eToro review (2026)
Crypto alongside stocks, with copy trading
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Our take
eToro is a different species from the rest of this list: a multi-asset broker (founded 2007) where crypto sits beside real stocks, ETFs and commodities in one account — operated locally by eToro AUS under AFSL 491139, one of only two platforms here with a full Australian licence. Its signature feature is copy trading: allocating money to mirror the portfolios of vetted investors.
As a pure crypto venue it is mediocre: a 1% fee each way, an A$5 (US-dollar-denominated account) withdrawal fee, ~80 coins, and prices wrapped in a broker’s spread. As a single account for someone who wants shares and crypto together with a licensed provider and a practice mode, it is unique on this page.
Key facts
| Trading fee | 1% / 1% | Instant buy | 1% |
|---|---|---|---|
| AUD deposits | Bank transfer · PayID · Card | AUD withdrawal | A$5 |
| Coins listed | 80+ | SMSF / Demo | SMSF ✕ · Demo ✓ |
| Owned by | eToro Group Ltd (NASDAQ: ETOR) | Public API | Yes — docs → |
Data verified 22 July 2026 against 1 source · our data sources
Building on it: An API launched in October 2025 that can open and close orders and manage positions; your account must be verified to get a key. eToro does not publish which countries are eligible, so Australian availability is unconfirmed. Read the docs →
What will you actually pay?
Crypto costs 1% each way plus spread — the dearest regular pricing here — and the account runs in USD, so AUD deposits also carry FX conversion, plus a US$5 withdrawal fee. Judge it as a diversified brokerage with crypto included, not as a cheap crypto exchange; on that comparison its stock-side pricing does the heavy lifting.
For context, the AU instant-buy average across our 13 tracked platforms is 0.76%. Worked example excludes network fees for on-chain withdrawals; estimates come from our verified fee data. See the full fee comparison or model your own trade in the profit calculator.
A A$1,000 purchase on eToro
Pros & cons
Pros
- Demo mode — practise with virtual funds before risking real money
- Free, near-instant AUD deposits via PayID
- Holds an Australian Financial Services Licence
Cons
- Instant-buy fee of 1% is above the AU average
- Global platform — support and product decisions are not AU-first
Who owns eToro?
Listed on NASDAQ since 13 May 2025, when the IPO priced at US$52 a share. eToro Group Ltd is incorporated in the British Virgin Islands and headquartered in Israel. It bought Australian investing app Spaceship in November 2024.
Checked against the primary announcement.
Who is eToro for?
✅ Good fit if…
- You want stocks, ETFs and crypto in one licensed account
- Copy trading or the full-featured demo mode appeals to you
- An AFSL matters to you and Coinbase’s crypto-only account is too narrow
⛔ Look elsewhere if…
- You only want crypto — 1% each way plus FX makes this the dear option
- You want AUD-denominated accounts and free withdrawals
- You want breadth: ~80 coins trails every dedicated exchange here
Is eToro safe?
eToro AUS holds AFSL 491139 and is AUSTRAC-registered, with eighteen years of operating history and no custody incident on our record. Crypto is held custodially and the platform is offshore-headquartered; the AFSL covers its Australian financial-services conduct. The demo account is a genuine safety feature — practise with virtual funds before committing anything.
Who actually holds your coins
Custodial. eToro holds your coins.
Claimed vs verified
- Security certification Claimed only
A SOC 2 Type II examination by Grant Thornton covering its custody operations for the period 1 August 2022 to 30 June 2023, announced in May 2024. No ISO 27001 claim found.
- Proof of reserves None published
Publishes no proof of reserves. As a NASDAQ-listed company it files audited annual accounts with the SEC.
- Insurance on your crypto Confirmed: none
eToro's own annual report says it plainly: "We do not maintain cryptoasset crime insurance, general product liability insurance or key-person insurance." It does hold directors' and officers', cyber liability, comprehensive crime and professional liability cover, but says its cyber cover for incidents compromising cryptoassets "is limited and does not cover the extent of loss nor the nature of such loss".
“Verified” here means we confirmed it against an independent register, auditor or regulator — not that the platform says so on its own website.
Every incident and regulatory action we track for eToro, with primary sources — updated automatically from our fact database.
Getting started on eToro
- 1 Create and verify your account
Sign up with your email, then complete identity verification (driver's licence or passport). eToro is AUSTRAC-registered, so KYC is mandatory — most approvals take minutes.
- 2 Deposit AUD
Fund the account using bank transfer · payid · card — PayID is free and usually lands within minutes.
- 3 Place your first order
Search the coin, enter an AUD amount, and review the total (including fees) before confirming.
- 4 Secure what you buy
Enable 2FA immediately, and consider moving long-term holdings to your own wallet — exchange accounts are for trading, not vaults.
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FAQ
What are eToro's fees?
eToro charges 1% on instant buys and maker/taker fees from 1%/1%. AUD withdrawals: a$5.
Is eToro regulated in Australia?
Yes — eToro is AUSTRAC-registered and holds an Australian Financial Services Licence. Check our live AFSL tracker for current status.
How do I deposit AUD on eToro?
Supported AUD deposit methods: Bank transfer · PayID · Card.
The bottom line
Buy it for the licensed multi-asset account and copy trading — not for crypto pricing, which is its weakest suit.
Scored 7.2/10 by our methodology — independent of any commission.
Alternatives to eToro
General information only, not financial advice. Fees and features change — always confirm on eToro's own site. Last reviewed 22 July 2026 by the CryptoList Research pipeline. Corrections policy.