Hello!

I´ve been interested in trading crypto for quite some time now and finally joined eToro.

I just have a question, I noticed Bitcoin have been doing really good the last 6 months and I now want to invest a very small sum of 250 dollars.

I just wonder, since im completely new to the stock exchange, If I invest 250 dollars, can I loose them if the price goes down? Or do I still hold my share.

Maybe this sounds dumb, but does Bitcoin work the same as a normal share? If I invest in a real stock I probably get to keep my share even if the value is zero?

Does it work the same with Bitcoin shares as well?

Best Regards

When you make a deposit or withdrawal in a currency other than USD, conversion fees are applied. Diamond members benefit from an automatic exemption from these conversion fees. Platinum and Platinum+ members benefit from a 50% reduction. A flat fee of $5 is also charged for withdrawals, and a monthly inactivity fee of $10 is charged after 12 months without logging in to your account. Although these are not fees charged by eToro, each transaction is subject to the market spread when a position is opened or closed. The spread is market-based and is invariably applied by all banks and brokers.

In addition to a failure rate of over 75%, eToro's cost structure remains high compared to most competitors. Higher trading fees, mainly visible in spreads, the difference between bid and ask prices, allow eToro to market its services without additional costs.

Traders should be aware that every broker runs a business and must ensure revenue growth. Traders should therefore be wary of any advertisement for a low-cost or free service, as brokers usually compensate for the absence of visible fees elsewhere. This article will explain eToro's fees, provide examples and comparisons, and offer a conclusion to enable interested traders to properly assess whether eToro's products and services justify the high price environment.

Unlike many other brokers, eToro charges a flat fee of $5 (for withdrawal), regardless of payment processors, withdrawal amount or geographic location.

The minimum withdrawal is $30, and only verified accounts can request one. Traders with an account balance of less than $30 cannot withdraw funds unless they wish to close it, as a minimum of $35 is required, i.e. the $30 withdrawal request plus eToro's $5 withdrawal fee.

After twelve months of inactivity, eToro levies an inactivity fee of $10 per month until the trader logs into the account, or the balance reaches $0. Most traders are unlikely to keep a funded trading account inactive for twelve months, so this unnecessary cost is avoided. No open positions will be closed to cover this fee.