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Wikitoro author Wikitoro Team Written by Wikitoro Team
Wikitoro fact checker Mike Druttman Fact checked by Mike Druttman
Updated Feb, 2024

Yes, eToro is available in Luxembourg. The registration, verification, and deposit processes are straightforward, with no restrictions for Luxembourg residents. Users in Luxembourg can access all features, including crypto trading and copy trading.

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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.

 

A Resident's Exploration of Availability

When I recently saw an ad for eToro, I was immediately drawn to its features, especially the ability to buy cryptocurrency and its copy trading feature. However, as a resident of Luxembourg, I was uncertain if this broker was operational in my country.

To find out, I decided to embark on a personal journey of discovery. Here, I'll share my experience with this broker and whether their services are available for Luxembourg residents.

Let's dive into the results of my exploration.

 

Starting Point

My journey began on the eToro website and then going to the registration page. This was a crucial moment, as based on my past experiences with other brokers and online services, I would typically receive a warning at this stage if users from my country were not accepted. However, no such warning appeared.

 

Verification: Works

After completing the quick registration process, I received an email from eToro requesting that I verify my account. Following these instructions, I gained access to their platform, marking my first success. The next step was to complete the full verification, which they stated was mandatory. This process was surprisingly efficient, taking no more than 15 minutes.

 

Deposit: Works as Well

With verification out of the way, I proceeded to make my first eToro deposit. In Luxembourg, the minimum deposit amount is $100. To my relief, the transaction was successful. Once my account was funded, I had full access to the platform, where I could trade a variety of products and buy cryptocurrency. Another feature I found particularly impressive was the accessibility of the eToro copy trading feature through the CopyTrader system.

 

The Bottom Line?

This experience clearly demonstrates that eToro Luxembourg users will be able to register and use the platform. The seamless registration, verification, and deposit process, along with the ability to access all advertised features like crypto purchases and copy trading, confirm this broker's operational status in Luxembourg.

In conclusion, for residents of Luxembourg wondering about the availability of eToro, my personal experience serves as a testament that the platform is not only available but also fully functional in Luxembourg, offering a comprehensive range of trading options and features.

 

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