The verdict in 30 seconds
Independent review of eToro, covering regulation, licenses, accounts, spreads, platforms, funding methods, and swap-free account terms.
eToro is regulated through Tier 1, offers eToro Platform, eToro App, spreads from 1 pips, and leverage up to 1:400.
Best for: eToro is best suited to traders who value eToro Platform, eToro App, disclosed regulatory coverage, and transparent account specifications.
Look elsewhere if: $5 withdrawal fee on all withdrawals
Regulation & licensing
License status is shown explicitly. Withdrawn or revoked licenses are never hidden.
| Regulator | Full name | Jurisdiction | License number | Tier | Status |
|---|---|---|---|---|---|
| CySEC | Cyprus Securities and Exchange Commission | Cyprus | 109/10 | Tier 1 | Active |
| FCA | Financial Conduct Authority | UK | 583263 | Tier 1 | Active |
| ASIC | Australian Securities and Investments Commission | Australia | 491139 | Tier 1 | Active |
Accounts, spreads & leverage
The spread band is disclosed from 1 pips on EUR/USD. Maximum leverage depends on the account and regulating entity.
| Account | Minimum | EUR/USD spread | Commission / lot | Execution | Leverage | Swap-free |
|---|---|---|---|---|---|---|
| Standard | $50 | 1 pips | 0 | Market Maker | 1:400 | — |
| Islamic | $50 | 1 pips | 0 | Market Maker | 1:400 | ✓ |
Deposits & withdrawals
Withdrawal timing: funding-method processing is listed as 3-8 business days, Instant; verify the withdrawal timetable
| Method | Deposit fee | Withdrawal fee | Processing | Currencies |
|---|---|---|---|---|
| Bank Wire | Free | $5 | 3-8 business days | USD |
| Visa/Mastercard | Free | $5 | Instant | USD |
| PayPal | Free | $5 | Instant | USD |
| Skrill | Free | $5 | Instant | USD |
Trading platforms
Islamic account & our Sharia checklist
Swap-free account: Available.
A swap-free label is not the same as a Sharia-compliance verdict. Check that no overnight interest is charged under another name, replacement fees are fixed rather than interest-linked, leverage terms are understood, and the exact contract is reviewed.
Our factual note: A swap-free option is disclosed, but availability alone is not a religious verdict. Verify the fee schedule, holding-period rules, leverage terms, and contract directly with the broker.
Who eToro is for
eToro is best suited to traders who value eToro Platform, eToro App, disclosed regulatory coverage, and transparent account specifications.
- Pioneer in social and copy trading — follow top traders
- Trade real stocks and crypto alongside CFDs
- User-friendly platform — excellent for beginners
- Regulated by FCA, CySEC, and ASIC
Who should look elsewhere
No broker fits everyone. Consider another option if the following limitations matter to you.
- $5 withdrawal fee on all withdrawals
- Only USD base currency — conversion fees apply
- No MT4/MT5 support
Frequently asked questions
Is eToro regulated?
eToro is regulated by CySEC (109/10), FCA (583263), ASIC (491139). Review the licensing table for current status.
What is the minimum deposit at eToro?
The disclosed minimum deposit starts from $50.
Does eToro offer an Islamic account?
eToro advertises a swap-free account. This does not constitute a halal or Sharia-compliance verdict; verify its fees and terms.
What platforms does eToro support?
eToro supports eToro Platform, eToro App.
What is the maximum leverage at eToro?
The disclosed maximum leverage is up to 1:400, subject to account and regulator.
How long do withdrawals take at eToro?
funding-method processing is listed as 3-8 business days, Instant; verify the withdrawal timetable
Reviews are independent and informational, not investment advice. Trading carries high risk. Regulatory status and terms can change. Last reviewed: July 26, 2026.
