Wikitoro author Wikitoro Team Written by Wikitoro Team
Wikitoro fact checker Nick Zelver Fact checked by Nick Zelver
Updated Mar, 2024

If you're an eToro Ireland user, your leverage options will depend on the specific asset that you are trading. Major currency pairs can be leveraged up to X30, whereas non-major equity indices and commodities (gold excluded) offer leverage up to X10. Notably, real cryptocurrency trading on this broker does not support leverage, but for CFD crypto trading, leverage of up to X2 is available. This applies specifically to clients registered under eToro Europe Ltd. in Ireland.

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51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

 

What You Need to Know

Are you from Ireland and planning to use leverage on your investments with eToro? You better read this first before using it. This could be a game-changer. Being a registered + verified user and a resident of Ireland, I've explored various aspects of leverage on this platform.

It's important for Irish traders to understand the maximum leverage available, as it can significantly impact investment strategies. Leverage is a powerful tool in trading, offering the potential to enhance returns, but it also carries a high level of risk.

Before we continue, let it be known that my account falls under the jurisdiction of "eToro Europe Ltd.," and here's what I've learned.

 

Observations

When I first started trading on this broker, I noticed that eToro leverage options varied across different assets. For instance, trading major currency pairs offered a different leverage level compared to commodities or indices.

At first, I thought maybe because I was using their app, so I switched to the web platform but the experience was just the same. This intrigued me, so I delved deeper into understanding these variations.

One key observation was that real cryptocurrencies do not allow the use of leverage. However, for those interested in crypto CFDs, a certain level of leverage is available. This distinction is crucial for traders who are considering diversifying their portfolios with cryptocurrency.

 

Delving Deeper

To get a clearer picture, I reached out to the customer service department via email and also reviewed their website. Similar to what I found on the site, they provided me with detailed information on leverage limits for various asset classes.

This information is particularly relevant for accounts registered under "eToro Europe Ltd.," which includes eToro Ireland traders:

Leverage details for Ireland residents and clients of eToro Europe Ltd.
AssetMaximum Leverage
Major currency pairsX30
Non-major currency pairsX20
GoldX20
Major indicesX20
Commodities (except Gold)X10
Non-major equity indicesX10
CFD stocksX5
ETFsX5
CFD cryptoX2

 

The Bottom Line

Understanding the leverage options available on this broker is essential for effective trading, especially for those of us trading under the regulations of "eToro Europe Ltd." in Ireland. While leverage can be a beneficial tool, it's important to use it judiciously, keeping in mind the increased risks involved.

 

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Wikitoro author Wikitoro Team About Wikitoro Team

The Wikitoro Team is a dynamic group of five seasoned eToro traders who have been actively using the platform since 2018. As pioneers in establishing the Wikitoro wiki site, we are dedicated to ensuring the accuracy and reliability of the information we provide. Our team regularly verifies data and content from our authors and contributors, taking turns to meticulously review each piece. Our commitment is to offer our readers factual and precise information, reflecting our extensive experience and deep understanding of the eToro platform.

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51% of retail investor accounts lose money