eToro Acquires TradeZero for $231M to Expand US Presence
Financial Services
Acquisition
IPO:
May 14, 2025
Industry:
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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eToro Agrees to Acquire TradeZero to Accelerate US Expansion
New York, New York, USA - eToro Group Ltd. (NASDAQ: ETOR), the trading and investing platform, announced today that it has entered into a definitive agreement to acquire TradeZero, a US-focused online brokerage serving active traders.
The acquisition is designed to strengthen eToro's presence and product offerings in the US market by integrating TradeZero's next-generation trading platforms, global broker-dealer infrastructure, and active trading community. TradeZero currently has operations across the US, Canada, and international markets.
Transaction Details
- Aggregate purchase consideration of up to $231 million.
- Consideration consists of cash and up to 2.5 million newly issued Class A common shares of eToro.
- Transaction is expected to close during the first half of 2027, subject to customary closing conditions and regulatory approvals.
Financial Highlights
- TradeZero generated approximately $80 million in revenue in the twelve months ended June 30, 2026.
- The company achieved 81 percent gross margins during the second quarter of 2026.
- The transaction is expected to be accretive to adjusted earnings per share in the first year upon completion.
About eToro Group Ltd.
eToro is a social investing network that empowers people to grow their knowledge and wealth as part of a global community of successful investors. eToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. Today, eToro is a global community of more than 27 million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want. https://www.etoro.com/
