#24 of 115 in the US ranking · Broker / app
eToro Review (October 2026): Fees, US States and Licenses
Best for: Flat-fee crypto buying
6.3/10
By Vahe Hakobyan Verified Medium confidence No affiliate links
- Taker fee— Not verified
- US states49 of 51
- New YorkYes
- Coins100
- CustodyCustodial
- App Store4.4 ★ · 9.9K
Our verdict
eToro USA LLC offers more than 100 cryptoassets in 48 states and DC, excluding Nevada and Hawaii, and charges 1% on each crypto buy and sell. New York residents get a smaller selection through eToro NY LLC, a BitLicense holder. Supported coins can move to the eToro Wallet and on to external wallets. A 2024 SEC settlement had limited US trading to three coins.
Pros
- Flat 1% crypto fee shown separately from the price
- 100+ cryptoassets; licensed New York entity serves New Yorkers
- Stocks, ETFs and options offered on the same platform
Cons
- Crypto trading is not available in Nevada or Hawaii
- 1% per trade with no published volume discounts
- 2024 SEC settlement: $1.5 million penalty over unregistered brokerage
eToro fees
- Maker / taker
- — Not verified
- Simple buy
- 1% fee on each crypto buy and sell, shown separately from the price since mid-July 2025
- Volume tiers
- No volume tiers published for US crypto. Stocks and ETFs are commission-free; options carry no commission or contract fee for US users (regulatory fees apply).
- ACH deposit
- — Not verified
- Wire deposit
- — Not verified
- Card purchase
- — Not verified
- USD withdrawal
- $0 fee; $30 minimum withdrawal
- Crypto withdrawal
- Transfer and network fees may apply (amounts not verified)
- Minimum deposit
- — Not verified
Is eToro available in my state?
Crypto trading is offered in 48 states and DC (not Nevada or Hawaii); New York residents were added on April 1, 2026, according to crypto.news.
- AL available
- AK available
- AZ available
- AR available
- CA available
- CO available
- CT available
- DE available
- DC available
- FL available
- GA available
- HI not available
- ID available
- IL available
- IN available
- IA available
- KS available
- KY available
- LA available
- ME available
- MD available
- MA available
- MI available
- MN available
- MS available
- MO available
- MT available
- NE available
- NV not available
- NH available
- NJ available
- NM available
- NY available
- NC available
- ND available
- OH available
- OK available
- OR available
- PA available
- RI available
- SC available
- SD available
- TN available
- TX available
- UT available
- VT available
- VA available
- WA available
- WV available
- WI available
- WY available
Crypto is also unavailable in Puerto Rico and the US Virgin Islands; eToro does not operate in American Samoa or Guam. New York residents get a more limited coin selection. Staking is not available in all states.
- New York
- Yes
- ID check (KYC)
- Yes
- Withdraw crypto
- Yes
- Funding
- — Not verified
Is eToro regulated?
- NMLS 1769299
- BitLicense
- US operator
- eToro USA LLC (eToro NY LLC for New York residents)
- Parent company
- eToro Group Ltd.
- State licenses
- NYDFS lists eToro NY LLC with virtual currency and money transmitter licenses (list date February 2023); eToro USA LLC shows NMLS ID 1769299. Other state licenses were not itemized.
- New York license
- BitLicense
- Other
- A September 12, 2024 SEC settlement limited US crypto trading to BTC, BCH and ETH; the official US crypto page now advertises more than 100 cryptoassets.
- Founded
- 2007
- Headquarters
- New York, NY, USA (eToro USA LLC address); parent company based in Israel
How secure is eToro?
- Proof of reserves
- — Not verified
- Audits
- — Not verified
- Insurance
- — Not verified
Incidents since 2019
- 2024settlementeToro USA LLC agreed on September 12, 2024 to pay $1.5 million to settle SEC charges of operating as an unregistered broker and clearing agency, and limited US crypto trading to BTC, BCH and ETH.
Crypto held on a platform is not covered by FDIC or SIPC insurance.
What you can do on eToro
- Spot
- Staking
- Stocks & ETFs
Supported cryptoassets can be moved to the eToro Wallet and then to external wallets; availability varies by region. Staking covers select assets with monthly rewards and is not available in all states. Options on the platform are stock and ETF options. CopyTrader availability for US crypto accounts was not verified.
- Apps
- Web, iOS, Android
- Support
- Help center
eToro FAQ
Is eToro available in my state?
eToro serves 49 of 51 jurisdictions (50 states and DC). Not available in Nevada, Hawaii.
Can New York residents use eToro?
Yes. eToro accepts New York residents.
What are eToro's fees?
Simple buy: 1% fee on each crypto buy and sell, shown separately from the price since mid-July 2025.
Is eToro regulated in the US?
US customers are served by eToro USA LLC (eToro NY LLC for New York residents). Registrations and licenses on record: NMLS 1769299, BitLicense.
Can I withdraw crypto from eToro to my own wallet?
Yes. eToro lets US users send crypto to an external wallet.
Does eToro require ID verification?
Yes. eToro verifies your identity before you can trade.
How many cryptocurrencies can I trade on eToro?
About 100 cryptocurrencies are available to US users, per eToro's official asset list.
Alternatives to eToro
Robinhood#2 · Commission-free crypto with transfers8.0
E*TRADE from Morgan Stanley#4 · Existing E*TRADE clients7.6
tastytrade#6 · Active multi-asset traders7.3
Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.