Broker Deposit Fees and Minimum Deposits Compared
Almost no leading investing platform charges you to deposit money by bank transfer — it is free on Trading 212, XTB, eToro, Freetrade, InvestEngine, Revolut, Robinhood and Webull. The number that actually differs between them is the minimum deposit needed to open or fund an account, which ranges from nothing on XTB, Freetrade, Revolut, Robinhood and Webull, through $1 on Trading 212, to $50 on eToro and £100 on InvestEngine. The one deposit charge worth knowing exists on Trading 212, and it applies only to large card and e-wallet deposits. Minimum-deposit figures below come from each broker's data, verified June 2026.
Reviewed by Yaniv Barshaf · Fees verified June 2026 · Our methodology
Disclosure: FeesWizard may earn a commission if you open an account through links on this page. This never affects our fee data or rankings — how we make money.
| Broker | Minimum deposit | Notes |
|---|---|---|
| XTB | No minimum | No minimum deposit; deposits free. |
| Freetrade | No minimum | No minimum deposit; deposits free. |
| Revolut | No minimum | No minimum deposit; deposits free. |
| Robinhood | No minimum | No minimum deposit; deposits free (ACH). |
| Webull | No minimum | No minimum deposit; deposits free (ACH). |
| Trading 212 | $1 minimum | $1 minimum. Bank transfers free; card/e-wallet deposits free up to a €2,000 lifetime total, then 0.7%. |
| eToro | $50 minimum | $50 minimum first deposit in most regions; deposits free. |
| InvestEngine | $100 minimum | £100 minimum to open a portfolio; deposits free. |
Fee data verified June 2026 from each broker’s published schedule. Figures are estimates of published costs, not quotes — confirm current fees on the broker’s own site before opening an account.
Do brokers charge to deposit money?
For the vast majority of investors the answer is no. Every platform in this comparison lets you fund your account for free by standard bank transfer, which is the method most people use and the one you should default to. There is no percentage taken and no flat charge for moving money in this way. Deposit fees, where they exist at all, are tied to specific payment methods rather than to depositing as such — typically debit or credit card and e-wallet top-ups, which cost the broker a card-processing fee that some pass on above a threshold. If you always fund by bank transfer, you can treat deposits as free across the board. This is one area where the market has genuinely converged: unlike withdrawal fees or FX fees, where brokers differ sharply, deposit charges are close to universally absent for the everyday funding route.
The one deposit fee to know: Trading 212's card threshold
The single deposit charge worth flagging sits on Trading 212, and even that is easy to avoid. Bank-transfer deposits are always free. Card and e-wallet deposits are also free up to a lifetime total of €2,000; beyond that cumulative threshold, further card or e-wallet deposits carry a 0.7% fee. The fix is simply to fund by bank transfer, which never attracts the charge no matter how much you deposit over your lifetime with the platform. For most investors who set up a bank transfer or standing order, the fee never applies at all. It is a good illustration of why the funding method matters: the same platform can be entirely free or slightly costly depending purely on how you move money in. When in doubt, use bank transfer and the question disappears.
Minimum deposits: from zero to £100
Where these platforms genuinely differ on the deposit side is the minimum needed to get started. Several have no minimum at all: XTB, Freetrade, Revolut, Robinhood and Webull let you begin with whatever you like, which suits investors easing in with small sums. Trading 212 asks for just $1, effectively no barrier. At the other end, eToro sets an account minimum around $50 in most regions, and InvestEngine requires £100 to open a portfolio. None of these are large, but they matter if you want to start very small or spread a modest sum across several platforms to compare them. A zero or £1 minimum also makes it painless to open an account, fund it lightly, and try the app before committing serious money — a sensible way to test whether a platform's interface and features suit you before moving a larger balance in.
How to keep deposits free
Keeping deposits free is straightforward. Fund by standard bank transfer rather than card or e-wallet, which sidesteps the only common deposit charge — Trading 212's 0.7% fee above the €2,000 card and e-wallet threshold — entirely. Set up a regular bank transfer or standing order if you invest monthly, which both keeps deposits free and encourages disciplined, pound-cost-averaged investing. Be wary of any platform outside this comparison that charges for bank-transfer deposits, as that is unusual and a reason to look elsewhere. And remember that the minimum deposit is a one-off hurdle to clear, not a recurring cost: once your account is open and funded past the minimum, ongoing top-ups can be any size. In short, the deposit side of investing is close to free across the board provided you use bank transfer, so focus your fee comparison on the charges that vary more — FX, withdrawal and commission. Capital at risk.
Why deposit fees matter less than other charges
It is worth keeping deposit fees in proportion. Because free bank-transfer funding is near-universal, deposit charges are rarely the deciding factor between brokers, unlike currency conversion fees which can differ sixfold, or withdrawal and transfer-out fees which can run to $100. A rational comparison spends most of its attention on the costs you pay repeatedly through the life of an account: commission or spread on every trade, FX on every foreign-currency purchase, and any recurring platform or inactivity fee. Deposits, by contrast, are typically a solved problem — free by bank transfer, with only a card-payment threshold to watch on one platform. Use the minimum deposit to judge how easily you can start and test a platform, note the Trading 212 card threshold if you plan to fund by card, and then move your real scrutiny to the fees that recur. That is where the meaningful money is won or lost.
Frequently Asked Questions
Do investing platforms charge a deposit fee?
Not for standard bank transfers, which are free across every platform in this comparison. The only common deposit charge is Trading 212's 0.7% fee on card and e-wallet deposits beyond a €2,000 lifetime total — funding by bank transfer avoids it entirely.
What is the minimum deposit to start investing?
It varies. XTB, Freetrade, Revolut, Robinhood and Webull have no minimum, and Trading 212 asks for just $1. eToro sets an account minimum around $50 in most regions, and InvestEngine requires £100 to open a portfolio.
How do I avoid Trading 212's deposit fee?
Fund your account by bank transfer, which is always free regardless of amount. The 0.7% fee only applies to card and e-wallet deposits once your cumulative card/e-wallet deposits exceed a €2,000 lifetime threshold, so most investors never encounter it.
Is it better to deposit by card or bank transfer?
Bank transfer, in almost every case. It is free on every platform here and never triggers a threshold charge. Card and e-wallet deposits are convenient for a quick top-up but can attract a fee above a limit on some platforms, so bank transfer is the cheaper default.