eToro raise the minimum deposit to keep pace with new users

There is a rapid growth in the number of new registrations, and the system of eToro almost can’t handle it. They are limiting new accounts. The eToro allows crypto trading for a while, and they offer forex, CFD trading too. Thanks to this, they are a regulated company in the USA, in compliance all with laws, so local users consider it as a trusted exchange.

The rising price of bitcoin also raised the platform’s activity ten times. Now the daily new signups grew to 40k, which’s almost overwhelming for the infrastructure. As result, the temporary minimum deposit now is 1000 USD, instead of the previously 200 dollars. In this way, they may spare some time to develop their system to the levels of demands.