How to deposit funds on eToro

By:

Prash Raval

Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he… read more.

Updated: Mar 23, 2023

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After you’ve created your eToro account, you will need to fund it if you want to start trading or investing. This beginner’s guide will help you learn how to deposit money into your eToro account and answer a few common deposit-related questions. 

How to deposit on eToro. A step-by-step guide 

Adding money to your eToro account is an easy process that takes just a few minutes. There are lots of payment methods available and your deposit will be processed immediately in most cases. The guide below explains the steps you need to follow to deposit money into your eToro account. 

1. Log into your eToro account
2. Click the blue ‘deposit funds’ button
3. Enter your deposit amount and select the currency
4. Choose your deposit method (i.e. debit card, bank transfer, PayPal etc.)
5. Review your details and click deposit

Your deposit will be processed immediately and the money will be in your trading account instantly. However, in some cases, transfer times can take longer depending on the method you use to deposit. 

What is the minimum deposit on eToro? 

On eToro, the minimum deposit amount varies depending on where you reside. It can be as low as £10 and as high as $10,000. The list below shows the minimum deposit amounts by location.

• £10 / $10 – United Kingdom, United States
• $50 – Australia, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Guernsey, Hungary, Indonesia, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malaysia, Malta, Monaco, Netherlands, Norway, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Taiwan, Thailand, United Arab Emirates, Vatican City, and Vietnam
• $200 – All other regions
• $1000 – Cayman Islands, French Polynesia, Gibraltar, Iceland, Isle Of Man, Jersey Island, Kuwait, Lithuania, and Reunion Island
• $10,000 – Israel

How to check eToro deposit history 

You can check your deposit history in your eToro account by visiting your account statement. Here you can view all transactions related to your account, including opened and closed trades, fees, dividends, withdrawals, and deposits. The guide below explains how you can check your eToro deposit history. 

1. Log into your account
2. Visit the settings tab
3. Click the accounts tab and click account statement
4. Choose the date period you want to view your history for
5. Click create and navigate to the account activity section where you can view your deposits

Can I receive a deposit bonus on eToro?

Yes, eToro does offer a bonus when making a deposit. However, it is limited to certain locations and can change. Bonus’ are incentives offered by eToro to attract new customers and are not guaranteed. Every location will differ in what is available and generally, most bonuses tend to be targeted at US-based users. 

It is sometimes possible to receive bonus funds up to $50 when depositing $100 if you are from the United States. eToro also sometimes offers a referral bonus to users in the USA. With all bonus promotions, it is important to check the relevant terms and conditions as most come with stipulations that require a certain amount of trading activity before the bonus can be withdrawn. 

What deposit methods are available on eToro?

eToro has a variety of deposit methods available, including debit/credit cards, bank transfers, and numerous payment apps. It is free to deposit funds into your eToro account using any method, however, each has its own rules and limits. The table below includes all the deposit methods available on eToro and relevant information.

• eToro Money – UK
• Credit/Debit – International
• PayPal – International
• Neteller – International
• Skrill – International
• Rapid – EEA
• iDeal – Netherlands
• Klarna – Germany, Austria, The Netherlands, Switzerland, Italy, Spain, Belgium, Finland, France, and Poland
• Bank Transfer – International
• Trustly – Austria, Belgium, the Czech Republic, Denmark, Estonia, Finland, Germany, Latvia, Lithuania, the Netherlands, Norway, Poland, Slovakia, Spain, Sweden, and UK
• POLI – Australia
• Przelewy 24 – Poland

How much does it cost to deposit on eToro?

When you deposit into your eToro account, you will not be charged a fee by the broker. However, the platform operates in USD so you may have a conversion fee if you deposit in another currency. There are other eToro fees that you should consider, although they do not apply to deposits. 

Should I deposit funds on eToro and use the platform?

Depositing funds into eToro is quick and easy, and you have many payment options available, making it a good choice compared to other brokerage platforms. eToro has the most common payment methods available such as debit and credit cards, and also includes a wide range of payment options, many of which are suitable for specific countries. 

Its wide selection of payment methods makes it a top choice for users worldwide, as it’s easy to find a way to deposit that suits you. The platform is one of the best for beginners, so if you’re new to investing or trading, using eToro is a good idea. Its features include social and copy trading and thousands of tradeable assets.