eToro Adds Eight Currencies for EU Deposits Following MiCA Approval from CySEC

eToro has introduced new deposit options for its European
users while securing regulatory approval to expand its operations. Customers
can now deposit funds using credit cards or bank transfers in eight local
currencies.

eToro (Europe) Ltd has obtained approval from the
Cyprus Securities and Exchange Commission (CySEC) to
operate under the Markets in Crypto-Assets Regulation (MiCA)
. This
framework standardizes cryptocurrency trading rules across the EU. The platform
also complies with MiFID, which governs financial markets in the region.

eToro Supports New Currencies, Reduces Fees

The newly supported currencies include Swedish Krona (SEK),
Norwegian Krone (NOK), Danish Krone (DKK), Swiss Franc (CHF), Hungarian Forint
(HUF), Polish Zloty (PLN), Czech Koruna (CZK), and Romanian Leu (RON).
Additionally, eToro has lowered foreign exchange (FX) fees, starting at 1%, to
enhance flexibility and reduce transaction costs.

eToro has introduced new deposit options for its European
users while securing regulatory approval to expand its operations. Customers
can now deposit funds using credit cards or bank transfers in eight local
currencies.

eToro (Europe) Ltd has obtained approval from the
Cyprus Securities and Exchange Commission (CySEC) to
operate under the Markets in Crypto-Assets Regulation (MiCA)
. This
framework standardizes cryptocurrency trading rules across the EU. The platform
also complies with MiFID, which governs financial markets in the region.

eToro Supports New Currencies, Reduces Fees

The newly supported currencies include Swedish Krona (SEK),
Norwegian Krone (NOK), Danish Krone (DKK), Swiss Franc (CHF), Hungarian Forint
(HUF), Polish Zloty (PLN), Czech Koruna (CZK), and Romanian Leu (RON).
Additionally, eToro has lowered foreign exchange (FX) fees, starting at 1%, to
enhance flexibility and reduce transaction costs.

This post is originally published on FINANCEMAGNATES.

  • Related Posts

    Best Brokers in Mexico in 2025

    The retail market continues to grow in Mexico in 2025, with investors consistently seeking out the best brokers to trade with. Being able to find the right broker is an…

    From Tapas to Taxes: Revolut Expands Its Reach in Spain

    Fintech giant Revolut reportedly partners with Spanish authorities to allow users to pay taxes, while expanding its payment solutions with Revolut Terminal. Revolut Tackles Taxes in Spain? In a move…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    EURJPY Forecast & Predictions for 2025, 2026, 2027–2030 and Beyond

    • March 19, 2025
    EURJPY Forecast & Predictions for 2025, 2026, 2027–2030 and Beyond

    Copper Trading in Forex Markets: How It Works and How to Trade

    • March 19, 2025
    Copper Trading in Forex Markets: How It Works and How to Trade

    Best Brokers in Mexico in 2025

    • March 19, 2025
    Best Brokers in Mexico in 2025

    Three Reasons to Buy DAX 40. Forecast as of 19.03.2025

    • March 19, 2025
    Three Reasons to Buy DAX 40. Forecast as of 19.03.2025

    From Tapas to Taxes: Revolut Expands Its Reach in Spain

    • March 19, 2025
    From Tapas to Taxes: Revolut Expands Its Reach in Spain

    Former Citi MD with 30 Years Experience Launches Prop Firm Offering $350K Annually for Top Traders

    • March 19, 2025
    Former Citi MD with 30 Years Experience Launches Prop Firm Offering $350K Annually for Top Traders