eToro Reports Increased Profit Due to Surge in Retail Activity

The trading platform eToro recorded strong quarterly results thanks to a surge in interest in stock and crypto trading from retail investors. Net revenue rose 26% to USD 210 million, while adjusted net profit increased 23% to USD 54.2 million—exceeding analyst estimates. However, eToro's shares fell more than 8% due to higher-than-expected operational costs. The company also launched new services, such as 24/5 trading for 100 stocks and ETFs, Ethereum-based stock tokens, and integration of AI-based trading tools.

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