- Australian users can now use AUD to deposit, hold and invest on eToro
- Local users will soon be able to earn interest on AUD cash holdings, deposit crypto into their accounts, and enable recurring investments
- eToro will add over 200 more ASX-listed stocks and make Spaceship Super available in app
Sydney, 20 October 2025: Trading and investing platform eToro has doubled down on its Australian offering with the launch of AUD accounts, providing users of the global platform with a more localised experience. eToro will roll out several new updates set to improve how Australians build wealth on the platform, including reduced currency conversion costs, interest on cash balances, recurring investments, and instant bank transfers.
The platform has launched AUD accounts, allowing users to deposit, hold, withdraw and invest directly in their local currency. Australian users can now choose to fund trades from their AUD or USD balance, rather than converting to USD by default. When investing in ASX-listed stocks, they can eliminate conversion fees by funding trades in AUD.
In addition, users will enjoy major discounts on currency conversions between AUD and USD when buying USD-traded assets. Conversion fees start from only 0.75%, and can be reduced to as little as 0.15% depending on the user’s eToro Club tier. This gives users more control over how they manage currency exposure as part of their investment strategy.
Currently, Australian users can earn up to 4.05% interest on their USD balance depending on their Club tier. With the introduction of AUD accounts, users will soon also earn interest on their AUD cash holdings. Users will also be able to invest in over 200 more ASX-listed companies. These updates mark another step in eToro’s strategy of complementing its global platform with a more localised experience for users in key markets.
Doron Rosenblum, Executive Vice President, Business Solutions at eToro, commented: “The introduction of AUD accounts is more than just a convenience. It enables Australian retail investors to reduce costs, manage their currency exposure more effectively, and gain greater control over their trading experience. This, paired with innovations such as the recurring investments feature, ensures Australian eToro users have a real edge in markets.”
To enhance its long-term investing offer in Australia, eToro has also enabled recurring investments in the region. eToro users can now set up an automated repeat purchase of an asset at regular time intervals, helping users to consistently contribute towards their investment goals and free up the time of placing manual orders. The new feature is available for stocks, ETFs, and cryptoassets.
Furthermore, users will soon be able to deposit BTC, ETH, USDC, and XRP from external wallets to eToro and convert them to AUD, which can then be easily reinvested in any instruments on eToro, withdrawn or spent.
Robert Francis, Managing Director at eToro Australia, commented:
“As we work to enhance our presence and offerings in Australia, our goal is to provide users with the best possible investing and money management experience. This includes access to a variety of global products as well as features specifically designed to meet the needs of Australian investors.”
The company has also announced upcoming improvements to how Australians deposit funds. An Open Banking solution will enable instant bank transfers without leaving the eToro app. This allows Australian investors to better react to market movements and fund their account swiftly.
These announcements follow eToro’s continued expansion in Australia, marked by its acquisition of Australian investing app Spaceship in September 2024. eToro users will soon be able to sign up to Spaceship seamlessly and view all their Spaceship investments alongside their existing eToro portfolio in an integrated way.
The introduction of AUD accounts and new product offerings reflects eToro’s commitment to strengthening its presence in Australia, delivering a product that combines the scale of its global platform that serves 40 million users worldwide, with features tailored to the needs of Australian investors.
“Australian investors are unique, and as such, deserve tailored products to fit their specific goals and investing strategies,” said Robert Francis.
“This is a key market for eToro, and today’s announcement reflects our commitment to further enhancing our world-class offering in the region. The updates we’re announcing today will empower Aussie retail investors to exercise more sophisticated control over their investments and achieve even more with their money through eToro.”
For more information, visit www.etoro.com/au/trading/currency-accounts/.
– ENDS –
Notes to editors
eToro’s AUD accounts will be made available in a phased rollout, first to existing eToro users, then to new clients.
Initial recurring investments start from USD$25, with a maximum of USD$5,000 per transaction and $25,000 in total transactions per month. Recurring investments are currently not available for CFDs, SmartPortfolios or CopyTrading. Stock, cryptoassets or ETF positions opened through a recurring plan are exempt from commission fees. Closing fees apply for stock positions. Reduced FX fees may apply. More information about this feature can be found here.
Media contact:
About eToro:
eToro is a trading and investing platform that empowers you to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have 40 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So we’ve created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On eToro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors. You can visit our media centre here for our latest news.
Disclaimers:
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
eToro is a group of companies that are authorised and regulated in their respective jurisdictions. The regulatory authorities overseeing eToro include:
- The Financial Conduct Authority (FCA) in the UK
- The Cyprus Securities and Exchange Commission (CySEC) in Cyprus
- The Australian Securities and Investments Commission (ASIC) in Australia
- The Financial Services Authority (FSA) in the Seychelles
- The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) in the UAE
- The Monetary Authority of Singapore (MAS) in Singapore
This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. This material has been prepared without taking into account any particular recipient’s investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or a packaged investment product are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication.
eToro Service ARSN 637 489 466 promoted by eToro AUS Capital Limited ACN 612 791 803 AFSL 491139. Capital at risk. Other fees apply. See PDS and TMD
Regulation and License numbers
Australia
eToro AUS Capital Limited (AFSL number 491139) and eToro Asset Management Limited (AFSL 319738) (“collectively, eToro Australia”) is regulated by the Australian Securities & Investments Commission (“ASIC”) for the provision of financial services and products.