Great news from the eToro social trading platform! The minimum deposit is now only $ 50 instead of the previous $ 200! This is a great opportunity to start trading stocks, indices or cryptocurrencies with small bank.
If you have no experience in trading, then it is very clear that you just don’t want to risk $ 200, but $ 50 is a much more acceptable amount.
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What can be done with a $ 50 deposit on the eToro platform?
$ 50 though is a small amount to invest, so the options are limited. On the eToro platform, the minimum amount for which you can purchase shares is $ 50, and a cryptocurrency position can be opened for $ 25.
So if you make a $ 50 deposit, you will be able to buy shares in a company for $ 50 or buy one cryptocurrency for $ 50, or two cryptocurrencies, for $ 25 each.
Where better to invest $ 50?
If I had $ 50 on the eToro platform, I would probably invest them in two cryptocurrencies, such as Ripple (XRP) and Cardano (ADA). By the way, the price of Cardano has risen almost 25 times this year, which means that your $ 50 could have turned into $ 1250 if you had invested in January.
The second option would be to invest $ 50 in a so-called “penny stock” or a cheap stock operating in a fast-growing industry. I myself have seen the stock price increase by as much as 300%, so anything is possible!
What countries are eligible for $ 50 deposit on eToro?
In many countries you can start investing with a minimum first-time deposit of $50.
|Users residing in:||Minimum first deposit:|
|Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, Germany, Greece, Guernsey, Hungary, Indonesia, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malaysia, Malta, Monaco, Netherlands, Norway, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Taiwan, Thailand, United Arab Emirates, United Kingdom, United States, Vatican City, Vietnam||$50|
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I would suggest you try trading on the eToro platform, even with a free DEMO account, where you can risk-test all the features of this platform and decide whether you want to invest $ 50, $ 200, $ 500 or $ 1,000.