eToro secures full license in UAE, expanding financial services across the region - TopForex.Trade

eToro secures full license in UAE, expanding financial services across the region

eToro, the renowned retail and Social Trading platform, achieves a pivotal milestone with the acquisition of a full license in the UAE. The Abu Dhabi Global Market (ADGM) has granted approval, enabling eToro to operate as a broker dealing in securities, derivatives, and Crypto assets across the United Arab Emirates.

eToro Forex trading the UAE
98
Min. deposit
-
Max. leverage
1:30
Bonus
Used by
30000000+
Min. Spread
0.5
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Trustly, iDEAL, Rapid, PayPal, Klarna, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
FCA
CySEC
ASIC
eToro secures full license in UAE, expanding financial services across the region

After surpassing a year-long process, eToro, the retail and social trading platform, has secured a comprehensive license in the United Arab Emirates (UAE). The Abu Dhabi Global Market (ADGM) has officially granted approval for eToro to function as a broker, dealing with securities, derivatives, and crypto assets within the region.

98
Min. deposit
-
Min. Spread
0.5
Bonus
Max. leverage
1:30
Used by
30000000+
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Trustly, iDEAL, Rapid, PayPal, Klarna, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
FCA
CySEC
ASIC
98
Min. deposit
-
Max. leverage
1:30
Bonus
Used by
30000000+
Min. Spread
0.5
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Trustly, iDEAL, Rapid, PayPal, Klarna, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
FCA
CySEC
ASIC

This endorsement, issued by the Financial Services Regulatory Authority of ADGM, empowers eToro to establish its presence in Abu Dhabi and extend its services throughout the entire UAE.

Yoni Assia, the Founder and CEO of eToro, expressed, “This marks a significant milestone in our ongoing global expansion. Abu Dhabi is increasingly establishing itself as a thriving fintech hub, and we are enthusiastic about integrating into this flourishing ecosystem.”

 

Learn how to trade currency pairs, stocks, and CFDs on popular assets with Top Forex broker eToro

 

Arvind Ramamurthy, the Chief of Market Development at ADGM, warmly welcomed the approval, stating, “We are confident that ADGM’s dynamic ecosystem and progressive regulations will facilitate eToro’s vision.” Ramamurthy highlighted ADGM’s standing as the largest regulated jurisdiction for virtual assets in the MENA region, emphasizing that eToro’s involvement will strengthen the UAE’s prominence in global finance.

The issuance of the full license follows eToro’s initial in-principal authorization to operate within one of the Arab emirates over a year ago.

eToro