eToro's Official Minimum Deposit Amount
eToro's minimum deposit amount is USD 200.
Has eToro's Minimum Deposit Changed?
eToro has been gaining a massive amount of users in the last years and is the leading social trading platform. During 2020, the broker kept the minimum deposit at USD 200 to encourage new users to register and deposit. The focus shifted at the beginning of January 2021 due to a high influx of new users, which comes at the fast-paced registration expense. Consequently, eToro raised the minimum deposit to USD1000 to provide quality service to the already registered users. It was then lowered to the previous minimum amount of USD 200. In February 2021, it was raised to USD 1000 and then in late February dropped again in some particular geographies.
eToro's official Twitter account posted: "eToro has seen an unprecedented demand for our services from new users. To manage demand & ensure our existing community of 17M registered users can continue to access our services uninterrupted".
eToro's Depositing Methods
Bank Transfer: At eToro's Trading platform, select Bank Transfer as the payment method and click ‘Continue’. The bank transfer details will appear on the screen and be sent to you by email. Do not use any banking details obtained from the Internet, since they might have changed.
Credit Cards: eToro accepts credit and debit payments from the following cards: Visa, Mastercard, Diners Club, Maestro.
E-wallet (PayPal, Skrill, Neteller): After entering the Deposit Funds screen, simply click on your preferred method of payment, then enter the amount you wish to deposit, click on “Continue” and you will be redirected to a new page so you may log into your e-wallet account.
Sofort (Klarna): Depositing with Sofort is available to our users in Austria, Belgium, Germany, Hungary, Italy, the Netherlands, Poland, Slovakia, Spain, and Switzerland.
Bottomline on eToro's Minimum Deposit
Officially, eToro's minimum deposit is USD 200 for both new accounts and additional deposits. However, as detailed previously, they change it regularly when they need to decrease the new client's influx.
Suppose you would like to trade with eToro as a new client and deposit the minimum, but the amount that you should deposit is circumstantially higher than the regular amount. In that case, you should register anyway, and then the broker will let you know once it goes back to normal.
