eToro is a famous online broker who brought a new feature to the investing world: copying other investors (aka social trading)! That, besides offering low commissions on stock and ETF trades in most countries where it operates, has made eToro one of the leading brokerages worldwide.
Recently, eToro began its US expansion.
As part of its marketing strategy and to fuel the growth of its customer base, eToro started promoting a signup bonus for new users.
In this article, you will find a detailed analysis of the eToro referral bonus, the countries where the eToro bonus is available, and other details. Just keep reading!
eToro referral bonus terms
| 💰 Bonus | US crypto bonus: $10 crypto bonus US referral program: $30 for both you and your friend UK referral program: $50 only for the referrer |
| 🤝🏿 Condition | US crypto bonus: Complete account verification; US referral program: $100 deposit; UK referral program: $100 deposit + $100 trades. |
| ⏱️ Time to claim the offer | 30 days after signup |
| 🏆 Referral Link | UK referral link US referral link US crypto bonus |
| 🌐 Available in | US, UK |
Other Broker Promotions
| Referral link | Promotion | Available in |
| Trading 212 | 1 free share up to £100 | Europe |
| Interactive Brokers | Up to $1,000 of free IBKR stock | Worldwide (exceptions apply) |
| Webull | Up to 12 fractional shares | UK, US |
| Stake | One share worth up to $150 | UK, Brazil, New Zealand, Australia. |
| Freetrade | 1 share worth up to £100 | UK. |
What is the eToro referral bonus?
The eToro referral program incentivises current clients to refer new clients. If the conditions are met, both earn a reward (in the US program), or you earn a reward (in the UK program).
The eToro bonus is available in the US (45 states) and the UK. eToro has three separate referral programs:
- The eToro US referral program (for users from the US);
- The eToro US crypto bonus (for users from the US);
- The eToro UK referral program (for users from the UK).
eToro US has two different bonus programs:
- US Referral program: You get $30 for inviting your friends to the eToro platform (and they also earn a $30 bonus). The invited person must verify their account and deposit at least $100.
- US Crypto bonus program: A $10 crypto bonus is awarded for users who register and verify their accounts.
With eToro UK, you get a $50 reward per person you invite through your link (limited to a maximum of 10 referrals)! This person has to open trades worth at least 100$.
How to get the eToro bonus?
eToro US Referral Bonus
As a US resident, to get your eToro sign-up bonus, you need to follow these steps:
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.
- Click this referral link
- Verify that you are living within one of the eligible states (+40 states)
- Deposit funds in eToro (at least $100)
- You will receive the $30 bonus in your account (it may take up to 15 days for the reward to be credited).
- Earn additional $30 bonuses by inviting your friends to the eToro platform.
eToro US Crypto Bonus
eToro US has rolled out a special offer for new users: a $10 crypto bonus post-account verification.
Upon registering, if you’re presented with an offer screen, you can choose from nine cryptocurrencies like BTC, ETH, and DOGE.
Once verified, this bonus appears in your portfolio, labeled as “Promotion” in history and “Airdrop” in statements.
Full terms are on the eToro website.
eToro UK Referral Bonus
As a new user under the subsidiary eToro UK Ltd (only for UK), to get your eToro UK sign-up bonus, you need to follow these steps:
- Click “Refer a Friend” and use your link to invite a friend!
- Once he/she concludes and makes $100 worth of trades, you receive $50!
Conclusion
We always applaud platforms that create win-win agreements: You are satisfied with the platform, recommend it to your friends and family, and everyone wins.
Want to know more about eToro? Read our comprehensive eToro Review to find out if it is a good broker, and go through eToro’s referral bonus terms (US customers only), eToro’s crypto bonus terms (US customers only) and eToro (UK) Ltd. Refer a Friend Terms & Conditions (for UK residents) to know more details about those programs.
FAQs
How good is eToro as a brokerage?
If you want to know more details about eToro as a brokerage, check our eToro review.
Will the eToro referral bonus be subject to tax?
Your tax advisor should inform you about the appropriate tax treatment for this promotion.
Why do companies give free bonuses?
Companies give free bonuses to incentivize referrals and grow their customer base.
Do you get anything from referring a friend on eToro?
Yes, qualified users can earn a referral bonus when referring a friend to eToro.
Can you get free shares on eToro?
No, you cannot get free shares on eToro. Qualified users can earn a bonus, though.
Does eToro have a referral code?
No, eToro does not have a referral code. Instead, users can share their referral links.
Does the eToro referral bonus work in Europe?
The eToro referral bonus does not work in Europe due to regulatory requirements (excluding the UK).
Disclaimer
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% 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.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
