Which forex broker offers a debit card

eToro will be releasing a debit card issued by recently acquired Marq Millions

The investment app eToro will launch a debit card following the recent acquisition of UK-based e-money business Marq Millions. It is now trading as eToro Money and will be the issuer of the new debit card that eToro launches.

The new debit card will initially be available to eToro Club members in the UK and then to Europe. After that, it will be extended to non-eToro users.

Now on to eToro: www.etoro.com/de/71% of the accounts of private investors lose money when trading CFDs with this provider Please note that you should inform yourself in advance about the risks of CFD trading, as high losses cannot be ruled out can be. Cryptocurrencies are not regulated and their prices can fluctuate widely. No EU investment protection

 

A spokesman for eToro said the card could now offer customers instant withdrawal and deposit capabilities.

eToro Money has a master membership with VISA and an EMI license approval from the Financial Conduct Authority. It will likely start quickly, subject to FCA approval.

Yoni Assia, Co-Founder and CEO of eToro said:

“Introducing a debit card is a natural next step for eToro as we expand the capabilities for our users. The debit card offers instant withdrawal and deposit capabilities and greatly improves the user experience. We expect the card to be widely accepted - initially from our customer base. "

With eToro, its clients can invest in stocks and commodities as well as in crypto assets like Bitcoin. The app is regulated by the Cyprus Securities and Exchange Commission, the UK Financial Conduct Authority and the Australian Securities and Investments Commission.

Now on to eToro: www.etoro.com/de/71% of the accounts of private investors lose money when trading CFDs with this provider Please note that you should inform yourself in advance about the risks of CFD trading, as high losses cannot be ruled out can be. Cryptocurrencies are not regulated and their prices can fluctuate widely. No EU investment protection

 

Mahmood Kamran, CEO of eToro Money, commented:

“We are very excited to be part of the eToro Group. The support of this world's leading fintech company enables us to issue a debit card that we believe will become a global leader. ”

After eToro's competitor delayed the launch "indefinitely", eToro is competing to build its customer base in the UK before launching the US investment platform.