In this quick guide, I will show you in a step-by-step how to open an eToro demo account that is one of the most trusted brokers around the world!
Here are a few reasons why I chose eToro –
- eToro Offers Commission-free stock trading so essentially you will not need to pay any fees for buying stocks!
- With a minimum starting deposit of $50 it can be an affordable starting point for anyone.
- eToro is a regulated and licensed broker in the majority of the world, which is very important for the security of your funds!
- eToro is super user-friendly so as a beginner you should have no trouble finding your way around stocks!
- All the different assets we have spoken about in this course and many more are available on eToro, ETFs, index funds, stocks, commodities, etc.
So you are just a few clicks away from starting your journey.
Almost the entire world(Europe, Australia, Asia, etc)-
And if you live in the US –
(There’s a difference because they are regulated by different authorities – So make sure you click on the one suiting you)
Step By Step Guide to Opening an account with eToro!
Step 1
Once you click on the Opening account with eToro Link you will be directed to the following page –
Click on Create Account and the process will start!
And then you will be taken to the following page –
Step 2
The next step is to complete your profile, it’s a fairly simple and quick process so you should do it as soon as you open your account otherwise you won’t be able to use their platform and invest/trade!
Here you will need to fill out some personal details, And overall at this stage you will need to have a couple of documents ready,
· Your ID
· Utility Bill
– Any trading/Investing platform requires these documents because of knowing your client procedure, So if you are interested in trading or investing you will need to submit these documents at any trading platform!
– After finishing the questionnaire, You will want to add your phone number just for security.
– And once you’re done with that, You will need to upload directly to the website your ID/Passport and a Utility bill/Bank statement so they can Verify your identity. (You should have the docs prepared in advance)
– Walla! Your account is verified and ready for some Investing/Trading! So now to the last step!
Step 3
You’re almost there! just one more step.
Here you can use different ways to transfer money to your account, And once you make a deposit you should be able to start investing right away, Otherwise, if you just want to test the eToro demo account you can test eToro now with no issues
Etoro also has an interactive guide on the platform that can explain to you how to use everything in 3 minutes, So it should be a piece of cake to get up and running! See you on the market!
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