Abstract:eToro, a major multi-asset investing platform, said yesterday that it has expanded its partnership with AS Monaco, a professional football team situated in Monaco. The new agreement extension will assist the organization in expanding its footprint across Europe.
AS Monaco's principal sponsor will be eToro in June 2021.
In 2021, the corporation considerably increased its worldwide sports sponsorship portfolio.
eToro, a major multi-asset investing platform, said yesterday that it has expanded its partnership with AS Monaco, a professional football team situated in Monaco. The new agreement extension will assist the organization in expanding its footprint across Europe.
Last year, eToro forged relationships with some of the world's top professional football teams, including Aston Villa, Newcastle United, and Southampton FC. eToro teamed together with Arsenal in September 2021, expanding its worldwide sports sponsorship portfolio.
AS Monaco and eToro have a long history of collaboration. The multi-asset investing platform became the football club's major sponsor in June of last year. With the renewal of the partnership, eToro will now sponsor AS Monaco for the 2022-23 European season.
“We are thrilled to strengthen our connections with eToro, an inventive and brave firm that, like AS Monaco, is continuously exploring new frontiers.” By strengthening this agreement, eToro asserts itself as our chosen partner more than ever and demonstrates AS Monaco's rising popularity. The progress accomplished since the start of our mutual journey in 2020 has been substantial, said Jean-Emmanuel de Witt, CEO of AS Monaco.
eToro has a sports sponsorship agreement with the Polish football club Lechia Gdansk in November 2021.
Sponsorships In addition to football teams, eToro negotiated sponsorship agreements with renowned sports organizations such as Rugby Australia and Racing League.
“The continuation of our agreement is another crucial milestone in our engagement with AS Monaco throughout Europe,” stated Valérie Kalifa, Marketing Director of eToro in France. We are thrilled that our logo appears on the front of the shirt of AS Monaco, a squad that has qualified to compete in European championships. We consider this new opportunity as a once-in-a-lifetime chance to educate all fans throughout Europe about internet investment.
eToro on WikiFX
According to the WikiFX database, eToro is a trustworthy online trading broker in which to invest. WikiFX monitors not just unregulated brokers, but also regulated brokers. However, eToro has received a few complaints from its traders all across the world. WikiFX thinks they have handled all of the issues.
eToro's Regulations
eToro has been regulated by several financial agencies, including ASIC, CySEC, and the FCA. It has a high credibility rating on the WikiFX platform.
What is eToro?
eToro is a market-leading social trading network that allows traders to replicate the trades of experienced investors or gain special benefits for sharing their trading ideas.
eToro is a big worldwide cryptocurrency exchange with over 3,000 tradeable symbols that allow non-US consumers to trade FX, exchange-traded stocks, and cryptocurrency. eToro now provides stock and exchange-traded fund (ETF) trading to US residents in 44 states, in addition to its current bitcoin service.
Pros
Established platform
Regulated in numerous jurisdictions
Unique social trading capabilities that allow users to match the moves of popular traders
Cons
Stock, ETF, and cryptocurrency trading only available in 44 U.S. states
Margin trading is not available to U.S. users
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