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.