eToro USA LLC operates as a registered money services enterprise, catering specifically to US customers with cryptocurrency trading services. This entity holds registration with the Financial Crimes Enforcement Network (FinCEN) and possesses a variety of state-specific licenses, as detailed further in this document.
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal, "Virtual currencies are highly volatile. Your capital is at risk."
As a US resident curious about eToro's licensing status in your specific state, you've found the right resource. To save you the hassle of navigating through eToro's website for this information, I've conducted thorough research and compiled it for your convenience.
Below, you'll find a comprehensive table detailing the current eToro regulation and licenses across various US states. This table includes the state name, the specific license granted, and the financial authority responsible for each state.
| State | Granted License | Financial Authority |
| Alabama | Money Transmission License (754) | Alabama Securities Commission RSA Dexter Avenue Building 445 Dexter Avenue, Suite 12000 Montgomery, AL 36104 Telephone: 1-800-222-1253 Email: asc@asc.alabama.gov Website: www.asc.alabama.gov |
| Alaska | Money Transmitter License (AK-MT-011361) | State of Alaska, Division of Banking & Securities |
| Arizona | Money Transmitter License (1037715) | Arizona Department of Financial Institutions 2910 N. 44th Street, Suite 310 Phoenix, AZ 85018 |
| Arkansas | Money Transmitter License (116264) | Arkansas Securities Department Heritage West Bldg., Suite 300 201 East Markham Street Little Rock, Arkansas 72201-1692 Telephone: 1-800-981-4429 Email: info@securities.arkansas.gov Website: www.securities.arkansas.gov |
| Connecticut | Money Transmission License (MT-1769299) | Department of Banking Consumer Credit Division 260 Constitution Plaza Hartford, CT 06103-1800 Telephone: 1-800-831-7225 Email: banking.complaints@ct.gov Website: www.ct.gov/dob |
| Delaware | Check Seller, Money Transmitter License (034700) | Office of the State Bank Commissioner 555 East Loockerman Street, Suite 21EAST Dover, DE 19901 Telephone: (302) 739-4235 Website: https://banking.delaware.gov/apply-for-a-license/sale-of-checks/ |
| District of Columbia | Money Transmitter License (MTR1769299) | District of Columbia Securities & Banking, Banking Bureau 1050 First Street, NE, 801 Washington, D.C. 20002 Telephone: (202)727-8000 Email: disbcomplaints@dc.gov Website: https://disb.dc.gov/page/banking-bureau |
| Florida | Money Transmitter License (FT230000255) | Office of Financial Regulation 200 E. Gaines St. Tallahassee, FL 32399 Telephone: 1-850-487-9687 Website: www.flofr.com |
| Georgia | Seller of Payment Instruments License (64040) | Department of Banking and Finance 2990 Brandywine Road, Suite 200 Atlanta, Georgia 30341 Telephone: 1-888-986-1633 Website: http://www.dbf.georgia.gov |
| Idaho | Money Transmitters License (MTL-237) | Idaho Department of Finance 800 Park Blvd., Suite 200 Boise, ID 83712 OR P.O. Box 83720 Boise, ID 83720-0031 Phone: 1-888-346-3378 E-Mail: securities@finance.idaho.gov Website: http://www.finance.idaho.gov |
| Illinois | Money Transmitter License (MT.0000380) | Illinois Department of Financial and Professional Regulation 320 West Washington Street Springfield, IL 62786 Telephone: (888) 473-4858 (toll-free) Website: https://www.idfpr.com/ |
| Iowa | Money Services License (2018-0141) | Iowa Division of Banking 200 E. Grand Avenue, Suite 300 Des Moines, Iowa 50309 Telephone: 1-515-281-4014 Email: idobcomplaints@idob.state.ia.us Website: http://www.idob.state.ia.us |
| Kansas | Money Transmitter License (MT.0000239) | Kansas Office of the State Bank Commissioner 700 SW Jackson St., Suite 300 Topeka, KS 66603 Telephone: (785) 380-3939 Website: http://www.osbckansas.org |
| Louisiana | Virtual Currency Business Activity License (1769299) | Louisiana Office of Financial Institutions 8660 United Plaza Blvd, 2nd Floor Baton Rouge, LA 70809 Telephone: (225) 925-3828 Email: complaints@ofi.la.gov Website: http://www.ofi.state.la.us/ |
| MaryLand | Money Transmitter License (1769299) | Maryland Commissioner of Financial Regulation 500 N Calvert Street, Suite 402 Baltimore, Maryland 21202 Telephone: (410) 230-6155 Email: CSU.Complaints@maryland.gov Website: https://www.dllr.state.md.us/finance/ |
| Michigan | Money Transmitter License (MT0024795) | Department of Insurance and Financial Services 530 W. Allegan Street, 7th Floor Lansing, MI 48933 Telephone: (877) 999-6442 Email: DIFSComplaints@michigan.gov Website: http://www.michigan.gov/difs |
| Minnesota | Money Transmitter License (MN-MT-1769299) | Department of Commerce Financial Institutions Division 85 7th Place East Suite 500 St. Paul, MN 55101 Telephone: 1-800-657-3602 Email: consumer.protection@state.mn.us Website: http://mn.gov/commerce |
| Mississippi | Money Transmission License | Department of Banking and Consumer Finance P.O. Box 12129 Jackson, Mississippi 39236-2129 Telephone: 1-800-844-2499 Email: Customer.Assistance@occ.treas.gov Website: http://www.dbcf.state.ms.us |
| Nebraska | Money Transmission License | Nebraska Department of Banking & Finance 1526 K Street, Suite 300 Lincoln, NE 68508-2732 Telephone: (402) 471-2171 or (877) 471-3445 Website: https://ndbf.nebraska.gov/ |
| New Hampshire | Money Transmitter License (24248-MT) | Banking Department Consumer Credit Division 53 Regional Drive, Suite 200 Concord, NH 03301 Telephone: (603) 271-3561 Website: https://www.nh.gov/banking/index.htm |
| New York | Money Transmitter License Virtual Currency License | New York State Department of Financial Services 1 State Street New York, NY 10004-1511 Telephone: (800) 342-3736 Email: consumers@dfs.ny.gov Website: www.dfs.ny.gov/ |
| New Mexico | Money Transmission License | New Mexico Regulation & Licensing Department Financial Institutions Division Toney Anaya Bldg., 2550 Cerrillos Road Santa Fe, NM 87505 |
| North Carolina | Money Transmitter License (182621) | North Carolina Commissioner of Banks 4309 Mail Service Center Raleigh, NC 27699-4309 Telephone: 919-733-3016 Website: http://www.nccob.gov |
| North Dakota | Money Transmitter License (MT103394) | Department of Financial Institutions 2000 Schafer Street, Suite G Bismarck, ND 58501-1204 Telephone: 1-701-328-9933 Email: dfi@nd.gov Website: http://www.nd.gov/dfi |
| Ohio | Money Transmitter License (OHMT153) | Department of Commerce Division of Financial Institutions 77 South High Street, 21st Floor Columbus, Ohio 43215-6120 Telephone: 1-866-278-0003 Email: web.dfi@com.ohio.gov Website: http://www.com.ohio.gov/fiin |
| Oklahoma | Money Transmission License | Oklahoma State Banking Department 2900 North Lincoln Boulevard Oklahoma City, OK 73105 Telephone: (405) 521-2782 Fax: (405) 522-2993 Website: www.banking.ok.gov |
| Oregon | Money Transmitter License (30223) | Department of Consumer and Business Services Division of Finance and Corporate Securities P.O. Box 14480, 350 Winter St. NE, Suite 410 Salem, Oregon 97309-0405 Telephone: 1-866-814-9710 Email: dcbs.dfcsmail@state.or.us Website: http://dfcs.oregon.gov |
| Rhode Island | Money Transmission License | Department of Business Regulation Division of Banking 1511 Pontiac Avenue, Bldg. 68-1 Cranston, Rhode Island 02920 Telephone: (401) 462-9503 Email: DBR.BankInquiry@dbr.ri.gov Website: http://www.dbr.ri.gov/divisions/banking/ |
| South Carolina | Money Transmitter License (1769299) | South Carolina Office of the Attorney General Money Services Division 1000 Assembly Street, Room 519 Columbia, S.C. 29201 Telephone: (803) 734-4200 Email: scdca@scconsumer.gov Website: https://www.scag.gov/ |
| South Dakota | Money Transmitter License (MT.2159) | South Dakota Department of Labor Regulation Division of Banking 217 W Missouri Ave Pierre, SD 57501 Telephone: 1-605-773-3421 Email: banking@state.sd.us Website: http://dlr.sd.gov/banking |
| Tennessee | Money Transmitter License (1769299) | Tennessee Department of Financial Institutions Tennessee Tower 26th Floor 312 Rosa L. Parks Avenue Nashville, TN 37243 Telephone: (800) 778-4215 Email: tdfi.consumerresources@tn.gov Website: https://www.tn.gov/tdfi/mortgage-consumer-lending/money-transmitter.html |
| Texas | Money Transmitter License (3181) | Department of Banking 2601 N. Lamar Blvd Austin, Texas 78705 Telephone: 1-877-276-5554 Email: consumer.complaints@dob.texas.gov Website: http://www.dob.texas.gov/ |
| Vermount | Money Transmitter License (100-126) | Department of Financial Regulation Banking Division 89 Main Street Montpelier, VT 05620-3101 Telephone: 1-888-568-4547 Email: dfr.bnkconsumer@state.vt.us Website: http://www.dfr.vermont.gov |
| Washington | Money Transmitter License (550-MT-115893) | Department of Financial Institutions Division of Consumer Services P.O. Box 41200 Olympia, Washington 98504-1200 Telephone: 1-877-746-4334 Website: http://www.dfi.wa.gov/ |
| West Virginia | Money Transmitter License (WVMT-1769299) | Division of Banking 1 Players Club Drive, Suite 300 Charleston, West Virginia 25311-1638 Telephone: 1-304-558-2294 Website: http://www.dfi.wv.gov |
| Wyoming | Money Transmitter License (7331) | Wyoming Division of Banking Uniform Consumer Credit Code Hathaway Building, 2nd Floor 2300 Capitol Avenue Cheyenne, WY 82002 Telephone: (307) 777-7797 Email: wyomingdivisionofbanking@wyo.gov Website |
Please be aware that while I endeavor to keep this eToro USA licenses table as current as possible, there may be updates or changes that occur beyond my immediate knowledge.
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. This is not meant to be tax advice or financial advice of any kind. The above information we compiled from online tax forums. Please, consult a CPA or lawyer if you have questions about filing your tax return, forms to use, or what is/is not taxable. eToro is not a tax advisor.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
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