Is eToro Wallet Secure?

Written by Mike Druttman

Fact checked by Nick Zelver

Updated Feb, 2025

Yes, the eToro wallet is secure. Designed with top-tier security in mind, it packs multiple layers of protection to keep your crypto assets safe from prying eyes, cyber threats, and unauthorized access.

Here’s what makes it rock-solid:

• Private Key Control: You own your private keys. No third parties, no middlemen—just you and your funds.
• Two-Factor Authentication (2FA): An extra security step that makes sure only you can access your wallet, even if someone gets your password.
• Multi-Signature Transactions: It requires multiple approvals before executing a transaction, making it way harder for bad actors to move your funds.
• DDoS Attack Protection: This shields against cyberattacks that could disrupt access to your wallet.
• Industry-Standard Security Protocols: The wallet is built to meet the highest security benchmarks in the industry.

Now, while this wallet's security is impressive, your habits matter too. I always use strong and unique passwords. In fact, I usually change it every month! And as much as possible, I turn on all thee available security features. I mean, it's not much of a hassle to verify my access because security these days, isn’t just a feature that's optional—it’s already a HUGE necessity.

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.