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eToro accounts and how they score

Account range and entry terms feed the rating. Here are eToro's accounts and the facts the score is built on.

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.

Does eToro offer an Islamic account?

Yes. eToro offers a swap-free account for clients who need one.

Accounts at brokers under the same regulator

More about eToro