does etoro offer bonuses?

jiwoco

hi everyone. im just wondering if etoro provides bonuses when you sign-up for an account. or maybe do they have some promotions?

AteNTICI

Unfortunately, eToro does not offer a sign-up bonus or a deposit bonus. However, it does offer a referral bonus.

Referral Bonus

eToro offers a $50 reward to anyone who can recommend the use of the social trading app to their friends. However, this comes with a condition that after your friend signed up and had their account verified, they would have deposited the minimum funds into their eToro portfolio and will need to complete a trade of at least $100.

How to Qualify for the Referral Bonus Program?

In order to earn a referral bonus for each successful referral, you need to follow these steps:

Register and sign-up for an eToro account.
Go to your profile and click on "Invite Friends" on the side bar menu.
Copy the link shown on the "Your Personal Link" box.
Start sharing it to your friends for them to sign up for an eToro account.
You will receive a notification when your referral has signed up for an eToro account.

Is There a Copier Bonus?

eToro also does not offer any copier bonus as there is also no charges for using the copy trading feature of the trading app.

Popular Investor Program: A Bonus for Traders Who Get Regularly Copied

If you become a successful trader on eToro, you will start gaining a large following of traders copying your strategies. When this happens, you must join eToro's Popular Investor Program to avail of a bonus for being copied regularly by several traders.

The more copiers and total copy assets ("AUM") an Investor who signed up for the Popular Investor Program has, the bigger the bonus they will get from eToro. Several Popular Investors gets as much as 2.5% of the total AUM annually on top of their earnings from their trading.

Simply put: "Get Copied, Get Paid". eToro's Popular Investor Program is a great way of availing another earning platform when using eToro aside from engaging in trading activities.

reigel

If I may add, once in a while, eToro puts up announcements regarding their bonuses or promotions. Like for example in 2020, they had a Crypto Trading Bonus promo for clients who would trade on cryptocurrencies which ran for a limited time.

Here's how they offered this limited promotion:

Sign up for an eToro account (for new users).
Deposit the funds into the account.
Open at least $5,000 worth of cryptocurrency trades in your portfolio.
Receive the $500 bonus.

Again, take note: This bonus is no longer active. I suggest you follow major updates from eToro's social media sites for any news about other promos.

jiwoco

i see. but why are they no longer offering bonuses anymore?

reigel

jiwoco They are not allowed to give out bonuses or any related promotion in accordance with the strict policies of the regulators where they currently have licenses. All forms of gratuities have been banned by CySEC and FCA as measures to protect retail clients which is the reason why almost all brokerages including eToro do not have bonus practices anymore. In fact, these regulators have been very strict regarding these promotions and they specifically published a guideline that they cannot offer them regardless if the offering is related to opening an account or trading. In short, they are barred from giving bonuses.