Social-trading platform best known for CopyTrader; its European business is run by eToro (Europe) Ltd in Cyprus and it listed on Nasdaq in 2025.
- Headquarters
Israel- Founded
- 2007
- Type
- Forex & CFD brokers
- Licences on record
- 4 (2 European)
- EU client entity
- eToro (Europe) Ltd (CySEC)
- Platforms
- Own platform
- Products
- Stocks, ETFs, Crypto, CFDs
- Website
- etoro.com
Strengths
- CopyTrader and social feed are the most developed in the industry
- Real shares, ETFs and crypto alongside CFDs
- EU entity licensed in Cyprus; listed on Nasdaq since 2025
- Easy onboarding and mobile-first design
Watch-outs
- Currency conversion costs can apply when funding and trading in different currencies
- Copying other traders does not remove risk – past results vary widely
- Advanced charting and order types are simpler than specialist platforms
Overview
eToro was founded in 2007 in Tel Aviv and became known for social trading: a feed where users share ideas and a CopyTrader feature that automatically mirrors the trades of other users. It listed on Nasdaq in 2025.
Which entity serves you
EU residents are served by eToro (Europe) Ltd, licensed by CySEC, with ESMA protections on CFDs and the Cyprus Investor Compensation Fund. UK clients are served by eToro (UK) Ltd, authorised by the FCA. eToro's crypto services in the EU operate under the MiCA framework.
Products
eToro offers real shares and ETFs (including fractional investing), crypto-assets and CFDs on forex, indices and commodities, plus "Smart Portfolios" built around themes. Whether a trade is executed as a real asset or a CFD depends on the instrument, direction and leverage – long unleveraged stock positions are generally real shares, while short or leveraged positions are CFDs.
Copy trading: read before you copy
Popular investors' statistics show returns, risk scores and drawdowns. Look at the whole history, not the last few months, and remember that copying means you take the same risk. See our guide to copy trading.
Our view
eToro is a strong option for people who value the social layer and want shares, ETFs and crypto in one place. Check currency conversion costs if your bank account is not in the currency of the instruments you trade.
Licences on record
Brands often operate several companies. The one that onboards you depends on where you live, and that company's regulator decides your protection. Confirm the entity on the official register before you deposit.
| Regulator | Jurisdiction | Type | Check it |
|---|---|---|---|
| CySEC Cyprus Securities and Exchange Commission |  Cyprus |
EU/EEA – passportable | Official register |
| FCA Financial Conduct Authority |  United Kingdom |
UK | Official register |
| ASIC Australian Securities and Investments Commission |  Australia |
Non-European | Regulator website |
| FSRA (ADGM) Financial Services Regulatory Authority – Abu Dhabi Global Market |  United Arab Emirates |
Non-European | Regulator website |
What protection would you get?
If you are a retail client of eToro's European entity, these safeguards apply by law. Which one applies to you depends on the entity you sign with.
- Investor compensation: 90% of the covered claim, capped at €20,000 per investor – Investor Compensation Fund for CIF clients (ICF)
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Financial Ombudsman of the Republic of Cyprus
- Best forex brokers in Cyprus
- Investor compensation: Up to £85,000 per person per firm for investments – Financial Services Compensation Scheme (FSCS)
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Financial Ombudsman Service
- Best forex brokers in United Kingdom
Verify eToro yourself
- Find the exact company name in the footer of the website and in the client agreement you are asked to sign.
- Search that name on the register of the regulator listed for your country (links above). Make sure the register shows the same website domain.
- Check warning lists for look-alike names: IOSCO I-SCAN covers alerts from regulators worldwide.
- Never download remote-access software or move money because someone "from the broker" phoned you. How clone-firm scams work.
Protection Score breakdown
| Factor | Points |
|---|---|
| Holds at least one European licence (EU/EEA, UK or Swiss) | +40 |
| ESMA/FCA retail protections available (leverage caps, negative balance protection, compensation scheme) | +15 |
| Supervised in 4 strong jurisdictions | +12 |
| Publicly listed group (audited public accounts) | +8 |
| Operating for 19 years | +7 |
| Total | 82/100 |
The score measures structural protection from licences and corporate facts, not costs, service or platform quality. A high score does not mean a firm is right for you. Methodology.
Trader experiences
No verified experiences yet. Have you used eToro? Share what happened with deposits, withdrawals, execution and support.
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About this data
Profile type: reviewed profile. Licence data is from our research and has not yet been re-checked against every register; confirm it on the official register before relying on it. Last updated 30 September 2026.
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