eToroUSA is a registered introducing broker regulated by the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA) (ID 0382918). eToroUSA introduces clients in the Unites States to Institutional Liquidity LLC (ILQ) a Retail Foreign Exchange Dealer (RFED) registered with the CFTC and an NFA member (ID 0367140)

eToroUSA is part of eToro, the world’s largest investment network which aims to combine the excitement of online Forex trading with the wisdom of crowds to help traders and investors make smarter decisions. Founded in 2007, eToro wanted to combine withthe increasingly popular online social atmosphere with trading. Using eToro’s revolutionary OpenBook trading platform users can See, Follow and automatically Copy the actions of any trader in the network right into their own account. More importantly, the eToro OpenBook became a connection point for thousands of traders and investors of all types and backgrounds to discuss, learn and share trading strategies, market ideas and so much more.

All US real trading accounts using the eToro platform and Open Book have their accounts held by ILQ. As such ILQ is the counterparty to all trades and all real money transactions will be conducted by ILQ. Client funds are held at an ILQ customer account with Citibank New York.

Over-the-counter foreign exchange trading is a leveraged product. Trading in over the counter foreign exchange carries a high level of risk and can result in the loss of all of your investment. As such forex trading may not be suitable for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should become aware of all the risks associated with forex trading and seek advice from an independent and suitably licensed financial advisor. Under no circumstances shall we (eToro, eToroUSA or ILQ) have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to forex or (b) any direct, indirect, special consequential or incidental damages whatsoever. Trading with eToro OpenBook by following and / or copying or replicating the trades of other traders involves a high level or risk, even when following or copying the trading of top performing traders. Such risks include that you may be following or copying the trading decisions of possibly inexperienced / unprofessional traders and the overall risk associated with forex trading, or traders whose ultimate purpose or intention or financial status may differ from yours. Past performance of an eToro OpenBook Community Member is not a reliable indicator of his or her future performance. Content on eToro’s Openbook is generated by members of its community and does not contain advice or recommendations by or on behalf of eToro.

* Stocks, Gold, Silver, Oil and Indices and high-leverage trading is not available to US clients.

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eToroUSA is operated by Tradonomi LLC, located at 1375 Broadway, 11th Floor, New York, NY. 10018. USA