eToro Adds 65 Exchange-Traded Futures in Australia, Where It Holds 45% of CFD Traders
By Damian Chmiel
AI summary of the source article
eToro has launched 65 CME Group-listed futures contracts for Australian clients. The rollout expands its local product range alongside contracts for difference, where it holds a 45% market share of traders.
Why it matters
Julie Winkler, chief commercial officer at CME Group, noted that as self-directed investors adopt these products, "education is essential to helping them trade effectively."
Key facts
- Australian clients of eToro can trade 65 CME Group futures contracts covering metals, indices, energy, currencies, crops, and interest rates.
- eToro holds 45% of Australia's existing CFD traders according to a January ASIC review.
- Clients must pass suitability and knowledge tests, and all positions require a stop loss and negative balance protection.
Source excerpt · Finance Magnates
Australian clients of eToro can now trade 65 futures contracts listed by CME Group, the company said today (Thursday). The contracts cover metals, equity indices, energy, currencies, crops and interest rates, and come in smaller sizes that need less capital per position. The launch puts exchange-traded futures next to the contracts for difference (CFDs) eToro already sells in Australia. It holds 4…