# eToro

> Source: https://docs.barcoder.ai/docs/wallets/etoro
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [eToro — official](https://www.etoro.com/)

## Overview

**eToro** is **a global social trading + investment platform** + **post-May 14 2025 NASDAQ IPO public listing (ETOR ticker)** <sup>[1][1], [2][2], [Israel report](https://docs.barcoder.ai/docs/payments/IL)</sup>. **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** <sup>[1][1], [2][2], [3][3], [4][4]</sup>:
- **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 <sup>[1][1], [3][3], [4][4]</sup>.

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

## 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](https://docs.barcoder.ai/docs/wallets/robinhood) (US commission-free + Bitstamp) + [Webull](https://docs.barcoder.ai/docs/wallets/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 (IBKR)](https://docs.barcoder.ai/docs/wallets/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](https://docs.barcoder.ai/docs/wallets/robinhood) (US commission-free + Bitstamp rival) | [Webull](https://docs.barcoder.ai/docs/wallets/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** <sup>[1][1], [2][2], [3][3], [4][4]</sup>:
- **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

[1]: https://www.matchmybroker.com/articles/etoro-ipo-nasdaq-listing "eToro IPO 2026: Trading Platform Going Public on Nasdaq — Match My Broker"
[2]: https://investingintheweb.com/brokers/etoro-statistics/ "eToro Statistics — Investing in the Web"
[3]: https://www.cnbc.com/2025/05/14/stock-trading-app-etoro-ipos-debuts-on-nasdaq.html "Stock trading app eToro pops 29% in Nasdaq debut after pricing IPO above expected range — CNBC"
[4]: https://www.businesswire.com/news/home/20250513117690/en/eToro-Announces-Pricing-of-Upsized-Initial-Public-Offering "eToro Announces Pricing of Upsized Initial Public Offering — Business Wire"
[il-cro]: https://docs.barcoder.ai/docs/payments/IL

- [1] [eToro IPO 2026: Trading Platform Going Public on Nasdaq — Match My Broker][1]
- [2] [eToro Statistics — Investing in the Web][2]
- [3] [Stock trading app eToro pops 29% in Nasdaq debut — CNBC][3]
- [4] [eToro Announces Pricing of Upsized Initial Public Offering — Business Wire][4]
- <sup>[Israel report](https://docs.barcoder.ai/docs/payments/IL)</sup> In-corpus: `reports/countries/IL-israel.md`

## Source

Biography extracted from [etoro.md](https://docs.barcoder.ai/source/wallets/etoro). See `matrix.md` for standards-support matrix if present.