eToro USA Review 2026
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Web platform
- Mobile Apps
- Not applied to stocks and ETFs
- Zero commission on stocks and ETFs, separate account for options, copy trading
Our Evaluation of eToro USA
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
eToro USA is one of the top brokers in the financial market with the TU Overall Score of 8.8 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by eToro USA clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company.
How we tested eToro USA
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at eToro USA
eToro USA is the U.S. division of eToro Group, serving retail investors since 2018. Unlike its international branches, eToro USA offers a limited but fully regulated selection of assets, including stocks, ETFs, and options with zero brokerage commission, as well as cryptocurrency trading through CopyTrader™ and Smart Portfolios. All securities transactions are executed via eToro USA Securities Inc., a broker-dealer registered with the SEC and FINRA (CRD#: 298361/SEC#: 8-70212). Cryptocurrency services are provided by eToro USA LLC, registered with FinCEN (NMLS ID: 1769299). Copy trading, crypto, and options trading are not available in New York, Nevada, Hawaii, the U.S. Virgin Islands, or Puerto Rico.
- All stock and ETF operations are conducted under strict U.S. regulation, with investor protection through SIPC.
- Commission-free stock trading.
- Access to real assets such as options and cryptocurrencies, not derivatives.
- Simple, intuitive trading platforms suitable for both beginners and experienced investors.
- Free demo account for risk-free practice.
- Access to fractional shares, allowing investments from $10.
- Fully online account opening.
- Limited asset selection with no futures, bonds, mutual funds, or foreign market access.
- No integrated advanced analytical tools.
TU Expert Verdict
Chief Analytics Officer
eToro USA provides access to trading U.S. stocks, ETFs, options, and cryptocurrencies through a web platform and mobile app. The broker requires only a $1 minimum deposit for account opening and offers zero commission on stocks and ETFs, with a dedicated options account available upon approval. Stock and ETF transactions are executed by eToro USA Securities Inc., which is regulated by the SEC and FINRA, and covered by SIPC protection up to $500,000 per customer. Cryptocurrency services are delivered by eToro USA LLC, registered with FinCEN, allowing users to invest in real crypto assets instead of derivatives.
Drawbacks include a limited asset selection, as eToro USA does not provide access to futures, bonds, mutual funds, or foreign markets, and lacks integrated advanced analytical tools. The absence of SIPC protection for cryptocurrency holdings and the unavailability of some features in certain states are also relevant disadvantages. eToro USA is best suited for first-time and cost-conscious investors seeking simple, regulated access to U.S. securities and cryptocurrencies, while those seeking a broader product lineup or sophisticated trading tools may find it less suitable.
eToro USA Summary
Your capital is at risk. The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial.
| 💻 Trading platform: | Web platform, mobile app (iOS, Android) |
|---|---|
| 📊 Accounts: | Investment (eToro stocks & crypto account), Options Account, Demo Account |
| 💰 Account currency: | USD |
| 💵 Deposit / Withdrawal: | ACH, bank transfer, debit cards |
| 🚀 Minimum deposit: | $1 |
| ⚖️ Leverage: | Not applied to stocks and ETFs |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | $10 |
| 💱 EUR/USD spread: | $0 on stocks, ETFs, and options; 1% on cryptocurrencies |
| 🔧 Instruments: | U.S. stocks, ETFs, options, cryptocurrencies |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | N/A |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | Zero commission on stocks and ETFs, separate account for options, copy trading |
| 🎁 Contests and bonuses: | No |
Users can invest in securities and cryptocurrencies through the web platform or mobile app. All transactions are executed in U.S. dollars, and fractional shares make it possible to start investing with minimal capital. The interface is designed to be intuitive for both beginners and experienced investors. The first deposit starts from $1, while subsequent deposits begin at $50 (or $500 via bank transfer).
eToro USA Key Parameters Evaluation
Trading Account Opening
To start trading with eToro USA, users must complete a standard registration and verification process compliant with U.S. law. Account creation is available only to U.S. residents in states where eToro is authorized.
Steps to open an account:
Registration on the platform. The user creates a profile on etoro.com/en-us, entering name and email.
Completing the profile. Includes questions about financial status, investment experience, goals, and risk level.
Identity verification. Users upload an ID document and proof of address. Verification takes up to 2 business days.
Opening a brokerage account. After successful verification, the user gains access to stock and ETF trading.
Features of eToro USA’s user account allow traders to:
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View portfolio and trade history.
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Set up alerts and watchlists.
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Deposit and withdraw funds.
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Access detailed investment information for each asset.
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Use an integrated economic calendar.
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Manage personal data and security settings.
Is eToro USA Safe?
eToro USA operates in full compliance with U.S. financial regulations. Stock, ETF, and options trading are conducted through eToro USA Securities Inc., a registered broker-dealer regulated by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA). The company is also a member of SIPC (Securities Investor Protection Corporation), which provides protection of up to $500,000 per client, including up to $250,000 in uninvested cash, in the event of insolvency.
Cryptocurrency services are offered by eToro USA LLC, which is registered with FinCEN as a money services business. eToro USA LLC is not a broker-dealer, is not regulated by FINRA, and is not a member of SIPC. As a result, cryptocurrency holdings are not covered by SIPC protection. Crypto accounts follow AML and KYC standards but are not regulated as securities under U.S. law.
Advantages
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eToro USA Securities Inc. is registered with the SEC and FINRA.
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SIPC membership provides coverage of up to $500,000 per account.
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Transparent asset custody and detailed reporting.
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Reliable KYC and AML compliance procedures.
Disadvantages
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Crypto assets are not insured and are not classified as securities.
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SIPC protection does not cover losses caused by market volatility.
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Options and cryptocurrency trading are unavailable in certain jurisdictions.
Commissions and Fees
Stock and ETF trading on eToro USA is commission-free, with the company covering all regulatory fees. Options trading is also commission-free but includes mandatory regulatory charges set by the SEC and FINRA. Non-U.S. users are subject to a $0.5 commission per options contract. Cryptocurrency trading carries a 1% fee for both buying and selling. Deposit and withdrawal costs depend on the transaction type and whether it is domestic or international.
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Investment | $0 (stocks, ETFs), 1% (cryptocurrencies) | There is a bank commission |
| Options | $0 brokerage + regulatory and TAF fees | There is a bank commission |
Mandatory options fees include the ORF (Options Regulatory Fee), TAF (Trading Activity Fee), LQT Fee, and National Regulator Fee applied when selling securities.
Account Types
eToro USA provides two primary account types tailored to different investor goals and levels of engagement. A standard brokerage account is created automatically during registration, while options trading requires an additional approval process and the opening of a dedicated account.
All accounts are opened in the client’s name and denominated in U.S. dollars. Joint, trust, and corporate ownership are not available. Investors can operate both investment and options accounts at the same time, with easy switching between them through the User Account.
Deposit and Withdrawal
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Incoming wire transfers cost $8 within the U.S. and $14 for international transactions.
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Outgoing wire transfers cost $25 within the U.S. and $45 internationally.
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The minimum withdrawal amount is $30.
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Internal transfers from the investment account to the options account are free.
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Withdrawals are returned to the original funding source, with the preferred method being a bank account via ACH.
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Requests are processed within 2 business days.
Investment Options
The CopyTrader feature allows investors to automatically copy the trades of other platform participants in real time. This social investing format lets users manually select one or more traders and replicate their strategies automatically. Copy trading is not available in New York, Nevada, Hawaii, Puerto Rico, or the U.S. Virgin Islands.
CopyTrader™ – automatic copying of experienced investors’ trades
Currently, CopyTrader™ is available only for cryptocurrencies. To begin, eToro USA clients select a trader to copy and set the desired investment amount. It is important to note that past performance does not guarantee future results.
Main CopyTrader features:
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Minimum investment per trader: $200.
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Minimum per copied position: $1.
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Up to 100 traders can be copied simultaneously.
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No additional CopyTrader fee; only standard trading fees apply.
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eToro USA clients can copy only traders based in the U.S.
Subscribers can pause or stop copying at any time and can add or withdraw funds freely. Copy trading can also be tested in demo mode using virtual funds.
eToro USA partnership program
The eToro USA affiliate program is open to individuals and organizations in the U.S. Participants earn commissions for referring new clients through approved marketing materials. The program follows internal eToro policies and complies with U.S. regulatory requirements. Rewards are issued for qualified registrations that meet specific activity criteria.
Customer Support
eToro USA’s support team ensures secure communication but does not provide trading recommendations or personal investment advice. Assistance is available through official channels in five languages.
Advantages
- Real-time contact with company representatives.
- AI-powered chatbot.
- Extensive knowledge base on the website.
Disadvantages
- No hotline for urgent inquiries.
- Few communication channels.
- No published support hours.
Available contact channels
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Website chat.
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In-account chat.
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Facebook, Instagram, X, LinkedIn.
The broker does not publish a direct email address for customer inquiries. However, chat responses are also sent to the user’s registered email address.
Contacts
| Foundation date | 2018 |
|---|---|
| Registration address | 221 River Street, 9th Floor, Hoboken, NJ 07030, USA |
| Regulation |
SEC, FINRA
Licence number: CRD#: 298361 / SEC#: 8-70212 |
| Official site | https://www.etoro.com/en-us/ |
Education
The broker provides its own educational platform, eToro Academy, created for both beginners and experienced investors. Users can access articles, video tutorials, and detailed guides on securities and cryptocurrencies. All materials are available in English and serve purely educational purposes, without offering investment advice.
A virtual Demo Account with a $100,000 balance is available for practicing in real market conditions without financial risk.
Detailed review of eToro USA
eToro USA is a registered broker-dealer that provides clients with access to trading on the U.S. stock market. It is part of the eToro Group, founded in 2007, and began operating in the United States in 2018. All trading and investment activities are self-directed and conducted in full compliance with regulatory standards. eToro USA caters to investors who prefer independent capital management while having access to analytical and educational resources. Unlike eToro’s international platforms, the U.S. version does not support CFDs, Forex, multicurrency accounts, or bonus programs.
eToro USA by the numbers:
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eToro USA registration year: 2018.
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Minimum fractional share trade: $10.
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Investment protection up to $500,000 via SIPC.
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Minimum investment: $1.
eToro USA – investing in cryptocurrencies and the stock market under U.S. law
The company focuses on technology and simplifying access to the stock market through an intuitive interface, portfolio management tools, and the CopyTrader feature for social investing. Trading is conducted exclusively in the U.S. and in U.S. dollars, without access to international markets.
The platform also offers Smart Portfolios — thematic crypto portfolios grouped by strategy, enabling investment in pre-built concepts such as DeFi, the metaverse, or Web3. Management is automatic, with portfolio structures reviewed and rebalanced by eToro specialists. The minimum Smart Portfolio investment is $500. These portfolios are offered through eToro USA LLC, do not constitute investment advice, and are not protected by SIPC or FDIC.
Useful eToro USA services:
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Watchlist for monitoring assets without opening trades.
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Price and event alerts directly in the app.
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Real-time market data per asset: quotes, volume, returns, and related news.
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Recurring deposit option for automatic account funding.
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Economic calendar in the User Account.
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eToro Club multi-level membership with extra services and benefits.
Advantages:
Minimal initial deposit requirements.
Web platform accessible from any device via browser on PC, tablet, or smartphone.
Mobile app for iOS and Android.
Investment protection via SIPC in case of broker insolvency.
Ability to trade options after profile approval.
Access to analytics and market data.
Securities trading is offered by eToro USA Securities, Inc., member of FINRA and SIPC. Crypto trading is offered by eToro USA LLC (“the MSB”, NMLS: 1769299), is not available in all US States, and is not FDIC or SIPC insured. All investing involves risk. This content is for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance.
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