When using the eToro trading platform, investors are interested in the minimum amount to open an order. In this article, we make it clear.
What is the minimum trade size on eToro?
The minimum trade size is the minimum amount you need to spend to open a trade. On eToro, the minimum trading sizes of asset classes are different.
As of December 5, 2021, the minimum trade size for all eToro users is:
|Activity class||New minimum operation size|
Please note that the minimum trade size includes leverage*.
Example: If an eToro user opens a position in oil (commodities), which has a minimum size of $1,000, he can invest a smaller amount, as long as the position makes minimal leverage. For this example, a user can invest $100 using the X10 leverage and still meet the minimum trade size requirement.
* The use of leverage may be limited by measures of the European Securities and Markets Authority (ESMA).
However, keep in mind that the eToro platform is a global platform. In some countries, there will be separate financial regulations. So the minimum trading sizes for different assets apply depending on the country or when the user signed up for eToro.
Let’s say your minimum trading size is different from the above. Don’t hesitate to contact eToro support to verify and get the answer.
Minimum trade size for copy trade
The minimum amount required to copy another trader is $200 and the minimum for each copy position is $1.
However, when you start copying a popular investor. Should you read their referral to know how much they advise you to start copying them? Because if you copy too little money, there are trades that you copy under them under 1 dollar. The order is not in your account. And so, the effect of copying works differs slightly from that of popular investors.
Minimum transaction size for Smart Portfolio funds
The minimum amount required to invest in Smart Portfolio funds is $500. For GainersQtr, SharpTraders and ActiveTraders, the minimum amount required is $5,000.
- GainersQtr, ActiveTraders: is a copy portfolio of various users on the eToro trading platform selected by a system algorithm from the eToro database.
- SharpTraders: This Smart Portfolio investment strategy groups investors with average annual risk scores ranging from 2 to 7 at a decreasing rate. It is rebalanced quarterly and includes only investors with high Sharpe report results and significant gains. Each trader in the portfolio is set a stop-loss of 5% to avoid large drawdowns.
Take advantage of the low minimum trade size
eToro has evolved and expanded enormously over the years. They had to adapt and modify our offerings with each new territory to adapt to local regulations, the public and the tools available.
The minimum trade size can be a barrier to entry for some users who want to diversify their portfolio or start exploring new markets with small capital.
In addition, it is crucial for eToro that users around the world have the same easy-to-use experience on the eToro platform, no matter where they are. As a result, eToro reduced the minimum transaction size and ensured that it would be identified anywhere in the world.
The low minimum size of the exchanges allows users to further diversify their wallets. And make their eToro experience even more enjoyable.
The minimum trade size of the eToro trading platform is relatively low compared to other exchanges. It allows investors to start trading with a minimum amount of capital.
Or other investors can experiment with trading other assets, diversifying their portfolios.