You can now build healthy investing habits, with recurring deposits.
Investing you can set your calendar to ― literally.
Recurring deposits are now available for eToro investors in the US. With this convenient new feature, users can choose when and how often they want to fund their accounts, whether it’s on a weekly, twice-a-month, or monthly basis.
Whether it’s work, family, or pursuing your hobbies, life has a way of deprioritizing your desire to invest on the regular. But with automated recurring deposits, you can make investing a part of your normal routine, just like scheduling a bill payment or renewing a streaming service.
Sign up for recurring deposits
Plus, recurring deposits make it easier to implement investing strategies like dollar-cost averaging (DCA), where you invest a specific, continual amount in a certain asset to reduce the impact of volatility over time.
It’s an easy-to-implement method that can have real bottom-line benefits.
To utilize recurring deposits on eToro, you must have a verified account in an eligible US state. After making one deposit using a debit card, you’ll be able to set up recurring deposits going forward based on the time interval of your choosing. And you can start with as little as $10.
Once your recurring deposits are activated, you will be notified 48 hours before and at the time of every deposit. Users are able to cancel their recurring deposits whenever they want.
Ready to make investing a healthy habit? Try recurring deposits today!