eToro is a social trading and multi-asset investment company founded in Israel, with offices in the UK, US, Australia, and Cyprus. It operates in 140 countries and has over 20 million users.
eToro became publicly traded in 2021 through a merger with FinTech Acquisition Corp V. It's regulated by CySEC in the EU, FCA in the UK, FinCEN in the US, and ASIC in Australia. Known for its social investing and cryptocurrency trading, it faced controversies like the 2022 closure of stock positions in Magnit PJSC and the 2021 closure of leveraged crypto positions. eToro is tagged under social trading.
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