Etoro bonus code 2020
eToro is the largest Forex investment network in the world, as well as a leader in social trading. This free Forex trading site allows users to trade and invest online pleasantly and easily. On their website, users of managed Forex accounts can perform various trading operations and monitor their accounts. The broker is regulated by ASIC, FCA, and CySEC, so investors can be confident that they are working with a reputable broker.
etoro bonus code in 2020
eToro has more than a decade of experience and is the undisputed global leader in social trading. The broker started its activity in 2007, the founders set a goal to increase the availability of trade for the layman. The project started as a downloadable FX trading platform, after being launched in 2009 by WebTrader in 2009. eToro then launched OpenBook, the world’s first social trading platform, and in 2010, its mobile app in 2012. In 2013, promotions were added.
In 2015, eToro merged OpenBook with WebTrader and added CopyPortfolios the following year. After eToro added cryptocurrencies in 2017, bringing its services to us, Russia, and other markets, an unusual feat for a European broker.
When using the code, 100% is automatically added to the account.
The broker provides several important bonuses for users that distinguish it from other representatives:
- The eToro practice account allows a potential client to test the trading platform without any financial obligations with an Initial Deposit of up to $100,000 in virtual currency.
- Free exchange and ETF trading options.
- Popular and successful investors are returned up to 100% of the amount of all transactions, and the trader can expect to be rewarded up to 2% of the annual amount of funds.
How to register using the etoro bonus code?
Registration is very simple. For a start, go to the official website and scroll down to the register button. Also if the user appears for the first time on the site a window opens that encourages you to log in with your existing username and password or register in the system. The registration process is standard:
- Enter your email address and create your password. At this stage, you will be able to access the platform, but your account will not be fully created.
To continue, complete this process:
- Click on the “Menu” button in the upper-left corner, and then on “check my account”.
- Enter your first and last name and date of birth.
- In the next step, choose which accounts you want to create.
- Write down where you live and where you pay your taxes.
- Enter your address.
- You will see a window where you need to agree and accept the terms and conditions.
You must enter your data during registration, they are fully protected. To ensure that all data is protected from any unauthorized attacks by third parties, eToro uses SSL encryption technology. Finally, following the principles of openness and business ethics, eToro does not transfer personal data of customers to third parties without their permission.
In the last window, you must enter a code that will give you additional funds for registration. Throughout the registration process, the support service is ready to answer questions and help in difficult places.
After registration, a general summary table opens. Unlike traditional online platforms, the developers of the eToro platform were able to mobilize the “wisdom of the masses” to maximize the income of traders. The social trading platform allows traders to see each other’s statistics: open positions, yield levels, and used trading strategies in real-time. Thanks to this innovative approach to trading “OpenBook”, the broker eToro was able to remove all barriers between traders and spur the process of mutual training of traders, using the advantages of the social network.
etoro bonus code
eToro provides its clients with a lot of nice bonuses that attract users from all over the world:
- No deposit bonus. It is based on the fact that the investor trades, but does not invest their money. This bonus is very profitable for novice Forex brokers since there are no risks in this case.
- Welcome bonus. After the investor makes the first Deposit, welcome bonuses are credited. Each broker sets the amount of the bonus up to 100% of the amount of money deposited. In this case, 25%. In this bonus, it is important to highlight one significant drawback — it is very difficult to work out since you need to make a certain amount of trading to be able to withdraw funds.
- Bonuses for each Deposit. The amount of such bonuses is no more than 25% of the invested amount. There are also regular special offers that are limited in time but give great advantages.
Bonus Terms And Conditions
There is a simple referral bonus that rewards both you and the person you mentioned. eToro also has an affiliate program for partners who receive commissions for representing clients. You can also create a CopyPortfolio or Top Trader Portfolio to get commissions for all subscribers who copy your trades. One of the main conditions for each bonus is required to complete registration.
Is eToro a regulated broker?
Yes. eToro is subject to the rules in 2 different countries. In the UK, the broker is regulated by the financial supervision Authority, in Russia-by the relevant authority, taking into account the specifics of the country’s laws. Also, eToro is regulated by the Cyprus Securities and Exchange Commission (CySEC). Regulation by these two institutions means that eToro meets MiFID requirements.
Can I trust eToro: is it a scam?
The protection of personal and private data is provided by serious security measures that prevent all attempts of unauthorized access. The broker also uses SSL technology to protect important data on eToro servers from hackers.
How does eToro earn if it takes a small percentage from customers?
eToro does not charge any commissions to its traders. Instead, the broker makes money on the spread, which is added to the quotes provided to traders.
The quality of the platform
The platform is very easy to use, all charts are presented, and bonuses are clear even for beginners. The color scheme is pleasant to the eye, it does not strain even after a long time. It is also important to note high-quality graphics and high-resolution images.
Since eToro only allows trading in US dollars, any Deposit in another currency is converted to that currency upon receipt. The minimum deposit depends on the client’s region and country of residence and ranges from $200 for European clients and up to $ 10,000. Regardless of the amount you also deposit by the selected base currency of the account, it will be available as your eToro dividend, which is of course an advantage. There is no deposit fee.
eToro’s withdrawal requests are usually processed quickly, and customers should not have any problems withdrawing funds. Also, recently, starting in February 2020, eToro has significantly improved its withdrawal policy and created a withdrawal panel where the withdrawal process can be viewed along with other information. To withdraw funds, the user must fill out the withdrawal form in the checkout section of the site by clicking on the “withdraw funds” tab. The amount is entered in the form, and eToro will then notify the customer via email of the withdrawal process. Usually, funds are withdrawn using a credit card or bank transfer, in this order of priority.
For the first withdrawal, customers must submit a clear color copy of their passport, including their written signature, as well as a clean copy of a utility bill no older than three months that was mailed to your residential address. Also, if the deposit to top up your account was originally made using a credit card, you must provide a clear copy of both sides of the credit card.
eToro charges a $ 25 fee for withdrawals. Withdrawals take up to five days to process and maybe delayed even further due to payment methods, third-party withdrawals.
For mobile devices
When eToro started, their original trading platform was mainly aimed at new and inexperienced traders and included graphic animations depicting currencies competing with each other or participating in a tug of war. Since then, the broker’s previous platforms have been merged into the award-winning eToro all-in-one software, which is also available on Android and iOS and combines all previously available features. The eToro app is currently available in the iOS App Store or Google Play.
eToro is convenient for those who trade on the go, especially those who plan to use social trading features.
The simplicity of the platform makes it even more attractive for use on small mobile devices.
Traders who use charts as part of their trading strategy will still find mobile apps useful, although charts and graphs are always harder to view on smaller devices.
The functions of the mobile site do not differ from the version that opens with the browser. Management will not cause difficulties. Everything is concise, simple, and convenient.
If you look at it from the perspective of social trading, eToro is second to none. The broker’s intuitive trading platform allows traders not only to copy the trades of more experienced colleagues but also opens the possibility for traders to communicate in the social network of traders. Whether you are an experienced trader who wants to maximize the monetization of your knowledge and skills, or you are a novice trader without the proper experience — eToro is a great choice, and you can safely trade under its wing.
Top 3 alternatives to Etoro
- Fidelity is an online broker focused on the values set in the rules, offering exchange trades with a minimum amount of 20 rubles. The developer constantly conducts research, uses excellent trading tools, and the mobile app is easy to use. Serving more than 30 million customers, Fidelity is a winner for ordinary investors.
- TD Ameritrade provides a complete package of services for investors, including deals, fantastic trading platforms, excellent market research, industry-leading education for beginners, and provides reliable customer service. This outstanding comprehensive experience makes TD Ameritrade the best general broker in 2020.
- Founded in 1973, Charles Schwab is a full-service brokerage company with more than $ 3 trillion in total client assets. As a low-cost leader offering stock trading starting from a small amount, Charles Schwab provides investors with excellent stock research, quality trading tools, and professional planning for the future.