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eToro

Cyprus Cyprus
Stocks, CFDs & crypto · since 2007
FCACySECASICSECwhat are these? →
4.4
/ 5 ★
RegulationFCA, CySEC, ASIC, SEC
Min. deposit$50
Leverage1:1 – 1:30
PlatformsPlataforma propia (sin MT)
InstrumentsStocks, CFDs & crypto
Founded2007
🏛️ Which entity will open your account?
📍 Pick your country above and we'll tell you exactly which entity opens your account at eToro.
How is this decided and how do I verify it? →

Regulation by region

The entity you sign with — and your protection — changes depending on where you live.

United Kingdom
FCA with FSCSMarket maker
eToro (UK) Ltd (FRN 583263) — FSCS up to £85,000
European Union
CySEC + MiCAMarket maker
eToro (Europe) Ltd (109/10) — ICF up to €20,000
United States
FINRA/SIPC broker-dealerMarket maker
eToro USA Securities Inc. (CRD 298361) — SIPC; crypto via eToro USA LLC without SIPC
Australia
ASIC no schemeMarket maker
eToro AUS Capital Ltd (AFSL 491139) — no compensation scheme
Rest of the world
Offshore SeychellesMarket maker
eToro (Seychelles) Ltd (FSA SD076) — no compensation

All licenses

Every regulator where the group holds a license, with its execution model. The entity that applies to you depends on your country (see above).

United KingdomFCARegulatedMarket makerFRN 583263
CyprusCySECRegulatedMarket maker109/10
AustraliaASICRegulatedMarket makerAFSL 491139
United StatesFINRA/SECRegulatedMarket makerCRD 298361
SeychellesFSAOffshoreMarket makerSD076

Account types

Retailsingle CFD/stocks/crypto account, no ECN tiers
Professionaleligible clients, higher leverage
No MT4/MT5eToro runs ONLY its proprietary platform; does not offer MetaTrader

Pros

✓Top-tier regulation
✓Funds with compensation scheme
✓Transparent operation
✓Good reputation

Cons

✗Outside your region, offshore entity
✗No MT4/MT5 (not usable for EAs)

Breakdown by axis

The total score (out of 100) is the sum of the 7 axes, with the same yardstick for everyone. Below each one, the rationale with its source.

Regulation: Top tier22/22 pts
Why: FCA 583263 + CySEC 109/10 + ASIC 491139 + SEC/FINRA US, listed on Nasdaq (ETOR). UK/EU/AU/US under tier-1; rest of the world via eToro Seychelles SD076 = offshore
Withdrawals / payments: Isolated complaints10/20 pts
Why: mostly clean (KYC delays on the 1st withdrawal); flat $5 fee per withdrawal + $10/month inactivity
Fund safety: Full (with compensation)15/15 pts
Why: segregated + negative balance + UK FSCS / EU ICF; the Seychelles entity has no compensation
Transparency: Clear10/10 pts
Why: listed on Nasdaq; SEC settlement 2024 of $1.5M (trading crypto without registration, resolved)
Reputation: Strong10/10 pts
Why: founded 2007, Nasdaq IPO 2025; Trustpilot ~4.1 (~31k reviews)
Costs: Average4/8 pts
Why: EURUSD ~1.0 pip but XAUUSD ~45 pips (wide) + withdrawal/inactivity fees

Sources

Don't take our word for it — check it yourself. These are the official registries and legal pages we relied on.

🔗 FCA registration — eToro (UK) Ltd (FRN 583263)🔗 CySEC registration — eToro (Europe) Ltd (109/10)🔗 FINRA BrokerCheck — eToro USA Securities (CRD 298361)🔗 eToro — regulation and licenses

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