---
title: "Robinhood vs eToro Statistics 2026: Users, Revenue, AUM and Reach"
date: 2026-05-19
author: "Barry Elad"
featured_image: "https://coinlaw.io/wp-content/uploads/2026/05/robinhood-vs-etoro-statistics.jpg"
categories:
  - name: "Investments"
    url: "/investments.md"
tags:
  - name: "Statistics"
    url: "/tag/statistics.md"
---

# Robinhood vs eToro Statistics 2026: Users, Revenue, AUM and Reach

The Robinhood vs eToro statistics comparison opens with one defining gap: Robinhood reported **27.4 million** funded customers in Q1 2026, while eToro ended Q4 2025 with **3.81 million** funded accounts, a roughly seven-to-one customer-count gap between two NASDAQ-listed brokers chasing different geographies. The contrast widens once revenue mix, ARPU, and regulatory footprints enter the picture: [Robinhood](https://coinlaw.io/robinhood-statistics/) monetizes US options and crypto flow, while eToro earns most commissions from crypto and equities across **75 countries**. The paired data below spans funded accounts, revenue, ARPU, assets, geographic reach, and CFD loss-rate disclosures from Robinhood SEC filings and eToro’s F-1 prospectus.

## Key Takeaways

- Robinhood funded customers reached **27.4 million** in Q1 2026, up 1.6 million year over year, while [eToro](https://coinlaw.io/etoro-statistics/) held **3.81 million** funded accounts, a **9%** year-over-year gain.
- Robinhood booked **$2.95 billion** in full-year 2024 net revenues, up **58%** year over year; eToro reported **$824 million** in 2024 revenue, up **42%** from 2023.
- Robinhood ARPU climbed to **$191** in Q3 2025, **82%** above the prior year, then settled at **$157** in Q1 2026, **8%** above the prior year as the customer mix broadened.
- eToro’s geographic split sits at **70%** Europe and the UK, **16%** Asia-Pacific, **10%** Americas, and **4%** Middle East and Africa across **75 countries**, a footprint Robinhood reaches only via its 2023 UK retail launch.
- eToro’s customer-facing risk disclosure states that **52%** of [retail investor](https://coinlaw.io/retail-investing-statistics/) accounts lose money trading CFDs with the platform; Robinhood does not offer CFDs in any jurisdiction it operates.
- Robinhood Gold subscribers hit **4.2 million** at the end of Q4 2025, a **58%** year-over-year gain.
- Robinhood’s total platform assets reached $324 billion at the end of Q4 2025, 68% above the prior year, versus eToro’s assets under administration of **$18.5 billion**.

## Editor’s Choice

- Robinhood’s total net revenue hit **$1.28 billion** in Q4 2025, up **27%** year over year.
- eToro’s net contribution reached a record **$868 million**, up **10%** year over year, compared to **$788 million** in 2024.
- Robinhood Q3 2025 transaction-based revenue surged **129%** year over year to **$730 million**.
- Robinhood Crypto’s notional volumes hit **$71 billion** in Q4 2024, up over 400% year over year.
- eToro 2024 commission income split **38%** crypto (**$353.8 million**), **38%** equities (**$353.8 million**), **20%** commodities (**$186.2 million**), **4%** currencies (**$37.2 million**).
- Robinhood net deposits: **$68.1 billion** trailing-twelve-months at end-Q4 2025, a **35%** growth rate relative to total platform assets.
- eToro completed its NASDAQ debut on May 15, 2025, pricing **13,711,470** ordinary shares, with trading on the Nasdaq Global Select Market beginning May 14, 2025, under ticker symbol ETOR.

## Recent Developments

- **April 28, 2026**: Robinhood reported Q1 2026 revenue of **$1.07 billion**, with funded customers at **27.4 million** and ARPU of **$157**, **8%** above the prior year.
- **February 17, 2026**: eToro reported record net contribution of **$868 million**, AUA of **$18.5 billion**, and a **$100 million** increase to its existing share repurchase program for full-year 2025.
- **February 10, 2026**: Robinhood reported Q4 2025 net revenues of **$1.28 billion**, **27%** higher year over year, with Gold subscribers at **4.2 million**.
- **November 12, 2025**: eToro reported Q3 2025 net contribution of **$215 million** (up **28%** year over year), AUA of **$20.8 billion**, and announced a **$150 million** share repurchase program.
- **November 5, 2025**: Robinhood reported record Q3 2025 net revenue of **$1.27 billion** with funded customers at **26.8 million**, **10%** above the prior year, and ARPU at **$191**.
- **January 2025**: eToro (Europe) Ltd received a [Markets in Crypto-Assets (MiCA)](https://coinlaw.io/mica-regulations-compliance-requirements-statistics/) license from the Cyprus Securities and Exchange Commission, enabling regulated crypto-asset trading and custody across the European Economic Area.

## Robinhood vs eToro Statistics: Funded Accounts and Customer Base Comparison

- Robinhood ended Q1 2026 with **27.4 million** funded customers, **1.6 million** above the prior-year quarter.
- eToro reported **3.81 million** funded accounts, a **9%** year-over-year gain at the end of Q4 2025.
- Robinhood funded customers grew **10%** year over year to **26.8 million** at the end of Q3 2025, outpacing eToro’s **16%** year-over-year growth to **3.73 million** funded accounts on a far larger base.
- Robinhood FY2024 investment accounts: **26.2 million**, **10%** above 2023.
- eToro end-2024 funded accounts: **approximately 3.5 million** across **75 countries**.
- The seven-to-one customer-count gap is roughly 7.1-to-1 in Robinhood’s favor at the Q1 2026 cutoff, reflecting two distinct strategies: US scale versus global breadth.

Reporting periodRobinhood funded customerseToro funded accountsEnd-2024 (FY)26.2 million (investment accounts)~3.5 millionQ3 202526.8 million3.73 millionQ4 202527.0 million3.81 millionQ1 202627.4 millionnot yet reported*Source: Robinhood Investor Relations Q1 2026 and Q4 2025 results, Robinhood Form 10-K FY2024, eToro Form F-1 (SEC EDGAR), eToro Q3 and Q4 2025 results*

### Is Robinhood bigger than eToro by users?

Robinhood is roughly seven times larger than eToro by funded customer count. Robinhood reported 27.4 million funded customers at the end of Q1 2026, against eToro’s 3.81 million funded accounts at the end of Q4 2025. Robinhood counts customers one-per-individual; eToro counts funded accounts per legal entity.

Account totals don’t translate evenly into revenue, and the next section shows why.

## Revenue and Net Contribution Statistics

- Robinhood full-year 2024 net revenues hit **$2.95 billion**, **58%** above 2023.
- Robinhood Q4 2025 net revenues: **$1.28 billion**, **27%** higher year over year.
- Robinhood Q3 2025 net revenues: **$1.27 billion**, doubling year over year.
- Robinhood Q1 2026 revenue: **$1.07 billion**, **15%** higher year over year, with diluted EPS at **$0.38**.
- eToro 2024 revenue: **$824 million**, **42%** above 2023, with net profit of **$192 million**.
- eToro full-year 2025 net contribution: **$868 million**, **10%** above 2024’s **$788 million**.
- eToro Q3 2025 net contribution: **$215 million**, **28%** above the prior-year period.
- eToro Q4 2025 net contribution: **$227 million**, **10%** below the prior-year quarter.
- eToro Q4 2025 GAAP net income: **$216 million**, **12%** above the prior year.

PeriodRobinhood total net revenueeToro net contributionFY 2023$1.87 billion (per 10-K context)$580 million implied (F-1 framing)FY 2024$2.95 billion$788 millionQ3 2025$1.27 billion$215 millionQ4 2025$1.28 billion$227 millionFY 2025~$5.06 billion (Q3 + Q4 plus prior reported)$868 millionQ1 2026$1.07 billionnot yet reported*Source: Robinhood Investor Relations Q4 2025 and Q1 2026 results, Robinhood Form 10-K FY2024, eToro Form F-1 (SEC EDGAR), eToro Q3 and Q4 2025 results*

The two firms measure top-line differently. Robinhood reports total net revenues combining transaction-based, net interest, and subscription lines. eToro reports net contribution, which strips out direct trading costs (spreads paid to liquidity providers, exchange fees, [crypto wallet costs](https://coinlaw.io/cryptocurrency-wallet-adoption-statistics/)) from total commissions before any operating expenses.

Per-customer monetization tells a different story, and the gap widens further. The neobank-adjacent ARPU benchmark sits within the [SoFi platform data](https://coinlaw.io/sofi-statistics/) we maintain on the lending and banking side.

## ARPU and Per-Customer Monetization Divergence

- Robinhood ARPU progression: **$164** in FY2024, **102%** above FY2023.
- Q3 2025 ARPU reached **$191**, **82%** above the prior-year period.
- Q4 2025 ARPU held at **$191**, **16%** above the prior year.
- Q1 2026 ARPU was **$157**, **8%** above the prior year.
- eToro 2024 commission income totaled **$931 million** across **approximately 3.5 million** funded accounts, a **45.6%** yearly rise in commissions.
- eToro per-account net contribution at end-2024: about 225 per funded account (computed from $788 million net contribution divided by 3.5 million accounts).
- eToro per-account net contribution at end-2025: about 228 per funded account (computed from $868 million net contribution divided by 3.81 million accounts).

![Robinhood ARPU Trends by Quarter and Year](https://coinlaw.io/wp-content/uploads/2026/05/robinhood-arpu-trends-by-quarter-and-year.jpg "Robinhood ARPU Trends by Quarter and Year")

The two monetization paths diverge structurally. Robinhood’s ARPU more than doubled across the prior fiscal year, driven by options contract volume, crypto trading revenue, and net interest income on customer cash. eToro’s implied per-account net contribution sits in a much narrower band because CFD spread revenue and commodity commissions amortize across a smaller, geographically dispersed base.

> **By the numbers:** Per Robinhood’s IR disclosures, ARPU climbed from $80 in FY2023 to $164 in FY2024, hit $191 in Q3 2025, and held at $191 through Q4 2025 before settling at $157 in Q1 2026. Across eToro’s F-1 and 2025 results, implied per-funded-account net contribution stayed near $225 in both fiscal years.

Across the broker-comparison work we track, funded-account counts and net-deposit flows tend to predict long-term scale better than stock-price swings, and the ARPU gap between these two listed brokers reinforces that pattern.

Geography is the structural reason these ARPU paths diverge.

## Geographic Footprint: US-Concentration vs 75-Country Reach

- eToro’s funded-account distribution: **70%** Europe and the UK, **16%** Asia-Pacific, **10%** Americas, **4%** Middle East and Africa, across **75 countries**.
- eToro operated from over 10 offices globally at the end of 2024 with **1,501** employees.
- Robinhood retail operations sit primarily in the US, with a UK retail launch in 2023 representing the only non-US retail footprint.
- About nine in ten of eToro’s funded accounts sit outside the Americas region, a footprint Robinhood does not address with retail services.
- Robinhood’s US-centric retail base contrasts with the roughly 10% Americas slice of eToro’s funded-account distribution, leaving the bulk of eToro’s customer base in jurisdictions where Robinhood has no retail license.

RegioneToro funded-account shareRobinhood retail presenceUSincluded in AmericasYes (primary market)UKincluded in Europe and UKYes (launched 2023)EU (ex-UK)included in Europe and UKNo retailAsia-Pacific16%No retailMiddle East and Africa4%No retailLatin Americaincluded in AmericasNo retail*Source: eToro Form F-1 (SEC EDGAR CIK 1493318), Robinhood Investor Relations FY2024 and Q1 2026 disclosures*

The geographic split is the single largest structural difference between the two brokers. Robinhood’s scale story is a US options-and-crypto story; eToro’s is a multi-asset, multi-currency story whose center of gravity sits in Europe and the UK. The wider [cryptocurrency adoption by country data](https://coinlaw.io/cryptocurrency-adoption-by-country-statistics/) tracks the same regional weighting as eToro’s funded-account distribution mirrors at the platform level.

> **Why it matters:** Per eToro’s F-1 disclosures, the 70/16/10/4 funded-account distribution puts the majority of its 3.81 million customers in jurisdictions where Robinhood has no retail license. The 2023 Robinhood UK retail launch addresses one of those four regions; it does not approach the multi-asset CFD product menu eToro offers across Europe.

### Is eToro available in the US?

Yes, eToro USA LLC is registered with FinCEN and is a FINRA member, but the US offering is crypto-only: no equities, no CFDs, no options. US customers cannot access eToro’s full multi-asset menu that European and UK customers see. CFDs are prohibited for US retail clients across the entire industry, not just eToro, which is the primary structural reason for the truncated product menu.

Revenue mix is the operational consequence of that geographic split.

## Revenue Mix: Options + Crypto + Net Interest vs CFD Spreads + Equities

- Robinhood Q4 2025 transaction-based revenue: **$776 million** total, **15.5%** above the prior-year quarter, with options at **$314 million** and crypto at **$221 million**.
- Robinhood Q4 2025 options revenue surged **41%** year over year to **$314 million**.
- Robinhood Q4 2025 crypto revenue declined **38%** year-over-year to **$221 million**.
- Robinhood Q3 2025 transaction-based revenue split: **$304 million** options (up **50%**), **$268 million** crypto (up over 300%), **$86 million** equities (up **132%**).
- Robinhood Q3 2025 net interest revenue: **$456 million**, **66%** above the prior-year period.
- eToro 2024 commission income breakdown: **38%** ($353.8 million) [cryptocurrency](https://coinlaw.io/cryptocurrency-statistics/), **38%** ($353.8 million) equities, **20%** ($186.2 million) commodities, **4%** ($37.2 million) currencies.
- eToro’s 2024 net profit reached **$192 million**, versus a near-breakeven of **$15 million** in 2023.

Revenue lineRobinhood Q4 2025eToro FY2024 (commission income)Options$314 millionnot offered to retail in same formCrypto$221 million$353.8 million (38% of commissions)Equitiesincluded in “other transaction”$353.8 million (38% of commissions)Commoditiesnot a separate line$186.2 million (20% of commissions)Currencies / FXnot a separate line$37.2 million (4% of commissions)Net interest$411 million (separate line)not separately disclosed*Source: Robinhood Investor Relations Q4 2025 results, eToro Form F-1 (SEC EDGAR CIK 1493318)*

> **The takeaway:** Per the FY2024 disclosures, eToro earned 76% of commissions from crypto plus equities split evenly at 38% each, while Robinhood Q4 2025 pulled $314 million of transaction revenue from options alone, a contract type with no eToro analog in most of the broker’s retail markets. Revenue mix is the cleanest signal of the two business models’ divergence.

### How does eToro make money vs Robinhood?

eToro earns commissions across crypto (**38%**), equities (**38%**), commodities (**20%**), and currencies (**4%**), per the F-1. Robinhood Q4 2025 transaction revenue: options at **$314 million** (up **41%**) and crypto at **$221 million** (declined **38%** year over year), plus net interest income. eToro relies on CFD spreads outside the US; Robinhood does not offer CFDs. See [crypto exchange market share data](https://coinlaw.io/crypto-exchange-market-share-statistics/) for venue context.

Behind both revenue mixes sit different asset bases.

## Assets Under Custody and Assets Under Administration

- Robinhood’s total platform assets: **$324 billion** at end-Q4 2025, **68%** above the prior year.
- Robinhood’s total platform assets reached $333 billion at the end of Q3 2025, **119%** above the prior-year period.
- Robinhood FY2024 Assets Under Custody (AUC) of **$193 billion**, **88%** above 2023 levels.
- Robinhood net deposits TTM: **$68.1 billion** at end-Q4 2025, a **35%** growth rate relative to total platform assets.
- Robinhood FY2024 net deposits: **$50.5 billion**, a **49%** growth rate relative to assets under custody at end-Q4 2023.
- Robinhood Q1 2026 net deposits: **$17.7 billion**, an annualized **22%** growth rate, above the prior-year period.
- eToro Assets Under Administration of **$20.8 billion**, **76%** above the prior-year period at end-Q3 2025.
- eToro Assets Under Administration grew by **11%** year over year to **$18.5 billion** at the end of Q4 2025.

![Robinhood vs eToro Assets Under Custody Trends](https://coinlaw.io/wp-content/uploads/2026/05/robinhood-vs-etoro-assets-under-custody-trends.jpg "Robinhood vs eToro Assets Under Custody Trends")

The asset-base gap is even wider than the revenue gap. Robinhood platform assets at the end of Q4 2025 sat roughly **17.5 times** eToro’s AUA. The asset measurement difference matters because Robinhood reports total platform assets, including customer cash, while eToro reports assets under administration focused on equity positions and customer balances managed within its trading wrapper.

## Robinhood Gold vs eToro Premium: Subscription and Membership Stats

- Robinhood Gold subscribers: **4.2 million** at end-Q4 2025, a **58%** year-over-year gain.
- roughly one in six Q4 2025 funded customers were Gold subscribers (4.2 million Gold subscribers divided by 27.0 million Q4 funded customers).
- eToro does not operate a comparable mandatory monthly subscription. Its Club tier system (Silver, Gold, Platinum, Platinum+, Diamond) is gated by realized equity in the account, not a flat subscription fee.
- eToro’s “Smart Portfolios” are managed thematic baskets without a separate per-month subscription cost.

FeatureRobinhood GoldeToro Club tierPricing modelFlat monthly subscriptionEquity-gated tier (no flat fee)Subscriber count4.2 million (end-Q4 2025)not disclosedTier structureSingle tierFive tiers (Silver to Diamond)BenefitsCash interest, margin, deposit boostLower spreads, account manager, perks by tier*Source: Robinhood Investor Relations Q4 2025 results, eToro Club program disclosures (etoro.com)*

## Stock Performance: HOOD on NASDAQ vs ETOR on NASDAQ

- Robinhood listed on NASDAQ under the ticker HOOD via its July 29, 2021, IPO.
- eToro listed on NASDAQ on May 15, 2025, pricing **13,711,470** ordinary shares, with trading beginning May 14, 2025, under the ticker symbol ETOR.
- eToro [IPO](https://coinlaw.io/ipo-statistics/) book-runners: Goldman Sachs, Jefferies, UBS Investment Bank, and Citigroup acted as joint lead book-running managers.
- eToro Q1 2026 result not yet been reported as of this article’s capture date.

Listing eventRobinhood (HOOD)eToro (ETOR)ExchangeNASDAQNASDAQIPO dateJuly 29, 2021May 15, 2025 (priced; trading began May 14)IPO price per share$38 (per IPO prospectus, historical)$52Gross proceeds raisednot directly comparable (historical)$403 millionFoundersVlad Tenev and Baiju BhattYoni Assia and Ronen Assia*Source: Robinhood historical 8-K filings (SEC EDGAR), eToro Form 424B4 final prospectus (SEC EDGAR), eToro Pricing of Initial Public Offering press release*

### Who owns Robinhood, and who owns eToro?

Both are public companies on NASDAQ. Robinhood Markets, Inc. trades as HOOD, with co-founders Vlad Tenev and Baiju Bhatt. eToro Group Ltd trades as ETOR, with co-founders Yoni Assia and Ronen Assia. Goldman Sachs, Jefferies, UBS Investment Bank, and Citigroup acted as joint lead book-running managers for the eToro offering of **13,711,470** ordinary shares. The broader US-listed retail-brokerage segment sits within the [retail investing data](https://coinlaw.io/retail-investing-statistics/) we maintain at the category level.

## Employee Headcount and Operating Scale

- Robinhood employee count: **approximately 2,300** at the end of 2024, about 4.55% growth from 2023.
- eToro employee count: **1,501** at the end of 2024, across over 10 offices globally.
- Robinhood operates with roughly **1.53 times** the headcount of eToro despite serving seven times the funded customer base.
- Robinhood revenue per employee FY2024: well over a million per employee (computed from $2.95 billion net revenues divided by ~2,300 employees, implying about $1.28 million per head).
- eToro revenue per employee FY2024: a little over half a million per employee (computed from $824 million revenue divided by 1,501 employees, implying about $549,000 per head).

MetricRobinhoodeToroHeadcount end-2024~2,3001,501Revenue per employee FY2024~$1.28 million~$549,000Office countnot separately disclosedover 10 globallyFunded customers per employee~11,400 (Q4 2025 base)~2,600 (FY2024 base)*Source: Robinhood Form 10-K FY2024, eToro Form F-1 (SEC EDGAR CIK 1493318)*

Productivity per employee runs more than twice as high at Robinhood as at eToro on the revenue-per-head basis, reflecting the US-scale base and the net-interest income stream that broader-geographic eToro cannot match within its commission-driven model.

## Regulatory Footprint and Licensing

- eToro (UK) Ltd holds a Firm Reference Number **583263** with the UK Financial Conduct Authority, with permissions covering arranging deals in investments, dealing in investments as agent, and making arrangements with a view to transactions in investments.
- eToro (Europe) Ltd is regulated by the Cyprus Securities Exchange Commission under licence number 109/10.
- eToro AUS Capital Limited holds Australian Financial Services Licence number **491139** from the Australian Securities &amp; Investments Commission.
- eToro is supervised by regulatory authorities including the FCA (UK), ASIC (Australia), CySEC (Cyprus), GFSC (Gibraltar), FinCEN, and FINRA (United States).
- eToro (Europe) Ltd received its Markets in Crypto-Assets (MiCA) license from CySEC, covering the full scope of CASP services authorised under MiCA in January 2025.
- Robinhood is registered with the US Securities and Exchange Commission and is a FINRA member; Robinhood UK Ltd is FCA-regulated for the UK retail offering launched in 2023

JurisdictioneToro entity / regulatorRobinhood entity / regulatorUSeToro USA LLC (FinCEN MSB + FINRA, crypto-only)Robinhood Markets Inc (SEC + FINRA)UKeToro (UK) Ltd (FCA, FRN 583263)Robinhood UK Ltd (FCA, retail launched 2023)EUeToro (Europe) Ltd (CySEC, 109/10; MiCA Jan 2025)No retail operationsAustraliaeToro AUS Capital Limited (ASIC, AFSL 491139)No retail operationsGibraltareToro (GFSC oversight)No retail operations*Source: FCA Register (register.fca.org.uk), eToro Regulation and License page (etoro.com), eToro CASP/MiCA press release (Jan 2025)*

### Which is safer, Robinhood or eToro?

Both operate under tier-one financial regulators in the jurisdictions they serve, so “safer” depends on framework match, not on platform preference. eToro UK customers fall under FCA oversight (FRN **583263**); eToro Europe customers fall under CySEC (109/10); US Robinhood customers fall under SEC and FINRA oversight. Asset protection scopes differ across jurisdictions, with separate compensation regimes covering each entity. The US-specific oversight surface for crypto products is tracked in [SEC and CFTC crypto regulation data](https://coinlaw.io/sec-and-cftc-regulations-on-cryptocurrencies-statistics/).

## CFD Retail Trading Loss Rates (eToro Only Disclosure-Mandated)

- eToro’s customer-facing risk disclosure states that **52%** of retail investor accounts lose money when trading CFDs with the platform.
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage, per the eToro disclosure.
- Robinhood does not offer Contract for Difference (CFD) products in any jurisdiction it currently serves at the retail level.
- US retail investors cannot trade CFDs at any broker; the product is prohibited for US retail clients industry-wide.
- The FCA and CySEC mandate the retail-loss disclosure for any firm offering CFDs to retail clients across the UK and the European Economic Area.

Disclosure attributeeToro (UK and EU retail)RobinhoodRetail CFD product offeredYesNoFCA/CySEC retail-loss disclosure requiredYes (52% lose money)Not applicableUS retail availabilityCFDs prohibited industry-wideCFDs prohibited industry-wideProduct replacementCFDs across crypto, commodities, currenciesOptions on equities, equities, crypto (spot)*Source: eToro General Risk Disclosure (etoro.com), FCA Register (register.fca.org.uk), eToro Regulation and License page (etoro.com)*

> **Worth noting:** Per eToro’s mandatory FCA and CySEC retail-risk disclosure, 52% of retail investor accounts lose money trading CFDs with the platform. Robinhood does not offer CFDs in any jurisdiction; US retail clients cannot trade CFDs at any broker. The disclosure is structural, not a comparative quality signal.

### Does Robinhood offer CFDs like eToro?

No. eToro’s customer-facing disclosure states that **52%** of retail investor accounts lose money trading CFDs with the platform, reflecting an FCA and CySEC mandate for any firm offering CFDs to retail clients. Robinhood does not offer CFDs anywhere it operates, and US retail investors cannot trade CFDs at any broker because the product is prohibited for US retail clients industry-wide.

## Robinhood vs eToro at a Glance: Headline-Metric Summary

![Robinhood vs eToro Revenue and Customer Ratios](https://coinlaw.io/wp-content/uploads/2026/05/robinhood-vs-etoro-revenue-and-customer-ratios.jpg)The Robinhood-eToro comparison contrasts two listed brokers building meaningfully different businesses. Robinhood concentrates revenue in US options, crypto, and net interest income, growing ARPU faster than the customer base. eToro spreads commissions across crypto, equities, commodities, and currencies in a wider geographic footprint, with a regulated CFD product that carries a mandatory retail-loss disclosure under FCA and CySEC rules. Readers benchmarking Robinhood against the other major US-listed retail head-to-head can pair this page with our [Robinhood vs Coinbase comparison](https://coinlaw.io/robinhood-vs-coinbase-statistics/).

## Conclusion

The seven-to-one funded-customer gap and the 70/16/10/4 geographic split for eToro are the two numbers that frame the comparison most clearly. Robinhood’s **27.4 million** funded customers in Q1 2026 dwarf eToro’s **3.81 million** funded accounts across **75 countries**, yet eToro carries a CFD product line whose mandatory retail-loss disclosure states that **52%** of retail investor accounts lose money trading CFDs.

Readers comparing the two platforms should align the choice to the product menu and jurisdictional access. US retail investors who want options, crypto, equities, and net-interest-bearing cash sit naturally with Robinhood. Global multi-asset traders in Europe, the UK, Asia-Pacific, the Middle East, and Africa markets, particularly those who want CFDs across crypto, commodities, and currencies, sit naturally with eToro. The current period’s data does not establish either platform as superior on a like-for-like basis; the two firms simply do not offer the same product menu to the same retail customer.