Best Brokers

Broker review

eToro (US) review

No commissions and no options contract fee for US users, on the narrowest product range in our set.

Published
Data verified

In summary

eToro USA Securities Inc. is an active SEC-registered broker-dealer and SIPC member, registered more recently than any other firm here. It charges zero commission on stock and ETF trades and, unusually, no per-contract options fee for US users — non-US users pay $0.50. Crypto costs a flat 1%. Withdrawals are free with a $30 minimum.

Editorial score, based on our methodology

How this is calculated
Score composition, out of 10Safety and regulation contributes 2.1 of 6.1. Fees and total cost contributes 2.4 of 6.1. Investment selection contributes 1.1 of 6.1. Account types and features contributes 0.5 of 6.1. The full breakdown is in the table below.
  • Safety2.1
  • Cost2.4
  • Selection1.1
  • Accounts0.5
  • Headroom3.9
How the total is built · Segment width = sub-score × weight. Widths sum to the total.

Legal entity and regulation

Read from FINRA BrokerCheck on August 28, 2026. Check it yourself — the reference number below is all you need.

Legal name
ETORO USA SECURITIES INC.
CRD
298361
SEC
8-70212
Registration status
ACTIVE
Regulators
SEC, FINRA
Investor protection
SIPC member — up to $500,000, including $250,000 for cash

Published fees

4 of 14 fields verified

Read from eToro (US)’s own published schedule. Fields we could not find on the pages we read are marked not verified — we do not fill them with estimates, and a blank would read as zero.

eToro (US) published fee schedule
US stocks and ETFs$0Zero commission to buy or sell a stock
Options base commission$0
Options per contract$0US users. Non-US users are charged $0.50 per contract
Account minimumNot verified
Mutual fundsNot offered
BondsNot offered
FuturesNot offered
Crypto1%To buy or sell crypto
Account service feeNot verified
Inactivity feeNot verified
Outgoing transfer feeNot verified
Broker-assisted tradeNot verified
Margin rateNot verified
Currency conversionNot verified

Where these costs sit

Against every other broker we publish that has a verified figure for the same field. Brokers whose figure we could not verify are left out rather than plotted at zero.

$0cheapest$1most expensive
Options, per contract · 12 brokers with a verified figure

What you can hold

  • US stocksOffered
  • ETFsOffered
  • OptionsOffered
  • Mutual fundsNot offered
  • BondsNot offered
  • FuturesNot offered
  • Spot currenciesNot offered
  • CryptoOffered
  • International listingsNot offered
  • Fractional sharesOffered
  • OTC equitiesNot offered

Account types

  • Individual taxable offered
  • Joint not offered
  • Traditional IRA not offered
  • Roth IRA not offered
  • Rollover IRA not offered
  • SEP / SIMPLE IRA not offered
  • Custodial not offered
  • Trust not offered
  • Solo 401(k) not offered
  • HSA not offered
  • Margin not offered
  • Managed portfolio not offered

Strengths and limitations

Strengths

  • No per-contract options fee for US users
  • $0 commission on stock and ETF trades
  • $0 withdrawal fee
  • Fractional shares supported

Limitations

  • Individual taxable accounts only — no retirement accounts identified
  • No mutual funds, bonds or futures
  • 1% crypto fee on both sides of a trade
  • $30 minimum withdrawal

Check these yourself

  • The US entity is separate from eToro's non-US operations — confirm which entity holds your account and what protection applies
  • Regulatory fees (SEC, FINRA TAF, ORF, LQT) are passed through on top of the zero-commission headline

How eToro (US) scores

Under our default weights. Individual rankings re-weight these same sub-scores, which is why eToro (US) sits in different positions on different pages.

  • Safety and regulationweight 30%
    7/10
  • Fees and total costweight 30%
    8/10
  • Investment selectionweight 22%
    5/10
  • Account types and featuresweight 18%
    3/10
Sub-scores by pillar · Each pillar scored 0–10 from published evidence
Safety and regulation7/10 · weighted 30%
Active SEC-registered broker-dealer (8-70212) and SIPC member, so custody protection matches the rest of the set. Scored lowest of the non-enforcement firms purely on operating history — it holds the highest CRD number here, meaning the shortest US registration record.
Fees and total cost8/10 · weighted 30%
$0 stock and ETF commissions with no per-contract options fee for US users, and $0 withdrawal fees. Held below the leaders because crypto costs a flat 1%, which is expensive against dedicated venues, and several fee categories were not published on the page we read.
Investment selection5/10 · weighted 22%
Stocks, ETFs, options, crypto and fractional shares only. No mutual funds, bonds or futures — the narrowest published range in our set.
Account types and features3/10 · weighted 18%
Individual taxable accounts only. No IRA, joint, custodial or trust accounts identified, which excludes retirement investing entirely.

Not scored

  • Access and eligibility Not scored in v1.0. Requires per-country eligibility confirmed against each firm's own onboarding terms, which we have not completed.
  • Platform and usability Not scored in v1.0. Requires hands-on use of a funded account, which we have not done.
  • Research and education Not scored in v1.0. Requires logged-in access to the research suite, which we have not had.
  • Customer service Not scored in v1.0. Requires timed contact tests across channels, which we have not run.
  • Execution quality Not scored in v1.0. Requires analysis of Rule 605/606 order-execution reports, which is scheduled for a later release.

eToro (US) compared

Sources

  1. [1]eToro US — FeesRead August 28, 2026
  2. [2]FINRA BrokerCheck — eToro USA Securities Inc.Read August 28, 2026

Affiliate disclosure

We currently have no affiliate or commercial relationship with any broker on this site, and every outbound link is a plain link. If that changes, it will be disclosed here and on the broker's row. Read the full disclosure.

Risk warning

Investing involves risk, including the possible loss of principal. Nothing on this site is personalized investment advice, a recommendation to buy or sell any security, or a solicitation. Figures are read from public sources on the dates shown and can change without notice — verify anything you intend to act on with the provider directly. Read the full risk disclosure.