# eToro

> social trading and multi asset brokerage company

**Wikidata**: [Q5324516](https://www.wikidata.org/wiki/Q5324516)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/EToro)  
**Source**: https://4ort.xyz/entity/etoro

## Summary
eToro is a social trading and multi-asset brokerage company founded in 2007, headquartered in Tel-Aviv, Israel. It operates as a public company and provides trading platforms for various financial instruments, including stocks, forex, and cryptocurrencies. The company has grown significantly, with revenue tripling to $931 million in 2024 and filing for a $620 million IPO in 2025.

## Key Facts
- Founded in 2007 by Yoni Assia.
- Headquartered in Tel-Aviv, Israel, with operations in Cyprus, the United Kingdom, and Israel.
- CEO: Yoni Assia.
- ISIN: VGG320891077.
- Revenue:
  - $605 million in 2020.
  - $1.2 billion in 2021.
  - $639 million in 2023.
  - $931 million in 2024.
- EBITDA:
  - $117 million in 2023.
  - $304 million in 2024.
- Net profit:
  - $82.9 million in 2020.
  - $265.7 million in 2021.
  - $192 million in 2024.
- Assets under management: $16.6 billion in 2024.
- Employees: 1,700 as of 2024.
- Stock exchange: Nasdaq (ETOR).
- IPO filing: $620 million in May 2025.
- Social media presence: Active on Twitter, Facebook, Instagram, and YouTube.

## FAQs
### Q: What is eToro's primary business model?
A: eToro operates as a social trading and multi-asset brokerage, allowing users to trade stocks, forex, and cryptocurrencies. It also offers a platform for copying successful traders' strategies.

### Q: How much revenue did eToro generate in 2024?
A: eToro reported revenue of $931 million in 2024, up from $639 million in 2023.

### Q: Who founded eToro, and when was it established?
A: eToro was founded by Yoni Assia in 2007 and is headquartered in Tel-Aviv, Israel.

### Q: What is eToro's IPO valuation?
A: eToro filed for a $620 million IPO in May 2025, with an estimated valuation of $5.5 billion.

### Q: How many employees does eToro have?
A: As of 2024, eToro employs approximately 1,700 people.

## Why It Matters
eToro has revolutionized the trading industry by combining social trading with multi-asset brokerage services. Its platform allows users to copy the trades of successful investors, democratizing access to financial markets. The company's growth, particularly its $931 million revenue in 2024 and IPO filing, highlights its success in attracting traders and investors. With a strong presence in multiple countries and a focus on innovation, eToro plays a significant role in modern financial services, making trading more accessible and transparent.

## Notable For
- First to combine social trading with multi-asset brokerage services.
- Reported a 13x increase in profits in 2024, with crypto contributing 96% of revenue.
- Filed for a $620 million IPO in May 2025, valuing the company at $5.5 billion.
- Manages $16.6 billion in assets under management as of 2024.
- Offers a platform for copying successful traders' strategies, democratizing access to financial markets.

## Body
### Overview
eToro is a social trading and multi-asset brokerage company founded in 2007 by Yoni Assia. Headquartered in Tel-Aviv, Israel, the company operates in Cyprus, the United Kingdom, and Israel. It provides trading platforms for stocks, forex, and cryptocurrencies, allowing users to copy successful traders' strategies.

### Financial Performance
- **Revenue**: eToro's revenue has grown significantly, reaching $605 million in 2020, $1.2 billion in 2021, $639 million in 2023, and $931 million in 2024.
- **EBITDA**: The company's EBITDA was $117 million in 2023 and $304 million in 2024.
- **Net Profit**: Net profit increased from $82.9 million in 2020 to $265.7 million in 2021 and $192 million in 2024.
- **Assets Under Management**: As of 2024, eToro manages $16.6 billion in assets under management.

### IPO and Growth
- eToro filed for a $620 million IPO in May 2025, valuing the company at $5.5 billion.
- The company's growth has been driven by its social trading platform, which allows users to copy successful traders' strategies.

### Employee Count
- eToro employs approximately 1,700 people as of 2024.

### Social Media Presence
- eToro has a strong social media presence, with active accounts on Twitter, Facebook, Instagram, and YouTube.
- The company's Twitter account, eToro, has over 335,854 followers as of 2023.

### Products and Services
- eToro offers trading platforms for stocks, forex, and cryptocurrencies.
- The company also provides the Delta Investment Tracker, a tool for tracking investment performance.

### Legal and Regulatory
- eToro is a private company limited by shares.
- The company is regulated in Cyprus, the United Kingdom, and Israel.

### Industry Impact
- eToro's success in combining social trading with multi-asset brokerage services has democratized access to financial markets.
- The company's growth and IPO filing highlight its significant role in the modern financial services industry.

## References

1. [Source](https://www.calcalistech.com/ctech/articles/0,7340,L-3905770,00.html)
2. [Source](https://www.calcalistech.com/ctech/articles/0,7340,L-3924769,00.html)
3. [Source](https://en.globes.co.il/en/article-etoro-files-for-wall-street-ipo-in-q2-report-1001499745)
4. [Source](https://www.calcalistech.com/ctechnews/article/sj6ykcjakg)
5. [Source](http://km.aifb.kit.edu/services/crunchbase/)
6. [Source](https://www.cityindex.co.uk/market-analysis/etoro-ipo-guide)
7. [Source](https://marketing.etorostatic.com/cache1/pdf/eToro-Investor-Presentation.pdf)
8. [Source](https://financefeeds.com/etoro-doubles-revenue-2021-posts-84mln-q4-loss/)
9. [Source](https://www.reuters.com/world/middle-east/trading-platform-etoro-reports-revenue-surge-long-awaited-us-ipo-filing-2025-03-25/)
10. [Source](https://www.bloomberg.com/news/articles/2025-03-24/etoro-group-files-for-ipo-showing-revenue-tripled-last-year)
11. [Source](https://www.investors.com/news/ipo-stock-in-buy-zone-reports-earnings-ai-reshapes-investing-stock-market-landscape/)
12. [Source](https://marketing.etorostatic.com/cache1/pdf/eToro_Investor_Update_-_June_2021.pdf)
13. [Source](https://www.etoro.com/about/investors/)
14. [Source](https://www.nasdaq.com/articles/etoro-group-ltd-reports-strong-q1-2025-financial-results-and-marks-successful-public)
15. [Source](https://www.globenewswire.com/news-release/2025/06/10/3096466/0/en/eToro-Reports-First-Quarter-2025-Results.html)
16. [Source](https://www.financemagnates.com/fintech/etoros-2024-profits-soared-13x-with-crypto-contributing-96-of-revenue/)
17. [Source](https://business-review.eu/money/etoro-reports-strong-q2-2025-growth-with-210-million-net-contribution-and-17-5-billion-in-assets-under-administration-287468)
18. [Source](https://www.ft.com/content/450d4835-e1ce-485b-bd2a-d37d4ef4188e)
19. YouTube API