eToro Expands Australian Market Presence with AUD Accounts and ASX Stock Listings
eToro has launched Australian dollar-denominated accounts, eliminating foreign exchange fees for local traders. The platform now supports direct AUD deposits and trading, mirroring its USD interest-bearing feature. This strategic MOVE reduces friction for Australian investors, particularly when trading over 200 newly listed ASX equities.
The rollout includes phased access, prioritizing existing users before onboarding new clients. Automated investing tools like recurring purchases and instant bank transfers further streamline the experience. Notably absent are cryptocurrency-specific announcements, though eToro's existing crypto offerings remain accessible to Australian traders.
Integration with Spaceship and direct AUD funding creates a seamless pipeline for domestic investors. The expansion reflects eToro's broader strategy of market-specific localization, though no new digital asset listings accompany this regional update.
