eToro Promo: Make Every Action Count

Updated: February 21, 2021

We’re officially less than 3 weeks before Christmas and I’m sure everybody reading this is excited to visit home if you’re working away from home, and maybe even doing some last minute shopping.

In all the rush of the holiday season though, we shouldn’t forget about our investments and money habits. After all, nobody wants to be the person that blows his 13th month pay away partying and on unnecessary spending.

eToro is keenly aware of this and that’s why they launched a promotion for you who previously registered or logged-in to eToro. It is called eToro’s Make Every Action Count promotion.

How It Works

eToro users (even virtual account!) who satisfy the following are eligible to register for the promotion:

  • Virtual account holders who registered during Sept 1 – Nov 30, 2019
  • Old eToro registrations who logged in during Sept 1 – Nov 30, 2019

Participation is very easy and simple. After you’ve checked your eligibility and have registered, just complete your account verification on or before December 15 and you will earn a $25 cash reward. That’s it!

eToro is doing this so that people don’t forget that in the midst of all the holiday spending this Christmas, there are still opportunities to invest your money and that people can consider it as well.

So for my readers who have eToro accounts from before and are eligible for the promotion, it’s a good way for you to try the virtual account again and verify your account to get the $25.

Going further than that, once you’re verified and you think you’re ready to invest with real money, eToro will give you another $25 if you deposit before the promotion ends.

Meaning, you can register for the promotion, verify your account and then test the virtual again. If you like it, fund your account even with just the minimum, copy or trade once, and you’ll get a total of $50 from eToro.

So again:

  • Complete your account verification: Get $25 cash reward
  • Deposit funds to your account: Get another $25 cash reward

So, once you’ve funded your account with the minimum of $200 and gotten the $50 cash reward, what can you do with it?

Invest in Global Brands

As we’ve previously covered before, eToro gives you access to global brands that you can invest in for as low as $50.

From companies like Uber, Nike, Adidas, to big tech stocks like Apple and Google, you have a wide range of companies to pick from to invest in.

If you’ve followed the news lately as well, Saudi Aramco, the world’s largest integrated oil and gas company and largest investor-owned oil company is about to become the largest initial public offering (or IPO) in history.

After its IPO, it is soon to be available for public investors in eToro now as well, and again, the minimum to invest in it is just $50.

Copy and Relax

If you’ve diligently followed my blog, you should have an idea of what CopyTrading is. Through CopyTrading, you can replicate the successes of other traders in the network.

In CopyTrading, whatever the trader you are copying invests in, you invest in as well. So whatever profit he makes, you make too. Learn more about CopyTrading here.

If you haven’t created an eToro account yet, then you should get started today. Simply click this link and sign up for a FREE Practice account today. Questions? Just ask them below in the comments section.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.

One comment

  1. eToro, in my humble opinion, is not as good as it appears to be on the surface. Be aware that you will be charged $25.00 USD for each withdrawal you make should you be fortunate enough to make any profitable trades. They do NOT offer any option trading which is a deal breaker for me. I earn a good percentage of my living expenses from selling option premiums. I understand but I am NOT positive, that they make money on the spread and if true, then I think one could assume there would likely never be incentive for price improvement on an order fill, something I often receive with the firms I use. I do know that eToro and others receive compensation for order flow, good for them but the customer may have gotten a better order fill if their order been routed to a different exchange for a better price. These days, there are many commission free brokerage firms to choose from so commission rates are certainly no longer an issue. Here is a real life example of the service you can expect from an old line, established firm: I hold IRA and ROTH retirement accounts as well as taxable accounts with Charles Schwab brokerage in the US. I have a VISA card attached to one taxable account. These are known as SchwabOne accounts where you have the ability to trade and if you wish, have VISA card and paper checks. Since It is a “foreign” card, each withdrawal is charged P250. Horrible, right? Well, Schwab reimburses ALL my ATM fees worldwide. To top it off, they always have far better exchange rates when I view the transactions in my account history, I was NEVER able to find a better EX-rate anywhere here in the Philippines, not at a bank, not at a pawn shop, not at a money changer. OH, and YES, most old line firms also offer “trading apps” for those who want them on a mobile devise. Personally, I take a small laptop (powerful enough to run my trading platform) along if we will be having a late dinner at our favourite fish&chips place. Their WiFi is on the slow side but good enough. I have logged in and around the middle of dinner, when the trade lined up the way I expected, smacked the send button, gotten filled and went back to eating. What could be better than dinner out with my beautiful bride and our family, place a trade that earned a great profit by the end of the week and we also had the oppertunity to share some food with a group of very hungry street children. SO, I ask you, why eToro? I am sorry, I do not “get it” and I fail to see the attraction or any benefit to a beginning trader.

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