How Do I Open an eToro Islamic Account?

Written by Wikitoro Team

Reviewed by Nadav Zelver

To open an Islamic account on eToro, you need to sign-up for a normal account, verify and complete your trading profile, put some money in, and finally, contacting the customer support team to ask for an Islamic account.

How to Open an Islamic Account with eToro?

In order to have an Islamic account with eToro, follow the very simple steps below:

1. Open an eToro account. First, you need to register for a real account. Enter your desired username and password, and the email that you'd like to associate with this account to sign-up.
2. Verify your account by completing your profile. Next, you will be prompted to complete your account by having providing further details and uploading a proof of ID (POI) and proof of address (POA). This will take just a few minutes to accomplish.
3. Make an initial deposit of $1000 into your account. The third step is to make a first deposit into your trading account with a minimum of $1000 using any of the payment methods that they support.
4. Contact the support team to activate the Islamic account. The last step is to get in touch with their customer support team and to request to open an Islamic account. After they have verified that you've met their requirements, they will start processing your request and you will be notified when your account is converted into an Islamic account.

If you've decided open an Islamic account right now with eToro, you can register via the button below so you can get started. Be sure to follow the instructions that were stated above so you can activate this specific account type.