eToro is the top social trading broker with excellent account opening experience. The service is entirely online and user-friendly. The average time required for opening a new account is 24 hours.
|Account opening time
This article discusses the eToro account opening characteristics.
The main aspect to consider when choosing a brokerage firm is availability. eToro is available in 15 countries, including the United States, United Kingdom and UAE.
|United Arab Emirates
eToro has transparent account opening requirements. To create an account with this brokerage firm, you’ll have to submit proof of identity and residency. eToro has a fully digital account opening process done on the broker’s web platform.
When registration is complete, you’ll have to transfer a minimum deposit to your new account. The minimum required deposit at eToro is $200. Initial fees vary depending on the funding method you choose. Check our in-depth reviews to learn about minimum deposit at eToro.
Minimum Deposit Comparison
A professional brokerage firm offers access to many account tiers. eToro has accounts for different trading skills and styles. The downside is that eToro only offers accounts with a base currency of USD. As such, depositing funds in currencies other than USD will lead to additional conversion fees. Read our in-depth reviews to learn insights about eToro’s accounts and fees.
Base Currencies Comparison
The steps to open an account at eToro are simple. You have to choose a brokerage account, add your personal data and proof of identity. After that, review the information and sign a virtual contract. After eToro verifies your account, you will make the initial deposit. Once the initial deposit clears, you will start trading.
eToro is an excellent choice for traders at all levels of experience who want access to the best social trading features. It offers a smooth account opening process. Read our in-depth reviews to learn more about eToro.
eToro compared to other brokers:
eToro is a multi-asset investment platform. The value of your investments may go up or down. Leveraged and speculative product. Not suitable for all investors. You should consider whether you can afford to take the high risk of losing your money. Capital is at risk. 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. Crypto assets are unregulated& highly speculative. No consumer protection. Capital 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.