eToro Supported Countries | Is Your Country Eligible?
Mike Harry
Feb 2024
4 min read
Fact checked
eToro is a popular social trading platform that allows users to invest in a wide range of financial instruments. In this article, we will highlight which countries are supported by eToro and which are prohibited for trading on the platform. So if you are not sure if eToro is supported in your country, read on!
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
eToro Supported Countries
If you're wondering where eToro is available, the answer is that it's currently available in over 140 countries worldwide. Some of the supported countries include the United States, United Kingdom, Australia, Germany, France, and many others
As for the number of users, eToro boasts a community of over 25 million users globally. So if you're looking to join a popular and trustworthy platform for trading and investing, eToro is definitely worth checking out!
eToro Restricted & Banned countries
eToro, a popular social trading platform, has certain restrictions on the countries where it operates. The company is regulated by leading financial authorities and has to comply with strict regulations in each country it operates. As a result, eToro is not available in some countries due to regulatory reasons.
Some of the countries that are currently banned or restricted from using eToro include Japan, Canada, Turkey, Indonesia, most countries in the middle east and US citizens who reside outside of the United States. It's important to note that eToro's list of restricted countries may change over time, so it's always best to check their website for the latest information.
Is eToro Regulated?
eToro is a regulated and licensed exchange platform that operates in several countries around the world. The specific countries in which eToro holds licenses and regulations include the United Kingdom, Cyprus, Australia, and the United States.
In the UK, eToro is authorized and regulated by the Financial Conduct Authority (FCA). In Cyprus, eToro is regulated by the Cyprus Securities and Exchange Commission (CySEC).
In Australia, eToro is authorized and regulated by the Australian Securities and Investments Commission (ASIC). Finally, in the United States, eToro operates under various licenses, including those from the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC).
These licenses and regulations ensure that eToro adheres to strict standards of security, transparency, and customer protection.
Is eToro available in the US?
Yes, eToro is available in the US. eToro is a social trading and multi-asset brokerage company that allows its users to trade various financial instruments, including stocks and cryptocurrencies, among others.
It operates in over 140 countries, including the US, where it is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). As mentioned previously however, eToro is not available to US citizens who no longer reside in the United States.
Can I use eToro in UK & Canada?
Yes, eToro is available in the UK but unfortunately not in Canada. As a leading social trading platform, eToro allows users UK residents to invest in a wide variety of financial assets, including stocks and cryptocurrencies.
Disclaimer
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured.
Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance.
luckyaltcoin.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.