The Etoro fees are very low, and this is one of the reasons why it’s so popular. Here’s a breakdown of all the fees you’ll pay when investing in Etoro. Etoro provides a platform for traders to invest in global markets using their profits from past trades to fund new ones.
This process is known as social trading and has made Etoro an industry leader in this type of investing. One of the biggest benefits of social trading is that it’s low cost and reliable in comparison to other options. You can trade with as little as $1 and if you’re new to investing, they have a helpful section on how to get started. Even better? The Etoro fees are
Trading fees
Even when making a simple trade of $1 on a low-fee platform like Etoro, your share will cost $0.08. That’s a huge part of why investing on the platform is so popular. etoro fees explained, after your $1 share trade, your investment returns on other trades will add up, and you will start making profits. This is known as fractional sharing, and by investing in a low-fee platform like Etoro, you can save up to 90 percent when using fractional sharing. Social trading
Most of the global markets on Etoro are offered in a fractional share structure, which means that you don’t lose any of the profits you make on other trades. It also means that even when you’re losing money, you’re still making some, which means you’ll save over 30 percent when using fractional sharing.
Minimum account balance
You can invest $1 in the minimum account balance before you’re charged anything. This ensures that you always have a minimum to invest, so it’s easy to get started and the start-up fee is a lot lower.
Fees
Etoro has a flat fee of $1.50 per trade.
Trading account
If you want to make a range of stock trades to optimize your gains, Etoro offers several different account types. The main one for beginners is Etoro Solo, which is a free account with limited access to the trading room. This type of account limits your trades to $1.
Etoro Solo isn’t ideal if you want to trade on a large scale and isn’t advisable if you want to invest with multiple accounts.
Etoro’s withdrawal policy
Etoro is very clear about the withdrawal policy and explains it clearly on their site. They state that there is no limit to how much you can withdraw and that there are no minimums for any withdrawal requests. The withdrawal requests will only be declined if:
- You were using Etoro in the last 24 hours or the last 7 days.
- You withdraw the funds for illegitimate purposes.
- You request a withdrawal for a different account than your account balance on Etoro.
- Your withdrawal request has not met your withdrawal request schedule.
- You request a withdrawal without providing any documents.
- You request a withdrawal under your real name.
The etoro fees explained, trading is simple and low cost, transaction fees are charged by the market maker on the markets which you trade on.
