Yes, you can use PayPal with eToro. Upon completing the necessary account verification, you can select this as a payment method for deposits. However, it's important to note that PayPal's availability as a payment option and the minimum deposit amount may vary depending on your country.
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.
In the world of online trading, the convenience of deposit methods is a crucial factor for many traders. As someone who juggles multiple accounts across various platforms, each with its own set of payment methods, I've always found PayPal to be one of the most reliable and user-friendly options. This preference led me to explore whether eToro, supports PayPal. Here, I share the results of my exploration.
Upon registering with this broker, I learned that completing account verification was a prerequisite for making any deposits. Eager to fund my trading account, I promptly proceeded with the verification process.
To my relief, the process was neither lengthy nor complicated, taking approximately 15 minutes to complete. The following day, I received a notification confirming that my account was fully verified.
With anticipation, I accessed the eToro app, logged in, and clicked on the "Deposit Funds" button. A pop-up window emerged, displaying a list of available payment methods. To my delight, PayPal was included. From the UK, where I reside, the minimum deposit is $50 – though it's worth noting that this amount may vary depending on your country.
I selected PayPal and entered the minimum deposit amount. The platform then redirected me to log in to my PayPal account to authorize the transaction. After logging in and confirming the payment, the funds were seamlessly transferred to my trading account.
This experience with eToro and PayPal was a smooth and efficient process, aligning well with my preference for hassle-free transactions. For those considering this broker, it's advisable to check both the availability of this particular payment method in your country and the specific minimum deposit requirements.
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.
76% of retail investor accounts lose money
