eToro Money
Broker money app + card (UK/EU).
- Who holds it
- An e-money institution holds your balance in a safeguarding account — Broker-led; e-money institution (eToro Money UK, FCA FRN 900203; eToro Money Malta, MFSA).
- The ledger
- The e-money institution’s own ledger.
- If it fails
- Safeguarded funds are returned in administration — ring-fenced, but access can be frozen and slow.
Derived from eToro Money’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | hybrid |
| AI | AI assistant as the interface |
| HQ | Tel Aviv, IL |
| Founded | 2007 |
| Custody | Custodial |
| Regulation type | E-money institution |
| License detail | Broker-led; e-money institution (eToro Money UK, FCA FRN 900203; eToro Money Malta, MFSA) |
| Card | Visa · Debit |
| Yield | Staking |
| Stablecoins | Yes |
| KYC | Yes |
| Active regions | Europe |
| Founders | Yoni Assia, Ronen Assia, David Ring |
| Funding | Public (ETOR) |
| Services | crypto off-ramp · fiat pay-in (bank rails) · fiat pay-out (bank rails) · multi-currency hold |
| FX markup | 0% FX fee; interbank rate, no markup on supported currencies (UK/EU) (2026-07) · source ↗ |
Verified links: official site ↗
Common questions about eToro Money
What is eToro Money?
eToro Money is a fiat-and-crypto neobank, headquartered in Tel Aviv, IL and founded in 2007. Your money is held custodially, so eToro Money or its partner bank holds the balance and you hold a claim on it. It is regulated as an e-money institution (Broker-led; e-money institution (eToro Money UK, FCA FRN 900203; eToro Money Malta, MFSA)).
Does eToro Money have a card, and where can you use it?
It issues a Visa debit card. It is available in Europe.
Does eToro Money require KYC?
Yes. eToro Money requires identity verification (KYC) to open an account, as a e-money institution.
What does eToro Money cost?
From the verified fields: FX abroad — 0% FX fee; interbank rate, no markup on supported currencies (UK/EU) (as of 2026-07); yield Staking. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with eToro Money before relying on them.
Head-to-head
Peers
Revolut · Crypto.com · Binance Card · Bybit Card · OKX Card · Bitget Card
eToro Money appears in
Neobanks authorised as e-money institutions (48) · Neobanks available in Europe (144) · Neobanks that issue a Visa card (182)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.