's always worth still doing your own research on investments rather than blindly following anyone. Still, the copy trading feature is definitely useful to get an idea about popular trades and market moves.

This is a trading term. It's a type of trading order that falls under the category of a "limit order". Take profit (TP) basically means that when your shares (or other investment) hits a specific price, eToro will automatically close your position and sell, locking in your profit. It's useful because if your investment reaches a price you're happy with, you can close your trade without needing to monitor things in person. Stop Loss and Take Profit are not guaranteed and trading with leverage involves high risk.

Dividends are paid into your eToro account as cash. You'll get an email, notification and an activity feed item when those are paid.

Not yet. But this is the latest from the eToro team: "It shouldn't be too difficult to do once we have more resources available. We already have all the necessary APIs for the mobile apps anyway."

Yes you can! Download eToro either on the App Store or get it on Google Play.

No, eToro is not a financial advice service and does not provide investing advice. Investors are responsible for their own purchasing and trading decisions.

Yes, you will likely need to pay tax on any gains you make from buying and selling shares, although this will depend on your personal tax rate. However, you can invest up to £20,000 per year in the investment ISA, which will not be subject to tax, but eToro does not have an ISA option available.

You can withdraw your money using the app directly into your bank account. There is a £5 fee for same-day withdrawals.

No, eToro does not offer a stocks and shares ISA (individual savings account). It isn't known whether this is going to be offered in the future. There are plenty of different platforms that you can get an ISA with, so it's worth taking a look at our stocks and shares ISA comparison if this is what you're looking for.

eToro makes money by charging a range of fees on certain types of trades. While it's free to start using eToro, you'll need to pay for most of its trademark trading features and options.

eToro is good for investors who understand what they're doing with investing, or those who have done some research. The platform can be overwhelming and quite confusing for beginners, but if you stick with it and research what you're unsure of, it's possible to pick it up.