eToro is a social trading and multi-asset brokerage company sited in Cyprus, Israel, the United Kingdom, the United States, and Australia.
It is focused on providing financial and copies of trading services to follow and succeed in being a stock trader. This is a platform where the Pros (sharing trading ideas) and the up-comings trader make money
This’s why it has a community of professional investors and traders that keep discovering the smartest ways of investing, also providing a copy-trade that newbies automatically copy and be on the winning side.
Do you trade stock? Then you need a platform that should enable you to analyze, discuss and invest in your favorite assets in Real-Time.
You may have been finding a perfect place to trade 100% stocks and 0% commission. eToro gives you that feeling and making you realize your confidence in trading on the world’s leading social trading platform.
Good benefit of eToro Trading
The eToro platform gives a huge reason to enjoy reviling what’s working by the Pros. And Those Pros sharing ideas earn a second income when their strategies are copied.
eToro Trading Account Sign Up
- Visit the main website and click “SIGN UP”
- Fill out the eToro registration form.
- Check the two boxes to agree with the terms and conditions, then click on “Create Account“.
- To start, you will need to complete your profile account by clicking “Complete Profile”
- Click “Continue” to open the profile page.
- On the profile page, you need to fill out your gender, and date of birth. Then click on the “Forward-Next” arrow
- Then enter your location information, and enter your international password ID number
How much to invest
select the instruments that you plan to invest in. Check the boxes or box and click on “Forward-Next”.
Select how long you plan to leave your positions open. This is called the “Treading Strategy”. Select your option and click on the “Forward-Next”.
eToro finds it important for you to state out your purpose of trading. In other words, what you aim to achieve. You can’t check more than one box even if it best describes your purpose.
Now it’s time you select how much you want to invest over the time being of your trading in eToro trading platform. The amount starts from $1,000 and above.
Select your occupation and financial status. Read and confirm the terms of agreement of eToro Trading account.
eToro Trading Account Verification Process
You have the option to verify your account and deposit. Select anyone to start with.
- Verify your account, eToro will send an SMS to the phone number you added during the registration.
- Type in the verification code in the box, then click on “Verify”.
- The next verification process is to provide either the image of your passport or any other Government ID card.
- You need to provide either a Utility bill copy or a Bank account statement.
- The next is to provide your Tax Identification number.
You’ll get a notification from eToro once your account is approved.
But for the main time (while waiting for the approval) eToro will display on the screen the maximum amount you can invest (deposit) to start trading.
Depositing/Funding eToro Trading account
From this end of the account verification process, you can click on “Deposit Funds” to start trading on your eToro trading account.
Also, from the home page, you can see the “Deposit Funds”.
You can fund your eToro online trading account via;
- credit or debit card,
- wire Transfer,
- Neteller or
Select the best channels to use fund your account, then proceed to complete the funding.
Please note that $200 is the minimum deposit amount to fund.