The IPO-bound company aims to “expand existing recurring revenue sources.”
It has also received in-principle approval for a Singapore licence and plans to activate it this year.
eToro, Source: Shutterstock
eToro plans to launch options trading for its non-United States users later this year, according to the latest F-1 prospectus filed by the Israeli company with the Securities and Exchange Commission (SEC). It also plans to introduce new services, including securities lending, to “expand existing recurring revenue sources.”
“We also plan to expand existing recurring revenue sources, such as staking, and introduce new sources such as securities lending, subscription services, new asset classes, geographies, and products,” the filing stated.
Options Trading Is Lucrative
Finance Magnates recently reported that eToro’s net profit surpassed $192 million in 2024, up from only $15.3 million in 2023. The increase was driven by demand for cryptocurrencies, which contributed 38 per cent of the company’s $931 million in total commission income.
The Israeli broker has been offering options trading services to its customers in the US since November 2022. These products were added alongside stocks, exchange-traded funds (ETFs), and crypto assets.
eToro’s entry into the US options market was facilitated by its acquisition of Gatsby, a commission-free options and stock trading app focused on a younger demographic, in 2022 for $50 million.
The F-1 filing further revealed that a Singapore unit of eToro has gained an in-principle Capital Markets Services license from the Monetary Authority of Singapore (MAS). After meeting certain regulatory requirements, the company plans to activate the license in 2025.
“We continue to invest in growing our footprint in the Asia-Pacific region,” eToro added in the filing. In 2024, eToro also acquired the Australian investing app Spaceship in a $55 million deal.
eToro plans to launch options trading for its non-United States users later this year, according to the latest F-1 prospectus filed by the Israeli company with the Securities and Exchange Commission (SEC). It also plans to introduce new services, including securities lending, to “expand existing recurring revenue sources.”
“We also plan to expand existing recurring revenue sources, such as staking, and introduce new sources such as securities lending, subscription services, new asset classes, geographies, and products,” the filing stated.
Options Trading Is Lucrative
Finance Magnates recently reported that eToro’s net profit surpassed $192 million in 2024, up from only $15.3 million in 2023. The increase was driven by demand for cryptocurrencies, which contributed 38 per cent of the company’s $931 million in total commission income.
The Israeli broker has been offering options trading services to its customers in the US since November 2022. These products were added alongside stocks, exchange-traded funds (ETFs), and crypto assets.
eToro’s entry into the US options market was facilitated by its acquisition of Gatsby, a commission-free options and stock trading app focused on a younger demographic, in 2022 for $50 million.
The F-1 filing further revealed that a Singapore unit of eToro has gained an in-principle Capital Markets Services license from the Monetary Authority of Singapore (MAS). After meeting certain regulatory requirements, the company plans to activate the license in 2025.
“We continue to invest in growing our footprint in the Asia-Pacific region,” eToro added in the filing. In 2024, eToro also acquired the Australian investing app Spaceship in a $55 million deal.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
United Fintech Scores Sixth Backer Days After Barclays Deal
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
