Agreement to acquire TradeZero
eToro announced it will buy US broker TradeZero to speed up its expansion in the United States. Completion depends on regulatory approvals.
Key points
- eToro plans to acquire US broker TradeZero
- The deal needs regulatory approval
- No change for clients until it closes
eToro has announced that it will buy US broker TradeZero to speed up its expansion in the United States. Completion depends on regulatory approvals.
eToro already serves US residents for stocks and crypto through eToro USA. CFDs remain unavailable to US retail traders at any broker.
Nothing changes for clients until the deal closes. If it does, TradeZero and eToro customers in the US should watch for notices about account migration.
Source: eToro Investor Relations. Written in our own words by the Broksal Team; see our methodology for how we cover news.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Each broker publishes its own current loss percentage on its website.
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