The eToro minimum deposit is $50 in most countries. But Uk and US customers have the privilege to deposit as low as $10.
The table below is the summary of recommended eToro minimum deposit for each currency.
|Currency||Recommended Minimum Deposit|
EToro Account Types
Let’s take a look at all the account types available when trading at eToro, keeping in mind that the eToro minimum deposit varies depending on the account type.
If you want to learn about forex trading, eToro offers a comprehensive demo account that can help you get started. Alternatively, you can open a free account on the eToro website.
There are only a few more steps to opening an eToro live account than there are to opening an eToro demo account. With the right guidance, you can open your account and start trading on your eToro live account in minutes.
If you are an Islamic trader, opening an eToro Islamic account is a unique area of great importance. In this case, you must open an account that complies with Shariah law regulations to the letter.
Because the charging of a swap fee is against Shariah Law, you can benefit from a completely swap-free account. This type of account at eToro requires a $1,000 minimum deposit and is only available upon request.
For your company’s trading account, this can open up a lot of possibilities. If you want to open an eToro corporate account, you’ll need to make sure you’ve followed all the steps.
To ensure you have the best possible access to your eToro corporate account, sign up using your company email. You can open an eToro corporate account in one of two ways.
Aside from that, you’ll need more documents to open a corporate account than a live account. Also, keep in mind that a corporate account requires a $10,000 minimum initial deposit.
eToro Professional Account
At eToro, professional accounts are available. You must meet some basic requirements to qualify as a professional trader for eToro in the EU. At least two of the following three requirements must be met:
- You must have completed at least 10 forex transactions with a total value of at least $500,000.
- You should have a financial portfolio worth more than $500.000. This value does not include your personal belongings.
- You’ll only see your account’s balance and open positions.
- You must have worked in the financial industry for at least one year.
eToro Deposit Methods
Depositing money into your eToro account is simple and quick thanks to a variety of payment methods. eToro accepts the following payment methods:
- Credit / Debit card (Visa, Mastercard)
- Wire Transfer
How To Deposit to eToro
It’s easy to put money into your account. You can choose from a variety of payment options. To make a successful deposit, simply choose your preferred method and follow the steps below:
- Please sign in to your account.
- Select “Deposit Funds” from the drop-down menu.
- Select the currency and enter the amount.
- Finally, pick a deposit method that you prefer.
eToro Withdrawal Methods
If you deposited money into your account using a credit card, the withdrawal will be made using the same credit card, even if you specify another payment method during the withdrawal process.
If you want to make a withdrawal to your PayPal account, you must first login to your PayPal account.
eToro Minimum Deposit Summary
When using various deposit methods such as credit cards or debit cards, the minimum amount you can deposit to your eToro account is $50. The sum is ideal and considerably less than that offered by other brokerages.
It is also the ideal amount if you are a beginner in this field. If you want to fund your eToro account with bank transfers, you’ll need to deposit $500.
As of 2021, eToro remains my top choice for social copy trading and crypto trading.