Opening eToro Account Dubai, UAE

If you are new to eToro, here are basic info how create new account. How to buy and sell in eToro and using the copy trade feature. Here are easy steps to create account in eToro.

Creating Account
1. Go to https://www.etoro.com/accounts/sign-up click the “Sign Up”
2. Fill in you personal information that is required. You can also create account using your Facebook or Google account info. Using either Facebook or Google will prompt to enter password or authentication to use your account info.

3. Enter strong password

4. Once all the relevant information is filled, take time to review the details and read through the Terms & Conditions and privacy policy before agreeing or checking the appropriate box. 

Accept Terms and Conditions
Accept Privacy policy
Click create account button to submit your information

5. You will be redirected to your dash board for the time. Next is to get yourself verified so can start funding your account. Click “Verify” button and provide the necessary info.

5.1 Complete your profile by completing all the required info

etoro profile

5.2 Gender and birthday

etoro UAE

5.3 You address

etoro UAE Address

5.4 Your trading or investing experience

Your trading or investing experience

5.5 Your experience about trading using leverage

5.5 Your experience about trading using leverage

5.6 Your trading knowledge

Your trading knowledge

5.7 Q&A to asses your trading knowledge

Q&A to asses your trading knowledge

5.8 What are you planning to invest in (stocks, crypto, currencies, commodities and indices)

What are you planning to invest in (stocks, crypto, currencies, commodities and indices)

5.9 Trading strategy, from short term to long term

Trading strategy, from short term to long term

5.10 Purpose of trading, short term returns, additional revenues, future planning or saving for a home

Purpose of trading, short term returns, additional revenues, future planning, saving for a home

5.11 How much you plan to deposit over a year and your risk appetite

How much you plan to deposit over a year and your risk appetite

5.11 Others

5.12 Financial status, from source of income to assets

5.13 Verify your phone, UAE numbers is supported by eToro

5.14 Proof identity, you can upload passport, driver’s licensed or Emirate ID if you are based in UAE. Click here to check your status.

proof of identity

5.15 Proof of address, you can upload utility bills or bank statement with your current address on it.

proof of address

5.16 Tax Identification Number

If all is set, congratulations you have eToro verified account. Click here to check your profile status.

Depositing Fund in eToro

When you are done with your registration, you can proceed and deposit fund to your account. You can deposit using the following

  1. Debit / Credit Card
  2. Paypal
  3. Neteller
  4. Skrill
  5. Bank Transfer
deposit etoro

Depositing fund to eToro is free. I used ADCB and Emirates NBD debit and credit cards to fund my account. There is 3.5% credit card bank fee.

eToro Buying and Selling Stocks (How to trade in eToro)

Upon funding your account you can now buy stocks, crypto or commodity you would like to put in your portfolio. Here’s the basics you need to know

etoro buy and sell
  1. BUY and SELL button, be sure to check if you in BUY or SELL form (dark grey button is selected in this case is BUY)
  2. This is the current market price if the market is open else it is the closing price after market close
  3. Rate, by default its in TRADE if market is open – showing the current market price (you are buying the current market price)
  4. Order, you will set your desired price. Your order will be triggered if your price is reached
  5. Units – how much worth of stocks you are buying
  6. TAKE PROFIT – target price (gain), STOP LOSS – price you sell the stock if its in loss
  7. LEVERAGE, by using you are this you will x2 or x5 your capital but you will be charge for overnight fees depending on the leverage you set (9)
  8. Set Order – Buying or selling will be executed when the price you set is reached
    Open Trade you are executing the order at the current market price
  9. Overnight fee applies daily and weekly if you are using Leverage (7)

*If you are buying without LEVERAGE, there are no fees (No management fees, No rollover fees, No ticket fees, No additional broker fees). Click here to learn more.

How to Withdraw from eToro UAE

  1. Click Withdraw from the left menu

2. The form will show, available balance to withdraw. Input the amount you want to withdraw

3. Select where the funds will be deposited, by default it will go to the bank which you use to deposit you funds. Else you can add other payment method, then click “Submit Request” button

4. You will see withdrawal confirmation if the the processed was successful.

The funds will be credited to your account, in this case – ADCB account.

How to Make Money on eToro UAE

Like other stock broker you can buy stocks, crypto and commodities in eToro. Depending on your strategy, you be short term, mid or long investor. For beginners without technical and fundamental knowledge in trading or investing, you can benefit from eToro’s copy trading feature, you can copy individual (CopyTrader) or the copy ready-made portfolios. You will be able to gain from capital gains or dividends of the stock inside the trader’s portfolio or ready-made portfolio you are copying.

CopyTrader – You can filter and select a trader you like to copy, depending on their risk profile and the assets they managed. All of the details of each traders can be viewed individually, the yearly stats, assets in the portfolio and the comments / strategies from the trader.

etoro copy trader portfolio

Ready-Made Portfolio – eToro made it easy for beginner to select portfolio to copy with these ready-made portfolios.

eToro ready made portolio

You can also buy stocks, crypto or commodities you researched has potential upside.

eToro sample portfolio

Sample earnings for almost a year holding. Adding certain amount every other month. Rather than putting all your money in the bank. Try looking into investing in equities with higher annual returns.

*Disclaimer: This is not financial or investment advise, earnings and details is for information and learning purposes only

If you are looking for other source of passive income, liquid mining and staking crypto and decentralized assets, click here.


How to o open an eToro account, follow these steps:

  1. Go to the eToro website: Visit the official website of eToro, which is www.etoro.com.
  2. Click on “Join Now”: On the homepage, click on the “Join Now” button located at the top right corner of the page.
  3. Fill in your personal information: Fill in your personal information, including your name, email address, and phone number.
  4. Choose a username and password: Choose a unique username and a strong password that you will use to log in to your eToro account.
  5. Verify your email address: eToro will send a verification link to your email address. Click on the link to verify your email address.
  6. Complete your profile: Fill out your profile with your personal information, such as your date of birth, address, and employment status.
  7. Verify your identity: eToro requires all users to verify their identity before they can start trading. You can verify your identity by uploading a copy of your government-issued ID, such as your passport or driver’s license, and a proof of address, such as a utility bill.
  8. Make a deposit: Once your account is verified, you can make a deposit. eToro supports several payment methods, including credit/debit card, bank transfer, and e-wallets such as PayPal, Neteller, and Skrill.
  9. Start trading: Once your deposit is processed, you can start trading. eToro offers a wide range of assets, including stocks, cryptocurrencies, commodities, and more. You can also use the eToro copy trading feature to automatically copy the trades of other successful traders on the platform.

That’s it! You now have an eToro account and can start trading.