From February 19, 2024, online broker eToro will no longer support long non-leveraged CFD crypto positions in Australia.
From that date, any remaining open long non-leveraged CFD cryptoasset positions will be closed at market value.
In case you want to close your non-leveraged long CFD cryptoasset positions before February 19, 2024, you may proceed and open an equivalent position in real crypto. You will no longer be charged overnight fees. This is because overnight fees are only charged on CFD positions.
eToro will be crediting the spread costs incurred to purchase the real crypto position, up to the original trade size amount, as long as you open the new trade within 30 minutes of closing the CFD position. This credit will be added directly to your account within 8 business days.
To close your…
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