eToro files for NASDAQ IPO

eToro has filed with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO). If successful, the company will list its shares on the Nasdaq Global Select Market under the ticker COME ON.

This will allow the popular social trading network to join other listed brokers such as FOREX.com (NASDAQ: SNEX ), IG (LSE: IGG ) and XTB (WSE: XTB ).

Key conclusions

• eToro has filed an IPO registration form (F-1) with the SEC.
• The SEC will examine eToro’s IPO application to ensure compliance.
• Shares are expected to be priced at $46-$50, and eToro plans to be valued at $4 billion.
• According to communications we have received from eToro, ETOR shares may become available for trading directly on the eToro platform.

What going public means for users

Going public increases eToro’s transparency and oversight, increasing trust among both existing and prospective customers.

As a publicly traded company, eToro will be subject to strict financial disclosure requirements – a measure of trust in the trading industry.

Combined with licenses from “green-level” regulators such as the SEC (US), FINRA (US) and FCA (UK), this move allows eToro to earn even higher marks in DayTrading.com’s regulatory and trust rankings, where listed brokers often receive top scores.

About eToro

Founded in 2007, eToro is a leading multi-asset trading platform that allows users to trade a wide range of financial instruments, including CFDs, real stocks, ETFs and cryptocurrencies.

eToro serves millions of users worldwide, making it one of the most widely used trading platforms in the world.

He is best known for pioneering social trading, a feature that allows users to follow, copy and interact with successful traders.

New customers start with a minimum deposit of $100.

eToro is a highly rated multi-asset platform that offers trading services for thousands of CFDs, stocks and cryptocurrencies. Launched in 2007, the brand has millions of active traders worldwide and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular thanks to its comprehensive social commerce platform. Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here. 61% of retail CFD accounts lose money.

61% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investment may go up or down. Your capital is at risk. Do not invest unless you are prepared to lose all the money you have invested. This is a high risk investment and you should not expect to be protected if something goes wrong.