Minimum Deposit eToro 2018 – Changes have been made
Attention future eToro investors, the minimum deposit eToro has been increased. One of the biggest platforms in Social trading has started 2018 by raising 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 eToro was kept low to encourage the growth of new users. The focus has shifted because with more users comes more expenses to maintain and continue improving the platform. Thus, the minimum deposit has been raised to be able to keep providing quality service to the users that are already registered.
How the Minimum Deposit Changed
eToro has decided to raise the minimum deposit in order to improve the quality of service offered to its clients. This is not new, with the platform raising the minimum from $50 to $200 and now recently increasing to $500 in 2018. This may seem like a staggering barrier to entry for customers struggling with capital, but lets see how it actually protects new users.
Raising the minimum deposit protects new users
Many times playing it safe with a small initial deposit can actually be the most dangerous thing to do. Diversification is a key principle in investing and in order to diversify properly a certain amount of capital is necessary. Clearly, $50 is not a sufficient amount of capital to limit risk and leads to many investors losing it all. A higher capital of $500 leads to better diversification and a greater responsibility by the investor. In turn, having an increased minimum deposit not only help eToro, but the users using the platform as well.
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.
If capital is not an issue and you want to start investing with real money, click here, and begin investing in minutes!
Start for Free
If you want to experience the platform without risk and for free open a Demo Account. A Demo Account allows you to invest with $100,000 of paper money with no minimum deposit or fee. You also get to be a part of largest network of investors in the world.
If you need more information do not hesitate to contact us, it will be a pleasure to assist you.
Remember that you have all the information about copy trading in our sections:
- Platforms: Information of each of the platforms of copy trading. Go to Platforms
- Guides: The best guides on copy trading. Go to Guides
- Reviews: Best reviews on copy trading platforms. Go to Reviews
If you like our work, please share it to say thanks :)
Currency trading with leverage implies an important risk for the investor and there is always the possibility of losses. These instruments carry a high risk if they are not managed properly and a profit can quickly become loss as a result of price changes. Due to the risk factor inherent to this type of trade, only funds intended for risk investments should be used. If you do not have extra capital you may be willing to lose, you should not trade in the forex market. It has never been proven that there is any system or portfolio of systems that is completely safe and no one can insure future profits or losses. Before you start trading in the forex market you should think carefully about your goals as an investor, your level as an investor and your risk aversion to determine if this is the type of investment you want to make. If you are in doubt you should seek advice from a professional financial advisor to advise you about the investment.