eToro Acquires TradeZero for Up to $231M in Cash and Shares

Deal valued at up to $231M includes cash and 2.5M shares, closing H1 2027 pending regulatory approval, securing U.S. broker-dealer infrastructure.

Woofun AI reports that eToro has agreed to acquire U.S.-based online brokerage TradeZero in a transaction valued at up to $231 million. The consideration consists of cash and up to 2.5 million newly issued eToro shares, with the deal expected to close in the first half of 2027 subject to regulatory approvals. TradeZero provides stock and options trading services to retail and institutional clients in the United States and Canada. This acquisition allows eToro to secure licensed broker-dealer infrastructure, reducing reliance on third-party partners and facilitating the launch of advanced investment tools such as options trading for American investors.