Is eToro (US) a regulated broker?

eToro (US) is the trading name of ETORO USA SECURITIES INC., whose registration read active on FINRA BrokerCheck when we checked it on 28 August 2026 (CRD 298361, SEC 8-70212). It is a SIPC member, which protects the custody of assets up to $500,000, including $250,000 for cash if the firm fails. That covers the firm failing, not an investment losing value.

How much does eToro (US) charge to trade stocks?

eToro (US) publishes $0 (zero commission to buy or sell a stock) on stock and ETF trades, read from its own schedule on 28 August 2026. Regulatory pass-through fees are charged on top of the headline at every US broker, including this one.

What are eToro (US)'s options fees?

eToro (US) publishes a base commission of $0 and $0 per contract. US users. Non-US users are charged $0.50 per contract. Read from its own schedule on 28 August 2026.

Does eToro (US) charge a fee to transfer an account out?

eToro (US) publishes $75 to move an account out (ACATS outgoing), read on 31 August 2026. Transfers in are free at every broker we track, so this charge applies in one direction only.

Does eToro (US) offer retirement accounts?

No. eToro (US) publishes no IRA of any kind, so it cannot be used for tax-advantaged retirement investing in the United States.

Broker review

eToro (US) review

Item: eToro (US)
Rating: 6.1

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

Written by: Juan Manuel Gonzalez
Published: August 28, 2026
Data verified: August 28, 2026

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

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

8 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 minimum	Not verified
Mutual funds	Not offered
Bonds	Not offered
Futures	Not offered
Crypto	1%To buy or sell. Offered by eToro USA LLC or eToro NY LLC under New York money transmitter and virtual currency licences, not by eToro USA Securities Inc., so SIPC does not cover it
Account service fee	None publishedNo annual account service charge appears in the brokerage fee schedule. Closing an account manually costs $5, and a retirement plan account carries $30 a year
Inactivity fee	$10 per month
Outgoing transfer fee	$75ACATS outgoing
Broker-assisted trade	Not verified
Margin rate	Not verified
Currency conversion	0.25% FX spreadPlus a $25 FX processing fee, on international wires sent in a non-USD currency. The brokerage account itself is USD-only

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
We score eToro's account lineup as individual taxable only, and its own fee schedule contradicts that: it prices a $30 annual maintenance charge and a $60 termination fee for retirement plan accounts. Either a retirement wrapper exists that its account pages did not name, or the schedule carries a clearing firm's boilerplate. Until we can tell which, treat our account-types score as the least reliable figure on this page

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. The full brokerage fee schedule, read on 31 August 2026, shows the costs the headline does not: $75 to transfer the account out, $10 a month in inactivity fees, and a 0.25% FX spread on non-USD wires. With crypto at a flat 1% as well, that is a wider fee surface than the zero-commission framing suggests.
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.

Common questions about eToro (US)

Answered from the figures above, each read from a published source on August 28, 2026.

Is eToro (US) a regulated broker?: eToro (US) is the trading name of ETORO USA SECURITIES INC., whose registration read active on FINRA BrokerCheck when we checked it on 28 August 2026 (CRD 298361, SEC 8-70212). It is a SIPC member, which protects the custody of assets up to $500,000, including $250,000 for cash if the firm fails. That covers the firm failing, not an investment losing value.
How much does eToro (US) charge to trade stocks?: eToro (US) publishes $0 (zero commission to buy or sell a stock) on stock and ETF trades, read from its own schedule on 28 August 2026. Regulatory pass-through fees are charged on top of the headline at every US broker, including this one.
What are eToro (US)'s options fees?: eToro (US) publishes a base commission of $0 and $0 per contract. US users. Non-US users are charged $0.50 per contract. Read from its own schedule on 28 August 2026.
Does eToro (US) charge a fee to transfer an account out?: eToro (US) publishes $75 to move an account out (ACATS outgoing), read on 31 August 2026. Transfers in are free at every broker we track, so this charge applies in one direction only.
Does eToro (US) offer retirement accounts?: No. eToro (US) publishes no IRA of any kind, so it cannot be used for tax-advantaged retirement investing in the United States.

eToro (US) compared

Sources

[1]eToro US — FeesRead August 28, 2026
[2]FINRA BrokerCheck — eToro USA Securities Inc.Read August 28, 2026
[3]eToro USA Securities Inc. — Brokerage Fee Schedule, last updated 1 July 2026Read August 31, 2026

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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.