eToro Eyes Singapore Expansion with License Registration

May 7, 2024

eToro is making its latest push to establish global dominance. They have set their sights on Singapore, applying for a broker's license, which could make them the first licensed broker in the country.

There is the latest forex broker news that you should pay attention to. eToro forex broker, known for its copy-trading feature< /strong>, making bold moves to expand its reach. They have set their sights on Singapore, applying for a license that could make them the first licensed broker in this bustling financial hub.

This news did not come alone. Forex broker eToro is also considering public offering in the US, signaling a strategic push for growth in well-regulated markets. It seems eToro wants a bigger piece of the online trading pie, and they're not afraid to take calculated risks to get it.

But this forex and CFD broker is not a beginner. They are already a major player, holding licenses in places like Cyprus and the UK. Additionally, they offer a diverse trading playground, allowing you to dabble in stocks, cryptocurrencies, and other assets - all under one roof.

So, why Singapore? Not just eToro, many crypto exchanges and brokers are taking part in licensing applications, seeking regulatory approval to operate legally. But eToro wants a front row seat.

eToro may go public soon, with the US as a potential listing site. While Europe keeps their cash registers ringing, the US market, with its broad investor pool and deep liquidity, is undeniably an alluring market.

 

eToro Review

One of the pioneers in social investing, eToro is the world's largest provider of commission-free social trading platforms. This broker provides 3000+ trading instruments and is regulated in Australia and the UK. More

News (41) Testimonial (30)

Education (46)

1. What Is Forex? 2. Why Does Forex Market Exist? 3. What Drives the Forex Market? 4. Why is Forex Trading Popular? 5. Can I Get Rich in Forex? 6. Are You Curious? Want to Discover More about Forex Trading? Meet Demo Acount! 7. I'm a Newbie, How to Master Forex Trading? 8. What Forex Knowledge Should I Conquer? What Are the Steps to Go Thorugh the Journey? 9. What are Software and Glossaries in Trading Forex? 10. How to Read the Forex Market? 11. How to Practice Forex Trading? 12. How to Ride on the Forex Wave? 13. How to Prepare Basic Trading Requirement? By the Demo Account? What about the MT4/MT5? 14. What is Bid-Ask Spread? 15. What is Pip? 16. What is Lot Size 17. What is Leverage in Forex Trading? 18. What is Margin? 19. When to Trade Forex? 20. What is the Most Dominant Market in Forex? How is the Characteristic? 21. What is Chart in Forex? 22. What is Candlestick? Why is It the Most Popular Chart in Forex? 23. What is Technical Analysis? 24. What is Fundamental Analysis? 25. What are MT4 Indicators and How to Use Them? 26. What is Risk in Forex? 27. What is the Psychological Effect in Forex Trading? 28. How to Compile a Strategy Template? 29. How Long Should You Practice in a Demo Account? 30. When Do I Need to Start Learning about Brokers? 31. What Exactly Does a Forex Broker Do? 32. Can I Trade Forex without Broker? 33. How Much Money Do You Need to Trade in Forex Brokers? 34. How to Choose a Good Forex Broker? 35. What is Regulation? And Why Should Regulation Exist? 36. Why Should You Choose Forex Brokers with Top-tier Regulations? 37. How to Choose Forex Brokers Based on Your Need and Where You Are From? 38. What Brokers Should You Avoid? 39. Is There Any Broker Scam in History? How Bad Is It? 40. What are the Most Popular Brokers in The World? 41. What are the Best Brokers For Entry-Level Traders? 42. What are the Best Brokers for Traders with Minimum Deposit Capabilities? 43. Which Broker Provides a Demo Account and Easy Setup? 44. Which Broker Provides Easy Registrations? 45. What and How to Deposit on Forex Brokers? 46. What and How to Withdraw from Forex Brokers?

Login

Register

Profile

Forgot password

Reset Password

or
Forgot password?

Don't have an account? Register here

Already have an account? Login here

Already Reset? Login here