What Happens to eToro When You Die?

Written by Mike Druttman

Reviewed by Nadav Zelver

When an eToro account holder passes away, the account doesn’t just switch over to a family member or friend. Like any other financial platform, there’s a formal process involved. You’ll need to provide the right documents to access or settle the funds.

How to Handle a Deceased eToro Account

Step 1: Let eToro Know

Start by notifying eToro through its support team. They won’t take any action until they’re formally made aware that the trading account holder has passed.

Step 2: Gather the Paperwork

Once eToro is informed, they’ll ask for some essential documents. These usually include:

• A certified copy of the death certificate
• Proof of identity (your passport or government-issued ID)
• Legal authorization to act on behalf of the deceased (such as probate or letters of administration)
• The deceased’s eToro username or account details

This part’s important: without proper documentation, they won’t move forward.

Step 3: eToro Reviews and Closes the Account

When eToro has everything they need, they’ll:

• Close all open trades
• Liquidate any remaining assets
• Transfer the available balance to the estate’s nominated bank account

Don't forget this: You can’t transfer ownership of the account itself. Only the funds can be distributed. The account is shut down as part of the process.

Handling Crypto Assets

If the account held crypto assets, things can get a bit more technical.

Here’s what to check:

• External wallets: Were any crypto holdings moved off-platform? If so, you’ll need access to those wallets.
• Private keys: No keys, no crypto. If private keys were stored somewhere, you’ll need to track them down to access non-eToro wallets.

Digital assets like crypto often fall into a legal grey area, especially when there’s no clear access.

And that’s exactly why I tell people: talk to a legal expert. Someone who deals with estate administration can walk you through the right process and help avoid delays.