eToro Upgrade: Trade In EUR And GBP With New Account Options

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Written By
James Barra
Head of Content
James is Head of Content and a brokerage expert with a background in financial services. A former management consultant, he's worked on major operational transformation programmes at top European banks. A trusted industry name, James's work at DayTrading.com has been cited in publications like Business Insider.
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Tobias Robinson
CEO and Head of Broker Testing Panel
Tobias is the CEO of DayTrading.com, an active investor, and a brokerage expert. He has over 30 years of experience in financial services, including supervising the reviews of more than 500 trading brokers, and contributing via CySEC to the regulatory response to digital options and CFD trading in Europe. Tobias' expertise make him a trusted voice in the industry, where he's been quoted in various financial organizations and outlets, including the Nasdaq.
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William Berg
Securities Law Expert
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
Updated

eToro has rolled out EUR accounts and GBP accounts to provide a more localized trading experience while minimizing fees.

Previously, you had to convert your local currency into US dollars to trade British and European equities, leading to additional conversion charges.

Key Takeaways

  • Alongside USD, you can now open a GBP and EUR eToro account to deposit and trade in the currency that suits you best.
  • You can manage your currency exposure by trading GBP and EUR-based assets without paying FX fees.
  • eToro has also expanded its investment offering with over 1,000 fresh UK stocks and 290 German stocks.

The new feature is part of eToro’s strategy to provide a trading experience optimized for local needs, and frankly, it’s been a long time coming.

Until now, eToro has been one of the few large brokers that only offer trading accounts based in USD, so this move was needed.

eToro now offering trading on local UK assets through GBP account

About eToro

eToro is one of the industry’s biggest names, winning over 35 million users from more than 100 countries since it launched in 2007.

Traders have been attracted by the intuitive web platform, mobile app and popular social investment network, that brings together traders at every level.

Users can deal in a growing selection of 6,000+ instruments, from currencies, stocks, indices and ETFs to higher-risk cryptocurrencies.

Your capital is at risk. Trade only with funds you can afford to lose.
eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. CFDs are not available in the US Crypto investments are risky and may not suit retail investors. You could lose your entire investment. Understand the risks here. 61% of retail accounts lose money.
61% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.