Examined Sep 25, 2026 Paid in cash Different rules per country eToro pays new customers $30 in the US. In Europe, the person being referred gets nothing.
Whichever eToro company your account sits with decides the entire offer, down to whether you are paid at all. eToro operates through separate legal companies in different regions, and each one runs its own Refer a Friend program with its own amounts and its own rules. The two we were able to read in full are the US program and the European one, and they are not variations on a theme, they are different offers. Separate terms also exist for the UK, Australia, the Middle East, Singapore and Seychelles, and we have not read those, so do not carry any number here across a border.
- You, the new customer, in the US, after a $100 deposit$30
- You, the new customer, in Europe, no matter what you deposit$0
US figures from the Refer a Friend terms dated 8 June 2023; European figures from the terms effective 20 April 2026. What you get as the new customer depends entirely on which eToro entity you sign up with.
What pays what
| US: new customer registers and deposits $100 within 30 days | $30 |
|---|---|
| Europe: the new customer being referred | $0 |
| Hawaii, Minnesota, Nebraska, Nevada, New York | Not eligible |
| Customers of a different eToro entity than yours | $0 |
| Combining this with any other eToro promo or code | Not allowed |
eToro USA LLC ("eToro" or "We") will credit the referred friend's funded real account with $30 after the below qualifying terms have been met.
Several affiliate sites state that the US program also requires a $100 trade. The official US terms contain no trade requirement: they ask for registration, verification and a first-time cash deposit of at least $100. The trade requirement belongs to the European program. eToro's live invite page agrees with the US terms and names no trade. For the person invited it says: “Your friend will also get $30.” We still could not read eToro's US help article, which needs a full browser, so check the app before you fund.
Do this, in this order
- Work out which eToro you are dealing with. The account you open is with a specific eToro company determined by where you live, and that decides your entire offer. Cross-entity referrals are blocked outright.
- If you are in the US, check your state. The eligible-state appendix lists 45 states plus DC and a couple of territories. Missing, and therefore not eligible: Hawaii, Minnesota, Nebraska, Nevada and New York. The older 2022 version that the invite page links also leaves out Delaware, Illinois and Tennessee, so if you live in one of those three, confirm in the app.
- Click the referral link first, and start counting from that click. The US 30-day clock runs from the first click on the Refer a Friend link, not from registration.
- Register, verify, and make a first-time cash deposit of at least $100. Those three are the whole US requirement as published. Money moved in from another eToro product does not count.
- Leave the reward alone for 30 days. The money lands roughly 14 days after you qualify, and you agree not to withdraw amounts attributable to the reward for the first 30 days after it is funded.
- In Europe, know the deal you are actually being offered. There is nothing here for you. The new customer gets $0, whatever they deposit or trade.
- One reward per household, however many devices you own. The limitation applies per account, per person, per means of payment, per household, and per any environment where computers are shared.
The fine print that can still cost you
The program can be cancelled out from under a referral already in flight. The US terms state that if the promotion is terminated at any time, before or after the link is sent, the referred friend is not eligible for the reward even if they completed registration inside the 30 days. No notice requirement attaches.
The clawback is one-directional. eToro reserves the right to remove or deduct a reward that has been granted, while any loss the user suffered will be recognized and sustained. If they reverse the bonus, you keep the losses you made with it.
Nothing stacks. Refer a Friend is not valid in conjunction with any other promotion, discount or promo code.
The reward is available once to you as the referred friend. The limit applies per account, person, means of payment and household, and a user with more than one trading account is eligible for one reward only.
eToro links two different versions of the US terms. Its US disclosure library links a version dated 8 June 2023. The live invite page's own “Terms & Conditions” link opens an older one dated 23 March 2022, whose state appendix is “As of August 30, 2021”. Both give you $30 for a $100 deposit, but the older list also omits Delaware, Illinois and Tennessee. eToro does not say which one governs. Check the amount in the app before trusting any published number, ours included.
Beyond the US and Europe, we cannot tell you anything. Separate Refer a Friend terms exist for the UK, Australia, the Middle East, Singapore and Seychelles. We did not read them and will not guess; the only reliable figure is the one on your own screen.
Is it worth your time?
In the US, on the published terms, this is one of the easier bonuses on the site: $30 for opening an account, verifying it and depositing $100, with no requirement to trade. What holds it back is confidence: the terms date from 2022 and 2023, the two versions disagree on three states, and eToro has written itself the right to end the promotion mid-referral. Take it if you were opening eToro regardless, and look at the number the app quotes you. In Europe, if you are the one being referred, there is nothing here for you.
If you refer: the US terms let the referring friend collect the reward up to 10 times, counting referrals made under earlier versions of the terms.
