Since its foundation in Israel in 2007, eToro has quickly climbed the ladder of the social trading revolution and proudly occupies the leading position as the world’s biggest social trading and investment platform, which is initially introduced in 2010.
eToro is exiting the Philippines, citing "risk management considerations" as the primary reason behind its decision. Filipino users have until 8 December 2024 to withdraw their funds, with full account access being blocked on 15 February 2025. Additionally, crypto transfers into eToro Wallet will stop on 1 December 2024, and Wallet access will be blocked from 15 December 2024. Though eToro didn’t elaborate on the specific risks, the move comes after a ... [show/hide]
Wednesday 16 October, 2024
Toro's latest quarterly report reveals a significant shift in retail investor interest toward European stocks, particularly in the energy and financial sectors, following recent price drops. Eni saw an 80% increase in shareholders, while TotalEnergies and Enel rose by 48% and 36%, respectively. Financial institutions like Santander and BNP Paribas grew by 38% and 37%. Sam North, eToro’s Market Analyst, noted that investors are turning to European markets ... [show/hide]
Wednesday 09 October, 2024
eToro has agreed to acquire the Australian investment app Spaceship for up to AUD 80 million. Spaceship, founded in 2017, manages AUD 1.5 billion in assets and serves over 200,000 clients. The acquisition will help eToro expand its presence in Australia and enhance its long-term savings products. eToro CEO Yoni Assia highlighted the shared goal of making investing accessible, while Spaceship CEO Andrew Moore called the deal a key milestone for growth. ... [show/hide]
Thursday 26 September, 2024
eToro has settled with the U.S. SEC for $15 million over allegations of violating U.S. securities laws. The settlement requires eToro to stop offering certain cryptocurrencies to U.S. customers while continuing to support major cryptocurrencies like ... [show/hide]
Friday 13 September, 2024
eToro has announced a partnership with Deutsche Börse, adding 290 German-listed stocks to its platform, including DAX40 companies. This expansion allows eToro users globally to trade a broader range of stocks, including smaller companies. The collaboration also enhances price data quality, benefiting German traders with improved trading experiences. Yossi Brandes, eToro's VP of executive services, highlighted that the partnership strengthens localized ... [show/hide]
Thursday 05 September, 2024
eToro has partnered with the Dubai Financial Market (DFM) to allow its users to invest in ten major companies listed on the DFM. This strategic move enables eToro users to diversify their portfolios with high-performing stocks from a leading ... [show/hide]
Tuesday 20 August, 2024
eToro is launching an AI-generated ad campaign for the Paris 2024 Olympics. The campaign, produced using Lightricks' AI-powered LTX Studio, will air during the Olympics on Eurosport and stream on discovery+ and Max, covering 45 markets in 19 ... [show/hide]
Thursday 25 July, 2024
eToro has announced it will halt trading of the LUNA token, associated with Terraform Labs, due to the company's bankruptcy. Starting July 17, 2024, LUNA will be transitioned to "close-only" status, allowing existing holders to close their positions ... [show/hide]
Tuesday 16 July, 2024
eToro, a trading and investment platform, announced a collaboration with SDA Bocconi to strengthen its position in the Italian and European fintech ecosystem. This partnership, revealed today, marks eToro's involvement in the European FS (Financial ... [show/hide]
Monday 15 July, 2024
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