How to Open an eToro Account
(2026, European investors)
eToro is one of the few EU-regulated brokers offering $0 commission on ETFs, fractional shares from $10, and built-in recurring investment plans. The full application takes around 20 minutes — this guide covers every screen, every required document, and every fee you’ll encounter before your first trade.
What you’ll need to open an eToro account
Prepare these before you start the application. Having documents ready prevents the most common drop-off point — the verification stage.
- Valid passport
- National ID card (both sides required)
- Driving licence
- Residence permit
High-resolution colour photo only. Black-and-white copies and screenshots are rejected automatically.
- Utility bill (gas, water, electricity, internet)
- Bank or credit card statement
- Council tax or government rental letter
Must be dated within the last 3 months. Must be a different document from your POI. Mobile phone bills are not accepted.
Required for all EU and UK residents. US residents must provide their Social Security Number (SSN) instead. This is entered during the profile completion step, not the document upload step.
- $50 — most EU countries
- $10 — United Kingdom
- $500 — wire transfers (all regions)
Card, PayPal, and local payment methods accepted. Live trading only activates after the first deposit clears.
Create your login credentials
The first screen is quick. You’re creating a login only at this point — no personal or financial data yet. Use desktop or the browser app rather than the mobile app for the initial registration.
- Go to eToro’s registration page and click Join Now or Create an account.
- Choose your sign-up method: email + password, Google, Facebook, or Apple.
- If using email: enter your desired username, email address, and a password. Accept the Terms of Service and Privacy Policy.
- Check your inbox for a confirmation email from no-reply@connect.etoro.com and click the verification link.
- Your $100,000 virtual portfolio activates instantly. Live trading requires steps 2 through 4.
Complete your profile and suitability questionnaire
This is the longest section. eToro is regulated and required to collect full KYC data and assess your suitability. Answer every field accurately — discrepancies between your answers and your uploaded documents trigger manual reviews.
- Full legal name (as on ID)
- Date of birth and place of birth
- Country of citizenship
- Residential address
- Tax identification number (TIN)
- Employment status and annual income
- Net worth and source of wealth
- Investment goals and risk tolerance
- Trading knowledge and experience
Low scores on the experience questionnaire restrict CFD and CopyTrader access — they do not block ETF investing.
At the end of step 2, eToro sends a 6-digit SMS code to your mobile number. Enter it on screen to confirm. Must be a real SIM — VOIP numbers are not accepted. If you don’t receive the code, check that you’ve selected the correct country dialling prefix.
Upload your identity and address documents
Document rejection is the most common source of delays. Most rejections are avoidable. Read the requirements below before uploading anything.
- High-resolution colour photo or scan
- Full name, photo, date of birth, and expiry date must be visible
- ID cards require both front and back
- No cropped edges, glare, or shadows
- Document must not be expired
- Issued within the last 3 months
- Full name must match your eToro registration exactly
- Current residential address must be clearly visible
- Issuing authority’s logo or letterhead required
- Must be a different document from your POI
POI rejections
- Black-and-white copy or screenshot
- Expired document
- Missing back of ID card
- Blurred or cropped image
POA rejections
- Document older than 3 months
- Name mismatch with registration
- Same document used for both POI and POA
- Mobile phone bill (not accepted)
Verification typically takes 1 to 2 business days. If manual compliance review is needed, allow up to 3 business days. You can track your verification status at any time via Settings > Verification Centre.
Fund your account and make your first trade
Live trading activates only after your first deposit clears. Select your deposit method on the Deposit Funds screen inside the platform.
| Region | First deposit | Subsequent deposits |
|---|---|---|
| Most EU countries | $50 | $50 |
| United Kingdom | $50 (first); $10 (subsequent) | $10 |
| UAE / GCC | $100 | $100 |
| Israel | $500 | $500 |
| Wire transfer (all regions) | $500 flat minimum | $500 |
- Search for a stock or ETF in the top search bar
- Click Trade to open an order ticket
- Set amount (min $10 for fractional shares)
- Use Market Order for immediate execution
- Web platform — recommended for new accounts and initial setup
- Mobile app — iOS and Android; full trading functionality
- Virtual portfolio — $100k demo, available from step 1 without funding
eToro fees for EU investors: what to expect
eToro’s fee structure is straightforward for long-term ETF investors. The zero-commission headline is accurate — the fees that matter are FX conversion on non-EUR assets, the withdrawal fee, and the inactivity charge if you go dormant.
| Fee | Amount | Notes |
|---|---|---|
| ETF commission | $0 | All ETF trades, no threshold |
| Stock commission | $1–$2 per trade | Varies by country and exchange |
| FX conversion — EUR account, EUR assets | 0% | Standard EU UCITS ETF investors pay no FX |
| FX conversion — EUR <> USD transfers | 0.75% | Discounted rate through June 30, 2026; 1.5% standard |
| Platform fee | $0/month | No custody or subscription fee |
| Fractional shares minimum | $10 | Stocks and ETFs |
| Withdrawal fee | $5 flat | Per withdrawal request; minimum withdrawal $30 |
| Inactivity fee | $10/month | Triggered after 12 months without logging in |
For a detailed breakdown of all eToro fee scenarios — including CFDs, spread costs, and currency conversion edge cases — see the eToro fees explained page.
How to set up a recurring investment plan on eToro
eToro supports automated recurring investments on stocks, ETFs, and crypto. You can schedule weekly, bi-weekly, or monthly purchases directly on a specific asset — no third-party tool needed.
- Open the asset you want to invest in (stock or ETF).
- Click Trade to open the order ticket.
- Toggle Recurring Investment on the order screen.
- Set your amount, frequency (weekly / bi-weekly / monthly), and start date.
- Confirm — the plan runs automatically on your chosen schedule.
- Real stocks and ETFs
- Crypto assets
- CopyTrader (Popular Investors)
- Smart Portfolios (thematic)
- CFDs cannot be automated
- Leveraged and inverse ETFs excluded
- Minimum matches first-deposit regional minimum
- If market is closed on scheduled date, deferred to next open
Ready to open your eToro account?
Prepare your photo ID and a proof of address dated within 3 months. The application takes around 20 minutes. Minimum first deposit is $50 (EU) or $10 (UK).
Frequently asked questions
What is the minimum deposit to open an eToro account in Europe?
The minimum first deposit is $50 for most EU countries. UK residents can open with $10. Wire transfers carry a flat $500 minimum regardless of country. Subsequent deposits after the first have lower minimums: $10 in the UK and $1 in the US.
How long does eToro account verification take?
Verification typically takes 1 to 2 business days. If manual compliance review is required, it can take up to 3 business days. German residents face an additional step — a live video ID call via IDnow or a micro-transfer bank verification via Solaris — which is mandatory under German AML regulation.
Can I use eToro before verification is complete?
Yes. The virtual portfolio ($100,000 demo) activates instantly after step 1. For real-money trading, you can deposit and trade up to a cumulative cap of $2,250 before full document verification is strictly required. Beyond that threshold, live trading is locked until documents are approved by eToro compliance.
What documents does eToro accept for proof of address?
Utility bills (gas, water, electricity, internet), bank or credit card statements, council tax letters, and government-issued rental agreements are all accepted. The document must show your full name, current residential address, and be dated within the last 3 months. It must be a different document from your proof of identity. Mobile phone bills are not accepted.
Does eToro charge fees for ETF trading?
No — ETF trades are $0 commission. EU investors holding a EUR account and buying EUR-denominated UCITS ETFs also pay 0% FX conversion. The main ongoing costs are the $5 flat withdrawal fee per withdrawal and the $10/month inactivity fee, which is only triggered after 12 consecutive months without logging in. Simply logging in resets the inactivity clock without any required action.
Is eToro available in all EU countries?
eToro operates in over 75 countries including the UK, most EU member states, Australia, and the UAE. Availability can change and some jurisdictions have restricted or limited access. US citizens residing outside the US cannot use the platform. Always verify your country’s current eligibility on eToro’s official website before applying.
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