Online trading is becoming a popular concept, especially when more people are interested in finding opportunities to increase online revenue. However, with so many of our lives happening on mobile devices and laptops, it’s no wonder that our digital accounts have become a magnet for criminals.
EToro uses data security technology and tools such as firewalls and data encryption to protect its users’ information. In addition, eToro also offers an option to enable two-factor authentication (2FA) in your account.
2FA is known as an extra layer of security used to make sure that people trying to access an online account are who they say they are. With this measure, after entering your username and a password, you will be required to enter a verification code sent to your mobile phone via SMS to access your account instead of immediately gaining access.
Follow the steps to make your account more secure with 2FA:
1 First, click “Settings” and then choose “Accounts”.
Arabic number Click on the right side of the switch under the words “Two-factor authentication”.
After that, a code will be sent to your phone number associated with the account.
3 Enter the code in the blank space and hit “Apply”.
You now have 2-factor authentication.
And you can also turn it off in your account settings.
Your security and privacy are of the utmost importance. So, to protect your account more strictly, we recommend that you enable it on your eToro account because even if your password is compromised, your account will still be protected.
With 2FA, a potential compromise of just one of these factors will not unlock the account. So even if your password is stolen or your phone is lost, the chances of someone else having your information on the second factor are unlikely. Looking at it from another angle, if a consumer uses 2FA correctly, websites and apps can be more secure of the user’s identity and unlock the account.