ROMSO Cyprus Knowledge Base

eToro

eToro

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Overview

eToro is an Israeli multinational social trading and multi-asset investment company. The company provides financial services, including copy trading, which allows users to track and replicate the trades of experienced investors.

History and Headquarters

The company's headquarters is located in Bnei Brak, Israel. As of 2020, eToro has over 10 million registered users from 140 countries worldwide. The company operates an international trading platform for investment in shares, digital currencies, and other assets.

Operations

eToro offers online trading in various properties, including currency pairs, commodities, and stock indices. The company's social trading network allows users to track the financial performance of other users who have achieved high returns and copy their trades. This feature enables novice investors to learn from experienced traders and potentially benefit from their expertise.

Global Presence

eToro has a significant global presence, with over 12 branches in central countries. The company employs approximately 1,200 employees worldwide, with about 700 based in Israel. eToro's registered office is located in the British Virgin Islands, and it is regulated by the Cyprus Securities and Exchange Commission (CySEC).

Statistics

* Number of users: Over 10 million (as of 2020)
* Countries represented: 140
* Employees worldwide: Approximately 1,200
* Employees in Israel: About 700