eToro opens Russian office – sources
The investment network plans to spend $3-4 million for marketing its business in Russia this year.
Read moreThe investment network plans to spend $3-4 million for marketing its business in Russia this year.
Read moreA look back at some of the most intriguing and popular Forex industry news stories from the past week at LeapRate. To make sure that you receive timely access to all LeapRate news throughout the week, sign up to our Forex Industry Newsletter on the right… → 1. eToro | https://www.leaprate.com/6YO9T 2. FXCM institutional | https://www.leaprate.com/ZAwaN…
Read morePrior to this update, CFD trading at eToro had so far been done through orders, aggregated and executed in daily batches.
Read moreThe new $12 million round of funding provided to eToro represents the very first investment of CommerzVentures, which joins existing eToro investors in a Series D Financing.
Read moreLeading US newspaper cites LeapRate research and data in its expose on social and copy trading.
Read moreConfirming our earlier post on the matter, retail forex broker eToro has successfully raised $27 million from units of China’s Ping An and Russia’s Sberbank. Current investors Spark Capital and BRM also participated in the financing. The round also includes a credit facility from Silicon Valley Bank. Industry sources tell LeapRate that the financing was done at…
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Read moreThe Wall Street Journal has reported that CySEC-regulated retail forex broker eToro is close to finalizing a $15 million investment from Chinese insurance giant Ping An and Russia's largest bank, Sberbank. The financing is strategic, with both Ping An and Sberbank to help eToro expand in their respective home markets, China and Russia, following the…
Read moreIn a somewhat unusual announcement, eToro refers to geopolitical tensions at a poignant time in which the company adds ruble and yuan currency pairs to its product range
Read moreCySEC issues press release asserting its "authority to reach settlements". Well it seems as if we've ruffled some feathers at Cyprus' financial regulator CySEC. In an apparent response to our article Wednesday in which we claimed that CySEC is shaking down a number of FX brokers, CySEC issued a press release yesterday (full wording included below,…
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