Turnover: 631 million USD (2022)
Country: Cyprus
Etoro is a trading site that enables individual investors to trade various types of classic financial products (stocks, bonds, ETFs...), but especially alternative investments such as cryptocurrencies.
One of the site's special features is the ability to replicate members' investments (which has led people to talk about "social trading"). If a trader seems "gifted", another user can quickly (in just a few clicks) opt to follow his or her investment strategy using "Copyportfolios".
With $100 million raised in 2018 from SBI Group, Korea Investment Partners, The World-Wide Investment Company Limited and other Etori investors, Etoro is trying to expand its business model.
eToro has registered offices in Cyprus, Israel, the UK, the US and Australia. In 2018, the company is worth $800 million, a value that has tripled to $2.5 billion by 2020.
Studies mentioning this company
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