eToro, a globally recognized leader in social trading, has fortified its trading portfolio by introducing the Israeli Shekel (ILS) among its trading instruments. This addition empowers traders to participate in ILS trading pairs alongside some of the world's major currencies, including USD, EUR, and GBP.

The Israeli Shekel also called the New Shekel (ILS), debuted in 1985 and has been trading freely since 2003. It holds the distinction of being the 23rd most traded currency on the global stage, based on data from the Bank for International Settlements (BIS). Regarding worldwide trading volume, Shekel's prominence aligns with currencies like the Czech Koruna (CZK) and the Turkish Lira (TRY).

The ILS has earned a reputation for its robust stability and consistent performance, attributes that stem from Israel's current account surplus, substantial foreign exchange reserves, the Bank of Israel's operational independence, and a generally stable political landscape. As a result, the Shekel enjoys full backing from the Bank of Israel, with the country's economic policies and considerable foreign exchange reserves contributing to its value.

This expansion of eToro's trading assets follows the recent inclusion of European natural gas trading, providing a commodity option that fulfills around 25% of the European Union's energy requirements.

Furthermore, eToro now presents the opportunity to trade non-leveraged Australian stocks listed on the ASX, allowing for genuine stock market trading experiences rather than CFD positions. Adding ILS trading pairs further enriches eToro's diverse and comprehensive range of instruments, offering enhanced trading opportunities for investors seeking exposure to Israeli markets and currency.

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