You are leaving Financial-Expert.co.uk to visit etoro
Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.
What we'd want to know before joining a stockbroker:
eToro Registration - At a Glance
The registration process in four steps
Basic info
Enter contact information such as name & email, and choose a passwordRisk profile quiz
Help eToro choose the services which match your risk profile by answering some quick questionsDeposit details
Setup a linked bank account to fund your trades, and pick an initial deposit amount (minimum $100)Why am I asked to deposit in US Dollars?
eToro accepts £ deposits, and converts this balance into $ automatically. A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Why? Because most large publicly traded company shares are priced in $. These include Apple, Tesla, Netflix, Disney & Google. Having a $ balance means no FX conversion is required when buying and selling these shares using a USD cash balance.
You can still trade in UK shares, and any withdrawals will return to your bank account in £.
Identity check
If automated verification checks aren't sufficient, provide additional ID or proof of addressID checks are a legal requirement
All UK banks, building societies and stockbrokers must carry out identity checks on their customers.
This complies with UK money laundering rules and provides extra protection against identity theft. It might be frustrating, but it's what responsible custodianship looks like.
eToro Regulation
Important information about this stockbroker
Company name
eToro UK Limited is a company registered in EnglandNumber of clients
eToro has over 38 million brokerage clients worldwideRegulator
eToro UK Limited is regulated by the Financial Conduct Authority. Its firm reference # is 583263FSCS Protection
Regulated activities that this firm has permissions for may be covered by the Financial Services Compensation Scheme. If this firm has failed, you can contact the Financial Services Compensation Scheme for helpFinancial Ombudsman Service
Regulated activities that this firm has permissions for may be covered by the Financial Ombudsman Service. If you have complained to the firm and they haven’t responded satisfactorily, you can contact the Financial Ombudsman for helpHow can I independently verify this information?
The regulatory information above has been reproduced without any modification, from the Financial Conduct Authority firm register. Click here to visit the FCA website to verify this information.
The customer data was taken from a public press release issued by eToro on 8 March 2021.
Risk warning
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don’t invest unless you’re prepared to lose all the money you invest.
This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Sign-up today to begin investing in shares with zero commission
Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.