Is eToro a Scam? Regulation Check 2026
We checked eToro's licence in the official FSA register. Here is what the public records say.
Verdict
eToro is NOT a scam. It holds FSA licence SD076, authorising it to offer trading services in Malaysia.
How to verify on the official register
| Regulator | FSA FSA Seychelles Financial Services Authority (FSA) |
| Licence Number | SD076 |
| Regulated Entity | eToro (Seychelles) Ltd |
| Founded | 2007 |
| Listed | NASDAQ:ETOR, publicly audited |
What FSA regulation means
FSA-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with FSA directly.
What FSA regulation means for your money
- Client funds held in segregated bank accounts, separate from eToro's own capital
- Negative balance protection, you cannot lose more than your deposit
- Right to file complaints directly with FSA if eToro fails to resolve your issue
- eToro submits to regular independent financial audits under FSA oversight
Frequently Asked Questions
Is eToro a scam or legitimate?
eToro is NOT a scam. It is authorised by FSA, one of the world's most respected financial regulators, and the authorisation is publicly verifiable in the FSA official register.
How do I check eToro's FSA licence?
Go to the official FSA website and use the public register search. Search for licence number SD076 or the entity name. The record will confirm eToro's authorisation status and the scope of its permissions.
Are my funds safe with eToro?
As an FSA-regulated broker, eToro must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if eToro encounters financial difficulties.
What protection do I have as a eToro client in Malaysia?
In Malaysia, eToro operates under FSA supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with FSA.
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