eToro Adds 65 Exchange-Traded Futures in Australia, Where It Holds 45% of CFD Traders

Australian clients of eToro can now trade 65 futures contracts listed by CME Group, the company said today (Thursday). The contracts cover metals, equity indices, energy, currencies, crops and interest rates, and come in smaller sizes that need less capital per position.

The launch puts exchange-traded futures next to the contracts for difference (CFDs) eToro already sells in Australia. It holds 45% of the country's existing CFD traders, according to a review by the Australian Securities and Investments Commission (ASIC) published in January.

A futures contract trades on an exchange and clears centrally, while a CFD is a private contract between a client and a trading firm.

The local unit of eToro, eToro AUS Capital Limited, issues the contracts under a target market determination dated October 28. Margin follows CME's requirement plus a buffer set by eToro, and every position needs a stop loss.

London's trading industry is coming home!

Australia Starts With More Contracts Than Spain Did

eToro has added futures market by market, and Australia's opening list is longer than the Spanish one. Users in Spain first got 20 CME contracts across equities , energy and gold, before eToro added spot-quoted futures with a minimum of about $200 there in July 2025.

CME has kept cutting contract sizes since then. In August, Sharon Brimer, eToro's senior director of dealing, said eToro saw relatively little migration from CFDs in markets where it offers both.

The US comes later. On its third-quarter call, eToro said futures from TradeZero, the US broker it agreed to buy in August, would move into the main app once the deal closes, which it expects in the first half of 2027.

That leaves Australia with 65 contracts at launch, more than three times Spain's first list, by FinanceMagnates.com's calculation.

Robert Francis, managing director of eToro Australia, said the company was bringing "smaller-sized futures to our Australian community."

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Clients must pass a suitability questionnaire and a knowledge test, and those who fail cannot try again for 30 days, the determination says. Accounts also get a margin close-out alert at 20% of available equity and negative balance protection.

Regulator Watches How Brokers Sell Leverage

The screening steps follow years of scrutiny of eToro's Australian CFD business. In 2023 ASIC brought its first design and distribution case against eToro's local unit, alleging the CFD target market was too broad.

Futures sales are on the regulator's list too. An August review of nine online brokers selling futures, short-dated options and fractional shares found target market documents that did not explain how products fit clients' needs. eToro was not among the nine.

ASIC is also keeping its CFD rules in place and has proposed extending its CFD product intervention order by 10 years to 2037.

Fewer Australians are visiting CFD brokers online. Australian visits to retail FX and CFD broker websites fell 26.9% from the previous quarter to 4.55 million in the third quarter, FM Intelligence's heat map shows.

Alongside the launch, eToro and CME signed an education agreement covering videos on how futures work and their risks. Julie Winkler, chief commercial officer at CME Group, said that as self-directed investors take up the products, "education is essential to helping them trade effectively."

The rollout follows a third quarter in which eToro's net contribution fell 13% from a year earlier to $186 million.