How to create an account on eToro?
Probably if you are new to the subject of Trading and Forex, and you are looking for a Broker that serves as a tool to be able to carry out investment operations in the capital market as a Trader, it is very possible that you have been mentioned or gone to the eToro platform to shine at some point, learn how to create an account on eToro to start in the world of investments.
However, before open an account on eToro It is important to know what this platform consists of? For this purpose, a short description Of the same:
What is eToro?
The important thing you should know is that eToro becomes an electronic Broker (en línea), which offers the particularity of be an intermediary between buyers and sellers, who participate in the capital market.
It has a diversified number of tools dedicated to Tradingoffering the feature of trade currencies, crypto assets, stocks and futuresas well as any other asset that applies, giving the opportunity to create a robust and diversified investment portfolio, as long as adequate knowledge or advice is available to delve into this type of operation.
If you dare to entrar the world of investments en línea, what better option to start than the eToro platformwhich presents significant advantages for each type of usuario, whether low, medium or high level of management of investment operations.
Steps to create a free eToro Account
The process for create an account on eToro It is basically fácil, you just have to follow the steps that are presented below in an explicit and intuitive way:
Step 1: Entrar the eToro website
If you do not have the exact web address, just write “eToro” in your favorite search engine (the most used is Google plus), it will present you in the first instance www.etoro.com/es, then you access by clicking and you will be redirected to the official portal .
Step 2: Join now
Upon entering the page, just go to the button that says “join now” either “Start now”, accessing with a clic, this will redirect you to a form, where you are presented with two options to create your account:
➢ Option A: Fill in the information fields: Nombre de usuario, Dirección de correo electrónico and Password.➢ Option B: Create an eToro account with your nombre de usuario Fb or account of Google plus.
If you selected option A, remember that it is It is mandatory to accept eToro’s conditions and policiesit is advisable to read and familiarize yourself with them before accepting.
In case of choosing option B, at the time you will be asked in the same way that accept the terms previously exposed then simply check each one after being satisfied with the information.
Step 3: Create account
Then you give the option “create Account” and in a few seconds it directs you to the interfaz of “eToro“there you cánido choose in the upper left, if you want to invest with your real portfolio, using money”real” or simply to practice your Trader skills you proceed to test the platform using the option of virtual portfolio (highly recommended for beginners).
Step 4: Complete investor profile
However, the system warns you that you must complete your investor profile, for which you must check “complete your profile” and thus in this way adapt the platform to your requirements and skills, both in the virtual account and in the real one.
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How to complete your profile in the eToro account?
The following steps are explained for beginners in Forex or with basic knowledge of Traderwho wish to trade or invest in the eToro platform, which are presented below:
Steps 1, 2 and 3 to complete the eToro profile
After locating the “complete profile” and clic on it, a window opens that says complete your profile, there you press the blue button that says “continue“, with the object that another window opens, so that you cánido add the data of your profile, presenting these as: name, middle name, last name, gender and date of birth.
It is clarified that these data must be added well, since they are decisive to verify the account.
Then you give the blue arrow located at the bottomto go to the next section of information in which the address, house number, city, postal code, country in which you radica is placed, you are asked to confirm if the country corresponds to your nationality, place the passport number and then if you are not a US citizen, confirm that you are not, and then clic on the blue arrow.
Step 4: Experience as an investor
At this stage of the process, the platform wants to know your investor experience, in securities, crypto-assets or leveraged products, in the event that you are an expert in investors, you perro select the information based on your experience.
Nevertheless, if you have little experience, it is recommended that you select values that you have never invested inyou place from one to ten times, and in leveraged products from one to ten times, this in order for your account to be accepted.
Step 5 and 6: Knowledge about trading and investments
During the step 5 you are asked explicitly, what is your knowledge about tradingin the event that you are a professional or academic in the field, you perro choose the options in relation to your experience, however, if you have little knowledge, it is advisable to choose the third option (blue folder) and continue.
In it step 6 you are evaluated investment knowledgeIt is important to read the question well to answer satisfactorily, if you are not clear on what to answer it is important that you investigateBefore choosing an alternative, the figure in step six espectáculos an example of a correct answer.
Step 7, 8 and 9: Types of investments and trading purposes
In step seven you will have the option to select the investments you want to make, the schools cánido be all or you select the most to your liking.
With respect to step eight it is advisable to choose the middle option, if you are a beginner Of course, in order to be able to copy other trades.
In the case of the step, the selection is personal in which you will choose which is your trading purpose inside the platform.
Step 10 and 11: Investor attitudes
Step 10 involves selecting which attitude you have as an investor towards risk, in which you select the option that you cánido afford to lose as a trader.
And in the option of step 11, Author Magazine recommends place the middle option, that is, 20% profit with acceptable losses of 12%.
Step 12: Questions
Then in this step you are asked an affirmation question, you just have to read and answer if it concerns you or not and then clic on next.
Step 13 and 14: Source of income to invest
In reference to step 13, you must answer where income is generated that will be used for the investment, you only choose what corresponds to you and you give it finished.
In step 14 you only have to entrar what applies to your financial statement, selecting source of incomewhat you do, name of your employer, your annual net income and total liquid assets.
Step 15 and 16: Telephone verification
At this stage you are asked verify phone numbertherefore, you select the country, the telephone number and clic on send mensaje de texto, then proceed to entrar the code, which is sent to you in order to verify your telephone number, and that’s it.
Step 17: Identity Verification
Already with 80% of your profile completed, you perro operate in most of the tools that it has, however, it is recommended verify identity with a valid identity document, be it a passport, national identity document, or an invoice for some service, this being important to fully enjoy all the benefits offered by the eToro platform.
This step perro be skipped by clicking on the upper right “x”, being able to do it at another time.
Step 18: Account created!
Finally you have finished the process stop open an account at eToro Remember that you perro use the virtual portfolio to test the platform and understand its features.
We hope we have helped you create an eToro account easily.
Any questions you have cánido articulo in the comments and we will try to help you.
Now to practice on your demo and invest like an expert!
Learn how to buy shares on Amazon by clicking here.
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