eToro share accounts

5.0
Based on 1 eToro share account product review.
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Last updated

eToro is a global social trading and investment platform that has transformed how people approach investing since its founding in 2007. By combining traditional trading tools with innovative social features, eToro has created an engaging platform where over 35 million registered users worldwide can learn from and collaborate while building their investment portfolios.

As a regulated platform under ASIC supervision, eToro is a well-established provider.

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eToro Share Trading

Share Trading

Small trade brokerage
-
Large trade brokerage
%
Monthly fee
$0.00
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  • Social trading features including CopyTrader functionality

  • Access to 20 global stock exchanges

  • Fractional share investing is available

  • Diverse range of assets including stocks, ETFs, and cryptocurrencies

  • USD is the base currency, requiring currency conversion fees

  • $10 monthly inactivity fee after 12 months

Our verdict

eToro brings a social trading approach to trading with features like CopyTrader which lets you automatically copy what successful traders are doing. This makes it perfect if you're new to trading or want to try different investment strategies without making all the decisions yourself.

Regarding investing options, you can trade stocks from 20 different global exchanges. This means you can mix Australian and international shares in your portfolio to spread your investments. One of the most helpful features is that you can buy parts of shares instead of whole ones, making investing in expensive stocks with less money much easier.

One thing to keep in mind: eToro doesn't use the CHESS sponsorship system that many Australian platforms use. Instead, they hold your shares in a custodial account. While this means you won't have your own HIN, you're still protected since eToro is regulated by ASIC and has strong security measures in place.

Where do I get it? You can open an account through eToro's website.
Mozo may receive payment if you click products on our site. We don’t compare the entire market, but you can compare more online share trading accounts here.
Last updated 15 December 2024 Important disclosures

eToro share accounts

FAQs

Is eToro regulated in Australia?

Yes, eToro is regulated by the Australian Securities and Investments Commission (ASIC) and adheres to strict financial service regulations.

Does eToro offer cryptocurrency?

Yes, eToro allows users to trade multiple cryptocurrencies.

Is eToro expensive?

Commission fees can vary between providers and may be subject to change. eToro shares have a flat $2 commission fee which is relatively low in comparison to other providers.

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eToro share account ratings

Overall customer rating for eToro share accounts

5.0
Based on 1 product review.

Customer reviews

Important disclosures

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