Do I own my cryptoassets?

On eToro, some positions are secured with real assets, and others use CFDs.

  • Trading real cryptoassets means that we purchase the tokens on your behalf and register them in a segregated account under your name. Once the position is closed, we sell the coins on your behalf, and the invested amount +/- any profits or losses are converted to fiat currency.

  • CFD stands for Contract for Difference. CFD trading enables you to trade an asset by engaging in a contract with eToro to replicate market conditions without buying the underlying asset. Click here to learn more about CFDs. Any CFD trade will be marked 'CFD' in the trade line. 

 

The type of crypto position depends on the direction of the trade (BUY or SELL), your country of residence, and the regulation that is applicable to you. To find out which regulation your account is under, please click here.

 

For clients of eToro (Europe) Ltd:

  • BUY (long) crypto positions are secured with real assets.
  • SELL (short) crypto positions are CFDs.

  • Residents of France: eToro is in the process of registering as a digital asset service provider with the AMF (Autorité des marchés financiers), pursuant to French law. Until the registration process is finalised, eToro users in France who registered on the eToro trading platform after 31 December 2020 will not be able to open real cryptoasset positions.

  • Residents of the UK: CFD positions (including crypto-crosses) are not permitted by regulation from 6 January 2021.

 

For clients of eToro (UK) Ltd:

  • BUY (long) crypto positions are secured with real assets. 
  • SELL (short) crypto positions are CFDs. Note that for clients of eToro (UK) Ltd, new CFD positions (including crypto-crosses) are not permitted by regulation from 6 January 2021.

 

For clients of eToro Aus Capital Pty Ltd, all crypto positions are CFDs.