Savings Interest Rates, Switch Offers and Guides for eToro

Who they are

eToro was founded in 2007 as an online forex broker under the name RetailFX, before rebranding and growing into a globally recognised name. Today it is a multi-asset trading platform with a particular focus on CFDs and zero-commission real stocks and ETFs. By 2025 the company reported having 40 million registered users across 75 countries. In the UK, eToro (UK) Ltd is authorised and regulated by the Financial Conduct Authority under firm reference number 583263. For most savers, eToro is an app-first experience - there is no phone support, which is worth knowing before you open anything.

Savings accounts

eToro offers two ISA products for UK savers.

The Cash ISA pays a variable rate - check the live figure on this page, as it moves with market conditions. The rate includes a promotional boost on top of the base rate, available for the first 12 months, after which it reverts. The minimum to open is £500, and if you are transferring from an existing ISA the minimum is £10,000. It is a flexible ISA, meaning withdrawals can be replaced within the same tax year without eating into your £20,000 allowance - a genuinely useful feature at this rate level. There is one important structural point: eToro's Cash ISA is delivered in partnership with Moneyfarm, designed to offer a competitive return on cash held within the ISA. Your money is held in a Qualifying Money Market Fund rather than a standard bank deposit, which means FSCS protection sits at £85,000 rather than the £120,000 limit that applies to conventional cash savings accounts. For most savers depositing typical amounts this makes no practical difference, but if you are consolidating a large ISA pot it is worth keeping in mind.

The DIY Stocks and Shares ISA lets you build your own portfolio with a minimum of £500. There is no fixed rate - returns depend on the investments you choose. FSCS protection covers investments up to £85,000 and uninvested cash up to £120,000. There is also a cashback offer available on this account; the precise terms are shown on this page and apply to new deposits and ISA transfers above a set threshold.

Is it right for you?

eToro suits savers who are comfortable with an app-only platform and want competitive easy-access ISA rates, or investors who want a straightforward DIY stocks and shares ISA in one place. The triple-access limit on the Cash ISA - make more than three withdrawals in a year and the rate drops - means it works best as a savings pot you dip into only occasionally, not a day-to-day buffer.

If you need phone support, prefer a standard bank deposit structure, or hold balances above £85,000 in a single institution, you may want to look elsewhere or split across providers.

Rates and offer terms change regularly - always check the live figures on this page before deciding.