What is eToro?

eToro describes itself as “the world’s leading social trading platform, offering a wide array of tools to invest in the capital markets.” Social trading is a service that allows investors to follow, share and replicate the trading strategy of other traders.

eToro was founded as RetailFX in 2006 in Tel Aviv, by brothers Yoni Assia and Ronen Assia, together with David Ring with a mission “To make trading accessible to anyone, anywhere, and reduce dependency on traditional financial institutions.”

eToro’s main research and development office is located in Tel Aviv, Israel. In addition to legal entities registered in the UK, Cyprus, Australia and the U.S.A.

eToro offers both short-term options for day traders and long-term options for investors, including stocks, commodities, forex, cryptos, exchange-traded funds (ETFs) and indices,

eToro currently offers crypto trading for U.S. customers but states they will be able to offer additional services “soon.”  My email for elaboration received this response:

“We do not have a time estimation to roll out additional USA trading markets. We will send an email notification as soon as we have an update.”