What is the spread?
Last updated: 12 August 2026
etoro provides two-way prices to its customers for every asset. A sell (bid) price and a buy (ask) price. The spread is the difference between these two values.
The sell price is always lower than the buy price. For example, if the sell price is 1.2636 and the buy price is 1.2638, the spread is 2 pips.
The spread is reflected in the valuation of a position as a loss from the moment it is opened.
How is the spread determined on etoro?
On etoro, the structure of the spread depends on the type of asset:
Stocks, ETFs, and crypto: Only the market spread applies (determined by the market, not etoro). Any trading fees are charged to the available balance.
Currency pairs, commodities, and indices: Includes both the market spread and a markup charged by etoro specific to each asset.
Can the spread vary?
Yes, the market spread is variable. This means it can change depending on market conditions such as volatility, trading volume, and liquidity.
Spreads tend to widen during periods of low liquidity or high market volatility, such as during major news events or outside regular trading hours.
How much is the markup charged by etoro?
The spread fee for each commodity, currency pair, and index is listed on our fees page.
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