Deposit at eToro

eToro, with more than 2.75 million members in over 140 countries, has become a pioneer in the field of financial trading. Founded in 2007, the company has already made its way in high profile markets and worldwide trading communities. The easy to use interface and intuitive navigation has made it a preference of many greenhorn investors. The company is popular for its unique trading features that are offered by none other in the same industry. eToro has a reputation for launching innovative trading tools and guides at very frequent intervals. From the time of its inception up till the present, eToro has come up with numerous trading features with Copytrader, First Copy.me and Social Guru Program as its most popular inventions. Not only this, it also has the advantage of launching the world’s first social investment network by the name of eToro OpenBook.

QUICK REVIEW

  • Established: 2007
  • Head Office: British Virgin Islands
  • Minimum Deposit: $50
  • Maximum Deposit: $50,000
  • Markets: Stocks, Forex, Commodities and Indices
  • Website: www.etoro.com

Customer Support

The expert and efficient customer support of eToro is another factor that sets it apart from others in the trading industry. The company has always been proud of its 24/7 available customer care team offering assistance in more than 15 languages. The comprehensive guided tutorials, live chat, telephonic training and real account feature have been an attracting force for the new traders. Moreover, it has a team of veterans from the Forex and financial trading industry that provide daily updates, technical analyses and financial forecasts to its existing members. Contact them for any of your trading related queries and you will never be disappointed.

How to deposit?

Depositing funds has never been this easy. Here is the simple step by step process of depositing money in your trading account.

  1. Register your Webtrader account.
  2. Click ‘Trade for Real’ option and use your account ID and password to login.
  3. Hit the ‘Account Balance’ icon on the bottom left hand side of your screen.
  4. Click on ‘Deposit’
  5. Select your preferred method and enter the amount you wish to deposit.

Methods of Deposit

The options available for depositing money are one of the main factors that affect the choice of every trader. They prefer to trade via companies that offer maximum means for depositing funds. Here we have listed all methods provided by eToro along with a brief guide on their depositing process.

Credit Card

This is the most quick and easy method to transfer funds in your traders account. Select this option, fill in the amount and hit enter. Your funds will be deposited within a couple of minutes.

Wire Transfer

Select the currency and enter the amount you wish to transfer. You will be given a transaction reference number along with some details regarding the transfer and the Forex regulations. State the reference number in the bank transfer form to complete the transaction.

PayPal/ Skrill/MoneyBookers/WebMoney

There is more or less the same procedure for depositing money via any of these four methods. Click your preferred method and enter the amount. You will be redirected to that intermediary’s website. Login your account, validate the details and make the transaction.

Western Union

Visit your nearest Western Union office and fill in the transfer form. Your Western Union Agent will guide you with the complete procedure. Just remember this method may take up to 7 days for transferring the funds.

MoneyGram

Same is the process of MoneyGram. Hit the icon ‘Find MoneyGram Agent’ and it will locate the nearest MoneyGram office for you. Visit the place, contact the agent, show the transaction reference number and they will help you out with the rest of the procedure.

Neteller / 1-Pay

Here you need to fill in a form using your Neteller ID and account number. You will find this form by clicking ‘Neteller’ in the deposit options.

Instant Transfer/GiroPay

It follows the mechanism of wire transfers. However, you need to have your own account, customer ID, branch code, personal identification and transaction authorization code to make the transaction.
In all the above methods, you will be notified via email in case the transaction is not processed on time due to any reason.

Minimum Deposit

The minimum amount required to start your account at eToro depends upon the transfer method.

    Credit Card: $50
    Wire Transfer: $500
    PayPal/Skrill/Webmoney: $50
    Western Union/MoneyGram: $500
    Neteller/1-Pay: $50
    GiroPay: $50

eToro does not only offer a web based trading platform, but it is a diverse online trading community. Whether you are a newbie or an old player of this industry, eToro is the perfect trading partner for you. If you need help with funding your account we suggest to take a look at the eToro FAQs and if you’re a US trader you should look at this page.