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Description


eToro offers four kinds of accounts: retail account, professional account, corporate account and an islamic account. So all you have to do is pick the account that suits you and start investing!

Transcript


So you’re thinking of opening an eToro account?

That sounds like a good move.

But how do you know which account you need?

Let’s talk about the four account types eToro offers: a retail account, a professional account. a corporate account, and an islamic account.

The retail account is eToro’s default account type.

With this account, you can access almost every asset and our various features.

When you use the retail account, remember that there are different maximum leverage amounts for different asset classes.

The second account type is the professional account

Only users who meet certain criteria can apply for a professional account.

Currently, this account type is only available to users registered under eToro UK and eToro Europe.

And for all you savvy CFOs out there, we have the corporate account, perfect for the institutional investor.

With this account, eToro makes it possible for businesses to trade and invest in multiple asset types.

Setting up a corporate account requires certain documentation, as well as a minimum first time deposit of $10,000.

After that, you’re good to go.

We also have an account created especially for our Muslim clients.

This account allows you to buy and sell assets without being charged or credited any overnight fees in accordance with Sharia law.

One last thing before we wrap up.

All of these accounts come with eToro’s virtual portfolio, otherwise known as a demo account, with $100,000 to practice investing risk-free.

So, figured out which account you want?

Head over to eToro.com if you wish to sign up for a retail account today, or contact our customer service team to update your existing account to a corporate or Islamic account.

Just remember, eToro only supports one account type per user.

Thanks for watching, and see you on the feed.