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eToro Minimum Deposit

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Gyula L.
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Does eToro have a minimum deposit requirement as of March 2024?

Reading time: 3 minutes

It's great that you are looking for deposit options at eToro to take charge of your finances. We would encourage you to carry on! Your future self will be grateful to you.

There are several ways to start your journey, let's walk through the options together!

To give you a brief summary: eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK's FCA and Australia's ASIC. eToro USA LLC does not offer CFDs, only real crypto assets are available.

My key findings in a nutshell
Gyula
Gyula Lencsés, CFA
Master of Broker Brilliance | Forex • Derivatives • Market Analysis

I've thoroughly tested eToro services with our analyst team by opening a real-money account and these are my most important findings:

  • The minimum deposit at eToro is $10
  • eToro charges $0 for deposits
  • You can only deposit funds from accounts that are in your name
  • Visit eToro's page to start the process
  • eToro is a reliable broker regulated by at least one top-tier regulator

First, let's see if eToro is available in your country?

Yes, you can open an account at eToro if you live in the United States!
the United States

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

Disclaimer: 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.

BrokerChooser score
4.8 4.8 /5
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eToro USA LLC; Investments are subject to market risk, including the possible loss of principal

Is eToro safe?

To trust your money with a broker, you need to be sure that the broker is considered reliable. BrokerChooser only recommends regulated brokers, meaning the broker's operations are overseen by a trusted body.

eToro can be considered a legit broker, as it is overseen by at least one top-tier regulator, which is a great sign for reliability.

For you, this means that your money is in good hands and you will be able to access your funds.

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

What is the minimum deposit at eToro?

At eToro, the minimum deposit amount is $10.

This means that you have to deposit at least $10 to be able to start trading.

After you have completed the registration and verification process, you need to fund your account to start trading.

This is where you stand in your journey to your first trade at eToro

Here's tip: don't worry if you decide to switch brokers after depositing. You can always opt out and withdraw your funds.

Pay attention to the inactivity fee though. At eToro, there is an inactivity fee, with the following conditions: $10 per month after one year inactivity. eToro defines inactivity as not logging into your account..

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

What base currencies are available at eToro?

At eToro, the only available currency is USD. Try to deposit money to your brokerage account in USD, otherwise you will be charged a conversion fee.

To avoid high conversion fees, consider opening a multi-currency account at a digital bank.

What deposit methods are available at eToro?

At eToro, you have multiple options to choose from when you want to deposit money to your account. These options are the following: Bank transfer, Credit/debit cards, eToro Money, Neteller, Skrill, Trustly, iDEAL, Przelewy 24, RapidTransfer, Klarna, Giropay.

All these options are great, choose the most convenient one for you to be able to start trading. And remember, you can only deposit funds from accounts that are in your name.

There is also a difference in average transfer time for different deposit methods. While credit/debit card and e-wallet transfers are usually instant, bank transfers may take 2-3 business days to arrive.

Deposit options eToro
Bank transfer Yes
Credit/Debit card Yes
Electronic wallet Yes

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

BrokerChooser score
4.8 4.8 /5
Visit broker
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal

Is there any deposit fee at eToro?

The answer is no. No deposit fees will be applied at eToro.

This is great because the broker won't deduct anything from your deposits, and you only have to calculate with the costs charged by the bank, or other third-party financial service you send the money with.

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

How to deposit money to eToro account?

Here's a step-by-step guide:

  • Log in to eToro's client area
  • Look for 'Deposit' or 'Funding menu'
  • Choose your funding method
  • Provide the necessary details for the transaction
  • Check if the payment details are correct
  • If you are OK with it, you are ready to proceed
The interface to send the minimum deposit to eToro

If you get stuck during the process, you can always reach out to eToro's customer support. At eToro, customer support can be reached via live chat and email.

Wrap-up

It is awesome that you have read through this article! We know that depositing can be frustrating, but you are on the right track, and it is okay to ask for help if you are unsure about something.

If you are stuck somewhere, have a question, or a suggestion, please drop a message on our Forum.

Risk disclaimer

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

Disclaimer: 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.

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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Further reading

Author of this article

Gyula Lencsés, CFA
Gyula Lencsés, CFA

Gyula is a former analyst expert and Head of Content at BrokerChooser. With over a decade in finance, he led content creation at BrokerChooser and personally evaluated some of our 100+ listed brokers. He opened real-money accounts, executed transactions, and engaged with customer services, offering firsthand assessments. Prior to BrokerChooser, he managed mutual funds in wealth management, trading stocks, ETFs, bonds, commodities, forex, and derivatives. His goal: simplify the hunt for top brokers in a dynamic investment landscape.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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