Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Italian misleading-advertising penalty
Italy's competition authority found that eToro's promotion of commission-free share trading did not sufficiently disclose currency-conversion costs, transfer restrictions and limitations affecting shareholder rights, and imposed a €1.3 million fine.
2023
Australian CFD litigation
ASIC commenced Federal Court proceedings against eToro Aus Capital concerning the design and distribution of CFDs. ASIC alleged that the product's target market was too broad for a complex, volatile product and challenged aspects of eToro's screening and conduct obligations.
2021
Scrutiny over regulatory connections
Reporting examined eToro's relationships with former Israeli financial regulators, including former Israel Securities Authority chairman Shmuel Hauser, who later joined an eToro advisory board. The reporting also discussed regulatory-policy context surrounding Israel's binary-options industry; eToro itself was not described as offering binary options.
2021
Pandora Papers shareholding report
Reporting stated that Israeli politician Nir Barkat had held eToro shares through entities disclosed in the Pandora Papers and discussed eToro's British Virgin Islands registration.