eToro Account Types

　　eToro offers a variety of account types to cater to different trading needs and preferences. The primary account types include:

• Standard (Retail) Account:
• Minimum Deposit: $10 to $10,000 (depending on the country).
• Leverage: Up to 1:30 for certain jurisdictions, up to 1:400 for others.
• Markets: Access to over 1,000 assets including stocks, commodities, cryptocurrencies, and ETFs.
• Special Features: Ability to trade fractional shares and utilize copy trading features.
• Islamic Account:
• Minimum Deposit: $1,000.
• Leverage: Up to 1:30 (varies by jurisdiction).
• Markets: Similar access as the standard account but without swap fees.
• Special Features: Complies with Sharia law, ensuring no interest charges on overnight positions.
• Professional Account:
• Eligibility: Must meet two of three criteria (e.g., trading frequency, portfolio value, or experience in the financial sector).
• Leverage: Higher leverage options available.
• Markets: Access to the same range of assets as the standard account.
• Corporate Account:
• Minimum Deposit: $10,000.
• Eligibility: Designed for legal entities and businesses.
• Markets: Similar access to the standard account.
• Demo Account:
• Minimum Deposit: $0 (virtual funds of $100,000).
• Purpose: Allows users to practice trading without financial risk.

　　

eToro Broker Account Opening Process

　　Opening an account with eToro is a straightforward process that can be completed in a few steps:

• 　　Visit the eToro Website: Go to eToro.com.

• 　　Click on "Join Now" or "Trade Now": This will direct you to the registration form.

• 　　Fill Out the Registration Form: Provide your personal details such as name, email address, and password. You can also sign up using Facebook or Google accounts.

• 　　Agree to Terms and Conditions: Review and accept eToro's terms and conditions.

• 　　Verify Your Email: Check your email for a verification link from eToro and click it to confirm your account.

• 　　Complete KYC Process: Submit required documents including proof of identity (passport or ID card) and proof of residence (utility bill or bank statement).

• 　　Fill Out a Questionnaire: Answer questions regarding your trading experience, financial situation, and investment goals.

• 　　Fund Your Account: Deposit a minimum amount (usually starting from $10) to begin trading.

　　Once these steps are completed, your account will be ready for trading, and you can start exploring the various features offered by eToro.