eToro

eToro is a multi-asset brokerage and social investment platform that pioneered copy trading — the ability to automatically replicate the live portfolio moves of other investors. Founded in 2007 in Israel and publicly listed on Nasdaq in May 2025 under the ticker ETOR, the company serves over 40 million registered users across 75 countries. Crypto is a core growth driver: cryptocurrencies represented 38% of eToro's $931 million in commissions in 2024, and the platform supports over 150 digital assets including Solana (SOL), which users can trade and stake directly through the app.

Core Mechanism: Social Trading

eToro's defining feature is CopyTrader, a system that connects less experienced investors with proven traders whose portfolios they can mirror automatically and in real time. When a copied trader opens, adjusts, or closes a position, the same action is replicated proportionally in the follower's account — no manual intervention required. Copying is free; eToro's standard spreads and crypto fees apply to the replicated trades.

On the supply side, eToro runs a Popular Investor Program. Traders who make their profiles public and gain a following earn monthly income from the platform based on assets under copy. This creates a two-sided marketplace dynamic: skilled traders have a financial incentive to perform transparently, and newcomers get a curated pool of publicly visible performance records to evaluate before committing funds.

Smart Portfolios — previously called CopyPortfolios — extend the same logic to thematic baskets. These are algorithm-managed or editorially constructed portfolios around themes such as tech stocks, AI, or crypto sub-sectors, rebalanced automatically according to defined rules.

Platform Features

Multi-asset access. eToro provides access to thousands of stocks across 20 global exchanges, ETFs with zero commission, currency pairs, commodities, and indices, alongside its crypto offering. The platform charges $1 flat per stock trade and 1% on crypto positions, positioning itself as a transparent-pricing alternative to tiered commission brokers.

Interest on balance. Users earn up to 3.55% annual interest on uninvested cash balances, paid monthly, making idle capital productive without requiring active investment.

Options trading. Added in recent years, options on equities expand the platform's appeal to more sophisticated retail traders.

Demo accounts. New users can practice with a virtual $100,000 balance before committing real capital, reducing friction for first-time investors.

GoodWallet. eToro's non-custodial Web3 wallet connects users to external DeFi protocols covering lending, tokenization, and prediction markets. Unlike the main brokerage interface — where eToro holds custody — GoodWallet puts private key control in the user's hands and allows interaction with decentralized applications directly.

AI-first mobile app. In July 2026, eToro unveiled a redesigned mobile application described as "AI-first, smart, and social," presented at its Intelligence in Motion event in London. The update signals a shift toward AI-assisted investment recommendations alongside the existing social features.

Crypto and Token Support

eToro supports over 150 cryptocurrencies, with a fixed 1% spread on all crypto positions. Solana (SOL) is among the supported assets available for both spot trading and staking. Other major assets include Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Polkadot (DOT), Near Protocol (NEAR), Polygon (POL), Tron (TRX), Sui (SUI), and Cosmos (ATOM).

Crypto positions can be held in custody on eToro's platform or transferred to GoodWallet for self-custody and DeFi access.

Solana Staking on eToro

eToro runs a managed Solana staking service for eligible users. Staking rewards become active on day 8 after opening a SOL position, with a seven-day activation window reflecting Solana's epoch-based reward cycle. Rewards are distributed monthly.

The percentage of staking yield passed to users scales with eToro Club membership tier:

• Bronze (non-Club): 45% of yield
• Silver: 55%
• Gold: 65%
• Platinum: 75%
• Platinum+: 85%
• Diamond: 90%

eToro retains the remainder to cover operational, technical, and legal costs associated with validator delegation and reward collection. This is a custodial staking model — users do not select validators or manage stake accounts; eToro handles the infrastructure and distributes net rewards proportionally.

Regional availability varies. Some markets, including parts of the UAE, have a more limited staking menu.

Company Financials and Public Listing

eToro went public on Nasdaq in May 2025 at $52 per share, raising approximately $620 million in the offering. Shares opened at $69.69 on debut, implying a market capitalization of roughly $5.64 billion at open — well above the initial target range of $46–$50.

Financial performance in the lead-up to the IPO was strong. Full-year 2024 commissions reached $931 million, up 46% year-over-year, while net income jumped to $192.4 million from $15.3 million in 2023. Crypto was the primary growth engine, more than doubling its share of commissions. As of December 2025, the platform reported 3.81 million funded accounts and $18.5 billion in assets under administration.

Team

eToro was co-founded in 2007 by three Israelis: Yoni Assia (CEO), Ronen Assia (Chief Product Officer), and David Ring. Yoni Assia has remained the public face of the company throughout its growth from a forex-focused startup into a global multi-asset platform. The founders built eToro on the thesis that retail investing suffers from opacity — that most people lack the time, expertise, or access to invest well — and that surfacing the real-time portfolios of skilled investors could flatten that informational asymmetry.

Regulatory Profile

eToro holds licenses from multiple major regulators: the Cyprus Securities and Exchange Commission (CySEC), the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and others matching local market requirements.

The company has faced enforcement actions in several jurisdictions. In 2024, it reached a settlement with the US Securities and Exchange Commission over allegations of operating as an unregistered broker-dealer and clearing agency in crypto asset securities trading, agreeing to restrict which crypto assets US users can trade. In 2023, Italian authorities fined eToro for misleading advertising. ASIC litigation in Australia over CFD product design practices was still ongoing as of early 2025.

Solana Relevance

eToro's relevance to Solana Compass users sits in three areas: it is one of the major regulated retail access points for buying and selling SOL in many countries; its managed staking service offers a low-friction way for holders to earn yield on SOL without running infrastructure; and GoodWallet provides a bridge from the eToro brokerage environment into the broader DeFi ecosystem for users who want self-custody exposure. For the large segment of retail crypto users who operate through regulated brokerages rather than native wallets, eToro represents one of the main platforms where SOL positions are held and staked globally.