OverviewSuggest Edit

eToro is a provider of a social trading platform offering a range of trading and investment tools. It enables registered users to interact and gain from each other's experience, manage their capital online, and create a portfolio with cryptocurrencies, stocks, commodities, etc.
TypePrivate
Founded2007
HQGreater London, GB
Websiteetoro.com
Employee Ratings4
Overall CultureA

Latest Updates

Employees (est.) (Sept 2021)2,086(+3%)
Revenue (FY, 2019)£5.2 M(-30%)
Cybersecurity ratingBMore

Key People/Management at eToro

Yoni Assia

Yoni Assia

Chief Executive Officer & Founder
Ronen Assia

Ronen Assia

Founder & Executive Director
Shalom Berkovitz

Shalom Berkovitz

CFO and Deputy CEO
Avi Sela

Avi Sela

Chief Operation Officer
Tal Ben-Simon

Tal Ben-Simon

VP Product
Miri Kedem

Miri Kedem

VP Human Resources
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eToro Office Locations

eToro has offices in Greater London, Hoboken, Sydney and Germasogeia
Greater London, GB (HQ)
24th floor, One Canada Square Canary Wharf E14 5AB
Sydney, AU
level 19/9 Hunter St
Germasogeia, CY
Profiti Ilias 4
Hoboken, NJ, US
221 River St 9th Floor
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eToro Financials and Metrics

Summary Metrics

Founding Date

2007

eToro total Funding

$272.7 m

eToro latest funding size

$50 m

Time since last funding

9 months ago

eToro investors

eToro's latest funding round in December 2020 was reported to be $50 m. In total, eToro has raised $272.7 m
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eToro Revenue

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eToro's revenue was reported to be £5.2 m in FY, 2019 which is a 30.4% decrease from the previous period.
GBP

Revenue (FY, 2019)

5.2m

Revenue growth (FY, 2018 - FY, 2019), %

(30.4%)

Gross profit (FY, 2019)

5.1m

Gross profit margin (FY, 2019), %

98.5%

Net income (FY, 2019)

(519.9k)

EBIT (FY, 2019)

(540.8k)

Cash (31-Dec-2019)

3.8m
GBPFY, 2017FY, 2018FY, 2019

Revenue

2.8m7.5m5.2m

Revenue growth, %

164%(30%)

Cost of goods sold

51.4k446.3k78.4k

Gross profit

2.8m7.0m5.1m
GBPFY, 2017FY, 2018FY, 2019

Cash

3.1m2.3m3.8m

Prepaid Expenses

10.2k55.5k171.3k

Current Assets

3.3m11.8m12.2m

PP&E

164.4k
GBPFY, 2018FY, 2019

Depreciation and Amortization

65.8k38.5k

Accounts Payable

535.3k241.5k

Cash From Operating Activities

(2.6m)1.6m

Purchases of PP&E

(45.8k)(155.2k)
GBPFY, 2017

Revenue/Employee

4.9k

Financial Leverage

2.9 x
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eToro Operating Metrics

Mar, 2021Jun, 2021

Countries

140140

Trades Opened

335.52 m344.18 m
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eToro Acquisitions / Subsidiaries

Company NameDateDeal Size
Marq Millions Ltd.July 29, 2020
DeltaNovember 06, 2019
FirmoMarch 25, 2019

eToro Revenue Breakdown

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eToro revenue breakdown by business segment: 58.7% from Trading Commissions and 41.3% from Other Commissions

eToro Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

eToro Online and Social Media Presence

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eToro Company Culture

  • Overall Culture

    A

    78/100

  • CEO Rating

    B

    70/100

  • Compensation

    B-

    71/100

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eToro News and Updates

Michael Ptasznik joins the eToro Board

HOBOKEN, N.J., Sept. 20, 2021 /PRNewswire/ -- eToro Group Ltd ("eToro"), a multi-asset investment platform that empowers people to grow their knowledge and wealth as part of a global community of successful investors, today announced the appointment of Michael Ptasznik to its Board of...

Social Investment Network eToro Names Lule Demmissie US CEO

NEW JERSEY, N.J., Sept. 2, 2021 /PRNewswire/ -- eToro Group Ltd ("eToro"), a multi-asset investment platform that empowers people to grow their knowledge and wealth as part of a global community of successful investors, today announced the appointment of Lule Demmissie to the role of US...

eToro says crypto made up 73% of trading commissions in the last quarter, as retail customers dived in

Summary List PlacementCrypto assets drove 73% of eToro's total trading commissions in the second quarter, compared with 7% a year ago, as interest in digital assets rose and retail investors carried out more trades. That lift in customer engagement with cryptoassets is driving strong positive mome…

Backbase wins eToro customer onboarding and compliance contract

Backbase, an Engagement Banking technology provider, announces today that it has partnered with eToro, a multi-asset investment platform that empowers people to grow their knowledge and wealth, to enhance eToro’s digital onboarding capabilities and back-end compliance infrastructure.

Denmark's most popular eToro trader breaks down how his time as an elite chess player helped shape the strategy that made him 400% returns on bitcoin this year and led 15,000 people to copy his portfolio

Summary List Placement"Investing is all about managing probabilities," Christian Jain Kongsted said. To get the odds swing in his favor, he wades deep: Jain Kongsted combines data, psychology and his background as an elite chess player to gain an edge. The methodology has made him one of Denmark's…

eToro review: Cryptocurrency trading with a community of experienced investors

 Summary List PlacementTable of Contents: Masthead StickyBottom line: eToro USA is best for crypto traders looking to exchange popular assets like bitcoin, ethereum, and dogecoin. It also stands out for its community features, which let you see how experienced traders are investing and even mimic t…
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eToro Blogs

What you need to know about the Coupang IPO

It is said that: “you can’t have your cake and eat it too.” Well, Coupang wants you to have your cake, eat it and lick the plate. The South Korean e-commerce giant will be going public on the New York Stock Exchange on March 10th, 2021.  The company’s founder Bom Kim wants his customers to … Continu…

The Roblox IPO: How to invest in this gaming up-and-comer

2021 is shaping up to be a year with some exciting companies going public. One great example is gaming platform Roblox, whose unique offering and business model have many investors lining up to purchase the stock. Like Google and Spotify before it, the company is opting for a direct listing rather t…

Here’s to 20 million eToro users!

We can now say it officially, loud and proud: eToro has 20 million registered users worldwide. Wow — what an amazing milestone! Since our inception in 2007, we have always strived to open the global markets to everyone, everywhere. Now, as we celebrate our 20 millionth user, we wanted to look back a…

Crypto Roundup, March 8, 2021 – Bitcoin reclaims $50k after turbulent week

Market makes comeback amidst accelerating institutional adoption Since falling alongside the stock market early last week, Bitcoin has bounced beyond $50K, bringing most of the crypto market back into the green. The comeback was accompanied by a string of bullish headlines. Goldman Sachs has restart…

Weekly Stock Market Update: Friday’s rally saved the week

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week showed significant gains for The Michaels Companies Inc. (MIK), Canaan Inc. (CAN), Centennial Resource Development Inc./DE (CDEV), Diamondback Energy Inc. (FANG), Discovery Communications Inc. (DISCA). The Michaels Compan…

Q&A with a Popular Investor: Sharon Connolly

eToro Popular Investor Sharon Connolly started small. In 2013, she was living as an expat in Singapore. Struggling to make ends meet after a divorce, Sharon was given $20 of Facebook shares on eToro as a gift. With zero trading experience, she started dabbling on the eToro trading platform, adding m…
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eToro Frequently Asked Questions

  • When was eToro founded?

    eToro was founded in 2007.

  • Who are eToro key executives?

    eToro's key executives are Yoni Assia, Ronen Assia and Shalom Berkovitz.

  • How many employees does eToro have?

    eToro has 2,086 employees.

  • What is eToro revenue?

    Latest eToro annual revenue is £5.2 m.

  • What is eToro revenue per employee?

    Latest eToro revenue per employee is £2.5 k.

  • Who are eToro competitors?

    Competitors of eToro include Robinhood, GAIN Capital and Forex Capital Markets (FXCM).

  • Where is eToro headquarters?

    eToro headquarters is located at 24th floor, One Canada Square Canary Wharf E14 5AB, Greater London.

  • Where are eToro offices?

    eToro has offices in Greater London, Hoboken, Sydney and Germasogeia.

  • How many offices does eToro have?

    eToro has 4 offices.