etoro, the trading and investing platform, has scrapped dealing commission and custody charges on its Stocks & Shares ISA, while introducing a rate boost that lifts its Cash ISA to a market-leading 4.87% AER (variable).
The changes mean UK clients buying or selling investments through the Stocks & Shares ISA now pay no commission and face no yearly custody charge, although a 0.70 FX fee remains in place for assets not denominated in sterling.
The product allows users to construct their own tax-efficient portfolio, offering access to thousands of equities across the UK, US and Europe, as well as ETFs, bonds and mutual funds.
Alongside this, eligible UK customers opening and funding a new Cash ISA, whether through fresh deposits or by moving across an existing Cash ISA, will benefit from a fixed one percentage point uplift on the underlying variable rate for a year.
Using the rate recorded on 21 July 2026, this brings the combined figure to 4.87% AER (variable). As the underlying rate can move, the overall rate could increase or decrease over the 12 months.
The company said the updates bolster its UK ISA line-up, which offers three routes for clients to use their tax-free allowance: keeping money in cash, picking and running their own investments via the Stocks & Shares ISA, or opting for a professionally managed portfolio.
Each option runs on the Moneyfarm partner platform and is accessed via etoro.
Customers can also move an existing ISA over without eating into this year’s allowance, which stands at £20,000 for the 2026/27 tax year.
Founded in 2007, etoro aims to make trading and investing simple and transparent, and today counts 40 million registered users across 75 countries. The platform lets people hold both traditional and innovative assets, with the choice of trading directly, investing in a portfolio or copying other investors, all within a collaborative investment community built around shared knowledge.
etoro UK managing director Dan Moczulski said, “As new policy comes in, taking advantage of tax breaks is important. By removing dealing commission and the annual custody fee from our Stocks & Shares ISA, we are making it more cost-effective for clients to build and manage a tax-efficient portfolio, with more of their money left invested.”
Moczulski added, “People use their ISA allowance in different ways. Some want to earn a competitive return on cash, some are ready to invest, and others want a combination of both. By extending our boosted Cash ISA rate to both new deposits and transfers, alongside lowering the cost of investing through our Stocks & Shares ISA, we are giving clients greater flexibility to make that with etoro.”
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