eToro cuts the minimum deposit required to $ 50

eToro, an international Forex / CFD broker famous for social trading, announced a reduction of the minimum deposit to $ 50. Importantly, the changes apply only to selected countries from the published list.

Check it out: Review of the eToro trading platform

11 European countries with lower deposit

Until now, the minimum deposit required to open a real account was $ 200. Effective September 5, 2021, this limit was reduced to $ 50. New level of min. the payment applies only to 11 European countries. These are:

• Poland
• Romania
• Czech
• Greece
• Bulgaria
• Węgry
• Slovakia
• Slovenia
• Latvia
• Estonia
• Chorwacja

No information was given whether the changes are permanent or only temporary, but looking at how dynamically the eToro broker is developing, we can assume that the deposit starting from USD 50 will remain permanently. Only this year, the company announced that:

• is going to debut on the stock exchange (preliminary valuations amount to USD 10 billion),
• becomes the sponsor of the Aston Villa football club,
• has created a BitcoinWorldWide wallet as a response to the involvement of capital in the cryptocurrency market (including shares of companies related to the crypto market).

76% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you can afford the high risk of losing your money.

eToro is a multi-asset platform that offers both stock investing and CFD trading.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

Past performance is not indicative of future performance. The trading history shown is less than 5 full years and may not be sufficient as a basis for an investment decision.

Copy Trading is not synonymous with investment advice. The value of your investment may go up or down. Your capital is at risk.

eToro USA LLC does not offer CFDs and does not make any representations or be responsible for the accuracy or completeness of the content of this publication, which was prepared by our partner using publicly available information about eToro that is not specific to entities.