eToro Launches Spot-Quoted Futures for Spanish Investors in Collaboration with CME Group

Key Insights

• eToro launches spot-quoted futures in Spain, allowing users to trade contracts based on real-time market prices across equities and crypto.
• The contracts, developed with CME Group, offer low entry barriers (around $200), year-long duration, and simplified pricing with no rollover.

MADRID, (MarketsXplora) – Online trading platform eToro (NASDAQ: ETOR) has introduced a new class of futures contracts for Spanish investors, offering spot-quoted futures developed in partnership with CME Group. The launch marks a significant expansion of eToro’s derivatives offering in Spain, allowing eligible users to trade six key markets with contracts that track real-time market prices rather than future valuations.

The new spot-quoted futures are now available on the S&P 500, Nasdaq-100, Russell 2000, Dow Jones Industrial Average, Bitcoin, and Ethereum.

Unlike traditional futures that reflect an anticipated future price, these contracts mirror the current or “spot” price of the underlying asset, offering a more intuitive trading experience.

Read also: CME Group to Launch Solana, XRP Futures Options in October

“We are proud to be among the first platforms to offer Spot-Quoted futures—an innovative product for retail investors that simplifies access to futures by expressing positions in spot-market terms,” said Yossi Brandes, eToro’s VP of Execution Services.

Accessible Entry, No Rollover Hassles

The contracts, offered through CME Group—the world’s leading derivatives exchange—require an initial investment of around $200 per position, making them more accessible than traditional futures, which often demand higher capital. They run for a full year without the monthly or quarterly rollovers that typically complicate futures trading, giving investors prolonged exposure without administrative friction.

Trading is available most hours during the weekday, with the ability to go both long and short. However, positions held overnight are subject to a daily financing adjustment. This overnight fee reflects the Adjustment Amount (ADJ) used by CME to align the futures price with the actual spot price. The ADJ accounts for cumulative market factors such as dividends, interest rates, and funding costs.

“With familiar spot-based pricing and longer-dated expiries, these innovative contracts provide a transparent and regulated trading opportunity for equity and cryptocurrency markets,” said Richard Stoker, Executive Director and Head of EMEA Retail Sales and Distribution at CME Group.

Boost for Spanish Retail Investors

The move follows eToro’s earlier introduction of conventional futures trading in Spain, which opened access to 20 contracts across U.S. equities, energy, and gold. The platform now builds on that foundation with this new type of contract, designed specifically with retail users in mind.

Tali Salomon, eToro’s Regional Manager for Iberia and Latin America, described the addition as a step toward offering greater investment flexibility.

“Spot-Quoted futures provide our users with greater flexibility, all within eToro’s seamless experience of managing investments from a single multiasset platform,” she said.

The launch comes amid a surge in retail interest in futures products, driven in part by CME’s micro contracts and the recent introduction of spot-quoted futures in June 2025. These developments aim to lower entry barriers and simplify futures trading for everyday investors.

While the contracts bring a new level of accessibility, eToro has cautioned that they are not suitable for all investors. In its disclaimers, the company warns that trading these products “involves significant risk” and that users “may lose more than your initial investment due to the underlying assets’ price volatility.”

For now, spot-quoted futures trading is only available to eligible eToro users in Spain. The company has said it will notify registered users once the product becomes available in other regions.

In parallel with this launch, eToro has also partnered with Franklin Templeton to release six new target-date UCITS ETF portfolios, broadening its suite of investment offerings for European users.