eToro list of Supported & Banned Countries

eToro is currently one of the biggest multi-asset brokers in the world today. This broker currently has over 30 million registered users from all over the world on its platform. It offers many attractive features to attract such a high number of clients. Sadly, these features are not available to all people in the world. There are countries from which eToro does not accept clients. In this article, we look at the eToro list of supported and banned countries. We will also mention a few alternatives for people who cannot access eToro in their countries.

Not sure if eToro supports traders from your country? Try opening an account, if this works, they welcome traders from your country

eToro is a multi-asset investment platform. The value of your investments may go up or down.
Your capital is at risk. 52% of retail CFD accounts lose money

eToro Blocked Countries

Unfortunately, the services offered by eToro are not available to clients from all over the world. Most Asian and African countries are blocked from accessing eToro services. Here is a list of eToro blocked countries from which eToro does not accept traders from:

• Africa: Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo Republic, Cote d’Ivoire, Democratic Republic of the Congo, Djibouti, Egypt, Equatorial Guinea, Eritrea, Eswatini (Swaziland), Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, Rwanda, Sao Tome, Senegal, Seychelles, Sierra Leone, Somalia, South Sudan, Sudan, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe
• Asia: Afghanistan, Armenia, Azerbaijan, Bhutan, Brunei, Cambodia, China, Georgia, India, Iran, Iraq, Israel, Japan, Jordan, Kazakhstan, Kyrgyzstan, Laos, Lebanon, Maldives, Mongolia, Myanmar, Nepal, North Korea, Pakistan, Palestinian Territories, Philippines, Russia, Saudi Arabia, Sri Lanka, Syria, Tajikistan, Timor-Leste, Turkey, Turkmenistan, Uzbekistan, Yemen
• Europe: Albania, Aland Islands, Belarus, Bosnia and Herzegovina, Kosovo, Moldova, Montenegro, North Macedonia, San Marino, Serbia, Ukraine, Vatican City
• North America: Anguilla, Antigua and Barbuda, Bahamas, Barbados, Belize, Bermuda, Canada, Cuba, Curacao, Dominica, El Salvador, Greenland, Grenada, Guatemala, Haiti, Honduras, Jamaica, Montserrat, Nicaragua, Panama, Saint Barthelemy, Saint Kitts and Nevis, Saint Lucia, Saint Pierre, Saint Vincent and the Grenadines, Trinidad and Tobago, Turks and Caicos Islands, Virgin Islands (British)
• South America: Falkland Islands, Guyana, Paraguay, Suriname, Venezuela
• Oceania: Bouvet Island, Christmas Island, Cocos Islands, Cook Islands, Fiji, French Polynesia, Heard Island and McDonald Islands, Kiribati, Marshall Islands, Micronesia, Nauru, New Caledonia, Niue, Norfolk Island, Palau, Papua New Guinea, Pitcairn Islands, Samoa, Solomon Islands, Tokelau, Tonga, Tuvalu, Vanuatu, Wallis and Futuna
• Antarctica: Antarctica

*While eToro is available for nearly all US clients, it does not provide services in the following states: American Samoa and Guam.

eToro claims that they block these countries and regions due to regulatory requirements and business decisions. However, the full list of eToro-blocked countries can be updated over time.

eToro countries available

According to the eToro website, eToro is available in the following countries:

• Africa: Seychelles, South Africa
• Asia: Bahrain, Bangladesh, Israel, Kuwait, Macau, Malaysia, Oman, Qatar, Singapore, South Korea, Taiwan, United Arab Emirates, Vietnam
• Europe: Andorra, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey Island, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom
• North America: Cayman Islands, Costa Rica, Dominican Republic, Guadeloupe, Martinique, Mayotte, Mexico, Reunion Island, Saint Martin, United States*
• South America: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, French Guiana, Peru, Uruguay
• Oceania: Australia, New Zealand

What eToro Has to Offer

With eToro, clients can trade over 5,000 instruments from 6 main asset classes. Please note, however, that the availability of instruments varies according to the region where an investor is based. These include CFDs on forex, cryptocurrencies, ETFs, and Indices. Clients can also purchase real stocks and cryptocurrencies on the eToro broker site.

In total, this broker features 49 different currency pairs, with some of the best pairs to trade including GBPUSD, EURUSD, USDCAD, USDJPY, and EURAUD. Additionally, eToro features 119 different crypto pairs, 19 different indices, 27 commodities, and tons of stocks to invest in. Evidently, it is effortless to diversify one’s portfolio with this broker site. Better yet, investing in these assets does not come with hefty fees. The spreads are fairly low, with major currency pairs having spreads that start from 1.0 pips.

On top of that, this broker offers one of the best trading platforms in the world. The eToro trading platform is intuitive and comes with tools to support traders. For example, the CopyTrader tool on eToro allows clients to copy the moves of more successful traders on the platform. Clients lacking the time and knowledge to trade markets can use this technology to easily place their own trades.

On the other hand, the Smart Portfolio tool helps clients keep track of different assets and different trading strategies. Finally, eToro is a regulated investment platform. The company is regulated by the FCA, the CySEC and the ASIC. This is one of the most impressive regulatory license collections by a broker. Having regulations from several top-tier organizations helps improve the trust level of a company.

Some Great Alternatives to eToro

Pepperstone (Alternative for EU, UK, AU and International Traders)

Pepperstone is a globally regulated, top-tier CFD broker operating in 174 countries and serves as a strong and reliable alternative to eToro. With access to over 1,200 CFDs across forex, indices, sector indices, equities, commodities, ETFs, and cryptocurrencies, Pepperstone caters to traders looking for broad market exposure. While eToro restricts users to its own platform, Pepperstone provides access to several robust and feature-rich platforms such as MT4, MT5, cTrader, and TradingView.

Pepperstone offers two main account types, each with a distinct fee structure. The Standard Account provides spreads starting from 1.0 pips with zero commission, while the Razor Account offers raw spreads from 0.0 pips and charges a commission that varies by platform.

For MetaTrader 4 and 5 users, the commission is $3.50, €2.60, £2.25, or CHF 3.30 per side per lot, depending on the account currency. On TradingView and Pepperstone’s own platform, the commission remains $3.50 per side per lot. Traders using cTrader benefit from a lower rate of $3.00 per side per lot. For non-USD accounts, commissions are converted at the current spot rate.

Pepperstone is licensed by several top-tier regulators, including the FCA (UK), ASIC (Australia), CySEC (Cyprus), BaFin (Germany), and CMA (Kenya), among others. Thanks to this strong regulatory coverage and competitive trading conditions, Pepperstone is a solid choice for both new and experienced traders. With clients in over 170 countries, Pepperstone stands out as a truly international broker and a compelling choice for traders across the globe.

73.7% of retail CFD accounts lose money

XM (Alternative for Traders in Eligible Markets Worldwide)

XM is a well-known Forex and CFDs broker with over 15 million clients in 190 countries. The company is regulated by multiple reputable authorities, including the FSC in Belize, the CySEC in Cyprus, and the DFSA in Dubai. While regulation alone does not guarantee performance, oversight by several respected organizations adds credibility and builds trust for traders.

XM offers access to a wide range of trading instruments, with over 1,400 CFD assets spanning forex, shares, commodities, indices, metals, energies, and cryptocurrencies, enabling clients to diversify their investments across multiple markets.

The broker offers competitive trading conditions, with spreads starting from 1.6 pips on the standard account. XM’s Ultra-Low accounts feature even tighter spreads, starting from 0.8 pips, with both account types commission-free. Trading is available on popular platforms, including MetaTrader 4, MetaTrader 5, and XM WebTrader, ensuring fast execution and a reliable trading experience.

74.3% of retail investor accounts lose money when trading CFDs with this provider.

Exness (Alternative for Traders in Eligible Markets Worldwide)

Exness is the world's largest retail forex broker by trading volume, serving traders from over 130 countries. The company is regulated in South Africa by the FSCA, in Kenya by the CMA, in Jordan by the JSC, and by a plethora of other top-tier regulators. Exness offers a wide variety of trading instruments, with over 160 different tradable assets.

Clients can trade at Exness CFDs on Forex, metals, cryptocurrencies, energies, indices, and stocks. In total, there are 107 currency pairs, 30 different stocks, 10 indices, 12 commodities, and 6 popular cryptocurrencies for trading.

The average spreads for major currency pairs on this broker’s standard accounts range between 1.0 and 2.0 pips, while the pro accounts offer even more competitive conditions. In addition, Exness provides access to a strong lineup of trading platforms, including MetaTrader 4 and MetaTrader 5, which ensure ultra-fast order execution so traders don’t miss important entry or exit opportunities.

Your capital is at risk. Leveraged products may not be suitable for everyone.

Closing Remarks

Regulatory restrictions and business decisions can lead to a company blocking its services in certain countries. These are the exact reasons why eToro is not available in some countries across the world. While the broker offers excellent services to its multitude of clients, it sadly cannot provide services to everyone.

Fortunately, there are great alternatives with good trading conditions to offer to investors. In this review, we listed some countries not supported by eToro and named a few alternatives that investors can use. Make sure the broker you choose best suits your trading and safety needs.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 52% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Crypto investments are risky and may not suit retail investors; you could lose your entire investment. Understand the risks here https://etoro.tw/3PI44nZ

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.