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Spurred by a resurgence in cryptocurrency trading and political events, eToro UK saw its net profit leap 144% to $6.0 million in 2024, with revenue climbing 41% as retail investors returned to the platform.
Driven by a crypto rebound and political events, eToro UK’s profits skyrocketed last year. The trading platform reported a net profit of $6.0 million for 2024, a 144% jump from the $2.5 million earned in 2023.
Revenue also saw a strong 41% increase to $177.7 million, fueled by a 38% rise in trading commissions. The company noted a “decisive” return of investor momentum in the final quarter after a mid-year slowdown.
While profits grew significantly, expenses also rose. Administrative costs climbed 38%, largely due to increased fees paid to other entities within the eToro group.
The company’s financial position strengthened, with cash reserves more than doubling and client money held surging to $472 million.
This UK performance follows strong 2024 results for the entire eToro group, which saw a thirteenfold profit increase ahead of its May IPO on Nasdaq.
eToro was founded in 2007. Therefore, it’s been in operation for more than a decade. Staying that long in the market and having developed to success has earned the trust of millions of traders around the world.
Risk disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 52% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
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This article aggregates publicly available market and broker updates from the source CMS. Verify time-sensitive data directly with official sources before making decisions.
Last update: Oct 06, 2025
