Yes, eToro imposes various limits across its platform. This includes limitation on deposits, withdrawals, trading activities, and specific features like CopyTrader.
eToro sets minimum and maximum deposit amounts based on the payment method:
| Payment Method | Minimum | Maximum |
| Debit Card | $50 per transaction | $40,000 per transaction |
| Bank Account (ACH) | $50 per day | $10,000 per day |
| PayPal | $50 per transaction | $10,000 per transaction |
| Wire Transfer | $500 per transaction | $1,000,000 per transaction |
For ACH deposits, there's a cumulative limit of $20,000 over a 65-day period.
Every withdrawal comes with a $5 fee. Processing times vary by method, typically ranging from 1 to 7 business days.
Personal note:
eToro may also implement trading restrictions on some assets temporarily. I've usually experience this when the markets are fluctuating. The purpose of this is to maintain the stability of its platform.
About Mike Druttman