eToro Netherlands Review 2026: Fees, Crypto, Verdict

Short answer: eToro is available to expats in the Netherlands through eToro (Europe) Ltd, which is regulated by CySEC and passported under MiFID II. Everything is in English. EU residents can hold a EUR account, so euro deposits no longer have to be converted to dollars, but buying US shares or other non-EUR assets from that account costs 0.75% in conversion. ETF trades carry no commission and stock trades may carry a USD 1 or 2 commission; spreads apply. Its distinctive features are CopyTrader and a crypto range in the same account. Investing involves risk of loss.

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All eToro fees on this page come from eToro’s fees and conversion fee pages, checked on 25 September 2026. DEGIRO fees come from DEGIRO’s Dutch fee schedule with rates from 1 January 2026, checked on the same date. Fees change, so check both providers before you open an account.

What is eToro?

eToro is an online broker founded in Tel Aviv in 2007. It offers stocks, ETFs, cryptoassets, and CFDs on commodities, currencies and indices. Its best-known feature is CopyTrader, which lets you mirror the trades of another eToro user in proportion to the amount you allocate.

In the Netherlands eToro works through eToro (Europe) Ltd, a Cypriot company authorised by CySEC. It serves Dutch clients under the EU MiFID II passport and is not licensed in the Netherlands itself.

Opening an account as an expat

You register online or in the app and then verify your identity. Expect to provide:

• a valid passport or EU ID card;
• proof of your address in the Netherlands, such as a recent bank statement or rental contract;
• your BSN (burgerservicenummer) and tax details.

Enter your address exactly as it appears in the municipal register (BRP). A different spelling or a missing addition to the house number is a common reason for verification to stall.

The minimum first deposit varies by country, between USD 10 and USD 10,000 according to eToro’s help pages, and the app shows the amount that applies to you. iDEAL and SEPA bank transfer are available for Dutch residents; eToro lists PayPal as not supported for deposits from the Netherlands.

Once verified you can open a EUR account next to the investment account, which runs in USD. EU residents are eligible. The EUR account has an IBAN, so you can fund it with a normal SEPA transfer.

Platform features

Stocks and ETFs

eToro offers stocks on exchanges in the US and Europe, including Euronext Amsterdam, and a selection of ETFs. The ETF range is narrower than at brokers that focus on ETFs, so check whether the specific fund and listing you want is available before you move money.

You can buy fractional shares, which means you can invest a fixed amount instead of buying whole shares.

CopyTrader

You choose another eToro user, allocate at least USD 200, and eToro copies their trades in proportion. eToro charges no separate fee for copying, but spreads and transaction fees on the copied trades still apply.

The platform shows each trader’s past returns, a risk score and the number of copiers. Past performance is not a reliable indicator of future results. Copying someone does not reduce risk: you take on their positions, their concentration and their mistakes. eToro’s own warning says copy trading involves a high level of risk, even when following top-performing traders.

Crypto

eToro offers Bitcoin, Ethereum and a range of other cryptoassets. You hold the cryptoasset itself rather than a derivative, and you can transfer it to the eToro Money wallet. Crypto assets are highly volatile. The value can fluctuate significantly and you can lose the entire amount invested.

Smart Portfolios

Smart Portfolios are themed bundles of assets put together and rebalanced by eToro. eToro says it charges no management fee or commission on them; spreads on the underlying positions still apply. Themes and minimums change, so check the current list in the app. A themed basket is usually more concentrated than a broad index fund, which means it can move very differently from the wider market.

Practice account

eToro offers a virtual portfolio with play money for trying the platform. Results in a practice account say little about how you will react to real losses.

eToro fees

Commission

eToro charges no commission on ETF trades. For stocks, a commission of USD 1 or USD 2 may apply when you open and when you close a position, depending on your country of residence and the exchange. Crypto trades carry a 1% fee for Bronze, Silver and Gold Club members.

Currency conversion

This is where the account setup matters:

Club members get 20% to 80% off these conversion fees, depending on their tier. Withdrawals from the EUR account to a EUR bank account carry no fee.

Spreads

eToro also earns on the spread, the difference between the buy and sell price. For liquid stocks and ETFs this is usually small; for crypto and less liquid assets it can be larger. The spread is not shown as a separate fee, so look at the quoted buy and sell prices before you place a larger order.

CFDs and overnight fees

Leveraged positions on eToro are CFDs, which carry overnight financing fees. eToro’s own risk warning stated that 51% of retail investor accounts lose money when trading CFDs with this provider (checked 25 September 2026). Leveraged products are subject to significant price fluctuations and you can lose your entire investment. If you only want to own shares or ETFs, check that leverage is set to 1x before you confirm an order.

Withdrawals and inactivity

Withdrawals from the USD account cost USD 5 with a USD 30 minimum; withdrawals from the EUR account are free. eToro’s fee page lists no inactivity fee.

Strengths

English throughout. The platform, help centre and support are in English, which helps if you do not yet read Dutch financial terms.

Several asset classes in one account. Stocks, ETFs and crypto sit side by side, so you do not need a separate crypto exchange if you want both.

Small amounts. Fractional shares let you invest a fixed sum from the start.

EUR account. Since the EUR account arrived, euro deposits and EUR-based assets no longer pass through a dollar conversion.

Drawbacks

Conversion on non-EUR assets. US shares and other non-EUR assets bought from the EUR account cost 0.75% in conversion, plus the reverse conversion when you sell. At DEGIRO the AutoFX rate is 0.25%.

Narrower ETF range. Check availability of the exact fund and listing you want.

Crypto transfer fee. Moving crypto to the eToro Money wallet costs 2% of the amount.

Design that encourages activity. The social feed, notifications and trader rankings are built to keep you engaged. Frequent buying and selling means paying spreads and fees on every round trip, which reduces returns.

Not a Dutch-licensed firm. eToro serves Dutch clients from Cyprus under the EU passport. If a Dutch-licensed provider matters to you, take that into account.

eToro compared with other providers

eToro and DEGIRO

DEGIRO’s account is in euros. Through its ETF Core Selection you can trade more than 1,000 ETFs, ETCs and ETNs on Tradegate for a EUR 1 handling fee per trade. Currency or external product and spread costs may apply. Other ETFs cost EUR 3 per trade, US shares EUR 2 and shares on Euronext Amsterdam EUR 3, commission plus handling (DEGIRO fee schedule, rates from 1 January 2026; checked 25 September 2026). DEGIRO has no copy trading and is an execution-only broker, so it gives no investment advice. eToro adds social trading and crypto in the same account. Investing involves risk of loss.

For a comparison with a Dutch fund provider, see Meesman vs DEGIRO for expats.

eToro and Meesman

Meesman is a Dutch provider of a small number of index funds, aimed at long-term investing with periodic deposits. eToro offers many more asset types and more trading tools. The two are built for different uses, so compare the costs and the range against what you intend to do.

eToro and Interactive Brokers

Interactive Brokers offers access to a very wide range of exchanges and instruments, with a more complex platform. We have not checked its current Dutch fees for this page, so compare them on its own fee schedule.

Cost example: EUR 500 a month

The table below shows the fees for twelve monthly purchases of EUR 500 in a EUR-listed ETF, assuming the ETF is available at both brokers and bought with euros. It covers broker fees only; the ETF’s own running costs come on top at both.

Currency or external product and spread costs may apply. On these assumptions eToro’s listed fees are lower for a EUR-listed ETF. The picture changes with the product: the spread, the ETF’s availability and its listing currency differ per broker, and for a non-EUR asset eToro’s 0.75% conversion applies.

For US shares the comparison runs the other way round. A EUR 1,000 purchase of a NASDAQ share costs at DEGIRO EUR 2 (EUR 1 commission plus EUR 1 handling) plus 0.25% AutoFX, so EUR 4.50. At eToro from the EUR account it costs 0.75% conversion, EUR 7.50, plus the USD 1 or 2 stock commission where it applies. Spreads come on top at both. Investing involves risk of loss. This is not investment advice.

Dutch tax: declaring eToro in Box 3

The Netherlands taxes savings and investments in Box 3, based on the value of your assets on 1 January and a deemed return per asset category. In 2026 the tax-free allowance is €59,357 per person and the deemed return on investments, including crypto, is 6.00%.

Do not count on your eToro holdings appearing in your pre-filled Dutch return. Check the return and add them yourself:

1. Download the annual statement in the eToro app or on the website.
2. Take the value of your holdings and cash on 1 January.
3. Convert any USD amount to euros at the exchange rate for 1 January.
4. Enter the total in Box 3 as investments held abroad. Crypto held on eToro goes in the same category.

If your actual return was lower than the deemed return, the counter-evidence rule may let you pay tax on the actual return instead. That needs complete statements for the whole year.

The 30% ruling lowers income tax on your salary but does not change how Box 3 treats eToro holdings. People who applied the ruling before 2024 could, under transitional rules until the end of 2026, opt for partial non-resident status, under which Box 3 only covers Dutch real estate and a few related rights. That choice is not available to newer ruling holders. US persons face separate US rules (PFIC) on EU-domiciled ETFs at any European broker.

Tax treatment depends on your individual circumstances and may change. Please consult a tax adviser. Our overview of tax advisers for expats in the Netherlands lists English-speaking advisers, and the crypto tax guide covers crypto in more detail.

Who eToro fits

eToro is built for people who want:

• an English platform with stocks, ETFs and crypto in one account;
• CopyTrader or the social feed;
• to start with small amounts through fractional shares.

It is less suited to people who:

• mainly buy US shares and want to keep conversion costs low;
• need a specific ETF that eToro does not list;
• prefer a provider licensed in the Netherlands.

Investing involves risk of loss. This is not investment advice.

Funding your account from abroad

If part of your savings is still in another currency, the conversion rate you get before the money reaches eToro matters as much as eToro’s own fees.

Send Money Internationally with Wise →

Internal Resources

• Best ETF Platforms Netherlands for Expats 2026
• DEGIRO Review for Expats Netherlands 2026
• Meesman vs DEGIRO: Dutch Investing Compared 2026
• Crypto Tax Netherlands: Expat Guide
• Side Hustle and Passive Income Netherlands 2026
• Retiring in the Netherlands: Expat Guide

External source: Belastingdienst — Box 3 — official information on how savings and investments are taxed.