Don’t invest in cryptocurrencies unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. At this level you would qualify for the Silver tier of eToro Club membership. The very first step you will have to go through if you want to join the eToro Club, is to open your own eToro live account. A certain rank will be assigned to you as a trader automatically depending on the amount you have deposited. For those who have recently joined eToro or those looking to learn more about all that eToro’s platform has to offer, it’s important to be aware of the eToro Club.
This concept carries immense significance, especially for those who are serious about leveling up their trading game. Let’s plunge in as Traders Union explained what the eToro club is and why it could be a game-changer for your trading strategies. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision. This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Basically, this number does not take into account any profit or loss, just the original amounts which you invested, or which are in your account. To become an eToro Club member, there are requirements which must be met in terms of the amount of equity you have in your eToro account.
How do I get eToro silver? What is eToro silver?
Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry. Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons. In order to upgrade your account from Silver to Gold, you have to deposit at least $10,000 or reach that amount through trading. In order to upgrade your account from Bronze to Silver, you have to deposit at least $5000 or reach that amount through trading.
The eToro club is a premium programme designed for those who have a certain value of equity in their eToro account. This level of equity is used to unlock one of six different eToro membership levels that grant you benefits like a dedicated account manager, live webinars, free withdrawals, and more. One of the best things about the eToro Club is that your registration should be processed automatically andwill be updated every 24 hours based on the realized equity of your account. The eToro Diamond tier is the pinnacle of the eToro Club, and reserved for the most exclusive traders. This tier can be accessed with a realized equity above $250,000 and provides all of the previous level benefits plus an exemption on exchange fees and special invitations to hand-selected industry and sporting events.
The realized equity in this case is still $8,000 ($6,000 balance + $2,000 opening amount invested). At the higher Platinum+ and Diamond membership levels of the eToro Club, you will gain access to private analyst consultations as well as invitations to top-tier industry and sporting events. Members of the eToro Club will also benefit from reduced fees for using the platform at certain tiers.
eToro gold tier benefits (from $10000 equity)
This should allow you to set your own targets of which membership level you wish to join. Here we will take a closer look at the individual benefits you stand to gain by joining each level of the eToro club. For example, if you deposit enough to cover exactly the minimum eToro deposit amount, the assigned tier will be Bronze.
- This should give you the best opportunity to get one step ahead in trading.
- The eToro bronze meaning is essentially the first tier of the eToro Club membership.
- This is true regardless of whether you are operating a regular account, or an eToro Islamic account, so long as you meet the required amount in terms of account equity.
- One final important point to note is that all eToro users are eligible to join the eToro Club.
eToro Club Explained: What it is, Advantages and Disadvantages of Membership
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Although your membership status is kept completely private for only you to know, it can still be an excellent achievement which gives you extra confidence in your trading ability. If you are thinking of joining the eToro Club immediately when you register your eToro live account, then you will need to deposit enough to reach your desired tier. This means a minimum of $5,000 deposit must be made in order to join the eToro Club from the very beginning. On the other hand, if you closed your open position for $4,000, your balance would become $12,000 and this would also become your realized equity.
With a foundation in expert insights from Traders Union, let’s start demystifying the eToro Club. The eToro Club is an elite loyalty program designed for clients who boast substantial sums on their balance, beginning from at least $5,000. This prestigious program opens doors to an array of new opportunities and rewards, such as waiver of withdrawal fees, access to insightful online webinars, and even a dedicated account manager. An interesting facet of this program is its tier system – the more substantial your realized equity, the higher your eToro Club tier becomes, paving the way for increased benefits.
You can build on your knowledge and expertise using the selection of live webinars which you will be eligible to attend. These are often delivered by industry and market experts and octafx broker reviews serve as a great opportunity to keep learning and improving your trading strategies. Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms. He is an expert in Compliance and Security Policies for consumer protection in this sector. Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings.
Hong Kong mulls new licensing regime for crypto OTC services
If you are a regular high volume trader, these can both lead to great savings long term. One final important point to note is that all eToro users are eligible to join the eToro Club. This is true regardless of whether you are operating a regular account, or an eToro Islamic account, so long as you meet the required amount in terms of account equity.
The status is then updated, and it’s your responsibility to maintain the required balance. In case of any doubts or queries, the company’s specialists can always be approached for more detailed information. The eToro Club Gold tier membership can be accessed from $10,000 in realized equity. Reaching this level will mean you retain all benefits from the previous tier, plus gain access to an extensive range of live webinars and professional analysis. It is at this stage that you will also become eligible for a highly competitive line of credit provided by eToro.
Membership in the eToro Club, as detailed by TU experts, is a gateway to premium services for those with a substantial amount of unrealized equity. The club offers unique benefits, such as waiver fx choice review of withdrawal fees, access to enlightening webinars, and personal customer service assistance. The size of your deposit determines the extent of the benefits you can enjoy. Etoro, which is based in Israel, is not a big player in the U.S. crypto market. EToro Club’s Platinum tier membership can be accessed from $25,000 in realized equity. As explained by TU experts, becoming a member of the eToro Club involves a simple yet selective process.
With the eToro Club Silver tier, you will have access to a dedicated Customer Success Agent, to exclusive data-based Copy Portfolios, and if you’re based in the UK you may be eligible for the eToro Money card. The Account Manager can be of great assistance if you have any questions related to trading and will ensure that you are always only one moment away from some helpful guidance with your eToro live account. The eToro bronze meaning is essentially the first tier of the eToro Club membership.
The eToro Club Platinum Plus membership can be accessed from a realized equity of $50,000. As well as all of the benefits from previous levels, you will be assigned your own personal analyst, a Financial Times subscription, and access to a broad range of special events. Navigating the trading landscape can indeed be challenging, but with the correct information and resources, it becomes a thrilling adventure rather than a daunting task.
