eToro Account Types

filippo ucchino Filippo Ucchino calendar Last Updated: October 2022 timer 6 Min Read

eToro offers a good number of account types:

  • eToro Demo account
  • eToro Standard account
  • eToro Islamic account
  • eToro Professional account
  • eToro Corporate account
Table of Content

eToro account types: Full list and features

eToro (79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.) is available worldwide as it holds several regulations. As such, you may experience some differences between branches. Leverage is one of these as it is limited to 1:30 for retail clients in Europe, UK, and Australia.

eToro Standard account: Best for day traders

  • Availability: Under CySEC, FCA, ASIC, FSA (Seychelles), and SEC.
  • Markets: Forex, commodities, stocks, ETFs, indices, cryptocurrencies (1000+ assets in total).
  • Commissions: Spread is only floating and starts from 1 pip. Low commissions on stocks and ETFs. CFD assets are liable to a rollover fee if held overnight.
  • Platforms: eToro WebTrader.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:30 (CySEC, FCA, ASIC), up to 1:400 (FSA).
  • Special features: Trade fractional stocks and cryptocurrencies starting from $10. Great copy and social trading features.
  • Account opening: An unlimited demo account is available and switching to a live account requires a minimum deposit from $10 to $10,000 according to your country of residence.

eToro Islamic account: Best for Muslim traders

  • Availability: Under CySEC, FCA, ASIC, FSA (Seychelles), and SEC.
  • Markets: Forex, commodities, stocks, ETFs, indices, (1000+ assets in total).
  • Commissions: Spread starts from 1 pip.
  • Platforms: eToro WebTrader.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:30 (CySEC, FCA, ASIC), up to 1:400 (FSA).
  • Special features: There are no swap fees.
  • Account opening: Demo account is unlimited and to open an Islamic account you will need to fund $1000 and then contact customer support.

eToro Professional account: Best for experienced traders

  • Availability: Under CySEC, and the FCA.
  • Markets: Forex, commodities, stocks, ETFs, indices, cryptocurrencies (1000+ assets in total).
  • Commissions: Floating spreads starting from 1 pip.
  • Platforms: eToro WebTrader.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:400.
  • Account opening: Minimum deposit varies according to your country of residence in a range from $10 to $10,000.

eToro Corporate account: Best for corporates

  • Availability: Under CySEC, FCA, ASIC, FSA (Seychelles), and the SEC.
  • Markets: Forex, commodities, stocks, ETFs, indices, cryptocurrencies (1000+ assets in total).
  • Commissions: Only floating spreads from a starting value of 1 pip.
  • Platforms: eToro WebTrader.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:400.
  • Account opening: The minimum deposit is $10,000.

What happens to inactive eToro trading accounts?

After a period of 12 consecutive months without any activity on your eToro account, it will be classified as inactive. eToro charges an inactivity fee of $10 per month until your balance reaches 0. A simple login is enough to make your eToro account active again.

If your funds can’t cover the inactivity fee, eToro might close your account and you won’t be able to restore it. You will have to create a new account to trade again with eToro.

 

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.


About The Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

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