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Wikitoro author Mike Druttman Written by Mike Druttman
Wikitoro fact checker Wikitoro Team Fact checked by Wikitoro Team
Updated Feb, 2024

If you are a UK resident, the minimum initial deposit required for your eToro account is $100. After making your first deposit, any subsequent deposits have a lower minimum requirement of only $10. This allows for easier and more flexible funding of your eToro account after the initial deposit.

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76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

 

 

If you're considering trading on eToro and are based in the UK, one of the first steps you'll need to take is depositing funds into your account. A common query among UK traders is about the minimum deposit amount required.

To provide clarity on this matter, I'll share my personal experiences with making deposits into my eToro account, which should be particularly relevant given that I am a UK resident.

 

The First Deposit Experience

Upon opening and verifying my eToro account, I encountered my first opportunity to make a deposit. Initially, I was under the impression that the minimum deposit was just $10.

However, when I attempted to deposit this amount, the deposit dialog displayed a message in red: "Minimum deposit amount is $100". Following this instruction, I deposited $100 using my credit card, which was successfully accepted.

 

The Succeeding Deposits

A few days later, after utilizing my initial funds to invest in various assets, I decided to make another deposit. This time, to my surprise, the platform accepted a deposit of just $20.

Curious about this change, I reached out to their customer support through the live chat feature. They informed me that while the first deposit requires a minimum of $100, subsequent deposits can be as low as $10.

This flexibility in deposit amounts is quite advantageous, as it allows traders to add smaller amounts to their capital as they see fit. This feature can be particularly useful for managing investment risks and for those who prefer to incrementally increase their investment over time.

 

Some Key Takeaways

  • Initial Deposit Requirement: For eToro UK residents, the first deposit must be a minimum of $100.
  • Subsequent Deposits: After the initial deposit, traders can deposit lower amounts, with the minimum being as low as $10.
  • Flexibility: This deposit structure offers flexibility, allowing traders to add to their capital in smaller increments.
  • Personal Experience: As a UK resident, my experience with the platform's deposit requirements aligns with these guidelines, confirming the their policies.

Understanding the deposit requirements on this broker is crucial for UK traders. The platform's approach, which allows for lower deposits after the initial transaction, provides flexibility especially if you're the kind of trader who's looking to manage your investments effectively.

 

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs 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.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Wikitoro author Mike Druttman About Mike Druttman

Mike Druttman, Head of Content at Wikitoro.org, has decades of expertise in marketing communications and business matching. Educated at the CAM Foundation and the Chartered Institute of Marketing, Mike has collaborated with businesses from the UK to Japan. He founded KEYZUNA, bridging Japanese businesses with global innovations. With a diverse background spanning high-tech to hospitality, Mike's articles at Wikitoro reflect his vast knowledge and unique perspective.

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76% of retail investor accounts lose money