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.
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.
