eToro expands in Singapore with MAS license
eToro gets CMS license from MAS
eToro, the global investment platform, has officially entered the Singapore market after obtaining a Capital Markets Services (CMS) license issued by the Monetary Authority of Singapore (MAS). This move marks a significant milestone in the company’s strategic expansion across the Asia-Pacific region.
With the CMS license now in effect, eligible retail investors in Singapore will gain access to a broad range of investment opportunities via eToro’s popular social investing platform, according to Fintech Singapore. The service enables trading in stocks from over 20 of the world’s leading stock exchanges, as well as ETFs and derivatives, offering a flexible investment ecosystem for both beginners and experienced investors.
Regional strategy and leadership team
This regulatory achievement comes as eToro continues to pursue its mission of making investing more accessible and community-focused. Singapore, widely recognized as a key financial hub in the Asia-Pacific region, serves as an ideal launchpad for eToro’s broader ambitions in Asia.
The expansion follows the appointment of Yaki Razmovich as Managing Director of eToro Singapore and Asia. He will oversee operations, develop strategic partnerships, and lead the company’s regional growth strategy. His role reflects eToro’s strong commitment to long-term investment in local talent and sustainable development in the region.
Leadership remarks and future goals
Yoni Assia, Co-Founder and CEO of eToro, emphasized the significance of the Singapore launch:
“This is an important milestone for eToro. Singapore is one of the most dynamic financial markets in the Asia-Pacific region and a gateway to global capital flows. By activating our CMS license, we are advancing our mission to open global markets, connect investors with leading experts, and equip everyone with the tools to expand their knowledge and build wealth.”
eToro's platform serves over 40 million users worldwide, allowing investors to interact with one another, track portfolio performance, and access educational resources via tools such as the Virtual Portfolio and eToro Academy.
Razmovich added:
“This achievement highlights our commitment to expanding our presence in the Asia-Pacific region. We’re excited to be part of this dynamic market and contribute to its growth by giving Singaporean investors access to a broad range of financial instruments.”
The company plans to remain actively involved in Singapore’s thriving fintech ecosystem — working closely with regulators, developing local teams, and continuously enhancing its social investing technologies.
Earlier, eToro also introduced a new Visa debit card for its European users, offering rewards on everyday spending.
