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 ✓ |
Data verified 22 July 2026 against 1 source · our data sources
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 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.
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.