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

On eToro UK, leverage varies depending on the asset being traded. For example, major currency pairs like GBPUSD offer leverage up to X30, while indices such as UK100 (FTSE100) have a maximum leverage of X20. It's important to note that real crypto trading does not allow leverage, but leverage up to X2 is available for crypto CFDs.

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76% 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.

 

Using leverage in trading can significantly amplify returns, but it's crucial to remember that it also increases risks. As a UK citizen with an account under eToro (UK) Ltd., regulated by the Financial Conduct Authority (FCA), I've had firsthand experience with the varying leverage options available on different assets. It's essential to ensure your account is under the correct entity, as this determines the leverage conditions you're subject to.

 

A Puzzling Discovery

In my exploration of the platform, I noticed that leverage levels vary depending on the asset. For instance, the maximum leverage I could apply to an eToro GBPUSD trade was X30, while for UK100 (FTSE100), it was capped at X20. Interestingly, real crypto trading on eToro doesn't permit the use of leverage, but for crypto CFDs, a leverage of up to X2 is available.

Curious about these variations, I've looked into eToro's website for more information and discovered a table outlining the maximum leverage conditions for different assets.

Leverage details for clients of eToro UK 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

To verify this information, I reached out to their customer service team through live chat. The representative confirmed that these leverage conditions were indeed applicable to accounts under eToro (UK) Ltd. They also emphasized that eToro leverage policies might differ under other entities, highlighting the importance of being registered under the correct entity, especially for UK residents.

 

In Summary

eToro offers a range of leverage options for UK traders, tailored to different asset classes. Understanding these options is crucial for effective investment planning, keeping in mind the increased risks that come with higher leverage.

This insight into eToro UK's leverage policies for accounts under their supervision should help traders make informed decisions in their trading strategies. Remember, while leverage can boost potential gains, it can also magnify losses, so it's vital to use it judiciously.

 

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. 76% 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 Mike Druttman About Mike Druttman

Mike Druttman, Head of Content at Wikitoro.org, has decades of expertise in marketing communications and business matching. Educated at the CAM Foundation and the Chartered Institute of Marketing, Mike has collaborated with businesses from the UK to Japan. He founded KEYZUNA, bridging Japanese businesses with global innovations. With a diverse background spanning high-tech to hospitality, Mike's articles at Wikitoro reflect his vast knowledge and unique perspective.

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76% of retail investor accounts lose money