I created a new account at Etoro and struggled with onboarding, so you don’t have to! Creating an account at Etoro is done by following the below. Start at the beginning if you do not have an account yet.
Already have an account. but got stuck? Then login to your account & follow along! This link opens in another tab so you can keep using this page.
If you were looking for explanation on a Etoro demo account instead, then click here.
It all starts at Etoro
Given you found this page, I am going to assume you want to create an account at Etoro. To no surprise, the first thing you want to do is head on over to Etoro and follow along. You can use several links and buttons throughout this article for convenience.
| Broker name | Type | Review | Rating | Broker site |
|---|---|---|---|---|
| Etoro | Investor & Trader | Link | 4.6 | Visit broker |
*eToro is a multi-asset investment platform. The value of your investments may go up or down. Your
capital is at risk.
1. Your native language
Got there? Great. Now select your preferred language to make sure all steps in the process are understandable and easy to follow. Like this guide!
Etoro offers a wide selection of languages, but not all. In the below image, all options are displayed and visualized as they will on their website:
2. Starting with your account creation
Now that you picked a language, click on ‘Start investing’, ‘Start Trading’, ‘Start copying’, or any other green buttons you see. As it depends on which page you are, but trust me, they all bring you to the open account page. This looks like the below:
Right off the bat, we can choose to link our account to Facebook and/or Google. The benefit of either of these options is saving you some time in entering basic information like your full name and Username.
I did choose this option as I am inherently lazy and like the ease which ends up benefitting me when social trading!
3. Confirming your desired username, email & password
Alright, now that we have linked our account to Facebook or Gmail, all that’s left is to (re)confirm our Username, Email & password in the next screen like so:
Once filled in, check the Etoro password meter to make sure the password is set to strong. You do not want others hacking their way into your account. It should be green stating: ‘strong’;
Notice how it also has the terms & conditions box and privacy policy & cookie policy box ticked, as this is a hard requirement to generate your account.
4. Boom! Account created
Congrats, you should now be the proud owner of an Etoro account. There will be more information to confirm, but you can now use the login screen whenever you want.
If you get stuck on the previous view and the account doesn’t seem to load, do not worry. Simply click sign in and use the email & password you just created.
Continue creating an account at Etoro with step 5: Confirming your email.
5. Confirming your email
As with any new account online, you will now be greeted by a screen asking you to confirm your email. A six-digit code will be sent to your email address and is necessary to activate your account:
Can’t find the email? Try your spam inbox first. Otherwise, simply click on the resent code option which appears after 10 seconds of waiting on the above screen.
Enter your unique code and then click on activate to land on your personal account screen at Etoro.
6. Completing your Etoro account
Now comes the less exciting work. Finishing your account by providing information that verifies you are really you.
It’s boring and annoying but legally required for any and all brokers to avoid identity theft and money laundering activities. It is also used to shield you from investing/trading the wrong products before having learned about them.
So, there is no way around it. Neither at Etoro nor anywhere else. Thankfully, it’s a one-and-done. Below shows a partial list of what Etoro would like to know:
6.1 Basic information first – Address
So go ahead and click that blue update profile button to get started.
First, you will need to confirm your country of residence & country of birth. Next are the city, address, and postal code you live in. Last is the national number, but this is optional, so it can be ignored.
If you used Facebook or Google to create your account, then your country, city, address, and postal code are already pre-filled. Below is the view you should see (blinded to avoid sharing my personal information):
Now click the blue arrow at the bottom, and you are met with the next screen.
6.2 Investing/trading product & knowledge test
Next, you are asked a series of questions ranging from investing products to trading assets to determine your knowledge. These should be filled out in all honesty as there is no judgment, but rather a strong recommendation afterward on what is suitable for your experience level.
6.3 Your financial situation
Next to quizzing your understanding, Etoro will also ask you if you know how much you intend to invest, what timeframe, and your risk appetite. REMEMBER: None of this limits you later on. It is simply used to assess your activities and interest in using Etoro as your broker.
Finally, in order to truly know if you are legit, Etoro has to ask you where you got your money from & what your occupation is. Simply select in all honesty and there won’t be any problems in 95% of cases.
All information is treated confidentially and is used to suggest the right information to you. Should you decide to lie, then your personal recommendations are at risk of being a misfit.
7. Start investing and finish the final account verification
First of all, well done on getting this far! You can now start depositing money and use Etoro to fulfill your financial wishes.
However, your total activity is capped at 2.000 USD until you complete the final verification.
Because I prefer to invest without limits, this step will first focus on the final verification. If you want to get started, simply skip to the next section.
7.1 Verifying just one last time
You are going to press the button: ‘Verify your account’ to remove any restrictions to your future activities.
This opens up a new screen where you are asked to provide your telephone number and confirm with a code you get through SMS.
It is a five-digit code this time which, after entering, confirms your phone number and moves you to the next screen.
7.2 Tax information
It is everyone’s favorite topic; Taxes. Now you might not be very keen to provide your personal identification number (PIN).
But it is highly recommended to do so in order to avoid tax mistakes leading to legal issues in the future. The field should look as below:
7.3 Profile complete
Congratulations, you have sat through between 5 minutes and 30 minutes of work and are now fully verified as an account holder at Etoro. The below screen greets you and lets you know you can now deposit (unlimited).
7.4 Deposit money into your account
It’s the moment you have been waiting for. Adding money to your account to enable investing/ trading for the first time.
Next, hit that blue deposit funds button and start the process.
As the first deposit, you will need to choose between a credit card, debit card, Trustly or a wire transfer.
A minimum of 50 USD will be required for funding the account.
Only after the first deposit, will options like Paypal, Skriller and Neteller become available.
In the below screen, you can see how you simply have to choose the amount you want to top up the account with, your investing currency & deposit method.
From here the Etoro money account information should be pre-filled & you can hit that big blue deposit button one last time.
Sometimes instantly, other times after 2 hours, your money will appear in your account & you have completed the account creation process at Etoro.
Let’s look at buying your first product too in the next step.
8. Buying your first stock (or similar product)
Now the real fun starts! You got your account, you have your cash at the ready, and it’s time to choose an instrument.
Head on over to ‘discover’ in the menu & pick a product that interests you from the top overview, as shown in the screenshot below:
*Past performance is not an indication of future results.
For this example, I chose ‘Stocks’ and picked ‘Amazon’. Once I decided to invest in Amazon stock, I clicked on the big green button on the top right that says ‘Invest’.
*Past performance is not an indication of future results.
On my trading ticket, I selected 100 USD of Amazon stock, set a take profit of 250 USD (2.5 times the stock value) & decided on a stop loss of 50 USD (if my investment lost 50% of its value).
*Past performance is not an indication of future results.
Get started on creating an account at Etoro
And with that, you are now fully up to speed on creating an account at Etoro step by step. Do contact me if you have any further input or questions. And happy investing/trading at Etoro!
Have you not been following along so far? Then use the below link to get started:
| Broker name | Type | Review | Rating | Broker site |
|---|---|---|---|---|
| Etoro | Investor & Trader | Link | 4.6 | Visit broker |
*eToro is a multi-asset investment platform. The value of your investments may go up or down. Your
capital is at risk.
9. Extra: Contact Support
At any given time, you can choose to contact support by either clicking help and going to the help center as shown below, or by clicking on contact support whenever you experience a limitation which will show a message as above.
The Etoro customer support team usually resolves issues within two days which is decent comparatively. Of course, that does mean practicing patience in the meantime.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, 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. 81% 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 does not amount to investment advice. The value of your investments may go up or down.
Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection.
Tax on profits may apply.
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.