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eToro regulation

Across a hundred brokers, the licence is what separates the field fastest. Here is eToro's regulatory record in full.

Facts last checked . Read the full eToro review.

Regulation and safety

Regulated by
FCA (583263); CySEC (109/10); ASIC (AFSL 491139); Seychelles FSA (SD076); ADGM FSRA (220073); MAS (CMS101824); SEC/FINRA (CRD 298361)
Regulator tier
Tier 1
Register entry
FCA Financial Services Register, FRN 583263
Client money segregated
Yes
Held at
J.P. Morgan, UBS, Citi, Barclays and other applicable custodian banks
Negative balance protection
Yes
Compensation scheme
FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible EU clients; SIPC up to $500,000 including $250,000 cash for eligible US securities clients
Audited by
EY
Not available to
Afghanistan, Belarus, Cuba, Iran, North Korea, Russia, Syria and other unsupported/restricted jurisdictions

Check the licence yourself: the FCA Register, the CySEC register of investment firms, ASIC Connect, the Seychelles FSA list of regulated entities, the MAS Financial Institutions Directory, FINRA BrokerCheck.

What this means

Across a hundred brokers, the licence is what separates the field fastest.

eToro holds tier-one authorisations from ASIC, FCA, CySEC and MAS. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

Client money is held separately from the firm's own money, at J.P. Morgan, UBS, Citi, Barclays and other applicable custodian banks. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible EU clients; SIPC up to $500,000 including $250,000 cash for eligible US securities clients, which pays eligible clients up to its limit if the firm fails owing client money.

Questions about eToro regulation

Who regulates eToro?

eToro is regulated by FCA (583263); CySEC (109/10); ASIC (AFSL 491139); Seychelles FSA (SD076); ADGM FSRA (220073); MAS (CMS101824); SEC/FINRA (CRD 298361).

Is client money segregated at eToro?

Yes. eToro holds client money separately from its own funds, at J.P. Morgan, UBS, Citi, Barclays and other applicable custodian banks.

Does eToro offer negative balance protection?

Yes. eToro offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.

Regulation at brokers under the same regulator

More about eToro