eToro introduces savings plans: Here’s how you can now regularly invest in stocks, ETFs, and crypto.

EToro introduces savings plans – Here’s how you can now regularly invest in stocks, ETFs, and crypto

Good news for investors looking for a way to automatically and regularly invest small amounts in stocks, ETFs, and/ or crypto: eToro now offers savings plans.

Details about eToro savings plans

Since July 2022, eToro has been offering its customers the ability to create savings plans. This means you can automatically invest in stocks, ETFs, and cryptocurrencies regularly. Investments can be made monthly or at intervals of your choice. With a minimum investment sum, the savings plans enable you to easily automate and diversify your investments.

Overview of eToro’s offer

Before you start with the savings plans at eToro, you should know there are minimum deposits. The initial minimum deposit can be higher compared to subsequent monthly investments. Unfortunately, the report does not specify exact amounts, but it might vary depending on the asset class. For investments in crypto, eToro is partnering with Binance to offer seamless transactions.

eToro offers an additional 30 dollar voucher for new registrations

As an incentive, eToro is offering a voucher worth 30 dollars for new customers who set up a savings plan. To receive this reward, you need to register and set up (at least) one savings plan with an investment commitment. The initial amount for a savings plan should meet eToro’s minimum deposit requirement, and you can find any fees and details on the eToro platform.

How to create a savings plan on eToro

Need assistance with setting up your savings plan right away? eToro provides you with detailed instructions:

1. Log into your account and navigate to the “Deposit Funds” section.
2. Decide the amount you’d like to invest through a savings plan regularly.
3. Choose one or more stocks, ETFs, or cryptocurrencies for your savings plan.
4. Adjust the interval and amount according to your preferences.
5. Confirm your selection and track your investments in your portfolio.

If you encounter any issues or have questions, eToro’s support is available to provide help wherever needed.