Is eToro Regulated?

logomark Filippo Ucchino calendar Last Updated: November 2021 timer 6 min read
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Trading with any top forex broker, one of the key components you want to have in place from the outset is trusted regulation and security. The same question, ‘is eToro regulated?’, is also one you will undoubtedly be asking. Thankfully, eToro is one of the most respected names in the trading world with top-tier regulation in place.

You can read more about all the features and details of one of the best-reputed brokers in the industry here through our full eToro review.

Here though, we will keep focus on the eToro regulation, how it works, and the benefits that top regulation can bring to you as a trader.

Table of contents

Where is eToro Regulated?

One of the most important questions you may ask when starting to trade with the broker is, where is eToro regulated?

eToro is regulated around the world by a number of top regulatory bodies. eToro (Europe) Ltd. is regulated by CySEC (109/10), eToro (UK) Ltd. is regulated by the FCA (#5823263), eToro AUS Capital Pty Ltd. is regulated by ASIC (#491139), and eToro USA LLC is regulated by the SEC (#8-70212).

Business Names: Regulated by: Registration Number
eToro (Europe) Ltd CySEC #109/10
eToro (UK) Ltd FCA #583263
eToro AUS Capital Pty Ltd ASIC #491139
eToro USA LLC SEC #8-70212

Is eToro regulated in my country?

Depending on the country you are in, the eToro regulation and services may vary. American traders are subject to different trading conditions which you can learn with our complete review on eToro USA.

The table below can give you a convenient general guide based on your location:

Area & Countries Locally Regulated Accepts traders from the country
European Union Yes Yes
United Kingdom Yes Yes
Australia Yes Yes
USA Yes Yes
Canada No No
Dubai No Yes
South Africa No Yes
Malaysia No No
Nigeria No Yes
India No Yes

How to verify the eToro Regulations

There are several ways for you to verify eToro regulations either before or after you begin trading with them.

One of the easiest ways to confirm this is by checking the footer of the eToro website. Here you will find information on the regulations they have in place. If you feel you need more details or confirmation it is also easy to head over to the official website of the regulators.

You can go to the related broker register of the regulator’s site based on the area where you are located and the regulation you are checking. If you are within the EU then CySEC is the best place for you to check. FCA within the UK is the site to check brokers regulated there, while ASIC in Australia can help in that region. If you are located in the US, then the SEC website should have all the details you require to double-check the broker regulation.

Does eToro Accept International Applications?

International applications are accepted by eToro for trading. If you are an international applicant from a country where eToro is not locally regulated then you can choose your eToro regulatory body in some cases. You must then abide by the leverage and other regulatory features of this body.

If you are from a country where eToro is regulated, you must follow the regulations for that area and cannot change. For example, if you are within the EU, you must be regulated under the eToro CySEC entity.

The following table can provide more useful information on how this may apply to your situation:

eToro Business Name Local residents only International applications
eToro (Europe) Ltd No Yes
eToro (UK) Ltd No Yes
eToro AUS Capital Pty Ltd Yes No
eToro USA LLC Yes No

Trading Benefits from the eToro regulations

Here is a quick look at how the regulatory entities can vary and the benefits you can expect under each:

eToro Business Name Minimum Deposit Negative Balance Protection Max Leverage on FX major pairs Real Assets
eToro (Europe) Ltd $200 Yes 30:1 Stocks, ETF, Crypto
eToro (UK) Ltd $200 Yes 30:1 Stocks, ETF
eToro AUS Capital Pty Ltd $200 Yes 30:1 Crypto
eToro USA LLC $50 No N/A Stocks, ETF, Crypto

So, can you trust eToro?

eToro is one of the most well-respected and trusted brokers in the forex trading world. They are extremely well-regulated alongside that by a number of the top bodies. This means they must prioritize the safety and protection of traders. They do this in part through a number of key features.

Negative balance protection is in place at eToro. This means you can never lose more than you deposit in your account (the eToro initial minimum deposit is $200). The use of segregated accounts is also mandatory. This means your funds can only be used by you for trading, not for any other eToro financial needs or purpose.

The fact they are comprehensively regulated also means they must follow many stringent guidelines on how they advertise so you will not find any false claims or promises from them.

These regulations must be followed along with the local laws of the country they operate in to avoid fines and other penalties that can include being banned from countries. This ensures eToro treats your safety and security with the highest priority.

If you’re still asking yourself if you can trust eToro, we have created an article where we answer the question “is eToro safe?” in order for you to get in-depth information on the topic.

eToro doesn’t accept traders from your country? Check our suggested eToro Alternatives

Although eToro offers trading in many countries around the world, you could occasionally find a situation where they do not operate in your country. If this is the case then a great starting point is here with the dedicated section in our eToro review. If there is no way for you to start trading with eToro then no need to worry. There are a number of great alternatives available.

This includes ZuluTrade, a fantastic copy trading platform with many top features that can work out even better.

Naga Markets is another great choice and a broker that offers a very comparable and maybe the closest alternative to eToro.

Darwinex is another copy trading broker with an alternative approach using a very data-driven system and trading platform.

For more information on these and other great options, check out our low down on the eToro competitors now.

If you’re not really interested in the social-copy trading aspect but you’re just looking for a broker to invest time and money with, we strongly suggest you to check our top 10 best forex brokers for the current year.

eToro Regulation FAQs

Who regulates eToro?

eToro is well-regulated by a number of the top financial regulatory bodies in the world. This includes CySEC in the EU, the FCA in the UK, ASIC in Australia, and the SEC in the United States of America.

Is eToro regulated in the US?

eToro is regulated by the SEC in the US under registration number #8-70212. They are regulated as eToro USA LLC since 2020 in the United States. Although they are SEC-regulated they can only offer stocks and crypto trading in the US for now.

Is eToro FCA Regulated?

eToro is FCA regulated in the UK under their entity eToro (UK) Ltd and with the number 583263 that you can use to confirm if needed.

Is eToro regulated in Malaysia?

eToro is not regulated in Malaysia. This means traders based in Malaysia cannot trade with eToro at present.

Can I use eToro in Nigeria?

Even though eToro is not locally regulated in Nigeria, eToro accepts traders from within the country. Keep in mind that some features may vary when registering a Nigerian account.


About the Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

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