eToro is a multi-asset and social trading broker founded in Israel. The company focuses on copy trading and financial services. It has registered offices in Israel, Cyprus, the US, the UK, and Australia. eToro was valued at $800 million in 2018.
Initially called RetailFX, the company was founded by David Ring and the brothers Ronen and Yoni Assia in 2007 in Tel Aviv. Yoni Assia is the CEO of the company to this day.
From the time it was founded until 2013, eToro raised $31.5 million in four funding rounds. Investment companies have invested more than $162 million in the company so far. It had 13 million accounts in the spring of last year.
eToro also offers an online platform version presenting forex trading online as a game series in a visual trading mode. At first, the platform was only available for downloading. It included visualizations presenting trading as a currency race. Eventually, the platform launched the WebTrader web-based trading platform and Expert Mode, a professional trader’s application.
Since the beginning, eToro’s founders and owners have been focused on social investing, social trading, and social networking by means of currencies, indices, commodities, stocks, and other instruments. They are focused on online experiences and mobile platforms.
In terms of staff, eToro’s truly aiming for the ‘cream of the crop.’ This is line with management policy to direct and reinforce the brand. All of the company’s employees are professionals in their niche with great experience in trading, technology, innovation, social media, marketing, customer service, and more.
Disclaimer
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
