eToro partners with Deutsche Börse to expand its offering
eToro partners with Deutsche Börse to expand its offering
eToro, the popular trading and investment platform, has announced a new partnership with Deutsche Börse that will add 290 additional German-listed stocks to its platform. This significant expansion allows eToro users in Germany and around the world to trade a wider range of stocks, including smaller companies. In addition, users will have access to the well-known DAX40 stocks, the 40 largest companies on the Frankfurt Stock Exchange.
The partnership not only expands eToro's range of stocks, but also enhances the platform's data quality for its users. German traders, in particular, will benefit from improved price data, which will contribute to a better overall trading experience.
Yossi Brandes, vice president of executive services at eToro, noted the importance of the partnership in strengthening eToro's localized services for the German market. “The addition of 290 new German stocks and improved price data will greatly enrich the stock investing experience for our users,” Brandes said. He also emphasized that the collaboration with Deutsche Börse complements Xetra's existing eToro ETF offerings by providing long-term investors with a comprehensive and diverse portfolio option.
Brandes further hinted at eToro's long-term strategy, stating that the company will continue to explore partnerships aimed at unlocking global markets and improving the retail investing experience. This commitment reflects eToro's ongoing efforts to expand its reach and improve its offerings to investors across geographies.
Alireza Dorfard, head of market data and services at Deutsche Börse, also emphasized the significance of this collaboration. Dorfard noted that the collaboration allows retail investors to trade German equities with access to high-quality data from Xetra that can help inform and support their investment decisions. The partnership, he said, demonstrates Deutsche Börse's ability to offer standardized data packages for a variety of applications, meeting the needs of eToro's broad customer base.
The move is part of eToro's broader initiative to strengthen its presence in the German market. Earlier this year, the platform introduced eToro Core, a series of free investment portfolios managed by BlackRock. The platform also rolled out direct investments from EUR eToro Money accounts, further localizing its services for the German market.
In addition to its partnership with Deutsche Börse, eToro is actively expanding its equity offerings in other regions. The company recently announced a similar agreement with the London Stock Exchange (LSEG), adding more than 1,000 UK-listed stocks to the platform, underscoring its commitment to making global markets more accessible to retail investors.
Through these partnerships and expansions, eToro continues to position itself as the leading platform for traders and investors looking for diverse, accessible and data-driven investment opportunities.
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