eToro Club has five tiers and each subsequent tier comes with an improved set of benefits. The good thing is that there are only two requirements to become a member of eToro club:
- have an active eToro account. If you don’t have one yet, you can create one right away by clicking here for a free eToro demo account.
- deposit money on eToro
In this article, we’ll explain what each tier brings to the table and overall what the eToro club is all about. We’ll also explain how to become a member and draw your attention to the important things to bear in mind.
First things first: let’s see what is eToro club.
Contents
What is eToro Club
eToro club is a community created by eToro where people obtain different perks based on their tier. As you’ll be able to see below in the article, all of these benefits can help you with learning more about trading and eToro, but also connect with fellow eToro traders. eToro takes into consideration your realized equity when placing you in a tier (more about that below). These five tiers are the eToro:
- Silver: $5,000
- Gold: $10,000
- Platinum: $25,000
- Platinum+: $50,000 and
- Diamond: $250,000
How to Become Member of eToro Club
As with pretty much everything with eToro, becoming a member of the eToro club is a seamless process. Also upgrading from one tier to another is automatic. To become a member, you need to at least to invest or own $5,000 of realized equity. This amount will land you in the Silver tier.
What is eToro Realised Equity?
Realized equity on eToro stands for all your balance and the original value of all your holdings. Check out the example we have below.
Balance + Holdings = Realised Equity | |||
Balance | Holdings | Realised Equity | Tier |
$1,000 | $10,000 | $11,000 | Gold |
Once you reach a certain amount of realized equity, eToro will within 24 hours put you in the correct tier. From that point onward you’ll be able to enjoy the extra perks that each tier brings.
A very important fact to note here’s that even if the value of your holdings drops this will not affect your tier until you have closed the position. Bear in mind this applies even if your value increases.
What eToro Club Tier do I Belong to?
eToro will automatically check your realized equity every day at midnight GMT and then place you in the appropriate tier. You can always check your tier below your username in your eToro account dashboard. Your tier information is private and that means it’s visible only to you.
What are the eToro Club Benefits
Silver Tier
All tiers benefit from the following perks:
- Customer Success Agent
- Daily Market Summary
- Live Webcasts
- Exclusive data-based CopyPortfolios and
- Crypto Staking
A new addition to this list will be the eToro exclusive debit card once it becomes available. The logic behind the tiers is simple: the more you invest and earn with eToro, the more perks you receive. Let’s check the other tiers now and see what are they offering.
Gold Tier
The first notable difference in this tier is that you get a dedicated account manager. This will amplify your customer experience undoubtedly. The last difference between eToro Gold and eToro Silver tier is the market analysis that gold tier members receive.
Platinum
Adding on the eToro Cold Tier, the eToro Platinum onward members receive a discount on the exchange fee. In the case of Platinum, you can deposit or withdraw any currency but USD via wire transfer and get a discount. The discount rate is 25 pips unless you’re pairing the following currencies:
- IDR/USD
- MYR/USD
- THB/USD and
- VND/USD
On top of that you receive:
- Trading Central research & analysis platform
- Delta PRO – Crypto Portfolio Tracker and
- The Wall Street Journal Subscription
Platinum +
eToro Platinum+ adds another layer to the customer experience: the human touch. You can now get on a video call with your dedicated account manager through Zoom. But that’s not all: you’ll get tickets to various sports events and handpicked top industry events to help you excel in your trading.
Diamond
eToro Diamond is the top of the mountain. Everything we listed so far is great, but in the Diamond tier, things become more exclusive. Firstly eToro adds a Financial Times Subscription and the exclusive eToro Diamond only member event. Another thing that shouldn’t be forgotten is that Diamond members can deposit or withdraw in any currency (except USD) via wire transfer without suffering from an exchange fee.
eToro Club Tiers Conclusion
The eToro club tiers are directly linked to your liquidity on the platform. This means the more you invest and spend time on eToro the better your experience and support from eToro’s team will be. What stands out as the biggest difference in the tiers is the human touch added on Platinum+ and Diamond. eToro wants their biggest traders to feel appreciated, enable them, and create a network for them.
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eToro is a multi-asset platform that offers both investing in stocks and crypto assets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorized and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity-specific information about eToro.