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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 Spain. Users in Spain can successfully register, verify their accounts, and make deposits on the platform. The full range of features, including cryptocurrency purchases and copy trading, are accessible to Spanish residents.

Open an account!

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.

 

My Exploration of eToro's Availability in Spain

When I first encountered an advertisement for eToro, I was captivated by its unique features, notably the opportunity to purchase cryptocurrency and the intriguing copy trading function.

As a resident of Spain, I found myself wondering if this broker was operational in my country. To satisfy my curiosity, I embarked on a journey to discover the availability of this brokerage firm in my country.

 

Beginning the Exploration

My quest started by going to the registration page and attempting to open an account. Based on my previous experiences with various brokers and online services, a notification typically pops up at this stage if users from my country are ineligible. To my surprise, no such warning materialized.

 

Verification Process: A Success

Upon completing the registration, I promptly received an email from them, asking me to verify my account. Following the instructions, I accessed their platform, marking an initial triumph. The full verification process, deemed mandatory, was swift and took barely 15 minutes.

Here's a tip: Be sure to have a goverment-issued ID and your latest utility bill with you because you'll need these for the authentication. I haven't received my latest phone bill yet at that time so I requested my operator to send me a copy via email.

 

Deposit: Smooth and Efficient

Post-verification, I moved on to deposit funds. Take note that the minimum deposit amount for eToro Spain clients is $50. I was relieved when the transaction smoothly went through.

With my account funded, I gained complete access to the platform, enabling me to trade various products and buy cryptocurrency. The ease of accessing the copy trading feature via the CopyTrader system was particularly noteworthy.

 

Final Verdict

My experience unequivocally confirms that this platform is accessible and fully operational in Spain. The seamless registration, efficient verification, and trouble-free deposit process, coupled with the availability of all advertised features like crypto purchases and copy trading, solidify eToro's presence in Spain.

 

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