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Wallets/etoro

eToro

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Overview

eToro is a global social trading + investment platform + post-May 14 2025 NASDAQ IPO public listing (ETOR ticker) [1, 2, il-cro]. 2025 baseline: 40M+ registered users in 75+ countries + offices across UK + US + Australia + Cyprus + Germany + UAE + Israel; May 14 2025 NASDAQ IPO: priced at $52 per Class A share (above $46-50 range; upsized to 11.92M shares; raised ~$620M) + +29% Nasdaq debut close $67 + $5.4B+ market cap; 2024 net income $192.4M (~13x growth from $15.3M 2023).

Distinctive eToro positioning [1, 2, 3, 4]:

  • Global social trading + investment platform with copy trading + user-generated portfolios — distinctive eToro innovation
  • 40M+ registered users in 75+ countries (2025)
  • May 14 2025 NASDAQ IPO: priced at $52/share + +29% debut close $67 + $5.4B+ market cap + raised ~$620M
  • Israeli-founded global fintech (founded by Yoni Assia + Ronen Assia + David Ring in 2007 in Tel Aviv)
  • Multi-jurisdiction regulated: CySEC (Cyprus) + FCA (UK) + ASIC (Australia) + SEC + FINRA (US) + DFSA (Dubai) — distinctive global multi-jurisdiction regulation
  • 2024 net income $192.4M (~13x growth from $15.3M 2023) — distinctive eToro 2024 profit explosion

History

2007 — eToro founded by Yoni Assia + Ronen Assia + David Ring in Tel Aviv, Israel.

2010 — eToro mobile app launches + Copy Trading (CopyTrader) launches — distinctive eToro innovation.

2018 — eToro launches in US.

Mar 2021 — eToro announces SPAC merger with FinTech Acquisition Corp V at $10.4B valuation (subsequently terminated Jul 2022).

May 14 2025 — eToro NASDAQ IPO: priced at $52/share (above $46-50 range; upsized to 11.92M shares; raised ~$620M); ETOR ticker; +29% debut close $67; $5.4B+ market cap [1, 3, 4].

2025 — 40M+ registered users in 75+ countries; offices in UK + US + Australia + Cyprus + Germany + UAE + Israel [1].

Ownership & operator

Operating entity: eToro Group Ltd (NASDAQ: ETOR).

Major shareholders: Yoni Assia (CEO + co-founder) + Ronen Assia (co-founder) + David Ring (co-founder) + Spark Capital + BRM Group + Andalusian Private Capital + R136 Ventures + ION Group + SoftBank Vision Fund 2 + public float (post-May 14 2025 NASDAQ IPO).

Regulators: CySEC (Cyprus) + FCA (UK) + ASIC (Australia) + SEC + FINRA (US) + DFSA (Dubai) — distinctive global multi-jurisdiction regulation.

Technical integration

eToro mobile app (iOS + Android) + etoro.com web + eToro Money debit card + eToro Wallet (crypto self-custody) + eToro Earn (staking + savings); eToro Group multi-entity structure: eToro UK Ltd (FCA) + eToro EU Ltd (CySEC; Cyprus passporting EU) + eToro USA LLC (SEC + FINRA) + eToro AUS Capital Limited (ASIC) + eToro Middle East Ltd (DFSA Dubai); ACH + SEPA + Faster Payments + SWIFT funding; CopyTrader + Smart Portfolios + Stocks + ETFs + Currencies + Commodities + Crypto + Options.

Users & growth

2025: 40M+ registered users in 75+ countries; user growth from 4M (2014) → 8M (2017) → 27M (2021) → 38M+ (2024) → 40M+ (2025); 2024 net income $192.4M (~13x growth from $15.3M 2023).

Use cases

Global retail social trading + investment via eToro mobile + etoro.com web; Copy Trading (CopyTrader) + Smart Portfolios + Stocks + ETFs + Currencies + Commodities + Crypto + Options + eToro Money debit card + eToro Wallet (crypto self-custody) + eToro Earn (staking + savings); distinctive global social trading pioneer.

Implementations & partners

Operator: eToro Group Ltd (NASDAQ: ETOR); Yoni Assia + Ronen Assia + David Ring + Spark Capital + BRM Group + R136 Ventures + ION Group + SoftBank Vision Fund 2.

eToro Group multi-entity structure: eToro UK Ltd (FCA) + eToro EU Ltd (CySEC; Cyprus passporting EU) + eToro USA LLC (SEC + FINRA) + eToro AUS Capital Limited (ASIC) + eToro Middle East Ltd (DFSA Dubai).

Major global social trading + retail brokerage competitors: [[robinhood]] (US commission-free + Bitstamp) + [[webull]] (US commission-free + Chinese fintech US brokerage) + [[plus500]] (Israeli CFD broker + LSE-listed) + [[trading-212]] (UK CFD + commission-free broker) + [[xtb]] (Polish CFD broker + WSE-listed) + [[freetrade]] (UK commission-free broker) + [[degiro]] (Dutch broker; flatexDEGIRO subsidiary) + [[interactive-brokers]].

Regulators: CySEC + FCA + ASIC + SEC + FINRA + DFSA + 70+ country regulators.

Fun facts

  • Global social trading + investment platform with copy trading + user-generated portfolios — distinctive eToro innovation.
  • 40M+ registered users in 75+ countries (2025).
  • May 14 2025 NASDAQ IPO: priced at $52/share + +29% debut close $67 + $5.4B+ market cap + raised ~$620M.
  • Israeli-founded global fintech (founded by Yoni Assia + Ronen Assia + David Ring in 2007 in Tel Aviv).
  • Multi-jurisdiction regulated: CySEC (Cyprus) + FCA (UK) + ASIC (Australia) + SEC + FINRA (US) + DFSA (Dubai).
  • 2024 net income $192.4M (~13x growth from $15.3M 2023) — distinctive eToro 2024 profit explosion.
  • Mar 2021 SPAC merger announcement with FinTech Acquisition Corp V at $10.4B valuation (subsequently terminated Jul 2022).

Comparison

Feature eToro [[robinhood]] (US commission-free + Bitstamp rival) [[webull]] (US commission-free + Chinese fintech US brokerage rival) [[plus500]] (Israeli CFD broker + LSE-listed rival) [[trading-212]] (UK CFD + commission-free broker rival)
Operator eToro Group Ltd (NASDAQ: ETOR) Robinhood Markets Inc. (NASDAQ: HOOD) Webull Corporation (NASDAQ: BULL) Plus500 Ltd (LSE: PLUS) Trading 212 Ltd (UK private)
Type Global social trading + 40M+ users in 75+ countries + CopyTrader + Smart Portfolios + multi-jurisdiction regulated + May 14 2025 NASDAQ IPO Most-used US stock trading app + 10.8M users + crypto + Bitstamp + UK + EU expansion US commission-free + Chinese fintech US brokerage + 25.9M registered users Q3 2025 Israeli CFD broker + LSE-listed + Plus500 Asia UK CFD + commission-free broker + ISA + Stocks
Country IL + 75+ countries US + GB + AU US + JP + KR + UK + AU + 14+ markets IL + 50+ countries UK + EU + 30+ countries
Distinctive 2007 founding by Yoni Assia + Ronen Assia + David Ring in Tel Aviv; 2010 mobile app + CopyTrader launch; 2018 US launch; Mar 2021 SPAC merger announcement at $10.4B (terminated Jul 2022); May 14 2025 NASDAQ IPO at $52/share + +29% debut + $5.4B+ market cap; 2024 net income $192.4M (~13x growth); multi-jurisdiction CySEC + FCA + ASIC + SEC + FINRA + DFSA regulated 2013 founding by Vlad Tenev + Baiju Bhatt; Mar 2015 mobile app; 2018 Robinhood Crypto; Jul 29 2021 NASDAQ IPO; 2024 Bitstamp $200M acquisition 2017 founding by Wang Anquan; Apr 11 2025 NASDAQ SPAC listing 2008 Plus500 founding in Israel; 2013 LSE IPO; FTSE 250 constituent 2004 Trading 212 founding in Bulgaria; UK FCA + Bulgarian FSC regulated

Status

Active, global social trading + investment platform + post-May 14 2025 NASDAQ IPO public listing [1, 2, 3, 4]:

  • eToro Group Ltd (NASDAQ: ETOR) since 2007 Tel Aviv founding by Yoni Assia + Ronen Assia + David Ring.
  • 40M+ registered users in 75+ countries.
  • May 14 2025 NASDAQ IPO at $52/share + +29% debut + $5.4B+ market cap.
  • CySEC + FCA + ASIC + SEC + FINRA + DFSA + 70+ country regulators.

Sources

Source

Biography extracted from etoro.md. See matrix.md for standards-support matrix if present.

source · docs/wallets/etoro/index.md