Social investment network, eToro, has been greenlighted by the Financial Conduct Authority (FCA) to offer financial services to its users under a UK broker licence.
“Getting our social investment network FCA regulated is a major milestone for eToro,” says Yoni Assia, Founder and CEO at eToro, which is in the process of opening a London office. “As the innovation leader in social investing, we are pursuing a clear vision: to give our users the opportunity to invest and trade the markets in a simple and transparent way. As such we take transparency and user protection very seriously and have implemented a long list of self-regulation rules to ensure everyone in our investment network is treated equally. Having the FCA stamp of approval makes it official.”
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