What fees are associated with eToro trading platform?
Asked 3 years ago
I want to open a trading account with the broker, eToro, and although it all seems quite simple, I want to make sure: Do they have a deposit fee, and are there any hidden fees I should know of?
Andia Rispah Igobwa
Thursday, October 07, 2021
What fees are associated with the eToro trading platform?
eToro does not charge any commissions, even on shares. Opening an account with eToro is free. On the other hand, the broker charges a variable fee that ranges from 0.75% to 5%, depending on the currency and market.
eToro, like most other CFD trading platforms, charges overnight fees. This is essentially a little charge to lend you the money to maintain an asset overnight for them.
If you leverage, it implies that eToro is giving you a loan and charged an interest rate on it.
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Thursday, July 07, 2022
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