eToro has expanded its services in Spain by introducing
futures trading for new users. This move provides them with more opportunities
to diversify their investment strategies and access a broader range of
financial products. Futures trading allows users to plan their investments with
contracts that have defined expiry dates, offering more structure to their
trading activities.
Futures Trading in Spain with Diverse Market Options
The available futures contracts on eToro include several
well-known products, such as the Micro WTI $OIL Future, $NSDQ100, $GOLD, NATGAS,
$SPX500, and DJ30. These contracts allow traders to tap into various markets,
including commodities, indices, and energy sectors.
It is important to highlight that futures instruments carry
a significant risk of losing money. As eToro has stated:
“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.”
eToro Futures Contracts Offer Diversification
According to eToro, Futures trading offers several
advantages. It enables diversification, giving users access to markets they
might not have engaged with otherwise. Additionally, it allows for leverage,
where users can amplify their exposure with relatively smaller investments.
The defined expiry dates of the contracts provide
flexibility in planning trades. According to eToro, it ensures transparency by
facilitating trades directly through regulated exchanges such as CME and ICE.
Expanding Deposit Options and Securing Regulatory
Approval in Europe
Meanwhile, eToro
has introduced new deposit options for its European users and secured
regulatory approval to expand its operations. Customers can now deposit funds
via credit cards or bank transfers in eight local currencies, as reported by Finance Magnates.
eToro (Europe) Ltd has received approval from the Cyprus
Securities and Exchange Commission to operate under the Markets in
Crypto-Assets Regulation. This regulation standardizes cryptocurrency trading
rules across the EU. The platform also adheres to MiFID, which governs
financial markets in the region.
The newly supported currencies include Swedish Krona,
Norwegian Krone, Danish Krone, Swiss Franc, Hungarian Forint, Polish Zloty,
Czech Koruna, and Romanian Leu. Additionally, eToro has reduced foreign
exchange fees, starting at 1%, to improve flexibility and lower transaction
costs.
eToro has expanded its services in Spain by introducing
futures trading for new users. This move provides them with more opportunities
to diversify their investment strategies and access a broader range of
financial products. Futures trading allows users to plan their investments with
contracts that have defined expiry dates, offering more structure to their
trading activities.
Futures Trading in Spain with Diverse Market Options
The available futures contracts on eToro include several
well-known products, such as the Micro WTI $OIL Future, $NSDQ100, $GOLD, NATGAS,
$SPX500, and DJ30. These contracts allow traders to tap into various markets,
including commodities, indices, and energy sectors.
It is important to highlight that futures instruments carry
a significant risk of losing money. As eToro has stated:
“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.”
eToro Futures Contracts Offer Diversification
According to eToro, Futures trading offers several
advantages. It enables diversification, giving users access to markets they
might not have engaged with otherwise. Additionally, it allows for leverage,
where users can amplify their exposure with relatively smaller investments.
The defined expiry dates of the contracts provide
flexibility in planning trades. According to eToro, it ensures transparency by
facilitating trades directly through regulated exchanges such as CME and ICE.
Expanding Deposit Options and Securing Regulatory
Approval in Europe
Meanwhile, eToro
has introduced new deposit options for its European users and secured
regulatory approval to expand its operations. Customers can now deposit funds
via credit cards or bank transfers in eight local currencies, as reported by Finance Magnates.
eToro (Europe) Ltd has received approval from the Cyprus
Securities and Exchange Commission to operate under the Markets in
Crypto-Assets Regulation. This regulation standardizes cryptocurrency trading
rules across the EU. The platform also adheres to MiFID, which governs
financial markets in the region.
The newly supported currencies include Swedish Krona,
Norwegian Krone, Danish Krone, Swiss Franc, Hungarian Forint, Polish Zloty,
Czech Koruna, and Romanian Leu. Additionally, eToro has reduced foreign
exchange fees, starting at 1%, to improve flexibility and lower transaction
costs.
This post is originally published on FINANCEMAGNATES.
