Could your money be doing more for you?
Activate eToro’s interest on balance and start receiving interest payments straight to your account.
Earn more on your idle funds with highly competitive interest rates
Interest earned is added to your eToro balance automatically
Your funds remain liquid to withdraw at any time you wish
eToro’s interest rates
| Total balance required | $250,000 | $50,000 | $25,000 | $10,000 | |
| Annual interest rate (fixed) | 4.8% | 4.5% | 3.5% | 1.5% |
- What is the total balance required?
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The total balance required is what determines the interest rate that you will receive. It is the total realised equity in your account, including invested funds and available cash balance.
Note that the rate which you will receive is determined by your total balance required. This rate is applied to the available cash balance only.
- What is the available cash balance?
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The available cash balance consists of non-invested funds currently in a user’s trading account, and is the amount entitled for interest payment.
Compound interest is not paid, i.e., users do not earn interest on funds from previous interest payments.
- How do I activate the interest on balance in my eToro account?
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1. Log in to your eToro account. (Don’t have an account yet? Sign up here.)
2. Make sure that you have the total balance required in your account.
3. Go to the eToro Club dashboard. Scroll down to “Interest on Balance,” then switch from “Disabled” to “Active.”
- How and when is the interest calculated?
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Although the interest rate is annual, it is calculated daily and paid monthly. Each day, the balance entitled for interest payment is calculated (minus any credit lines, interest and/or any fees due to us). This amount is multiplied by the daily interest rate. At the end of each month, the cumulative amount of interest is totalled and then paid automatically no later than the 5th business day of the following month.
- When is the interest added to my account?
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Payment is made automatically no later than the 5th business day of the following month, early morning GMT time.
- What is the minimum amount for payment?
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The minimum amount of interest to earn for payment is $0.01.
- If I activate interest on balance sometime mid-month, will I earn interest for that entire month?
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No. Interest is earned from the day that the user actually opts in, provided they continue to be eligible and have the total balance required to earn the interest payment.
- Will I have to pay taxes on the interest received?
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Taxes due will depend on regulations in your country of residence. You are responsible for all applicable taxes related to accepting interest payments from eToro. In some jurisdictions, eToro will be required to withhold taxes payable on your behalf and remit them directly to the relevant tax authority.