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eToro Hooks Up with Deutsche Börse to Roll Out 290 German Stocks

source-logo  financemagnates.com 05 September 2024 09:33, UTC

Trading and investing platform eToro has announced a new partnership with Deutsche Börse. This collaboration will add over 290 German-listed stocks to eToro's platform. The move aims to provide users with more options and better data for informed investment decisions.

Expanding Stock Selection

The addition will allow eToro users, both in Germany and globally, to trade a broader range of stocks. Previously, users had access to 120 stocks, including the DAX40, which represents the 40 largest companies on the Frankfurt Stock Exchange. The new stocks include smaller and less liquid companies, expanding the trading possibilities.

Alongside the increased stock offerings, eToro will enhance the quality of pricing data for its German users. According to the firm, this partnership is part of eToro's strategy to localize and expand its services in Germany.

Recent efforts include the launch of eToro Core, featuring free investment portfolios managed by BlackRock, and the introduction of direct investing from EUR eToro Money accounts. eToro has also recently partnered with the London Stock Exchange to add over 1,000 UK-listed stocks to its platform.

financemagnates.com