Trading and investing platform eToro has expanded its local
offering for users in Denmark by adding support for deposits and trading in
Danish kroner, alongside US dollars.

The company said Danish users can now deposit, hold,
withdraw, and invest directly in DKK. Users can choose whether to fund trades
from their DKK or USD balance instead of converting to USD by default. When
trading Copenhagen-listed stocks, users can avoid currency conversion fees by
using DKK.

The update follows eToro’s expansion last year of its
partnership with Nasdaq. The move gave users access to real-time
data for more than 210 additional Nordic-listed stocks across Copenhagen,
Helsinki, and Stockholm. At the time, eToro said it was the first non-Nordic
platform to provide complimentary real-time access to Nasdaq Nordic market data
globally.

DKK Accounts Help Reduce Trading Costs

eToro said Danish users will also receive discounted
currency conversion rates when trading USD-listed assets. Conversion fees
between DKK and USD start at 0.75 percent and can fall to 0.15 percent
depending on the user’s eToro Club tier.

Doron Rosenblum, Executive Vice President for Business
Solutions at eToro, said the company aims to combine global market access with
local features. He said DKK accounts allow users to “reduce costs” and “manage
their currency exposure more effectively.”

Open Banking Enables Instant Deposits Soon

The company also said it plans to allow Danish users to
deposit BTC, ETH, USDC, and XRP from external wallets. These assets can be
converted into DKK and then reinvested, withdrawn, or spent on the platform.

In addition, eToro announced upcoming changes to its funding
process in Denmark. An Open Banking solution is expected to enable instant bank
transfers directly within the eToro app.

eToro Expands European Presence Through Sports Sponsorships

Alongside product and market developments in Denmark, eToro
is expanding its presence across Europe through sports sponsorships. The firm
has signed multi-year agreements with four French
Ligue 1 clubs—AS Monaco, LOSC Lille, Olympique Marseille, and Olympique
Lyonnais—starting with the 2025/26 season.

These deals include branding on
jerseys, pitch-side displays, and digital platforms. In parallel, eToro will
become the exclusive trading and investment
partner of the BWT Alpine Formula One Team for the 2026 season. Financial
terms were not disclosed.

This article was written by Tareq Sikder at www.financemagnates.com.

—

— CONTENT NOT MODERATED BY G6

— Please be careful with this content. If you don’t think it should be here, please get in touch with us at [email protected]