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What is the minimum deposit on eToro?
In this guide
- 1. What is the minimum deposit on eToro?
- 2. What is the minimum deposit for eToro?
- 3. What currencies can I use to make my minimum deposit on eToro?
- 4. How much does it cost to make a minimum deposit on eToro?
- 5. What payment methods can I use to make my minimum deposit on eToro?
- 6. What is eToro’s minimum deposit like compared to other brokers?
In our comprehensive eToro review, we explain how you can add funds to your trading account. On this page, we explore the minimum deposit amount for eToro, explain how it changes by region, and investigate if any fees are involved.
What is the minimum deposit for eToro?
In most cases, the minimum deposit on eToro is either $50 or $200. However, certain countries can be as low as $10 or as high as $10,000. eToro’s minimum deposit requirements are grouped into first-time deposits and redeposits.
The first time you add funds to your account, the minimum you can deposit may differ from the minimum required for the following deposits. Below you will find a list with the minimum first-time deposit amounts by region.
- £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
After making your first deposit into your eToro account, there is a minimum deposit of $50 ($10 in the UK and USA) for all redeposits. For most users, minimum deposit amounts will remain the same same.
If you live in a country where the first-time minimum is $200 or higher, it will drop to $50 for all subsequent deposits. If you deposit via a bank transfer, the minimum amount will be $200, regardless of whether it’s your first or following deposit.
What currencies can I use to make my minimum deposit on eToro?
The eToro trading platform operates in USD, but it is still possible to deposit funds using various currencies. When making your minimum deposit on eToro, you can use any of the following supported currencies: EUR, GBP, AUD, RMB, THB, IDR, MYR, VND, PHP, SEK, DKK, NOK, PLN, CZK.
How much does it cost to make a minimum deposit on eToro?
When you deposit funds into your eToro account, you will not be charged any fees by the platform. Although, as mentioned in the section above, it is possible to deposit funds using a range of currencies. If you choose to make your minimum deposit in eToro using a currency that is not USD, you will be charged a currency conversion fee.
The amount you will be charged for conversion will vary depending on your payment method, currency, and eToro club level. It is possible to make your minimum deposit using a currency not supported by the broker, although your payment provider will likely charge you a conversion fee.
What payment methods can I use to make my minimum deposit on eToro?
When making your deposit into your eToro account, many payment options are available. Once you learn how to deposit funds on eToro, you can use any of the following payment providers if available in your country.
- 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 the UK
- POLI – Australia
- Przelewy 24 – Poland
Payment providers have their own rules, and some may charge fees for using their services, so you should check out the terms and conditions before using a third-party payment application.
What is eToro’s minimum deposit like compared to other brokers?
Compared to other brokerage platforms that offer a similar service, eToro’s minimum deposit requirement is competitive. If you are located in the United Kingdom or the United States, its £/$10 minimum is much lower than other brokers like IC Markets who require $200.
However, if you’re located in any other country where eToro’s minimum deposit starts at $50, it’s higher than the likes of Capital.com. eToro’s minimum deposit requirements are broadly on par or slightly lower than its competitors, making it a good option for traders not wanting to put large amounts of money into their trading accounts.
