For eToro users residing in the USA, the available trading options include stocks, cryptocurrencies, and ETFs. However, due to regulatory restrictions, other instrument classes such as currencies (forex), commodities, and indices are not accessible for trading on the platform.
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal, "Virtual currencies are highly volatile. Your capital is at risk."
eToro has become a prominent trading brand in the USA, gaining visibility through various channels including high-profile events like Super Bowl LVI. A common query among potential and current users is about the range of products available for trading on the platform.
Being a US resident and having an investment account with this broker, I can provide firsthand insights into this matter.
Accessing eToro through both the web platform and the app on my iPhone 12, I've navigated to the Discover page where the following products are prominently listed:
These represent the main asset classes or market types available to eToro USA traders. However, it's important to note the absence of indices, commodities, and currencies. After inquiring with the support team, I learned that these are not offered due to specific financial regulations in the US.
Beyond these primary offerings, they also feature two additional and unique products worth mentioning:
These offerings enhance the diversity of investment opportunities on this broker, catering to a range of investor preferences and strategies.
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. This is not meant to be tax advice or financial advice of any kind. The above information we compiled from online tax forums. Please, consult a CPA or lawyer if you have questions about filing your tax return, forms to use, or what is/is not taxable. eToro is not a tax advisor.
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.