eToro, an international online multi-asset social trading network, has expanded its list of assets for its Brazilian clients.
Brazilian traders who registered on or after February 28 last year were previously only able to trade Crypto assets based on the Brazilian Real.
With the expansion of offerings from eToro, traders can now trade stocks, exchange-traded funds (ETFs), and contracts for difference (CFDs), with the exception of CFDs on currency pairs.
“All products and services in Brazil are now open. The only exceptions are currency pairs, which are disabled for this region,” eToro said on its website.
The exclusion of CFDs on currency pairs, in turn, is due to regulatory requirements in Brazil.
Learn how to trade CFDs on popular assets with Top Forex broker eToro
In addition, Brazilian traders are now allowed to Copy trades and use smart portfolios with the exception of copying currency positions.
The Smart Portfolios and Copy trading feature came after eToro introduced its AI-powered Smart Trading Portfolio to its US users. The InvestorAI-US portfolio gives private traders exposure to 12 high-growth US stocks.
