How can I deposit money into my account?

You can deposit money into your eToro trading account in the following ways: Credit card Wire transfer PayPal Western Union MoneyGram Neteller Skrill WebMoney Note: A foreign exchange fee of 0.5% is applied on wire transfers and 1% on all other methods.

Can I buy shares directly?

Yes, you can buy shares directly through eToro in a number of countries.

Does eToro charge a withdrawal fee when I withdraw funds from my account?

Yes, a processing fee applies but varies depending on the amount you withdraw. The minimum fee is US$5.

How do I ''follow'' another trader?

When you find a trader you would like to keep track of, click the relevant icon and add them to your watchlist. You don't have to pay any fees or charges to copy other traders on eToro.

How many investors can I copy at one time?

You can copy up to 20 different investors at any one time.

How often is the data in the eToro OpenBook updated?

The live activity feed in OpenBook features data that is updated in real-time.

How does the social trading network choose its top-ranked traders?

Rankings are based on a trader's total gain or winning ratio.

Can I fund my account in a currency other than US dollars?

While all eToro trading accounts are converted to and displayed in US dollars, you are still able to fund your account with a selection of other major currencies, including Australian dollars. When you deposit funds using a currency other than US dollars, the deposited amount will be immediately converted at the current market rate, with a conversion fee applied.

Is there a minimum and maximum amount I can use to copy a trader?

The minimum you need is $200 while the maximum is $500,000.

Can you set a stop-loss on an eToro copy trade?

Yes, you can set a stop-loss to close an order when the market moves against your position. You're able to choose between setting your stop-loss according to a specific level in the market or as a monetary amount that you're willing to lose. This can also be displayed as a percentage of your investment to keep risk management clear and simple.