money
Trade local trade global
Discover etoro’s Local Currency Account*: get the advantages of a local broker and a global investment platform — all in one
Open a Local Currency Account
*Current supported local currencies: GBP, EUR, AUD, and DKK.
Full and updated list available in our Help Center.
The best of Both worlds
On etoro, you’ll have access to leading local and global assets — plus insights from analysts and investors in your area, as well as from around the world. When you open a Local Currency Account, you add the flexibility to deposit, hold, and fund trades in your local currency or USD — whichever suits you at any moment.
- This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.
Diversify cost-effectively with hundreds of European stocks
Trade local currency–based assets without FX fees
Get discounted FX fees when converting funds
Manage currency exposure
No withdrawal fees on your local currency account *Other fees may apply
Access hundreds of local assets
Start investing in a variety of the best assets Europe has to offer — with more being added all the time
Say goodbye to FX fees
When opening a position, simply fund the trade in the asset’s currency.
When depositing and withdrawing, use whichever etoro account — your local currency account or your USD account — matches the currency of your bank, to avoid unnecessary conversion fees.
How to add funds to your local currency account*.
*Other fees may apply
Need to convert? No problem.
When opening a position in a different currency, convert only the funds you need — keeping FX fees to a minimum. When transferring between your local currency account and your USD account, receive lower FX fees than any other method of payment. etoro Club members pay even less with discounted rates — see here.
Preserve the value of your funds
Hold funds in your local currency account or your USD account — or both — to manage currency exposure based on your investment strategy and stay ahead of rate fluctuations.
How to fund trades with your local currency
Both your local currency account and your USD account appear in the Wallet tab. The choice is yours!
Choose an asset.
Currently available for trades with underlying assets, or USD-based CFDs.
Select currency.
Choose between available local currency or available USD from the dropdown menu.
Click BUY.
Your position is now open and appears in your portfolio.
When closing the position
Choose which currency account you want your funds returned to.
*Closing positions to the local currency account is not yet available in all regions.
Get Your Local Currency Account
* Current supported local currencies: GBP, EUR, AUD, and DKK.
Full and updated list available in our Help Center.
More freedom on the go
Your etoro Visa Debit Card connects to your local currency account, so your funds are available to spend anytime, anywhere
Get Your Local Currency Account
Everything all in one place
Managing your funds on etoro just got easier, faster, and more flexible.
Now, you can see all your etoro accounts in one place on your Wallet tab.
One tab, total control
All your etoro holdings visible in one place
Move your money, your way
Quickly and seamlessly transfer funds between your etoro accounts
Your funds, your currency
View your funds on etoro in your preferred currency.
Legal bits: The local currency account (etoro Money Malta Ltd.) services are only available to EU residents via SEPA bank transfers. etoro Money services are designed for the purpose of making payment transactions. Funds in your local currency account are safeguarded per regulatory standards, but are not covered by the Depositor Protection Scheme (DCS in Malta). Please refer to the safe and secure page for further information. Currently, only crypto-to-crypto conversion is available. FX conversion fees for withdrawals from the etoro investment platform to the local currency account can be found here. Withdrawals made from the etoro investment platform to the local currency account are faster compared to other withdrawal methods available on the investment platform. Club members will continue to enjoy Club offers alongside the etoro Money benefits.