eToro Expands Investment Offerings in Spain Through CME Group

Forex broker eToro is once again making waves in the Spanish financial scene with the launch of Spot-Quoted Futures contracts, made possible through a partnership with CME Group. This move marks a significant step in the social trading broker's efforts to make derivatives more accessible to ordinary investors.

Forex broker news this time highlights eToro's ongoing efforts to expand its product offerings and empower retail investors with simpler and more transparent trading tools.  

The newly introduced Spot-Quoted Futures contracts allow eligible users of eToro forex broker in Spain to trade six major contracts: S&P 500, Nasdaq-100, Russell 2000, Dow Jones Industrial Average, Bitcoin, and Ether. These contracts are priced based on the current market value of the underlying assets, offering greater transparency compared to traditional futures contracts.

One of the key features of these contracts is their simplicity and flexibility. With an initial investment of around USD 200, traders can open buy or sell positions without having to worry about monthly or quarterly rollovers. Each contract is valid for a full year and can be traded almost any time during the trading session.  

"We are proud to be one of the first platforms to bring Spot-Quoted Futures Contracts to retail investors," said Yossi Brandes, Vice President of Execution Services for eToro forex broker. "This product helps bridge the gap between derivatives markets and the spot market."  

Executive Director of CME Group Richard Stoker added, "Offering smaller and more accessible contracts is a big step in making investing more inclusive." 

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