eToro Results Presentation Deck
P38
бетого
Total commissions
Total commissions are comprised of commissions from trading
activity, interest and other charges. Total commissions are
a key performance indicator
Commissions from trading activity
Commissions from trading activity include the spread, which is the difference between the buy
and sell price of a certain asset or derivative, and it is charged and collected when a trade is
executed by a user. The spread may be fixed or variable and may change as a correlation to
market prices, Commissions from trading activity are derived from equities, cryptoassets,
commodities and currencies traded as an asset or as a derivative related to different underlying
asset types. Commissions from trading activity are the primary source of eToro's total
commissions today. As a result, eToro's total commissions are correlated with the overall trading
activity in the asset classes offered on the platform.
Interest
Interest is charged on margin positions (leveraged or short positions) which remain open overnight.
This is essentially an interest payment to cover the cost of the margin used overnight, and it is
charged in relation to the notional value of the position.
Other charges
Other fees mainly include currency conversion, staking and other income.
$11 million
$10 million
$140 million-
$161
million
Q2 2020
$362
million
Q2 2021
$29 million
$17 million
$316 millionView entire presentation