All Share (J203) = 89 898
Rand / Dollar = 18.28
Rand / Pound = 23.70
Rand / Euro = 19.73
Gold (usd/oz) = 3 054.94
Platinum (usd/oz) = 986.78
Brent (usd/barrel) = 73.20
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

eToro Minimum Deposit

Etoro Minimum Deposit
 

The eToro minimum deposit amount to open a real trading account is $50, which is equivalent to R800 ZAR.  The Minimum Deposit for 1st-time traders might vary based on the trading account type selected. Deposit activation can be up to 72 hours.

 

🔍 AccountRetail Account Professional Account
💵 Minimum Deposit (USD/$)$200$500 000
💳 Minimum Deposit (ZAR/R)R3 200 ZAR R8 000 000
📒 Open an Account👉 Click Here👉 Click Here

 

Min Deposit

USD 50 in *certain countries 

Regulators

FCA, ASIC, CySEC

Trading Platform

Proprietary WebTrader

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

* Etoro has lowered the amount of the minimum FTD to $ 50 for the following countries: Germany, Austria, Netherlands, Norway, UK, Ireland, Spain, Italy, Sweden, Switzerland.

 

eToro Minimum Deposit Revealed – A Key 7-Point Overview

  1. eToro’s Minimum Deposit
  2. ✅eToro’s Deposit fees and deposit methods
  3. ✅eToro’s Step by step guide to depositing the minimum amount
  4. eToro at a glance
  5. eToro Minimum Deposit Pros and Cons
  6. Conclusion
  7. Frequently Asked Questions

 

👉 Here is our overview of the eToro Minimum deposit as well as the pros and cons as well as features that are offered to traders.

 

eToro’s Minimum Deposit

 

eToro Minimum Deposit

 

💰 eToro has a minimum deposit requirement of only $ 50. This minimum deposit amount was equivalent to ZAR 800 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

👉 eToro’s authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.

 

👉 Funding an eToro account is made quick and simple thanks to the various payment methods to choose from. The minimum first-time deposit depends on the regulations of the country or region in which you reside, and the minimum first-time deposit can vary between 50 USD/ 800 ZAR and 10 000 USD/ 160 000 ZAR.

 

👉 If you are registering a corporate account, it will require a minimum first-time deposit of 10 000 USD which is equivalent to 160 000 ZAR. eToro reserves the right to change any deposit limitations at any time.

 

👉 All the eToro trading accounts use USD currency and if you make deposits using a different currency it will be converted at the current market rate and you will be subjected to a conversion fee.

 

eToro’s deposit fees and deposit methods

 

👉 Compared to other brokers, the minimum deposit amount that eToro requires when traders register a live account is low.

 

🌍 Country💰 Minimum Deposit
United Kingdom, United States$10 / 160 ZAR
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, Vietnam$50 / 800 ZAR
All other eligible countries$200 / 3 200 ZAR
Cayman Islands, Costa Rica, Dominican Republic, French Polynesia, Gibraltar, Iceland, Isle Of Man, Jersey Island, Kuwait, Lithuania, Reunion Island$1,000 / 16 000 ZAR
Israel
$10,000 / 160 000 ZAR

 

👉 eToro offers traders various payment or deposit methods which can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account. eToro accepts the following payment methods:

 

💳 Credit Card (Visa, MasterCard, Diners Club, Maestro)

💳 PayPal

💳 Neteller

💳 Skrill

 

👉 eToro does not levy additional fees, and third-party charges may be applicable. Processing times for deposits are promised to be fast – within 24 hours. Only USD is accepted as a deposit currency. Traders must ensure that they verify whether their financial institution charges its own fees.

 

eToro’s Step by step guide to depositing the minimum amount

 

👉 Traders can fund their accounts by sending the funds to one of the eToro segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.

 

👉 Traders then log into their personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must make sure that they select the correct deposit currency if there is a choice available.

 

Process:

 

👉 Step 1: Locate eToro Homepage

 

on the eToro homepage, locate the “log in” tab to sign in to your account.

 

eToro Minimum Deposit

 

👉 Step 2: Fill in your eToro log-in details

 

fill out your username or email and password to access your eToro trading dashboard.

 

eToro Minimum Deposit

 

👉 Step 3: Locate the “deposit funds” tab on the eToro dashboard

 

on the left-hand side of the eToro dashboard click “deposit funds”

 

eToro Minimum Deposit

 

👉 Step 3: Fill out eToro Account details

 

fill out the amount you want to deposit, the currency, card number, CVV, and first and last name to complete the transaction for an eToro deposit.

 

eToro Minimum Deposit

 

👉 Funds must be transferred in the same currency as the bank account to which they are sending it, preventing currency conversion fees from being charged.

 

eToro at a glance

 

Broker's NameeToro
📍 HeadquarteredLimassol, Cyprus
📅 Year Founded2006
⚖️ Regulating AuthoritiesFCA, ASIC, CySEC
📃 License number:109/10
🌐 Countries not accepted for tradeAfghanistan, Albania, Bahamas, Barbados, Belarus, Bosnia and Herzegovina, Botswana, Brunei, Burundi, Cambodia, Canada, Chad, Congo Republic, Crimea Region, Cuba, the Democratic Republic of the Congo, Ethiopia, Fiji, Ghana, Guinea, Guinea-Bissau, Guyana, Iran, Iraq, Jamaica, Japan, Laos, Libya, Mali, Mauritius, Mongolia, Montenegro, Myanmar, Namibia, Nicaragua, North Korea, North Macedonia, Pakistan, Palau, Samoa, Serbia, Somalia, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Turkey, Uganda, Vanuatu, Yemen, Zimbabwe.
📒 Account TypesRetail
Professional
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsNo
📊 Managed AccountsYes
📈 Maximum Leverage20:1
💰 Minimum Deposit50 USD/ 800 ZAR
💳 Deposit OptionsCredit Card (Visa, MasterCard, Diners Club, Maestro), PayPal, Neteller, and Skrill.
💳 Withdrawal OptionsCredit Card (Visa, MasterCard, Diners Club, Maestro), PayPal, Neteller, and Skrill.
💻 Platform TypesProprietary WebTrader
📈 Tradable assets offeredCommodities, Crypto assets, Currencies, Indices, and ETFs.
📱 OS CompatibilityDesktop platform (Windows), Desktop platform (Mac), Web platform
Mobile trading: Android, iOS
👨‍💼 Languages supported on WebsiteEnglish, Spanish, Italian, Dutch, Russian, Chinese, French, Arabic, Chinese traditional, Polish, German, Norwegian, Portuguese, Swedish, Czech, Malay, Danish, Romanian, Vietnamese, Thai, and Finnish
👥 Customer Support LanguagesEnglish, Spanish, Italian, Dutch, Russian, Chinese, French, Arabic, Chinese traditional, Polish, German, Norwegian, Portuguese, Swedish, Czech, Malay, Danish, Romanian, Vietnamese, Thai, and Finnish
📆 Customer Service Hours24 hours, five days per week.
📌Open an Account👉Click Here

 

Min Deposit

USD 50 in *certain countries 

Regulators

FCA, ASIC, CySEC

Trading Platform

Proprietary WebTrader

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

* Etoro has lowered the amount of the minimum FTD to $ 50 for the following countries: Germany, Austria, Netherlands, Norway, UK, Ireland, Spain, Italy, Sweden, Switzerland.

 

eToro Minimum Deposit Pros and Cons

 

✔️ Pros❌ Cons
Free stock and ETF trading in the EUHigh forex fees
Low CFD feesOnly one account base currency used
Low minimum depositThere is a withdrawal fee of $5
No deposit feeWithdrawing money is slow and expensive
Several payment methods

 

You might also like: eToro Review

You might also like: eToro Account Types Overview

You might also like: eToro Demo Account – Step by Step

You might also like: eToro Fees and Spreads

You might also like: eToro Sign up Bonus

You might also like: eToro Islamic Account 

 

Conclusion

 

eToro exists as a social trading brokerage firm that places its focus on the provision of Copy-trading services and takes pride in being the world’s best social trading platform in the way it offers investment opportunities in both stocks and digital currencies (cryptocurrencies).

 

Currently, eToro focuses on the provision of social and copy trading services to its more than 10 000 000 platforms distributed across the world. With its unique platform, account owners can mimic the trading strategies of successful clients automatically and in real-time. It also provides multiple other tools to help with actual trading, such as an economic calendar. The Minimum Deposit for 1st-time traders might vary based on the trading account type selected. Deposit activation can be up to 72 hours.

 

Frequently Asked Questions

 

Does eToro have a minimum deposit?

 

Yes, read about eToro minimum deposit here

 

What is the minimum deposit required to open an account with eToro?

 

$ 50.

 

How do you make a deposit and withdraw money with eToro?eToro offers the following deposit and withdrawal methods:

 

  • Credit Card (Visa, MasterCard, Diners Club, Maestro)
  • PayPal
  • Neteller
  • Skrill

Does eToro charge withdrawal fees?

 

Yes.

 

How long does it take to make a withdrawal?

 

Your withdrawal requests can take up to a single business day to process, providing all the necessary information is available.

 

* Etoro has lowered the amount of the minimum FTD to $ 50 for the following countries: Germany, Austria, Netherlands, Norway, UK, Ireland, Spain, Italy, Sweden, Switzerland.

4.6/5 - (28 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 14, 2021

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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