(Reuters) - Israel's eToro Group said on Monday it was targeting a valuation of up to $4 billion in its initial public offering in the United States.

The retail trading platform and some existing stockholders are aiming to raise as much as $500 million by offering 10 million shares priced between $46 and $50 each.

Goldman Sachs, Jefferies, UBS Investment Bank and Citigroup are the lead underwriters for the offering.

The company will list on the Nasdaq Global Select Market under the symbol "ETOR".