eToro in Ireland – All you need to know!

Is eToro legal in Ireland?

Yes. Ireland is one of the countries eToro serves, so using eToro as an investment platform is legal in Ireland.

Irish clients are served by eToro (Europe) Ltd, which is regulated by the Cyprus Securities and Exchange Commission (CySEC) and operates in Ireland under EU passporting rules (registered with the Central Bank of Ireland).

eToro Ireland highlights

How safe is eToro?

This is usually the first question that comes to mind, and as investors ourselves, it was our first concern too.

eToro provides three layers of protection:

• Your securities are held in a segregated account: each time you buy a non-leveraged position in a stock or ETF, you acquire a financial asset that belongs to you, held with a custodian. In other words, if something went wrong with eToro, your assets would be kept separate from the company’s own.
• Investor protection (regulatory obligation): as an Irish investor, you open an account through eToro (Europe) Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). It must therefore be a member of the Cyprus Investor Compensation Fund (ICF), which provides cover of up to €20,000 per client.
• Private insurance: eToro offers free insurance from Lloyd’s of London of up to €1 million covering cash, securities and CFD positions in case of insolvency. It is only available to Platinum, Platinum+ and Diamond Club members, applies to losses above the first €20,000 and does not cover real crypto positions.

If you need more details on security, check out our analysis of the safety of eToro.

What financial instruments and features will I find?

You can trade a wide variety of financial products:

• Stocks: you can buy stocks from the main US and European exchanges, including the NYSE, Nasdaq, London, Frankfurt, Amsterdam, Zurich, Madrid and Milan.
• ETFs: eToro offers ETFs from providers such as iShares, Vanguard, Invesco and VanEck, with no commission.
• Commodities: you can get exposure to gold, silver, copper, oil and more through CFDs or commodity ETFs.
• Forex: currency pairs such as EUR/USD, GBP/USD and USD/JPY are available as CFDs.
• Crypto: you can buy real cryptoassets such as Bitcoin and Ether, with a 1% fee on each purchase and sale.
• CFDs: eToro lets you trade the asset classes above with leverage through CFDs. Leverage magnifies losses as well as gains, and most retail CFD accounts lose money.

You can also use the CopyTrader feature to copy other investors automatically, replicating their positions in your own account. Copying another investor is not investment advice, and their past results do not guarantee future returns.

eToro’s fees

As with any business, eToro needs to make money. One source of revenue is the spread, the difference between the buy and sell prices.

For Irish residents, real stock trades cost a flat $1 or $2 per trade, on opening and on closing, depending on the exchange. ETF trades have no commission.

Crypto carries a 1% fee each time you buy and sell. CFDs are priced through the spread, and spreads can be wide on some products, so it is worth checking eToro’s fees page to know exactly what you are paying.

There are also overnight fees on leveraged CFD positions and currency conversion fees when you trade assets in a currency other than your account currency. As for non-trading fees, there is no inactivity fee, and withdrawals are free from a EUR account and cost $5 from a USD account.

How to open an account?

To open an account, you need to go to eToro’s website, click on “Join now”, and provide the required information, as shown in the following image:

In the first check box (underlined in red), confirm in which subsidiary you are registering.

After this step, you need to verify your identity and address. Your proof of identity could be your passport or national ID card, and your proof of address could be a bank statement or a utility bill.

We suggest you submit all the documents as soon as you open an account to prevent delays when withdrawing your money. We have had no issues taking money out of the platform, but it may take longer if your account is not fully verified.

Once everything is correctly set up, you’ll be able to deposit money to start trading with your real account on the eToro platform:

The sidebar and the search bar at the top make the platform easy to navigate.

How to deposit and withdraw?

Before answering this, remember that you can use a demo account before deciding whether to deposit real funds.

Deposits: on your eToro dashboard, you will find “Deposit Funds”. Clicking it opens a pop-up with several deposit options, such as credit/debit card, PayPal, Skrill, Rapid Transfer, Neteller, and bank transfer. The eToro minimum first deposit is $50.

Withdrawals: you will also find a “Withdraw Funds” tab. The method you used to deposit should be the same one used to withdraw. From a EUR account, withdrawals are free with no minimum. From a USD account, the minimum withdrawal is $30 and each withdrawal costs $5.

How to trade stocks or any other security?

The process for buying or selling stocks is straightforward, and is similar to other asset classes (ETFs, cryptocurrencies or any security).

First, use the search bar to find the company you are looking for and then click on “Trade”, as shown in the image below:

Second, a pop-up will appear where you can buy the stock. With leverage set to “X1”, you are buying the underlying asset, not a CFD. Selecting a higher leverage or opening a short position turns the trade into a CFD.

Customer support

Our view of customer support comes from our own experience. We have contacted eToro’s support more than once, and the response time varies. The longest we waited for a reply was about seven days, but it usually takes less than three days.

How are eToro investments taxed in Ireland?

eToro does not deduct Irish tax for you, so you declare your gains and income to Revenue yourself. The rules depend on what you buy:

• Stocks and crypto: gains are subject to capital gains tax (CGT). Budget 2027 cut the CGT rate from 33% to 31% for disposals made after 7 October 2026.
• EU-domiciled ETFs: most ETFs on eToro are domiciled in Ireland or elsewhere in the EU and pay exit tax instead of CGT. The rate is 38% in 2026 and falls to 35% from 1 January 2027. The deemed disposal rule still applies, which means you are taxed on unrealised gains every eight years even if you do not sell.
• Dividends: dividends are taxed as income at your marginal rate, and foreign dividends may also suffer withholding tax at source.

From July 2027, a new tax-advantaged investment account will let Irish residents invest up to €12,000 a year without deemed disposal. Tax rules are complex, so consider speaking to a tax adviser.

Final thoughts

All in all, eToro is a solid option for Irish investors who want commission-free ETFs, low flat fees on stocks and a social platform where you can follow and copy other investors. Keep the currency conversion costs in mind if you trade US assets.

eToro has been listed on the Nasdaq since 2025 and had 4.23 million funded accounts and $20.1 billion in assets under administration at the end of May 2026.

For a complete overview of how eToro operates globally, please read our eToro review!