The company has over 20 million registered users, according to its investor presentation.
In 2019, eToro added an average of 192,000 new users each month. That figure jumped to an average of 440,000 in 2020.
eToro users made over 75 million trades in the month of January 2021. That marked a significant inscrease from the 8 million and 27 million average monthly trades in 2019 and 2020, respectively.
Growth Ahead For eToro: eToro launched crypto and social trading in the U.S. in 2019. In the second half of 2021, the company plans to launch stock trading in the U.S. market.
In 2020, the European market represented 69% of funded accounts. The Americas region was only 8% of funded accounts, raking third behind Europe and the Asia Pacific region (18%).