Global Trading Giant Lands in Singapore
eToro takes a bold step into Southeast Asia by activating its Capital Markets Services licence, bringing its social investing platform to Singapore’s savvy investor base.
eToro, a global trading and investing platform with over 40 million registered users, has activated its Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS), signalling its entry into one of Asia-Pacific’s most dynamic financial centres.
Yoni Assia, Co-Founder and CEO of eToro, hailed the move as a «milestone» in the company’s global expansion. «Singapore is a gateway to global capital flows and a leader in innovation,” Assia stated. “We’re proud to join its thriving fintech ecosystem and will continue investing in local talent and partnerships.»
Unlocking Global Markets for Singaporean Investors
With the CMS licence, eToro can now offer eligible retail investors in Singapore access to a wide variety of financial instruments. These include stocks from over 20 major global exchanges, exchange-traded funds (ETFs), and derivatives – all via its signature social investing platform.
The announcement builds on eToro’s momentum in Asia following the appointment of Yaki Razmovich as Managing Director of eToro Singapore and Asia. Razmovich brings regional expertise to lead the company’s strategic growth and deepen its presence in the APAC region.
Building a Community of Empowered Investors
«Our mission is to empower investors – from first-timers to professionals – through easy-to-use tools, transparency, and community,» said Razmovich. «We are excited to welcome Singaporeans into our global network of investors.»
True to its social trading roots, eToro lets users view other investors’ portfolios, track performance, and discuss investment strategies. The platform also offers a Virtual Portfolio to practice trading and free educational resources through the eToro Academy.
Singapore: A Springboard for Regional Expansion
eToro’s expansion into Singapore marks a significant step in its broader APAC strategy. With a regulatory green light and a regional hub in place, the company is poised to tap into Asia’s growing appetite for accessible, tech-enabled investing.
As eToro sets its sights on the next frontier, Singapore will play a central role in shaping the company’s presence across the region, bridging global markets and local opportunity.