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17% of US Investors Trust AI, 53% Trust Financial Institutions in UK: eToro and Nasdaq
- The study finds US investors spend 2 hours and 42 minutes on research per week, while UK investors spend 2 hours and 24 minutes.
- US retail investors spend more on investment education, with 23% taking courses versus 15% in the UK.
Thursday, 21/11/2024 | 14:04 GMT by
Tareq Sikder
eToro Secures New York License, Eyes Global Expansion
- The fintech firm now aims to offer access to stocks, options, cryptocurrencies, commodities, and indices in the region.
- The company is also exploring AI technology to enable users to analyze investment opportunities.
Wednesday, 20/11/2024 | 19:58 GMT by
Jared Kirui
Exclusive: eToro Quadruples BTC Trading Volume amid US Election; Pepperstone, Axi See Jump
- Pepperstone's crypto CFDs volume jumped over 3 times after the US elections, while Axi witnessed a 92% rise.
- The number of open crypto trading positions on Axi also increased 13 times.
Tuesday, 19/11/2024 | 12:22 GMT by
Arnab Shome
eToro Survey: 55% of Gen Z Discuss Investments with Friends, Surpasses Boomers
- Gen Z spends 3.7 hours per week on investment research, more than other age groups.
- Investment tips are shared with strangers and colleagues, but less often with romantic partners by Gen Z.
Wednesday, 06/11/2024 | 13:40 GMT by
Tareq Sikder
eToro Launches GBP and EUR Trading to Reduce Conversion Fees
- Previously, users had to convert their local currencies into USD to trade the UK and European stocks.
- The new offering is reportedly part of eToro's strategy to localize its services to key markets.
Monday, 14/10/2024 | 13:51 GMT by
Jared Kirui
eToro Upgrades Price Alert Functionality with New Features and Access Widget
- Users will receive instant confirmations for setting, updating, or deleting alerts, along with details.
- A bell icon will appear next to the instrument's symbol, indicating active price alerts.
Monday, 07/10/2024 | 08:53 GMT by
Tareq Sikder
eToro UK's 2023 Net Income Drops 15% as Trading Commissions Decline
- Despite higher trading costs and economic headwinds, the firm reportedly invested heavily in research and development.
- eToro UK increased its total assets by 41% year over year to more than $60 million.
Thursday, 03/10/2024 | 15:24 GMT by
Jared Kirui
Retail Investors Flock to Stocks from Forex After Fed Rate Cut. Here's Why
- According to an eToro survey, millennials are leading this shift, increasing local and international equity ownership.
- Commodities and crypto are also trending, while cash assets are losing ground.
Wednesday, 25/09/2024 | 13:11 GMT by
Damian Chmiel
eToro USA Settles with SEC for $1.5M and Restricts Crypto Trading: Eyes US IPO
- As part of the settlement, eToro will limit crypto trading in the US to Bitcoin, Bitcoin Cash, and Ether.
- US customers will have 180 days to sell other crypto assets before they are removed from the platform.
Thursday, 12/09/2024 | 14:18 GMT by
Tareq Sikder
eToro and Exness Lead on Social Media: 5.1 Million Followers Push Trading Dominance
- The Finance Magnates social media presence benchmark was developed to measure the growing popularity of brokers on networking sites.
- Six of the top 10 brokers with the biggest presence on social media are also in our top 10 volume ranking.
Monday, 05/08/2024 | 13:40 GMT by
Sylwester Majewski
eToro Launches Staking for Solana and Ethereum: Intro Days and Eligibility
- Rewards are available to eligible users who meet conditions and are subject to staking risks.
- Solana users are automatically enrolled in staking, while Ethereum users must opt in.
Wednesday, 31/07/2024 | 09:23 GMT by
Tareq Sikder
eToro Ventures into Italian Fintech through Collaboration with SDA Bocconi
- The Hub aims to connect companies, startups, and researchers while offering learning opportunities.
- eToro will help design an event focused on the fintech industry's role in financial markets.
Monday, 15/07/2024 | 16:18 GMT by
Tareq Sikder
eToro Renews Sponsorship of Operazione Nostalgia to Promote Sports Values
- This collaboration aims to commemorate the achievements of soccer legends and will culminate in an event scheduled for July 7.
- Operazione Nostalgia is a digital entity focused on promoting positive values associated with football and sports in general.
Thursday, 27/06/2024 | 18:50 GMT by
Jared Kirui
Cash is King, But Crypto Beckons: Inside the Modern Retail Investor's Portfolio
- As many as 69% of retail investors hold cash in their portfolios, a study by eToro revealed.
- They also claim that they will invest in cryptocurrencies in the near future.
Wednesday, 26/06/2024 | 09:44 GMT by
Damian Chmiel
eToro Renews Sports Sponsorship Deal with Czech Football Club SK Slavia Prague
- The company will maintain its brand visibility across the club’s channels, including player uniforms, LED boards, and social media.
- Last season, SK Slavia Prague finished second in the Czech League and reached the last 16 of the UEFA Europa League.
Wednesday, 19/06/2024 | 17:42 GMT by
Jared Kirui
eToro and X Partner as the Social Media Platform Handled 1.4 Billion Posts on Trading
- Under the partnership, eToro will publish financial educational content on the social media platform.
- The content will be rolled out across the UK, Germany, France, Italy, Spain, the UAE, and the US.
Wednesday, 12/06/2024 | 06:00 GMT by
Arnab Shome
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