---
name: etoro-disclaimers
description: eToro regulatory disclaimers by region and product. Use when creating ads, emails, or content requiring compliance disclaimers. Triggers on "disclaimer", "compliance", "risk warning", "CFD warning", "crypto disclaimer", "ASIC", "FCA", "CySEC", "regulatory".
---

# eToro Disclaimers Matrix

Source: Production audit March 2026

## Regulatory Entities

| Entity | Regulator | License |
|--------|-----------|---------|
| eToro (Europe) Ltd | CySEC | 109/10 |
| eToro (UK) Ltd | FCA | FRN 583263 |
| eToro AUS Capital | ASIC | AFSL 491139 |
| ARSN (AU Stocks) | ASIC | 637 489 466 |
| eToro (Seychelles) | FSAS | SD076 |
| eToro (ME) Limited | ADGM FSRA | Permission Number 220073 |

## Quick Disclaimers by Region

### EU/UK (Short)
```
Capital at risk.
```

### EU/UK (CFD - Required)
```
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 50% 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.
```

### Crypto (UK/EU)
```
Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply.
```

### Australia - Stocks (Short)
```
ARSN 637 489 466, promoted by eToro AUS Capital Pty Ltd AFSL 491139. Your capital is at risk.
```

### Australia - Zero Commission
```
ARSN 637 489 466, promoted by eToro AUS Capital Pty Ltd AFSL 491139. Your capital is at risk. Other fees apply.
```

### Australia - Copy Trading
```
You may lose more than your initial investment. Copy trading facilities cannot be construed as financial advice. ARSN 637 489 466, promoted by eToro AUS Capital Pty Ltd AFSL 491139. Your capital is at risk.
```

### Marketing Communication (Short)
```
The content is intended for informational and educational purposes only and should not be considered investment advice or an investment recommendation.
```

### Crypto Risk Warning (UK/EU — Long, from production homepage)
```
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
```

### Copy Trading (Standard)
```
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk. Past performance is not an indication of future results.
```

### General Platform
```
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
```

### Zero Commission Asterisk (from production)
```
Other fees apply. For more information on applicable fees, please see the fees page.
```

### Past Performance
```
Past performance is not an indication of future results.
```

### EU Crypto Marketing (MiCA)
```
This crypto-asset marketing communication has not been reviewed or approved by any competent authority in any Member State of the European Union. The offeror of the crypto-asset is solely responsible for the content of this crypto-asset marketing communication.
```

## Platform-Specific (Short)

| Platform | Disclaimer |
|----------|------------|
| Google Ads | Capital at risk. See our PDS |
| Twitter | Capital at risk. See our PDS |
| Facebook/IG | [Entity] AFSL 491139. You risk losing all of your investment. See our PDS |

## Video Rules

- **First 5 seconds:** "Your capital is at risk"
- **Last 10 seconds:** Full disclaimer with entity details

## Key Rules

1. **Always** include "Capital at risk"
2. **Zero commission** → add "Other fees apply" + "not for short/leveraged"
3. **Copy trading** → add "cannot be construed as financial advice"
4. **CFDs** → include percentage loss rate (50%)
5. **Crypto** → add "unregulated" + "no consumer protection"
6. **Australia** → reference ARSN 637 489 466 + AFSL 491139

## Reference Files

For complete disclaimers, see:
- `brand/etoro/DISCLAIMERS-MATRIX.md` - Full matrix
- `brand/Marketing_main/eToro Group Disclaimers Matrix.xlsx` - Source file