Etoro net worth

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The Portfolio Value represents the current state of your account if you were to close all of your open positions and so realize your profit or loss. Was this article helpful? Related Articles. Can I change the currency of my eToro account? What is the Portfolio? Complaints Procedure.

Etoro net worth

Yoni Assia is the Founder and CEO of eToro Exchange, a leading social trading platform that allows users to copy the trades of other successful traders. Let's take a closer look at this article for a better understanding. Who Is Yoni Assia? Assia is a serial entrepreneur who has been involved in the financial technology industry for over 20 years. Assia was born in Israel in He studied computer science at the Technion — Israel Institute of Technology. After graduating, he worked as a software engineer for several years. In , he co-founded eToro with his brother Ronen and David Ring. The platform has over 20 million registered users and allows users to trade stocks, commodities, currencies, and cryptocurrencies. Assia is a strong advocate for democratizing investing.

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In , the firm introduced the capability to invest in stocks and CFDs , alongside commodities and currencies, with an initial offering of stock products which later grew to financial products. In March , eToro acquired Danish blockchain company Firmo for an undisclosed sum. In , the company reported operating in countries [35] [36] and having 20 million users. On January 8, , eToro notified its European clients that "due to extreme market volatility in the crypto markets, margin positions for all leveraged crypto positions" should be changed to nonleveraged, or they would be closed within four hours. Contents move to sidebar hide. Article Talk.

Amid all the news of the last few days, you might have missed that eToro , an Israeli consumer stock-trading service, is going public in the United States via a SPAC. What matters for our purposes is that eToro competes with Robinhood in the United States, though it retains a strong European user base. And, thanks to the fact that it is SPACing itself onto the public markets, we now have lots of its financial data to play with. The Exchange explores startups, markets and money. With Robinhood somewhere between a sheaf of lawsuits and an IPO , the eToro data could provide an interesting insight into the world in which its zero-cost trading competitor operates. If we want to better understand Robinhood, perhaps eToro can provide some clarity. To illustrate both its recent growth and also how relaxed the rules are on what companies can share in their SPAC presentations, eToro has included its full-year results and its January results.

Etoro net worth

Yoni was just 26 years old. Their idea was to win over young and tech-savvy investors with cheaper and simpler ways to buy into equites, commodities, currencies and, later, cryptoassets than an account with a traditional brokerage firm. While eToro does offer commission-free direct stock dealing to individuals — and earns most of its revenue from the spread on executing these trades rather than in payment for order flow from the biggest market makers — few new users start on eToro with a funded brokerage account.

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What does the Portfolio Value represent? Log In Sign Up. Today, over two-thirds of its clients are located in Europe and the U. Or login using:. You may use these funds to open new trades. Or you can drop us a note at tips techcrunch. Mar This is largely due to his ownership of eToro, which is one of the largest social trading platforms in the world. Its funded accounts totaled 2. Initia is a blockchain platform designed to streamline blockchain development by fostering a network of interconnected Layer 2 L2 blockchains.

With the introduction of zero-commission stock trading apps, a whole new class of investor joined the stock market. While some apps have shied away from adding tools to inform and help, eToro built its app from the ground up to be beneficial to inexperienced investors.

Top Trending View more. He believes that everyone should have the opportunity to invest in the markets, regardless of their financial background. Last year, it secured an in principle approval to operate as a broker in Abu Dhabi. Finance Magnates Financial and business news. Archived from the original on 21 July Retrieved 7 April StaFi FIS. The advertisements supplied by our carefully selected sponsors enable us to host and support the company data we share with our free members. Forgot your login details? You may use these funds to open new trades.