eToro (UK) Limited

Broker or investment firm · London, United Kingdom

eToro (UK) Limited is the UK arm of the eToro group and is authorised and regulated by the Financial Conduct Authority under firm reference number 583263. It was incorporated in England on 2 March 2012 and its registered office is on the 24th floor of One Canada Square in Canary Wharf. It sells share dealing, stocks and shares ISAs, CFDs, copy trading and trading in more than 150 cryptoassets to individuals, and its terms classify every customer as a retail client. There is no business current account, no payment service for companies and no lending, so a company cannot use it as a bank. Client money is held in segregated accounts and is covered by the Financial Services Compensation Scheme up to GBP 85,000, but eToro does not pay interest on client money unless it agrees to do so separately. The global register calls it a virtual asset service provider with an electronic money and payment services licence; that is the wrong shape, because the group's electronic money entity is eToro Money UK Ltd and eToro (UK) Limited is an investment firm.

Legal name: eToro (UK) Limited
Regulated by: Financial Conduct Authority (UK)
Licence confirmed: yes, on a regulator's own list
Established: 2012
Website: www.etoro.com

Scores, 0 to 10

7.0Customer satisfaction

Trustpilot rates eToro 4.1 out of 5 and describes the score as Great, although recent reviews on the page include complaints about withdrawal delays and support response times. · source

6.5On-ramp: buy crypto with fiat

A UK company funds its eToro corporate account from its business bank account and can buy more than 150 cryptoassets at 1% per position, but the fee is high for treasury volumes and firms that hold third-party funds or run money transfer are refused. · source

6.0Off-ramp: crypto to fiat in a business account

Positions can be sold to fiat and withdrawn to the company's bank account, and crypto sent in from external wallets can be converted to fiat, but eToro's crypto page says this applies only where available and publishes no business limits. · source

6.0Bitcoin

Bitcoin bought without leverage is the real asset and can be moved to the eToro crypto wallet and on to outside wallets, but whether the wallet is open to UK corporate accounts is not stated, checked September 2026. · source

6.0Ethereum

Ether and many tokens trade on the same terms, and eToro advertises monthly staking rewards of up to 12% APY on eligible coins, though staking eligibility for UK companies is not confirmed on the pages I opened. · source

5.5Financial strength & stability

The parent eToro Group Ltd reported USD 1.39bn of equity and USD 215.7m of profit for 2025 and is listed on Nasdaq, but the UK subsidiary carries no credit rating and publishes no capital position of its own. · source

5.5Crypto wallet and custody for a business

eToro opens corporate accounts for UK companies with a USD 10,000 first deposit, and crypto bought there is held in the client's name, but eToro UK holds only an FCA anti-money-laundering crypto registration, its UK terms place wallet services with Gibraltar affiliate eToro X, and no multi-user or approval controls are described. · source

5.0Crypto-friendly bank

eToro sells trading in more than 150 cryptoassets to individuals at 1 percent per position and says it is FCA-registered for cryptoasset activity, but it opens no accounts for crypto exchanges, brokers or miners. · source

5.0Lowest fees

No account opening, management or inactivity fee and free withdrawals from local currency accounts, but these are trading account fees and there is no business account whose monthly cost could be compared. · source

5.0Stablecoins (USDC, USDT and others)

eToro added USDC in September 2025 so users can buy, sell and convert it to fiat and, where available, withdraw it to the crypto wallet, but there are no stablecoin payouts to suppliers. · source

4.5United Kingdom

FCA authorised with firm reference number 583263 and covered by the FSCS up to GBP 85,000, but the UK offering is a retail investment account with no business current account and no Faster Payments service for companies. · source

3.0Fast digital onboarding

Onboarding is online for individuals over 18 who act on their own behalf, and no company onboarding path is published because eToro (UK) Limited does not open accounts for businesses. · source

2.0Cross-border payments, FX and multi-currency accounts

Clients hold a USD investment account and, if they are UK residents, a GBP local currency account; there is no multi-currency payout service, no SWIFT payments for companies and conversion fees vary by location and Club level rather than being published as a single margin. The account holds one investment currency plus an optional local currency balance, with no cash pooling, no host-to-host connection and no corporate treasury product. · source

2.0Best interest on business balances

Clause 15.9 of the UK terms says eToro UK will not pay interest on client money unless it separately agrees to do so, and no business savings or treasury product exists. · source

2.0Business cards (Visa, Mastercard)

The UK product list covers trading, ISA, crypto and local currency accounts and contains no business card; card products appear only in the personal eToro Money UK account documents. · source

2.0Foreign-owned & non-resident companies

Applications are refused from residents domiciled in Canada and residents or citizens of the United States, and accounts are opened for individuals rather than for foreign-owned companies. · source

2.0High-risk verticals (iGaming, cannabis, adult, forex)

eToro (UK) Limited opens no business accounts at all, so it has no onboarding path for licensed gambling, cannabis, adult or forex operators and publishes no policy on them. · source

1.5Fintech companies that need a partner bank

eToro (UK) Limited is an investment firm and publishes no safeguarding accounts, sponsor banking or rail access for electronic money institutions or payment firms. · source

1.5Online businesses: e-commerce and SaaS

There is no acquiring, no collection account and no marketplace payout product; the platform sells trading to individuals only. No receiving accounts, no accounting integrations and no revenue-based financing are offered, because eToro (UK) Limited serves individual investors and not software companies. · source

1.5Startups & VC-backed companies

No business account, no venture debt and no startup programme are offered, and the terms are written for individual retail clients. · source

1.0Trade, manufacturing & import-export

No letters of credit, guarantees, documentary collections or supply chain finance appear anywhere in the eToro UK product set. · source

1.0Accept crypto payments

eToro is a trading platform; its crypto page covers trading, staking and a wallet, with no merchant checkout or invoicing in crypto, checked September 2026. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.