eToro Group Reports Selected November Business Metrics

Rhea-AI Summary

eToro (NASDAQ: ETOR) reported selected November 2025 business metrics: AUA $18.8B (+9% YoY) and Funded Accounts 3.79M (+10% YoY). Capital markets/ECC trades rose to 46.3M (+16% YoY) with invested amount per trade at $269 (-13% YoY). Crypto trades fell to 5.0M (-48% YoY) with invested amount per crypto trade at $264 (-28% YoY). Interest Earning Assets $7.6B (+21% YoY). Total Money Transfers were $1.1B, unchanged. Metrics are preliminary and unaudited.

Positive

• Assets under Administration +9% to $18.8B
• Funded accounts +10% to 3.79M
• Capital markets trades +16% to 46.3M
• Interest Earning Assets +21% to $7.6B

Negative

• Crypto trades -48% to 5.0M
• Invested amount per crypto trade -28% to $264
• Invested amount per capital markets trade -13% to $269

Key Figures

Assets under Administration $18.8B November 2025, up 9% year-over-year

Funded Accounts 3.79M November 2025, up 10% year-over-year

Capital markets/ECC trades 46.3M Number of trades in November 2025, up 16% YoY

Invested per trade (Capital markets/ECC) $269 November 2025, down 13% year-over-year

Crypto trades 5.0M Number of cryptoasset trades in November 2025, down 48% YoY

Invested per trade (Cryptoassets) $264 November 2025, down 28% year-over-year

Interest Earning Assets $7.6B November 2025, up 21% year-over-year

Total Money Transfers $1.1B November 2025, unchanged year-over-year

Market Reality Check

$36.02 Last Close

Volume Volume 836,948 is below the 20-day average of 1,999,605, suggesting subdued trading interest ahead of this update. low

Technical Price at $43.01 is trading below the 200-day MA of $50.32 and well under the 52-week high.

Peers on Argus

Peers in Capital Markets and related names show a mixed picture, with moves from about -2.98% to +1.34% and one flat, indicating stock-specific rather than broad sector-driven dynamics for ETOR.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 10	Q3 2025 earnings	Positive	+8.2%	Strong Q3 growth in contribution, EBITDA, net income, AUA and buyback launch.
Oct 29	Product launch	Positive	-2.8%	CopyTrader™ rollout to U.S. users with no management fees and new APIs.
Oct 08	Earnings preview	Neutral	-3.5%	Announcement of Q3 2025 results date and investor webcast logistics.
Sep 02	Conferences & KPIs	Positive	+5.3%	Conference participation plus strong July–August AUA, accounts and trading KPIs.
Aug 12	Q2 2025 earnings	Positive	-8.3%	Strong Q2 growth in contribution, EBITDA, AUA and global product expansion.

Pattern Detected

Strong fundamental or product news has often seen mixed or contrary price reactions, with more divergences than alignments over the last five events.

Recent Company History

Over the last few months, eToro reported strong Q2 and Q3 2025 results with notable growth in net contribution, adjusted EBITDA, GAAP net income and Assets under Administration, along with funded accounts rising to around 3.7M+. The company also expanded through product launches such as CopyTrader™ in the U.S., AI tools and 24/5 trading, and highlighted robust July–August KPIs. The latest November 2025 metrics update fits into this series of regular operating KPI disclosures and growth-focused communication.

Market Pulse Summary

This announcement provides a snapshot of November 2025 operating momentum, with AUA, funded accounts, and Interest Earning Assets all growing year-over-year, while crypto trading volumes and ticket sizes declined sharply. Investors may compare these trends to prior KPI releases and upcoming SEC filings to understand how they translate into revenue and earnings. Watching future monthly metrics and quarterly results can clarify whether growth in interest-bearing balances offsets weaker crypto activity.

Key Terms

assets under administration (aua) financial

"Assets under Administration (AUA) were $18.8B, up 9% year-over-year."

Assets under administration (AUA) is the total market value of clients’ financial assets for which a firm provides administrative services—like recordkeeping, reporting, custody and transaction processing—without necessarily making investment decisions. Investors watch AUA as a measure of a firm’s scale and recurring fee potential and to gauge operational responsibility; it’s like counting all the books a library catalogues versus the books a curator actually selects, so AUA signals business size but not investment control.

funded accounts financial

"Funded accounts were 3.79M, up 10% year-over-year."

A funded account is an investment or trading account that has cash or capital available to buy securities, cover positions, or meet margin requirements. For investors this matters because the amount and source of funding determine how much risk can be taken, how quickly trades can be executed, and how returns or losses will flow — think of it like the fuel in a car: without sufficient fuel you can’t drive, and the type of fuel affects performance and cost.

interest earning assets financial

"Interest Earning Assets were $7.6B, up 21% year-over-year."

Assets that produce regular interest income, such as loans, bonds, certificates of deposit and similar securities held by a company or financial institution. Think of them like rental properties that pay steady rent: they generate predictable cash flow that helps cover costs and drive profits. Investors watch the size, mix and average interest rate of these assets because they directly affect earnings, risk exposure and sensitivity to interest rate changes.

total money transfers financial

"Total Money Transfers was $1.1B, unchanged year-over-year."

Total money transfers is the combined dollar value of all funds moved through a payment service, bank, or platform during a specified period. Think of it as the total water flowing through a pipe: higher volume shows more customer activity and network use, which can signal revenue potential, market share growth, or operational strain that investors watch to assess a company's performance and growth prospects.

kyc regulatory

"Funded Accounts are users who have completed KYC, AML and other onboarding processes"

KYC (Know Your Customer) is the routine of checks and questions that financial firms use to confirm who a client is, understand their financial profile, and spot risky or illegal activity. It matters to investors because it helps prevent fraud and money laundering, ensures companies follow the law, and protects the integrity of markets—think of it like an identity and background check a bank or airport runs before allowing access.

aml regulatory

"Funded Accounts are users who have completed KYC, AML and other onboarding processes"

AML stands for anti-money laundering — the laws, rules and internal checks that banks and businesses use to spot and stop illicit cash flows, such as proceeds from crime or funding of illegal activities. Think of it as a security checkpoint for money: investors care because poor AML controls can lead to heavy fines, frozen assets and reputational harm that hurt profits and share value, while strong controls reduce legal and operational risk.

leveraged positions technical

"cash used for margin or posted as collateral for leveraged positions."

A leveraged position is an investment that uses borrowed money or financial tools to amplify potential gains and losses, like using a mortgage to buy a bigger house than you could afford with cash. It matters to investors because small price moves in the underlying asset can produce much larger returns or losses, increasing both profit opportunities and risk; understanding leverage helps manage exposure and avoid sudden, magnified losses.

stakeable cryptoassets technical

"users’ total leveraged positions and stakeable cryptoassets."

Stakeable cryptoassets are digital tokens that owners can lock up to help run or secure a blockchain network and, in return, earn rewards similar to interest. Think of it like putting money in a savings account or lending it to a network: your tokens are temporarily held to validate transactions or support the system, and this can provide a steady income stream but also exposes investors to price swings and lock-up risks.

AI-generated analysis. Not financial advice.

NEW YORK, Dec. 08, 2025 (GLOBE NEWSWIRE) -- eToro Group Ltd. (“eToro”, or the “Company”) (NASDAQ: ETOR), the trading and investing platform, is reporting the below selected monthly business metrics for November 2025.

• Assets under Administration (AUA) were $18.8B, up 9% year-over-year.
• Funded accounts were 3.79M, up 10% year-over-year.*
• Capital Markets/ECC Activity
  • Total number of trades was 46.3M, up 16% year-over-year;  
  • Invested amount per trade was $269, down 13% year-over-year;
• Crypto Activity
  • Total number of trades was 5.0M, down 48% year-over-year;
  • Invested amount per trade was $264, down 28% year-over-year;
• Interest Earning Assets were $7.6B, up 21% year-over-year.
• Total Money Transfers was $1.1B, unchanged year-over-year.

	November**
	2024		2025		YoY Change
Trading Activity
Number of trades (Capital markets/ECC) ( in Millions)	39.9		46.3		16%
Invested amount per trade (Capital markets/ECC)	$308		$269		-13%
Number of trades (Cryptoassets) (in Millions)	9.6		5.0		-48%
Invested amount per trade (Cryptoassets)	$368		$264		-28%
Interest Earning Assets ($B)	6.3		7.6		21%
Total Money Transfers ($B)	1.1		1.1		unchanged
AuA ($B)	17.3		18.8		9%
Funded Accounts (in Millions)*	3.44		3.79		10%

_{* Funded accounts reflect 180,000 accounts attributed to the Spaceship acquisition in November 2024.
** Metrics for November 2025 are estimated as of November 30, 2025. Numbers are rounded but percentages are based on unrounded numbers.}

The selected preliminary data presented above is based on currently available information, has not been audited or reviewed, is subject to update and should not be extrapolated for future periods. Final results and other business metrics for the full fiscal quarter will be available in our filings with the U.S. Securities and Exchange Commission (“SEC”) or otherwise publicly disclosed and might vary from the information in this press release.

This press release includes key performance indicators that eToro’s management uses to help evaluate the business, measure its performance, identify trends, prepare financial projections and make business decisions. eToro’s key performance indicators include Funded Accounts, Assets Under Administration Interest Earning Assets,Total Money Transfers and Number of Trades and Investment Amount per Trade, both for Cryptoassets and for Capital markets/ECC. Definitions of performance indicators can be found at the end of this press release.

For more information, please see our presentation on our IR website at investors.etoro.com

eToro uses its website to distribute company information and makes available free of charge a variety of information for investors, including its filings with the SEC, in addition to disclosing information via press releases, filings with the SEC, public conference calls, webcasts, X feed (@eToro), Instagram page (@eToro_official) and LinkedIn page. The information disclosed through the foregoing channels could be deemed to be material information and we encourage investors, the media, and others to follow the channels listed above and to review the information disclosed through such channels. In addition, investors may opt in to automatically receive email alerts and other information about eToro when enrolling their email address under the “Stay Up to Date” option at the bottom of https://investors.etoro.com/. Information contained on or accessible through any of the foregoing channels is not incorporated by reference into this press release.

Definitions

Assets under administration (AUA): AUA reflects the aggregate fair value of assets held by users within the platform, including those held by third-party partners for execution or custody services, categorized as follows:

• Crypto: Includes all cryptocurrencies and users’ crypto assets held in eToro digital wallets.
• Equities: Includes stocks, ETFs, and assets managed under the Spaceship program.
• Cash: Includes customers’ uninvested cash (e.g., cash balances, eMoney balances, in-process cashouts), as well as cash used for margin or posted as collateral for leveraged positions.
  

Funded Accounts: Funded Accounts are users who have completed KYC, AML and other onboarding processes, activated their account, deposited funds, executed at least one trade at any time and have a positive account balance (invested or uninvested). Funded Accounts represent the deepest level of our user acquisition funnel and are the users from whom we generate Total Commission.

Interest Earning Assets: Interest Earning Assets are the average monthly balances of users’ cash balances, corporate cash, users’ total leveraged positions and stakeable cryptoassets.

Total Money Transfers: Total money transfers are the cumulative value across the respective period of user deposits, withdrawals, and cross-currency trade funding via eToro Money IBAN.

Trades: Trades represent the total number of orders that were placed by users and executed during the applicable period. Trades include self-directed and copy trades, and each trade reflects either the opening or closing of a position by a user.

Invested amount per trade: The total invested amount divided by the total number of trades. For reporting purposes, we present this measure separately for capital markets (equities, commodities, and currencies) and for cryptoassets, in order to highlight trends across the two categories, given their unique characteristics.

About eToro
eToro is the trading and investing platform that empowers you to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have 40 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So we’ve created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On eToro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors. You can visit our media center here for our latest news.

Contact
Media Relations - pr@etoro.com
Investor Relations - investors@etoro.com

FAQ

What were eToro's Assets under Administration (AUA) in November 2025 (ETOR)?

eToro reported AUA of $18.8B in November 2025, a 9% increase year-over-year.

How many funded accounts did eToro (ETOR) have in November 2025 and how did that change?

eToro had 3.79 million funded accounts in November 2025, up 10% year-over-year.

What happened to eToro's crypto trading activity in November 2025 (ETOR)?

Crypto trades fell to 5.0M in November 2025, a 48% year-over-year decline; invested amount per crypto trade was $264, down 28%.

Did eToro (ETOR) see growth in capital markets trading in November 2025?

Yes. Capital markets/ECC trades increased to 46.3M in November 2025, up 16% year-over-year, though invested amount per trade fell to $269.

What were eToro's Interest Earning Assets and Total Money Transfers in November 2025 (ETOR)?

Interest Earning Assets were $7.6B (+21% YoY) and Total Money Transfers were $1.1B, unchanged year-over-year.