eToro Money is expanding its European presence by becoming available in Malta, Monaco, and Portugal.

eToro Money is an account and app that connect seamlessly with your eToro investment account, saving you time and money every time you deposit or withdraw. The app offers free and instant deposits. Users can also save on every deposit with 0% conversion fees when funding their eToro investment account.

eToro has been regularly expanding the functionalities of eToro Money. In May, for instance, the broker announced that its clients can use their eToro Money account to make Direct Debit payments.

Direct Debits are the most common way for customers to pay companies on a regular basis, and they are also the simplest and most convenient way to make regular payments, handle one’s monthly outgoings, and keep track of one’s household bills.

Earlier in July, eToro made eToro Money available in Italy and Spain. The service is also available in Ireland, Romania, and Cyprus.