Founded in early 2007, eToro's mission is to enable anyone to transact anywhere, anytime, and reduce reliance on traditional financial institutions, and it is known for its social copy trading capabilities and a wide range of cryptocurrency products.。

eToro is highly regulated by CySEC, FCA, ASIC, FINRA and FSRA and has been driving the development of financial technology since its inception.。In 2017, they launched CopyPortfolio, powered by machine learning, which revolutionized investing.。In addition, they have integrated Microsoft's AI technology into Momentum DD, demonstrating their commitment to leveraging the most advanced technologies for the benefit of users.。

How to open a real account？

Opening an account with eToro is simple and can be done in just a few steps。Here is a complete guide on how to open an account with eToro。

Go to the eToro official website and click "Join Now" in the upper right corner.。

Fill out the registration form and you can also register with a Facebook or Gmail account。But at this point, the author will show you how to register with an email account。

View eToro's Terms and Conditions and Privacy Policy。Make sure you are satisfied with it before agreeing。If you agree, please check the list。

Click "Create Account" to submit your information。

After applying to open an account, you need to verify the email used when registering。Open your email and view information from eToro。Please click "Verify my email"。

You will then be redirected to the Client Area Accounts page。

The next step is to complete the Know Your Customer (KYC) process。This helps eToro prevent money laundering and illicit financing。Just provide proof of identity (passport, etc.) and proof of residence (utility bill, etc.)。To perform KYC, click the "Verify" button in your client area。

You will then be asked to fill in information such as your full name, date of birth, etc.。Select the ">" button at the bottom right。Next, you will be asked to upload your profile such as your full name and address of residence。You can choose to use your ID card or passport。

Finally, your account has been successfully verified。Normally, the verification process takes up to 2-3 working days。

If a check mark appears under the account name, the account has been fully verified。

• 

How to open a demo account？

If you're not sure if you want to open a live account, you can open a demo account first。For steps to open a demo account, please follow the guidelines below。

Please log in to the eToro client area, in the lower left corner, click "Switch to virtual account" in the bottom menu。

Then, a pop-up window appears as follows。Please click "Switch to Virtual Portfolio" and you will be redirected to the home page of the demo account。

Select the Discover menu and you will see a large selection of assets including cryptocurrencies, stocks, ETFs, indices, commodities and currencies。In this example, I will try to select the Bitcoin tool。First, select Bitcoin。

Select the "Transactions" menu。Then, please select the "+" or "-" symbol to increase or decrease the notional amount of BTC assets purchased。If correct, please click "Open Trade" and your position order will be successfully executed。

To view position order history, go to the Portfolio menu。

eToro Account Types

In short, eToro offers four account types:

Personal (Retail) Account: This is eToro's default account type, perfect for most people, providing access to all assets, replication experts and smart investment tools。Despite limited leverage, account holders enjoy the highest level of consumer protection。

Professional Account: Increase your trading level with a professional account and unlock higher leverage for experienced traders (qualification required)。

Enterprise account: This account type is suitable for trading with the enterprise's own funds.。

Islamic accounts: Sharia-compliant, no interest or fees。Therefore, this kind of account is very suitable for Muslim traders。However, this account type is only available to users in certain countries。

---

Founded in early 2007, eToro's mission is to make transactions available to anyone, anywhere, and to reduce reliance on traditional financial institutions.。The company has headquarters in the UK, Cyprus, USA and Australia。

eToro (Europe) Limited is a financial services company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number # 109 / 10.。Meanwhile, eToro (UK) Limited is regulated and regulated by the Financial Conduct Authority (FCA) under license number FRN583263.。

As for eToroAUSCapitalPtyLtd, its legal status is recognized by the Australian Securities and Investments Commission (ASIC) to provide financial services under Australian Financial Services License 491139.。

As a 4-figure broker, eToro offers both short-term options for day traders and long-term options for investors, such as their innovative CopyPortfoliosTM, a fully managed thematic portfolio.。

Since 2007, eToro has been at the forefront of the fintech revolution.。The latest is CopyPortfolio, which was launched in 2017 and is powered by machine learning Al。In addition to developing CopyPortfolio, the company also integrated Microsoft's machine learning technology into MomentumDD.。

The new CopyPortfolio investment strategy uses artificial intelligence to find the most stable traders who are most likely to earn double-digit returns and bundles traders into a fully managed portfolio.。eToro has hundreds of financial assets available for trading, including stocks, commodities, crypto assets, currencies, indices and ETFs。Each asset class has its own characteristics and can be traded using multiple investment strategies。

Certain positions on eToro involve ownership of underlying assets, such as non-leveraged positions in equities and crypto assets。Using CFDs (CFDs) will make various options possible, such as leveraged trading, short (sell) positions, fractional ownership, etc.。For example, a trader can invest in gold at a minimum amount of $100, even if the price of a single unit of gold is $1,000.。eToro's most popular CFDs commodities include gold, oil, gas, silver and platinum。

Currency can only be traded on eToro as CFDs。In addition, CFDs allow short selling (short) positions and leveraged trading, even for assets that do not offer this option in traditional trading.。Some popular currency pairs include EUR / USD, GBP / USD, AUD / USD, USD / JPY and USD / CAD。

In addition, an exchange-traded fund (ETF) is a financial instrument consisting of several assets and is used as a tradable fund.。After opening an eToro account, traders can invest at least $250 in an ETF that sells for $500.。Some popular ETFs on eToro include SPY, VXXB, TLT and HMMJ。

However, eToro also offers other features through the use of CFD trading.。All leveraged ETF positions in the UK are regulated by the FCA。At the same time, all CFDs positions executed by eToro Australia are regulated by ASIC.。

The company also has other advantages。Of all tradable financial assets, eToro does not charge any deposit or transaction fees other than spreads。

eToro charges $25 for withdrawals, with a minimum withdrawal amount of $50。Non-leveraged long positions held in cryptocurrencies, stocks and ETFs are not executed as CFDs and are not charged。eToro charges overnight or weekend fees for CFDs positions, such as leveraged positions and short (sell) orders。

Update of fees always applies to open positions。Fees are subject to change at any time and may change on a daily basis based on market conditions without prior notice。

As a beginner, traders can use eToro's copy trading feature。Unlike the features of other brokers, traders can copy the strategies of professional traders for free without splitting into profits。As a result, 100% of the profit goes entirely to the trader.。For example, when Trader A, copied by Trader B, generates 10% profit this month, Trader B also earns 10% profit。

The company is the world's leading social trading network.。Since eToro operates in complete transparency, each trader has valuable information in their eToro profile, so it is helpful for other traders interested in copying their trades when creating their best portfolio。

Another unique feature of eToro is personalized social news subscriptions。Just like on any social media, traders can post their own updates in a subscription, comment on other people's posts, and gradually create a subscription that suits a trader's trading and investing interests.。On the eToro social trading platform, traders will also be notified when there are new posts and other important updates from traders。

---

With its mobile app, eToro offers the best option for traders looking for cost-effective trading in stocks, CFDs, forex and cryptocurrencies。The platform has free stock and ETF trading, a user-friendly account opening process, and the industry's widest selection of cryptocurrencies; it also has an active user community that provides social features, such as news feeds dedicated to specific currencies available for trading.。