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eToro
eToro
Multi-asset social trading platform
★ ★ ★ ★ ★
4.3 / 5 Crezus Capital Rating
Crezus Verdict: eToro is the best starting point for European retail investors who want access to stocks, ETFs, and crypto in a single app. Commission-free stock trading and the CopyTrader feature make it exceptionally accessible. The main drawbacks are the USD-denominated account (FX conversion fees apply for EU users) and a limited research toolkit.

Founded in 2007, eToro has grown into one of the world's largest retail trading platforms with over 35 million registered users. It is regulated by the FCA (UK), CySEC (Cyprus/EU), and ASIC (Australia), making it accessible to most European retail investors. Best known for its CopyTrader feature, which allows users to automatically mirror the portfolios of experienced traders.

FCA Regulated CySEC Regulated Stocks & ETFs Crypto CFDs Commission-Free CopyTrader EU / UK / Global
eToro
★ CREZUS RECOMMENDED
› Commission-free stock & ETF trading
› Minimum deposit: $50 (€50 equivalent)
› 5,000+ assets including crypto
› CopyTrader & Smart Portfolios
› Regulated: FCA, CySEC, ASIC
Open an Account → View eToro.com
⚠ CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. Not investment advice. Capital at risk.

01 Pros & Cons

✓ Pros
✓ Zero commission on real stocks and ETFs
✓ Regulated in multiple jurisdictions — strong investor protection
✓ CopyTrader is genuinely useful for beginners
✓ Large asset selection including crypto
✓ Mobile app is well-designed and intuitive
✓ Social feed helps newcomers learn from experienced investors
✗ Cons
✗ Account denominated in USD — 0.5–1.5% FX conversion fee
✗ $5 withdrawal fee — below industry standard
✗ Limited charting and research tools vs dedicated platforms
✗ CFDs prominently featured — beginners may confuse with real stocks
✗ Customer support can be slow during high-volume periods

02 Fees & Costs

Fee Type eToro Rate Industry Avg Verdict
Stock/ETF commission $0 (0%) €1–10 per trade Excellent
FX conversion (non-USD) 0.5–1.5% 0.15–0.5% Below avg
Withdrawal fee $5 $0–2 Below avg
Inactivity fee $10/mo (12m) Varies Standard
CFD overnight fees Market rate Market rate Avoid CFDs
Crypto trading spread 1% spread 0.5–2% Average
Note for European investors: For European investors: The USD account denomination is the main cost drag. If you deposit €1,000, eToro converts to USD at their rate, charging 0.5–1.5%. On a €10,000 portfolio this could mean €50–150 in conversion costs annually. For long-term investors this is manageable; for frequent depositors it adds up.

03 Who Is It Best For?

🌱

Complete Beginners

The social feed and CopyTrader make it the most accessible platform for a first-time investor.

📱

Mobile-First Investors

The app is well-designed. If you mostly trade on your phone, eToro is one of the best experiences.

🌐

Multi-Asset Investors

Want stocks, ETFs, AND crypto in one place without multiple accounts? eToro does this better than most.

❌

Not Ideal For

Frequent traders (FX fees stack up), active researchers (limited tools), or EU-listed-stock focused investors.

04 Crezus Capital Assessment

eToro earns its place as the most-recommended platform for first-time investors in Europe, and commission-free stock trading is a genuine advantage. However, readers of this book should note one important nuance: eToro prominently displays CFDs alongside real stocks. CFDs are not the same as owning real shares — they carry leverage, overnight fees, and significantly higher risk.

When using eToro, always verify you are trading the "Real Stock" version of an asset, not the CFD. The platform labels this clearly, but it is easy to miss as a beginner.

— Crezus Score

4.3
out of 5.0
Good Choice — Best for Beginners
Fees & Costs 3.8
Ease of Use 4.8
Asset Selection 4.5
Regulation 4.6
Research Tools 3.2
Mobile App 4.7

— How It Compares

Crezus Broker Ratings

eToro 4.3 ★
DEGIRO 4.4
Trade Republic 4.2
Interactive Brokers 4.0
Saxo Bank 3.9
XTB 3.8
Compare all brokers →

— Quick Facts

Founded 2007
HQ Tel Aviv + London
Regulation FCA, CySEC, ASIC
Min. deposit $50
Stocks 3,000+
ETFs 700+
Cryptos 80+
Account currency USD only
FSCS / deposit protection Yes (FCA)