Matt Williams
eToro accepts users in over 140 countries and the latest country supported is France, as they have now secured a French license.
The eToro platform is now registered to provide cryptocurrency trading under the AMF (Autorité des Marchés Financiers) and ACPR (Autorité de Contrôle Prudentiel et de Résolution).
That France license classes eToro as a DASP (digital asset service provider) compliant with France’s 2019 PACTE laws (Plan d’Action pour la Croissance et la Transformation des Entreprises).
France aims to be at the forefront of blockchain technology and the digital economy – PACTE law aims to make doing business in the country easier for crypto exchanges, other crypto platforms and ICOs (initial coin offerings).
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
eToro Accepted Countries
The eToro site and its popular social trading platform – with over 27 million registered users as of 2022 – is available in the USA, United Kingdom, Australia and most of Europe.
The complete list of which countries are accepted at eToro is constantly expanding. On this site we’ve written guides for crypto investors in each country, including which exchange platforms are open in their jurisdiction and where to buy Bitcoin:
As well as being a cryptocurrency exchange France residents can use, eToro also supports stocks, commodities, forex and more types of financial asset trading.
eToro.com was founded in Tel Aviv, Israel in 2007 – before cryptocurrencies were developed – and being regulated by the FCA, ASIC and CySEC the multi-asset investment platform has built a trusted reputation for safety and security.
The eToro platform also supports crypto staking, offers its own free crypto wallet, and launched an in-house NFT patron program in 2022.
The price of Bitcoin and Ethereum corrected to as low as $17,600 and $880 respectively in June 2022 (€16,700 EUR and €835) before a strong bounce. eToro has listed 70+ crypto coins and DeFi tokens alongside BTC and ETH.
eToro Restricted Countries
Countries where eToro is blocked include Canada, China, India, Indonesia, New Zealand, Russia, South Africa and several nations in Africa and the Middle East.
However Binance, Bitstamp, Coinbase and Crypto.com are some other reputable crypto exchanges that support many of those restricted countries.
Decentralized exchanges (DEXes) such as PancakeSwap, DeFi Swap and UniSwap are also becoming increasingly popular among crypto traders as they require no centralized entity to use, operating peer-to-peer with an automated market maker for crypto swaps independent of governments.
Related
eToro - Regulated Crypto Platform
- Copy Trading Tools - 30.4% ROI Last Year
- Free Demo Account, Crypto Wallet
- Open to US & Worldwide - Accepts Paypal
- Staking Rewards, Educational Courses
This article was written for Business 2 Community by Matt Williams.
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