eToro Referral Guide
Updated April 10, 2021
Monetizing with eToro trading platform referrals
There are many trading platforms and brokers that offer a referral bonus. eToro is one of them.
When we discuss eToros referral bonuses, it is all about introducing new customers to the eToro trading platform.
eToro as a platform will transfer rewards and bonus amounts to your account if you succesfully refer traders that meet their minimum trading requirements.
If you are new to referral programs and are wondering how the etoro referral program works we will explain the concept here.
Understanding the working mechanism of a referral program
As a platform user, you will be assigned a referral link. You will need to share the referral link with people who intend to sign up to this platform. When the new user clicks on the referral link, creates an account and pays initial deposit, then you will get rewarded and the bonus amount will get transferred to your account directly.
There is no denying the fact that referrals can help you gain some extra money. The best part is that you can re-invest this amount in your trading strategy. So how much bonus you will get from eToro?
The bonus rules vary from platform to platform. Usually, the bonus amount lies between $50 to $100. The good news is that you can easily earn about 10 bonuses. The reason is that you can refer up to 10 people using your referral link.
What you must remember is that there are some terms and conditions to follow.
- Both you and your referred person must be a resident of a location that qualifies for the bonus.
- Your referred person will only be eligible if they have never signed up for your referred platform before.
- The referred person must be willing to make the minimum deposit as defined for their resident country.
- It is also crucial that your referral should use his individual payment method to make the payment. The essential aspect is that the referred person must make the deposit within 6-months.
- Once the referred person registers, it is vital that they verifies their account within a period of 6-months.
- Your reference should use real money for a closing a trade. It is also crucial that you have conducted a trade using real-world currency within the platform.
The process of referring a reference
If you have decided to refer someone to an eToro trading account, then you need to follow the following process.
- Firstly, you will need to login onto the trading platform. You will see the Invite Friends option on the right-hand side
- When you click on the Invite friends’ option a new tab will open in your browser.
- When you click on the link of this tab, you will receive the unique referral code. You should copy this link and share this link with your friends.
- If you are in a rush to get some quicker referrals, then you could paste the link on Twitter or Facebook. Anyone who uses this link to make a deposit means you could be eligible for a reward
Your responsibility does not end with sharing the link. If someone wants to become a skilled trader, then you should also share educational material with that person. Once they have the educational material related to the platform, it will become easier for them to excel.
It is also your responsibility to only share the links on reliable reputable platforms. The benefit of this practice is that new traders will not have to worry about being scammed. eToro has a great referral program, if you love the platform and think it can offer value to some traders you know why not earn from those referrals.
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We've collected thousands of datapoints and written a guide to help you find the best eToro Referral for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best below. You can go straight to the broker list here.
Reputable eToro Referral Checklist
There are a number of important factors to consider when picking an online trading brokerage.
- Check your broker has a history of at least 2 years.
- Check your broker has a reasonable sized customer support of at least 15.
- Does the broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering .
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below .
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 of 2021 compared
Here are the top .
Compare min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are . Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more that accept clients
| Broker |
eToro
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IC Markets
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AvaTrade
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Pepperstone
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FXPrimus
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Axitrader
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Swissquote
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forexmart
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phoenixmarkets
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ezinvest
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ETX Capital
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| Rating | |||||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA) |
| Min Deposit | 200 | 200 | 250 | 200 | 100 | No minimum deposit | 1000 | 1 | 500 | 500 | 100 |
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| Used By | 20,000,000+ | 180,000+ | 200,000+ | 10,000+ | 10,000+ | 10,000+ | 300,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4,WEB,desktop | MT4,mac,Android.iPhone/iPad | MT4,mac,Android.iPhone/iPad | MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with etoro |
Sign
Up with icmarkets |
Sign
Up with avatrade |
Sign
Up with pepperstone |
Sign
Up with fxprimus |
Sign
Up with axitrader |
Sign
Up with swissquote |
Sign
Up with forexmart |
Sign
Up with phoenixmarkets |
Sign
Up with ezinvest |
Sign
Up with etxcapital |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Your capital is at risk | Your capital is at risk | Losses can exceed deposits |
| Demo |
eToro Demo |
IC Markets Demo |
AvaTrade Demo |
Pepperstone Demo |
FXPrimus Demo |
Axitrader Demo |
Swissquote Demo |
ForexMart Demo |
Phoenix Markets Demo |
EZINVEST Demo |
ETX Capital Demo |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | BE, BR, KP, NZ, TR, US, CA, SG | BR, KR, IR, IQ, SY, JP, US | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, JP | US | BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL | BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL | US, BE, CA , SG, BE |
All in more detail
You can compare ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top for 2021 article further below. You can see it now by clicking here
We have listed top below.
eToro Referral Table of Contents
- eToro Referral Explained
- 6 Factors to Consider when Choosing eToro Referral
- Are Your eToro Referral Trusted And Established?
- Are The eToro Referral World Leading?
- What are the eToro Referral Commissions and Fees?
- What are the eToro Referral Funding and Withdrawl Methods?
- Find eToro Referral with Round-the-clock support?
- Make sure the eToro Referral Offer Comprehensive Trader resources?
- Why do eToro Referral need to be regulated?
- eToro Referral FAQ
- What are the best brokers?
- What is the best broker?
- Related eToro Referral Reviews
- Related eToro Referral Alternatives
- Related eToro Referral Comparisons
eToro Referral Explained
Trading the financial markets with eToro Referral when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for eToro Referral is the platform that a eToro Referral offer.
Choose eToro Referral that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need eToro Referral that you can rely on.
6 Factors to Consider when Choosing eToro Referral
Follow these five rules for selecting a broker that's right for you:
Are Your eToro Referral Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated eToro Referral broker is eToro. Established in 2007, and in operation for 14 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
Another top rated broker is IC Markets.
IC Markets was established 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
Pepperstone
|
FXPrimus
|
Axitrader
|
| Year Established | 2007 | 2007 | 2006 | 2010 | 2009 | 2007 |
| Head Office | Cyprus, UK | Australia | The British Virgin Islands | Australia | Cyprus | Australia |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) |
| Used By | 20,000,000+ | 180,000+ | 200,000+ | 10,000+ | 10,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | No | Yes | No | No |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit eToro | Visit IC Markets | Visit AvaTrade | Visit Pepperstone | Visit FXPrimus | Visit Axitrader |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | Losses can exceed deposits | Losses can exceed deposits |
Are The eToro Referral World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 2000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, eToro supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for eToro Referral is IC Markets . IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
Pepperstone
|
FXPrimus
|
Axitrader
|
| Instruments Available | 2000 | 232 | 1000 | 100 | 130 | 100 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | US | BE, BR, KP, NZ, TR, US, CA, SG | BR, KR, IR, IQ, SY, JP,US | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR,US, AU, SY, DZ, JP, EC. | US, JP |
| Forex pairs offered | 50 | 65 | 80 | 70 | 45 | 100 |
| Forex pairs offered | 50 | 65 | 80 | 70 | 45 | 100 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | Yes | No | Yes |
| Commodities Offered | 31 | 19 | 16 | 16 | 0 | 20 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | No | No | Yes |
| Stocks Offered | 2042 | 110 | 99 | 60 | 60 | 1000 |
| UK Shares | Yes | No | Yes | No | Yes | Yes |
| US Shares | Yes | Yes | Yes | No | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | No | Yes |
| Japanese Shares | Yes | Yes | Yes | No | No | Yes |
What are the eToro Referral Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated eToro Referral broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is 200.
Another top rated eToro Referral broker IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
Pepperstone
|
FXPrimus
|
Axitrader
|
| Min Deposit | 200 | 200 | 250 | 200 | 100 | 0 |
| Withdrawl Fees | Yes | No | No | No | Varies | Varies |
| Inactivity Fees | Yes | No | No | Yes | No | No |
| Deposit Fees | No | Varies | No | No | Varies | Varies |
| CFD Commission Fees | No | Yes | No | Yes | No | Yes |
What are the eToro Referral Funding and Withdrawal Methods?
When dealing with eToro Referral having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
Pepperstone
|
FXPrimus
|
Axitrader
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | No | No |
| Skrill | Yes | Yes | No | Yes | No | No |
| Payoneer | No | No | Yes | Yes | Yes | Yes |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes |
Find eToro Referral with Round-the-clock support?
Customer service is very important when dealing with eToro Referral.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
eToro Referral customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, Italian
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
Pepperstone
|
FXPrimus
|
Axitrader
|
| Support |
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| Languages | English, German, Spanish, French, Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Italian, German, French, Greek, and Hebrew | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian | English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic |
| Learn More | Visit eToro | Visit IC Markets | Visit AvaTrade | Visit Pepperstone | Visit FXPrimus | Visit Axitrader |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | Losses can exceed deposits | Losses can exceed deposits |
Make sure the eToro Referral Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and IC Markets work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do eToro Referral need to be regulated?
A regulated eToro Referral broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
eToro Referral brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
eToro Referral List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4,WEB,desktopCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4,mac,Android.iPhone/iPadCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4,mac,Android.iPhone/iPadCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account