How to create an account on eToro?

Would you like to open an account on the eToro trading platform? We offer a clear and concise guide to accompany you in this process. Regulated in France, the eToro platform is one of the most popular solutions for investing in any type of assetbe it stocks, cryptocurrencies, Forex and even precious metals.

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Create an account on eToro

For create an account on eToro, click on this link to get to the platform login page. Click at the bottom of this window on ” You do not have an account ? Sign up “.

Now that you are on the registration page, you can register on eToro with a Facebook account or a Google (Gmail) account.

For practical reasons, we will proceed with a classic registration on eToro, that is to say by entering a username, an email and a strong password. Once done, read and accept the different terms of use presented by eToro:

💡 It is important that your password is exclusively used for your eToro account and that it is sufficiently complex using special characters, mixed upper and lower case letters, as well as several digits, in order to ensure its security.

Identity verification (KYC) on eToro

In order to finalize your registration on eToro and start trading cryptocurrencies and other financial products on the platform, you need to provide some additional information.

Note that this information will not be used for advertising purposes, but is necessary to follow eToro’s internal user identity verification procedure (KYC). Moreover, this procedure is a prerequisite for providing investment and trading services in France.

To start verifying your profile on eToro, please fill in your last name, first name, gender and date of birth:

Afterwards, eToro requires you to provide your address and country of residence. Before continuing, check the box “I am not a US citizen / I was not born in the United States”. Next, you will need to accept the changes made to your eToro account.

You will then be offered a short questionnaire to finalize the verification of your profile:

After completing the questionnaire, eToro will assess your knowledge of the products offered on the platformincluding derivatives and leveraged trading:

Continue the verification process by providing the following information: your investment plans, your trading strategy, your objectives, your attitude towards risk and your financial situation. On the next page, enter your phone number and enter the code received by SMS:

In order to continue verifying your eToro account, you will need to provide an identity document (passport or identity card) as well as proof of address. Finally, you will also be asked to fill in your tax number, a requirement of eToro to comply with French regulations.

Once these steps are completed, you will have to wait a few minutes for your documents to be validated. You will then receive an email confirming that you are authorized to use the eToro platform to purchase cryptocurrencies and other products.

Congratulation ! Your eToro account is now fully validated and you can now invest in the financial assets of your choice. However, before going any further, we strongly advise you to activate the

💡 Now you want to know how to use eToro to invest? Read our review and tutorial on eToro

Buy crypto on eToro in minutes

There double authentication (2FA) is a security mechanism that adds an extra layer of protection to your online accounts. Available on eToro via SMS verification, it works by asking the user to enter two different codes to access their account: the usual password as well as a unique verification code sent by SMS to their mobile phone.

The main advantage of SMS double authentication is that it makes it much more difficult for hackers to access your online account. even if they manage to find or guess your password. Indeed, even if a malicious person knows your password, he will not be able to access your account without also having access to your mobile phone to retrieve the verification code sent by SMS.

In sum, double authentication is a simple and effective security tool that can help protect your eToro account and your investments. It is for this reason that we strongly recommend that you activate this security option in your eToro account. Here’s how.

Activate two-factor authentication on eToro

From the eToro home page, go to the ” Settings in the lower left corner, then click the ” Account “. On the right of this page is the “Security” tab. This is where you can activate two-factor authentication on eToro:

To set up 2FA, an SMS will be sent to your mobile phone. Enter the code it contains on eToro to complete the process. Unfortunately, 2FA via applications such as Google Authenticator is not yet available at the time of writing these lines.

Now, each time you want to log in to eToro, you will receive a temporary code on your mobile phone, which will be required to access your account.

💡 Find our guide to buy Bitcoin with ease

Buy crypto on eToro in minutes

Editor-in-chief of Cryptoast, I discovered Bitcoin and blockchain technology in 2017. Since then, I have been striving to share quality content so that the sector becomes more democratic for everyone.

Clement Wardzala

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