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Wikitoro author Wikitoro Team Written by Wikitoro Team
Wikitoro fact checker Nick Zelver Fact checked by Nick Zelver
Updated Feb, 2024

Opening an eToro account in Italy is a quick and easy process that can be done online. Initially, you'll need to provide your email address, select a preferred username, and set a password. To complete the setup, you'll be required to verify your identity and provide proof of your address.

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76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

 

Intro

For Italians keen on trading through eToro, the first essential step is opening an account with this renowned broker. If you're wondering about the process's complexity or the specific actions needed for Italian residents, I'm here to assist.

As someone who has personally gone through this process in Italy, I can offer insights and guidance that should align with your experience. Keep in mind that these steps I will share are applicable for residents of Italy only and this does not include other nationalities visiting Italy.

 

The Step-by-Step Process

In my case, opening an eToro Italy account involved only a few steps: 

  1. Website or App Visit: Begin by visiting their website or downloading the eToro app. Both platforms offer a seamless registration process. Click on "Join Now" to get started.
  2. Creating Your Account: Choose your preferred username and password, and enter the email address you plan to use. You also have the option to sign up using Facebook or Google accounts, but I found the standard email method more to my liking.
  3. Accepting Terms and Conditions: Carefully read and agree to the financial product terms, product disclosure statement, and financial services guide. Confirm that your data will be handled according to eToro's privacy and cookie policies. Important: Ensure that you are accepting the conditions of "eToro Europe Ltd." If you see a different entity listed, verify your location settings or ensure you're not using a VPN.
  4. Activating Your Account: After clicking on the "Create Account" button, proceed to verify your email address by checking your inbox.

 

Additional Steps After the Initial Registration

Once your account is active, you'll gain access to the interface, including the demo account. For some reason, they don't call it demo but rather "Virtual Portfolio." This feature is excellent for practicing trades and exploring the features of the platform risk-free. To engage in live trading, you'll need to complete the account verification process, which I found to be quick and straightforward.

 

Significant Points

  • Ease of Registration: Both the website and app offer an easy and swift registration process.
  • Verification is Key: Complete the verification promptly to unlock all trading features.
  • Utilize the Virtual Portfolio: The demo account is an excellent tool for beginners to practice trading.

Opening an eToro account in Italy is designed to be a smooth and efficient process. My experience from registration to trading was straightforward, and by following these steps, yours should be too.

Remember: Whether you choose the website or the app, the steps remain consistent and easy to follow.

 

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.

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.

Wikitoro author Wikitoro Team About Wikitoro Team

The Wikitoro Team is a dynamic group of five seasoned eToro traders who have been actively using the platform since 2018. As pioneers in establishing the Wikitoro wiki site, we are dedicated to ensuring the accuracy and reliability of the information we provide. Our team regularly verifies data and content from our authors and contributors, taking turns to meticulously review each piece. Our commitment is to offer our readers factual and precise information, reflecting our extensive experience and deep understanding of the eToro platform.

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76% of retail investor accounts lose money