eToro Minimum Deposit Decreased 2018 | More Changes
eToro is one of the most prominent copy trading websites in the world, connecting tens of thousands of traders with investors. Copy Trading is similar to an investment fund, where a professional trader manages the operations and decides where to invest while the investor trusts he will make the right decisions.
Attention future eToro investors the minimum deposit has been decreased. One of the biggest platforms in Social trading has lowered the minimum amount of capital needed to open a new account. This article will tell you why and how the minimum deposit has changed.
Why the Minimum Deposit Amount Changed
eToro has been gaining a massive amount of users in 2017 and has become one of the leading social trading platforms in the world. In recent times the minimum deposit was kept low to encourage the growth of new users. The focus shifted in early 2018 because with more users comes more expenses to maintain and continue improving the platform. Thus, the minimum deposit had been raised to be able to keep providing quality service to the users that are already registered. However, now eToro did not like the impact increasing the minimum deposit had and has reverted from a minimum deposit of $1,000 to $200. eToro minimum deposit only 200$.
How the Minimum Deposit Changed
eToro has decided to lower the eToro minimum deposit to $200 after realizing that $1,000 was too much in January. This is not new, with the platform raising the minimum from $50 to $200 and now recently going from $1,000 back to $200 in 2018. This means that the barrier to entry for customers struggling with capital has been decreased significantly.
Investing the minimum isn’t the best
Many times playing it safe with a small initial deposit can be the most dangerous thing to do. Diversification is a critical principle in investing and to diversify properly a certain amount of capital is necessary. Clearly, $50 is not a sufficient amount of money to limit risk and leads to many investors losing it all. A higher capital of $500 results in better diversification and a greater responsibility by the investor. In turn, lowering the minimum deposit can help many low capital investors, but if you have more capital available, that is better.
Start for Free
Don’t let lack of capital stop you from practicing and gaining valuable investing experience. With eToro’s Demo Account you can use all the features on the platform and begin with $100,000 of paper money now. eToro minimum deposit only 200$.
If capital is not an issue and you want to start investing with real money, click here, and begin investing in minutes!
If you need more information do not hesitate to contact us, it will be a pleasure to assist you.
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