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Does eToro have a custody fee?

Your expert
Gyula L.
Fact checked by
Tamás D.
Updated
5d ago
Personally tested
Data-driven
Independent

Does eToro charge a custody fee as of June 2024?

Wondering if eToro charges a custody fee is like trying to figure out if an airline has hidden baggage fees. It might be confusing. Let me make it simple for you.

Good news – they don’t charge one. With no custody fees at eToro, you can keep more of your money working for you.

At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.

eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK's FCA and Australia's ASIC. eToro USA LLC does not offer CFDs, only real crypto assets are available.

eToro custody fee explained:
Gyula
Gyula Lencsés, CFA
Stock Market • Investment • Market Analysis

Together with my brokerage analyst colleagues, I thoroughly tested the services of eToro by opening a real-money account and executing actual trades on its platforms. Here’s what you need to know about the custody fee at eToro.

  • Custody fees are like paying for parking in a secure garage.

  • Look out for other non-trading fees.

  • Still looking for the best broker? Check our top list.

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eToro USA LLC; Investments are subject to market risk, including the possible loss of principal

What is a custody fee?

Just as you pay to keep your car safe from theft and weather damage, a custody fee ensures your investments are securely stored and managed.

For example, consider an investment account worth $75,000. You might pay a custody fee of 0.3% per year, amounting to $225 annually.

This fee covers the costs of safekeeping, insurance, and administrative services, providing you with peace of mind that your assets are protected. It is typically a percentage-based fee calculated based on the value of the positions you are holding.

eToro non-trading fees and more

While custody fees are one piece of the puzzle, it's important to be aware of other potential fees that might appear in your investment account.

Just like those unexpected service charges on your phone bill, brokers can have a range of non-trading fees that add up if you're not careful. Let’s take a closer look at these fees at eToro so you can avoid surprises and keep your investment costs in check.

eToro non-trading fees highlights
💰 eToro custody fee No custody fee
💰 eToro account fee No account fee
💰 eToro inactivity fee $10 per month after one year inactivity. eToro defines inactivity as not logging into your account.
💰 eToro withdrawal fee $5
💰 eToro deposit fee $0
🗺️ Country of regulation UK, USA, Cyprus, Australia

Data updated on June 17, 2024

To learn more about eToro's fees and charges, read our article about eToro's fee structure.

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If you are looking for the best broker, check our top list.

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If you are interested in eToro in general, check our comprehensive review.

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Further reading

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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Gyula Lencsés, CFA
Author of this article
Gyula is a former analyst expert and Head of Content at BrokerChooser. With over a decade in finance, he led content creation at BrokerChooser and personally evaluated some of our 100+ listed brokers. He opened real-money accounts, executed transactions, and engaged with customer services, offering firsthand assessments. Prior to BrokerChooser, he managed mutual funds in wealth management, trading stocks, ETFs, bonds, commodities, forex, and derivatives. His goal: simplify the hunt for top brokers in a dynamic investment landscape.
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