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eToro account types

Every account type eToro offers, with the minimum deposit and the terms, as recorded in the database.

Facts last checked . Read the full eToro review.

Accounts

Minimum deposit
$50
Account types
Retail, Professional, Corporate, Islamic, Demo
Account currencies
USD, AUD, GBP, EUR, DKK
Islamic account
Yes
Demo account
Yes, unlimited with $100,000 virtual funds
Professional account
Yes
Minimum trade size
$10
Time to open
Typically a few minutes

What this means

eToro runs 5 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: USD, AUD, GBP, EUR, DKK. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is $10. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Questions about eToro accounts

What account types does eToro offer?

eToro offers 5 account types: Retail, Professional, Corporate, Islamic, Demo.

What is the minimum deposit at eToro?

The minimum deposit at eToro is $50. It can differ by account type and by the entity you register with.

Which base currencies does eToro support?

eToro accounts can be held in USD, AUD, GBP, EUR, DKK. Holding the account in the currency you deposit avoids a conversion charge on every deposit and withdrawal.

Accounts at brokers under the same regulator

More about eToro