At a Glance
Rates & Fees
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| Product | Stock Trades | Options Trades | Min. 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.