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⚡ Updated March 2026

eToro Review (2026) – Fees, ISA Features & Pros and Cons

★★★★★ 8.5 / 10 By InvestCompareUK Editorial 📖 8 min read
⚡ eToro — Quick Summary
Best For
Social Trading & Copy Investing
Founded
2007
Platform Fee
0% platform fees
Min. Deposit
£50
Investment Types
Stocks, ETFs
Stocks & Shares ISA
✓ Yes — Stocks & Shares ISA
FCA Regulated
✓ FCA Authorised
Our Rating
8.5 / 10
Open eToro Account →

Capital at risk. Investments can go up as well as down. We may earn a commission.

eToro is a globally recognised social investment platform founded in Israel in 2007, now serving over 30 million users worldwide. It is best known for pioneering social and copy trading — features that allow investors to follow and automatically replicate the portfolios of experienced traders — but it also offers a straightforward Stocks & Shares ISA for UK investors.

For UK ISA investors, eToro offers 0% commission on stocks and ETFs with no annual platform fee. The platform provides access to UK and US stocks, ETFs, and a selection of investment portfolios (called Smart Portfolios) that bundle assets around specific themes or strategies.

eToro is particularly suited to investors who want to combine traditional ISA investing with the social element of seeing what other investors are buying. Its CopyTrader feature lets you allocate a portion of your ISA to automatically mirror the trades of top-performing investors on the platform.

💡 You can compare eToro with other ISA platforms in our full UK ISA platform comparison.
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Capital at risk. Investments can go up as well as down. We may earn a commission.

Pros
  • 0% commission on stocks and ETFs
  • 0% platform fee on the ISA
  • Unique CopyTrader — mirror experienced investors automatically
  • Social feed to see what top investors are buying
  • Smart Portfolios for themed investment strategies
  • FCA authorised and FSCS protected
  • Well-designed mobile app
  • Fractional shares available
Cons
  • £50 minimum deposit — higher than Trading 212
  • FX fee of 1.5% on non-USD transactions
  • Withdrawal fee of $5 per withdrawal
  • Platform can feel complex with social features
  • Investment range smaller than traditional full-service brokers
  • Copy trading past performance does not guarantee future results

What is a Stocks & Shares ISA?

A Stocks & Shares ISA is a tax-efficient investment account available to UK residents aged 18 and over. You can invest up to £20,000 per tax year and pay no Income Tax on dividends or Capital Gains Tax on profits — making it one of the most powerful tools for long-term wealth building in the UK.

£20,000Annual ISA allowance
0%Capital Gains Tax
0%Dividend Tax

eToro's Stocks & Shares ISA offers 0% commission and 0% platform fees, putting it in the same tier as Trading 212 for cost-conscious investors. You can invest up to £20,000 per tax year across UK stocks, US stocks, and ETFs — all within the tax-efficient ISA wrapper.

The unique element of eToro's ISA is the ability to use CopyTrader within it — allocating a portion of your ISA to automatically follow the trading activity of vetted top investors. This is a genuinely distinctive feature that no other ISA platform offers, though it is important to understand that copying other investors carries the same risks as any other investment.

⚠️Copy trading note: CopyTrader is an interesting feature but past performance of any investor on the platform is not a guarantee of future results. Treat copy trading within your ISA with the same caution as any other investment decision.

Fees are one of the most important factors when choosing an ISA platform. Over long periods, even small differences in fees can have a significant impact on your investment returns. Here is a full breakdown of what eToro charges.

Fee TypeCostNotes
Platform Fee0%No annual platform charge
Trading Commission0%Free on stocks and ETFs
FX Fee1.5%On non-USD denominated assets
Withdrawal Fee$5 per withdrawalFixed fee on all withdrawals
Inactivity Fee$10/monthAfter 12 months of inactivity
Deposit FeeFreeBank transfer and card
💡 Beginner tip: Always check the total cost of investing — this includes the platform fee, any trading fees, and fund charges (called the OCF or TER). A platform with 0% trading fees may still have higher fund charges.

eToro gives UK investors access to a range of investment types within its Stocks & Shares ISA. Below are the main asset classes available on the platform.

UK Stocks
US Stocks
ETFs
Smart Portfolios
Fractional Shares
Copy Portfolios
💡 New to investing? Most beginners start with low-cost index funds or ETFs — these spread your money across hundreds of companies automatically, reducing risk. You do not need to pick individual stocks to get started.

Security and regulation are critical factors when choosing where to invest your money. Here is how eToro protects your investments.

🏛️

FCA Regulated

The platform is authorised and regulated by the Financial Conduct Authority (FCA), the UK's financial regulator. This means it must meet strict standards for how it handles client money and treats customers.

🛡️

FSCS Protected

Your investments are protected up to £85,000 per person under the Financial Services Compensation Scheme (FSCS) if the platform were to fail. Note this does not protect against investment losses — only platform failure.

🔑

Two-Factor Authentication

Accounts can be secured with two-factor authentication (2FA), adding an extra layer of protection beyond your password.

🏦

Client Money Segregation

Your money is held separately from the platform's own funds in ring-fenced client accounts, meaning it cannot be used by the company for its own purposes.

ℹ️ FSCS Protection: Unlike a cash savings account, investments held in a Stocks & Shares ISA are not guaranteed by the FSCS against market losses. However, if the platform itself were to fail, your investments are protected up to £85,000 per person under FSCS rules — because your assets are held separately from the platform's own money.

eToro has a modern, well-designed interface that blends social media features with investment tools. For investors who want a traditional ISA experience, the news feed and social features can initially feel distracting — but they can be largely ignored if you prefer a more conventional approach.

The CopyTrader feature is genuinely easy to use. You can browse investor profiles ranked by return, risk score, and number of copiers, then allocate a specific amount from your ISA to copy their activity. The minimum copy amount is £200.

The mobile app is slick and well-designed, supporting the full platform functionality including CopyTrader, Smart Portfolios, and portfolio tracking. It is well-rated on both the App Store and Google Play.

Opening a Stocks & Shares ISA with eToro is straightforward and typically takes around 10 to 15 minutes.

1

Visit the Website

Go to the platform website and click 'Get Started' or 'Open Account'. You will need to provide your email address and choose a strong password.

2

Verify Your Email

Check your inbox for a verification email and click the link to confirm your address and activate your account.

3

Complete Identity Verification

As an FCA-regulated platform, you will need to verify your identity with a valid photo ID (passport or driving licence) and proof of address.

4

Select a Stocks & Shares ISA

During setup, choose to open a Stocks & Shares ISA. You can only hold one Stocks & Shares ISA per tax year across all providers.

5

Deposit Funds

Transfer funds from your UK bank account. Most platforms support bank transfer — some also accept debit card deposits.

6

Choose Your Investments

Browse available stocks, ETFs, or funds and make your first investment. If you are new to investing, consider starting with a low-cost index fund or ETF.

7

Monitor Your Portfolio

Use the platform's app or website to track your portfolio, set up regular contributions, and review your investments over time.

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Capital at risk. Investments can go down as well as up. InvestCompareUK may earn a commission.

One of the biggest advantages of investing through a Stocks & Shares ISA is the tax efficiency it provides. In the UK, investments held outside an ISA are subject to Capital Gains Tax (CGT) on profits above the annual allowance of £3,000, and Income Tax on dividends above the £500 dividend allowance. Inside an ISA, both of these taxes are completely eliminated — no matter how much your investments grow.

For long-term investors, this can make a substantial difference over time. For example, an investor who generates £5,000 in gains outside an ISA would pay up to £480 in Capital Gains Tax (at 18% basic rate). Inside an ISA, that same gain is entirely tax-free. The ISA allowance resets every tax year on 6 April, and any unused allowance cannot be carried forward.

💡 Tax year tip: The ISA allowance resets on 6 April each year. If you have not used your full £20,000 allowance before this date, the unused portion is lost. Many investors make a point of maximising their ISA before the end of each tax year. For more detail see our full ISA guide.
8.5

eToro — InvestCompareUK Rating: 8.5 / 10

Reviewed March 2026 · Based on fees, investments, usability & FCA regulation

eToro offers a genuinely distinctive ISA experience with its CopyTrader feature alongside competitive 0% fees. For investors who are curious about social investing and want to learn from experienced traders while keeping their money in a tax-efficient ISA wrapper, it is an interesting option.

The $5 withdrawal fee and 1.5% FX fee are worth being aware of — particularly the FX fee if you plan to invest heavily in US stocks. For simple UK-focused portfolios, these costs are less of an issue.

Compare eToro with all other ISA platforms in our full ISA platform comparison.

⭐ Best for: Investors who want social and copy trading features within a tax-efficient ISA.
Open eToro Account →

Capital at risk. Investments can go down as well as up. InvestCompareUK may earn a commission if you open an account via our link.

Risk Warning & Disclaimer: Investments can go up as well as down and you may get back less than you invest. A Stocks & Shares ISA does not protect against investment losses — it only provides tax advantages. Past performance is not a reliable indicator of future results. This review is for informational purposes only and does not constitute financial advice. InvestCompareUK may receive affiliate commission when you open an account via links on this page. Our reviews are independently written and affiliate relationships do not influence our editorial assessments. Always do your own research before investing.