You should supply the requested documentation and information by the date specified in the email which you receive from eToro.
eToro is committed to being fully FATCA-compliant in all countries in which we operate.
The eToro Group may not open new accounts or offer additional products and services to customers who choose not to comply with eToro’s requests for documentation to establish their status under FATCA.
In accordance with FATCA regulations, eToro may exit the relationship with customers who decide not to provide the necessary information and documentation within the regulatory time frame.
eToro may need to provide authorities with information about customers who do not provide the required documentation/information to the applicable local tax authorities.
We may also be required to withhold tax on certain US source payments coming into your account.
In addition, failure to provide appropriate documentation within the time frame specified by eToro may cause your account to be limited or closed.