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US citizens in the UK · Institutions

Which eToro UK accounts accept US citizens

Last checked

eToro UK has been checked for US citizens across 2 account types. Both are closed to a US person.

At a glance

Account type Verdict Accounts Updated
Stocks & shares ISAs Declines US citizens —
Brokerage accounts Declines US citizens —

Stocks & shares ISAs

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Declines US citizens
Updated

Worth knowing who you are actually applying to. Both eToro ISAs, managed and do-it-yourself, are Moneyfarm products surfaced inside eToro, and eToro's own pages set eligibility only at 18 and UK resident. The refusal sits with Moneyfarm, which decided not to accept further US persons and counts dual nationals where one nationality is American.

FSCS £85,000 · provided by MFM Investment Ltd trading as Moneyfarm

Source: Moneyfarm FAQ, as provider of the eToro ISA, 2026-08-24 eToro UK's own page

Brokerage accounts

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Declines US citizens
Updated

Both eToro doors are shut and they shut on opposite groups. The UK terms treat US residents and citizens as a blocked country, while the US arm says it cannot serve US citizens who live outside the States, which is precisely where you are.

FSCS £85,000 investment cover · eToro (UK) Ltd, with insurance above the limit

Source: eToro help centre, US citizens living abroad, 2026-08-17 eToro UK's own page

Account names link to the provider's own site. No link on this page is paid. How Momo makes money. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
Tax

PFIC

Almost every UK-domiciled fund is a PFIC, taxed by the US at punitive rates with heavy filing. This is why US citizens hold individual shares, not UK funds.

 Tax

ISA US tax

The IRS does not recognise the ISA wrapper. Cash ISA interest and stocks ISA gains are taxable on your US return, and fund holdings drag in PFIC rules.

 Tax

FATCA

Do UK banks report your account to the IRS? Yes, through HMRC, under FATCA. It is a reporting law, not a tax. Where it bites is access.