Can I Deposit USD into eToro?

Written by Nick Zelver

Reviewed by Mike Druttman

Yes, you can deposit U.S. dollars (USD) into your eToro account. This broker supports deposits in multiple currencies, including USD, which makes it convenient to fund your account without the need for currency conversion.

To deposit USD into your eToro account, follow these steps:

1. Log in to your eToro account: Access your account using your credentials.
2. Click on "Deposit Funds": This option is located at the bottom left of the screen.
3. Enter the deposit amount: Specify the amount you wish to deposit.
4. Select USD as your currency: Choose USD from the list of available currencies.
5. Choose your payment method: eToro offers various payment options, including bank transfers, credit/debit cards, and electronic wallets.
6. Complete the transaction: Follow the on-screen instructions to finalize your deposit.

Depositing in USD can help you avoid currency conversion fees and potential exchange rate fluctuations, especially if you plan to trade assets priced in USD.

But before making a deposit...

I highly recommend checking eToro's official website or contacting their customer support for the most current information on supported currencies and payment methods, as these can change over time. They might have some new developments or features that you can take advantage of in relation to making deposits so a few clicks and checks certainly wouldn't be a hassle.

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. 51% 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.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

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

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.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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 hasbeen prepared by our partner utilizing publicly available non-entity specific information about eToro.