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Can you trade forex on eToro?
Yes in the UK, EU and Australia, where eToro offers currency pairs as CFDs. No in the US, where eToro only offers stocks and crypto.
Checked 7 October 2026. Products and rules change, so confirm in the eToro app before you rely on this.
Forex on eToro by country
Whether you can trade currency pairs on eToro where you live.
| Country | Allowed? | Details |
|---|---|---|
 Allowed in UK | ✓Yes · forex CFDs | FCA-regulated entity; leverage capped at 30:1 on majors for retail clients. |
 Allowed in USA | ✕No forex | eToro USA does not offer CFDs or forex; CFDs are not permitted for US retail clients. |
 Allowed in EU | ✓Yes · forex CFDs | CySEC-regulated entity; ESMA leverage limits apply. |
 Allowed in Australia | ✓Yes · forex CFDs | ASIC-regulated entity; leverage capped at 30:1 on majors. |
 Allowed in Canada | ?Not confirmed · check the app | We couldn’t confirm this. Check the app or the provider’s local website. |
What this means for you
If you live in UK, EU, Australia, you can trade currency pairs on eToro. Before you do, check the leverage, spreads and overnight fees, and size every position from your stop loss with our lot size calculator.
What you can do on eToro instead
- Stocks and crypto (US)
- CopyTrader on other assets
Futures, CFDs and spot forex: what’s the difference?
- Spot forex is buying and selling currency pairs directly, the way most forex traders and forex signals work.
- Forex CFDs track currency pairs without you owning the currency. They are common in the UK, EU and Australia but banned for US retail clients.
- Currency futures are exchange-traded contracts (such as CME Euro FX) with fixed sizes and expiry dates. Prices follow the same pairs, but contract sizes and costs differ.
Choosing somewhere to trade forex
- Check the broker is regulated where you live (for example the FCA, NFA/CFTC, CySEC or ASIC).
- Compare spreads, commission and overnight swap.
- Start small, or on a demo account, and read how leverage and margin work.
FAQ
Can you trade forex on eToro?
Yes in the UK, EU and Australia, where eToro offers currency pairs as CFDs. No in the US, where eToro only offers stocks and crypto.
Is forex on eToro available in the UK and USA?
UK: Yes · forex CFDs (FCA-regulated entity; leverage capped at 30:1 on majors for retail clients.). USA: No forex (eToro USA does not offer CFDs or forex; CFDs are not permitted for US retail clients.).
What can I use instead of eToro for forex?
A broker regulated for forex where you live. Platforms that offer forex in at least one of the UK, US, EU, Australia or Canada include Trading 212, Interactive Brokers, Charles Schwab, Plus500. Check the regulator, leverage limits and costs before opening an account.
Sources
Official Telegram channel
Trade ideas, with the reasoning attached.
Our signals go out on Telegram first: entry, stop loss, take profit and the context behind each one. Free to join, leave any time.