Is eToro safe?
Under reference 583263, eToro UK Limited is FCA authorised, though is eToro safe when you trade? No, trading with it isn't safe. Since 9 May 2013, the firm has been authorised by the Financial Conduct Authority, the UK's regulator. You're using a firm that meets UK standards and is allowed to hold money for clients.
Authorised by the FCAFRN 583263on the register since 9 May 20135 clone firms on the register
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trading CFDs with this provider leads to losses for 55% of retail investor accounts. You should consider whether you can afford a high risk of losing your money and understand how CFDs work.
This wording comes from eToro itself on etoro.com and was read 2 Nov 2026.
How eToro compares on loss rate with the wider field
Firms on the register that copy eToro
The FCA register names 5 clone firms that use this firm's name or details., and none of them is ETORO (UK) LIMITED.
- Bitcoin FX Optionon the register from 15 Jan 2019
- Expotoro / Tratoro / PayBack Toro (Clone of FCA Authorised Firm)on the register from 20 Jun 2023
- Etoro SB Limited, identified as a clone of an FCA authorised firm, was added 26 May 2022.on the register from 26 May 2022
- On 08 Aug 2025, AI -Arbitrage was added as a Clone of FCA authorised firm.on the register from 08 Aug 2025
- Finvoire (Clone of FCA Authorised firm). The firm was added on 05 Mar 2026.on the register from 05 Mar 2026
Read 2 Nov 2026 from the FCA Financial Services Register.
What protects your money
| FSCS | Should ETORO (UK) LIMITED fail while owing you money, you may receive up to £85,000 per person through the Financial Services Compensation Scheme because it is an FCA authorised UK firm. |
|---|---|
| Client money | The register shows permission to hold client money |
Read 2 Nov 2026 from fscs.org.uk/what-we-cover/investments.
If eToro were to fail
The Financial Services Register records permission for eToro UK Limited to handle client money. UK rules for holding your funds must be followed by the business because it is Authorised by the FCA. If the UK company fails and cannot repay all of your money, you can make a compensation claim.
FSCS stands for the Financial Services Compensation Scheme, the UK fund covering failed authorised firms. For failures after 1 April 2019, it pays up to £85,000 for each eligible person, per firm. The FCA must regulate both the company and the particular investment activity. You can ask for the firm to confirm whether your activity qualifies. Poor investment performance isn't covered by the FSCS. A fall in your investment's value won't be refunded.
When the firm hasn't resolved your complaint, the Financial Ombudsman Service can examine it. If the business is regulated by the FCA, the service can help with an investment problem.
Check the firm and its website
- On register.fca.org.uk, open the FRN 583263 register entry.
- Confirm that ETORO (UK) LIMITED appears as the name and Authorised as the status.
- Compare www.etoro.com from the register with the address in your browser.
- Stay alert to names on the clone list above and to anyone who calls or messages you requesting a transfer of funds.
eToro review: what it costs, platforms, deposits and withdrawals
Other options besides eToro: other FCA authorised CFD brokers
Each firm sits in A to Z order, with none ranked above another.
Common questions answered
Is eToro FCA regulated?
eToro UK Limited is authorised, and its Financial Services Register firm reference number is 583263. The firm's official site is www.etoro.com. Checking the register confirms its forex, share dealing and contracts for difference permissions. An authorised firm can offer regulated products along with unregulated ones, including certain crypto services. The powers of the FCA are limited for those services. For more information, see our eToro review.
Is your money protected when you use eToro?
Up to £85,000 of your money has FSCS protection when the UK firm fails and cannot repay it all. Investments have this limit, while UK bank accounts receive separate cover of £120,000. Protection doesn't cover losses from your own trading. A contract for difference, or CFD, is a complex product that uses leverage to bet on price changes. For CFDs, 55% of retail investor accounts at this provider lose money.
Is eToro legitimate in the UK?
Yes, the business began in 2007. Since 9 May 2013, its UK arm has held FCA authorisation. The eToro: Trade & Invest app on the Apple App Store has a 4.24 score from 18,299 ratings. A £50 minimum deposit applies to UK clients. GBP withdrawals cost nothing, while a $5 fee applies to withdrawals from USD accounts. You can complain free of charge to the Financial Ombudsman Service if administrative errors, overcharging or misleading conduct cause you to lose money. Before taking the complaint further, you must first make a formal complaint to the business.
How can I tell whether a firm is copying eToro?
A clone firm is a scam in which fraudsters copy an authorised firm's name, address or reference number. Against eToro UK Limited, the FCA register lists 5 clone warnings. Scammers often adjust the website address, supply fake phone numbers or contact you through Gmail and Outlook accounts. They might say that the register has outdated information. This is unlikely because the FCA refreshes its register about every 24 hours. Check any contact details you receive against the FCA register every time. If anything seems wrong, call the FCA on 0800 111 6768.