Here’s how you can deposit funds at eToro: a complete guide

Here’s how you can deposit funds at eToro

Updated

When you open an eToro account, you will have to deposit money into your trading account to be able to start trading. eToro clients have several deposit methods at their disposal to send funds to their retail investor account.

eToro USA LCC does not offer CFDs, only real Crypto assets available.

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eToro USA LLC; Investments are subject to market risk, including the possible loss of principal

Depositing funds at eToro is a simple process and comes free of charge as the broker does not charge a deposit fee. In other words, you will only have to pay the costs charged by the bank or any third-party you use to send the money.

How to deposit money at eToro: step-by-step guide

The eToro deposit process is quick and simple. Follow these steps to send funds to your eToro account:

Log in to your account
Click on “Deposit Funds”
Enter the amount and select the currency
Select your preferred deposit method (i.e. bank transfer, debit card, etc.
Review your transaction

The average transfer times for the different deposit methods are:

Wire transfer: 2-3 days
Credit / debit card and online wallets: instant or a few hours

When the transaction is completed, the broker usually sends an email to confirm the receipt of the deposit.

If you are a UK eToro Club member, you can open an eToro Money account, which comes with the following advantages:

instant withdrawal
zero USD-conversion-fee deposits
manage your crypto and funds in one place
eToro Money debit card issued for free with no setup costs or monthly fees
eToro Money app

eToro deposit methods

In addition to bank transfers (also called wire transfers), you can use your debit card, credit card or various electronic wallets to move money into your eToro trading account.

Credit Cards and PayPal are not available for deposits to the eToro balance of users under the FCA regulation.

Check out the following table to see all the deposit options, limits and currencies available at eToro:

eToro deposit methods
Method	Time	Currencies	Countries	Deposit limnit	Additional information
Bank transfer	4-7 days	USD, GBP, EUR	International	Unlimited	Quote the Transaction ID to prevent delays in crediting the funds. When possible, make sure you transfer funds to the bank account in the same currency as your own bank account (USD, EUR or GBP), to avoid unnecessary bank charges
Credit/debit card	Instant	USD, GBP, EUR and AUD	International	$40,000	Supported cards: Visa, MasterCrad, Electron, and Maestro. Transactions will appear on your statement as Etoro or www.etoro.com Transactions in the EEA may require authentication.
PayPal	Instant	USD, GBP, EUR and AUD	International	$10,000	PayPal is not available in a number of countries, including UK, US, Brazil, Argentina. Belgium
NETELLER	Instant	USD, GBP, EUR	International	$10,000	NETELLER is not available in a number of countries, including US, Turkey, Japan
SKRILL	Instant	USD, GBP, EUR	International	$10,000	Check skrill.com to see if service available in your location
RAPID TRANSFER	Instant	USD, GBP, EUR	EEA	$5,500	You don’t need to register with Rapid to make a deposit, but you will need to have access to your online banking to complete the transaction.
iDEAL	Instant	EUR	The Netherlands	$50,000	You don’t need to register with iDEAL to make a deposit, but you will need to have access to your online banking to complete the transaction.
Klarna / Sofort Banking	Instant	EUR	Germany, Austria, The Netherlands, Switzerland, Italy, Spain, Belgium, Finland, France and Poland.	$30,000	There is no need to register with Klarna/Sofort banking to make a deposit, but you will need to have access to your online banking to complete the transaction. Funds deposited using Klarna / Sofort Banking become withdrawable within 7 business days of deposit.
Online Banking – Trustly (EU region)	Instant	EUR, GBP, SEK, DKK, NOK, PLN, CZK	Austria, Belgium, the Czech Republic, Denmark, Estonia, Finland, Germany, Latvia, Lithuania, the Netherlands, Norway, Poland, Slovakia, Spain, Sweden and the United Kingdom	$40,000	There is no additional registration process for this payment option. You will be required to access your online banking account to complete the transaction. Funds deposited using Trustly become withdrawable within 7 business days of deposit.
POLi	Instant	AUD	Australia	$70,000	No additional registration process is needed for this payment option. You will be required to access your online banking account to complete the transaction.
Przelewy 24	Instant	PLN	Poland	$11,500	There is no additional registration process for this payment option. You will be required to access your online banking account to complete the transaction.

eToro deposit currencies

All eToro trading accounts are denominated in USD, meaning that the broker will hold your deposited money in this currency. This is a drawback, as you will need to pay a currency conversion fee if you deposit funds denominated in a different currency than the base currency of your account. In other words, you will need to pay a currency conversion fee for all fund transfers other than USD deposits.

A convenient way to save on the currency conversion fee can be to open a multi-currency bank account. At digital banks, the account opening only takes a few minutes after which you can upload your existing currency into your new account, exchange it in-app at great rates, then deposit it into your brokerage account for free or with a small cost.

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eToro USA LLC; Investments are subject to market risk, including the possible loss of principal

Risk disclaimer

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

Disclaimer: 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 minutes 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.

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