I live in Tanzania, Can I open an Account with eToro?
Let me guess: You've probably gone into Google and searched for "eToro Tanzania" in the hope of a response to the question: "Is eToro, the Social Trading Platform, available to residents in the country?" Bad news: Unfortunately, eToro does not open Trading Accounts to residents in Tanzania. eToro will allow you to test the Demo, but you won't be able to open an account with Real Money. However, you still wish to explore the potential of financial markets, Forex, CFDs, Shares, and/or Crypto. That's why you need to find a Broker that is indeed available to clients in the country.
That's the good news, we have done the work for you, and we have compiled a list of the Best Brokers available to locals.
Hey, I don't want to open an account with eToro! I want to know what it is
Ok, in that case, eToro is an Online Broker, known for being the most important Social Trading platform: It allows investors to research other users' investment strategies. When saying investment strategies, we are not only referring to general parameters but practically all trader's investment history, orders, traded financial assets, and track record (Earnings or historical losses).