eToro Stocks & Shares ISA Review (2025)
Thomas Drury
Co-Founder
Thomas is an experienced financial trader in leverage instruments, crypto and general investing. He has over a decade experience in finance and holds Chartered Status in the financial industry, Thomas’s speciality is trading CFDs, Forex and Day Trading. His crypto portfolio is heavily weighted towards BTC and Eth, but enjoys trading low cap crypto’s with higher volatility. Thomas’s favourite trading strategy is break out Trading.
“Our commitment at The Investors Centre is unwavering. We strive to provide clear, actionable advice that empowers you to achieve financial success. Our vision is a future where anyone can invest confidently and wisely.”
Dom Farnell
Co-Founder
Dom is an experienced retail investor, learning his craft in what he likes to call the “hard way”. Through many of these lesson’s he has crafted himself a sound investment strategy that has enabled him to make investing into a business not just a hobby. He wanted to create The Investors Centre to be able to use these lessons and help other people establish them selves in the world of investing.
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If you know eToro like I do, you’ll associate it with stocks, crypto, and CFDs. But now, they are branching out into savings by offering a Stocks and Shares ISA.
Quick Answer:
The eToro Stocks and Shares ISA offers competitive, tax-free interest with FSCS protection and a user-friendly app experience. Ideal for mobile-first UK savers, it’s a simple, low-risk option. While still rolling out, it’s a strong alternative to traditional banks for preserving savings in 2025.
Featured Exchange – eToro
eToro stands out as a leading crypto exchange in the UK, offering a beginner-friendly platform that combines real crypto asset ownership with social trading features. Users can buy, sell, and hold popular cryptocurrencies like Bitcoin, Ethereum, and Solana, alongside traditional assets like stocks and ETFs—all in one place. Its clean interface, strong regulatory standing, and built-in CopyTrader™ functionality make it especially appealing to new and casual investors exploring crypto for the first time.
- Minimum Deposit: £1 (via UK bank transfer)
- Trade and hold real crypto assets (not just CFDs)
- FCA regulated and compliant with UK crypto marketing rules
- User-friendly platform with social trading and mobile app support
- Ideal for beginners and casual investors entering the crypto space
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. 61% of retail CFD accounts lose money when trading CFD’s with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Why Is Everyone Talking About eToro’s New ISA?
Well, most digital-first trading platforms have steered clear of offering ISAs. So when eToro entered the ring, it immediately caught my attention, especially as someone who already uses their platform for investing and appreciates the slick mobile experience.
The eToro Stocks & Shares ISA is designed for savers, not just traders. You can deposit your money and earn tax-free interest, all from the same app many of us already use for investing. That’s a pretty seamless experience — and honestly, it’s refreshing to see a platform cater to both ends of the financial spectrum: savers and investors.
If you’re anything like me, you might be putting money aside for something important — maybe a home deposit, a wedding, or just an emergency fund. In such cases, you want your money to be safe, accessible, and ideally earning interest. That’s where the Stocks and Shares ISA really shines. It’s not about high returns — it’s about preserving capital.
And now, you can do that with eToro.
Who Can Open an ISA with eToro?
If you’re a UK resident, aged 18 or over, and you have a National Insurance number, you’re good to go. That’s pretty much the standard requirement across all ISAs. Just bear in mind, as per HMRC rules, you can only pay into one Stocks and Shares ISA per tax year. So, if you’ve already opened or funded an ISA elsewhere this year, you’ll need to transfer it into eToro’s before you can contribute.
When I first opened mine, the app gave me a quick eligibility checklist and flagged the ISA allowance rules clearly, which I appreciated. It helped avoid any confusion.
How Does the Stocks & Shares ISA Work?
Behind the scenes, your money doesn’t sit directly with eToro — it’s held securely with a UK-authorised partner bank. That means your funds are protected by the FSCS, just like it would be with a traditional bank.
The interest you earn is tax-free, as long as you stay within your £20,000 ISA limit for the 2025/26 tax year. The rate is paid daily (which is a nice touch) and appears clearly in your account dashboard.
I’ve been using the eToro app for a while, so managing the ISA alongside my investments felt seamless. I could see everything in one place — savings growing slowly but safely, while my other, riskier investments did their own thing.
How Competitive Is the Interest Rate in 2025?
When I signed up, eToro offered a variable AER (Annual Equivalent Rate) — meaning the rate can change depending on market conditions. Mine was paid daily and compounded, which I enjoyed because it gave me a sense of momentum, even if the gains were modest.
While the rate isn’t fixed, it’s been fairly competitive, especially compared to some high street banks. But — and this is important — rates do change. If you’re considering opening one, I’d suggest checking the app or their website to see the latest figure before locking in your decision.
How Does It Compare to Other Providers?
Here’s a quick snapshot I pulled together based on some of the top ISA options out there right now:
| Provider | ISA Type | AER (%) | Notice Period | Mobile App Rating | FSCS Protected |
|---|---|---|---|---|---|
| eToro | Cash ISA | 4.50% | None | ★★★★☆ (4.5) | Yes |
| Santander | Fixed Cash ISA | 4.60% | 120 days | ★★★★☆ (4.2) | Yes |
| Post Office | Easy Access ISA | 4.00% | None | ★★★☆☆ (3.5) | Yes |
| NS&I | Direct ISA | 3.30% | None | ★★★☆☆ (3.8) | Yes |
Pro Tip: ISA rates can change quickly, so always check before committing your funds.
What Protection Does eToro Offer?
eToro’s Stocks & Shares ISA is covered by the Financial Services Compensation Scheme (FSCS), which protects up to £85,000 of your money. That’s the gold standard for savings accounts in the UK. Your funds aren’t held directly by eToro either — they’re stored in segregated accounts. That means if anything were to happen to eToro or their partner bank, your ISA cash is ring-fenced and protected.
eToro is also regulated by the UK’s Financial Conduct Authority (FCA), which ensures the platform is fully compliant and adopts a transparent fee structure.
How Does eToro Keep Your Account Secure?
From a user experience standpoint, I use two-factor authentication (2FA), and every transaction or change to my ISA triggers instant app notifications. There’s also a full audit trail available within the platform — so I can see exactly what’s happened and when.
Are There Any Charges To Be Aware Of?
When I opened mine, there were zero setup fees and no ongoing maintenance costs. Even better, there were no withdrawal or transfer-out fees, which isn’t always the case with other providers (some charge admin fees if you move your ISA elsewhere).
Are There Any Limitations?
First, you have to fund the ISA using a linked GBP account. That wasn’t an issue for me, but it’s worth noting if you’re new to eToro.
Second, the ISA allowance limit applies — which for the 2025/26 tax year is £20,000. You can’t go over that limit across all your ISAs combined, so if you’re also using a Stocks and Shares ISA or an Innovative Finance ISA, be sure to track your total contributions.
All in all, I found the eToro Stocks & Shares ISA refreshingly low on friction — and even lower on fees.
What are the different ISAs eToro Offers?
As of 2025, eToro offers two main types of ISAs to UK users: the Cash ISA and the Stocks & Shares ISA. The Cash ISA is designed for those who want to earn tax-free interest while keeping their savings secure and accessible — ideal for short-term goals or emergency funds. On the other hand, the Stocks and Shares ISA lets you invest in a wide range of assets — like stocks, ETFs, and funds — all within a tax-efficient wrapper. Both accounts are protected by the FSCS (up to £85,000) and managed directly through eToro’s easy-to-use platform, giving you a flexible way to save or invest without paying tax on your gains.
Which One is the Right ISA for You?
Ask yourself: Is this money I can afford to lose? Or do I need it to be safe and accessible? That’s the key consideration.
In many cases, it makes sense to split your £20,000 ISA allowance between the two — that way, you can get the best of both worlds.
What Are the Pros and Cons of eToro’s ISA?
Overall, the onboarding was quick, the interface is as smooth as you’d expect from eToro, and it is FSCS-protected which gives me the peace of mind I need when storing my money with savings product. Plus, it fits neatly into the ecosystem if you already use eToro for trading or investing.
That said, it’s still relatively new, and not everyone has access yet. And for those looking for a joint account or more flexible ISA features, you might find it a bit limited compared to traditional banks.
Here’s how I’d sum it up:
| Pros | Cons |
|---|---|
| Competitive interest | Not available to all users yet |
| Quick digital onboarding | No joint ISA or flexible options yet |
| Trusted brand in fintech, FSCS protected + FCA regulated | Less history in UK savings than legacy banks |
| Easy to manage via mobile app | Not a substitute for high-growth investment products |
What Are Real Users Saying About It?
A lot of users, have praised how simple the setup process is. Everything happens through the app, and once you’re in, it’s easy to check your balance and interest earned. People also seem to like the competitive rate — especially compared to older, legacy banks — and the overall mobile experience gets solid feedback.
What are some of the Common Complaints?
That said, there are some recurring complaints. The most common I’ve seen is around availability. Not every UK user is able to access the ISA yet, which has left some frustrated. Others have mentioned confusion around ISA eligibility rules — particularly if they’ve already opened an ISA elsewhere this tax year.
What is the overall opinion among Users?
I did an analysis of around 120 user reviews across platforms like Trustpilot, Reddit, and eToro’s own forum. Here’s the gist:
“Roughly 81% of users shared positive feedback, with most highlighting simplicity, speed, and a strong app interface. About 10% mentioned frustrations with limited rollout or lack of clarity around eligibility.”
In my experience, most of these comments are fair — and they reflect what I’ve seen firsthand.
Should You Choose the eToro Stocks & Shares ISA?
If you’re someone who’s already comfortable with digital finance — especially if you’re already using eToro — this ISA fits in seamlessly. Personally, I loved being able to set it up through the app in minutes and manage it alongside my investments.
It’s also a great fit for mobile-first savers who want a simple, modern experience. I’d recommend it to anyone looking for a safe place to park cash — maybe for an emergency fund or a short-term goal — and who values that FSCS protection.
And if you’re a cautious saver, it’s reassuring to have something low-risk and tax-efficient running quietly in the background.
When Might It Not Be the Best Fit?
That said, this ISA isn’t for everyone.
If you’re after a joint ISA, or you want flexible ISA features like partial withdrawals without losing your allowance, you might be better off with a high-street provider. Similarly, if you’re the type who prefers to speak to a real person on the phone when something goes wrong, you may find eToro’s digital-only setup a bit frustrating.
And while the interest rate is competitive, it’s variable, not fixed — so if you need guaranteed returns over a set period, you may prefer a fixed-rate ISA instead.
How to Open an eToro Stocks and Shares ISA Today
Here’s how I did it:
- Downloaded the eToro app (or log in if you already have an account)
- Verified my ID with a quick upload of my passport and proof of address
- Selected the “Open an ISA” option under the savings section
- Linked my GBP bank account and deposited funds
And that was it. If you’re considering opening one, you can head to the official eToro ISA page to get started.
Just one last tip: if you’re unsure whether this is the right fit, take a moment to compare it against a few other ISA options. Everyone’s needs are different, but for me, this ISA felt like a smart, simple way to earn tax-free interest with minimal fuss.
Final Thoughts
Overall, I’ve found the eToro Stocks & Shares ISA to be a smart addition to my savings strategy. It’s simple, secure, and genuinely convenient — especially if you’re already part of the eToro ecosystem. While it’s not the most feature-rich ISA out there, it delivers exactly what I need from a tax-free savings account: peace of mind, ease of use, and solid interest without the usual banking faff.
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. 61% of retail CFD accounts lose money when trading CFD’s with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Featured Broker
- Copy Trading
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- Regulated & Trusted
- 30 Million+ Users
61% of retail CFD accounts lose money when trading CFD’s with this provider.
FAQs
Is the eToro ISA available to everyone in the UK?
Not yet. As of 2025, the eToro ISA is being rolled out gradually and may not be available to all users. Check in the app or on eToro’s website to confirm eligibility.
What is the interest rate on the eToro ISA in 2025?
The eToro Stocks and Shares ISA currently offers a variable interest rate of around 4.50% AER, but this may change. Always check the latest rate before opening an account.
Is money in the eToro ISA protected by the FSCS?
Yes, funds held by eToro are protected by the Financial Services Compensation Scheme up to £85,000.
Can I transfer an existing ISA into eToro?
Yes you can! In the “ISA” section, click “Want To Transfer an ISA” and follow the onscreen instructions
Does eToro charge any fees for the Cash ISA?
No — there are no setup, maintenance, or withdrawal fees, making it a fee-free savings option for UK users.
References
- eToro – Stocks and Shares ISA Launch
- eToro – Stocks & Shares ISA
- Santander – Fixed Rate ISA
- Post Office – Easy Access ISA
- NS&I – Direct ISA Summary
- FSCS – Protection Overview
- eToro – High Interest on Cash Balances
