Brokerage Account ReviewπŸ‘₯ Best for Social/Copy Trading

eToro US

eToro USA Securities Inc.

Stock trades $0. Social investors who want to copy other traders' portfolios and combine crypto with commission-free stock and options trading.

At a Glance

Stock Trades

$0

Options Trades

$0 (via Gatsby-powered eToro Options)

Min. Deposit

$50

Research Tools

Intermediate

Fractional Shares

Yes

Crypto Trading

Yes

Rates & Fees

Stock Trades

$0

Options Trades

$0 (via Gatsby-powered eToro Options)

Min. Deposit

$50

Account/Inactivity Fee

None

Full Transfer-Out Fee

$75 for a full account transfer (ACAT)

Key Features

CopyTrader lets US users automatically mirror the trades of other investors on the platform

Access to 100+ cryptocurrencies alongside commission-free stocks, ETFs, and options

$100k virtual demo account for practicing strategies risk-free

Pros & Cons

Pros

  • Social/copy-trading features are unmatched among US brokers
  • $0 commission on stocks, ETFs, and options
  • Low $50 minimum with fractional shares available

Tradeoffs

  • No retirement accounts (no IRA support) β€” taxable individual accounts only
  • No margin trading for US customers
  • ~1% spread/fee on crypto transactions; research tools lighter than full-service brokers

Best for: Social investors who want to copy other traders' portfolios and combine crypto with commission-free stock and options trading

How to Apply

Decide which account type fits your goal β€” eToro USA Securities Inc. offers Individual.

Have your Social Security number, employment information, and a funding source (bank account or transfer) ready.

Open the account directly on eToro USA Securities Inc.'s site or app; identity verification is required by federal law for all brokerages.

Fund the account with at least $50 to meet the minimum deposit requirement.

Review commission schedules and any account fees before placing your first trade.

How It Compares

Current product highlighted
ProductStock TradesOptions TradesMin. Deposit
eToro US$0$0 (via Gatsby-powered eToro Options)$50
Fidelity Investments$0$0.65/contract$0
Charles Schwab$0$0.65/contract$0
E*TRADE$0$0.65/contract ($0.50 for 30+ trades/qtr)$0

Fees and features shown are illustrative as of 2026 and subject to change β€” always confirm current terms directly with the broker before opening an account.

← Compare all brokerage accounts