---
name: etoro-cross-border
description: eToro cross-border marketing policy by country. Use when checking if a country can be targeted, what products are available, or which regulation applies. Triggers on "can I target", "country policy", "cross border", "regulation by country", "blocked countries", "CFD available", "crypto available", "which regulation".
---

# eToro Cross-Border Policy Matrix 2025

Source: `Cross border Policy Matrix 2025 - Official_.xlsx`

## Major Markets - Product Availability

| Country | CFD | Equities | ETFs | US-ETF | Copy | Crypto | Wallet | eMoney | Staking |
|---------|-----|----------|------|--------|------|--------|--------|--------|---------|
| 🇬🇧 United Kingdom | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇩🇪 Germany | ✅ | ✅ | ✅ | ❌ | ✅ | ❌ | ✅ | ✅ | ✅ |
| 🇫🇷 France | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ❌ | ✅ | ✅ |
| 🇮🇹 Italy | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇪🇸 Spain | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇳🇱 Netherlands | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ❌ | ✅ | ✅ |
| 🇦🇹 Austria | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇧🇪 Belgium | ❌ | ✅ | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇵🇱 Poland | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇨🇿 Czech Republic | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇬🇷 Greece | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇵🇹 Portugal | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇮🇪 Ireland | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇸🇪 Sweden | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇳🇴 Norway | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇩🇰 Denmark | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇫🇮 Finland | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇨🇭 Switzerland | ✅ | ✅ | ❌ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇦🇺 Australia | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ✅ |
| 🇦🇪 UAE | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
| 🇸🇦 Saudi Arabia | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ✅ |
| 🇸🇬 Singapore | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ✅ |
| 🇭🇰 Hong Kong | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ✅ |
| 🇮🇱 Israel | ❌ | ✅ | ✅ | ✅ | ❌ | ✅ | ✅ | ❌ | ✅ |
| 🇿🇦 South Africa | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ✅ |

## Key Restrictions by Country

### 🇩🇪 Germany
- **NO Real Crypto** - Cannot market crypto trading
- Crypto Wallet and Staking still available

### 🇫🇷 France / 🇳🇱 Netherlands
- **NO Crypto Wallet** - Cannot promote wallet service
- Real Crypto trading available

### 🇧🇪 Belgium
- **NO CFDs** - Cannot market CFD trading

### 🇨🇭 Switzerland
- **NO ETFs** (neither EU nor US ETFs)
- All other products available

### 🇭🇰 Hong Kong / 🇮🇱 Israel
- **NO CFDs** - Cannot market CFD trading
- Israel also has NO CopyTrader

### 🇯🇵 Japan
- **FULLY BLOCKED** - No eToro services

## 🇺🇸 USA (State by State)

US users via eToro USA (FinCEN regulated). **Crypto only** - no stocks/ETFs via FinCEN license.

### Licensed States (Crypto Available)
Alabama, Alaska, Arizona, Arkansas, Connecticut, Delaware, DC, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Mississippi, Nebraska, New Hampshire, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Vermont, Washington, West Virginia, Virginia, Wisconsin, Wyoming, Montana

### Blacklisted US Territories
- American Samoa
- Guam  
- US Virgin Islands

### Pending/Not Yet Licensed
- Hawaii (Not Applying)
- Nevada (Not Yet Submitted)
- Puerto Rico (Not Yet Submitted)
- New York (License pending - MTL & VC)

## Blocked Countries (DO NOT TARGET)

These countries have ALL products blocked (CFD=X AND Equities=X):

### Africa
Botswana, Burundi, Cape Verde, Central African Republic, Congo, Congo Republic, Cote d'Ivoire, Equatorial Guinea, Ethiopia, Gabon, Ghana, Guinea, Guinea-Bissau, Liberia, Libya, Mali, Mauritania, Namibia, Niger, Nigeria, Sierra Leone, Somalia, Sudan, Tunisia, Uganda, Zimbabwe

### Asia
Afghanistan, Bhutan, Cambodia, China, Iran, Iraq, Japan, Laos, Lebanon, Marshall Islands, Myanmar, North Korea, Pakistan, Sri Lanka, Syria, Yemen

### Americas
Anguilla, Bahamas, Barbados, Cuba, Grenada, Haiti, Jamaica, Montserrat, Nicaragua, Northern Marianas, Panama, Saint Kitts and Nevis, Saint Pierre, Saint Vincent, Trinidad and Tobago, Canada, Guyana, Venezuela

### Europe
Albania, Belarus, Bosnia and Herzegovina, Macedonia, Moldova, Montenegro, Turkey

### Pacific
Cook Islands, East Timor, Fiji, Kiribati, Nauru, Niue, Palau, Papua New Guinea, Samoa, Solomon Islands, Vanuatu

## Countries Without Crypto (Real Crypto = X)

Germany, Estonia, Egypt, India, Jordan, Qatar + all blocked countries above

## Quick Decision Tree

```
Can I target [Country]?
│
├─ Is it in BLOCKED list? → ❌ NO
│
├─ What products?
│   ├─ CFDs → Check if CFD=V (Belgium, HK, Israel = NO)
│   ├─ Crypto → Check if Crypto=V (Germany = NO)
│   ├─ ETFs → Check if ETF=V (Switzerland = NO)
│   └─ Wallet → Check if Wallet=V (France, Netherlands = NO)
│
└─ Use correct disclaimers (see etoro-disclaimers skill)
```

## Before Launching a Campaign

1. **Check this matrix** for target country
2. **Verify products** - only advertise available products
3. **Check restrictions** - Germany=no crypto, Switzerland=no ETFs, etc.
4. **Use correct disclaimers** - see etoro-disclaimers skill
5. **Get compliance approval** - all campaigns need sign-off