Facts about eToro

Apr 24, 2020 FAQ, TeP Education

Etoro is an investing and trading company. They cater to global securities like stocks, indices, commodities, cryptocurrencies, and currencies. As an investment firm, capital is needed to invest and trade in global markets. eToro is a brokerage company linking investors and trading to global financial markets. We can’t invest and trade without a licensed brokerage managing our capital and executing our buy and sell.

Regulation and License

eToro’s brokering services are provided by eToro (Europe) Ltd. (“eToro Europe”), a registered Cypriot Investment Firm (CIF). The company’s registration number is HE20058. eToro Europe is regulated by the Cyprus Securities & Exchange Commission (CySEC) under license number 109/10. In the UK, eToro (UK) Ltd. (“eToro UK”),  company registration no. 7973792 is authorized and regulated by the Financial Conduct Authority (FCA), under firm reference number 583263. eToro Europe and eToro UK both operate under and comply with the Markets in Financial Instruments Directive (MiFID). In Australia, services and products are provided by eToro AUS Capital Pty Ltd. (“eToro Australia”), ABN 66 612 791 803 is the holder of an Australian Financial Services Licence (AFSL) 491139 issued by the Australian Securities and Investments Commission (ASIC), and regulated under the Corporations Act (Commonwealth). eToro Australia arranges for its clients to be provided services by eToro Europe.

By Bengsky

Leave a Reply

Your email address will not be published. Required fields are marked *