Online broker eToro announces that its eToro Money service is now available in Cyprus. This marks progress in eToro’s plans to bring eToro Money to more countries across Europe.

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. It offers free and instant deposits. In addition, eToro Money users can save on every deposit with 0% conversion fees when funding their eToro investment account.

eToro Money offers its users fast access to their money thanks to instant withdrawals.

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.