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

Introduction

As a Dutch investor who has navigated the complexities of online trading, I've tailored this guide to offer essential insights into eToro, specifically for those in the Netherlands. My firsthand experience with this platform has equipped me with a deep understanding of its nuances, ensuring that the information provided is not only reliable and up-to-date but also safe and practical.

This concise guide is a result of thorough research and personal application, designed to assist Dutch traders in making informed decisions with this broker. It's a blend of expertise and effort, aimed at demystifying the trading journey for my fellow investors

in the Netherlands.

Key details for Netherlands residents of eToro
🇳🇱 Accepts Dutch Traders ✔️
💰 Minimum Deposit  $100
🛍️ Market Types Stocks, Commodities, Currencies, Indices, Crypto CFDs, ETFs
🏛️ Regulation Cyprus Securities Exchange Commission (CySEC)

Open an account!

51% 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.

 

 

Operation Under eToro (Europe) Ltd.

Under the supervision of eToro (Europe) Ltd., a financial entity authorized by the Cyprus Securities Exchange Commission (CySEC) with license #109/10, eToro is permitted to extend its trading services to Dutch traders among other European nations. 

No matter your location in the Netherlands, be it Drenthe, Gelderland, Groningen, Flevoland, Friesland, Limburg, Noord-Brabant, Noord-Holland, Overijssel, Utrecht, Zeeland, or Zuid-Holland, all Dutch citizens of legal age are eligible to establish an account and initiate trading activities with eToro.

 

Office in the Netherlands?

Despite not having a brick-and-mortar branch in the Netherlands, eToro's service provision to Dutch residents remains unhampered. The operational base for eToro (Europe) Ltd. is situated in Cyprus, with the address as follows:

eToro (Europe) Ltd.

4 Profiti Ilia Str., Kanika Business Centre

7th floor, Germasogeia, 4046

Limassol, Cyprus

 

eToro Netherlands Phone Number

Although eToro currently lacks a dedicated local telephone line for Dutch clientele, its customer support department remains accessible via the following methods:

  • Support ticket: Upon logging into your account, you can open a case using the email address associated with your account. 
  • Live chat: Operating 24/5, this service is available only during weekdays. 
  • Email: You can directly email your concerns or queries to support@etoro.com without needing to navigate through a contact form.

Both the support ticket and live chat features can be accessed either through the Customer Service Center page or by visiting this link: etoro.com/customer-service.

 

Platform

compatible with both Android and iOS (iPhone or iPad) devices. Irrespective of your chosen platform, all features are fully accessible, enabling seamless execution of all trading activities.

For those who prefer to navigate in their native language, eToro's platform supports Dutch. To switch languages, simply navigate to Settings, select the General sub-menu, and there you'll find the option to set your preferred language, including Dutch or Nederlands.

 

Deposit Options for Dutch Clients

Dutch investors have multiple options to fund their eToro account:

  • iDEAL
  • Credit/debit cards
  • Regular bank transfer
  • PayPal (only available for 2nd and succeeding deposits)

One of the commendable features of eToro is its compatibility with iDEAL, an online payment system that lets you conduct transactions directly through your personal bank. Here are the banks that you can opt for when you select iDEAL as your preferred method for funding your trading account:

  • ING
  • ABN AMRO
  • Rabobank
  • ASN Bank
  • Bunq
  • Knab
  • Moneyou
  • RegioBank
  • SNS Bank
  • Svenska Handelsbanken
  • Triodos Bank
  • Van Lanschot

Take note: All transactions at eToro are carried out in USD. Hence, should you deposit funds in EUR, an automatic conversion to USD will take place, with a nominal conversion fee applied.

 

Minimum Deposit for NL Residents

In order to commence trading, an inaugural deposit is required, currently set at $100. The minimum requirement for subsequent deposits is equally maintained. However, for those opting for traditional bank transfers, a higher minimum deposit of $500 is necessitated.

 

Fees for Netherlands Clients

eToro's fee structure for Dutch traders aligns with that of traders from other countries. For instance, maintaining an open CFD position over the weekend incurs an overnight fee at a rate consistent for all traders, regardless of country of residence.

 

Withdrawal Fees for Netherlands Traders

The minimum withdrawal limit from your account is set at $30. Each withdrawal transaction will incur a flat $5 charge. This is a constant fee, regardless of the withdrawal amount. So, whether you opt to withdraw $30, $100 or $500, the transaction fee remains at a flat $5 per transaction.

 

Trading Dutch Stocks on eToro

eToro provides access to a variety of top-tier companies from the Netherlands, spanning multiple sectors such as finance, telecommunications, mining, consumer products, and real estate. Approximately 40 stocks listed on the Euronext Amsterdam are available on the platform, some of which include:

  • ASML Holding NV (AMSL.NV)
  • ING Groep NV (INGA.NV)
  • Prosus NV (PRX.NV)
  • Adyen NV (ADYEN.NV)
  • OCI NV (OCI.NV)
  • Signify NV (LIGHT.NV)
  • ASM International NV (ASM.NV)
  • Aegon NV (AGN.NV)
  • Heineken (HEIA.NV)
  • Just Eat Takeaway.com NV (TKWY.NV)
  • SBM Offshore NV (SBMO.NV)
  • TKH Group (TWEKA.NV)
  • Koninklijke Ahold NV (AD.NV)
  • Koninklijke Philips NV (PHIA.NV)
  • Akzo Nobel NV (AKZA.NV)
  • DSM-Firmenich AG (DSFIR.NV)
  • ABN AMRO Group NV (ABN.NV)
  • Flow Traders Cooperatief UA (FLOW.NV)
  • NN Group NV (NN.NV)
  • Post NL (PNL.NV)

Be aware that trading in physical stocks is only permitted without leverage. Leveraged stock positions are categorized as CFDs, or Contracts for Difference.

 

Amsterdam Index

Beyond Dutch stocks, the platform also affords the opportunity to invest in 20 indices, inclusive of the Euronext Amsterdam. This particular asset comprises stocks traded on the Euronext Amsterdam and is denoted as NL25. 

Please be aware that this financial instrument is traded as a Contract for Difference (CFD).

 

Registration for NL Residents

The registration procedure for Dutch residents aligns with the process for traders from other countries. Initially, you're required to designate your preferred username, email, and password.

You will need to acknowledge and accept the financial terms, disclosure statement, and services guide of eToro Europe Ltd. This entity is regulated by CySEC and authorized to cater to traders in your area. Therefore, it's crucial to verify that you're interacting with the correct company.

 

Top eToro Dutch Traders

Currently, some of the most distinguished Dutch traders engaged in the eToro Popular Investor program are listed below. These traders sustain a risk score between 4-5, with the most experienced trader having been active since 2017.

Top Dutch Traders on eToro
Trader Username Popular Investor Level
Jorden Boer @jordenboer Elite Pro
Mike Moest @aukie2008 Elite
Creative Media Art BV @creativemedia Champion 
Daan Keizer @daank14 Champion 

 

eToro Netherlands Stats

According to eToro's Q4 2022 Investor Update (March 2023), the latest data reveals that there were 2.8 million funded accounts. Importantly, as of December 31, 2022, 71% of these accounts were registered in the UK and Europe, a geographical span that encompasses the Netherlands.

 

Frequently Asked Questions (FAQ)

Can users from Netherlands trade on eToro?

Yes, both citizens and residents of the Netherlands are eligible to use eToro for trading. eToro, a worldwide online trading platform, caters to numerous countries, with the Netherlands among them. Dutch traders can create an eToro account, deposit funds, and begin trading a vast array of assets.

What are the fees on eToro for Dutch clients?

The fee structure is consistent across countries. A $5 withdrawal fee applies to all, regardless of country.

How do I open an eToro account in Netherlands?

To register for an account, follow these simple steps:

Visit eToro's official site at www.etoro.com and select "Sign Up".

Establish a unique username and password, and provide your email address.

Confirm your email by clicking the link sent to you by eToro.

Complete the application form, offering personal details like your address and birth date.

Provide a scanned copy of your government-issued ID for account verification.

Bear in mind, eToro might ask for further documentation for identity verification or to meet regulatory norms. Ensure you've thoroughly read and understood eToro's terms of service before account creation.

What documents do I need to verify my eToro account in Netherlands?

For Dutch residents needing to verify their eToro account, specific documents are required:

Government-issued ID: A valid document like a driver's license, national ID, or passport.

Proof of address: A document displaying your name and address, such as a utility bill or bank statement.

Payment method: A copy of the front and back of your credit/debit card or a screenshot of your e-wallet might be required.

Selfie: eToro could request a selfie of you holding your ID or a specific code.

Ensure the provided documents are clear, readable, and consistent with your account information. Verification might take a few days and additional documentation could be requested.

What can I trade on eToro if I am from Netherlands?

As a Dutch user of eToro, you're privy to a vast array of trading instruments. These encompass foreign exchange (forex), commodities, equities, market indices, cryptocurrencies, and exchange-traded funds (ETFs). The platform presents over 3000 distinct assets for your investment and trading needs.

Does eToro offer demo accounts in Netherlands?

Yes, after successfully registering a live account, traders in the Netherlands are also granted access to a complimentary demo account.

How can I find successful Dutch traders to copy on eToro?

If you're interested to copy successful eToro traders from the Netherlands, you'll need to access the CopyTrader feature on the platform, and configure the search filter to show only people from the Netherlands. You might also want to set the trading style, performance, risk score, and more to find traders who match your preferences

What trading platforms does eToro offer in Netherlands?

All of eToro's trading interfaces are available to traders in the Netherlands. This encompasses the web-based platform, which is accessible through web browsers, along with the mobile application, compatible with devices running either Android or iOS operating systems.

 

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. 51% 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.

Copy Trading does not amount to investment advice.  The value of your investments may go up or down.  Your capital is at risk.

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.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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 hasbeen 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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