Global broker eToro launches Australian‐dollar accounts and adds 200+ ASX stocks to deliver a more localised, lower-cost trading experience for Aussie users.
Highlights:
eToro introduces AUD-denominated accounts, allowing Australian users to deposit, hold and trade in AUD—reducing currency-conversion costs when investing in local assets.
The platform adds over 200 ASX-listed stocks and supports features like recurring investments, direct crypto deposits and upcoming AUD interest payouts.
Users benefit from instant bank transfers via Open Banking, and significantly discounted FX fees between AUD and USD—from 0.75 % down to 0.15 % for certain tiers.
Summary:
eToro is deepening its commitment to the Australian market by rolling out AUD currency accounts, enabling users to deposit, hold and trade directly in Australian dollars. This removes the previous requirement to convert every deposit into USD, thereby reducing foreign-exchange costs and simplifying transactions for local investors.
With this enhancement, Australians can now fund trades in AUD, access over 200 additional ASX-listed stocks, set up recurring investments and deposit crypto from external wallets—all while enjoying cheaper FX conversions and an upcoming interest-earning option on AUD holdings. The move underscores eToro’s strategy to tailor its global platform for regional markets and give Australian users a more competitive, localised trading experience.