eToro review
Founded in 2007, ETORO (UK) LIMITED is listed under Companies House 07973792
Authorised by the FCAFRN 583263on the register since 9 May 20135 clone firms on the register
The eToro review examines the UK firm founded in 2007, whose FCA authorisation under reference 583263 dates from 09/05/2013. Trading is available in forex, shares and CFDs. CFDs allow bets on price changes without any ownership of the asset. The firm is permitted to hold client money. Trading CFDs here, 55% of retail accounts end up losing money.
- Regulatory status
- Authorised, FRN 583263
- Loss-making retail accounts
- 55% (read on 2 Nov 2026)
- EUR/USD: minimum spread
- 0.005% per trade
- Smallest deposit
- £50
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. For this provider, 55% of retail investor accounts end up losing money trading CFDs. Consider whether CFDs work in a way you understand and whether you can afford the high risk of losing your money.
On 2 Nov 2026, we reviewed eToro's own wording on etoro.com.
How eToro compares on loss rate with the wider field
Where eToro stands on the FCA register
Since 9 May 2013, ETORO (UK) LIMITED has been authorised by the FCA, FRN 583263, and it holds client money.
| Firm | ETORO (UK) LIMITED |
|---|---|
| FRN | 583263 |
| Status | Authorised |
| Authorised since | 9 May 2013 |
| Companies House | 07973792 |
| Address on the register | Canary Wharf, London: 24th Floor, One Canada Square, E14 5AB, UNITED KINGDOM |
| Website on the register | www.etoro.com |
Clone firms on the register
The FCA register names 5 clone firms that use this firm's name or details., and none of them is ETORO (UK) LIMITED.
- Bitcoin FX Optionon the register from 15 Jan 2019
- Expotoro / Tratoro / PayBack Toro (Clone of FCA Authorised Firm)on the register from 20 Jun 2023
- Etoro SB Limited is listed as a clone of an FCA authorised firm. added 26 May 2022.on the register from 26 May 2022
- Listed on 08 Aug 2025: AI -Arbitrage (Clone of FCA authorised firm).on the register from 08 Aug 2025
- Listed on 05 Mar 2026: Finvoire (Clone of FCA Authorised firm).on the register from 05 Mar 2026
Check that you are on the genuine website
The register lists www.etoro.com as ETORO (UK) LIMITED's website. Type that address yourself instead of following a link in an advert, an email or a message, then check the register entry for FRN 583263.
Read 2 Nov 2026. Source: FCA Financial Services Register.
What eToro charges in spreads and commission
The spread is the difference between buying and selling prices, and you pay it on every trade. For standard accounts, spreads start at either 0.005% per trade for EUR/USD and GBP/USD, or 0.01% for Gold and UK100.
| Market | Account | As stated | Spread |
|---|---|---|---|
| EUR/USD | Standard | Minimum | 0.005% per trade |
| GBP/USD | Standard | Minimum | 0.005% per trade |
| Gold (Non Expiry) | Standard | Minimum | 0.01% per trade |
| UK100 | Standard | Minimum | 0.01% per trade |
Read 2 Nov 2026. Source: etoro.com/trading/fees/cfd-spreads.
Other fees
| Currency conversion | varies by location, payment method and Club level |
|---|---|
| Deposits | none stated by etoro; funding providers may charge |
| Withdrawals | Local currency (GBP) accounts: free; USD investment account: USD 5 |
Read 2 Nov 2026. Source: etoro.com/trading/fees.
Deposits and withdrawals
| Minimum deposit | ££50. According to the help centre, the minimum first-time deposit varies by region from $10 to $10,000. |
|---|---|
| Ways to deposit | Available methods include etoro Money, Credit/Debit card types (Visa, MasterCard, Visa Electron, Maestro), Bank transfer and Easy Bank Transfer through a local GBP account.) |
| Ways to withdraw | etoro Money, Credit/Debit cards, Bank transfer |
Drawn from etoro.com, checked 2 Nov 2026; etoro.com/customer-service/deposit-faq, checked 2 Nov 2026; and etoro.com/trading/fees, checked 2 Nov 2026.
Products, markets and leverage
| CFDs | Yes |
|---|---|
| Share dealing | Yes |
Source: etoro.com, read 2 Nov 2026
eToro trading platforms
| Own platform | etoro platform and app (etoro edge terminal) |
|---|---|
| Demo account | Yes |
Drawn from etoro.com, checked 2 Nov 2026, and etoro.com/trading/cfd, checked 2 Nov 2026.
Your protection if the firm runs into trouble
| FSCS | ETORO (UK) LIMITED is FCA authorised in the UK, so Financial Services Compensation Scheme cover can reach up to £85,000 for each person if the firm fails owing you money. |
|---|---|
| Client money | The register shows permission to hold client money |
We checked fscs.org.uk/what-we-cover/investments on 2 Nov 2026.
Tax on the products traded here
Gains from eToro's CFD trading fall within Capital Gains Tax, but it doesn't offer a spread betting account. Read more in CFD tax in the UK.
Accounts without swaps, customer support and the mobile app
| Support | Get help from the chatbot, help centre, or tickets / customer service team |
|---|---|
| iPhone app rating | The UK App Store, 2 Nov 2026, shows 4.24 out of 5 across 18,299 ratings |
Source read 2 Nov 2026: etoro.com/customer-service; itunes.apple.com/lookup, also read 2 Nov 2026.
The official eToro website
Put eToro next to another broker
Other options besides eToro: other FCA authorised CFD brokers
Each firm sits in A to Z order, with none ranked above another.
Common questions answered
What is the eToro withdrawal fee?
Nothing is charged when you withdraw from a local GBP account. Withdrawing funds from a USD investment account has a cost of 5 USD. You may withdraw through eToro Money, a bank transfer, or credit and debit cards. Switching currencies means the conversion charge depends on your payment method, your location and Club level.
How much is the minimum deposit at eToro?
Funding your UK account requires 50 GBP. The help centre says starting amounts range from 10 USD to 10,000 USD across all regions. No broker fee for adding money appears, although your bank or card issuer may charge you. Payment methods include a bank transfer, Easy Bank Transfer, eToro Money, and cards from Visa, MasterCard, Visa Electron and Maestro.
Would a demo account let me try eToro?
Yes. Before risking your own money, you can practise on a trial account. On the web platform and mobile app, it lets you test how trades work.
What trading platforms does eToro offer?
The broker's web setup, eToro edge terminal and mobile app let you trade. The eToro: Trade & Invest app scores 4.24 on the Apple App Store, based on 18,299 reviews.
How can I reach eToro and identify clone firms?
The help centre, chatbot and customer service tickets let you reach support. Always confirm you're using www.etoro.com, since the FCA register lists 5 clone alerts for this broker. Fake sites known as clones copy the details of regulated firms to deceive you.