How your AUD account is kept SAFE and SECURE
The safety and security of your money is our top priority at eToro. We like to look at it in two ways:
Safeguarding your money
Funds in your AUD account are kept completely separate from eToro’s own funds. Your funds are used only for facilitating your payment transactions in accordance with our terms and applicable law.
How your funds are held
Your AUD funds are placed in dedicated client money trust accounts with Australian authorised deposit-taking institutions (ADIs), managed in full compliance with Australian law and ASIC regulations designed to protect client funds.
We’ve got your back
eToro is committed to your protection, meeting strict regulatory requirements set by the Australian Securities and Investments Commission (ASIC) and other applicable regulators, which require us to:
Keep client money in designated trust accounts and monitor it in line with Australian law
Have our financial statements and client money arrangements independently audited on a regular basis
Maintain systems, controls and plans to manage financial resources and risks, including planning for an orderly wind-down if needed
Provide regular reports to ASIC and other regulators on our financial position and aspects of how client money is handled