Is my money safe in etoro?

Yes.

etoro operates in accordance with FCA, CySEC, FSRA, MAS, FSA Seychelles, and ASIC regulations.

On etoro, our clients’ funds are kept secure in top-tier banks or placed in qualifying money market funds. All personal information is guarded under SSL encryption.

We also keep your funds safe through several security layers in addition to your username and password:

• Two-factor authentication (2FA) requires you to enter a verification code sent to your mobile phone via push notification, SMS, or phone call in order to access your account.
• Biometric authentication (Face/Touch ID) is an optional access method for the etoro mobile app that uses facial or fingerprint recognition to unlock the etoro app. This replaces the username, password and/or 2FA code when logging in.
• Email alerts when logging in via a new device give you the option to immediately secure your account when someone logs into it from a new device.

It’s important to note that any form of trading involves risk. That’s why etoro encourages its clients to practice responsible trading by staying informed and diversifying their portfolios.