eToro has reportedly launched futures trading for new users residing in Spain, broadening their investment opportunities.
This expansion empowers traders to diversify their portfolios and explore a wider array of financial instruments.
With futures trading, users can strategically plan their investments using contracts with set expiration dates, bringing greater clarity and structure to their trading endeavors.
eToro’s futures offerings feature popular contracts like the Micro WTI $OIL Future, $NSDQ100, $GOLD, NATGAS, $SPX500, and DJ30.
These options open doors to diverse markets, including commodities, indices, and energy, giving traders ample opportunities to engage with global trends.
eToro emphasizes that futures trading involves substantial risks, stating:
“Futures are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how futures work, and whether you can afford to lose more than your original investment.”
Futures trading on eToro offers key benefits, including portfolio diversification by unlocking access to previously untapped markets.
The use of leverage allows traders to maximize their market exposure with smaller upfront investments.
Additionally, the fixed expiry dates of futures contracts provide flexibility and predictability in trade planning.
eToro ensures transparency by executing trades through regulated exchanges like CME and ICE.
In parallel, eToro has rolled out expanded deposit options for European users and gained regulatory approval to strengthen its presence.
European customers can now fund their accounts using credit cards or bank transfers in eight local currencies: Swedish Krona, Norwegian Krone, Danish Krone, Swiss Franc, Hungarian Forint, Polish Zloty, Czech Koruna, and Romanian Leu.
eToro has also reportedly lowered its platform FX fees, starting “at 1%, enhancing affordability and convenience.”
On the regulatory front, eToro (Europe) Ltd has reportedly been approved by the Cyprus Securities and Exchange Commission to operate under the Markets in Crypto-Assets Regulation, harmonizing crypto trading standards across the EU.
The platform also complies with MiFID, ensuring adherence to Europe’s financial market regulations.