Is eToro the stock market trading platform available in India

Asked 3 years ago

Hello guys, I'm currently staying in Auroville, India. Do you think I would be able t use eToro at all? I do still earn money that is separate from the community and would like to start investing it to grow. Any thoughts and recommendations welcome.

Etoro India

Andrew Moran

Thursday, July 15, 2021

Unfortunately, at this time, the eToro trading platform is not available in India. It was available sometime earlier in 2021, but not anymore.
The main reason why Indian investors cannot access eToro's services is that it is not regulated in this emerging market. The Securities and Exchange Board of India (SEBI) prohibits citizens from participating in foreign exchange transactions in the country utilizing global forex trading platforms.
As a result, eToro cannot process payments among clients.