Broker review
eToro (US) review
No commissions and no options contract fee for US users, on the narrowest product range in our set.
- Written by
- Juan Manuel Gonzalez
- 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- Safety2.1
- Cost2.4
- Selection1.1
- Accounts0.5
- Headroom3.9
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 verifiedRead 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.
| 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 minimum | Not verified |
| Mutual funds | Not offered |
| Bonds | Not offered |
| Futures | Not offered |
| Crypto | 1%To buy or sell crypto |
| Account service fee | Not verified |
| Inactivity fee | Not verified |
| Outgoing transfer fee | Not verified |
| Broker-assisted trade | Not verified |
| Margin rate | Not verified |
| Currency conversion | Not 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.
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
- 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]eToro US — FeesRead August 28, 2026
- [2]FINRA BrokerCheck — eToro USA Securities Inc.Read August 28, 2026
Affiliate disclosure
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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.