Wikitoro author Wikitoro Team
Written by Wikitoro Team
Wikitoro reviewer Mike Druttman
Reviewed by Mike Druttman

On eToro Australia, the leverage available varies depending on the asset being traded. Major currency pairs can be leveraged up to X30, while non-major currency pairs, gold, and major indices have a maximum leverage of X20. It's important to note that real crypto trading does not permit leverage, but for CFD crypto, leverage of up to X2 is available.

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61% 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.

 

A Personal Account

Using leverage in trading can significantly amplify returns, but it's crucial to remember that it also increases risk levels. As an eToro user and Australian resident, I've navigated the complexities of leverage on this platform and want to share my insights, particularly focusing on the maximum leverage available for different assets.

Take note: My account falls under eToro AUS Capital Limited, regulated by ASIC (Australian Securities and Investments Commission). It's vital for Australian traders to ensure they're trading under this entity, as it adheres to specific regulatory standards.

In my journey with this broker, I've observed that leverage limits vary across different assets. For instance, when trading EURUSD, the maximum leverage I could apply was X30, while for gold, it was capped at X20.

It's interesting to note that real crypto trading doesn't permit the use of leverage. However, for eToro crypto CFDs, a leverage of up to X2 is available.

 

Getting the Fine Details

To gain a clearer understanding, I referred to eToro's website and reached out to their support team. They provided me with a detailed table outlining the leverage limits for various asset classes under eToro AUS Capital Limited. This table was a revelation, as it clearly indicated that leverage limits are asset-specific.

Leverage details for clients of eToro AUS Capital Limited
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

Moreover, the support team emphasized that leverage policies might vary if an account is registered under a different eToro entity. This is an important consideration for traders who might be operating under different regulatory environments.

 

Summary Points

  • eToro leverage on Australia varies by asset class, with specific limits for each.
  • Real crypto trading does not allow leverage, while crypto CFDs offer up to X2.
  • It's crucial to confirm that your account is under eToro AUS Capital Limited to ensure compliance with ASIC regulations.

This personal exploration into the leverage options on eToro Australia underscores the importance of understanding the platform's policies and the regulatory environment under which one trades. It's a balance of maximizing potential returns while being acutely aware of the associated risks.

 

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 ensuri...

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