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eToro Review 2026: Best for Copy Trading & Social Investing

A social-first US broker with zero broker contract fees on options (regulatory pass-throughs apply): strong for copy trading, weaker on customer support.

SmartFinPro Research · Data verified 18 Jul 2026 · Updated 26 Jul 2026
8.3/10
Good · Rank 8 of 9
Score Breakdown
UX8.4
Fees8.8
Support7.8
Features8.0

Calculated from verified data points from official sources. Commercial relationships do not affect the score. How we score

Best for
  • Copy-trading and social investors
  • US options traders avoiding broker contract fees
  • Investors who practice first (a $100,000 demo is included)
Not for
  • Futures traders (not offered on the US platform)
  • Anyone prioritizing top-tier customer support
  • Traders who depend on extended-hours access (availability is unverified)

SmartFinPro is reader-supported. We may earn a commission when you open an account through links on this page, at no extra cost to you. This never affects our rankings.

Investing involves risk, including possible loss of principal. Options and crypto carry additional risk.

Main limitation

Customer support is eToro's weakest dimension and sits near the bottom of the field (7.8/10 against a field best of 9.6).

eToro's US offering ranks 8th of the 9 trading platforms we track, at 8.3/10 in a field so tight that 1.6 points separate first from last. It stands out for copy trading and charges no commission or broker-imposed per-contract fee on US options, though regulatory and exchange pass-through fees still apply, and run comparable to what peers charge outright. A $50 minimum deposit and no futures trading narrow its appeal. Support is its weakest dimension; platforms like Fidelity score materially higher there.

Essential facts
Essential Facts
Options contract fee
$0 broker-imposed
Regulatory/exchange pass-throughs apply: ORF $0.02, LQT $0.02, TAF $0.00279/contract on sales
Stock & ETF commission
$0
eToro pays regulatory transaction fees on stock sales
Minimum first deposit
$50
All standard methods; wire transfers from $500
Practice account
$100,000 virtual
Included automatically; not available in NY, NV, HI, PR or the US Virgin Islands
Regulation
SEC-registered · FINRA/SIPC member
eToro USA Securities Inc.

All figures as of 18 Jul 2026.

Final Decision

eToro earns its place for a specific trader: one who values copy trading, wants a large practice account before committing real money, and trades US options without broker contract fees (regulatory pass-throughs apply). Within this field it is a mid-tier all-rounder, not a category leader: seven platforms score higher overall, and its support rating sits near the bottom of the group. Choose eToro if social features and options pricing drive your decision and you accept average support. Choose Fidelity instead if you want the strongest overall package: it leads this field at 9.6/10 with the best support score. Either way, compare the full field before opening an account; only 1.6 points separate all nine.

Alternatives to eToro

Fidelity#1 · 9.6

The category leader (9.6/10) with the field's best support score, and the stronger overall package.

Webull#6 · 8.5

Also charges no broker fee on US equity options (pass-through fees apply), and adds free advanced charting and paper trading.

Robinhood#5 · 8.7

The simpler app for beginners; its $0.04-per-contract combined options fee is broker-set but comparable in size.

Compare all 9 Best Trading Platforms →

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Methodology

Calculated from verified data points from official sources. Commercial relationships do not affect the score.

How we score · View methodology

Sources & updates
Show details
Update log
  • 2026-07-26: Star rating derived from the audited score so the two orderings agree (the field ranks by score; the star field previously contradicted it)
  • 2026-07-18: Options-fee claim corrected: no exclusivity; pass-through fees itemized
  • 2026-07-18: Minimum deposit corrected to $50 (was unsourced $100)
  • 2026-07-18: Review restructured to our verified-data standard; unverified testimonials and reviewer attributions removed.

Frequently Asked Questions

Yes. US securities trading runs through eToro USA Securities Inc., an SEC-registered broker-dealer and FINRA member, with SIPC protection up to $500,000 (including $250,000 for cash claims). Crypto trading is handled separately by eToro USA LLC, which falls outside SIPC coverage. You can verify the securities entity's registration directly on FINRA BrokerCheck under CRD 298361.
You browse the Popular Investor program, filter traders by performance, risk score, and asset focus, then allocate funds to copy them. When they execute a trade, the same position opens proportionally in your account. The minimum allocation is $200 per trader, and you can stop copying at any time with no penalty.
eToro suits beginners well: an intuitive interface, a $100,000 demo account, copy trading, and an active social community make it possible to learn by observing other investors before committing any capital. New users should note the demo account is not available in New York, Nevada, Hawaii, Puerto Rico, or the US Virgin Islands.
eToro charges no commission on US stock and ETF trades, and no broker-imposed fee on options, though regulatory and exchange pass-through fees (roughly $0.04-0.05 per contract per side) still apply. Crypto trading carries about a 1% spread. There is a $5 flat withdrawal fee and a $10 monthly inactivity fee after 12 months without a login, plus a 0.5% currency-conversion charge on non-USD deposits.
Yes. eToro USA offers trading in more than 80 cryptocurrencies, including Bitcoin, Ethereum, Solana, and Cardano. US clients buy and hold real crypto assets, not CFDs, and can transfer them to the eToro Money wallet. The spread runs approximately 1% per trade, higher than dedicated crypto exchanges.
The minimum first deposit on eToro for US accounts is $50 across standard methods, including bank transfer, debit card, and PayPal. Wire transfers require a $500 minimum. There is no minimum to open the $100,000 demo account, which does not require a real-money deposit at all.

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