Is eToro legal in the USA?

eToro is legally allowed to offer financial services in the USA. eToro USA LLC has been registered with the FinCEN and offered cryptocurrencies since 2018. On Aug 4th, 2020 they obtained SEC regulation (#8-70212) and opened an office in Hoboken. eToro USA Crypto review: A valid crypto-exchange alternative?

What countries can I use eToro in?

Some of the countries that are restricted from even combing through the eToro website include Canada, Hong Kong, Iceland, Portugal, Taiwan, and Turkey. That said, there are just as many eToro supported countries where you can utilize the social trading platform to your advantage, such as eToro Sweden and eToro Greece.

Does eToro allow us clients to trade cryptocurrencies?

Yes, as of this writing, eToro allows its US clients to trade cryptocurrencies and participate in social trading. Currently, they are on phase 1 and real trading is allowed in a number of states while some states can open an account but only access the virtual portfolio (demo account) for the meantime.

Where is eToro based?

First, let's get acquainted with the internal functions of eToro. So, in which country is eToro based? The company's primary research and development office is situated in Tel Aviv, Israel. But its other headquarters are placed in London, England, and Limassol, Cyprus. It is presently regulated by the CySEC authority in the European Union.