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eToro investment platform review
A lower-cost option for investors with large portfolios
eToro is a trading platform that was founded in 2007. It offers investors a stocks and shares Isa and a general investment account.
You'll need a minimum of £500 to invest in an Isa with eToro.
Please note that this article is for information purposes only and does not constitute advice. Please refer to the particular T&Cs of an investment platform before committing to any financial products.
Does eToro offer the best stocks and shares Isa?
eToro
eToro received an above-average score for its fees (66%) but was let down by below-average scores for its choice of assets (9%) and from customers (69%).
This applies to each trade of investments denominated in another currency, for example US stocks, on top of fund and trading charges.
0.7% in an Isa
eToro pays no interest on uninvested cash.
'A far more limited choice than you'd expect'
Megan Thomas, Which? investments writer, says:
eToro is one of the only platforms in our survey that has a more restricted offering for its Isa than its general investment account.
There aren't nearly as many options to invest in a stocks and shares Isa on eToro as there are on some of the other platforms we've reviewed. Of the more than 10,000 shares on the platform, only 1,447 are available in their Isa.
Stocks and shares Isa investors do get access to some mutual funds, which you don't get in a general investment account, but you'll pay £3.95 to buy or sell them – one of the highest charges for funds of any platform.
If you have less than £50,000 to invest, you'd also pay more to invest with eToro, especially if you plan to invest regularly.
eToro has social feeds, where other users of the app post their thoughts on market developments, and you get a lot of push notifications about changing prices of different stocks. You'd likely do best to ignore these and stick to your own investment goals, or you might end up trading too much and racking up fees, losing out in the long term.
High-risk assets like crypto and contracts for difference (CFDs) are also integrated into the platform (though you can't get these in a stocks and shares Isa). You should avoid these if you don't fully understand them.
What do customers say about eToro?
eToro customers scored it 69%, placing it 16th in our survey.
Comments from eToro customers who took part in our survey include:
'eToro is easy to use, offers clear tools, and makes managing investments straightforward and accessible.'
‘Low-cost option for buying US dollar investments, although limited range of investments.’
‘Compared to other providers the fees on eToro are not as competitive.’
Visit eToro to find out more about its accounts, services and investment options.
eToro customer scores in more detail
Aspect of service
Star rating
Customer service
★★★☆☆
Ease of use
★★★★☆
Information on investments
★★★☆☆
Value for money
★★★☆☆
These results are based on a January 2026 online survey of 3,053 adults – members of the Which? Connect panel and members of the public – who told us about 4,146 experiences with stocks and shares Isas. eToro results based on sample size of 68.
Is eToro safe?
eToro is regulated by the Financial Conduct Authority and covered by the Financial Services Compensation Scheme (FSCS).
If eToro went bust and its other arrangements to protect your money failed, the FSCS will cover up to £85,000 of investments per person, per platform. This does not apply to cryptoassets. You can claim for free online at fscs.org.uk – there's no reason to use a claims management company.
Our overall score is based on a combination of customer score, fees score, and assets score.
We don't analyse the performance of investments listed by investment platforms, as different investors will opt for different investments.
Customer score and ratings
We surveyed 3,053 investors – members of the Which? Connect panel and of the public – who gave 4,146 reviews of stocks and shares Isas in January 2026.
Each platform must get at least 30 responses to receive a customer score, which is based on overall satisfaction and likelihood to recommend.
The customer score makes up 60% of the overall score.
We also ask investors to rate their current platform for customer service, ease of use, information on investments, and value for money.
Fees score
The fees score uses snapshots of account and transaction fees at £5,000, £10,000, £25,000, £50,000, £100,000, £250,000, and £500,000. The fees assume four purchases and four sales in a year, spaced out in across months.
Fees are weighted higher closer to £50,000 as this is close to the average portfolio size, according to HMRC data.
The scores are assigned relative to the cheapest platform which would receive a score of 100%.
The fees score makes up 30% of the overall score.
Assets score
The assets score adds together all of the assets available within a stocks and shares Isa and assigns a score relative to the maximum out of the providers which receives 100%.
The assets score makes up 10% of the overall score.
To be considered to be a Which? Recommended Provider (WRP), the platform needs to have an overall score of 70% or higher.
Companies that reach this score are excluded if they're among the top 25% of the most expensive platforms across our scenarios, based on our fees analysis. Platforms are not eligible for WRP status if they receive a two-star rating or lower in any of our categories.
We also apply statistical tests that place the platforms into ‘bands’. Only the platforms in the highest two bands – the ones that really stand out – can be a WRP.
We will not give Which? Recommended Provider status to platforms that offer CFD trading.
To be eligible for our Great Value recommendation, platforms must be in our top three customer score bands and among the 25% least expensive in the asset categories they offer (any combination of funds, shares, or ETFs).