eToro Lowers Minimum First-time Deposit to $50 in 30 Regions

eToro, a leading social trading provider, has announced to cut minimum first-time deposit to $50 in 30 regions.

The list of regions includes: Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, Greece, Guernsey, Hungary, Indonesia, Latvia, Liechtenstein, Luxembourg, Malaysia, Malta, Monaco, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Taiwan, Thailand, United Arab Emirates, Vatican City, and Vietnam.

Now, clients of the broker can go on to invest in Stocks, ETFs, Crypto, and other major currency pairs with as low as $50.

In August, eToro has launched a new feature—recurring deposits​, an option to set up automatic deposits in clients' account. Users can decide the amount of money and the currency, and then schedule their deposits using a credit/debit card that has already been connected to their eToro accounts. The minimum amount that users can set up for recurring deposits is 50 USD.