Understanding a trading platform‘s financial terms is key to choosing the right fit—and eToro’s structure is no exception. Whether youre weighing transaction charges, curious about inactive account penalties, or eyeing a risk-free demo account to practice, this guide cuts through the noise.
First, eToro‘s demo account stands out: it’s free, offers real-market access, and lets you test strategies with virtual funds—ideal for beginners or new traders. For active users, transaction charges vary: ETFs and CFDs trade commission-free, though other products may incur fees. Withdrawals? Mostly free for GBP/EUR accounts, with specifics in our FAQs.
Then theres the inactivity fee: eToro charges $10 monthly if your account sits idle for 12+ months. We clarify when this applies and how to avoid it. Legitimacy? Reputable regulators like ASIC and FCA oversee eToro, adding trust.
Below, we‘ve aggregated answers to your top questions—from minimum deposits ($10) to payment methods (Visa, bank transfers)—so you can grasp eToro’s costs, inactivity fee details, and demo account benefits at a glance.
If you want to learn more about eToros fees and demo account details, check out the FAQs below.
eToro Fees and Demo Account Related FAQs
Does eToro charge an inactivity fee?
eToro charges a $10 per month inactivity fee for accounts that have not been logged into for 12 months.
Yes, eToro is regulated by ASIC, CYSEC, and FCA, making it a secure and legitimate platform for trading.
Does eToro offer a demo account?
eToro offers a free demo account that allows you to trade with up to $100,000 in virtual funds to practice without risk.
Does eToro charge a withdrawal fee?
eToro charges no withdrawal fee for GBP and EUR accounts, while USD investment accounts may incur a fee.
What payment methods does eToro offer?
eToro supports deposits and withdrawals via Visa/MasterCard, bank transfers, PayPal, and several other payment methods.
eToro trades ETFs and CFDs with no commissions. However, there are other fees, such as spreads and overnight charges.
What is the minimum deposit on eToro?
The minimum deposit at eToro is $10, which is a relatively low amount compared to many other brokers.