The minimum deposit for eToro varies based on your country of residence. In the majority of countries, the starting investment requires a minimum deposit of $50. However, for residents of the USA, the threshold is even lower at just $10.
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.
Understanding the basics of trading means knowing the initial amount you must deposit with your broker. This is termed the minimum deposit, and it's one of the first steps to take before trading with eToro.
Here's a quick guide to assist you in navigating this broker's initial deposit requirements and other related platform features.
You've probably searched online for eToro deposit requirements and found conflicting information. The table below offers a detailed breakdown of this broker's minimum initial deposit requirement by country. Use this to determine the minimum amount you can initially deposit into your eToro account.
|Country of Residence
|Australia, Austria, Cyprus, Denmark, Estonia, Finland, Germany, Greece, Guernsey, Hungary, Indonesia, Ireland, Latvia, Liechtenstein, Malaysia, Malta, Netherlands, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, Taiwan, Thailand, Vatican City, Vietnam
|Belgium, Czech Republic, France (French Guiana, Guadeloupe, Martinique, Mayotte), Italy, Luxembourg, Monaco, Poland, Romania, Slovakia, Slovenia, UK
|Other supported countries
|Cayman Islands, French Polynesia, Gibraltar, Isle Of Man, Jersey Island, Kuwait, New Zealand, Reunion Island
Remember to base it on the country where you currently reside. Also, please note that this information may change over time.
I was curious about this, so I attempted to deposit $10 into my eToro account. However, the platform rejected it, and a notification appeared stating that the minimum deposit is $50. The warning text was in red, ensuring that users wouldn't overlook this notification on the platform.
I remember the slight nervousness I felt when I made my first deposit using my debit card. Thankfully, the platform supports various methods, including PayPal, which I later found more convenient. While the platform didn’t charge me for the deposit, my bank did, a little lesson I learned along the way.
💸Opting for a bank transfer deposit in US dollars? Be aware that intermediary banks, often used for international transfers between banks from countries without direct financial ties, might charge a fee. This fee isn't from eToro or your bank and can be sidestepped by withdrawing in a non-USD currency.
In my initial days, I tried to deposit just the minimum requirement. I quickly realized that I was missing out on some of the platform's features and some trading opportunities as well.
Over time, I've learned that sometimes, depositing a bit more than the minimum can have its perks. Whether it's better leverage, or getting invited to exclusive webinars, there's a lot to explore.
Here's the deal: eToro's varying minimum deposit requirements across countries stem from a mix of regulatory stipulations and risk management strategies.
You see, different regulatory bodies set distinct capital benchmarks for brokers to ensure both financial stability and the protection of clients. Thus, in regions with stringent regulations, eToro might necessitate higher capital reserves, translating to elevated minimum deposits.
Additionally, in countries where eToro offers increased leverage, they adjust the minimum deposits upwards. This is to counterbalance the heightened risks that come with leveraged trading, where potential gains are sizable, but so are potential losses.
Since I've been trading woth eToro for years now, I've observed that they modify their minimum deposit requirements occasionally, roughly every few months. Such adjustments typically arise when there's a surge in demand from new users. To maintain seamless service for existing users and manage this influx, they temporarily increase the minimum deposit for newcomers.
The minimum deposit, though only a single aspect of the experience, signifies your entry into the vast realm of eToro's trading platform. It's not just a monetary figure but a starting point. In summary, for those considering opening an account with eToro, the initial deposit can vary, typically ranging from $10 to $200, with $50 being a common amount, based on your country of residence.
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.