Online broker eToro Europe Ltd. (eToro EU) is now authorized to offer cryptoasset services in Germany under MiCA.
The broker has updated its Terms & Conditions (the “Revised Terms”), available here. These apply to all clients of eToro who are residents of Germany, whether or not they currently hold cryptoassets on eToro.
1. Trading services are moving to eToro EU
Starting on or around October 30, 2025, all cryptoasset trading services will be provided directly by eToro EU. This means:
You will no longer have access to the services of DLT Finance through the eToro platform.
Your trades will continue seamlessly through the eToro platform.
You must accept the Revised Terms in order to continue trading. These will also appear as a pop-up when you next log in.
2. No changes to the Custody of assets at this stage
There will be no change to the custody of clients’ cryptoassets, and their current positions remain unaffected.
3. Future custody by eToro EU
By accepting the Revised Terms, the clients agree that eToro EU may provide custody services in the future.
4. eToro is fully MiCA-compliant
Although eToro EU is authorised under MiCA to offer crypto services, it is not classified as a MiCA trading platform – a venue where buyers and sellers trade directly, like a stock exchange. Instead, eToro is your counterpart and securely executes trades. This means that trades may be executed outside of regulated MiCA trading venues.
5. If you do not accept the Revised Terms
When you next access the platform, a pop-up will prompt you to accept the Revised Terms.
If you do not accept these Revised Terms, you will no longer be able to trade cryptoassets via eToro after October 5, 2025. However, your current cryptoassets will remain safely held in custody with Tangany GmbH, and may be withdrawn to another custodian if desired by contacting them, subject to their terms.
6. Summary of changes to the Terms & Conditions: What’s changing and what’s not
Cryptoassets Trading provider: eToro EU will assume all cryptoasset trading obligations
Cryptoassets Custody: Remains unchanged.
Existing positions: Remain unchanged
Regulation: Previously under local arrangement via DLT → Now MiCA-regulated via eToro EU
In the future, eToro EU may also provide cryptoasset custody. You will be notified in advance of that.
